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Cable Update (GBPUSD)

  • #680,661
  • Sep 3, 2022 3:34pm Sep 3, 2022 3:34pm
Reading all these last posts I see that there are some good people in this thread. Thats cool! Keep it up (don’t forget some healthy troll tho)
How to succeed in zero sum game?
  • #680,662
  • Sep 3, 2022 3:48pm Sep 3, 2022 3:48pm
Risk Management is the most important aspect in trading. I will only risk 1% of total capital in hopes to potentially make 2-3% on any given trade. I take a trade based on when my trading plan tells me to execute. The Pound/Dollar seem to still have massive sell pressure in the market and it doesn't look to be slowing down. When price got this low in march 2020, they released a bunch of stimulus to help keep the value up which worked for about a year. Butttttttt now GU is headed back down to that 1.1500 area but I don't believe Britain has the resources to do anything to push price up now, seems like they are rolling around in their own muck now lol. What do y'all think
  • #680,663
  • Sep 3, 2022 3:55pm Sep 3, 2022 3:55pm
Quoting dempire1
{quote} dude its easy to hold 10 demo lots over the weekend lol
well thats not demo thou...The reason behind my negative holding is due to the putin gas halt thing or would be reached my target , but its actully good that the downfall actually gave confirmation of ABC pattern , lets see , if my analysis is good i expecting these on next week.. also MONDAY - bank holiday for US n CANADA(less volume and high volatility) ,also we got results on uk summer-long campaign . lets see how it goes...
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  • #680,664
  • Sep 3, 2022 3:55pm Sep 3, 2022 3:55pm
Quoting buffedmage
we all here for trading afterall , losses are part of the game , no need to regret for the loss you make ( i mean there are few people who start to shiting at you when you make loss as if they are perfect trader wtihout loss)just ignore such kinda people ..that will help you to move forward ..
who is/are those people?
How to succeed in zero sum game?
  • #680,665
  • Sep 3, 2022 3:58pm Sep 3, 2022 3:58pm
Quoting dempire1
{quote} who is/are those people?
,
well, not so sure if i saw such people here..but i said that in General ...like i have bad days back then on my school days , also i was been a victim of bullying , so i said these , as i understand the pain ...
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  • #680,666
  • Edited 5:28pm Sep 3, 2022 4:37pm | Edited 5:28pm
Quoting buffedmage
{quote} well thats not demo thou...The reason behind my negative holding is due to the putin gas halt thing or would be reached my target , but its actully good that the downfall actually gave confirmation of ABC pattern , lets see , if my analysis is good i expecting these on next week.. also MONDAY - bank holiday for US n CANADA(less volume and high volatility) ,also we got results on uk summer-long campaign . lets see how it goes... {image} {image}
and also its looks like a bearish cypher in making(not sure if it is ) ...lets see what next week got..if this the case ,then sell at D
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  • #680,667
  • Sep 3, 2022 5:47pm Sep 3, 2022 5:47pm
Quoting buffedmage
{quote} and also its looks like a bearish cypher in making(not sure if it is ) ...lets see what next week got..if this the case ,then sell at D {image}
Here you go -on 15m ... I hope this give idea of what I'm saying ... This what I'm expecting for next upcoming weeks
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  • #680,668
  • Sep 3, 2022 6:50pm Sep 3, 2022 6:50pm
I suppose really that anything is possible, so make sure you are protected.

The Pound to Dollar rate reached an all-time low of $1.054 on 25th Feb 1985.
The fall in the rate was more a function of US Dollar strength than British Pound weakness.
A doubling in the oil price led to high inflation in the 1980s. To combat inflation, the US Federal Reserve raised interest rates above 20%. This led to huge international capital inflows into the US and a surge in the value of the Dollar.
  • #680,669
  • Sep 3, 2022 8:25pm Sep 3, 2022 8:25pm
Quoting donfriday
{quote} Coreg why is he leaving ?
Good question.
Intraday only.
  • #680,670
  • Edited 9:37pm Sep 3, 2022 8:34pm | Edited 9:37pm
Quoting donfriday
{quote} Coreg why is he leaving ?
It can be due to anything.
- Friday was loosing day
- Last week was loosing week
- August was loosing month
- His analysis always went wrong.
- Mentally down.
- Psychologically down

But remember, We all are grown up. Not kids anymore.

To be successful in trading, strong mentality, Phycology is more important than TA.

So, do not worry for what happened.
If he needs he will come back. At least for chatting.
Intraday only.
  • #680,671
  • Sep 3, 2022 10:31pm Sep 3, 2022 10:31pm
Wow I was put on ignore by a close friend and I have no idea why
  • #680,672
  • Sep 3, 2022 10:37pm Sep 3, 2022 10:37pm
Bear pressure intact for last support 1407 and likely more down before pullback in monthly tf, same h4 tf too.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #680,673
  • Sep 3, 2022 11:15pm Sep 3, 2022 11:15pm
Quoting eyefeelsix
{quote} prejudice it's not good. what i'm saying is that the data and facts that I got from you guys, so you don't have to dodge, as well as 0.02 lot trying to recover it with 1 lot ( 50* multiplied is crazy ) because I know what you are doing, so you don't need to dodge too ( donfriday ) about credentials, Inconsistent trading lots I have explained from the beginning at point #1 ( more higher your lot to recover a fails trade, which means the smaller your trading space...
stay friendThere are people from all over the world with different thoughts and opinions, and they all have their own opinions, and sometimes they unknowingly express them incorrectly. This thread is really cold without you
There is nothing wrong with being kind & loving to each other
  • #680,674
  • Sep 3, 2022 11:18pm Sep 3, 2022 11:18pm
important events next week

  1. uk monetary policy
  2. ecb monetary policy / rate hike
  3. uk pm

so Wednesday ans Thursday will be very volatile

if there are any more please add them to this list

  • #680,675
  • Sep 3, 2022 11:20pm Sep 3, 2022 11:20pm
Quoting RaHaG0D
{quote} stay friendThere are people from all over the world with different thoughts and opinions, and they all have their own opinions, and sometimes they unknowingly express them incorrectly. This thread is really cold without you
this thread doesn’t like weak people #wolfs
How to succeed in zero sum game?
  • #680,676
  • Sep 3, 2022 11:37pm Sep 3, 2022 11:37pm
Quoting dempire1
{quote} this thread doesn’t like weak people #wolfs
?????????????????????????!!!!!!!!!!!!!!!!!!!!!!!!!!!!
There is nothing wrong with being kind & loving to each other
  • #680,677
  • Edited Sep 4, 2022 12:07am Sep 3, 2022 11:41pm | Edited Sep 4, 2022 12:07am
Quoting PatienceFx
Wow I was put on ignore by a close friend and I have no idea why
Putting someone on Ignore and removing from buddy list shows the level of immaturity they have.
I am strongly against this.
Multi cultural and multi national people post here.
So it differs between people.
What is shocking to me when I was lin my home country is no more a shock after I moved to Canada
Intraday only.
  • #680,678
  • Sep 4, 2022 12:03am Sep 4, 2022 12:03am
Quoting PatienceFx
Wow I was put on ignore by a close friend and I have no idea why
Your “close friend” is on forex factory ? What the fuck bruh? So if I ask you in real life who is your closest friend you mean to tell me some dude on forex factory ?
Master your mind. Master Trading.
  • #680,679
  • Sep 4, 2022 12:23am Sep 4, 2022 12:23am
Quoting dempire1
{quote} this thread doesn’t like weak people #wolfs

if u are not strong you cannot survive public forum or social media example Twitter, you will be troll so badly by the time u check the fellow doesn’t worth the banter, I’ve been online for 20 years I know how this internet can be affect us mentally and physically, you need to be strong and fight for urself at every challenge cus nobody is ur friend but ur strength.
MY OPINION NOT FINANCIAL ADVISE
  • #680,680
  • Sep 4, 2022 12:29am Sep 4, 2022 12:29am
It's my opinion that these threads are 99% opinions 1% fact, the trouble seems to be, that when people write posts it comes across that it is a fact which is taken to heart, maybe start with "it's my opinion".....but thats just my opinion
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