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Cable Update (GBPUSD)

  • #644,021
  • Dec 8, 2021 10:08am Dec 8, 2021 10:08am
Quoting Pat Chiko
{quote} Only one more things for me to do yet before retire from trading. {image} Reaching out as many as possible
+1
  • #644,022
  • Dec 8, 2021 10:09am Dec 8, 2021 10:09am
Quoting Pat Chiko
{quote} Simple maths When he bet small money , he win a lot of pips. But when he bet big money, he loss small pips He lost money on big bet ( but small pips count) But win money on small bet ( but big pips) End result money depleting, pips incrreasing.
But going through his history statement, he does have some huge losses like there is one he lost 23,000 something like that.
  • #644,023
  • Dec 8, 2021 10:11am Dec 8, 2021 10:11am
Quoting Techanalyst
{quote} But going through his history statement, he does have some huge losses like there is one he lost 23,000 something like that.
Attached Image
  • #644,024
  • Dec 8, 2021 10:11am Dec 8, 2021 10:11am
Quoting MrFanciful
{quote} Down from £1240 on Friday morning to £334 now. All my trades are max of 2% risk. I'm just getting loads and loads of buy signals in my indicators and price action. I can't see the sells. I can't cope much longer.
We all go through these periods. Back in the beginning of February I was on a streak, my account was up 13%, which may not be much to most but this is only my second year full time trading. I put some more into my account to increase my lot sizes, immediately lost the additional funds within 2 weeks. I pushed through into april but by that point I was down several thousand, there were green days but my draw downs were just too much. I stopped trading and stepped away completely to regroup. Sometimes you need to walk away to remember, while this is a job for many of us and it's important to make those pips, life is more important. This should not be your primary focus, you get hyper focused on this and you wont trade as well because your ego gets involved.
  • #644,025
  • Dec 8, 2021 10:12am Dec 8, 2021 10:12am
SHORT 1.3215 no tp no sl
  • #644,026
  • Dec 8, 2021 10:12am Dec 8, 2021 10:12am
sold GU 1.3220
  • #644,027
  • Dec 8, 2021 10:12am Dec 8, 2021 10:12am
Do people know that we can literally give ourselves a college education for free nowadays with today's technology? Library Genesis saved my wallet so many times during uni, it's literally free textbooks and academic papers. Combine that with publicly available syllabi and there ya go!
Trying my best.
  • #644,028
  • Dec 8, 2021 10:12am Dec 8, 2021 10:12am
Quoting Waveskierrob
SHORT 1.3215 no tp no sl
  • #644,029
  • Dec 8, 2021 10:13am Dec 8, 2021 10:13am
Quoting Techanalyst
{quote} But going through his history statement, he does have some huge losses like there is one he lost 23,000 something like that.
You're trying to grab onto a straw. We already know your level. Whatever you do now, it will work against you.
  • #644,030
  • Dec 8, 2021 10:17am Dec 8, 2021 10:17am
Wow you guys are shorting it again? I hope my long positions is doing good... is there any chance to reach previous day's high sooner?
  • #644,031
  • Dec 8, 2021 10:17am Dec 8, 2021 10:17am
Quoting forex-wolf
{quote} You're trying to grab onto a straw. We already know your level. Whatever you do now, it will work against you.

we have result already
MY OPINION NOT FINANCIAL ADVISE
  • #644,032
  • Dec 8, 2021 10:17am Dec 8, 2021 10:17am
Quoting 3xtazzy
Wow you guys are shorting it again? I hope my long positions is doing good... is there any chance to reach previous day's high sooner?
yes. here is always a chance
  • #644,033
  • Dec 8, 2021 10:20am Dec 8, 2021 10:20am
Price has now broken out.
Monopoly Money Trader
  • #644,034
  • Dec 8, 2021 10:21am Dec 8, 2021 10:21am
Quoting Pat Chiko
{quote} Simple maths When he bet small money , he win a lot of pips. But when he bet big money, he loss small pips He lost money on big bet ( but small pips count) But win money on small bet ( but big pips) End result money depleting, pips incrreasing.
Best Trade Profit: £2,051

Worst Trade Profit: -£23,874

Yeah he made a big mistake here.
  • #644,035
  • Dec 8, 2021 10:23am Dec 8, 2021 10:23am
added SHORT 1.3231 no tp no sl
  • #644,036
  • Dec 8, 2021 10:25am Dec 8, 2021 10:25am
Quoting genadi
sold GU 1.3220
stopped at 1.3227

7 pips loss

(good chance for haters to tell that i dont know how to trade)
  • #644,037
  • Dec 8, 2021 10:28am Dec 8, 2021 10:28am
From the old man, not technologically clever...
Attached Image (click to enlarge)
Click to Enlarge Name: GBP 12.08 30M.png Size: 118 KB
Always trade your own plan...I don't provide trading signals.
  • #644,038
  • Dec 8, 2021 10:30am Dec 8, 2021 10:30am
finally action ,he's not worried his mum called him for tea anyway
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #644,039
  • Dec 8, 2021 10:31am Dec 8, 2021 10:31am
Quoting Waveskierrob
added SHORT 1.3231 no tp no sl
Sounds interesting. Is there somewhere I can read your approach?
Monopoly Money Trader
  • #644,040
  • Dec 8, 2021 10:31am Dec 8, 2021 10:31am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 38 KB
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