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Cable Update (GBPUSD)

  • #539,041
  • Jul 29, 2020 5:40am Jul 29, 2020 5:40am
... finishing here till fomc...G/L all.
Trader with an Edge.
  • #539,042
  • Jul 29, 2020 5:40am Jul 29, 2020 5:40am
Quoting Roszey
Please don't try this at home . {image}
with 10 lots support.. it worth the shoot.
gl with that.
  • #539,043
  • Jul 29, 2020 5:43am Jul 29, 2020 5:43am
Quoting Georginson
I wonder the level of hypocrisy on this beautiful thread. Now some make drawdown look Like a fatal sin as if they have never blown accounts up in the past or never had draw down. So much respect to Navk, Moty, Headland, Elbert, Alex, Marcieny, Student 21, Keen pips, Theoak, gespiri and many others that show great level of honesty even if I had at some point disagreed with some of their views but will not stop respecting them and so many other fantastic traders I didn't include here. Constructive criticism is everly welcome to make us better destructive...
50% DD on a single thread is not making you a trader, it makes you a gambler

Big diff
Make money by doing the opposite of Giveachance aka loser
  • #539,044
  • Jul 29, 2020 5:43am Jul 29, 2020 5:43am
Quoting Roszey
Please don't try this at home . {image}
Guess what? I had to drive to the park to try it
  • #539,045
  • Jul 29, 2020 5:44am Jul 29, 2020 5:44am
Quoting JayBag
{quote} Guess what? I had to drive to the park to try it
LMAO
WARNING: This post warps space and time in its vicinity.
  • #539,046
  • Jul 29, 2020 5:44am Jul 29, 2020 5:44am
Quoting morfes2
{quote} https://youtu.be/Mfv3k-3jQio
Inserted Video
  • #539,047
  • Edited 6:01am Jul 29, 2020 5:46am | Edited 6:01am
Quoting Roszey
Please don't try this at home . {image}
I got the similar chart with you
enter at Asia session
Attached Image (click to enlarge)
Click to Enlarge Name: 66BBD3E8-A32B-40A7-AB7D-0D7FFA77AAD5.jpeg Size: 267 KB
PA Return Today: 0.3%
  • #539,048
  • Jul 29, 2020 5:47am Jul 29, 2020 5:47am
sounds like the rules of your funded account ? What happens if you go past 10% do they take it away ?

Quoting Neil0163
{quote} me personally no, For me daily drawdown has to be less than 5 percent. with a total of 10 percent before im re-evaluating but of course thats for me and how i trade
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #539,049
  • Jul 29, 2020 5:54am Jul 29, 2020 5:54am
traders are looking for sell.. watch 2983 and 2995

potential drop zone.

and cheap one short term
  • #539,050
  • Jul 29, 2020 5:58am Jul 29, 2020 5:58am
Quoting Bones
sounds like the rules of your funded account ? What happens if you go past 10% do they take it away ? {quote}
yes, its a rip off their fund
you can't trade during news, you can't hold during news, you can't hold on week ends, you need low DD, high Reward
Make money by doing the opposite of Giveachance aka loser
  • #539,051
  • Jul 29, 2020 6:00am Jul 29, 2020 6:00am
You can't hold during the news ? I thought it was 5 min before then 5 after
Quoting nessus94
{quote} yes, its a rip off their fund you can't trade during news, you can't hold during news, you can't hold on week ends, you need low DD, high Reward
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #539,052
  • Jul 29, 2020 6:13am Jul 29, 2020 6:13am
i must take this short , sl at daily high , max loss 13 $ against 55 $ profit
looks like dx found support at 93.410
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: dx1.png Size: 25 KB
yes yes yes
  • #539,053
  • Jul 29, 2020 6:15am Jul 29, 2020 6:15am
some people never learn, some i mean 90%
  • #539,054
  • Jul 29, 2020 6:38am Jul 29, 2020 6:38am
Quoting Moty
i must take this short , sl at daily high , max loss 13 $ against 55 $ profit looks like dx found support at 93.410 {image} {image}
just put protective sl fast as you can... still against the trend
  • #539,055
  • Jul 29, 2020 6:38am Jul 29, 2020 6:38am
GBPUSD must respect the pink circle and go down. and if it failed to respect then something is wrong
Attached Image (click to enlarge)
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  • #539,056
  • Jul 29, 2020 6:41am Jul 29, 2020 6:41am
in lower TF ,s GBPUSD is looking it has moved alot upward so correction is possible , while in higher TF,s it is looking like it just started bull trend let see
  • #539,057
  • Jul 29, 2020 6:42am Jul 29, 2020 6:42am
Quoting nessus94
{quote} yes, its a rip off their fund you can't trade during news, you can't hold during news, you can't hold on week ends, you need low DD, high Reward
I have to disagree news is volatile so if your entering trades during news your taking a risk, if your in a trade you can hold it during news just not open up any more trades 2 mins before and 2 mins after. Again risk management I wouldn’t hold trades over the weekend due to potential events that can cause gaps such as catastrophic events which are rare but they still do happen. Low drawdown isn’t a bad thing it shows good risk management.

That dosent make the company a rip off.

but that’s just my view
  • #539,058
  • Jul 29, 2020 6:43am Jul 29, 2020 6:43am
Quoting Bones
sounds like the rules of your funded account ? What happens if you go past 10% do they take it away ? {quote}
Yup
  • #539,059
  • Jul 29, 2020 6:46am Jul 29, 2020 6:46am
Quoting gatenio
{quote} just put protective sl fast as you can... still against the trend
i have
Attached Image (click to enlarge)
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yes yes yes
  • #539,060
  • Jul 29, 2020 6:46am Jul 29, 2020 6:46am
Quoting msniper
GBPUSD must respect the pink circle and go down. and if it failed to respect then something is wrong {image}

nice chart ....clean ....price will force that tl into 1.32 probably but that 1.30 zone of s good shorting point and i am looking at gj at 140 ..maybe
MY OPINION NOT FINANCIAL ADVISE
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