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Cable Update (GBPUSD)

  • #534,981
  • Jul 12, 2020 9:44am Jul 12, 2020 9:44am
Quoting elbert3
{quote} I have one I use to show charts from as my platform I can seam to be able to upload chats from . Is 2 months old now and I do try to mimic my real deals .starts with 100,000 dollars
you start with 100k for this contest? Am not clear
Intraday only.
  • #534,982
  • Jul 12, 2020 9:46am Jul 12, 2020 9:46am
Quoting WizardTrade
{quote} Yes, every trade will be triggered with an SL and TP right from the very beginning. No modification of SL and TP after that. It can work great in London and NY session.
hourly low or high forms in frakfurt or London sessions. High or low forms in NY session, yeah true.

Look at my 15 min chart. friday.

hourly Low formed in london session, hourly high formed in NY session
Intraday only.
  • #534,983
  • Jul 12, 2020 9:46am Jul 12, 2020 9:46am
Quoting navk
{quote} you start with 100k for this contest? Am not clear
Anyone can start with any amount on demo but with predefined SL and TP and with calculated lot to target for 20% per trade. Percentage will consider the base balance of the account which would be on day 1, subsequently the TPs and SLs will be defined on that. How's that?
WARNING: This post warps space and time in its vicinity.
  • #534,984
  • Jul 12, 2020 9:48am Jul 12, 2020 9:48am
Quoting WizardTrade
{quote} Anyone can start with any amount on demo but with predefined SL and TP and with calculated lot to target for 20% per trade. Percentage will consider the base balance of the account which would be on day 1, subsequently the TPs and SLs will be defined on that. How's that?
great. 20 pips stop, 20 pips TP.

No emotions.

Entries will be decided by individuals system.
Intraday only.
  • #534,985
  • Jul 12, 2020 9:49am Jul 12, 2020 9:49am
Quoting elbert3
{quote} I have one I use to show charts from as my platform I can seam to be able to upload chats from . Is 2 months old now and I do try to mimic my real deals .starts with 100,000 dollars
You can start with 100,000 dollars account SL and TP matters Keep it running for long run and then we can discuss here. The accounts should be there in TEs of everyone. What do you say?
WARNING: This post warps space and time in its vicinity.
  • #534,986
  • Jul 12, 2020 9:49am Jul 12, 2020 9:49am
Quoting navk
{quote} great. 20 pips stop, 20 pips TP. No emotions. Entries will be decided by individuals system.
Yes. Perfect. I am in. Will be uploading the TE shortly with IC Markets.
WARNING: This post warps space and time in its vicinity.
  • #534,987
  • Jul 12, 2020 9:51am Jul 12, 2020 9:51am
i am ready for demo contest.

TP and SL 20 PIPS.

Entries decided by individuals.

Will show the result at the week end.

I am starting with 5k from Monday demo.
Intraday only.
  • #534,988
  • Jul 12, 2020 9:55am Jul 12, 2020 9:55am
Quoting navk
i am ready for demo contest. TP and SL 20 PIPS. Entries decided by individuals. Will show the result at the week end. I am starting with 5k from Monday demo.
Isn't it better to start a journal ? or another thread for such contest?

I feel like this thread can be a mess sometimes, mixing the real trading with some other contest (mostly demo from what i can see) will make it even more of a mess

Just my opinion
COT: The precious data ignored
  • #534,989
  • Jul 12, 2020 9:56am Jul 12, 2020 9:56am
Quoting navk
i am ready for demo contest. TP and SL 20 PIPS. Entries decided by individuals. Will show the result at the week end. I am starting with 5k from Monday demo.
Ok good. Let it be weekends. I will be uploading the TE today (will keep it private and make it public every weekend for everyone to see), with first trade to be targeted

on Monday.

TW
WARNING: This post warps space and time in its vicinity.
  • #534,990
  • Jul 12, 2020 9:57am Jul 12, 2020 9:57am
Quoting kuroro001
{quote} Isn't it better to start a journal ? or another thread for such contest? I feel like this thread can be a mess sometimes, mixing the real trading with some other contest (mostly demo from what i can see) will make it even more of a mess Just my opinion
Kuroro is point blank on this one. I too presume that other people's and our's posts may get messed up here. Another thread can suffice it. Navk can start the thread as he floated the idea. We can join in
WARNING: This post warps space and time in its vicinity.
  • #534,991
  • Jul 12, 2020 9:58am Jul 12, 2020 9:58am
Quoting Bones
Hi Don I have given the longer term outlook ,be careful because you're looking at a low tf to judge it.D1 is a fast TF for forecasting far, nearly all the time. I gave parameters based on medium term tf ,on that TF it is not in a downtrend.In fact I read uptrend as stated. On medium term at that level its side as its been for a few years ,but periodically pushing lower. The daily right now is not clear, the daily bear failed so far ,but it is a major level . {quote}

i understand your clearly...then maybe a correction down before the major uptrend because i see drop at every HH and that doesnt look good for an healthy trend when such happen price try to drop fast as correction for momentum....we have all see this over years.


as we know covid is not over
MY OPINION NOT FINANCIAL ADVISE
  • #534,992
  • Jul 12, 2020 9:59am Jul 12, 2020 9:59am
my demo account is ready with 5k.

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Intraday only.
  • #534,993
  • Jul 12, 2020 10:00am Jul 12, 2020 10:00am
Quoting kuroro001
{quote} Isn't it better to start a journal ? or another thread for such contest? I feel like this thread can be a mess sometimes, mixing the real trading with some other contest (mostly demo from what i can see) will make it even more of a mess Just my opinion
i understand that.

yes.

Let us see if we can start a demo contest thread.
Intraday only.
  • #534,994
  • Jul 12, 2020 10:01am Jul 12, 2020 10:01am
Quoting navk
my demo account is ready with 5k. {image}
I am getting it ready in a moment. Will update you. Start another thread for the contest on GU
WARNING: This post warps space and time in its vicinity.
  • #534,995
  • Jul 12, 2020 10:07am Jul 12, 2020 10:07am
Quoting navk
my demo account is ready with 5k. {image}
I would suggest that you need a minimum sample of 20 trades to get any useful info - ie get an idea - then extend this into a larger sample to glean some 'meaningful' stats.
Trader with an Edge.
  • #534,996
  • Jul 12, 2020 10:07am Jul 12, 2020 10:07am
people are welcome to join in demo contest thread.

I shall continue to post my entries with TP, STOP set.

https://www.forexfactory.com/showthr...5#post13055115
Intraday only.
  • #534,997
  • Edited 10:19am Jul 12, 2020 10:08am | Edited 10:19am
Quoting Headland
{quote} I would suggest that you need a minimum sample of 20 trades to get any useful info - ie get an idea - then extend this into a larger sample to glean some 'meaningful' stats.
it is just a start.

Let us see how it goes.

The thread may die or pick up based on results.

And also, it will be a test for the tech. system you follow.
Intraday only.
  • #534,998
  • Jul 12, 2020 10:26am Jul 12, 2020 10:26am
Quoting navk
{quote} it is just a start. Let us see how it goes. The thread may die or pick up based on results. And also, it will be a test for the tech. system you follow.

...absolutely - and I'm not being a killjoy - it's a fun idea - but just be aware if the original purpose of the idea was to see whether you could do one trade a day from your 'confirmed entries' at high leverage until you got to an account size where you could go back to less aggressive leverage and still realise a decent actual $ return - then by starting the journal thread and turning into a competition - you have added another psychological dimension of competition that may have an effect on results - one way or the other. Anyways, Good Luck with it.
Trader with an Edge.
  • #534,999
  • Jul 12, 2020 10:42am Jul 12, 2020 10:42am
Yea, I'm using a 5 week timescale ,invalidation is below the range we're trapped in.So I feel primed on running direction if I see a bullish set up d1 thats the one that could go far is my point.Out of range.
Next week could be reversal for sure, also I wouldn't target below the range low at all because of the reading.The worst thing for the chart is respect the unconfirmed falling tl to the pip, which is what I said last time it came up and missed it.
Like I say I don't hold any position as Ive had a full on couple of weeks on something else.


Quoting donfriday
{quote} i understand your clearly...then maybe a correction down before the major uptrend because i see drop at every HH and that doesnt look good for an healthy trend when such happen price try to drop fast as correction for momentum....we have all see this over years. as we know covid is not over
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #535,000
  • Jul 12, 2020 10:45am Jul 12, 2020 10:45am
Ha!
Trying to stay consistent in one of my trading accounts
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