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Cable Update (GBPUSD)

  • #502,761
  • Nov 7, 2019 9:08am Nov 7, 2019 9:08am
Quoting STrading
{quote} It is very easy to show misleading results, you will be suprised by the amount of people that do or did it in this forum.
As I said, I am not boasting my self.

And I am not going to achieve anything here by proving my success.
Why I posted ?

It is possible in this business to be consistent provided you know the tricks of this game.

You seem to be no way near.

I will put a stop to this subject any way.
Intraday only.
  • #502,762
  • Nov 7, 2019 9:13am Nov 7, 2019 9:13am
My advice :

1) Limit to 1 pair and master it.

2) Read the pair what it does in Asia.

3) Read the pair what it does in 1 hour after Frankfurt open

4) Read the pair what it does in London open with respect to what it did asia and Frankfurt.

5) Read the pair what it does in NY on trending days or range days.

6) Read the pair what it does when London goes home

7 ) Read the pair what it does in last 4 hour candle.
Intraday only.
  • #502,763
  • Nov 7, 2019 9:13am Nov 7, 2019 9:13am
Quoting Coreg2004
{quote} knkie, I look at it from a different perspective. Imagine being a scalper/day trader and going to bed with dismal 13 pips/day ( Khalid's 180pips/14 days atm). How many times you, @navk, @theoak,@tv,@donfriday and many others here would ask themselves the question: WTF I'm doing in this business after all these years?... Of course, I don't see anything wrong being longer TF trader, whatever suits your needs and personality but boasting about 600 pips within 30 days or longer...
Khalid's 180pips/14 days atm
DIVIDED BY 10 TRADING DAYS = "18 PIPS PER DAY" How many full contracts purchase in each trade 0.01 0.50. 1.00. 5.00.
Only worthwhile if buying big numbers I know we all have to start somewhere, but to get to a point were we can make $500.00 per day, minimum is were we need to be IMHO,

I personally trade 0.50 x once or up to 10 times per trade and on a good day I can take home a lot more then what we are talking about here.

But this post folks is not advice to trade the big numbers, not until you are good enough to do it and not before. Experienced traders only should try the above.

As always trade wisely folks, it will all come together soon enough
  • #502,764
  • Nov 7, 2019 9:15am Nov 7, 2019 9:15am
Quoting Theoak
{quote} I have put stop losses up to 1.2840. No more scalping today ---- I'm giving this a good go!!!
You might need to adjust your stop loss to 1.2850 as that 1.2840 is just 50 pips retracement from today's low... I still see 1.2700 though. Discretion and caution please. Stay green mate.
Data + Stat + Risk/Emotions Management
  • #502,765
  • Edited 9:39am Nov 7, 2019 9:16am | Edited 9:39am
Quoting navk
My advice : 1) Limit to 1 pair and master it. 2) Read the pair what it does in Asia. 3) Read the pair what it does in 1 hour after Frankfurt. 4) Read the pair what it does in London with respect to what it did asia and Frankfurt. 5) Read the pair what it does in NY on trending days or range days. 6) Read the pair what it does when London goes home 7 ) Read the pair what it does in last 4 hour candle.

Try starting with the indices my friend, much better,
EDIT For beginners that is,
  • #502,766
  • Nov 7, 2019 9:17am Nov 7, 2019 9:17am
Quoting Dingoman-two
{quote} Try starting with the indices my friend, much better,
which indices you advise?

I can say I mastered to some extent GU and of late Gold.
Intraday only.
  • #502,767
  • Nov 7, 2019 9:17am Nov 7, 2019 9:17am
Any idea that GU can touch 1.2750 today.
  • #502,768
  • Nov 7, 2019 9:20am Nov 7, 2019 9:20am
Quoting moonrider
Any idea that GU can touch 1.2750 today.
There is a chance as today is Thursday and weekly range isn't complete yet. Stay green.
Data + Stat + Risk/Emotions Management
  • #502,769
  • Nov 7, 2019 9:21am Nov 7, 2019 9:21am
Quoting navk
{quote} As I said, I am not boasting my self. And I am not going to achieve anything here by proving my success. Why I posted ? It is possible in this business to be consistent provided you know the tricks of this game. You seem to be no way near. I will put a stop to this subject any way.
If you say you dont want to boast yourself and then boast yourself, you are boasting yourself, you are just probably confused and dont realize it.
I dont want to be a jerk but ...
  • #502,770
  • Nov 7, 2019 9:25am Nov 7, 2019 9:25am
Quoting STrading
{quote} If you say you dont want to boast yourself and then boast yourself, you are boasting yourself, you are just probably confused and dont realize it. I dont want to be a jerk but ......
ok. no comments.

Let me make money
Intraday only.
  • #502,771
  • Edited 9:37am Nov 7, 2019 9:26am | Edited 9:37am
Quoting STrading
{quote} If you say you dont want to boast yourself and then boast yourself, you are boasting yourself, you are just probably confused and dont realize it. I dont want to be a jerk but ......
and you know what.

Losers criticize others.

The one who lost on a particular day criticize other.

The one who lost opportunity to catch the move crticize others.

I am in this business since 2010.

Lots of my mates disappeared.
Intraday only.
  • #502,772
  • Nov 7, 2019 9:28am Nov 7, 2019 9:28am
I'd post my results but peoples jaws might hit the floor.

Anyway, I do it for the adrenaline rush. Cheaper than the white stuff! (j/k )
  • #502,773
  • Nov 7, 2019 9:28am Nov 7, 2019 9:28am
100 pips a day? idea inside and more free time and relaxed. ( stack it every fakn day )
...
usdx final push, reach over the limit
  • #502,774
  • Nov 7, 2019 9:30am Nov 7, 2019 9:30am
Quoting navk
{quote} and you know what. Losers criticize others.
Nope, they boast their selfs since nobody else does it.
  • #502,775
  • Nov 7, 2019 9:34am Nov 7, 2019 9:34am
Quoting Coreg2004
{quote} knkie, I look at it from a different perspective. Imagine being a scalper/day trader and going to bed with dismal 13 pips/day ( Khalid's 180pips/14 days atm). How many times you, @navk, @theoak,@tv,@donfriday and many others here would ask themselves the question: WTF I'm doing in this business after all these years?... Of course, I don't see anything wrong being longer TF trader, whatever suits your needs and personality but boasting about 600 pips within 30 days or longer will always bring a smile on scalpers/day traders face. Good luck...
yes i can see that side of the discussion too.
I think style is important.
I dont like it when price goes against me.

there was once a scalper on FF, mainly EurUsd, who was one of the best i had ever seen in my life.
So sharp, entries to the pip precise. Guy was clocking hundres of pips a day with 5-10 pip trades.
Traders handle was Engweijie. He sadly passed this year...(
I learned alot from him and he always said : "capital preservation is #1 priority"
That stuck with me and ever since i have moved to BE fast and dumped bad trades early.

i think of him regularly when im trading
in wondering about yourself, you forgot what you came here to be part of
  • #502,776
  • Nov 7, 2019 9:35am Nov 7, 2019 9:35am
Quoting navk
{quote} and you know what. Losers criticize others. The one who lost on a particular day criticize other. The one who lost opportunity to catch the move crticize others. I am in this business since 2010. Lots of my mates disappeared.
Keep doing what you're doing mate. It's actually encouragement to newbies to see that hard work can pay off. I enjoy seeing your analysis and results as it gives me more motivation to learn. But I have to ask one question... how many trades do you place a day? It looks like quite a lot?
  • #502,777
  • Nov 7, 2019 9:35am Nov 7, 2019 9:35am
Quoting STrading
{quote} Nope, they boast their selfs since nobody else does it.
if so, what is wrong ? I have stuff to boast.

lol

People who have nothing and losers , i MEAN LOOSERS ONLY THEY CRITICIZE OTHERS.

What if I boast ? Did it bother you ? why it bothered you ?
Intraday only.
  • #502,778
  • Nov 7, 2019 9:37am Nov 7, 2019 9:37am
short 1.2816
Don't trade what you think. Just what you see!!!
  • #502,779
  • Nov 7, 2019 9:37am Nov 7, 2019 9:37am
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yes yes yes
  • #502,780
  • Nov 7, 2019 9:38am Nov 7, 2019 9:38am
Quoting navk
{quote} which indices you advise? I can say I mastered to some extent GU and of late Gold.
It depends on your broker and what they offer, I did well with the ASX years ago, but found the forex to be a bigger challenge, and more rewarding as well.

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