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Cable Update (GBPUSD)

  • #639,821
  • Nov 17, 2021 11:05am Nov 17, 2021 11:05am
Quoting montygoldy
{quote} for this trade my tp is 20 plus pips.... lets go bulls time to fly..... i have a gut feeling today daily will close big green
Thats a tp hit….. 28 pips….back to normal extreme scalping
Extreme gut feeling trader
  • #639,822
  • Nov 17, 2021 11:05am Nov 17, 2021 11:05am
Quoting EngrTetle
{quote} cool winnings,u got some funds to throw around...nice idea though but my style of trading lets my trade run for weeks even and like 95%.it always hits the T.P

It is not the account size that mattes.

If you remember to hold to good MM, you will have good chance to survival, in the markets.

Don't be afraid to take losses. Be smart with handling the market. Handle you account with care.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,823
  • Nov 17, 2021 11:08am Nov 17, 2021 11:08am
Quoting Pat Chiko
{quote} It is not the account size that mattes. If you remember to hold to good MM, you will have good chance to survival, in the markets. Don't be afraid to take losses. Be smart with handling the market. Handle you account with care. {image}
Golden rule….
Extreme gut feeling trader
  • #639,824
  • Nov 17, 2021 11:13am Nov 17, 2021 11:13am
780 pips underwater hope i dont get the benz getting to the surface
  • #639,825
  • Nov 17, 2021 11:20am Nov 17, 2021 11:20am
How to get all live commodity prices? Or which platfrom offers everything?
Any ideas? Just want to study commodity.
  • #639,826
  • Nov 17, 2021 11:21am Nov 17, 2021 11:21am
Quoting montygoldy
{quote} Thats a tp hit….. 28 pips….back to normal extreme scalping

Last 100M dash.. You're not running with me to finish line ?.


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,827
  • Nov 17, 2021 11:24am Nov 17, 2021 11:24am
Quoting Pat Chiko
{quote} It is not the account size that mattes. If you remember to hold to good MM, you will have good chance to survival, in the markets. Don't be afraid to take losses. Be smart with handling the market. Handle you account with care. {image}
Mr. Pat Chiko How do you know so fast that the setup is working for you to add positions? Also how do you know so fast that the position isnt working for you and cut losses fast? And, sometimes after you add position and if underwater on several positions how do you hold your nerve to still be holding the positions? Are these all just a factor of experience with your setup and repetition?
  • #639,828
  • Nov 17, 2021 11:26am Nov 17, 2021 11:26am
Quoting Pat Chiko
{quote} Last 100M dash.. You're not running with me to finish line ?. {image}
Aah nah i am with you now scalping long…
Extreme gut feeling trader
  • #639,829
  • Nov 17, 2021 11:28am Nov 17, 2021 11:28am
2 slow to me, i need more more more till crash
  • #639,830
  • Nov 17, 2021 11:30am Nov 17, 2021 11:30am
Quoting Ihlas
How to get all live commodity prices? Or which platfrom offers everything? Any ideas? Just want to study commodity.
Tradingview? Take a look maybe it will satisfy your needs
(I added a lot of things, but I only trade oil and gold)
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Air force
  • #639,831
  • Nov 17, 2021 11:31am Nov 17, 2021 11:31am
Quoting stjoeforex
{quote}[/i][/u][/b] Pat, the end of your statement is what my problem is... After losing so much money over the years & my wife laughing at me & the thought of me doing this full time is what has made me change from being a long time term trader to scalping. Now I'm actually making money! I also have to learn to trust my trading system with the indiactors. But I still jump out too early sometimes (like today) when I misjudge on when I should trust my trading plan or my eyes/gut... The issue is I'm...

Hi Mr. Thomas.

Wish you a very good morning. ( Hope you're not in the usual robe)....lol

Ok back to business.

First off - don't get freaked out!

Confidence is the biggest requirement for any trading system or style.
Without it, you will fail regardless of how good your system is or isn't.

What moves the market may change over time; and the dominant driving currencies may change over time; but the underlying mechanics of the market will never change regardless of all else.

If you are a intra-day or swinger, your style or system may need to adjust to a changing market based on world events or sentiments - but I would never be as arrogant to tell someone that they must scrap their entire system and start over.

Adjust your system as the market adjusts, and you should never have to "invent" a new system.

Trade smart- watch for trend re-directions.
Markets can become biased quickly.
Trust your indicators and don't try to out guess them which is a huge temptation for seasoned traders that feel they know the market or currency pair well enough.

If you are a scalper - well, what goes up must come down and vice-versa! (even if it's only 20 pips!)

Lastly, you are the best judge of your trading system/style.
No one else can determine what will or won't work best for you as a trader.

It's best to develop a "confidence system" - which is a little "self check" of your confidence level of the position you are about to enter. Low confidence - trade light and use tighter stops - more confidence - heavier entry - loosers stops.

Over time traders know(whether they recognize it or not) when a position is golden or may turn on them.

Believe in your self - believe in your system - there is no reason you can't succeed regardless of what others may say.

Wishing you all the best Mr. Thomas.

P/s Don't forget to rake the leaves today.


Best Wishes

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,832
  • Nov 17, 2021 11:41am Nov 17, 2021 11:41am
Quoting Robinhood1
{quote} If euraud does not go higher, the target is around 15340 shorting. The higher it goes the lower will the target be. {image}
Closed at 15575, 140 pips total profit on 2 trades. Nice.
Are you in short?
  • #639,833
  • Nov 17, 2021 11:42am Nov 17, 2021 11:42am
Quoting W0lfram
{quote} Tradingview? Take a look maybe it will satisfy your needs (I added a lot of things, but I only trade oil and gold){image}
Thanks Aleksandr. I will have a look. Sure it will satisfy
  • #639,834
  • Nov 17, 2021 11:44am Nov 17, 2021 11:44am
Quoting mysterio
{quote} it is likely to get there unfortunately i'm out of all positions think I secured about 20 pips only
will load up short in the upcoming zone
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  • #639,835
  • Nov 17, 2021 11:44am Nov 17, 2021 11:44am
Quoting alwaysloser
{quote} Mr. Pat Chiko How do you know so fast that the setup is working for you to add positions? Also how do you know so fast that the position isnt working for you and cut losses fast? And, sometimes after you add position and if underwater on several positions how do you hold your nerve to still be holding the positions? Are these all just a factor of experience with your setup and repetition?

Stop Loss and S& R Level price rejection.

Look at the candle on H1 or M30 as it develop at the S&R Level.

S& R level is my key to trading strategy. The rest is just some add on item.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,836
  • Nov 17, 2021 11:45am Nov 17, 2021 11:45am
Quoting mysterio
{quote} will load up short in the upcoming zone {image}
Hi Bro.

this is just for you.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,837
  • Nov 17, 2021 11:49am Nov 17, 2021 11:49am
Quoting Pat Chiko
{quote} Hi Bro. this is just for you. {image}
Haha, absolutely

Scotland is the most badass country, not even the Romans could conquer us
  • #639,838
  • Nov 17, 2021 11:58am Nov 17, 2021 11:58am
Finally sat down, have to re-cap all interesting advise Pat has posted.
Thank you. Value your info.

More talks starting to apear about possible interest rate rise in December, not again!
I really need to touch 133, then I'will be ready to long.
There is always 50/50, what if not?
Rate gossip will push gbp up.

Wages up by circa 2%, inflation increased to 4.2%.

https://www.theguardian.com/business...-business-live

What do you think?
  • #639,839
  • Nov 17, 2021 12:01pm Nov 17, 2021 12:01pm
Quoting Nordling00
{quote} Well we are in a pandemic and also facing a supply chain crisis. What did you expect? Let's say they acted on the inflation and lowered it, then you would face with high unemployment numbers. After all, it comes down to your preference. Do you want high unemployment or high inflation? Choose one until the pandemic and the supply chain crisis are over.
There is no supply chain crisis ,there is extraordinary demand ,when our countries are being flooded with currency what to expect ?
This is not an emergency period where you let things run that hot while continuing to stoke it ,honestly stay off the establishment kool-aid
They should have acted 2 meetings ago at least ,inflation runs double target coming from 0 with rates at 0%

you can't afford to let the psyche set in
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #639,840
  • Nov 17, 2021 12:02pm Nov 17, 2021 12:02pm
Quoting mysterio
{quote} Haha, absolutely Scotland is the most badass country, not even the Romans could conquer us

Scottish are similar to european style, kind and honest.
Also very intelligent (Uni's are free for residents and Europeans).
Are they sexy too?
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