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Cable Update (GBPUSD)

  • #551,141
  • Oct 3, 2020 9:40am Oct 3, 2020 9:40am
Quoting Almo2312
{quote} You dont need 10% daily ..half of that with compounding its enough buddy
it was my last, busted after 2 weeks.
now it 5% im 7078$ from 1k. 15 trading days (3weeks) im a scalper, when and if i will make it to 100k it will more difficult i guess.
i will publish my excel on monday
  • #551,142
  • Edited Oct 4, 2020 2:32am Oct 3, 2020 9:47am | Edited Oct 4, 2020 2:32am
Hi guys! GBPUSD is on an uptrend and could so reach next fibo levels or change direction and do a bear run.
GBPUSD October in the Spotlight
Risk Management is of utmost importance!
  • #551,143
  • Oct 3, 2020 9:54am Oct 3, 2020 9:54am
Quoting Almo2312
in forex world anything is possible ! this account grow from 500 usd and firstly it was just for fun purpose, from here to there it grow to above 100k! this is my high record so far by % never back down friends ,believe in yourself someday your dreams will come Cheers!{image}{image} {image} {image}
Good job

how much you risk per trade ?
i see you target 50 pips to 100 pips usually

You should share your strategy and help us getting better
Make money by doing the opposite of Giveachance aka loser
  • #551,144
  • Oct 3, 2020 10:04am Oct 3, 2020 10:04am
Quoting VM.
{quote} It's tempting to think that bad political news in the US is bad for dollar, but actually it is the other way around. They trigger flight to safety, so stocks fall, and dollar gain. You don't have to take my word for it, look at how market reacted on Friday during Asia session, when news of Trump positive test first emerged. Gutted that I closed my Dow short late on Friday.
I agree look at the reaction ,like cable gbp is undervalued with regard to Brexit by observation.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #551,145
  • Oct 3, 2020 10:29am Oct 3, 2020 10:29am
Quoting OnlineAddict
{quote} I am surprised you didn't want to withdraw a part of it at any point and actually went for $100k and above, congrats!
Just noticed your trade explorer. From 1 dollar. Well done OnlineAddict. Impressive stuff
Cheers.
Trade to trade another day
  • #551,146
  • Oct 3, 2020 10:31am Oct 3, 2020 10:31am
Quoting Wavegarrick
{quote} Just noticed your trade explorer. From 1 dollar. Well done OnlineAddict. Impressive stuff Cheers.
Its mostly just luck at such high risk level...
Everyone can see the chart, but only a few can actually read it.
  • #551,147
  • Edited Oct 4, 2020 4:32am Oct 3, 2020 12:44pm | Edited Oct 4, 2020 4:32am
weekly is consolidating it's loss ,like look left for examples ,if it goes up it will fail near term ,runners are short.
no idea how long the consolidation will last
to change my mind the consolidation must survive a extended period first, say this month
then break up.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 112 GBPUSD-Weekly.png Size: 19 KB
Click to Enlarge Name: photo-1590319909173-05955b117587.jpg Size: 182 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #551,148
  • Oct 3, 2020 3:18pm Oct 3, 2020 3:18pm
Boris Johnson and Ursula von der Leyen agree to ‘intensified’ trade talks.

https://amp.ft.com/content/a192d572-...f-fcdc122c955b
Everyone can see the chart, but only a few can actually read it.
  • #551,149
  • Oct 3, 2020 3:31pm Oct 3, 2020 3:31pm
Small gap up, about 20 pips, we will see if it stays there until the open.

https://www.ig.com/en/indices/market...ekend%20GBPUSD
Everyone can see the chart, but only a few can actually read it.
  • #551,150
  • Oct 3, 2020 3:48pm Oct 3, 2020 3:48pm
Quoting OnlineAddict
Small gap up, about 20 pips, we will see if it stays there until the open. https://www.ig.com/en/indices/market...ekend%20GBPUSD
What surprised me wasnt the bigger increase in trading on the weekend pair as the news has the potential to take weekly pair up 50-100 pips
Insane in the Brain..
  • #551,151
  • Oct 3, 2020 4:52pm Oct 3, 2020 4:52pm
Quoting Bones
weekly is consolidating it's loss ,like look left for examples ,if it goes up it will fail near term ,runners are short. no idea how long the consolidation will last to change my mind the consolidation must survive a extended period first, say this month then break up. The only other thing is a huge fundamental story thats believable. {image}


1.18 soon
MY OPINION NOT FINANCIAL ADVISE
  • #551,152
  • Oct 4, 2020 12:37am Oct 4, 2020 12:37am
Quoting Moty
{quote} I'm from Israel . I do not like my country or the people who live in it. Wherever you see an Israeli, look behind him, you will always find another Israeli trying to put a knife in his back. Even my crime minister is closing in on the state even though all the experts tell him not to. I have never spoken to anyone here in the forum in an unkind, teasing or outrageous way. But there are some here, who are just waiting for me to upload a post and they attack straight away. I tell them, go look for someone to stick you in the as* and you can...
Not a fair way to comment on your own country and your countrymen like this. Accept it or not... your country has a great share in your success and who you are today, through the education system and the other resources provided to you.. which you enjoyed it till now. I have great respect for your country, which has stood strong for decades, even though rounded up and attacked by their neighbors all the time.

Analytical capacity is a great tool to have in the arsenal of a trader... gratitude could be another.
  • #551,153
  • Edited 5:08am Oct 4, 2020 2:48am | Edited 5:08am
Quoting OnlineAddict
Small gap up, about 20 pips, we will see if it stays there until the open. https://www.ig.com/en/indices/market...ekend%20GBPUSD
For the past 2 weeks, there was a gap of 20+ pips. I doubt that it will repeat itself tomorrow.

GBPUSD October in the Spotlight
Risk Management is of utmost importance!
  • #551,154
  • Oct 4, 2020 2:51am Oct 4, 2020 2:51am
Quoting RCtrader
{quote} For the past 2 weeks, there was a gap of 20+ pips. I doubt that will repeat itself tomorrow. GBPUSD October in the Spotlight
I only had last week with a 20 pip gap up...the one before with a small gap down, on all my brokers.
Everyone can see the chart, but only a few can actually read it.
  • #551,155
  • Oct 4, 2020 2:57am Oct 4, 2020 2:57am
Quoting Coreg2004
{quote} Weak people revenge, strong people forgive, intelligent people, ignore...A. Einstein
its good quote. i think about that. IMO
  • #551,156
  • Oct 4, 2020 3:02am Oct 4, 2020 3:02am
Quoting Almo2312
{quote} At the beginning till about 10/15k money management was horrible cause i took high risk to reward high gains. After that MM was some as C/1000 till now
I wish I could be like you. Either this month or next month I will experiment as you try from $ 100 to $ 500 first and $ 500 to $ 1000 and so on. But I'm still trying to find a job that can cover my living expenses when I don't withdraw my money hahaha.

I hope I can do it like you.
  • #551,157
  • Edited 5:05am Oct 4, 2020 4:51am | Edited 5:05am
Quoting genghistar
{quote} Brilliant analysis but like a diamond it sparkle only shine when you can also pinpoint where to buy and where to exit and also where to put your emergency stop. Be like a diamond and shine away. Btw 99.9% of all those FF trading systems here are all brilliant stuff but they all just fail to shine. It's a pity indeed. Cheers and shining green pips to all.

Possibly brilliant ,

however its taken many years to understand the markets structure and still learning, im not here to spoon feed people, but i do not mind helping , the biggest clue in the markets are the dips , ie 12345 or 123 then a dip, the dip is the link to the next wave.

Currently on the 4H we have 12345 up then a dip (which was the correction) linking to the next wave up, looking at the daily the whole wave is currently corrective , buy when the dip starts to rise which is now and place your stop below the low of the dip @ 2837 target is 3050 or exit if the 4H dips again , be carefull around the 3009 high and possible take profit there
Follow The Markets Structure - Patience and Discipline
  • #551,158
  • Oct 4, 2020 5:52am Oct 4, 2020 5:52am
Quoting vinforex7
{quote} not a fair way to comment on your own country and your countrymen like this. Accept it or not... Your country has a great share in your success and who you are today, through the education system and the other resources provided to you.. Which you enjoyed it till now. I have great respect for your country, which has stood strong for decades, even though rounded up and attacked by their neighbors all the time. Analytical capacity is a great tool to have in the arsenal of a trader... Gratitude could be another.
fuck my country. And fuck all the peoples in iT , including the crime minister that put me in a cage instead him being in it
yes yes yes
  • #551,159
  • Oct 4, 2020 6:01am Oct 4, 2020 6:01am
Quoting Moty
{quote} fuck my country. And fuck all the peoples in iT , including the crime minister that put me in a cage instead him being in it
Which country are you from?

GBPUSD October in the Spotlight
Risk Management is of utmost importance!
  • #551,160
  • Oct 4, 2020 6:27am Oct 4, 2020 6:27am
Quoting Moty
{quote} fuck my country. And fuck all the peoples in iT , including the crime minister that put me in a cage instead him being in it
Thankless people are all over the world...
so Im not surprised!!!

TC
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