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Cable Update (GBPUSD)

  • #760,381
  • Jul 23, 2023 9:47am Jul 23, 2023 9:47am
Quoting Jolita
If you have some spare time next week I would recommend to Sign up to CME Group FX futures trading challenge starting tonight. To qualify you have to apply and complete the course. {image}
Only 2.5K for the the first place, probably first place will be like winning a lottery. They should give 100K
  • #760,382
  • Jul 23, 2023 9:50am Jul 23, 2023 9:50am
Quoting Wavegarrick
{quote} Coreg, the only one seemingly with an inferiority complex is you mate, since I put you on my ignore list a couple of weeks ago. You are hell bent on a vendetta and posting vindictive remarks after every post I make. You are forcing me to stoop down to your level and I am afraid it is probably the dumbest thing to do, but you and your cohorts are leaving me no choice as you are painting me as a fraud and a scam. I have never taken money from any trader in my life and my success comes after lots and lots of blood sweat and tears with some...
hi leon, your trading experience story is amazing to me, but if i may ask..how much capital do you invest as a trader to trade for living?
low lots with some averagings and holding for long term, not easy to some traders to take swing with small amount of money.

Thanks & Regards
  • #760,383
  • Edited 11:09am Jul 23, 2023 10:30am | Edited 11:09am
Quoting Wavegarrick
{quote} Coreg, the only one seemingly with an inferiority complex is you mate, since I put you on my ignore list a couple of weeks ago. You are hell bent on a vendetta and posting vindictive remarks after every post I make. You are forcing me to stoop down to your level and I am afraid it is probably the dumbest thing to do, but you and your cohorts are leaving me no choice as you are painting me as a fraud and a scam. I have never taken money from any trader in my life and my success comes after lots and lots of blood sweat and tears with some...
Dear Leon "The big fish", for years you insulted my intelligence by posting phony results. I didn't have any problem with it until you attacked my honesty, integrity, and good intentions for posting support/resistance zone based on well-known methods of trading (range, EW, HP) propagated by such accomplished traders/educators/mentors/businessmen and women respected in the trading/investing industry such as Fischer, Miner, Carney, Sperrandeo, and Raschke.
Two times I asked you to expose me in front of the entire thread and bring the evidence when I mislead the good people on this site. You are still silent about it.
I don't care who puts me on the ignore list, I don't care if someone calls me names, but I'm ticked when someone tries to disparage my record of posting. Now the gloves are off, and it won't stop until you apologize or bring the evidence. Your statement about HPs (only works in the range trading) tells me you know squat about TA, but it's no surprise for me.
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You posted your results for the last 4 trading days. What do we have here? 41 traders with a profit of 15k+ which gives us a profit factor of 1164 (unheard of in the industry}. People who are interested to dig deeper can google the subject. A very good trader has a 4-5 profit factor. To possibly have a 21 to 40 winning trade in a row in 4 days for you is impossible to accomplish b/c you love to sit on the pain train until the trade becomes profitable, you call it patience... Today you posted another cooked "evidence" of your superiority.
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These trades are not included in your above report. They were entered or closed in 2022. Why do you bring them now? You can post any BS you want, and I have the right to challenge your BS. I warned that someday someone might look closer at your posting. TBC...stay tuned and get a lot of popcorn.
Always trade your own plan...I don't provide trading signals.
  • #760,384
  • Jul 23, 2023 10:48am Jul 23, 2023 10:48am
Quoting Coreg2004
{quote} Dear Leon "The big fish", for years you insulted my intelligence by posting phony results. I didn't have any problem with it until you attacked my honesty, integrity, and good intentions for posting support/resistance zone based on well-known methods of trading (range, EW, HP) propagated by such accomplished traders/educators/mentors/businessmen and women respected in the trading/investing industry such as Fischer, Miner, Carney, Sperrandeo, and Raschke. Two times I asked you to expose me in front of the entire thread and bring the evidence...
absolutely brilliant...
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  • #760,385
  • Jul 23, 2023 10:52am Jul 23, 2023 10:52am
Quoting TheWraith
{quote} Adding another Long position on drama happening over the weekend. Now, it's at 25% still not hit SL at 20%. May start with me..
TP-ed both @ 100%.
See you next Weekend!
  • #760,386
  • Jul 23, 2023 10:55am Jul 23, 2023 10:55am
Seems like Bulls are not yet done with the uptrend and this down move may be a retracement for the next rally. My anticipation is for the retracement to complete around 1,2800 area, then for bulls to rally price to 1,3200/3240 zone. If price closes below 1.27515 consider the pattern invalid. I may be wrong but let's see how the market pans out.

Charts 1, H4, H1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2023-07-23 GBPUSD D1 at 4.13.34 PM.png Size: 20 KB
Click to Enlarge Name: Screen Shot 2023-07-23 GBPUSD H4 at 4.27.10 PM.png Size: 42 KB
Click to Enlarge Name: Screen Shot 2023-07-23 GBPUSD H1 at 4.43.39 PM.png Size: 25 KB
  • #760,387
  • Jul 23, 2023 11:09am Jul 23, 2023 11:09am
Quoting Eren10
{quote} Only 2.5K for the the first place, probably first place will be like winning a lottery. They should give 100K
.

It's a learning challenge with virtual $100k, no chance to win but to learn.
Platform has amazing tools and trading information it's definitely worth my time.
  • #760,388
  • Jul 23, 2023 11:12am Jul 23, 2023 11:12am
Quoting Black-Star
Seems like Bulls are not yet done with the uptrend and this down move may be a retracement for the next rally. My anticipation is for the retracement to complete around 1,2800 area, then for bulls to rally price to 1,3200/3240 zone. If price closes below 1.27515 consider the pattern invalid. I may be wrong but let's see how the market pans out. Charts 1, H4, H1 {image} {image} {image}
Can agree with these charts here, although my bias will remain bearish until we break weekly pivot at 12933. May consider longs above that if price action and market structure confirm. Bulls have two main areas they need to defend in my eyes. 1.2850 (where we are currently) as the last swing high on the daily, then last line of defence would be 1.26 being the latest swing low. Break of this level could send GBP/USD into a long-term downtrend which could see parity some time next year.
  • #760,389
  • Jul 23, 2023 11:16am Jul 23, 2023 11:16am
Quoting Ferna
{quote} is it trading spot, i dont know how futures work…
You have to learn, learning material provided try it. Trading simulator is also available to practise. Pricing is same as Forex, only monthly contracts expire, the rest is similar, only at higher level then Forex, big companies invest in futures not spot trading.
I believe future contracts move the spot prices.

No investment required to learning material.
  • #760,390
  • Jul 23, 2023 11:18am Jul 23, 2023 11:18am
Quoting Black-Star
Seems like Bulls are not yet done with the uptrend and this down move may be a retracement for the next rally. My anticipation is for the retracement to complete around 1,2800 area, then for bulls to rally price to 1,3200/3240 zone. If price closes below 1.27515 consider the pattern invalid. I may be wrong but let's see how the market pans out. Charts 1, H4, H1 {image} {image} {image}
I could not buy late last week due to restrictions based on my system.however, it is retracing!! Was it a false bo...we will see.
  • #760,391
  • Jul 23, 2023 11:22am Jul 23, 2023 11:22am
Quoting Wavegarrick
{quote} Coreg, the only one seemingly with an inferiority complex is you mate, since I put you on my ignore list a couple of weeks ago. You are hell bent on a vendetta and posting vindictive remarks after every post I make. You are forcing me to stoop down to your level and I am afraid it is probably the dumbest thing to do, but you and your cohorts are leaving me no choice as you are painting me as a fraud and a scam. I have never taken money from any trader in my life and my success comes after lots and lots of blood sweat and tears with some...
Coreg. I suggest you delete your post immediately because you are making a complete fool out of yourself and all your usual cohorts that have liked your post. These are open trades NOT Closed trades. look at the platform pic again. It seems you know little about an mt4 platform.
As for the trades history report that you say is cooked. It is merely an indicator that picks up all open trades on your system. So even if I changed the date to 2021 it will show exactly the same thing.
Attached Image (click to enlarge)
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As for your system. I do not follow your EW and HP patterns. Can you at least respect that. Post as much as you want because I do not look at your charts hence my reason for putting you on ignore.
You can rant and rave as much as you want. I am not interested. You are just wasting my precious family time.
Adios.
Trade to trade another day
  • #760,392
  • Jul 23, 2023 11:48am Jul 23, 2023 11:48am
Quoting Wavegarrick
{quote} You un ignored me again for the 5th time just to read and reply to my post. What a schmuck You need help.
...so you un ignored Coreg to read his posts.....interesting ...so in your own words what does that make you...
  • #760,393
  • Jul 23, 2023 11:49am Jul 23, 2023 11:49am
Quoting Wavegarrick
{quote} Coreg. I suggest you delete your post immediately because you are making a complete fool out of yourself and all your usual cohorts that have liked your post. These are open trades NOT Closed trades. look at the platform pic again. It seems you know little about an mt4 platform. As for the trades history report that you say is cooked. It is merely an indicator that picks up all open trades on your system. So even if I changed the date to 2021 it will show exactly the same thing.{image} As for your system. I do not follow your EW and HP patterns....
...but you are interested that's why you keep responding...
  • #760,394
  • Jul 23, 2023 11:52am Jul 23, 2023 11:52am
Quoting ninner
{quote} I could not buy late last week due to restrictions based on my system.however, it is retracing!! Was it a false bo...we will see.
...well that was very fortunate wasn't it, wonder what you would have posted if GU went up ...
  • #760,395
  • Jul 23, 2023 12:04pm Jul 23, 2023 12:04pm
Quoting Wavegarrick
{quote} Coreg. I suggest you delete your post immediately because you are making a complete fool out of yourself and all your usual cohorts that have liked your post. These are open trades NOT Closed trades. look at the platform pic again. It seems you know little about an mt4 platform. As for the trades history report that you say is cooked. It is merely an indicator that picks up all open trades on your system. So even if I changed the date to 2021 it will show exactly the same thing.{image} As for your system. I do not follow your EW and HP patterns....
Leon, keep cooking, your audience is delighted with your profit factor of 1164. It's getting better. Now you have one losing trade since 2021 for $13.28.
The members of your companionship of mutual adoration will be ecstatic
Always trade your own plan...I don't provide trading signals.
  • #760,396
  • Jul 23, 2023 12:06pm Jul 23, 2023 12:06pm
Just dropping this low quality picture here
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Kinda summing up the heated situation for the weekend .

Volatile week ahead, need to be fresh.
More time in the market, does not mean you trade better!
  • #760,397
  • Jul 23, 2023 12:08pm Jul 23, 2023 12:08pm
Quoting Jolita
{quote} Love your graphic design work on the charts, amazing colour palette, I envy.
My reaction was the same: PRETTY
I have no clue where it's going
  • #760,398
  • Jul 23, 2023 12:11pm Jul 23, 2023 12:11pm
Attached Image (click to enlarge)
Click to Enlarge Name: 2022-12-17 09_46_34-(147) CNBC JOE KERNEN EXPOSES SHARK TANK'S KEVIN O'LEARY ON HIS TRUE MONETARY RE Size: 236 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2022-12-17 09_45_39-(147) CNBC JOE KERNEN EXPOSES SHARK TANK'S KEVIN O'LEARY ON HIS TRUE MONETARY RE Size: 126 KB
Trade at your own risk.
  • #760,399
  • Jul 23, 2023 12:20pm Jul 23, 2023 12:20pm
Very big week ahead! Feds meeting, eur data and ecb meeting , and boj . I am holding eurusd shorts into this week
Master your mind. Master Trading.
  • #760,400
  • Edited 12:52pm Jul 23, 2023 12:20pm | Edited 12:52pm
Quoting Jolita
If you have some spare time next week I would recommend to Sign up to CME Group FX futures trading challenge starting tonight. To qualify you have to apply and complete the course. {image}

But i find quite interesting terms & conditions:
"By participating, participants grant to Sponsor a perpetual, a non-exclusive, irrevocable, fully paid, universal license to use, copy, sublicense, transmit, distribute, publish, edit, delete, display, create derivatives works of, and otherwise exploit participant’s Challenge Trading Account, or any portion thereof, and the participant’s name, likeness, voice, quotes, comments, biographical information together with other materials, in each case edited or altered as Sponsor sees fit, in any manner, in any media now known or hereafter devised, without compensation for the purposes of managing, operating, further developing and promoting the Program and the results thereof. Strictly to the extent permitted by applicable law the participants hereby waive any moral rights they may have in and to the Challenge Trading Account and their entries.
You have an IQ lower than 90 if you interact with this user.
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