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Cable Update (GBPUSD)

  • #631,581
  • Oct 17, 2021 9:44am Oct 17, 2021 9:44am
Quoting Pat Chiko
{quote} Do you know how many times you've made this CRASHING chanting mantra for the past o e week? Keep on the mantra going Once it drop like a rock. You will definetly beat your drum non stop. I wait for the glorious moment
Haha poor Pat.
You see the top of iceberg, I see the whole picture. Sit quiet. Continue with your basic terms. As I said, this is advanced level
  • #631,582
  • Oct 17, 2021 9:45am Oct 17, 2021 9:45am
Quoting Waveskierrob
{quote} Would I be right in saying B&Q
Might be. Not bad again Better than S&D
  • #631,583
  • Oct 17, 2021 9:47am Oct 17, 2021 9:47am
Is there no embarrassment anymore in the world
  • #631,584
  • Oct 17, 2021 9:48am Oct 17, 2021 9:48am
Quoting Ihlas
No need to teach me anything. You see the top of iceberg, I see the whole picture. I need clarification above-mentioned two places. Make some stories.
YES youre correct

ATM i only see top of iceberg.

As it goes, anything below of iceberg is UNDERWATER.
im not and dont want in those under the iceberg position

PS no offence to whom is seeing under the iceberg now.Sorry.....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #631,585
  • Oct 17, 2021 9:54am Oct 17, 2021 9:54am
Quoting Pat Chiko
{quote} YES youre correct ATM i only see top of iceberg. As it goes, anything below of iceberg is UNDERWATER. im not and dont want in those under the iceberg position PS no offence to whom is seeing under the iceberg now.Sorry.....
At least you are good at jokes. Attend to comedy club, you won't need Adobe tools there
  • #631,586
  • Oct 17, 2021 9:55am Oct 17, 2021 9:55am
Quoting Ihlas
{quote} Haha poor Pat. You see the top of iceberg, I see the whole picture. Sit quiet. Continue with your basic terms. As I said, this is advanced level
YES
agreed with you as my technical is limited to S&R only.

Hope by next year will learn S&D.

Thank you for giving a glimpse of your advance trading mathod here.
Hope you can contribute to assist other to understand the advance method by showing some trade set up next week onwards.

I will learn too, along the way. With some comnent to clarify the set up

Thank you Ihlas
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #631,587
  • Oct 17, 2021 9:57am Oct 17, 2021 9:57am
Quoting Ihlas
{quote} At least you are good at jokes. Attend to comedy club, you won't need Adobe tools there
Please i dont make joke when other trader is in UNDER ICEBERG position (aka underwater)

Its rude, to laugh when other made mitakes
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #631,588
  • Oct 17, 2021 10:01am Oct 17, 2021 10:01am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-10-12 at 12.54.14.png Size: 1.1 MB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #631,589
  • Oct 17, 2021 10:03am Oct 17, 2021 10:03am
Haven't been underwater since last week. New week, new depths
Air force
  • #631,590
  • Oct 17, 2021 10:04am Oct 17, 2021 10:04am
Quoting Ihlas
{quote} That's more advanced terms
I've been long in FF

You're not the first to call on advance method.
All over this forum, the greatest majority of threads started and posts concern means of entering trades only.

Very few of these, or books written on FX trading in general, concern themselves about how to manage a trade once they are in it or when to take profits.

This is where traders begin to fail, and fail miserably, as their emotions kick in and blind clues staring them right in the face get replaced by our overwhelming desire not to ever fail.

Call it anxiety, call it fear, but in the way we are conditioned in society in regards to all other facets of life we bring to the trading platform and causes us to do damage to our accounts.

Im seeing that you like to focus on entty only disregard of drwadown and good MM
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #631,591
  • Oct 17, 2021 10:05am Oct 17, 2021 10:05am
Quoting W0lfram
Haven't been underwater since last week. New week, new depths
Attached Image
  • #631,592
  • Oct 17, 2021 10:06am Oct 17, 2021 10:06am
Quoting W0lfram
Haven't been underwater since last week. New week, new depths
We got new termonogy

It is now called UNDER ICE BERG
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #631,593
  • Oct 17, 2021 10:08am Oct 17, 2021 10:08am
Quoting Pat Chiko
{quote} We got new termonogy It is now called UNDER ICE BERG
Inserted Video
Air force
  • #631,594
  • Oct 17, 2021 10:08am Oct 17, 2021 10:08am
Quoting Bones
{quote} {image}
If that's real, why do you need to sell people indicators for 16 bucks? I smell some fishy stuff here mate.

Big lots, no entries, claiming that bonesometer is the best software... When you add all these things up, the result looks like a scam.

Are you a scam Bones?
You have to have an IQ higher than 90 to interact with this user.
  • #631,595
  • Oct 17, 2021 10:10am Oct 17, 2021 10:10am
Quoting W0lfram
{quote} https://youtu.be/n3k5QlQvdio
  • #631,596
  • Oct 17, 2021 10:10am Oct 17, 2021 10:10am
Quoting W0lfram
{quote} https://youtu.be/n3k5QlQvdio
LOL
these two are trying to commit suiside?

Helll no.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #631,597
  • Oct 17, 2021 10:20am Oct 17, 2021 10:20am
Quoting Ihlas
{quote} And you managed to close everything as always before it went down
And you managed to close everything as always before it went down


Let's talk about exits a little bit. As mentioned by Ihlas earlier. Good point and would like to share my thought on this.

You can master your strategy, you can find really good points to enter, but exits are always hard predicted.

Exits are tough.
The fact is, you can never know the optimal exit point for any trade until it’s over – sometimes it’s best to scalp a quick profit.

Other times you should have exited at a stall at the next support /resistance level.

Other times the move continues and would have been a great trade, if only you’d trailed a stop. It can be very frustrating.

From my own experience i can say that exits are 50% of history statistics which you should do and see the behaviour of your pair, and 50% of your own trading style and psyhology.

For me, there are two ways to exit.

The first is planned to exit at the closest potential area of sup/res, but I’m happy to take profits earlier if price action stalls or reverses.

The second way is to set your target depending on your risk. For example, 1 : 1.5. If you see big move, you can move your TP and see what's going to happen and get more than was planned.

Try to use trailing stop, if you like it, but test it before using.

Is that the best exit strategy?

Sure not, but it works for me – it’s largely optimized for my psychology rather than potential for maximizing profits.

I welcome if anyobe have different view on exit. , but remember that it's impossible to get all the pips from the market.

Take what market gives you, but do it consistently.

Im open for great ideas
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #631,598
  • Oct 17, 2021 10:21am Oct 17, 2021 10:21am
Quoting Nordling00
{quote} If that's real, why do you need to sell people indicators for 16 bucks? I smell some fishy stuff here mate. Big lots, no entries, claiming that bonesometer is the best software... When you add all these things up, the result looks like a scam. Are you a scam Bones?
the software is obviously a joke ,I think we had a software seller in the thread the time.It works by using my eye then manually altering the dial.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #631,599
  • Edited 10:40am Oct 17, 2021 10:26am | Edited 10:40am
Quoting Nordling00
{quote} If that's real, why do you need to sell people indicators for 16 bucks? I smell some fishy stuff here mate. Big lots, no entries, claiming that bonesometer is the best software... When you add all these things up, the result looks like a scam. Are you a scam Bones?
I have nothing to sell ,
that trade is real I have gone larger (my personal max has been around £400 per point I could prove it ,from the past when leverage was higher ) but who cares I guess, which is the other side to posting random account statements
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #631,600
  • Oct 17, 2021 10:32am Oct 17, 2021 10:32am
Quoting Ihlas
Here is the chart, just one of the that I use. Even was posted before the fact. Look and decrypt the chart if you can what's going on? No free pips It's not supply and demand btw {image}
is it this new top secret "Underwater Iceberg Trading System" ? can you buy it or do you have to be in a club with special handshakes or even your own creation, is it anything to do with "Purple Bricks", go on just give us a sneaky taster of what this could do
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