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Cable Update (GBPUSD)

  • #499,261
  • Oct 18, 2019 11:15am Oct 18, 2019 11:15am
Quoting Treptowjens
{quote} So for Example . . I have a 100$ Account - for Example on ICMarkets. And i go Short or Long (dont know this at the moment) - just before the Markets today closed. Hold the Trade over the weekend. If the eventually GAP on Monday Morning are against me - and i have placed a Stoploss - can i lost more then this 100$ ? Will my Broker more Money from me next week, if i losing my bet ? Sorry for this Newbie Question here . . .

I do not think you will owe them more than the $100 unless they are very dodgy
i have never put myself in such a situation I cLose my trades on a weekend always
Blogging daily now at www.volume.zone
  • #499,262
  • Oct 18, 2019 11:21am Oct 18, 2019 11:21am
Quoting Treptowjens
{quote} So for Example . . I have a 100$ Account - for Example on ICMarkets. And i go Short or Long (dont know this at the moment) - just before the Markets today closed. Hold the Trade over the weekend. If the eventually GAP on Monday Morning are against me - and i have placed a Stoploss - can i lost more then this 100$ ? Will my Broker more Money from me next week, if i losing my bet ? Sorry for this Newbie Question here . . .
Your broker will enforce a margin call on your account, you won't owe them more than $100.
Charts don't drive price, market conditions drive price...
  • #499,263
  • Oct 18, 2019 11:28am Oct 18, 2019 11:28am
Quoting Treptowjens
{quote} So for Example . . I have a 100$ Account - for Example on ICMarkets. And i go Short or Long (dont know this at the moment) - just before the Markets today closed. Hold the Trade over the weekend. If the eventually GAP on Monday Morning are against me - and i have placed a Stoploss - can i lost more then this 100$ ? Will my Broker more Money from me next week, if i losing my bet ? Sorry for this Newbie Question here . . .
I have a very important question if anyone can help me.
Since the weekend ( vote in UK parliament) can make a spike in GBP upward to 1.35 or downward to 1.15, I want to know whether the pending Buy Stop order or pending sell stop orders will work in weekend? or the brokers does not allow the pending orders to execute during weekend?
Quick response is much appreciated
Rider of BIIIIG Moves!
  • #499,264
  • Oct 18, 2019 11:28am Oct 18, 2019 11:28am
Quoting Treptowjens
{quote} So for Example . . I have a 100$ Account - for Example on ICMarkets. And i go Short or Long (dont know this at the moment) - just before the Markets today closed. Hold the Trade over the weekend. If the eventually GAP on Monday Morning are against me - and i have placed a Stoploss - can i lost more then this 100$ ? Will my Broker more Money from me next week, if i losing my bet ? Sorry for this Newbie Question here . . .
On ICMarket you dont have any secure to negative balance.
So if you are going to have an opened trade on weekend and there is gonna be a gap against you - you can have like balance for example -234$.
IC Market have something like reimbursement - so if you are going to make a deposit to make your balance to 0$ (after having a negative balance) - they gonna add the same amount of money to your account.
  • #499,265
  • Oct 18, 2019 11:32am Oct 18, 2019 11:32am
Quoting dokijoon
{quote} I have a very important question if anyone can help me. Since the weekend ( vote in UK parliament) can make a spike in GBP upward to 1.35 or downward to 1.15, I want to know whether the pending Buy Stop order or pending sell stop orders will work in weekend? or the brokers does not allow the pending orders to execute during weekend? Quick response is much appreciated
No, durring weekend is trading frozen, so your pending orders will not be filled.
  • #499,266
  • Oct 18, 2019 11:38am Oct 18, 2019 11:38am
Brexit vote in Commons could be delayed in extraordinary move by MPs to prevent risk of no-deal

https://www.independent.co.uk/news/u...-a9162106.html
Charts don't drive price, market conditions drive price...
  • #499,267
  • Oct 18, 2019 11:39am Oct 18, 2019 11:39am
Quoting Coreg2004
Those who still hold NQ (futures) pray that top TL of the channel will hold. {image}
Roby will be back here on Monday ...
Attached Image (click to enlarge)
Click to Enlarge Name: NQ 12-19 (120 Min) 10_18_2019.jpg Size: 251 KB
Always trade your own plan...I don't provide trading signals.
  • #499,268
  • Oct 18, 2019 11:39am Oct 18, 2019 11:39am
Will we ever see the end of Brexit???
Charts don't drive price, market conditions drive price...
  • #499,269
  • Oct 18, 2019 11:42am Oct 18, 2019 11:42am
Quoting Guztro
Will we ever see the end of Brexit???
No, its good tool for manipulate with market
  • #499,270
  • Oct 18, 2019 11:43am Oct 18, 2019 11:43am
See u on monday with chart
  • #499,271
  • Oct 18, 2019 11:48am Oct 18, 2019 11:48am
YAAAAAAAAAAAAYYYYYYYYYYYY!!!!!!!

Only been waiting 8 hours for that move, the icing on the
Don't Leave Money on the Table
  • #499,272
  • Oct 18, 2019 11:51am Oct 18, 2019 11:51am
Quoting Guztro
Will we ever see the end of Brexit???
In answer to your question....
Attached Image
Don't Leave Money on the Table
  • #499,273
  • Oct 18, 2019 11:52am Oct 18, 2019 11:52am
Quoting dokijoon
{quote} I have a very important question if anyone can help me. Since the weekend ( vote in UK parliament) can make a spike in GBP upward to 1.35 or downward to 1.15, I want to know whether the pending Buy Stop order or pending sell stop orders will work in weekend? or the brokers does not allow the pending orders to execute during weekend? Quick response is much appreciated
if big gap your order will not be triggered
Blogging daily now at www.volume.zone
  • #499,274
  • Oct 18, 2019 12:01pm Oct 18, 2019 12:01pm
Quoting thevisitor
H1: {image}
6 (SIX!!) hours ago...
too slow
  • #499,275
  • Oct 18, 2019 12:04pm Oct 18, 2019 12:04pm
Quoting malcolmb14
Anyone holding gbp over the weekend is essentially playing Russian roulette please note whAt ever price gbpusd opens on Monday is what your stop gets filled at not many traders know his so if you have a sell woth 50 pip and gbp goes 500 gap your stop gets filled at 500 gap not 50 beware brokers will never inform you if this as they want to take your money .
500 gap move is what make me feel alive
but like onlineaddict said , it cant be 500 pip right?
maybe 100 pip or 50

gonna clear my acc deposit only left enough to hold(100 pip) and add sell (by coin toss)

want to ask smth , if monday's gap is up, then what do we do?
never experienced smth like this , does this mean gbp going bulish?
Take What You Can , Give Nothing Back
  • #499,276
  • Oct 18, 2019 12:05pm Oct 18, 2019 12:05pm
I am taking a VERY BIG RISK , shorted GU now and will leave it open for the week end.

In my demo account.


Intraday only.
  • #499,277
  • Oct 18, 2019 12:09pm Oct 18, 2019 12:09pm
Quoting Theoak
long 1.2906 target 1.2948
bingo + 50 pips
Don't trade what you think. Just what you see!!!
  • #499,278
  • Oct 18, 2019 12:09pm Oct 18, 2019 12:09pm
Quoting navk
I am taking a VERY BIG RISK , shorted GU now and will leave it open for the week end. In my demo account.
looool, just when i thought ure with me, got confident boost by 50%, but at the end of the post"in my demo account"...
Take What You Can , Give Nothing Back
  • #499,279
  • Oct 18, 2019 12:12pm Oct 18, 2019 12:12pm
GU looks like its setting up for a drop, no matter what happens during the weekend. I am short from 2955 again. Target open.

GJ short, too, 140.50.
Everyone can see the chart, but only a few can actually read it.
  • #499,280
  • Oct 18, 2019 12:13pm Oct 18, 2019 12:13pm
Some traders think I have to be in the market all the time

some make 50 trades a day to make 40 pip

pretend you are a sniper wait for the clear trades

I got Dax sell Dow sell and gbp buys in us

300 pip total with big lots size
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_4258.PNG Size: 240 KB
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