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Cable Update (GBPUSD)

  • #476,481
  • Apr 19, 2019 10:40am Apr 19, 2019 10:40am
Quoting DailyChart
{quote} The daily open and close based on newyork close chart is very important for my analysis is what i mean Perhaps...anybody can recommended which broker that can provided accurate newyork close chart for me
Hi - I got confused as one said up and the other one said down.
Don't trade what you think. Just what you see!!!
  • #476,482
  • Apr 19, 2019 10:47am Apr 19, 2019 10:47am
Anyone intend to remain open BUY trades over weekend until Tuesday?
  • #476,483
  • Apr 19, 2019 11:04am Apr 19, 2019 11:04am
Guys, in your opinion, how much I should deposit in my account to prevent margin call even in worse scenario? Regarding to current situation of my account.
  • #476,484
  • Apr 19, 2019 11:24am Apr 19, 2019 11:24am
Quoting humantrader
{quote} what was your trading plan before you put so many buy orders?? you will need to think again..don't marry a single trade.. cut your loses and take a break then come again with a solid plan.. Btw,You can follow my trading journal if you want to. https://www.forexfactory.com/showthread.php?t=910784
I start following your trading journal, ready to learn before trading.
  • #476,485
  • Apr 19, 2019 11:31am Apr 19, 2019 11:31am
Quoting jack0826
Anyone intend to remain open BUY trades over weekend until Tuesday?
Hi Jack0826- what are you seeing in this market to buy?
Don't trade what you think. Just what you see!!!
  • #476,486
  • Apr 19, 2019 11:54am Apr 19, 2019 11:54am
Hi all, Like I said this morning it was not sensible to trade today. I'm not telling anyone how they should trade, as I would feel awful if anyone lost their money.
Don't trade what you think. Just what you see!!!
  • #476,487
  • Apr 19, 2019 12:04pm Apr 19, 2019 12:04pm
Quoting essei
Guys, in your opinion, how much I should deposit in my account to prevent margin call even in worse scenario? Regarding to current situation of my account.
if you don't know what your risk is, then don't even start tarding

your risk should be at most 10% of your account balance per trade to prevent being margin called

all newbies lose money because they trade too often, with too much risk, and lack of stop loss or too tight of stop loss

depositing more money and not knowing what you are doing is not going to help you
Don't Worry Be Happy
  • #476,488
  • Apr 19, 2019 12:20pm Apr 19, 2019 12:20pm
Quoting Theoak
Hi all, Like I said this morning it was not sensible to trade today. I'm not telling anyone how they should trade, as I would feel awful if anyone lost their money.
Hi All - Well I've not had a bad week (check my posts if you don't believe me). I'm up around 4% and in 3 losing trades at moment of about 0.7%.I don't care if I get stopped out on all 3 of these trades. One of them is against the market sentiment and if I lose so be it. Risk to reward was too good! All the best to you all!!!
Don't trade what you think. Just what you see!!!
  • #476,489
  • Apr 19, 2019 12:40pm Apr 19, 2019 12:40pm
We all see different things. Spike of excess price below lower value line - I think there is potential upside. That’s M15 GBPUSD by the way
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  • #476,490
  • Apr 19, 2019 12:46pm Apr 19, 2019 12:46pm
When Spikes of excess price occur below or above the Value lines, in 80% of cases price reverses to fill the value area between top and bottom lines. Middle line is control price.
  • #476,491
  • Apr 19, 2019 12:53pm Apr 19, 2019 12:53pm
Cable lift today is normal for thin holiday trading. Same on Monday might pick up a couple of long pips but watch out come Tuesday as GBP going start a new down trend. How many will miss the boat again??? ATR is now very low over the last couple of weeks so cable going to bust a nut probably in the next week. Time now for some R & R
  • #476,492
  • Apr 19, 2019 1:25pm Apr 19, 2019 1:25pm
Quoting SilverBolt
Cable lift today is normal for thin holiday trading. Same on Monday might pick up a couple of long pips but watch out come Tuesday as GBP going start a new down trend. How many will miss the boat again??? ATR is now very low over the last couple of weeks so cable going to bust a nut probably in the next week. Time now for some R & R
Hi SilverBolt, I can honestly say I don't know what is going to happen on Tuesday, but if I had a gun to my head and had to gamble I think I'd go with you. I think we will have to wait until Tuesday.
Don't trade what you think. Just what you see!!!
  • #476,493
  • Apr 19, 2019 1:45pm Apr 19, 2019 1:45pm
Quoting MrPresident
{quote} if you don't know what your risk is, then don't even start tarding your risk should be at most 10% of your account balance per trade to prevent being margin called all newbies lose money because they trade too often, with too much risk, and lack of stop loss or too tight of stop loss depositing more money and not knowing what you are doing is not going to help you
Thank you for your advice, Is there any robot or software that can restrict open position which can be added to my meta trader? ( Do not allow the trader excessive risk)
I agree with you; trader must know risk and trading manner but my question is only for currently open positions
  • #476,494
  • Apr 19, 2019 1:57pm Apr 19, 2019 1:57pm
These moves??? If only my spread wasnt more then 15 pips i would have doubled my account 15 times
Have a great eastern
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  • #476,495
  • Apr 19, 2019 2:18pm Apr 19, 2019 2:18pm
This day was a total waste of time
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yes yes yes
  • #476,496
  • Apr 19, 2019 2:40pm Apr 19, 2019 2:40pm
Hi all, So what do we think is going happen next week?
Don't trade what you think. Just what you see!!!
  • #476,497
  • Apr 19, 2019 2:53pm Apr 19, 2019 2:53pm
Quoting Theoak
<p style="width: 872px; height: 68px;">Hi wiserltz - Ok many thanks. It's a bank holiday here in the UK and market will be slow. I still do not know why you think the market will go up! I can see&nbsp;support at these levels, but "resistance is futile" and "power is power". I have not got a clue what the market will do! I have guessed with my isolator at going up to 1.3010 on very weak short term up power then going down again and then be stuck in a tight&nbsp;range all day long, but it&nbsp;is only a guess!!!</p>
Well I Guessed this one right
Don't trade what you think. Just what you see!!!
  • #476,498
  • Apr 19, 2019 2:55pm Apr 19, 2019 2:55pm
Quoting Theoak
{quote} hi Moty - I think USD/CHF might bounce and go up. EVERYONE ONLY A QUESS
Hello All - I guessed right with this one as well
Don't trade what you think. Just what you see!!!
  • #476,499
  • Apr 19, 2019 2:56pm Apr 19, 2019 2:56pm
Quoting Theoak
<p style="width: 872px; height: 68px;">Hi wiserltz - Ok many thanks. It's a bank holiday here in the UK and market will be slow. I still do not know why you think the market will go up! I can see&nbsp;support at these levels, but "resistance is futile" and "power is power". I have not got a clue what the market will do! I have guessed with my isolator at going up to 1.3010 on very weak short term up power then going down again and then be stuck in a tight&nbsp;range all day long, but it&nbsp;is only a guess!!!</p>
I guess correct again
Don't trade what you think. Just what you see!!!
  • #476,500
  • Apr 19, 2019 2:57pm Apr 19, 2019 2:57pm
Quoting Theoak
{quote} Hi - I think you might be right, but what can we do with that with a spread?
4 in a row
Don't trade what you think. Just what you see!!!
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