Cable Update (GBPUSD)

Quoting Sang.Real

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{quote} Forex trading is not for me. Look at this trade I'm in right now.... I get bored. Just not a good hobby. Look at all this entry. If it goes against me ( price goes up with all position negative) I will loose around 0.25% of my account. Might as well I tell my Dad to let fund manager to handle the investment part. ( which he already had few fund manager working for him). I want to travel to Indonesia and Hong Kong to visit Steven (Professional Forex Trader). {image}

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Quoting Moty

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get ready for 1.40500 area {image} {image} {image}

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Quoting Vincent1

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Technically: Cable 1.416
Fiber 1.226
Aussi 0.800
Loonei 1.250

Fundamental:
Powell tomorrow

Have fun

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Quoting Vincent1

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{quote} Come on guys, maybe today I can finally close all my longs if Powell does what he has to do {image}

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Quoting Sang.Real

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{quote} I want to travel to Indonesia and Hong Kong to visit Steven (Professional Forex Trader).

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Quoting Moty

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get ready for 1.40500 area {image} {image} {image}

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Quoting Sang.Real

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{quote} I don't to end up doing something that is not worth the time spent. Chasing a dream, hours /day/months/years of learning with disappointing end of the day result over the period of 10 years. In years to come, Algo will take over in financial trading. Only handful human still trading Forex - sadly to say.... they are retail traders. Algo are more efficient and move BIG amount in split second. Human are at mercy of machine.

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Quoting harve

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{quote} why you not try invest in nickel minning in indonesia?

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Quoting Sang.Real

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{quote} I'm an Nature Environmentalist Activist. I'm concern over destruction of nature. When all this COVID-19 pandemic subside , I will enroll to study Environmental in Europe University for Under-Graduate. I really don't like to see what Oil and Gas Exploration has done to destroy the environment. Same as Bauxite mining, Rare Earth, Nickle , Copper all et cetera. They are driven by greed and destroy the environment to be inherited by our grand children's. No mining please ( Bit Coin is an exception)

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Quoting Sang.Real

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{quote} Good suggestion. I'm trading as Hobby during lockdown. My dad loan me some money to learn new skill in finance & develop knowledge in financial world, My dad own few dozen of Well (mixed between Oil /Gas & some condensate). I'm not into the business it will die in 20 years once fossil fuel replaced by renewable energy. I must find something I like and enjoy to do. Forex is not... Just give the money to fund manager and let them organized it with 25% yearly return. I must come to Indonesia to visit you and bring one of my camel there. You're...

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Quoting knkie

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{quote} Trading has nothing to do with finance. Its human behavior on a chart. To be specific: it is Fear and Greed on a chart. side note: i hope you are locking in your profits on the sell's because price may start to turn upward soon.

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Quoting Sang.Real

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{quote} Thanks Knkie. do anyone know what is the world percentage Algo Trading vs Human Trading ? What will happen in 10 years in future, as Algo become smarter and machine learning will be in advance learning capabilities. In 10 years from now , I will be 28 years old. Am I going to be better trader than Algo ? Or 99% of world trading done by Algo. Only handful of people still want to trade manually. Don't to go into path that will be less useful in future.

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