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Cable Update (GBPUSD)

  • #720,921
  • Jan 14, 2023 10:37am Jan 14, 2023 10:37am
Quoting Pat Chiko
{quote} Hey Bones, Want to join me to SELL GU next week ?. It should be fun. ( lose money or win big)
Join me long
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #720,922
  • Jan 14, 2023 10:41am Jan 14, 2023 10:41am
broke
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #720,923
  • Jan 14, 2023 10:44am Jan 14, 2023 10:44am
Quoting Bones
{quote} Join me long
do you like a cheap offers or high demand?

make a choice in 1 sec before deal disappear
MY OPINION NOT FINANCIAL ADVISE
  • #720,924
  • Jan 14, 2023 11:48am Jan 14, 2023 11:48am
Quoting Pat Chiko
{quote} Black Swan is coming Game changer UK providing heavy tanks. A lot of heavy transport landing in the UK then forwarding on into the EU France to conduct biggest ever war games involving 12,000 troops, including NATO allies, in 2023 Here in Netherlands the US is unloading 1275 tanks in a small port US military pulls the vax mandate 3 days ago and says to bring back soldiers who were suspended b/c of it. Lots of American tanks transported through Vlissingen in the Netherlands. The natural gas pipeline between Latvia and lithavnia exploded yesterday...
My rant. Please ignore if you only read Forex!
I hope that this doesn't escalate beyond the borders of Ukraine!
If you follow the press, Russia is already outproducing the US in weapons. The plastic drones that Russia uses can't be detected by radar. The US generals are already saying they can't supply more weapons to Ukraine without compromising US security. Most of the weapons supplied to Ukraine end up on the black market already. It is like connecting the dots. Biden's folly has failed! Under Obama, at least Obama stopped Biden from starting and escalating this conflict. With Biden as president he just poured money into Ukraine to escalate the conflict until Russia felt that they had to attack and voila, here is where we are at on the verge of WW3
  • #720,925
  • Jan 14, 2023 2:53pm Jan 14, 2023 2:53pm
Quoting eyefeelsix
{quote} Hi bilal1947, maybe what dempire1 means is that you update your SL hit in the same post ( post edited ) so people don't know the next update from your previous post. Sorry btw I don't want to get involved, just to straighten it out so that what you are discussing finds a bright spot. Semoga akhir pekanmu menyenangkan, EFS
Na im closing this topic already. At the end its not my problem what everybody else does It just doesnt matter and only creates useless negative vibes…

Cheers
How to succeed in zero sum game?
  • #720,926
  • Jan 14, 2023 5:04pm Jan 14, 2023 5:04pm
Quoting kk300
Anyone riding BTCUSD..?? {image}
Sold BTC. Covered too early as this is very hard to go against this bullish daily momentum.
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  • #720,927
  • Jan 14, 2023 5:40pm Jan 14, 2023 5:40pm
a big big move is coming!!!!
  • #720,928
  • Jan 14, 2023 5:50pm Jan 14, 2023 5:50pm
Quoting ninner
a big big move is coming!!!!
On what?
  • #720,929
  • Jan 14, 2023 5:53pm Jan 14, 2023 5:53pm
Quoting kk300
{quote} On what?
gbpusd
  • #720,930
  • Jan 14, 2023 8:05pm Jan 14, 2023 8:05pm
Bears attack
The only prayer you need is Thankyou
  • #720,931
  • Edited 11:24pm Jan 14, 2023 10:51pm | Edited 11:24pm
"hey what's your opinion on xyz"

25 traders viewing now, 8 are members:
roshan106
,
tradexyz
,
griffc
,
Teek
,
Ziemowit
,
Invisible
,
bosti
,
pthread

achtung members in Z E invent 1 zu V frieden oder K...G Auf Wiedersehen peace HH
  • #720,932
  • Edited 11:23pm Jan 14, 2023 11:03pm | Edited 11:23pm
Quoting Fardeen1209
{quote} I guess FOMO(Fear of Missing Out) is the sole reason why people do such this. I learned this through Intraday trading Crypto and later realized that FOMO constantly make me do the opposite of what I should be doing if i were to make some money. Then I no longer trade intraday, I used 4hr chart for entry and Daily and weekly chart, which eliminate noises. Investing also create such scenario and i believe IPOs for stocks also consist of the same thing, cause at IPOs your money is making the founder(s) and angel investors richer, and they start...
actualy I said "I don't know". Sarcasm, pardon me.
I actualy do know why people keep clicking buttons and FOMO is only a small part of it.
The main reason why people get butchered all the time is the "trading education" selling a false narrative, "Click click click.. Lambo.. Villa".
The "trading education" industrie is terrible, it always was.
What people really should put their focus on is learning how the industrie works. Know your environment, is the most important part in all of trading. Most inexperienced traders and a surpriosing high number of experienced traders too look at charts and have no idea of what they are looking at. The inexperienced ones don't even understand what happens when they click the button.
And that's why people keep wasting so much money and time, that could be spend better otherwise.
I am seriously thinking about writing a book btw...
The "Smart Money Reversal" setup I kept talking about all of last week: there is a WHY behind it. There is specific reason behind WHY this is so reliable and WHY this repeats all the time.
But nobody ever asked for the "WHY" does it do what it does? They think it's "evil banks and evil brokers manipulating so we lose", and that's all BS. It's marketmechanic but people never learn about that. Same with things like Volume, Price Inefficiency, Orderflow, Orderpairing, simple basic Market mechanic.
nobody ever asked me "why",
instead they ask "can you give signal good sir? Please do Telegram, what's your opinion on Bitcoin? can you help me please I'm ruined..."
Maybe I should write a book...
you are not expected to understand this
  • #720,933
  • Jan 14, 2023 11:14pm Jan 14, 2023 11:14pm
IGNORED till i see 1.2664
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g
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #720,934
  • Jan 14, 2023 11:17pm Jan 14, 2023 11:17pm
Quoting Teek
{quote} actualy I said "I don't know". Sarcasm, pardon me. I actualy do know why people keep clicking buttons and FOMO is only a small part of it. The main reason why people get butchered all the time is the "trading education" selling a false narrative, "Click click click.. Lambo.. Villa". The "trading education" industrie is terrible, it always was. What people really should put their focus on is learning how the industrie works. Know your environment, is the most important part in all of trading. Most inexperienced traders and a surpriosing high...
Hi Teek

I think the education is actually very good if you go to the right places. What the bigger issue is impatience, they use all sorts of excuses why demo charts are bad and how they can't trade with pretend money because they feel no emotion if its fake.

They never LEARN ANY SKILLS on a demo chart and waste their money on a live account because, well, they have no skills other than being good at losing money.

I good list 7 or 8 great traders that could change newbies lives, instead they believe its possible to make tons of money with just $500.

What's more, they never develop are proper trading plan, too impatience to waste their time on that bs
Trading thin liquidity at the boundary of the charts
  • #720,935
  • Edited Jan 15, 2023 12:19am Jan 14, 2023 11:30pm | Edited Jan 15, 2023 12:19am
Quoting Pat Chiko
{quote} Thanks for the heads up {quote} YES, next week. {quote} Nice chart Bro, I copy you. {quote} Thanks Moty for signal. Thanks all I copy and will sell on PA on Monday or Tues. (BTW Mon, US closed). I will post Real time N3 after getting confirmation of the set up. Here's my chart.{image}
hey pat based on your chart why do you think that gu falls?
  • #720,936
  • Edited 11:56pm Jan 14, 2023 11:32pm | Edited 11:56pm
"they never develop are proper trading plan"

because they heard the term but nobody ever told them what a real tradingplan is.
To develop a real tradinglan you need knowledge about so many things and people totaly disregard that aspect: learning takes a long time
About Papertrading (Demo Trading):
If you can't trade fake money and take it serious, how could you ever trade real money and how could you ever get your hands on someone elses serious money to make your own?
Oh, I forgot, there is still Youtube. You could always join the false guru army and sell some BS to the masses...

What people think:
"I create a high winrate on a shortterm and show people my 376% return, then I lend a nice suite and walk up to some rich folk, they be blown away by me":
-> congratulations you are f*cked, get lost.

Reality is:
"I create and show an approved professional record, I can explain my tradingplan, including risk, scaling, execution, time and method, calculated realistic drawdown and returns and proof that I stick to it 100% like clockwork over a reasonable amount of time. Then I walk up to some decent money folks wearing no socks and lousy shirt and pair of old jeans because that's me and I'm an honest realistic dude, I fucked up more often than anyone else but I never gave up and I finaly got it right and I have this for you sir, and here is my approved paperwork":
-> congratulation, you the guy who gets your hands on the money

Truth is like poetry
Most people hate f*ck*ng poetry
you are not expected to understand this
  • #720,937
  • Jan 14, 2023 11:36pm Jan 14, 2023 11:36pm
Quoting Teek
{quote} But nobody ever asked for the "WHY" does it do what it does?
Sir, on that note, I would like to take the opportunity to ask you "WHY?". Your explanation would be much appreciated.
Success = Practice + Patience + Persistence
  • #720,938
  • Jan 15, 2023 12:00am Jan 15, 2023 12:00am
How often does it ever happen that 100% of traders have taken a single position?
But hey what do I know? I stay short too with the gang
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  • #720,939
  • Edited 12:16am Jan 15, 2023 12:04am | Edited 12:16am
Quoting fxpider
{quote} Sir, on that note, I would like to take the opportunity to ask you "WHY?". Your explanation would be much appreciated.
I'm sure it would, but explaining this would
a) take a lot of time and deep diving into market mechanics and institutional trading on the banking level. (in a nutshell, it has something to do with size, in a way, and how a market seeks to fill orders...)

and
b) fill a book, or two....

(@myself: write the damn book)
you are not expected to understand this
  • #720,940
  • Jan 15, 2023 12:18am Jan 15, 2023 12:18am
Quoting ninner
{quote} gbpusd
Which way?
223 traders viewing now, 1 is registered: