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Cable Update (GBPUSD)

  • #681,061
  • Sep 5, 2022 1:05pm Sep 5, 2022 1:05pm
Quoting buffedmage
{quote} thats where my experience commences...i blown account many times...and learnt from them. also ..the leverage the you take from broker determines here...for eg - if i take a leverage of 100x and my brokers call at 100% i would loose 50% of mycapital
and if you don't wana to loose 50% of the capital - divide the capital into small chunks , for instance 5k into 10 small pieces ...so in this case i would be loosing 50% of 500 ...which is 250 and reaming 4750 is safer in my account

trading is easy - when you know how much you risk and not how big you make...and how longer you last in this game ..in short always look for consistent setup not big rewarding setup ..that's the big lesson i leant when i blown my account
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  • #681,062
  • Sep 5, 2022 1:17pm Sep 5, 2022 1:17pm
Quoting dempire1
{quote} Dude it moved up 60 pips in total. Give it time. Ill let you know when im shorting
Shorting.

Does anyone have a script to execute multiple positions with SL and TP of my own choosing. Much appreciated!
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How to succeed in zero sum game?
  • #681,063
  • Sep 5, 2022 1:19pm Sep 5, 2022 1:19pm
Quoting Waveskierrob
My 4 LONGS underwater BE 1.1537
Still underwater but a little closer to the surface, roll on tomorrow
  • #681,064
  • Sep 5, 2022 1:25pm Sep 5, 2022 1:25pm
Quoting Pat Chiko
{quote} Hey Tony..... Most people in markets love a bearish UK & Europe narrative. But talk of a GBP Balance of Payments crisis is woefully misplaced. Pound still a reserve currency & has seen solid foreign buying of gilts since Covid. Yes things are getting tricky but a long way off a BoP crisis {image} Maybe.......... just maybe..... Support from foreign buyers of GILTs that we saw until first few months of 2022, re-emerges any time soon? (In Truss they Trust ?) Especially when huge GILT issuance is on cards across maturity buckets along with...
It's straightforward, Pat. You raise funds from the lucky profiteers as this is a war situation. An energy war broke the energy markets, but I wonder if she is capable of doing it.
Also, I suspect there are record government tax revenues from the last year's events.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #681,065
  • Sep 5, 2022 1:42pm Sep 5, 2022 1:42pm
Quoting Pat Chiko
{quote} No.. not trading. At Kaya Istanbul Hotel , transit time in Marmara. Flight time is 2.00am. (+3GMT). Walk, Eat, Sleep and walk , read and eat........ Sitting here, reading and commenting on few post to keep up with current updates.
Have fun buddy! I admit this forum is quite addictive, enjoy the banter,
Insane in the Brain..
  • #681,066
  • Sep 5, 2022 1:46pm Sep 5, 2022 1:46pm
1.15150 holding on nicely, its anyones game by now
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No pen no gen
  • #681,067
  • Edited 2:06pm Sep 5, 2022 1:46pm | Edited 2:06pm
Quoting Waveskierrob
{quote} Still underwater but a little closer to the surface, roll on tomorrow

Not All Heroes Wear Capes..........

especially anything related to Aqua man..
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #681,068
  • Sep 5, 2022 1:53pm Sep 5, 2022 1:53pm
Quoting BeeTogether
{quote} Have fun buddy! I admit this forum is quite addictive, enjoy the banter,
Yea...... take a break , have a Kit Kat.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #681,069
  • Sep 5, 2022 1:55pm Sep 5, 2022 1:55pm
Quoting Pat Chiko
{quote} Not All Heroes Wear Capes.......... especially anything related to Aqua man..
Too true....notice I'm not wearing a cape
  • #681,070
  • Sep 5, 2022 1:56pm Sep 5, 2022 1:56pm
Quoting Waveskierrob
{quote} Too true....notice I'm not wearing a cape
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  • #681,071
  • Sep 5, 2022 2:04pm Sep 5, 2022 2:04pm
He took Russia vs Ukraine war personally.
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Helping helpless Ukrainian refugees...massive respect.........
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #681,072
  • Sep 5, 2022 2:13pm Sep 5, 2022 2:13pm
Quoting Pat Chiko
He took Russia vs Ukraine war personally.{image} Helping helpless Ukrainian refugees...massive respect.........
Insane in the Brain..
  • #681,073
  • Sep 5, 2022 2:24pm Sep 5, 2022 2:24pm
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  • #681,074
  • Sep 5, 2022 3:33pm Sep 5, 2022 3:33pm
Quoting buffedmage
{image}
Wow you have much to learn
Master your mind. Master Trading.
  • #681,075
  • Edited 4:22pm Sep 5, 2022 4:12pm | Edited 4:22pm
Quoting KareemAliFx
{quote} Wow you have much to learn
You too got much to learn!

Don't underestimate someone who is holding negative position in starting of trend - mostly people dont see the beginning of trend... That's where institutions take advantage!
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  • #681,076
  • Sep 5, 2022 4:36pm Sep 5, 2022 4:36pm
A qoute we should all follow:
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  • #681,077
  • Sep 5, 2022 4:40pm Sep 5, 2022 4:40pm
Retailers
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  • #681,078
  • Sep 5, 2022 4:51pm Sep 5, 2022 4:51pm
Quoting buffedmage
{quote} You too got much to learn! Don't underestimate someone who is holding negative position in starting of trend - mostly people dont see the beginning of trend... That's where institutions take advantage!
what is your institution’s name?
How to succeed in zero sum game?
  • #681,079
  • Sep 5, 2022 4:55pm Sep 5, 2022 4:55pm
Quoting dempire1
{quote} what is your institution’s name?
I'm not an institutional trader - but what I said was ment to make him understand that - don't celebrate before victory... Celebrate after winning...
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  • #681,080
  • Sep 5, 2022 5:00pm Sep 5, 2022 5:00pm
But that line which i made is true in a way! Most retailers won't see beginning of trend
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