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Cable Update (GBPUSD)

  • #502,801
  • Nov 7, 2019 10:12am Nov 7, 2019 10:12am
Quoting Dingoman-two
{quote} Take a look at this post, not bad for a scalper/day trader https://www.forexfactory.com/showthr...1#post12605001
That was a great achievement.
Intraday only.
  • #502,802
  • Nov 7, 2019 10:14am Nov 7, 2019 10:14am
Quoting Marco-Kanto
{quote} Had a bad day hun?
No and you?
Let me guess you had a great day and made a fortune and know you are going to tell all of us about it.
  • #502,803
  • Nov 7, 2019 10:15am Nov 7, 2019 10:15am
Quoting Dingoman-two
{quote} It can be easily achieved folks but it will only come with experience, so trade wisely please.
Last 4hr... indices pull back I guess, profit booking.
Intraday only.
  • #502,804
  • Nov 7, 2019 10:19am Nov 7, 2019 10:19am
Quoting knkie
pending sell 2809
maybe we see 1.2840-50 first?
  • #502,805
  • Nov 7, 2019 10:19am Nov 7, 2019 10:19am
Quoting knkie
{quote} 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....
knkie, in my previous life, before I became a recreational trader I was sitting next to the type of traders you mentioned in your post when they traded and I had seen artists too...such traders exist.
Always trade your own plan...I don't provide trading signals.
  • #502,806
  • Nov 7, 2019 10:20am Nov 7, 2019 10:20am
Quoting navk
{quote} come on... you are experienced trader. Day trader, scalper makes more money, not pips. Long term trader makes more pips, not more money. Day traders, scalpers need high level skills, and to be successful, lots of practice is needed. I am not boasting my self, but to me, never a loss day. And I make 4 to 10 % easily every day. I am simple day trader.
My 2 cents as well ....... i had red days as well but by winners are thrice than that.... my golden nugget try to get 3pips - 5 times with 5 lots each a day.... if u brave enough u dont even sl for those trades... on my main account i have been doing this for last 6 months consistently without a red day.....

Which broker navk?
Oanda?
Extreme gut feeling trader
  • #502,807
  • Nov 7, 2019 10:20am Nov 7, 2019 10:20am
Quoting Moty
{quote} dx reached his daily high {image}
Possible if breaks down limits now 97.88 and 97.83 both, anyway why not fight for 98 daily close? So test, retest all ok today and in that fight even other levels easy reach too. Anyway in just small tf tl 97.94 or little down may bounce next.

Anyway i do not have to add any, just waiting my target next, play some more up and down ok too.
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #502,808
  • Nov 7, 2019 10:24am Nov 7, 2019 10:24am
Quoting thevisitor
{quote} maybe we see 1.2840-50 first?
yes could be
possible long entry if 2829 breaks

i have a pending on both sides now lol
short has my favour because of the pressure ....
in wondering about yourself, you forgot what you came here to be part of
  • #502,809
  • Nov 7, 2019 10:24am Nov 7, 2019 10:24am
Quoting Dingoman-two
{quote} 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...
100% correct Dingoman-two, I can easily take $40k out of the market in 4/5 days if I want to, but I switched to swing trading as it suits my lifestyle. I started small and grew my account over two years before I went big. Problem with most traders is, they are not prepared to put in the screen time...looking for an easy system with green and red lights telling them when to buy and sell. Guys are surprised when I tell them I trade 10% of the month, the rest of the time I'm reading...why? What's playing out in the charts is a manifestation of what actually happened in the real world. My edge has always been being ahead of the market.
Charts don't drive price, market conditions drive price...
  • #502,810
  • Nov 7, 2019 10:25am Nov 7, 2019 10:25am
Quoting Coreg2004
{quote} knkie, in my previous life, before I became a recreational trader I was sitting next to the type of traders you mentioned in your post when they traded and I had seen artists too...such traders exist.
yes it was like art the way he traded.
well said...
in wondering about yourself, you forgot what you came here to be part of
  • #502,811
  • Nov 7, 2019 10:29am Nov 7, 2019 10:29am
Quoting knkie
{quote} yes could be possible long entry if 2829 breaks i have a pending on both sides now lol short has my favour because of the pressure ....
will short this at 1.2850
  • #502,812
  • Nov 7, 2019 10:35am Nov 7, 2019 10:35am
Quoting thevisitor
{quote} will short this at 1.2850
hmm
i have lots of R's @ 2842
in wondering about yourself, you forgot what you came here to be part of
  • #502,813
  • Nov 7, 2019 10:36am Nov 7, 2019 10:36am
Quoting navk
{quote} come on... you are experienced trader. Day trader, scalper makes more money, not pips. Long term trader makes more pips, not more money. Day traders, scalpers need high level skills, and to be successful, lots of practice is needed. I am not boasting my self, but to me, never a loss day. And I make 4 to 10 % easily every day. I am simple day trader.

scalpers make more money and long term trader make more pips? where did u get this logic ?

scalpers make less money and lose it more back

long term trader with fat account open 1 or 3 trades a month and make thousands
MY OPINION NOT FINANCIAL ADVISE
  • #502,814
  • Nov 7, 2019 10:39am Nov 7, 2019 10:39am
Quoting knkie
{quote} hmm i have lots of R's @ 2842
yes, 1.2850 will be hard
with 1.2840 i have no problem too
  • #502,815
  • Nov 7, 2019 10:41am Nov 7, 2019 10:41am
Quoting donfriday
{quote} scalpers make more money and long term trader make more pips? where did u get this logic ? scalpers make less money and lose it more back long term trader with fat account open 1 or 3 trades a month and make thousand.
generally yes, scalpers loose.

With practice and skill they can make more.

Every trader start with scalping, then it does not suit their style, they change it to long term.
Intraday only.
  • #502,816
  • Nov 7, 2019 10:41am Nov 7, 2019 10:41am
Quoting knkie
{quote} yes it was like art the way he traded. well said...
I admired Engweijie too when we were together in this thread (EUR/USD Only)
Always trade your own plan...I don't provide trading signals.
  • #502,817
  • Nov 7, 2019 10:43am Nov 7, 2019 10:43am
Quoting thevisitor
{quote} yes, 1.2850 will be hard with 1.2840 i have no problem too
agreed TV !
im just not sure it will make it up there

Sell order moved sharper to 2812
in wondering about yourself, you forgot what you came here to be part of
  • #502,818
  • Nov 7, 2019 10:58am Nov 7, 2019 10:58am
Quoting STrading
{quote} No and you? Let me guess you had a great day and made a fortune and know you are going to tell all of us about it.
Sit yourself down, have a nice cup of tea and forget about it. Tomorrow's another day.
Focus.
  • #502,819
  • Nov 7, 2019 10:58am Nov 7, 2019 10:58am
Quoting Coreg2004
{quote} I admired Engweijie too when we were together in this thread (EUR/USD Only)
yeah that was the thread, EurUsdOnly.
I remember you there too..

for a time that was one helluva thread; some of the best traders ever were on there.
I really learned alot there
Somehow everyone drifted to other threads.

some are on this thread now:
https://www.forexfactory.com/showthr...18070&page=581
\im sure you will recognize the handles
in wondering about yourself, you forgot what you came here to be part of
  • #502,820
  • Nov 7, 2019 11:02am Nov 7, 2019 11:02am
Very much true mate. The important thing is that a trader identifies the best style that suits him or her early.

Trade safe.

KP

Quoting navk
{quote}...Every trader start with scalping, then it does not suit their style, they change it to long term.
Do your homework, follow the footprints of smart money
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