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Cable Update (GBPUSD)

  • #684,681
  • Sep 16, 2022 12:05pm Sep 16, 2022 12:05pm
Quoting DrDave
{quote} Every down trend has rallies. So when the down trend is on a really big TF, the rallies are going to cover a LOT of pips--hundreds to even thousands. So you should be able to see why a long-term trader is willing to stay in negative longs when in a big TF down trend.
No matter what we say he won't understand. He is just here to troll people. But i will play with him like i played with all the other trolls who can't post live trades but naysay in this thread
You have to have an IQ higher than 90 to interact with this user.
  • #684,682
  • Sep 16, 2022 12:08pm Sep 16, 2022 12:08pm
Quoting DrDave
{quote} Every down trend has rallies. So when the down trend is on a really big TF, the rallies are going to cover a LOT of pips--hundreds to even thousands. So you should be able to see why a long-term trader is willing to stay in negative longs when in a big TF down trend.
This is a foolish way of trading as there are much smarter ways of profiting. Most of his trades I have seen on here have been nothing but negative pips! So if losing money like this is considered trading then speak no more. The smart ones move with the market not against it. Sitting there and adding more underwater positions in hopes of the price magically pumping thousands of pips is the most ludicrous thing I’ve heard on here in years
Master your mind. Master Trading.
  • #684,683
  • Sep 16, 2022 12:12pm Sep 16, 2022 12:12pm
Quoting Nordling
{quote} Yeah and i sold GU and EU for over a year, but now it is time to buy again. And come on, i make 500-600 pips normally. Staying 100 pips underwater is nothing for a position trader like me. When FED announces rates next week and USD pullsback, we will see who will close his positions positive. Trends can always reverse and change. I rather let my trades for speak for themselves, my TE already says it all. So let's wait and see. I have no time to trash talk with you loser.
My positions will be closed well deep in profit before any pull back of any kind then I go back short again like always!
Master your mind. Master Trading.
  • #684,684
  • Sep 16, 2022 12:12pm Sep 16, 2022 12:12pm
Quoting DrDave
{quote} Every down trend has rallies. So when the down trend is on a really big TF, the rallies are going to cover a LOT of pips--hundreds to even thousands. So you should be able to see why a long-term trader is willing to stay in negative longs when in a big TF down trend.
If you look at GBPUSD MN4, the current down swing is highly likely the end of a down trend. So for that swing to ACTUALLY end, smaller TFs MUST go into up trends.

W1 made an attempt in July-August but failed.

D2 is making an attempt this week, but it's looking like it is going to fail, too.

But every one of these attempts to go into up trends is an opportunity to look for valid buy set ups, despite the fact that MN4 is still in a down trend.
To free Gazans of Hamas, use whatever it takes.
  • #684,685
  • Sep 16, 2022 12:13pm Sep 16, 2022 12:13pm
Quoting KareemAliFx
{quote} I’m not either not sure what scalping has to do with this ? You hold underwater Gbpusd positions like it’s a good thing I’m confused? You hold longs in a clear down trend a down trend in which has lasted for over a year
You must understand that when one is comfortable and confident they think price will go overall, a bit of draw down is not going scare that trader.
  • #684,686
  • Sep 16, 2022 12:15pm Sep 16, 2022 12:15pm
Quoting KareemAliFx
{quote} My positions will be closed well deep in profit before any pull back of any kind then I go back short again like always!
Good. Show us and prove it.
You have to have an IQ higher than 90 to interact with this user.
  • #684,687
  • Sep 16, 2022 12:15pm Sep 16, 2022 12:15pm
I am done for today I am going to enjoy some of my profits and I start this by always smoking a fat blunt enjoy the weekend! Cheers all
Master your mind. Master Trading.
  • #684,688
  • Sep 16, 2022 12:16pm Sep 16, 2022 12:16pm
Quoting KareemAliFx
{quote} This is a foolish way of trading as there are much smarter ways of profiting. Most of his trades I have seen on here have been nothing but negative pips! So if losing money like this is considered trading then speak no more. The smart ones move with the market not against it. Sitting there and adding more underwater positions in hopes of the price magically pumping thousands of pips is the most ludicrous thing I’ve heard on here in years
My win rate is 65% with 2:1 risk reward, you can find it on my TE page
You have to have an IQ higher than 90 to interact with this user.
  • #684,689
  • Sep 16, 2022 12:18pm Sep 16, 2022 12:18pm
Quoting Nordling
{quote} My win rate is 65% with 2:1 risk reward, you can find it on my TE page
I say this and then I will go enjoy my weekend…… YOUR TE IS FAKE FXBOOK CAN BE EASILY MANIPULATED FOOL WHOEVER YOU WANT BUT NOT ME ANYWAY I GO ENJOY MY WEEKEND NOW !
Master your mind. Master Trading.
  • #684,690
  • Sep 16, 2022 12:19pm Sep 16, 2022 12:19pm
Quoting sharingan9
{quote} You must understand that when one is comfortable and confident they think price will go overall, a bit of draw down is not going scare that trader.
And said trader will have a sound money management system with a calculated amount of money at risk that he is willing to say good-bye to should something unusual occur that sinks that position.
To free Gazans of Hamas, use whatever it takes.
  • #684,691
  • Sep 16, 2022 12:19pm Sep 16, 2022 12:19pm
Quoting Pat Chiko
{quote} Hi Jolita..... (your name pronounce in Malay languange "Jelita" means Beautiful){image} BTW, how come Mr Beckham wait only 8 hours, does he got special pass from the Palace ?. The rest have to wait 24 hour.... {image}

Thank you, yes, I've been lucky with my name it is beutiful. In the UK people call me Dzolita, but is pronounced Yolita.

Mr Beckham has special people agents queing for him
  • #684,692
  • Sep 16, 2022 12:20pm Sep 16, 2022 12:20pm
Quoting Wavegarrick
{quote} Gu has had a relentless year long onslaught not seen in many years and I guess Brexit can be to blame for this. I simply cannot see it go down much further and we are heading towards the final quarter of the year. Hang in Navin Cheers.
Anyway Folks,
I wait to see how the US will survive with the Dollar at multi year highs. Exports become a problem and without enough money coming into the Us, how will it affect the job market and the economy?. I hate to see how the lend lease program in Ukraine will be with the dollar at multi year highs. There are a lot of questions and I hope some answers.
My current situation is a mix and match, but I am surviving and I don't post trade entries until I get confirmation.
Keep it together Folks;
We are at critical levels.
Cheers.
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Trade to trade another day
  • #684,693
  • Sep 16, 2022 12:20pm Sep 16, 2022 12:20pm
Quoting KareemAliFx
{quote} I say this and then I will go enjoy my weekend…… YOUR TE IS FAKE FXBOOK CAN BE EASILY MANIPULATED FOOL WHOEVER YOU WANT BUT NOT ME ANYWAY I GO ENJOY MY WEEKEND NOW !
LOL
To free Gazans of Hamas, use whatever it takes.
  • #684,694
  • Sep 16, 2022 12:22pm Sep 16, 2022 12:22pm
Quoting Nordling
{quote} My win rate is 65% with 2:1 risk reward, you can find it on my TE page
I really got a good laugh from someone that actually thinks that a trader with a 65% success rate would be gleefully wasting his time hacking his own account to "make it look good".
To free Gazans of Hamas, use whatever it takes.
  • #684,695
  • Sep 16, 2022 12:23pm Sep 16, 2022 12:23pm
Quoting KareemAliFx
{quote} This is a foolish way of trading as there are much smarter ways of profiting. Most of his trades I have seen on here have been nothing but negative pips! So if losing money like this is considered trading then speak no more. The smart ones move with the market not against it. Sitting there and adding more underwater positions in hopes of the price magically pumping thousands of pips is the most ludicrous thing I’ve heard on here in years
Thank you for sharing your trade ideas and view as to be on the road to success.
Just want to share my thought on your post.

What does trading edge show us?
The life and death of a trend.
Same as TA seeks to predict, same as fundies, same as order flow can, same as etc etc.
You're right......."The smart ones move with the market"
And it reveals the answer we're looking for.

So why do losers lose?

- In ranging markets their strategy is as good as random.
- In trending markets their strategy is on the wrong side of the tracks.
- And in all markets, they'll let their risk be a function of their own trading success or failure rather than a function of market conditions. Naval-gazing.
Or in this case, naval-trading

"Seriously, what kind of a trades like this?"
Answer? Most retail traders, so I don't want to be one of them.

Thanks for sharing your trades.

Have a great weekends & Stay Safe.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #684,696
  • Sep 16, 2022 12:29pm Sep 16, 2022 12:29pm
Quoting Nordling
{quote} Good. Show us and prove it.
Yes. And here is over, he dont show anything becouse probably have nothing, so must trolling you and when your positions go with profit and then good and then huge profit he disapper like anyone before, keep up good work buddy, green pips
People don't plan to lose. They lose because they don't plan.
  • #684,697
  • Sep 16, 2022 12:29pm Sep 16, 2022 12:29pm
Quoting Jolita
{quote} Thank you, yes, I've been lucky with my name it is beutiful. In the UK people call me Dzolita, but is pronounced Yolita. Mr Beckham has special people agents queing for him
Keep it that way....... Beautiful Inside and Outside.

BTW,
I would like to pull back my bad accusation to Mr Beckham.
He did queue the whole length as others.

Hope someone can extend my apology to Mr Beckham.
Here's the truth.
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Anyone from UK, can meet Mr Beckham personally ?
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #684,698
  • Sep 16, 2022 12:45pm Sep 16, 2022 12:45pm
Quoting Pat Chiko
{quote} Keep it that way....... Beautiful Inside and Outside. BTW, I would like to pull back my bad accusation to Mr Beckham. He did queue the whole length as others. Hope someone can extend my apology to Mr Beckham. Here's the truth.{image} Anyone from UK, can meet Mr Beckham personally ?
Yea drink with him all the time down here in Salcombe...here's when he toasted to me being "the best trader ever 3.0", he was on shorts I stayed on the pints...bloody lightweight
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  • #684,699
  • Sep 16, 2022 12:53pm Sep 16, 2022 12:53pm
Quoting Waveskierrob
{quote} Yea drink with him all the time down here in Salcombe...here's when he toasted to me being "the best trader ever 3.0", he was on shorts I stayed on the pints...bloody lightweight {image}
Of course he got to take it in short. (assuming at Creeks End ?)
The reason being.........
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #684,700
  • Sep 16, 2022 12:54pm Sep 16, 2022 12:54pm
Quoting TheHunting
{quote} When I let the positions to make more profits it turns against me , And when I close positions with small profits the price continues its way to my target This is my main problem .
Welcome to the club, think about this, is it easier to make a 100 pip trade or make 100 1 pip trades, please give it some serious thought
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