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Cable Update (GBPUSD)

  • #627,521
  • Oct 1, 2021 5:26am Oct 1, 2021 5:26am
Quoting LvMMT
{quote} Maybe I short there {image} Green pips for all of you folks! God bless everyone!
Closed 1008 points!

I still wish you Green pips to all folks!

God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #627,522
  • Oct 1, 2021 5:29am Oct 1, 2021 5:29am
us debt = 20 pips 3493 to 3513 and more
  • #627,523
  • Oct 1, 2021 5:30am Oct 1, 2021 5:30am
Done for today
Cheers
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  • #627,524
  • Oct 1, 2021 5:32am Oct 1, 2021 5:32am
76.4% of the weds hi to 3411 reached now, dly R1 just above. That prev 1hr/4hr spike sw hi (thurs hi) becomes potential rbs now.

1hr below.
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Trader with an Edge.
  • #627,525
  • Oct 1, 2021 5:33am Oct 1, 2021 5:33am
Quoting MTF Test
{quote} I am out of all the buys too. Cheers Navk. BTW, Have you heard what had happend to Funding talent ? It's chaos. I am fearing with MFF also. I think its time to move back to FTMO. What do you think ?
MFF is fine.

FT in chaos, yes.

I did one challenge with FT and lost.

I paid FT challenge thro a subscriber with cash back.

He paid me 100 dollars back to my bank account.

FTMO is still number 1, though they are slightly expensive with higher profit target when compared to MFF.

I am happy with MFF.
Intraday only.
  • #627,526
  • Edited 6:51am Oct 1, 2021 5:36am | Edited 6:51am
Quoting Maximumheigh
{quote} I am offloading some longs here. My target still around 1.352x..
Out of all my longs now @1.3524. Watching for a pullback around this area. We can get a pullback to 1.347x. IMO
Pullback is imminent. Target 1.347x. IMO
  • #627,527
  • Oct 1, 2021 5:36am Oct 1, 2021 5:36am
Quoting navk
{quote} 3520 to my eyes clear target, R1. Then being friday, the trend may continue.
3520 target met.
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Intraday only.
  • #627,528
  • Oct 1, 2021 5:38am Oct 1, 2021 5:38am
Tp hit.
left lot run
add 1.5 lots short to 1.3468
  • #627,529
  • Oct 1, 2021 5:39am Oct 1, 2021 5:39am
1.352x reached.. i expected down from here.. maybe to 1.338x.. imo
Trade what you see, not what you think.. react and stay sharp..
  • #627,530
  • Oct 1, 2021 5:43am Oct 1, 2021 5:43am
I am loser don’t follow my post



i am targeting 13400

we need to find buyers from prevailing trend
MY OPINION NOT FINANCIAL ADVISE
  • #627,531
  • Oct 1, 2021 5:51am Oct 1, 2021 5:51am
Quoting Jolita
Day hasn't finished yet + 3hours to finish the month. Long position opened. Got to climb again, Powel is fading.
Both long positions TP hit 1.3520. Two more running TP 1.3570, we should be able to stretch more.

Well done Gatenio and Navin. Patience paid.
  • #627,532
  • Oct 1, 2021 5:52am Oct 1, 2021 5:52am
... price current lo-hi today is @ 109% of 30day adr (so far?)
Trader with an Edge.
  • #627,533
  • Oct 1, 2021 5:58am Oct 1, 2021 5:58am
Quoting navk
{quote} MFF is fine. FT in chaos, yes. I did one challenge with FT and lost. I paid FT challenge thro a subscriber with cash back. He paid me 100 dollars back to my bank account. FTMO is still number 1, though they are slightly expensive with higher profit target when compared to MFF. I am happy with MFF.
FTMO raised their profits to 90%.
I've doing the £10k challenge, but already loosing as my daily loss exceeded minimum. Will try again with larger allowance.
  • #627,534
  • Oct 1, 2021 6:00am Oct 1, 2021 6:00am
... there is potential for 4hr hidden bearish div on any higher p/back ... (not developed yet on my osc's) so long as price is below 3729.
Trader with an Edge.
  • #627,535
  • Oct 1, 2021 6:03am Oct 1, 2021 6:03am
Quoting maxi444
{quote} probably GU must be lower, but I m not sure, it can be only a no trade

first day of new month can’t be hit by demand by big players

Prevailing trend can’t just change like that it require some time and patience

Lower tf can be tricky if you don’t compare with higher tf
MY OPINION NOT FINANCIAL ADVISE
  • #627,536
  • Oct 1, 2021 6:03am Oct 1, 2021 6:03am
*Kashkari: Doesn't See Need for Fed Rate Increase Until 2024 of course the chart is important
  • #627,537
  • Oct 1, 2021 6:07am Oct 1, 2021 6:07am
Look to add buy 1.3495 to 1.3538-1.355
  • #627,538
  • Oct 1, 2021 6:09am Oct 1, 2021 6:09am
Quoting Jolita
{quote} FTMO raised their profits to 90%. I've doing the £10k challenge, but already loosing as my daily loss exceeded minimum. Will try again with larger allowance.
Daily loss violation ... risk management as you know is very important.

In a personal account, I have allowed 20 to 25 % floating loss then made profit. It is those days.

Now after prop trading, I learnt risk management a lot.

A guideline... in a day, see to it that it never exceeds 0.5 % for each standard lot.

For example, if you want to trade gbpusd short trade, for 100k account, your floating loss should never exceed 500 dollars for 1 standard lot.

Assuming a daily ADR 90 pips for gu, if you trade short after 40 pips move, you can expect 50 pips.

40 pips stop means you can trade 3 to 4 lots, which means 1500 to 2000 dollars loss. You will never violate.

DO NOT TRADE LIKE PERSONAL ACCOUNT.
Intraday only.
  • #627,539
  • Oct 1, 2021 6:12am Oct 1, 2021 6:12am
Quoting genadi
Pat, can you explain why you buy, but not sell BTC?
It js buying at Support zone with multiple rejection

It is just some small scalping trades.
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About to closes it now as it reaches Daily Supply zone and anything can halpen during weekends.



P/S Sorry for late reply as im on camping trip. Be back next week. Not trading GU ATM. Coz it ranges.
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Have a nice weekend and take care

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #627,540
  • Oct 1, 2021 6:13am Oct 1, 2021 6:13am
As the oak said the move will big. Ill goes more higher
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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