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Cable Update (GBPUSD)

  • #622,201
  • Sep 8, 2021 5:54am Sep 8, 2021 5:54am
Quoting Moty
next target 1.38000 , either it want to go up or down {image}
shana tova king.
this year is all about winning.
  • #622,202
  • Sep 8, 2021 5:54am Sep 8, 2021 5:54am
3745 is a H & S target
  • #622,203
  • Sep 8, 2021 5:57am Sep 8, 2021 5:57am
Quoting nAVIN2007
{quote} Can I ask..they give a challenge for a trader to trade a demo account to get what kind of %? and u have to pay them something to get one of those accounts..
yes, they give a demo account to trade.

For example 100 k demo account, they charge 650 USD.

30 days given to achieve 10 %.
60 days given to achive 5 %.

two stages.

Daily loss violation is 5 %.

At anytime, the overall loss must not exceed 10 %. This is violation.

Once violated, you failed, 650 dollar gone.

Once passed both stages, they refund 650 dollars and provide you 100k funded account.

Monthly share 70 % for trader, 30 % for company.

RISK MANAGEMENT IS VERY VERY IMPORTANT.
Intraday only.
  • #622,204
  • Sep 8, 2021 5:59am Sep 8, 2021 5:59am
Moty,

This is for you.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 28 KB
Intraday only.
  • #622,205
  • Edited 6:11am Sep 8, 2021 5:59am | Edited 6:11am
Quoting navk
{quote} This is from my wife. Funded account, 50k. She is doing with FTMO. Started from biginning of the month. I am with MFF. {image}
man. Thats wonderful. She must be killing it. RR standing @ above 2with winning ratio's of 75% is just amazing. you guys must be a trading family.
Mark my words, it's not easy to keep these performance. she must be real talented.

Good on u bro.
Fools Rushing
  • #622,206
  • Sep 8, 2021 6:00am Sep 8, 2021 6:00am
Quoting navk
{quote} A small correction, a break of 3790 is bullish today. Until then bearish. However a support awaits around 3745.
it’s a very tight range today pretty lifeless
Insane in the Brain..
  • #622,207
  • Sep 8, 2021 6:00am Sep 8, 2021 6:00am
Quoting MTF Test
{quote} man. Thats wonderful. She must be killing it. RR standing @ above 2with winning ratio's of 75% is juts amazing. you guys must be a trading family. Mark my words, it's not easy to keep these performance. she must be real talented. Good on u bro.
she trades based on levels, wonderful.
Intraday only.
  • #622,208
  • Sep 8, 2021 6:01am Sep 8, 2021 6:01am
Quoting BeeTogether
{quote} it’s a very tight range today pretty lifeless
NY will break either 3750 or 3790.
Intraday only.
  • #622,209
  • Sep 8, 2021 6:02am Sep 8, 2021 6:02am
Quoting navk
{quote} yes, they give a demo account to trade. For example 100 k demo account, they charge 650 USD. 30 days given to achieve 10 %. 60 days given to achive 5 %. two stages. Daily loss violation is 5 %. At anytime, the overall loss must not exceed 10 %. This is violation. Once violated, you failed, 650 dollar gone. Once passed both stages, they refund 650 dollars and provide you 100k funded account. Monthly share 70 % for trader, 30 % for company. RISK MANAGEMENT IS VERY VERY IMPORTANT.

thats interesting..thanks for the info
amazing how these things just pop up with time..
  • #622,210
  • Sep 8, 2021 6:03am Sep 8, 2021 6:03am
Quoting nAVIN2007
{quote} my advise to u when u see price falling, look for opportunities to sell into the direction. Trying not to find the bottom We all do this but trust me, life is a lot simpler when not fighting the flow saying this it may work {image}
Thanks

Think it should be fine. Just accumulating below YL on h1 demand zone. DXY at good level for retrace

A breakout of the descending channel and i'll set stops to BE
  • #622,211
  • Sep 8, 2021 6:04am Sep 8, 2021 6:04am
... that prev 30min sw hi zone becomes potential rbs with a decisive break above it.

EDIT: steepest 1hr desc t/line breached to upside now.

1hr below.
Attached Image (click to enlarge)
Click to Enlarge Name: 3485140423c7b0c0678da117cbcd6804.png Size: 31 KB
Trader with an Edge.
  • #622,212
  • Sep 8, 2021 6:05am Sep 8, 2021 6:05am
Quoting Ihlas
{quote} Measured with sphygmomanometer?
Fools Rushing
  • #622,213
  • Sep 8, 2021 6:18am Sep 8, 2021 6:18am
Quoting mysterio
{quote} Thanks Think it should be fine. Just accumulating below YL on h1 demand zone. DXY at good level for retrace A breakout of the descending channel and i'll set stops to BE

just watch out..i think the dollar is consolidating..instead of retracing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: #USDX_U1M1.png Size: 133 KB
Click to Enlarge Name: GBPUfhSDH1.png Size: 180 KB
  • #622,214
  • Sep 8, 2021 6:27am Sep 8, 2021 6:27am
I am long usdchf
  • #622,215
  • Sep 8, 2021 6:28am Sep 8, 2021 6:28am
Bulls watch out. A short sharp climb is not a good sign. Potential drop below 13750unless we clear 138 and then it could be a drift upwards. No sign of that though yet.
Insane in the Brain..
  • #622,216
  • Sep 8, 2021 6:28am Sep 8, 2021 6:28am
Quoting pipfarm
H1 structure is following its parent wave, next could be a minor correction and swing down followed by a larger correction and swing down to complete the Elliott/Mandelbrot fractal {image}

Now in the minor correction


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 67 KB
Follow The Markets Structure - Patience and Discipline
  • #622,217
  • Sep 8, 2021 6:31am Sep 8, 2021 6:31am
Quoting nAVIN2007
{quote} just watch out..i think the dollar is consolidating..instead of retracing {image} {image}
May be, May be Not. 50% 50% . If the 37660 retest is successful, NYO going to be on a bull side IMO, unless of course news does not have a major impact.

It's only my opinion.
Fools Rushing
  • #622,218
  • Sep 8, 2021 6:33am Sep 8, 2021 6:33am
Quoting navk
for my fresh longs, 3740 stop.
my longs have a stop loss 3750 now.
Intraday only.
  • #622,219
  • Sep 8, 2021 6:35am Sep 8, 2021 6:35am
Sell tp 7413
  • #622,220
  • Sep 8, 2021 6:37am Sep 8, 2021 6:37am
[quote=navk;13698310]{quote} NY will break either 3750 or 3790.[/quote
Navk, a pure genius... the third option, GU may stay in the range.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp 09.08.1H.png Size: 88 KB
Always trade your own plan...I don't provide trading signals.
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