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Cable Update (GBPUSD)

  • #738,541
  • Mar 30, 2023 1:34pm Mar 30, 2023 1:34pm
Quoting tonyb123
{quote} Where did you access this in the terminal?
Unfortunately, retail traders who use the client terminal are not able to see these numbers. That side of the terminal is designed for market makers.

it’s not accessible using the client terminal.
Discouragement is the language of the devil. Results over hype.
  • #738,542
  • Mar 30, 2023 1:36pm Mar 30, 2023 1:36pm
Quoting JereMi256
{quote} About to join you
Failed to find any short setup.
Tomorrow is likely to continue to 1.24...
Face 'ur fears & tame 'ur greed
  • #738,543
  • Mar 30, 2023 1:44pm Mar 30, 2023 1:44pm
DAILY
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  • #738,544
  • Mar 30, 2023 2:00pm Mar 30, 2023 2:00pm
Quoting Fardeen1209
{quote} USA and EU think they control the world where it takes only Russia, China and India. They are out of games.

who created the swift and financial market?


if you think it’s time for you to control it then you must fight hard for it .
MY OPINION NOT FINANCIAL ADVISE
  • #738,545
  • Mar 30, 2023 2:04pm Mar 30, 2023 2:04pm
Quoting Bones
strategy checker {image}
that was me on the pic
sold on bottom, bough on top
  • #738,546
  • Mar 30, 2023 2:08pm Mar 30, 2023 2:08pm
Here is a quick summary of trading forex


every trade as 50/50 probability you either win or lose it, no system give a perfect signal at all time even if you toss a coin before you open a trade at a particular level you will end up with average loss, okay so it’s clear that you cannot be perfect with ur direction so that’s where the risk management comes in

low risk high reward, if the trade is bad get out and look for next signal but if it’s good stay and milk the market .
don’t let any Guru fool you with there ideas that they have the best strategy.
You either gambling or using proper risk management,
if you attend all the Seminars and read all the books still you will come and face the real emotion

Gud night
MY OPINION NOT FINANCIAL ADVISE
  • #738,547
  • Mar 30, 2023 2:11pm Mar 30, 2023 2:11pm
Hi guys i am new here.
But following it for a very long time. Can anyone tell me where the market is heading and why it is not stopping. Why everyone is buying it. I believe tomorrow there will be definitely a red candle what u guys think ?
By the way i only trade gbpusd and use my hedging strategy. I guess my interest is to see the market bearish that's why i am seeing a red candle tomorrow.
  • #738,548
  • Mar 30, 2023 2:16pm Mar 30, 2023 2:16pm
Raise your hands who expect 1.2450 tomorrow
  • #738,549
  • Mar 30, 2023 2:31pm Mar 30, 2023 2:31pm
Quoting callmechief
{quote} Don't forget that price is determined by the market maker, who assumes the risk of the other end of your trade. They use their equity to fill the other end of every order, and keep tabs on exactly where the buying and selling volume is located, and at which price points. Please reference the attached screenshot of the “toolbox” section of MetaTrader’s market maker (manager) side of the terminal. {image}
where did you get this picture from?
How to succeed in zero sum game?
  • #738,550
  • Mar 30, 2023 2:35pm Mar 30, 2023 2:35pm
Quoting dempire1
{quote} where did you get this picture from?
Hey buddy!

I got it from a retired forex broker.
Discouragement is the language of the devil. Results over hype.
  • #738,551
  • Mar 30, 2023 2:36pm Mar 30, 2023 2:36pm
Attached Image (click to enlarge)
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yes yes yes
  • #738,552
  • Mar 30, 2023 2:41pm Mar 30, 2023 2:41pm
Quoting callmechief
{quote} Not to mention the ADR has been violated intraday. It's the end of the trend. So many people in this thread alone are long at the moment, its a strong indicator that we're at a peak formation for the week. Market maker accumulating orders on the outside of an extreme, buyers are about to be hurt IMO. Im looking for some acceleration to the downside towards the end of US session. Then the Dealing Desk in Asia will get news of a jammed volume and either continue to accumulate orders, or straight drop out of the zone created in US, jamming...
In my opinion 1.24401 should be attained in this week and God knows what will happen if level is broken. Wish you all the best.
Cheers.
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Trade to trade another day
  • #738,553
  • Mar 30, 2023 2:43pm Mar 30, 2023 2:43pm
Quoting callmechief
{quote} Hey buddy! I got it from a retired forex broker.
I actually have the entire manual explaining how the market maker side of the platform is used against retail traders...
Discouragement is the language of the devil. Results over hype.
  • #738,554
  • Mar 30, 2023 2:47pm Mar 30, 2023 2:47pm
Quoting Wavegarrick
{quote} In my opinion 1.24401 should be attained in this week and God knows what will happen if level is broken. Wish you all the best. Cheers. {image}
Not to say they won't go that way. Its not like I called the dealer to confirm this is just a pump-and-dump setup and that everyone should sell. We're nearing the end of the day, and the market maker has failed to break back below yesterday's high. I'm out because it indicates the market maker has not accumulated the volume he is looking for and will likely pump tomorrow before a sell is warranted.

Think of it like a business.
Discouragement is the language of the devil. Results over hype.
  • #738,555
  • Mar 30, 2023 2:50pm Mar 30, 2023 2:50pm
I found this gem in one of the other forums... Couldn't be more true.
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Discouragement is the language of the devil. Results over hype.
  • #738,556
  • Mar 30, 2023 2:58pm Mar 30, 2023 2:58pm
Quoting callmechief
{quote} Don't forget that price is determined by the market maker, who assumes the risk of the other end of your trade. They use their equity to fill the other end of every order, and keep tabs on exactly where the buying and selling volume is located, and at which price points. Please reference the attached screenshot of the “toolbox” section of MetaTrader’s market maker (manager) side of the terminal. {image}
So acording to this there is much higher sell volume in eur/usd?
I am back. Actually, I never left...
  • #738,557
  • Mar 30, 2023 2:59pm Mar 30, 2023 2:59pm
Quoting LifeRider
4hr chart: {image} ...and how it relates to weekly: {image} I'm still in a hole. One day I'll figure this out, but today is not that day...
Same, cut some losses.
My broker's tp 12410.
  • #738,558
  • Mar 30, 2023 3:00pm Mar 30, 2023 3:00pm
Quoting callmechief
{quote} I actually have the entire manual explaining how the market maker side of the platform is used against retail traders...
okay sure but retail traders chunk of money is literally nothing unless hedge funds etc are in retail trader cathegory.
How to succeed in zero sum game?
  • #738,559
  • Mar 30, 2023 3:03pm Mar 30, 2023 3:03pm
GU moved 100 pips today so far. Back to old days.
  • #738,560
  • Mar 30, 2023 3:07pm Mar 30, 2023 3:07pm
IF...
Attached Image (click to enlarge)
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