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Cable Update (GBPUSD)

  • #502,381
  • Nov 4, 2019 11:43pm Nov 4, 2019 11:43pm
Quoting thevisitor
{quote} not true! will a flash crash respect your sl? >uncertain outcome!!
A surge can shift your SL but not wipe it out and that makes a stop out a certainty.

Certainly, you are not a forex trader if it does not engage you is serious mental and intellectual work. Take time and study the diverse array of charts people post on this forum and savour the intelligence and finesse of many of them. Some of them were not learnt from the classroom but have emanated from years of methodical and scientific exercise.

For me, my attraction to forex is that only about 5% of the traders are successful. So, it's not all-comers affair. It is not a job for the lily-livered or the unserious. Forex will demand a lot of quality reading, studying and practice before you succeed in it. And when you do, you earn income from forex on a consistent basis. I know of traders who are surprised that people lose money in forex. So, it is an aberration to equate forex to gambling
  • #502,382
  • Nov 4, 2019 11:44pm Nov 4, 2019 11:44pm
Quoting akim0895
{quote} yeahh.. forget about its WALL STREETS ️
Wall Street, Gordon Gecko
Love the scene where he's using the motorola 'Brick' and looking cool doing so....LOL

Inserted Video
Don't Leave Money on the Table
  • #502,383
  • Nov 4, 2019 11:46pm Nov 4, 2019 11:46pm
Quoting akim0895
{quote} mate.. let made it an easy thinking.. we all have different methods,system and indicator so from that surely will get different trading style.. some used stop loss,some don’t used stop loss and others sometimes used or not used.. so this kind of story/topics better aviod just wasted time.. till next 10/20 years will not finish just argue about using stop loss or not.. how about thinks Gu fly FLY or DUMP later that will be better and wise.. take care ️
about GAMBLING..
also same look there..
different people will have different style of trading
i like coffee
you don’t like coffee
navk like coconut juice
so there are different..
they want trading min/max their margin
that their style,choice and opinion
if you have better way or system
so prove its to them how to trading the right way
its better than calling that..
️
just for a cup of coffee...
  • #502,384
  • Nov 4, 2019 11:54pm Nov 4, 2019 11:54pm
unbelievable how many people here getting attracted by the word "gambling"

calm down, calm down...
  • #502,385
  • Nov 4, 2019 11:55pm Nov 4, 2019 11:55pm
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-11-05_11.04.56.jpg Size: 622 KB
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #502,386
  • Nov 4, 2019 11:57pm Nov 4, 2019 11:57pm
Quoting thevisitor
unbelievable how many people here getting attracted by the word "gambling" calm down, calm down...
‘Gambling’ at forex is for traders that don’t have enough knowledge in trading..
sorry all..
back to my cocoon ️
just for a cup of coffee...
  • #502,387
  • Nov 4, 2019 11:57pm Nov 4, 2019 11:57pm
Quoting akim0895
{quote} mate.. let made it an easy thinking.. we all have different methods,system and indicator so from that surely will get different trading style.. some used stop loss,some don’t used stop loss and others sometimes used or not used.. ️
Even for those who don't use stop losses, they have a strategy of stopping their trades. There are people who don't like to see reds on their trading report and so, once the parameters of their entry changes they exit promptly. There is no such practice in gambling. Also, risk management is a potent course in forex but you cannot paint gambling in similar colours.
  • #502,388
  • Nov 5, 2019 12:00am Nov 5, 2019 12:00am
Quoting tantra
No touch 200 ema - 5 min today, let's see
  • #502,389
  • Nov 5, 2019 12:00am Nov 5, 2019 12:00am
Quoting akim0895
{quote} mate.. let made it an easy thinking.. we all have different methods,system and indicator so from that surely will get different trading style.. some used stop loss,some don’t used stop loss and others sometimes used or not used.. ️
Even for those who don't use stop losses, they have a strategy of stopping their trades. There are people who don't like to see reds on their trading report and so, once the parameters of their entry changes they exit promptly. There is no such practice in gambling. Also, risk management is a potent course in forex but you cannot paint gambling in similar colours.

So much for this distraction. Let's face trading. For days, GU has been direction-less. It is now and we need to make the money, serious money
  • #502,390
  • Nov 5, 2019 12:02am Nov 5, 2019 12:02am
Quoting sgkrishn
{image}
What are the indicators are you using to anticipate the market?
  • #502,391
  • Nov 5, 2019 12:11am Nov 5, 2019 12:11am
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 21 KB
yes yes yes
  • #502,392
  • Nov 5, 2019 12:22am Nov 5, 2019 12:22am
Quoting Bydyke
{quote} Even for those who don't use stop losses, they have a strategy of stopping their trades. There are people who don't like to see reds on their trading report and so, once the parameters of their entry changes they exit promptly. There is no such practice in gambling. Also, risk management is a potent course in forex but you cannot paint gambling in similar colours. So much for this distraction. Let's face trading. For days, GU has been direction-less. It is now and we need to make the money, serious money
yesterday already made some green pips buddy
today coming soon..
waiting FF n London ️
just for a cup of coffee...
  • #502,393
  • Nov 5, 2019 12:35am Nov 5, 2019 12:35am
GU is boring to going up.... so prepare your short dude....
  • #502,394
  • Nov 5, 2019 12:43am Nov 5, 2019 12:43am
Quoting deopanteaud
{quote} What are the indicators are you using to anticipate the market?
1.Exponential MA = 50
2.Simple MA = 46
3.Parabolic SAR = 0.02
4.Bollinger Bands = 20
8.Awesome Oscillator
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #502,395
  • Nov 5, 2019 1:02am Nov 5, 2019 1:02am
Quoting akim0895
{quote} yesterday already made some green pips buddy today coming soon.. waiting FF n London ️
Yesterday was great. Today promises to be better now that GU has played its hand.

Of course you are a guru in forex even though you will not admit. Your trading system is wonderful and guarantees steady income particularly in these days (years) of Brexit
  • #502,396
  • Nov 5, 2019 1:02am Nov 5, 2019 1:02am
Quoting navk
{quote} Just academic interest. You and me are placed in a hightech company, assume this way. World war or erupts, we are asked to go on un paid leave until further notice. we loose our jobs. So job is gambling too ? Or assume we two make a small start up. Political party changes after our start up. Rules changes too. whatever benefit we were expecting to get from Government for start up does not come through. We loose our small capital. Invested already. Gambling ? To me no. We take a calculated risk and assign the risk to limit the risk. There...
could not agree more with you !
sell strength in falling markets, and buy weakness in rising markets.
  • #502,397
  • Nov 5, 2019 1:12am Nov 5, 2019 1:12am
Quoting akim0895
{quote} yesterday already made some green pips buddy today coming soon.. waiting FF n London ️
Yesterday was great. Today promises to be better now that GU has played its hand.

Of course you are a guru in forex even though you will not admit. Your trading system is wonderful and guarantees steady income particularly in these days (years) of Brexit
  • #502,398
  • Nov 5, 2019 1:20am Nov 5, 2019 1:20am
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 34 KB
yes yes yes
  • #502,399
  • Nov 5, 2019 1:20am Nov 5, 2019 1:20am
Quoting navk
what I meant to say is... everything or most of it is uncertain Income. So as long as risk is mitigated, one can not call it gambling. I want to call trading is risky job but not gambling as long as you limit the risk.
Imagine each currency is a horse, you are betting on which horse will win....not so? So it's gambling. Your analogy around jobs/start-up business is flawed, if you are skilled you are more likely to find another job, the same cannot be said for replacing the money you've lost in the stock market.
Charts don't drive price, market conditions drive price...
  • #502,400
  • Nov 5, 2019 1:27am Nov 5, 2019 1:27am
Quoting Guztro
{quote} Imagine each currency is a horse, you are betting on which horse will win....not so? So it's gambling. Your analogy around jobs/start-up business is flawed, if you are skilled you are more likely to find another job, the same cannot be said for replacing the money you've lost in the stock market.
may be you are right.

Anyways, I am now gambling ( trading ). Let us talk when we are not gambling.

lol
Intraday only.
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