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Cable Update (GBPUSD)

  • #555,382
  • Oct 28, 2020 11:44am Oct 28, 2020 11:44am
Quoting Wavegarrick
{quote} Hi Guys, My trail stops were taken out yesterday. No sweat. Well, the big down move was not written in the script One thing that has interested me since the beginning of October was the channel that had formed (Brown Lines) and price bounced exactly there today, having said, if we have a price break, through the bottom channel line at 1.29131 ish and more so a new weekly low below last higher low at weeks low at 1.28889 ish, I guess it could bring more bears in the picture. I did add buys at the bottom of the channel and locked...
Hi Leon,
Very good analysis. As always!
  • #555,383
  • Oct 28, 2020 11:44am Oct 28, 2020 11:44am
Quoting HBN08
{quote} was for scalp altho usdix is strong ( and opened with a gap in asia) so im espextins some retrace nest days but we never know for sure..(and im trading aud/usd) been off gbp... my 4H {image}
JPYX Daily.

Risk Appetite ? could be.
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  • #555,384
  • Oct 28, 2020 11:48am Oct 28, 2020 11:48am
Quoting Coreg2004
{quote} BeeTogether, what significant about 1.2872? I can't fit this level to my strategy, help me, please...My PRZ is 1.2899-90
Using signals from IG
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Insane in the Brain..
  • #555,385
  • Oct 28, 2020 11:52am Oct 28, 2020 11:52am
Quoting meugampong
{quote} JPYX Daily. Risk Appetite ? could be. {image}
sorry probably to newbie to fully answer you but if u mean correlation with usdix , at this point i have no clear idea where long term will be for usdix i just think we need to pass elections for that..but i smell upside based on trump and his stock market..dispite he win or lose..plus some gaps in 94.300 and up more..
  • #555,386
  • Oct 28, 2020 11:54am Oct 28, 2020 11:54am
There Go the 1/4's: (75),
"Down Periscope," Pls...
_ Now let's work on the Neckline, and the
_ 50-61.% -(Bwa-Bye 38.2!)
_ Create a Wave-5, or Wave-C of "C" on the 1hr Chart's for us,
out of this one & we'll be "Happy".

Again, 'Sorry... Having Fun w/this one today, -(Finally) !
I will work to Objectively Identify my Edges
  • #555,387
  • Oct 28, 2020 11:55am Oct 28, 2020 11:55am
Quoting gatenio
{quote} i believe bears will correct all this.. day take out the gigantic bullish day candle from last week, this is not a joke. thats why i closed my long and now i cry lol.
i switched to short , eg is again on support zone
yes yes yes
  • #555,388
  • Oct 28, 2020 11:58am Oct 28, 2020 11:58am
Quoting HBN08
{quote} sorry probably to newbie to fully answer you but if u mean correlation with usdix , at this point i have no clear idea where long term will be for usdix i just think we need to pass elections for that..but i smell upside based on trump and his stock market..dispite he win or lose..plus some gaps in 94.300 and up more..
so do I... i'm newbie too.. cent account.. but i learn a lot from this man..
Reffer Here

https://www.forexfactory.com/thread/...1#post13234511
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  • #555,389
  • Oct 28, 2020 12:02pm Oct 28, 2020 12:02pm
Quoting ZTrader123
{quote} My friend don’t be so quick to assume a cent account can make no money... if you do your research you will be mind blown at the returns you can make from using it the right way

Disrespecting cents, might lead to a poor living. And most do so, because they jump over the cent part and then? We know what happens...

Dreaming big, by not thinking the details carefully over? Leads to just 4 traders making money out of every 10,000 traders...

In our online business, the average annual subscription transaction is $37 bucks. We take the domain name out of it and it is less than $27 now. We take the billing fee out? Maybe $25 remain? Surely it is less than $25 bucks. Whatever. Now divide $25 by 365? We get to 6.8 cents a day! This what remains to cover all salaries, data centres, bills, ext. Our family lives on that gross below 7 cents a day income (before the monthly expenses)...

Trading cents will result in what we already have achieved from 6.8 gross cents a day...
Maadik Hugiis. IQ 69.
  • #555,390
  • Oct 28, 2020 12:14pm Oct 28, 2020 12:14pm
Quoting MoneyZilla
{quote} Disrespecting cents, might lead to a poor living. And most do so, because they jump over the cent part and then? We know what happens... Dreaming big, by not thinking the details carefully over? Leads to just 4 traders making money out of every 10,000 traders... In our online business, the average annual subscription transaction is $37 bucks. We take the domain name out of it and it is less than $27 now. We take the billing fee out? Maybe $25 remain? Surely it is less than $25 bucks. Whatever. Now divide $25 by 365? We get to 6.8 cents a...
You lost me at Disrespecting
  • #555,391
  • Edited 12:44pm Oct 28, 2020 12:29pm | Edited 12:44pm
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yes yes yes
  • #555,392
  • Oct 28, 2020 12:38pm Oct 28, 2020 12:38pm
Hello everyone, i want to hear your opinions on something that happened to me today....
today i made 80% growth on my account, whether you believe me or not doesnt matter, what matters is i want to hear your guys opinions on if thats gambling or legit trading, i feel like i did everything i normally would have on a trading day i just said for science im gonna risk like 20% of my equity on a few trades. Gambling or not? i cant decide, does it matter? who knows, so many tricky things to think about in the probabilities of trading.
  • #555,393
  • Oct 28, 2020 12:40pm Oct 28, 2020 12:40pm
Quoting MoneyZilla
Hidden
MoneyZilla...
Please dont' waste your time on proving things to others. I dont' know about you or many others here....

BUT...
I clearly know with proof... that... someone active here recently, is a scammer!!!!!!!!!!!!!
He SAID... he lives in Swiss, and then later on HAD to say.. he is in Singapore... even which he cannot confirm...

Please Beware guys.... a scammer is on the prowl!!!!

And he is looking for 1000$ Deposit!!!!
  • #555,394
  • Oct 28, 2020 12:40pm Oct 28, 2020 12:40pm
Quoting ZTrader123
Hello everyone, i want to hear your opinions on something that happened to me today.... today i made 80% growth on my account, whether you believe me or not doesnt matter, what matters is i want to hear your guys opinions on if thats gambling or legit trading, i feel like i did everything i normally would have on a trading day i just said for science im gonna risk like 20% of my equity on a few trades. Gambling or not? i cant decide, does it matter? who knows, so many tricky things to think about in the probabilities of trading.
U should only decide by yor self bro, its your bussines/company
Great job
  • #555,395
  • Oct 28, 2020 12:44pm Oct 28, 2020 12:44pm
Quoting HBN08
{quote} U should only decide by yor self bro, its your bussines/company Great job
Thanks my friend, its just interesting to see what happens when you go against the traditional "risk 1% gain 3%" or "have a 1:3 RRR" mentality in trading, these are the things i love about trading, the unknown of what happens when you go off the "normal" path, maybe thats where the true gold is in trading
  • #555,396
  • Oct 28, 2020 12:44pm Oct 28, 2020 12:44pm
Quoting shahab8b
{quote} Hi Leon, Very good analysis. As always!
Hi Shahab, Thanks so much. I must say, I feel that I am losing the plot of late, and with a bit of self-reflection, I realize that my bullish bias has overtaken my system approach so much so that I am breaking my own rules, Time to sit back. strategize and get back to my old ways. Your calm pinpoint approach is truly helpful in comparing with my system and indeed great to be in the midst of one of the best traders I have come across.
Thanks again
Cheers
Leon
Trade to trade another day
  • #555,397
  • Oct 28, 2020 12:45pm Oct 28, 2020 12:45pm
Quoting MoneyZilla
{quote} You do care! ...and your pal barnie, too! You claim i am a chauffeur, like you know a shit about me? Clowns!
Shame on you, man... DD You got anything, that there 99.9% are dreaming for. And act like babygirl. When I will got everything I like, I dont give a *hit about other peoples thoughts. my IQ is 76, fine, no probl. I am a chauffer... fine too. Sorry, my english is third language and I am drunk.
  • #555,398
  • Oct 28, 2020 12:46pm Oct 28, 2020 12:46pm
basically a full send trade this one, after yesterday red day i doubled my lot and ran a terrible RR (somethings i dont reccomend) but i was very bias for the fall and had to break my rules, wish green to all
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  • #555,399
  • Oct 28, 2020 12:48pm Oct 28, 2020 12:48pm
Quoting ZTrader123
Hello everyone, i want to hear your opinions on something that happened to me today.... today i made 80% growth on my account, whether you believe me or not doesnt matter, what matters is i want to hear your guys opinions on if thats gambling or legit trading, i feel like i did everything i normally would have on a trading day i just said for science im gonna risk like 20% of my equity on a few trades. Gambling or not? i cant decide, does it matter? who knows, so many tricky things to think about in the probabilities of trading.
If you know you have a positive expectancy over the long run, backed by a track record and stats, then no it is not gambling.

If you just risked 20% today for the fun of it and now can't decide if it is gambling or not, then you are.
  • #555,400
  • Oct 28, 2020 12:55pm Oct 28, 2020 12:55pm
Quoting ZTrader123
Hello everyone, i want to hear your opinions on something that happened to me today.... today i made 80% growth on my account, whether you believe me or not doesnt matter, what matters is i want to hear your guys opinions on if thats gambling or legit trading, i feel like i did everything i normally would have on a trading day i just said for science im gonna risk like 20% of my equity on a few trades. Gambling or not? i cant decide, does it matter? who knows, so many tricky things to think about in the probabilities of trading.
ZZ Trader, ... i'll weigh in.
IF you Traded "Edges" -Things you noticed that had a 'Higher Chance of Working Out',
Then, you were trading about as best you could.
-Sometimes we get bumped into a trade- like that Brexit (Spike) today & those are
know as "Unknown Forces." -No one can plan for that. -IF you made money off of that Great,
But that's not a Viable, "Edge". -Again they were "Unknown Forces."

All we do in here is work the "Edges" we know, -some on Big TF's, Some on Littler Ones
& we take our Ducket$ & Go home. Regardless, Great Work today.
Buy that Book "Trading in the Zone" by Mark Douglas, w/some of your Winnings.
You'll Do even greater...
Again, Great Work,
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Have a Great Evening or etc...
I will work to Objectively Identify my Edges
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