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Cable Update (GBPUSD)

  • #597,261
  • May 25, 2021 5:08am May 25, 2021 5:08am
Quoting Pipa1
More bad news for GBPUSD...GBPCHF just broke down through heavy volume targeting Southern Hemisphere.{image}
Is this contract volume from the fx futures market?
  • #597,262
  • May 25, 2021 5:14am May 25, 2021 5:14am
Quoting mysterio
{quote} Will crash to 1.41 today! {quote} Thanks, will give the 100k challenge a go in June..will post here how I get on!
Prop firms are a joke....I bet that most of prop traders are demos in the prop shop network...
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #597,263
  • May 25, 2021 5:14am May 25, 2021 5:14am
Quoting Pipa1
{quote} Prop firms are a joke....I bet that most of prop traders are demos in the prop shop network...
Oh man, you took these off my head before I could say it. I mean, why do I have to pay to show that I can trade? Why not ask for 3-6 months LIVE account trade history instead?

Just another money making scheme I think
  • #597,264
  • May 25, 2021 5:16am May 25, 2021 5:16am
Quoting Pipa1
{quote} Prop firms are a joke....I bet that most of prop traders are demos in the prop shop network...
Please explain. I know nothing. Seems like an OK way to earn a few extra bucks, just copy my everyday trades over?
  • #597,265
  • May 25, 2021 5:19am May 25, 2021 5:19am
Quoting mysterio
{quote} Is this contract volume from the fx futures market?
it's too complicated , volume of stop runs on tick data from a market makers perspective , algorithmic simulation. .
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #597,266
  • May 25, 2021 5:19am May 25, 2021 5:19am
Quoting Tekin
Bulls vs bears daily is critical tight stops at both edge as long as below 1.4260 my idea there is no certain trend {image}

ok lets try long at 1.4174
  • #597,267
  • May 25, 2021 5:21am May 25, 2021 5:21am
What i see now h1 by trend its simply up and down ,nothing else from 18 may.
  • #597,268
  • May 25, 2021 5:22am May 25, 2021 5:22am
Quoting JayBag
{quote} Oh man, you took these off my head before I could say it. I mean, why do I have to pay to show that I can trade? Why not ask for 3-6 months LIVE account trade history instead? Just another money making scheme I think
FYI -
Not every prop firms let you trade with demo's. I trade for a prop firm with a live account. As you said, they only requested for 3-6 months history on live account. However they only share 50:50 profit.
Fools Rushing
  • #597,269
  • May 25, 2021 5:22am May 25, 2021 5:22am
Quoting mysterio
{quote} Please explain. I know nothing. Seems like an OK way to earn a few extra bucks, just copy my everyday trades over?
They only want your fees, and gives you a 10k (demo) account hoping to blow up, or to infringe any of their rules...and you get banned, loosing you initial fees witch can be as high as 1000 pounds...it's a 21 century scam...i got called EVERY SINGLE DAY from a big shop in London for a month.It's not normal unless they want your money.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #597,270
  • May 25, 2021 5:29am May 25, 2021 5:29am
Quoting MTF Test
{quote} Go for it. FTMO is one of the best. I personally recommend them. You might wanna do a research of what other prop firms are offering. I recon to read the rules of all the prop firms to find the best suited for you. There are props without evaluations. There are props you where you can trade news, you keep you trades over night and week ends. and some are offering really good profit split. I am with a 20:80 prop and the other one with 50:50 split.



MAVERICK has 30 % for company 70 % for trader ( for me) but before i start they ask me for 5000 $ to deposit plus they charge 200$ per month fee cost of company

Dos anybody know about maverick is safe or just take money and never give back or simple is scam please if any know anything let me know thank you.
  • #597,271
  • May 25, 2021 5:34am May 25, 2021 5:34am
Quoting Enis
{quote} MAVERICK has 30 % for company 70 % for trader ( for me) but before i start they ask me for 5000 $ to deposit plus they charge 200$ per month fee cost of company Dos anybody know about maverick is safe or just take money and never give back or simple is scam please if any know anything let me know thank you.
I guess trustpilot would be best to find out. Me, personally don't know about them.

BTW, There are props which you can start with one time fee of 500$ for 100K account, where they give you up to 85 % profit split.
Fools Rushing
  • #597,272
  • May 25, 2021 5:35am May 25, 2021 5:35am
Quoting Enis
{quote} MAVERICK has 30 % for company 70 % for trader ( for me) but before i start they ask me for 5000 $ to deposit plus they charge 200$ per month fee cost of company Dos anybody know about maverick is safe or just take money and never give back or simple is scam please if any know anything let me know thank you.
You just responded to your answer...don't you think so???
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #597,273
  • May 25, 2021 5:37am May 25, 2021 5:37am
Going down on 5 M chart.
  • #597,274
  • May 25, 2021 5:38am May 25, 2021 5:38am
Maybe we can see 1.40500 today?
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #597,275
  • May 25, 2021 5:41am May 25, 2021 5:41am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 60 KB
yes yes yes
  • #597,276
  • May 25, 2021 5:41am May 25, 2021 5:41am
GU 34 up 66 down positions
  • #597,277
  • May 25, 2021 5:44am May 25, 2021 5:44am
Quoting Moty
{image}
if there is enough bear power today we could defo see daily S2. Not sure if it will bounce back up then or carry on to 13950
Insane in the Brain..
  • #597,278
  • May 25, 2021 5:45am May 25, 2021 5:45am
Quoting kris89
{image}interesting
If break 1.41400 channel lets welcome the new trending
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #597,279
  • May 25, 2021 5:46am May 25, 2021 5:46am
Quoting MTF Test
{quote} FYI - Not every prop firms let you trade with demo's. I trade for a prop firm with a live account. As you said, they only requested for 3-6 months history on live account. However they only share 50:50 profit.

If you did not have to pay a dime from your own pocket, then it's great. Perhaps you could share the PROP firm that did not charge you upfront but wanted a 50% share. That should be more helpful to those who may have an interest in it. I believe a trader's talent/history should be enough and not his micro money.

If they really wanna do things right without making people feel like they out for their money, they should let interested traders link their LIVE account to their website and evaluate them from there. I just don't see the need to pop up cash upfront to a company that's supposed to fund me $200k.

I am probably too old to understand the idea behind that

Be Kind
  • #597,280
  • May 25, 2021 5:50am May 25, 2021 5:50am
Cautiously holding short whilst DXY tests potential SBR. I believe it's a fake out but beliefs don't matter. 5m GU PA giving a potential reversal sign so finger on the kill button if it wants to try anything funny.

https://www.tradingview.com/x/tw51L6pA/
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