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Cable Update (GBPUSD)

  • #767,281
  • Aug 15, 2023 7:46am Aug 15, 2023 7:46am
Quoting Ferna
{quote} We’ve got to control peoples spending and take away their money.
Ignoring the fact that for many that spending is on essentials. Too bad they 'simply' didn't raise taxes to pay for their spending and their debt!
  • #767,282
  • Aug 15, 2023 7:46am Aug 15, 2023 7:46am
Quoting LifeRider
{quote} Not yet, lol.
NOW???
It's grid trading heaven for someone today
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I have no clue where it's going
  • #767,283
  • Aug 15, 2023 7:48am Aug 15, 2023 7:48am
Seems like the market not too pleased
Insane in the Brain..
  • #767,284
  • Aug 15, 2023 7:50am Aug 15, 2023 7:50am
Quoting dantpm
{quote} Ignoring the fact that for many that spending is on essentials. Too bad they 'simply' didn't raise taxes to pay for their spending and their debt!

that will happen...republicans are splitting apart over trump and its only those idiots that keep cutting taxes on the rich so next dem president will probably raise and by the end in a decade or two we might be back to 1950's level marginal rates
short trump and go long the deepstate
  • #767,285
  • Aug 15, 2023 7:50am Aug 15, 2023 7:50am
Quoting dantpm
{quote} Ignoring the fact that for many that spending is on essentials. Too bad they 'simply' didn't raise taxes to pay for their spending and their debt!
It’s not in our mandate to raise taxes. We are data dependant.
//FED
You have an IQ lower than 90 if you interact with this user.
  • #767,286
  • Aug 15, 2023 7:50am Aug 15, 2023 7:50am
Quoting BigNumbers
GBPCAD SHORT {image}
If you spend your time chasing butterflies they’ll run away but if you spend your time making a beautiful garden the butterflies will come to you. Invest in yourself and stop chasing shadows.

If you understand price you’ll never chase it again.

I have come to understand that, a good trade is taken when price is moving absolutely well in the opposite direction you’re intending to trade. When price is bullish, like you’re seeing a big green daily or weekly candle that’s when you should look for a sell with your set up because when it’s turns red the sell is almost too late.
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My telegram: https://t.me/avidforex
  • #767,287
  • Aug 15, 2023 7:52am Aug 15, 2023 7:52am
Quoting voeltoez
{quote} even its a demo..just carefull while using lot.. it will affect your psychology when you trading real money.. i suggest if you plan to trade real money $1000 tomorrow....then you have trade demo $1000..so you can trying and learn good lot and money management.. cmiiw..
it will affect your psychology when you trading real money..

I have found that people using a demo account that get overly excited on either winning or losing a trade are emotionally out of control if they go to a real account. So, if you can't learn to control yourself on a demo, what chance is there to be under control when going with a live account?
To free Gazans of Hamas, use whatever it takes.
  • #767,288
  • Aug 15, 2023 7:53am Aug 15, 2023 7:53am
Quoting Zebi
{quote} that will happen...republicans are splitting apart over trump and its only those idiots that keep cutting taxes on the rich so next dem president will probably raise and by the end in a decade or two we might be back to 1950's level marginal rates
You may be right but as you point out it would be the first time since the 1950's!

The 'catalyst' would be the US desire to go to war with Russia and China that Biden is working so hard to achieve and that both republicans and democrats would support!
  • #767,289
  • Aug 15, 2023 7:56am Aug 15, 2023 7:56am
Quoting Ferna
{quote} It’s not in our mandate to raise taxes. We are data dependant. //FED
I was making the assumption that the 'government' would try to react to a 'data driven' recession. I know when you ASSUME things you make an ASS of U and ME.
  • #767,290
  • Aug 15, 2023 7:57am Aug 15, 2023 7:57am
Quoting voeltoez
{quote} even its a demo..just carefull while using lot.. it will affect your psychology when you trading real money.. i suggest if you plan to trade real money $1000 tomorrow....then you have trade demo $1000..so you can trying and learn good lot and money management.. cmiiw..
And whatever amount you put into the live account, EXPECT it to ALL be lost! Losing it ALL should have about as much of an effect on you as accidentally dropping a [insert your favorite drink here]--a momentary blip on your emotional radar, and then you continue on as usual.
To free Gazans of Hamas, use whatever it takes.
  • #767,291
  • Aug 15, 2023 7:59am Aug 15, 2023 7:59am
The 4hr candle is having a difficult time coming up with a direction. It has flipped a couple of time in the past few minutes.
  • #767,292
  • Aug 15, 2023 8:00am Aug 15, 2023 8:00am
Quoting dantpm
{quote} I don't believe that demo account trades are posted as promptly as real account trades and real account trades have to be matched where demo account trades do not as well.
In addition, demo trades get perfect fills--no such thing as slippage on them.
To free Gazans of Hamas, use whatever it takes.
  • #767,293
  • Aug 15, 2023 8:00am Aug 15, 2023 8:00am
sell limit at .2730
short trump and go long the deepstate
  • #767,294
  • Aug 15, 2023 8:01am Aug 15, 2023 8:01am
The brave would short now,

not sure but 5 minute sure does looks like and expanding triangle before the drop, i will let the dust settle a bit
Follow The Markets Structure - Patience and Discipline
  • #767,295
  • Aug 15, 2023 8:03am Aug 15, 2023 8:03am
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yes yes yes
  • #767,296
  • Aug 15, 2023 8:03am Aug 15, 2023 8:03am
Quoting LifeRider
{quote} NOW??? It's grid trading heaven for someone today {image}
Aiming for target 1:
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I have no clue where it's going
  • #767,297
  • Aug 15, 2023 8:04am Aug 15, 2023 8:04am
Quoting voeltoez
{quote} even its a demo..just carefull while using lot.. it will affect your psychology when you trading real money.. i suggest if you plan to trade real money $1000 tomorrow....then you have trade demo $1000..so you can trying and learn good lot and money management.. cmiiw..
tried Demo $10,
first attempt MC
Second deposit on demo, profit $3
It is hard trading
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #767,298
  • Aug 15, 2023 8:04am Aug 15, 2023 8:04am
This is going up today. 1.2775 looks promising.

Also, I should refrain from scalping, I f suck at it!
  • #767,299
  • Aug 15, 2023 8:05am Aug 15, 2023 8:05am
Quoting dantpm
{quote} I was making the assumption that the 'government' would try to react to a 'data driven' recession. I know when you assume things you make an ASS of U and ME.
It is very important to stress central bank independance.
From the governments perspective they are proably cheering, this means more productivity and more power to government.
Everyone has to work more for less, just like in China. Move the production home they said and the crowd cheered…
You have an IQ lower than 90 if you interact with this user.
  • #767,300
  • Aug 15, 2023 8:07am Aug 15, 2023 8:07am
Quoting TheWraith
This is going up today. 1.2775 looks promising. Also, I should refrain from scalping, I f suck at it!
that’s the area that needs to be addressed a break above and we are back 12820-50 territory. It’s bounced of it a few time already since this downturn
Insane in the Brain..
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