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Cable Update (GBPUSD)

  • #613,541
  • Aug 1, 2021 5:47am Aug 1, 2021 5:47am
Quoting Moty
i am ready with a new strategies to to the new trading week i will deposit tomorrow morning {image}
That's old one bro
not euphoria follower
  • #613,542
  • Aug 1, 2021 5:47am Aug 1, 2021 5:47am
Quoting Pat Chiko
{quote} Hi elbert. hope everything is nice at home over the weekend. Nobody need to apologize anything, my post are just a friendly fire. We are all grown up. Saw that you've changed from Batman to Ironman....wow. some improvement in self image/. P/S What's you dinner. please post me some food photo, need some ideas what to eat tomorrow so I can order online food under this lockdown condition.
LOL yes i thought you would like it,, still i left the public weekender on lol and you are now our,,,, FFPO,, Together we can save the FX world ??? or try to lol ,,just had Scrambled eggs with avocado on toast, For dinner its Salmon in chilly and lime drizzle with carrot batons and Jersey potatoes in butter ,,
  • #613,543
  • Aug 1, 2021 5:50am Aug 1, 2021 5:50am
Quoting Pat Chiko
{quote} Hi elbert. hope everything is nice at home over the weekend. Nobody need to apologize anything, my post are just a friendly fire. We are all grown up. Saw that you've changed from Batman to Ironman....wow. some improvement in self image/. P/S What's you dinner. please post me some food photo, need some ideas what to eat tomorrow so I can order online food under this lockdown condition.
We have seen this one before but if you associate all the words with fx trading its just right lol ,,happy Sunday guys
Inserted Video
  • #613,544
  • Aug 1, 2021 5:57am Aug 1, 2021 5:57am
Quoting bilal1947
H1 View {image} H4 View{image}
dont mind my view, just posting a possibillity that i have seen quit a few times. i too want it to go higher to sort it since my first attemt was unsuccesfull
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 134 KB
offering my system to copy trade. check my link
  • #613,545
  • Aug 1, 2021 5:58am Aug 1, 2021 5:58am
Quoting Pat Chiko
{quote} I'm just pointing your error in writing skill (diplomatic & gallantly). All I’m asking is be careful with what you post about others. Be discreet and tactful on other traders. You can post all about your trade, how good you are and about your hobby etc...., but please refrain yourself from unnecessary punch line. Have some decency on what your punch line (luckily I’m not included- according to your last statement). We are all grown-ups, please don’t shove this things forward trying to find some validation, as it may makes things worse for...
ha..ha... you know what?

The punch line... do you think it is not needed in trading forex ?

Everyone of us including you and me have taken punches by volatile moves and blown our accounts.

The punch, every one should take on themselves for not repeating same mistakes.


Can you honestly tell me how many times you repeated mistakes ? And how many times you corrected the mistakes without a punch ( without Blowing your account ) ?

And, my post is a kind of an advice with a punch ( ha ha.. remark) . And it is for all who took counter trend trade on a NY week end and on a month end.

No one else replied to me probably they are aware and taken it as advice. And no other TOP trader did reply to me either.

As I said, you are one among " TOP " Trader in this thread, and you do not need an advice. You should have just ignored my post as that is not applicable to you.

Surprisingly you wanted to reply. Probably you got hurt and insuted by some trading decision of yours. . I dunno whether you took a wrong trade though. Never know why. The insult is not given to you by a fellow trader. The real insult is when the price moves opposite to your trade direction.

And keep in mind, not everybody is trading with huge capital, there are newbies with 500 $ account.

A gap down on Monday morning will blow their account. I hope you know and traded with 500 $ account at some point of trading life.

So, move on, Look for Monday with whatever open trades you have ( if at all ) .

And I am stopping this argument with you, this is my last in this matter.

Do not want to waste time, today is sunday, so it is ok to me.
Intraday only.
  • #613,546
  • Aug 1, 2021 5:59am Aug 1, 2021 5:59am
Quoting Moty
i am ready with a new strategies to to the new trading week i will deposit tomorrow morning {image}
Good Luck Moty ,you are so dedicated to this game .you are so open to win draw and loss trade post ,you never hide loss your brave to post them , i and i think other trades respect you for that and i hope i can speak for them all, i,,we would all love you to earn lots and become a success in this crazy FX game, Regards E
  • #613,547
  • Aug 1, 2021 6:08am Aug 1, 2021 6:08am
Quoting nikosk0
{quote} dont mind my view, just posting a possibillity that i have seen quit a few times. i too want it to go higher to sort it since my first attemt was unsuccesfull {image}
Yes, it is also possible too, price can go into consolidation/distribution, and the breaker may turns into a resistance. will see, thanks for your view as well
"Exchange of hands"
  • #613,548
  • Edited 6:30am Aug 1, 2021 6:19am | Edited 6:30am
My General post :

There are quite a few Brilliant traders in this thread.

I am not competing with them , neither advising them.

My posts are for those who understand and accept the " value of sharing knowledge and helping each other "
Intraday only.
  • #613,549
  • Aug 1, 2021 6:43am Aug 1, 2021 6:43am
Quoting nAVIN2007
{quote} I guess u think it is going up..love your charts btw
Don't trade what you think, but reliable candle signal. Market doesn't respect anybody's thought

Though it's a great uptrend bias, price can reverse at any point without seeking for our opinion and thought
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -43.7%
  • #613,550
  • Aug 1, 2021 6:52am Aug 1, 2021 6:52am
Quoting navk
{quote} ...Everyone of us including you and me have taken punches by volatile moves and blown our accounts...
I have been trading for years, and have made a lot of mistakes. But I have never blown an account, and likely won't ever blow an account. People who overleverage themselves tend to blow accounts. I don't trade like that.
Learn from your mistakes and march on.
  • #613,551
  • Aug 1, 2021 7:00am Aug 1, 2021 7:00am
Weekend gap minimal so far. Although not always an indicator it has in the past provided some trend for the initial movement
Insane in the Brain..
  • #613,552
  • Aug 1, 2021 7:03am Aug 1, 2021 7:03am
Quoting here2there
{quote} I have been trading for years, and have made a lot of mistakes. But I have never blown an account, and likely won't ever blow an account. People who overleverage themselves tend to blow accounts. I don't trade like that.
Yeah, that is true for traders from USA.

There are restrictions imposed on leverage.

That is good.

For rest of traders elsewhere, with 1 : 500 leverage, and those who trusting their trading accuracy, might over leverage their trades to blow their account.

I live in Canada, and I goto brokers outside Canada for higher leverage.

There are very few in my opinion not to have blown thier accounts. Or else there will not be fact figure " only 5 % succeed in Forex trading "
Intraday only.
  • #613,553
  • Aug 1, 2021 7:06am Aug 1, 2021 7:06am
Quoting here2there
{quote} I have been trading for years, and have made a lot of mistakes. But I have never blown an account, and likely won't ever blow an account. People who overleverage themselves tend to blow accounts. I don't trade like that.
Overleverage is not the main cause of blowing account but impatience to wait for the signal that have higher probability. Leverage is a double-edged sword
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -43.7%
  • #613,554
  • Aug 1, 2021 7:10am Aug 1, 2021 7:10am
Quoting 9jatrader
{quote} Overleverage is not the main cause of blowing account but impatience to wait for the signal that have higher probability. Leverage is a double-edged sword
When you overleverage, stick to lower TF for entry while following it up with longer TF
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -43.7%
  • #613,555
  • Aug 1, 2021 7:10am Aug 1, 2021 7:10am
Quoting 9jatrader
{quote} Overleverage is not the main cause of blowing account but impatience to wait for the signal that have higher probability. Leverage is a double-edged sword
Impatience due to GREED..

Closing wrongly taken trades with loss due impatience is FEAR.
Intraday only.
  • #613,556
  • Aug 1, 2021 7:13am Aug 1, 2021 7:13am
Quoting navk
{quote} Impatience due to GREED.. Closing wrongly taken trades with loss due impatience is FEAR.
Yea. Forex trading brings greed out of us even if we don't know we have that gift in us
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -43.7%
  • #613,557
  • Aug 1, 2021 7:19am Aug 1, 2021 7:19am
Quoting navk
{quote}Or else there will not be fact figure " only 5 % succeed in Forex trading "
Forex is a business. Like any other business only few people succeed
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -43.7%
  • #613,558
  • Aug 1, 2021 7:21am Aug 1, 2021 7:21am
Quoting navk
{quote} Yeah, that is true for traders from USA. There are restrictions imposed on leverage. That is good. For rest of traders elsewhere, with 1 : 500 leverage, and those who trusting their trading accuracy, might over leverage their trades to blow their account. I live in Canada, and I goto brokers outside Canada for higher leverage. There are very few in my opinion not to have blown thier accounts. Or else there will not be fact figure " only 5 % succeed in Forex trading "
It would make no difference to me if I had access to more leverage. I just wouldn't use that much leverage, period. I am a slow and steady trader. The people who are always in a hurry are usually the ones who make the most costly mistakes.
Learn from your mistakes and march on.
  • #613,559
  • Edited 7:47am Aug 1, 2021 7:23am | Edited 7:47am
Quoting navk
{quote} ha..ha... you know what? The punch line... do you think it is not needed in trading forex ? Everyone of us including you and me have taken punches by volatile moves and blown our accounts. The punch, every one should take on themselves for not repeating same mistakes. Can you honestly tell me how many times you repeated mistakes ? And how many times you corrected the mistakes without a punch ( without Blowing your account ) ? And, my post is a kind of an advice with a punch ( ha ha.. remark) . And it is for all who took counter trend trade...
You are very rude trader Navk. I dont like your sarcasm towards other traders, and you call yourself a professional trader, why is that? Please keep your bad critisism to your self. This thread is to share trading views and not to laugh at others. I mean, come on, chart always goes both directions. Someone said to me we will see 1.32, but we nearly reached 1.4 instead. 100 pips up or down means nothing at all for some, right or wrong, profits that matters.
Good luck.
  • #613,560
  • Aug 1, 2021 7:25am Aug 1, 2021 7:25am
Quoting here2there
{quote} It would make no difference to me if I had access to more leverage. I just wouldn't use that much leverage, period. I am a slow and steady trader. The people who are always in a hurry are usually the ones who make the most costly mistakes.
But you know, most of Retailers want to make " 1 million with 1k account in 1 year "

lol
Intraday only.
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