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Cable Update (GBPUSD)

  • #685,261
  • Sep 19, 2022 2:22am Sep 19, 2022 2:22am
Quoting WizardTrade
Wherever you go GU, I am gonna eat the money out of you
in punjabi language GU means potty
  • #685,262
  • Sep 19, 2022 2:24am Sep 19, 2022 2:24am
Quoting Waveskierrob
{quote} In my opinion Brokers are not Bookies they want you to win, make their money on spreads and commissions, you lose money they lose a customer, you win you stay in the game, I could be wrong as nobody knows what really goes on behind the doors
Some do trade against you when you open a trade.
So if you lose, they win.
Exhausted
  • #685,263
  • Sep 19, 2022 2:28am Sep 19, 2022 2:28am
Quoting Elysion
{quote} Some do trade against you when you open a trade. So if you lose, they win.
So how do we know that for sure and why risk for a few lots or micro lots, I don't know that's why I'm asking
  • #685,264
  • Sep 19, 2022 2:28am Sep 19, 2022 2:28am
Quoting Moty
the key for success is never give up {image}
key to success is trade countries not charts
  • #685,265
  • Sep 19, 2022 2:29am Sep 19, 2022 2:29am
1.1377 long
sl 8 pips
tp 1.148 (100 pips)

edit
tp 1.14656
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  • #685,266
  • Sep 19, 2022 2:33am Sep 19, 2022 2:33am
if US president makes comments like this the safe haven currency is ...............
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  • #685,267
  • Sep 19, 2022 2:34am Sep 19, 2022 2:34am
Quoting PatienceFx
if US president makes comments like this the safe haven currency is ............... {image}
so my trade should be ..........
Attached Image (click to enlarge)
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  • #685,268
  • Sep 19, 2022 2:35am Sep 19, 2022 2:35am
Quoting Waveskierrob
{quote} In my opinion Brokers are not Bookies they want you to win, make their money on spreads and commissions, you lose money they lose a customer, you win you stay in the game, I could be wrong as nobody knows what really goes on behind the doors
You got it.
The same as a rake in poker. A guaranteed income.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #685,269
  • Sep 19, 2022 2:37am Sep 19, 2022 2:37am
Attached Image (click to enlarge)
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Trendlines H1,H4, SMC
  • #685,270
  • Sep 19, 2022 2:37am Sep 19, 2022 2:37am
Quoting billytt
{quote} You got it. The same as a rake in poker. A guaranteed income.
If you win or lose they always win and no risk, just paying for their services
  • #685,271
  • Sep 19, 2022 2:37am Sep 19, 2022 2:37am
Quoting PatienceFx
{quote} so my trade should be .......... {image}
I don't know much about fundamental trading but isn't this kind of posts might set up uncertainty to USD and should be other way around?
How to succeed in zero sum game?
  • #685,272
  • Sep 19, 2022 2:38am Sep 19, 2022 2:38am
Quoting PatienceFx
{quote} so my trade should be .......... {image}
all stops at BE , its a free trade now
Attached Image (click to enlarge)
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  • #685,273
  • Sep 19, 2022 2:40am Sep 19, 2022 2:40am
Quoting dempire1
{quote} I don't know much about fundamental trading but isn't this kind of posts might set up uncertainty to USD and should be other way around?
give me one single reason to buy GBP ; just one tiny reason
  • #685,274
  • Edited 3:05am Sep 19, 2022 2:40am | Edited 3:05am
Quoting Elysion
{quote} Some do trade against you when you open a trade. So if you lose, they win.
You need to be a very good trader, so when they(your broker open 10x positions your size against you, the place where you placed your trade should eat theirs. Therefore you dont need to be worried about your broker. You beat them at their own game!
Thats how you make money from them.
Since you are their Chicken that give them Golden Eggs. Never be seduced by your broker so called analysis(caused they would be not just a broker but an asset management firm if they analysis were to be so accurate). Trust yours and may be some of really good trader called( also never be too dependent on them) cause there's "no sure-thing" here, otherwise we would be in an Engineer department at NASA!

Some broker took the opposite side of your trade, but they dont open tenfold positions against you. If you buy 1 lot, they sell 1 lot but they cover their loses in the futures market where they are longed also( i think they win on the swap fee, spread and commision)
More time in the market, does not mean you trade better!
  • #685,275
  • Sep 19, 2022 2:41am Sep 19, 2022 2:41am
Quoting Waveskierrob
{quote} So how do we know that for sure and why risk for a few lots or micro lots, I don't know that's why I'm asking
We dont know for sure that's why the only thing you can do is look for a trustable broker.
Exhausted
  • #685,276
  • Sep 19, 2022 2:42am Sep 19, 2022 2:42am
Quoting PatienceFx
{quote} give me one single reason to buy GBP ; just one tiny reason
Fundamentally speaking i dont know what drives the market exactly, so i cant tell. But looking at PA alone it is setting up for a buy...
How to succeed in zero sum game?
  • #685,277
  • Sep 19, 2022 2:43am Sep 19, 2022 2:43am
Quoting Elysion
{quote} We dont know for sure that's why the only thing you can do is look for a trustable broke err.
  • #685,278
  • Sep 19, 2022 2:44am Sep 19, 2022 2:44am
Quoting PatienceFx
{quote} give me one single reason to buy GBP ; just one tiny reason
I can give you one, scalping pullback haha
No pen no gen
  • #685,279
  • Sep 19, 2022 2:44am Sep 19, 2022 2:44am
Quoting dempire1
{quote} Fundamentally speaking i dont know what drives the market exactly, so i cant tell. But looking at PA alone it is setting up for a buy...
compare the UK & US data
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  • #685,280
  • Sep 19, 2022 2:48am Sep 19, 2022 2:48am
Quoting PatienceFx
{quote} compare the UK & US data {image}
patience fx , where did you get this data from?
can you please name the site
thank you already
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