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Cable Update (GBPUSD)

  • #620,661
  • Sep 2, 2021 1:05am Sep 2, 2021 1:05am
I am long from 1.377x with the following view:
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  • #620,662
  • Sep 2, 2021 1:10am Sep 2, 2021 1:10am
Inserted Video
not euphoria follower
  • #620,663
  • Sep 2, 2021 1:23am Sep 2, 2021 1:23am
Quoting IBabyTrader
I am long from 1.377x with the following view: {image}
Not looking great for upside, booked my breakfast money, I am out.
  • #620,664
  • Sep 2, 2021 1:32am Sep 2, 2021 1:32am
Quoting IBabyTrader
{quote} Not looking great for upside, booked my breakfast money, I am out.
I eat my breakfast ( brunch) for 100 dollars.
How much you eat?

Ha.. Ha..
Intraday only.
  • #620,665
  • Sep 2, 2021 1:34am Sep 2, 2021 1:34am
Quoting stevepatt
{quote} GBP/USD H4 Observations Bullish Structure still in place.... {image}

GBP/USD Pending Long Trade
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  • #620,666
  • Sep 2, 2021 1:36am Sep 2, 2021 1:36am
i short scalp let see...cry or smile

iSell 2 Contract(s)@ 1.378
Stop: 1.3805
Limit: 1.3755
MY OPINION NOT FINANCIAL ADVISE
  • #620,667
  • Sep 2, 2021 1:48am Sep 2, 2021 1:48am
Break these highs going to have a pop
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Don't trade what you think. Just what you see!!!
  • #620,668
  • Sep 2, 2021 1:54am Sep 2, 2021 1:54am
Need to make new wave
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also hourly
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #620,669
  • Sep 2, 2021 2:02am Sep 2, 2021 2:02am
Quoting silolo
If I had traded myself and not fall in the hands of scammers and funds managers, I wouldn't have lost $15k to 25k over the last years that lead me totally bankrupt and years of hard work wasted. Sometimes when I see PatChiko, do what he does, I feel like crying because I fell from the top to ground zero financially. Old folks here knows my real story. I posted it here before sometimes ago. I have $200 capital and thinking making $20 daily. How feasible......? GU buy continues today
Finance (and health care) are where the largest populations of scammers/quacks live...

This means that high leverage will be involved. Usually people will not waste their time trading ~0.01 - 0.05 lot. How much volume are you planning to trade?
$20 for GU = exposure > 1:100+ for 0.05 lot = 40 pips/Day
Does your broker offer 1:500 or more leverage? Think why? They counting for people with small depos and high goals. Then you will try again...
My point is: keep your expectations and risk low.
Air force
  • #620,670
  • Sep 2, 2021 2:07am Sep 2, 2021 2:07am
Quoting silolo
If I had traded myself and not fall in the hands of scammers and funds managers, I wouldn't have lost $15k to 25k over the last years that lead me totally bankrupt and years of hard work wasted. Sometimes when I see PatChiko, do what he does, I feel like crying because I fell from the top to ground zero financially. Old folks here knows my real story. I posted it here before sometimes ago. I have $200 capital and thinking making $20 daily. How feasible......? GU buy continues today

you can do 20$ a day if you have the strategy
0.10 a pip 1$ with 0.01 you cant make 20$ a day
risk 25 sl
gain 25 tp

if it doesnt work try again before first backtest the strategy if it worth it

20pips a day for 3 months is good cash
MY OPINION NOT FINANCIAL ADVISE
  • #620,671
  • Sep 2, 2021 2:13am Sep 2, 2021 2:13am
Good morningfriends cable closing yesterday below 1.3778 finds itself in a range play between 1.3778 - 1.3706 to close the day bearish @ 1.3706. European traders are bearish this morning but the key event release @ 7:00 get is set to keep price bullish till entering America sessionalthough we expect price to stay below 1.3736 bearishbias point to confirm a further downside movement to 1.3706 and beyond by the Americans. Happy trading.
  • #620,672
  • Sep 2, 2021 2:13am Sep 2, 2021 2:13am
sellers of Tuesday still stuck to get out at BE or little gain

13750 will be good.
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MY OPINION NOT FINANCIAL ADVISE
  • #620,673
  • Sep 2, 2021 2:36am Sep 2, 2021 2:36am
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yes yes yes
  • #620,674
  • Sep 2, 2021 2:43am Sep 2, 2021 2:43am
Quoting Theoak
Break these highs going to have a pop {image}
Long in at 1.3781 and 1.3788 with do the usual will close one down and run the rest!!!
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Don't trade what you think. Just what you see!!!
  • #620,675
  • Sep 2, 2021 2:46am Sep 2, 2021 2:46am
Probs long above Tues/Weds highs into H4 supply 1.3806-25 before selling
  • #620,676
  • Sep 2, 2021 2:49am Sep 2, 2021 2:49am
scalp short.
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  • #620,677
  • Sep 2, 2021 2:50am Sep 2, 2021 2:50am
Sell 1.37900
Target 1.37500
  • #620,678
  • Sep 2, 2021 2:52am Sep 2, 2021 2:52am
Quoting mysterio
Probs long above Tues/Weds highs into H4 supply 1.3806-25 before selling
4h? not sure about how much power to take this up before NFP
the waves getting are shorter and shorter
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  • #620,679
  • Sep 2, 2021 2:55am Sep 2, 2021 2:55am
Quoting Pat Chiko
{quote} GU - Account #1 Long Term Scalping {image} Gu - Account #2 Short Term Scalping {image} Closed all position.
Scalping??? More than 12 hours...
"Scalping is a day trading strategy that involves making many small-profit trades rather than fewer large-profit trades. Scalping is one of the shortest-term trading strategies, and many positions last only seconds or minutes. Scalping requires discipline—once a set profit or loss has been reached, the scalper needs to exit the trade."
"Scalping, when used in reference to trading in securities, commodities and foreign exchange, may refer to a legitimate method of arbitrage of small price gaps created by the bid-ask spread. a fraudulent form of market manipulation a legitimate method of trading based on quick momentum trades triggered by order flow reading setups."

"Scalping is the shortest time frame in trading and it exploits small changes in currency prices.[3] Scalpers attempt to act like traditional market makers or specialists. To make the spread means to buy at the Bid price and sell at the Ask price, in order to gain the bid/ask difference. This procedure allows for profit even when the bid and ask don't move at all, as long as there are traders who are willing to take market prices. It normally involves establishing and liquidating a position quickly, usually within minutes or even seconds.
The role of a scalper is actually the role of market makers or specialists who are to maintain the liquidity and order flow of a product of a market.
The profit for each transaction is based only on a few bips (basis points), so scalping is typically conducted when there are large amounts of capital and high leverage or there are currency pairs where the bid–offer spread is narrow. [4]"
  • #620,680
  • Sep 2, 2021 3:04am Sep 2, 2021 3:04am
Quoting Tim_isoara
{quote} Scalping??? More than 12 hours... "Scalping is a day trading strategy that involves making many small-profit trades rather than fewer large-profit trades. Scalping is one of the shortest-term trading strategies, and many positions last only seconds or minutes. Scalping requires discipline—once a set profit or loss has been reached, the scalper needs to exit the trade." "Scalping, when used in reference to trading in securities, commodities and foreign exchange, may refer to a legitimate method of arbitrage of small price gaps created by...
Pat, we found your "follower" ?
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