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Cable Update (GBPUSD)

  • #700,221
  • Oct 24, 2022 11:29pm Oct 24, 2022 11:29pm
Quoting TheWolf
Japan intervention last week estimated at over $33 bil Foreign exchange reserves (Millions US$) Japan 1,238,056 So, they spent.... nothing? or almost nothing?..
a portion of it made almost 600 pip drop,other day
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  • #700,222
  • Oct 24, 2022 11:37pm Oct 24, 2022 11:37pm
GU
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!! Radha Radha !!
  • #700,223
  • Oct 24, 2022 11:42pm Oct 24, 2022 11:42pm
Quoting joesherwood
possible asia scenario {image}
Update
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  • #700,224
  • Oct 24, 2022 11:53pm Oct 24, 2022 11:53pm
Sell US Crude Oil Spot @ 84.570
Stop loss above sell zone .... 30 pips
Target for 50 to 100 pips
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!! Radha Radha !!
  • #700,225
  • Oct 25, 2022 12:12am Oct 25, 2022 12:12am
My win rate according to analyzer.

In fact I tried to be at 100 %..... but made few trades - I closed in loss. That is due to impatience, nothing else.
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Intraday only.
  • #700,226
  • Oct 25, 2022 12:14am Oct 25, 2022 12:14am
Quoting suhas316
Sell US Crude Oil Spot @ 84.570 Stop loss above sell zone .... 30 pips Target for 50 to 100 pips {image}

25+ pips now
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!! Radha Radha !!
  • #700,227
  • Oct 25, 2022 12:17am Oct 25, 2022 12:17am
Quoting Pat Chiko
{quote} You don't know me to judge me. Dont be so quick to judge people if you dont know what the truth. And don't be a fire stone to pour fuel and spark hate among members here. You judge me & make assumptions about what you see online, please understand that we share just a tiny portion of our lives here. DON'T, just DON'T. ! Respectfully for Jolita , I feel that it's okay for her to share the set up and effort that bring benefit to other members. Regardless, which way the trades goes. The spirit of sharing is important here on Post sight, not...
Hello Pat, I want to know how I trade
Data + Stat + Risk/Emotions Management
  • #700,228
  • Oct 25, 2022 12:23am Oct 25, 2022 12:23am
Quoting Georginson
{quote} Hello Pat, I want to know how I trade
You have one vote for impressively!
  • #700,229
  • Oct 25, 2022 12:24am Oct 25, 2022 12:24am
Quoting Georginson
{quote} Hello Pat, I want to know how I trade
if you

  1. end the day green
  2. end the week green
  3. end the month green

your trading is the best, nothing else matters

  • #700,230
  • Oct 25, 2022 12:26am Oct 25, 2022 12:26am
People who follow others trades need to be careful.

First of all, it is wrong to copy others trades.

What you learn by copying ?

What is the quality of the trades that you copying ?

Are those trades long term good enough ? Or short term success is shown here ?

At the end, it is your money...that is at risk.

Never , ever follow others...that is my advice.

Some people say.... I will check his trade call / Bias to check with mine.

Why do you do that ?

If a trade bias of yours ( long bias, let us assume ) can give you 100 pips and if you want to cross check with some one else whose bias is short, you will end up booking 20 pips instead of 100 pips ?

Be careful guys.

This is educational stuff + Warning.
Intraday only.
  • #700,231
  • Oct 25, 2022 12:30am Oct 25, 2022 12:30am
gone short
Ent ; 1.12967
SL; 1.13364
TP1; 1.11767
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  • #700,232
  • Oct 25, 2022 12:31am Oct 25, 2022 12:31am
Quoting Georginson
{quote} Hello Pat, I want to know how I trade
George, your trades mostly are impressive, I knew those days when you traded with your own money.

I knew you were good at swing trades.

Hope you still do the same. But it takes long time.

And your trading, your company judges it and you can judge yourself too. See the analyser.

As long as you are consistent in making some percentage, and not loosing big... you will survive in firm trading.

wish you good.
Intraday only.
  • #700,233
  • Oct 25, 2022 12:32am Oct 25, 2022 12:32am
Quoting navk
People who follow others trades need to be careful. First of all, it is wrong to copy others trades. What you learn by copying ? What is the quality of the trades that you copying ? Are those trades long term good enough ? Or short term success is shown here ? At the end, it is your money...that is at risk. Never , ever follow others...that is my advice. Some people say.... I will check his trade call / Bias to check with mine. Why do you do that ? If a trade bias of yours ( long bias, let us assume ) can give you 100 pips and if you want to cross...
You are assuming that people simply copy trades and don't try to understand the trades that are presented. Many posters here explain the rational behind the moves, often well in advance of making the moves. That helps newbies learn how to become profitable.

I have been trying to follow your moves and while I understand your profitability, I do not yet understand the mechanics. Please consider adding more detail.
  • #700,234
  • Oct 25, 2022 12:40am Oct 25, 2022 12:40am
Quoting dantpm
{quote} You are assuming that people simply copy trades and don't try to understand the trades that are presented. Many posters here explain the rational behind the moves, often well in advance of making the moves. That helps newbies learn how to become profitable. I have been trying to follow your moves and while I understand your profitability, I do not yet understand the mechanics. Please consider adding more detail.
Copying in any manner, checking your our own analysis with others too are wrong.

I might analyze keeping in mind 1.15 target.

Some one else will do the same keeping in mind 1.14 short term target.

Others will have bearish bias looking for 1.12 or 1.1150 target.

In the end, our analysis will match with some one else's analysis.

What matters here is stop which one allows, or the TP one allows.

If you want to book ur profit at 1.14 being short term trader.

Another one will like to book profit at 1.15 being weekly trader... or other.

if 1.14 hits and reverses 150 pips, you will regret for waiting 1.15. being short term trader
Intraday only.
  • #700,235
  • Oct 25, 2022 12:43am Oct 25, 2022 12:43am
Quoting dantpm
{quote} You are assuming that people simply copy trades and don't try to understand the trades that are presented. Many posters here explain the rational behind the moves, often well in advance of making the moves. That helps newbies learn how to become profitable. I have been trying to follow your moves and while I understand your profitability, I do not yet understand the mechanics. Please consider adding more detail.
best advice i could give for newbies , is to get into market make loss , that helps them to understand the reality of the market and find out his style based on his character and his personality ,since trading is highly persomnal differs from person to person basedon his risk appite, a newbie should find his own style of trading . a newbie can get help regarding basics and the idea of how market works, but he never should look for others styles , an aggressive trader looks for scalping , riisk avoiders wish to hold a few pips more , etc...likewise , its highly personal , and one should explore his own style ...
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  • #700,236
  • Oct 25, 2022 12:45am Oct 25, 2022 12:45am
Quoting buffedmage
{quote} best advice i could give for newbies , is to get into market make loss , that helps them to understand the reality of the market ,since trading is highly persomnal differs from person to person basedon his risk appite, a newbie should find his own style of trading . a newbie can get help regarding basics and the idea of how market works, but he never should look for others styles , an aggressive trader looks for scalping , riisk avoiders wish to hold a few pips more , etc...likewise , its highly personal , and one should explore his own...
Agreed 100 %.

It is all based on risk appetite one follows based on his own style of trading.
Intraday only.
  • #700,237
  • Oct 25, 2022 12:47am Oct 25, 2022 12:47am
Quoting buffedmage
{quote} best advice i could give for newbies , is to get into market make loss , that helps them to understand the reality of the market ,since trading is highly persomnal differs from person to person basedon his risk appite, a newbie should find his own style of trading . a newbie can get help regarding basics and the idea of how market works, but he never should look for others styles , an aggressive trader looks for scalping , riisk avoiders wish to hold a few pips more , etc...likewise , its highly personal , and one should explore his own...
Rather than pissing money away to make other traders more profitable, I prefer a more structured approach. @Waveskierrob forum page teaching his hedging technique and a fantastic example of helping newbies. It isn't for everyone but he walks you through how to use it and how to be profitable with it!
  • #700,238
  • Oct 25, 2022 12:47am Oct 25, 2022 12:47am
Quoting buffedmage
{quote} best advice i could give for newbies , is to get into market make loss , that helps them to understand the reality of the market and find out his style based on his character and his personality ,since trading is highly persomnal differs from person to person basedon his risk appite, a newbie should find his own style of trading . a newbie can get help regarding basics and the idea of how market works, but he never should look for others styles , an aggressive trader looks for scalping , riisk avoiders wish to hold a few pips more , etc...likewise...
during in this processs of exploring he makes , several mistake blows his account..

its just like - you cant learn swimming , without overcoming the fear of water
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  • #700,239
  • Oct 25, 2022 12:49am Oct 25, 2022 12:49am
Quoting dantpm
{quote} Rather than pissing money away to make other traders more profitable, I prefer a more structured approach. @Waveskierrob forum page teaching his hedging technique and a fantastic example of helping newbies. It isn't for everyone but he walks you through how to use it and how to be profitable with it!
i dont balme his style , he is really good at his way of trading ..he makes money ...but my p;oint here is eveyone shuld learn his / her own way , his style might not work for others ,yet works for others , the idea is not to blame others style , but to explore the own style based on his/her perssonality ..
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  • #700,240
  • Oct 25, 2022 12:50am Oct 25, 2022 12:50am
Quoting dantpm
{quote} You are assuming that people simply copy trades and don't try to understand the trades that are presented. Many posters here explain the rational behind the moves, often well in advance of making the moves. That helps newbies learn how to become profitable. I have been trying to follow your moves and while I understand your profitability, I do not yet understand the mechanics. Please consider adding more detail.
I am totally against following trade calls.

This is simple copy trade.

You have every chance of blame if the calls go wrong. + If you book 20 dollars profit instead of 100 dollar profit.

Even short term/ long term bias... copying, I am against. Somewhat ok, I agree. Becuase, at the end the trader will manage risk. It is his responsibility.

Just try to do your own analysis, if want to help others, help.
Intraday only.
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