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Cable Update (GBPUSD)

  • #703,681
  • Nov 4, 2022 2:13am Nov 4, 2022 2:13am
Quoting TheWolf
{quote} The thing is that people do not trade the demo and live account the same way. On demo you get confirmation and okay you go long or short, put SL and go drink coffee or whatever.. but when people change to trading live then this changes for many people. People are too tied to the money, actually always fear of losing it. They said it well, until you can control your emotions and impulses you'll not get anywhere. I started trading live immediately for example..I don't know.. You are forced to learn quicker when trading live, otherwise same...
I bled on my first month, margin call was my stop loss . And I agree on this, practice on live immediately, its different. Live and demo is two different things. Lessons when losing real money teaches more valuable lesson imo
No pen no gen
  • #703,682
  • Nov 4, 2022 2:13am Nov 4, 2022 2:13am
Quoting RaHaG0D
{quote} What you wrote is absolutely correct. The difference between real & demo is sometimes like the difference between sky & earth. Emotions destroy the same great demo strategy in real account There are many good & kind & successful people here who can learn from them like Georginson that whenever he has an incorrect trade, there is sure to be someone who writes a mocking message to him, but he still exists and spreads his knowledge out of kindness. Or people like Pat Chiko & Coreg2004 But...
The totally SAD part is the mocking comments. It is unfortunate that we are stuck with so many immature 'posters'!
  • #703,683
  • Nov 4, 2022 2:13am Nov 4, 2022 2:13am
Quoting Indiara
{quote} That used to happen to me all the time, and sometimes it still does. I find that if I see a setup that I like on (say) M15, I check M30 to see if the same setup is trying to form. If it is, I go to M5 chart and wait for the setup to be there also. When all 3 timeframes say the same thing, in every way, then I will enter on the M5. Mostly this gives a good entry with not much drawdown. But I still fall into the anxiety trap every now and then!
t 07-09 uk time.
How are you feeling. Its FRIIIIIIIIIIIIIIIIIIIIIIIIIIII DAAAAAAAAAAAAAAAAAAAAY.
When your charts all line up for an entry, do they trigger at a specific area in time, ie uk/us market open.
If you are aware that price is manipulated you should be able to use that as a tool?????
I am not aiming this question solely at you Indi but a lot of people speak about manipulation and get battered by it, If they know about it,then it shouldnt happen.
Trade well, also , we had another inside bar on U/J 4 hour.
t 07-13 am.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #703,684
  • Nov 4, 2022 2:17am Nov 4, 2022 2:17am
t 07-15 uk time.
Cable , for my info, my bias is long as price broke through the 00-00am to 04-00 am hour range at 11215.
It will remain long until price drops below 11168. i use this to fix a failed trade if it happens.
Trade well all.
t 07-17 uk time.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #703,685
  • Nov 4, 2022 2:21am Nov 4, 2022 2:21am
Quoting dantpm
{quote} The 'market' doesn't react to 'your trades' in a demo account that same way it does to a live account. In a live account the market will react differently. Just my 2 cents worth!
Market doesn't know who out there put a trade on Live or Demo? It is we who knows about it.

Fix this and everything will be fine, we need to fix our selves.


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"Exchange of hands"
  • #703,686
  • Nov 4, 2022 2:22am Nov 4, 2022 2:22am
Quoting billytt
t 07-15 uk time. Cable , for my info, my bias is long as price broke through the 00-00am to 04-00 am hour range at 11215. It will remain long until price drops below 11168. i use this to fix a failed trade if it happens. Trade well all. t 07-17 uk time.


edit at 07-21
cable 15 minute chart just copied. A = the 00-00 to 04-00 4 hour candle range from asian session.
high broke and some retrace down.
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Trade well all. 07-22
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #703,687
  • Nov 4, 2022 2:24am Nov 4, 2022 2:24am
WEDGE
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Trendlines H1,H4, SMC
  • #703,688
  • Nov 4, 2022 2:25am Nov 4, 2022 2:25am
Quoting bilal1947
{quote} Market doesn't know who out there put a trade on Live or Demo? It is we who knows about it. Fix this and everything will be fine {image}
The 'market' sees live orders. It does not 'see' demo' account orders. There is no 'fixing' this. What would be useful is ending the process that allows whales to access broker data and skim retail accounts. This is an unfair practice!
  • #703,689
  • Nov 4, 2022 2:25am Nov 4, 2022 2:25am
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shorts are strong but mmmm
  • #703,690
  • Nov 4, 2022 2:25am Nov 4, 2022 2:25am
switched to short
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yes yes yes
  • #703,691
  • Nov 4, 2022 2:26am Nov 4, 2022 2:26am
Quoting Pat Chiko
{quote} GU adjusting tp (immediate) {image}
Will join you for sure soon.
waiting for lower tf setup
slightly below 1.12
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  • #703,692
  • Nov 4, 2022 2:26am Nov 4, 2022 2:26am
Quoting billytt
{quote} t 07-09 uk time. How are you feeling. Its FRIIIIIIIIIIIIIIIIIIIIIIIIIIII DAAAAAAAAAAAAAAAAAAAAY. When your charts all line up for an entry, do they trigger at a specific area in time, ie uk/us market open. If you are aware that price is manipulated you should be able to use that as a tool????? I am not aiming this question solely at you Indi but a lot of people speak about manipulation and get battered by it, If they know about it,then it shouldnt happen. Trade well, also , we had another inside bar on U/J 4 hour. t 07-13 am.
Hello billytt. The body pains have gone, now is just no appetite still and sore throat and blocked nose. But apart from that, I feel ok...thank you for asking

Mostly my setups seem to trigger right after London opens. Sometimes it happens about 1 hour before Uncle Frankie arrives. It doesn't happen so often after NY opens, but I usually go to my bed soon after, so I don't worry about it. I know that people do speak about manipulation, but (imo) us retail traders are not worth their while to trick and steal our trades. They have bigger fish to fry than us. I think that retail traders are wrong most of the time anyway, so there is no need to trick us, we do it to ourselves!! ha ha ha

I must share a little joke with you, and everyone seeing as it's Friday.

A guy gets into an elevator and already inside is a blonde girl.
Blonde girls says, "T.G.I.F"
Guy says, "S.H.I.T"
Blonde girl stamps her feet and repeats, "T.G.I.F"
Guy just smiles and says, "S.H.I.T"
Blonde girls gets upset and says, "T.G.I.F...Thank God It's Friday"
Guy keeps smiling and says, "S.H.I.T...Sorry Honey It's Thursday"
I am neither brave nor stupid...I am just a part time trader
  • #703,693
  • Nov 4, 2022 2:27am Nov 4, 2022 2:27am
Quoting dantpm
{quote} The 'market' sees live orders. It does not 'see' demo' account orders. There is no 'fixing' this. What would be useful is ending the process that allows whales to access broker data and skim retail accounts. This is an unfair practice!
I respect your opinion even it is different than mine
"Exchange of hands"
  • #703,694
  • Nov 4, 2022 2:29am Nov 4, 2022 2:29am
hi guys... this is what I trade for today and maybe it took 2 - 3 days before it can touch tp... I hope... lol..
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  • #703,695
  • Nov 4, 2022 2:29am Nov 4, 2022 2:29am
Strong trend downwards currently. Pat becareful with going against the trend
  • #703,696
  • Nov 4, 2022 2:30am Nov 4, 2022 2:30am
Quoting bilal1947
{quote} Market doesn't know who out there put a trade on Live or Demo? It is we who knows about it. Fix this and everything will be fine, we need to fix our selves. {image}
The market records LIVE ORDER only in the order flow book of your Broker who place your order on the cheapest market or take the opposite side of your trade or find someone who are willing to trade opposite of your trade.
The DEmo account order is recorded in an additional server of your broker!
Just my opinion
More time in the market, does not mean you trade better!
  • #703,697
  • Nov 4, 2022 2:33am Nov 4, 2022 2:33am
Quoting Fardeen1209
{quote} The market records LIVE ORDER only in the order flow book of your Broker who place your order on the cheapest market. The DEmo account order is recorded in an additional server of your broker! Just my opinion
you are 100% right, price has to do what it has to do and brokers has to do what they have to do even your on live account
"Exchange of hands"
  • #703,698
  • Nov 4, 2022 2:33am Nov 4, 2022 2:33am
Quoting bilal1947
{quote} I respect your opinion even it is different than mine
Thank you for your kind words!
  • #703,699
  • Nov 4, 2022 2:34am Nov 4, 2022 2:34am
Quoting TheWolf
{quote} The thing is that people do not trade the demo and live account the same way. On demo you get confirmation and okay you go long or short, put SL and go drink coffee or whatever.. but when people change to trading live then this changes for many people. People are too tied to the money, actually always fear of losing it. They said it well, until you can control your emotions and impulses you'll not get anywhere. I started trading live immediately for example..I don't know.. You are forced to learn quicker when trading live, otherwise same...
As you say, live and demo are completely different beasts. On demo, your like an unskilled worker, who can double their fund in a short space of time, or burn it out. But no doubt in the longer term they will burn it out and the two terms you use are the exact reasons, fear and greed. My first demo turned 5k into 13k in two weeks, but my first live account burnt out 5k in a short space of time. To me, by starting out a live account is like serving an apprenticeship where your wages are low. But once youve learnt your trade the rewards can be very rewarding.
  • #703,700
  • Nov 4, 2022 2:39am Nov 4, 2022 2:39am
Quoting Chris_35
{quote} As you say, live and demo are completely different beasts. On demo, your like an unskilled worker, who can double their fund in a short space of time, or burn it out. But no doubt in the longer term they will burn it out and the two terms you use are the exact reasons, fear and greed. My first demo turned 5k into 13k in two weeks, but my first live account burnt out 5k in a short space of time. To me, by starting out a live account is like serving an apprenticeship where your wages are low. But once youve learnt your trade the rewards can...
It doesn't matter you use live or demo... Big Boys already know where's the buyer and seller... they just need liquidity to hunt the sl... like FOMC and NFP tonight... just carefull...
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