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Cable Update (GBPUSD)

  • #620,681
  • Sep 2, 2021 3:05am Sep 2, 2021 3:05am
Buy GBPAUD for 100 pips
  • #620,682
  • Sep 2, 2021 3:10am Sep 2, 2021 3:10am
Quoting dempire1
{quote} Pat, we found your "follower" ?
you've got one now
  • #620,683
  • Sep 2, 2021 3:13am Sep 2, 2021 3:13am
Quoting gatenio
{quote} 4h? not sure about how much power to take this up before NFP the waves getting are shorter and shorter {image}
it was the h4 candle at the bottom of that double top (6am 17th) that took out 1.38/opposing demand level that created the zone for me

Feel like it might want to test those highs and go to the top of the ascending wedge on h4 if it's going to make another trip down, just following the pattern of the past few days

Not sure obviously but if I'm gonna sell today it will be waiting for up there, it may not happen. I can see the selling level at 9x but if it bounces off of the asia range high it might continue up
  • #620,684
  • Sep 2, 2021 3:13am Sep 2, 2021 3:13am
break of yesterday high, 3800 will lead to more buying.

I doubt it.

If the price wants to go bullish, tomorrow, then probably would fall today
Intraday only.
  • #620,685
  • Sep 2, 2021 3:14am Sep 2, 2021 3:14am
20 pips taken

Scared to use 0.1 for $200 capital. Used 0.01 instead and earned $2 minus commission. Getting tired already.
  • #620,686
  • Sep 2, 2021 3:14am Sep 2, 2021 3:14am
Quoting Waveskierrob
{quote} you've got one now
How to succeed in zero sum game?
  • #620,687
  • Sep 2, 2021 3:16am Sep 2, 2021 3:16am
Quoting navk
{quote} I eat my breakfast ( brunch) for 100 dollars. How much you eat? Ha.. Ha..
I am poor kids from UK. £20 will make my whole day bro
  • #620,688
  • Sep 2, 2021 3:16am Sep 2, 2021 3:16am
Standing aside for the moment , nothing for me on 4H or daily
Follow The Markets Structure - Patience and Discipline
  • #620,689
  • Sep 2, 2021 3:24am Sep 2, 2021 3:24am
Quoting Pat Chiko
GU Quick Scalping Asia session. {image}
Hi Pat, I like your contribution and not only here on FF but out there too! well done Mate! here just comparing live accounts feed (here IC Market) FL missed by the tiny bit ...though it might be useful.. good luck & stay safe. ps could be rolling but this never sure ..
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  • #620,690
  • Sep 2, 2021 3:28am Sep 2, 2021 3:28am
target arrow tl

next sell if possible break below asia low
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #620,691
  • Sep 2, 2021 3:31am Sep 2, 2021 3:31am
Quoting silolo
20 pips taken Scared to use 0.1 for $200 capital. Used 0.01 instead and earned $2 minus commission. Getting tired already.
You are smart
  • #620,692
  • Sep 2, 2021 3:32am Sep 2, 2021 3:32am
Quoting IBabyTrader
{quote} I am poor kids from UK. £20 will make my whole day bro

£20 a day is huge

people spend only £1 a day in my country
MY OPINION NOT FINANCIAL ADVISE
  • #620,693
  • Sep 2, 2021 3:34am Sep 2, 2021 3:34am
Quoting donfriday
{quote} 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
Please don't advise him to blow his account. Recovering losses isn't that easy. Easy does it in this game. Why didn't advise him to split the 0.2 into 10, thereby having 10 entries at different price values?
  • #620,694
  • Sep 2, 2021 3:34am Sep 2, 2021 3:34am
Quoting donfriday
{quote} £20 a day is huge people spend only £1 a day in my country
Which country is that? 9ja?
  • #620,695
  • Sep 2, 2021 3:35am Sep 2, 2021 3:35am
Quoting dempire1
{quote} Pat, we found your "follower" ?
Not really a follower.
  • #620,696
  • Edited 3:58am Sep 2, 2021 3:37am | Edited 3:58am
Quoting Nd10
{quote} Please don't advise him to blow his account. Recovering losses isn't that easy. Easy does it in this game. Why didn't advise him to split the 0.2 into 10, thereby having 10 entries at different price values?


how do you blow account risking $25 from $200

you want to sit in front of pc to earn $20 daily using 0.01?
you must be kidding me

if you make $20 a day using micro then u are spending all your day in front of a screen

having balance if $200 and aiming for $20 daily mean he will double his account withing 2 weeks if he get 10 trades tp..so what you think of anyone who want to double account in 2 weeks is that not a risk and meanwhile they say dont invest money you cannot lose so maybe $200 doesnt mean much...No Risk No Gain
MY OPINION NOT FINANCIAL ADVISE
  • #620,697
  • Sep 2, 2021 3:41am Sep 2, 2021 3:41am
Quoting silolo
20 pips taken Scared to use 0.1 for $200 capital. Used 0.01 instead and earned $2 minus commission. Getting tired already.
Don't be.

As the wise PAT says "Fear of losing is the #1 reason you are losing.".
You've made some great calls in the past, which leads me to believe all you need is to find a lot size you're happy with.
You can keep your 0.1 lot size and increase your exposure if you're confident in your trade.

Like PAT does: Open a small position, if the market gives you confirmation, add to your position. That way you'll increase your exposure, but only on trades you're confident about.

One can't make money without taking some risks. But if, even when you're winning, it seems underwhelming and takes a toll on your spirits, you've got to change something.
Be it your money management, or your psychological approach to trading.

Wish you all the best.
  • #620,698
  • Sep 2, 2021 3:41am Sep 2, 2021 3:41am
Quoting Waveskierrob
{quote} you've got one now
No no no. Not true.
  • #620,699
  • Sep 2, 2021 3:51am Sep 2, 2021 3:51am
see what occurs
minimal risk applied
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  • #620,700
  • Sep 2, 2021 4:30am Sep 2, 2021 4:30am
Quoting donfriday
{quote} how do you blow account risking $25 from $200 you want to sit in front of pc to earn $20 daily using 0.01? you must be kidding me if you make $20 a day using micro then u are spending all your day in front of a screen having balance if $200 and aiming for $20 daily mean he will double his account withing 2 weeks if he get 10 trades tp..so what you think of anyone who want to double account in 2 weeks is that not a risk and meanwhile they say dont invest money you cannot lose so maybe $200 doesnt mean much...No Risk No Gain
Just tried the 0.1 quick scalp to check how long and how many tries do I need to get a £20.

That is around an hour to make £3.3 on a typical day like this. so 7 tries and right every time and luck be with you to make a £20 on a 0.1.
On that note, a 0.01 would take how much luck?

If it really good day, and bet is in the right direct, your 0.01 might make you rich as well.
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