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Cable Update (GBPUSD)

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  • Post #676,061
  • Quote
  • Aug 16, 2022 3:19pm Aug 16, 2022 3:19pm
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 2,613 Posts
Quoting Robinhood1
Disliked
{quote} Most lows & highs are missing on MT4/5, so no indicator works. Members claiming constant profits are corporative scammers. Possibly 99% of regular members posting. The original source is Interbank fx. The lobby who controls MT4/5 is a consortium of brokers, (99%) of the total market founded around 2010 in Greece. Charts are taken from the source and twisted throu , as i said, MT4/5.
Ignored
I wish get money only from posting, If you know someone who pay me for this, im in
People don't plan to lose. They lose because they don't plan.
 
 
  • Post #676,062
  • Quote
  • Aug 16, 2022 3:21pm Aug 16, 2022 3:21pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 9,903 Posts
Quoting Robinhood1
Disliked
{quote} Most lows & highs are missing on MT4/5, so no indicator works. Members claiming constant profits are corporative scammers. Possibly 99% of regular members posting. The original source is Interbank fx. The lobby who controls MT4/5 is a consortium of brokers, (99%) of the total market founded around 2010 in Greece. Charts are taken from the source and twisted throu , as i said, MT4/5.
Ignored
As far as i know, there is only one independent broker. Minimun deposit is 25000$. Mt4/5 mafia cannot trade against their clients obviously. No control.
Tesla 6 & 9
 
 
  • Post #676,063
  • Quote
  • Aug 16, 2022 3:22pm Aug 16, 2022 3:22pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 9,903 Posts
Quoting ScalaFX
Disliked
{quote} I wish get money only from posting, If you know someone who pay me for this, im in
Ignored
You raised your hand up on your own. Thank you. Its always good to know
Tesla 6 & 9
 
1
  • Post #676,064
  • Quote
  • Aug 16, 2022 3:48pm Aug 16, 2022 3:48pm
  •  X0ATrader
  • | Joined Aug 2022 | Status: Junior Member | 2 Posts
GBPUSD chart. Trend this upsend.

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Size: 18 KB
 
1
  • Post #676,065
  • Quote
  • Aug 16, 2022 4:02pm Aug 16, 2022 4:02pm
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,257 Posts
Quoting X0ATrader
Disliked
GBPUSD chart. Trend this upsend. {image}
Ignored
Which chart is this? Price never roughed 2125 today!
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
 
  • Post #676,066
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  • Aug 16, 2022 4:14pm Aug 16, 2022 4:14pm
  •  Chris_35
  • | Joined Aug 2008 | Status: Member | 816 Posts
Decided to do some arithmatic on my trades today and have come to the conclusion that even though I am using a small % of my account, maybe I should trade smaller lots. Maybe because its my money and not Monopoly cash I still find it difficult when the trade goes against me. Then because of this I close the trades too early I end up loosing out. For instance today I closed 6 longs, half of which had gone negative and the other half for small gains because direction changed and I got worried. If I had left my longs in play I would now be about £715 better off, so if I reduce my lots I should not have so much to worry about. With smaller lots I do not have the capacity to make as much, but at least I will make some profits without being tied to the screen all day. Hey-ho, onwards and upwards (or downwards depending on trend).
 
2
  • Post #676,067
  • Quote
  • Aug 16, 2022 4:17pm Aug 16, 2022 4:17pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 9,903 Posts
Quoting TheWolf
Disliked
{quote} I don't know what we are playing against... However, what I did pick up about this "thing" we're playing against is that it has some tendencies. Bigger the sell or buy (in the future), more fuc*Ed up candles will be. Another one is that retracements are always quick, they come as a thunder from sky. Real way is always slow, but it comes little by little, candle by candle. Resistance and support? Great things for banks to liquidate us (our SL's are always 15,20,25 pips under "support" or "resistance". It focused entirely on THE MAJOR happenings...
Ignored
MT4/5 platform: Blue dot, fake low.
Interbank fx source: green dot, true low.
When price returns close to real low it will trigger SL plus break a low, which is "fake" making members dive. This is why we hardly see doble bottoms & tops anymore but they have always been there. Just replaced by extra lows or tops.

Attached Image (click to enlarge)
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Size: 574 KB
Tesla 6 & 9
 
1
  • Post #676,068
  • Quote
  • Aug 16, 2022 4:21pm Aug 16, 2022 4:21pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 9,903 Posts
Quoting Robinhood1
Disliked
{quote} MT4/5 platform: Blue dot, fake low. Interbank fx source: green dot, true low. When price returns close to real low it will trigger SL plus break a low, which is "fake" making members dive. This is why we hardly see doble bottoms & tops anymore but they have always been there. Just replaced by extra lows or tops. {image}
Ignored
After retracing it will go long breaking this recent high 1.91 come back down and this time a real mayor low will form and take a long trend for sometime.
Tesla 6 & 9
 
 
  • Post #676,069
  • Quote
  • Aug 16, 2022 4:27pm Aug 16, 2022 4:27pm
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 2,613 Posts
Quoting Mitiblotch
Disliked
{quote} Which chart is this? Price never roughed 2125 today!
Ignored
My is 1.21179 FxPro
People don't plan to lose. They lose because they don't plan.
 
2
  • Post #676,070
  • Quote
  • Aug 16, 2022 4:31pm Aug 16, 2022 4:31pm
  •  TheWolf
  • Joined May 2022 | Status: I'm Done | 2,577 Posts
It's frustrating..the system I have is good and it should have went long in the morning. It's like they read this forum and are saying okey they all go long let's short guys.. unbelievable. Makes me not to post anything anywhere anymore. Every time I post some trade I lose..and I'm definitely not losing every trade, otherwise I wouldn't waste my time on Forex.
I also think client sentiment is very important. The only time you will see price following majority is if some big shark is going the other way, so they can take his/her money.
 
2
  • Post #676,071
  • Quote
  • Aug 16, 2022 4:35pm Aug 16, 2022 4:35pm
  •  epzero
  • Joined Oct 2019 | Status: Member | 1,003 Posts
Quoting Chris_35
Disliked
Decided to do some arithmatic on my trades today and have come to the conclusion that even though I am using a small % of my account, maybe I should trade smaller lots. Maybe because its my money and not Monopoly cash I still find it difficult when the trade goes against me. Then because of this I close the trades too early I end up loosing out. For instance today I closed 6 longs, half of which had gone negative and the other half for small gains because direction changed and I got worried. If I had left my longs in play I would now be about £715...
Ignored
It isn’t just you , it happens to everyone , once a trade turns negative , we are so in a hurry to close it at the slightest profit because the market has been up and down so when it eventually goes in our direction we can’t afford to miss out on it again , say a trade goes 30pips in your favor and you have a target of 100pips and it goes back -30pips against you , my best bet is that at 40pips profit again you would close that trade
 
2
  • Post #676,072
  • Quote
  • Aug 16, 2022 4:39pm Aug 16, 2022 4:39pm
  •  epzero
  • Joined Oct 2019 | Status: Member | 1,003 Posts
Quoting TheWolf
Disliked
It's frustrating..the system I have is good and it should have went long in the morning. It's like they read this forum and are saying okey they all go long let's short guys.. unbelievable. Makes me not to post anything anywhere anymore. Every time I post some trade I lose..and I'm definitely not losing every trade, otherwise I wouldn't waste my time on Forex. I also think client sentiment is very important. The only time you will see price following majority is if some big shark is going the other way, so they can take his/her money.
Ignored
Lol , what happened today is what happens everyday , if the markets were built to go in one direction until they return and go in the other direction , it everyone would be winning and forex won’t be forex , our entry and exit price control the market with, news effects only allows big players exit or enter thereby giving the market a push
 
1
  • Post #676,073
  • Quote
  • Aug 16, 2022 4:46pm Aug 16, 2022 4:46pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 9,903 Posts
Mt4/5 fake low, blue dot but real doble bottom
Interbank FX true low, green dot.

Pink dot, mayor low.

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Tesla 6 & 9
 
 
  • Post #676,074
  • Quote
  • Aug 16, 2022 4:50pm Aug 16, 2022 4:50pm
  •  montygoldy
  • Joined May 2017 | Status: Intermediate Trader | 2,010 Posts
Still holding my longs…. Tp set 1.21300… lets seee…
Extreme gut feeling trader
MontyGoldy - Road to 100k Return This Week: na
 
1
  • Post #676,075
  • Quote
  • Aug 16, 2022 4:59pm Aug 16, 2022 4:59pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 9,903 Posts
Quoting ScalaFX
Disliked
{quote} My is 1.21179 FxPro
Ignored
That is correct today
Tesla 6 & 9
 
1
  • Post #676,076
  • Quote
  • Aug 16, 2022 5:57pm Aug 16, 2022 5:57pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 5,890 Posts
Keeping my shorts running have set TP to 12065 doubt we will get there overnight unless there is another bearish movement overnight. Will look to make a decision on trend before Uk data and have a tight SL just before it
 
 
  • Post #676,077
  • Quote
  • Aug 16, 2022 5:57pm Aug 16, 2022 5:57pm
  •  Coreg2004
  • Joined Oct 2009 | Status: Member | 2,554 Posts | Online Now
I would already be a millionaire if no one conspired against me, and traded the way I expected them to do. Damn this world.
Always trade your own plan...I don't provide trading signals.
 
8
  • Post #676,078
  • Quote
  • Aug 16, 2022 6:41pm Aug 16, 2022 6:41pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,571 Posts
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1
  • Post #676,079
  • Quote
  • Aug 16, 2022 7:29pm Aug 16, 2022 7:29pm
  •  voeltoez
  • Joined Jul 2011 | Status: $100 per day | 523 Posts
Shorting the pairs ..20p target
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~ Keep Calm and Trade Carefully ~
GBP/USD
 
2
  • Post #676,080
  • Quote
  • Aug 16, 2022 8:03pm Aug 16, 2022 8:03pm
  •  Dr.Zain
  • Joined Sep 2008 | Status: Member | 2,407 Posts
Quoting Coreg2004
Disliked
I would already be a millionaire if no one conspired against me, and traded the way I expected them to do. Damn this world.
Ignored
LOL
 
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