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Cable Update (GBPUSD)

  • #539,061
  • Jul 29, 2020 6:46am Jul 29, 2020 6:46am
Quoting Moty
{quote} i have {image}
on BE!!!
  • #539,062
  • Edited 8:59am Jul 29, 2020 6:49am | Edited 8:59am
until first week august dont dare gu short ...if only for scalp 20-30 pips
MY OPINION NOT FINANCIAL ADVISE
  • #539,063
  • Jul 29, 2020 6:49am Jul 29, 2020 6:49am
Quoting msniper
GBPUSD must respect the pink circle and go down. and if it failed to respect then something is wrong {image}
The market mustn’t do anything if it goes up its your analysis that was wrong not the market.
  • #539,064
  • Jul 29, 2020 6:51am Jul 29, 2020 6:51am
Quoting gatenio
{quote} on BE!!!
after bad days, you need to focus on how NOT TO LOSE and then the PROFIT WILL COME!
  • #539,065
  • Jul 29, 2020 6:54am Jul 29, 2020 6:54am
Quoting gatenio
{quote} after bad days, you need to focus on how NOT TO LOSE and then the PROFIT WILL COME!
i will trail my sl at last hourly high
yes yes yes
  • #539,066
  • Jul 29, 2020 6:55am Jul 29, 2020 6:55am
Quoting Neil0163
{quote} The market mustn’t do anything if it goes up its your analysis that was wrong not the market.
150 to 200 pips rejection from the circle i drew in my chart is enough to say my analysis is correct even if it continue flying later

if the price reach the circle i drew and at the same time DXY in the area of 91.60 to 92.60 i will short GU for sure
  • #539,067
  • Jul 29, 2020 6:56am Jul 29, 2020 6:56am
Quoting Moty
{quote} i will trail my sl at last hourly high
you in the money now, if you will be underwater im going to click ignore button
  • #539,068
  • Jul 29, 2020 6:59am Jul 29, 2020 6:59am
Quoting donfriday
until next august dont dare gu short ...if only for scalp 20-30 pips
Care to elaborate on this? That's a pretty wild statement.
  • #539,069
  • Jul 29, 2020 7:01am Jul 29, 2020 7:01am
Price trading sideways in supply.
supply being consumed by demand.
NY been buying all week
put pieces together we shall see later
  • #539,070
  • Jul 29, 2020 7:09am Jul 29, 2020 7:09am
ok what happens if you go further than 10% ,also I was wondering do you have to take out all profit every month.i.e could you leave an extra buffer at your own discretion.
Quoting Neil0163
{quote} Yup
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #539,071
  • Jul 29, 2020 7:13am Jul 29, 2020 7:13am
this candle confirms the other candle, how it overcomes such over brought conditions I don't know ,it can be side like before ,or maybe it just stays bullish grinding up.
Or maybe some crazy wild move.
Like that ,surely we can expect continuation on that tf ,later
Funny enough what it's doing now was my view from the start of the year without that spike below support.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 01 GBPUSD-Monthly.png Size: 56 KB
Click to Enlarge Name: Screenshot 2020-07-29 at 13.04.53.png Size: 253 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #539,072
  • Jul 29, 2020 7:14am Jul 29, 2020 7:14am
Quoting Bones
ok what happens if you go further than 10% ,also I was wondering do you have to take out all profit every month.i.e could you leave an extra buffer at your own discretion. {quote}
If you go past the 10 percent the account is closed and you have to redo the challenge again for another account, you can withdraw as little or as much as you like. Your right though if you don’t withdraw any of it you can then use your profit as a buffer towards the max loss of the account eg if you make 10 percent in a month the account loss size will give you 20 percent rather than 10. The only thing that renews is the daily drawdown. Which stays at 5 percent each day (unless of course you make profit that day again this can be used as a buffer for the day but resets each day)

they also increase your account 25 percent every 4 months if your profitable at end of each month.
  • #539,073
  • Jul 29, 2020 7:19am Jul 29, 2020 7:19am
Quoting 402error
{quote} Care to elaborate on this? That's a pretty wild statement.


its a simple statement for traders that know what the trend is saying..
MY OPINION NOT FINANCIAL ADVISE
  • #539,074
  • Jul 29, 2020 7:26am Jul 29, 2020 7:26am
It takes a lot of expertise and experience to chart like @bones.

KP

Quoting Bones
....{image} {image}
Do your homework, follow the footprints of smart money
  • #539,075
  • Jul 29, 2020 7:36am Jul 29, 2020 7:36am
interesting.

what the PA wants to do here ?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 22 KB
Intraday only.
  • #539,076
  • Jul 29, 2020 7:39am Jul 29, 2020 7:39am
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...
This is exactly why I’m hardly ever active on here anymore, and stay in our personal chat rooms. So much easier.
  • #539,077
  • Jul 29, 2020 7:39am Jul 29, 2020 7:39am
it's time to go down .
shorts squeeze has a gone too far
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 19 KB
yes yes yes
  • #539,078
  • Jul 29, 2020 7:40am Jul 29, 2020 7:40am
Quoting donfriday
until next august dont dare gu short ...if only for scalp 20-30 pips
  • #539,079
  • Jul 29, 2020 7:45am Jul 29, 2020 7:45am
Quoting joesherwood
{quote} This is exactly why I’m hardly ever active on here anymore, and stay in our personal chat rooms. So much easier.
I have learnt my lesson Joe and in a hard way.
Data + Stat + Risk/Emotions Management
  • #539,080
  • Jul 29, 2020 7:52am Jul 29, 2020 7:52am
Quoting nessus94
short 1.2961
more at 1.2976 and 1.2983
Make money by doing the opposite of Giveachance aka loser
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