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Cable Update (GBPUSD)

  • #752,741
  • Jun 18, 2023 3:21pm Jun 18, 2023 3:21pm
Quoting Ferna
{quote} Trust me Ninner. Take your Bruce Wayne coat off, and walk into the streets as a commoner and you'll discover a thing or two. We the small people are not as protected as you think. https://www.youtube.com/watch?v=kgCLG4gCAvI
Why do brokers need to mess with their clients ...they know that 98 percent of their clients will lose 98 percent of their funds in 98 days!!! They dont need to do anything lol
  • #752,742
  • Jun 18, 2023 4:14pm Jun 18, 2023 4:14pm
Quoting ninner
{quote} Why do brokers need to mess with their clients ...they know that 98 percent of their clients will lose 98 percent of their funds in 98 days!!! They dont need to do anything lol
because the 0.02 are deadly to them. Most traders don’t realize the average broker is as close to going bust as they are, despite their continuous flow of profits.
  • #752,743
  • Jun 18, 2023 4:28pm Jun 18, 2023 4:28pm
Quoting clemmo17
{quote} because the 0.02 are deadly to them. Most traders don’t realize the average broker is as close to going bust as they are, despite their continuous flow of profits.

i doubt that LOL
  • #752,744
  • Jun 18, 2023 4:42pm Jun 18, 2023 4:42pm
Quoting Wavegarrick
{quote} In my quest to experiment longer term trading which seems to be taboo in this forum is something that all of us can exploit. I have endeared snarky comments like poor englis to being a scammer who asks for money for my system, which I do not know how. My system and files with indicators are all here as per my file attachments. I do not ask anything, I am a simple trader. The forex world is a dark abyss
WE are in good company we are both being ignored by that Pat Chiosky!!!!
  • #752,745
  • Edited 10:16pm Jun 18, 2023 4:45pm | Edited 10:16pm
Quoting Bella.al
{quote} I needed to update few values regarding Weekly GBPUSD . I have it now in my trading system integrated but requires some value changes. GBPUSD Weekly : This pair has major resistance at 1.38340 ( Bella's Trend -0.25 ) . Unfortunately , my other core modules ( major wave and minor wave )are not working it will require me to work constantly and i am tired. Anyways, it required me to update the numbers after it is integrated into my trading system still under development. The chart now shows Fib Resistance1 : 1.30041 and Fib Resistance 2 : 1.33206....
Hello,

So while i work to finish the other modules .

A. Bella's Trend-0.25 : A Special Currency Trend + Price Figure which is constant in all time frames. ( requires Major and Minor waves to trade ) - [Still in Development]
B. Bella's Hot Zones : Special Calculations to derive dynamic support and resistance of Today's Bar.+ Intraday Trend and Range Projections [Still in Development ]
C. Bella's GMT Switch
I will continue to trade with Bella's GMT Switch which allows me to open trade at specific GMT Time 13:38 PM using Bella's OSC [Still in Development ].

It is time for me to go and sleep i had a very busy weekend on my desk mostly coding and creating some concepts.
( ok. İ did went to cinema and perhaps to disco but whose asking?).

Back later near my GMT Time.
Good Night / Bella.

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Goddess of Thunder..
  • #752,746
  • Jun 18, 2023 6:24pm Jun 18, 2023 6:24pm
Quoting clemmo17
{quote} because the 0.02 are deadly to them. Most traders don’t realize the average broker is as close to going bust as they are, despite their continuous flow of profits.
i have heard rumors mate of a few , the government cut the retailers margins in aussie new traders are now 30% which put the brokers at a disadvantage now collect small amounts not bigger and a lot of people have dropped off brokers account so yes i would agree with you , kindest regards
people leave, but this thread will go on for ever
  • #752,747
  • Jun 18, 2023 8:12pm Jun 18, 2023 8:12pm
good morning
im shroting gbp today..wish me luck..
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  • #752,748
  • Jun 18, 2023 8:15pm Jun 18, 2023 8:15pm
Quoting voeltoez
good morning im shroting gbp today..wish me luck.. {image}

gl....im long gu and just went long gbpaud long tonight..up 18 piperoni's so far.....wish me luck!!!
  • #752,749
  • Jun 18, 2023 8:26pm Jun 18, 2023 8:26pm
Quoting ninner
{quote} gl....im long gu and just went long gbpaud long tonight..up 18 piperoni's so far.....wish me luck!!!
up 21 pips now!!!
  • #752,750
  • Jun 18, 2023 8:38pm Jun 18, 2023 8:38pm
market hit my tp..quick 30 pips!!!
  • #752,751
  • Jun 18, 2023 8:49pm Jun 18, 2023 8:49pm
Quoting ninner
market hit my tp..quick 30 pips!!!
LOL
  • #752,752
  • Jun 18, 2023 8:50pm Jun 18, 2023 8:50pm
Quoting ninner
market hit my tp..quick 30 pips!!!
it cant go up more..gbpaud im shorting
  • #752,753
  • Jun 18, 2023 8:51pm Jun 18, 2023 8:51pm
Quoting shakmoney
{quote} LOL
thats all i need since i was long 30 lots shakmonkey
  • #752,754
  • Jun 18, 2023 8:53pm Jun 18, 2023 8:53pm
Quoting ninner
{quote} thats all i need since i was long 30 long shakmonkey
You got jokes silly little girl ninty rupees
  • #752,755
  • Jun 18, 2023 8:55pm Jun 18, 2023 8:55pm
Quoting shakmoney
{quote} You got jokes silly little girl ninty rupees
that is 9800 smackers around...not baaaaaaad!!! Lunch money!!!
  • #752,756
  • Jun 18, 2023 9:02pm Jun 18, 2023 9:02pm
I like the way the euraud is acting!!!
  • #752,757
  • Jun 18, 2023 10:44pm Jun 18, 2023 10:44pm
GU

H1 is in a downside correction against H4 and H4 is in an upside swing in the same direction as D1

So currently longs still favoured with entries from H1 unless H4 also moves into a downside correction against D1 moving up then stand aside for me.
Follow The Markets Structure - Patience and Discipline
  • #752,758
  • Jun 18, 2023 10:44pm Jun 18, 2023 10:44pm
Quoting ninner
{quote} i doubt that LOL
Most RFEDs have less than $20M in MTM capital and what they have is tied up in offsetting their book. They can’t afford to warehouse more than a few hundred thousand in risk from any counterparty. That’s why every trader has a cap on their max lots and max open trades, and balancing inventory/hedging is the most important job of any broker/dealer.

Even real banks like Saxo nearly went under in 2015 (SNB). Alpari, FXCM, famously had to be bailed. Smaller firms go bust all the time and you can read about them on FINRA, NFA. Forex.com was fined nearly a million just last year for compliance violations. The whole business is one big move away from disaster. If you win too much too fast every broker has a dozen tricks to ensure they can stay in business. They won’t let rules get in the way.
  • #752,759
  • Jun 18, 2023 10:48pm Jun 18, 2023 10:48pm
Quoting voeltoez
{quote} it cant go up more..gbpaud im shorting
closed for 60pips
  • #752,760
  • Jun 18, 2023 10:55pm Jun 18, 2023 10:55pm
Quoting ninner
{quote} that is 9800 smackers around...not baaaaaaad!!! Lunch money!!!
I was Long GBP/USD from 1.02222 back then and now took profit. 11458 in profit here.
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