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Cable Update (GBPUSD)

  • #680,021
  • Sep 1, 2022 7:45am Sep 1, 2022 7:45am
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yes yes yes
  • #680,022
  • Sep 1, 2022 7:47am Sep 1, 2022 7:47am
Quoting ForexGoose
{quote} if people actually pay to trade on a demo account, then that is a good scam operation
As long as you're getting paid as a prop trader, who cares where the money comes from. Most brokers B-Book us anyway untill they can take advantage of our trading styles.

I've been paid by both MFF & Finotive without issues. The latter did drop my payout to 25% due to not following their stop loss rules but reintegrated my original pay cut once I aligned my trading with their rules.
Just a Tiger hunting Bulls & Bears.
  • #680,023
  • Sep 1, 2022 7:48am Sep 1, 2022 7:48am
Quoting ForexGoose
{quote} if people actually pay to trade on a demo account, then that is a good scam operation
which part of Canada you live?

In Toronto, we have no scam prop firms.
Intraday only.
  • #680,024
  • Edited 8:12am Sep 1, 2022 7:50am | Edited 8:12am
Quoting Theoak
Short in at 1.1567
Looking for this to retrace to enter short again!
In at 1.1564 +1.1570
Don't trade what you think. Just what you see!!!
  • #680,025
  • Sep 1, 2022 7:50am Sep 1, 2022 7:50am
Quoting mrpips911
{quote} As long as you're getting paid as a prop trader, who cares where the money comes from. Most brokers B-Book us anyway untill they can take advantage of our trading styles. I've been paid by both MFF & Finotive without issues. The latter did drop my payout to 25% due to not following their stop loss rules but reintegrated my original pay cut once I aligned my trading with their rules.
And you know.. there are guys. Negative minded.

Bear with it.

You can not see knowledgeable post unless they experience with it.
Intraday only.
  • #680,026
  • Sep 1, 2022 7:50am Sep 1, 2022 7:50am
Quoting Whale
SL taken… next try 1.1492 or 15m bos else I prefer to donate the money to poor pepole
Wise Decision.....

Intraday Trading is an Art _ hoda
  • #680,027
  • Sep 1, 2022 7:51am Sep 1, 2022 7:51am
Quoting Indiara
{quote} Trade is protected by SL now

My protecting SL got eaten again. So 2 trades today with no win and no loss. I like the 'no loss' with the bad market today. Perhaps the market will settle down tomorrow, we will see
I am neither brave nor stupid...I am just a part time trader
  • #680,028
  • Sep 1, 2022 7:51am Sep 1, 2022 7:51am
Quoting Coreg2004
{quote} RaHaG0d, thank you for your beautiful post. You are cutting the learning curve by a mile. I can see this in your posts (00-20-50-80 method, Sperandeo's 2B, Dow theory, to name a few). Also, working with a mentor is a big plus. We are lucky to have you and @Jolita here. You both bring to this thread not only knowledge but a lot of common sense, and I thank you for it.
Hiiiii Coreg2004I am also grateful for your beautiful postYes, @Jolita is a very skilled person, she is master
There is nothing wrong with being kind & loving to each other
  • #680,029
  • Sep 1, 2022 7:51am Sep 1, 2022 7:51am
Quoting ForexGoose
{quote} if people actually pay to trade on a demo account, then that is a good scam operation
I'm also trading with Prop Firm. I got payout 10,000$ from my only 350$ investment by challenge 50K account. Who care if they scam or give me demo account since they payout every successful traders?
With courage, patience, and discipline, success is a matter of time.
  • #680,030
  • Sep 1, 2022 7:53am Sep 1, 2022 7:53am
Quoting Mitiblotch
{quote} Round numbers work a lot. Mix with experience and it's a trading strategy on its own. By the way, your chart won again. I hate you! Lol
Miti, sometimes even I'm right and the market goes my way.
Always trade your own plan...I don't provide trading signals.
  • #680,031
  • Sep 1, 2022 7:59am Sep 1, 2022 7:59am
Quoting JameRomeo168
{quote} I'm also trading with Prop Firm. I got payout 10,000$ from my only 350$ investment by challenge 50K account. Who care if they scam or give me demo account since they payout every successful traders?
it is an investment offered by a firm that is not registered to advise or invest? that is illegal in most developed countries such as the USA and Canada

the matter is more complicated if the prop firm operates as an unregulated forex broker, which is also illegal in most developed countries such as the USA and Canada
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #680,032
  • Sep 1, 2022 7:59am Sep 1, 2022 7:59am
Good Nitez
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  • #680,033
  • Sep 1, 2022 8:04am Sep 1, 2022 8:04am
Quoting ForexGoose
{quote} it is an investment offered by a firm that is not registered to advise or invest? that is illegal in most developed countries such as the USA and Canada the matter is more complicated if the prop firm operates as an unregulated forex broker, which is also illegal in most developed countries such as the USA and Canada
As I said, I already got payout 10,000$ plus my initial fee 350$ into my bank account so:
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With courage, patience, and discipline, success is a matter of time.
  • #680,034
  • Sep 1, 2022 8:06am Sep 1, 2022 8:06am
Quoting ForexGoose
{quote} it is an investment offered by a firm that is not registered to advise or invest? that is illegal in most developed countries such as the USA and Canada the matter is more complicated if the prop firm operates as an unregulated forex broker, which is also illegal in most developed countries such as the USA and Canada
Most forext brokers are not regulated in the US nor offer services to US citizens. Does that make them illegal? They are regulated elsewhere and that is enough.

When that chf drop happened a few years ago some brokers got wrecked. Regulation didn't save them nor their customers.
  • #680,035
  • Sep 1, 2022 8:06am Sep 1, 2022 8:06am
Hope this is reversal zone...
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Intraday Trading is an Art _ hoda
  • #680,036
  • Sep 1, 2022 8:08am Sep 1, 2022 8:08am
Quoting hoda
Hope this is reversal zone... {image}
We pray.
  • #680,037
  • Sep 1, 2022 8:11am Sep 1, 2022 8:11am
Now, one can wait for 1700 zone.

Right ?

I hope so.
Intraday only.
  • #680,038
  • Sep 1, 2022 8:11am Sep 1, 2022 8:11am
closed all..reopen with tiny lots
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  • #680,039
  • Sep 1, 2022 8:13am Sep 1, 2022 8:13am
Quoting Mitiblotch
{quote} Most forext brokers are not regulated in the US nor offer services to US citizens. Does that make them illegal? They are regulated elsewhere and that is enough. When that chf drop happened a few years ago some brokers got wrecked. Regulation didn't save them nor their customers.
One of regulated broker in my country scammed around 2000 investors with nearly 60 million dollars and the regulator cannot save 100% of investor's capital. So in my conclusion, regulators or authorities cannot save us from losing money but our WISDOM
With courage, patience, and discipline, success is a matter of time.
  • #680,040
  • Sep 1, 2022 8:15am Sep 1, 2022 8:15am
we work so much, soon the 4 pm report and all will be so simple !? now all is from 50 to 82
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