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Cable Update (GBPUSD)

  • #703,801
  • Nov 4, 2022 5:23am Nov 4, 2022 5:23am
Quoting navk
{quote} Yesterday, I booked ( - 1559.)
Where is your yesterday P/L?
  • #703,802
  • Nov 4, 2022 5:25am Nov 4, 2022 5:25am
Georginson I don’t think the bulls can be saved because as soon as the trend is in action it has to come to completion before another trend sets up. So in my view we are in a down trend with obviously pull backs on the way. This is my opinion, so could be completely wrong.
  • #703,803
  • Nov 4, 2022 5:26am Nov 4, 2022 5:26am
Quoting Headland
...so may variables re upcoming U.s NFP. Trade what we see not what we think is always best advice. Just don't get one of these! {image}
I'm not smart enough to try to trade any later than now on NFP day. Even if I was going to stay awake to see it (which I will not be able to do), I find it it too dangerous. I have seen it a few times, and it scares me. I can wait until Monday and see what the damage is then. At least my account will be ok
I am neither brave nor stupid...I am just a part time trader
  • #703,804
  • Nov 4, 2022 5:31am Nov 4, 2022 5:31am
I repeat once again here:

Time and again, people ask me to share live trades for them to copy.

Or to check if their trades are ok.

I am strongly against copy trading some one of here or any one.

1) My trade may be 1 minute scalping, 5 min scalping or hourly day trading or 4hr /daily swing trading.

2) My account size may not match yours.

3) My trade frequency may not match that of yours.

4) My risk tolerance may not match that of yours.

5) My buy /sell trade point ( 1.000 something ) need not match that of yours.

5) At times, i do not set stop loss, but using a single click, I close all loss trades manually.

Having said, If you want me to post trade calls, I am against it also. I traded some months back copying some one else's trade calls and had very bad experience.

SHaring bias, or trading method is absolutely fine, trade decision shall be absolutely yours.

Sorry guys.
Intraday only.
  • #703,805
  • Nov 4, 2022 5:37am Nov 4, 2022 5:37am
Quoting navk
I repeat once again here: Time and again, people ask me to share live trades for them to copy. Or to check if their trades are ok. I am strongly against copy trading some one of here or any one. 1) My trade may be 1 minute scalping, 5 min scalping or hourly day trading or 4hr /daily swing trading. 2) My account size may not match yours. 3) My trade frequency may not match that of yours. 4) My risk tolerance may not match that of yours. 5) My buy /sell trade point ( 1.000 something ) need not match that of yours. 5) At times, i do not set stop loss,...
Who tha fuckkkk wants your live trades
don’t share your winning as well… we don’t care about it.
this is useless ! Don’t you get it?
  • #703,806
  • Nov 4, 2022 5:37am Nov 4, 2022 5:37am
Quoting Headland
...so many variables re upcoming U.s NFP. Trade what we see not what we think is always best advice. Just don't get one of these! {image}
Hi Headland.

Today we got NFP
Nov 8th Midterms
Nov 10th CPI.

Time for boomerang Trade coming our way ?.
If DXY support break, then I believe the market will sell the risk on USD next week.
Opposite if DXY support hold.
Attached Image (click to enlarge)
Click to Enlarge Name: dxy 007.jpg Size: 147 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu 326.jpg Size: 104 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #703,807
  • Nov 4, 2022 5:39am Nov 4, 2022 5:39am
Quoting Whale
{quote} Who tha fuckkkk wants your live trades don’t share your winning as well… we don’t care about it. this is useless ! Don’t you get it?
Good question, there are some.Scan the posts here. You will know.

Trust me.

lol
Intraday only.
  • #703,808
  • Nov 4, 2022 5:39am Nov 4, 2022 5:39am
Building a Double Top
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 51 KB
  • #703,809
  • Nov 4, 2022 5:40am Nov 4, 2022 5:40am
Quoting navk
{quote} Good question, there are some. Trust me. lol
Ok.. sorry.. it just ran out.
  • #703,810
  • Nov 4, 2022 5:42am Nov 4, 2022 5:42am
Quoting Whale
{quote} Ok.. sorry.. it just ran out.
Trading is a tough job, as we all know.

Controlling anger is important.

This will result in emotional trading and hence loss.

Cool.
Intraday only.
  • #703,811
  • Nov 4, 2022 5:44am Nov 4, 2022 5:44am
I can never decide whether those that post live calls are brave or stupid or both. I do admire them for doing so. Like Navk and for some of the same reasons, I do not, but some of my posts almost beg people to get involved one way or another. Firstly a threaded forum is not an efficient medium to place scalp calls as the browser needs refreshing. It's a little less clunky/the lag is less important on position trades, but few posters make clear when they post a call what it is is - ie a 2min scalp or a position call that will last hours/days/weeks. Of course the more we get to know a trader thru their posts the easier it is to work out their style. I publish mine in my signature at bottom of each post. There are reasons as well why posting live trades is not for me, not least because if I did I would charge for them lol, and this would reflect the 'added responsibility' of others' fortunes that may well weigh negatively on my own psychology, and thus affect my own trading! Personally, as thread members will have observed, I mainly post levels (potential supp/res) and chart conditions (range/trend) as well as osc div - all in advance, but sometimes show osc div examples in retrospect as well, a few technical tips/tricks/examples, and fundie commentary and analysis thrown in too from time to time, which others' might benefit from, (or not.) I'm easy either way.
Trader with an Edge.
  • #703,812
  • Nov 4, 2022 5:45am Nov 4, 2022 5:45am
Quoting Pat Chiko
{quote} Hi Headland. Today we got NFP Nov 8th Midterms Nov 10th CPI. Time for boomerang Trade coming our way ?. If DXY support break, then I believe the market will sell the risk on USD next week. Opposite if DXY support hold. {image}{image}
Anything can happen lol! Nice analysis/summation of a possible credible scenario. At least there is reasoning/logic behind your belief. G/L
Trader with an Edge.
  • #703,813
  • Nov 4, 2022 5:47am Nov 4, 2022 5:47am
Quoting navk
{quote} Trading is a tough job, as we all know. Controlling anger is important. This will result in emotional trading and hence loss. Cool.
Bla bla…

you are trading on prop firms account, I’m here for years trading on my own money.
Do the simple math navk.
  • #703,814
  • Nov 4, 2022 5:52am Nov 4, 2022 5:52am
Quoting mrluckystar
Manipulation in play... Who buying? Who selling?
Hi Bro.
As we all know Market Maker is both "Buyer and Seller" at the same time.
Then then pass it on to FXMarketSpace.
(A joint venture, CME and Reuters will pool their expertise in data dissemination, distribution, trade matching and central counterparty clearing services).

They collect all order and pass it to bigger market, such as Institutional Trading House, hedge fund manager, banks and casino.
FXMarketSpace is expected to operate alongside existing electronic transactional systems including Reuters Dealing 3000 for interbank trading, Reuters Trading for Foreign Exchange for dealer to buyside connectivity

Long description
FXMarketSpace offer bank and non-bank participants, an efficient, anonymous and centrally-cleared alternative to the current spot and forward markets.
Short description
We are screwed, they know every single position and which one the can take out...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #703,815
  • Nov 4, 2022 5:52am Nov 4, 2022 5:52am
If this is not an up for the day well i can only say i must be sitting at the wrong poker table.
  • #703,816
  • Nov 4, 2022 5:53am Nov 4, 2022 5:53am
Quoting Whale
{quote} Bla bla… you are trading on prop firms account, I’m here for years trading on my own money. Do the simple math navk.
NFP time nearing.

Let us concentrate on NFP.

Good luck.

I always try to maintain my cool.

If I am not, I stay away.
Intraday only.
  • #703,817
  • Nov 4, 2022 5:56am Nov 4, 2022 5:56am
Quoting navk
I repeat once again here: Time and again, people ask me to share live trades for them to copy. Or to check if their trades are ok. I am strongly against copy trading some one of here or any one. 1) My trade may be 1 minute scalping, 5 min scalping or hourly day trading or 4hr /daily swing trading. 2) My account size may not match yours. 3) My trade frequency may not match that of yours. 4) My risk tolerance may not match that of yours. 5) My buy /sell trade point ( 1.000 something ) need not match that of yours. 5) At times, i do not set stop loss,...
It is really a wise answer I wish everyone would understand that this thread is only for sharing opinions & analysis. Finally, everyone should trade based on their trading system & capital amount, their own psychology.
At first, analyzing & trading based on our own system is scary, but after a while you can master it & become a professional. We just need to be patient at first. Patience is the basis of any skill
There is nothing wrong with being kind & loving to each other
  • #703,818
  • Nov 4, 2022 5:57am Nov 4, 2022 5:57am
Quoting Headland
I can never decide whether those that post live calls are brave or stupid or both. I do admire them for doing so. Like Navk and for some of the same reasons, I do not, but some of my posts almost beg people to get involved one way or another. Firstly a threaded forum is not an efficient medium to place scalp calls as the browser needs refreshing. It's a little less clunky/the lag is less important on position trades, but few posters make clear when they post a call what it is is - ie a 2min scalp or a position call that will last hours/days/weeks....
There must be something strange in the water today, as I got a message asking if I was really trading a live account, this person thinks not. I don't see that it makes a difference as my calls are live, because (IMO only) it's the right thing to do. I am fine with those who choose not to. But, below is a chart with my account on it (I have redded out some numbers for my safety) but people can see that my account is a live account.

I should say that it was NOT you who sent the message, nor any of the regulars to the thread. Just a lurker I think

Attached Image (click to enlarge)
Click to Enlarge Name: live.jpg Size: 119 KB
I am neither brave nor stupid...I am just a part time trader
  • #703,819
  • Nov 4, 2022 5:58am Nov 4, 2022 5:58am
BEFORE AND AFTER
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURCAD.png Size: 27 KB
Click to Enlarge Name: update1.png Size: 28 KB
My telegram: https://t.me/avidforex
  • #703,820
  • Nov 4, 2022 6:00am Nov 4, 2022 6:00am
I still see potential for 1.20 target...MT.
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