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Cable Update (GBPUSD)

  • #768,401
  • Aug 18, 2023 12:31pm Aug 18, 2023 12:31pm
if you go to a local market without knowing what you want or looking for, what exactly are you expecting to go home with or ur hassle?

FOREX MARKET IS NOT FAR FROM THAT

you should know what you want and what you are willing to give to get what you want.

have a lovely weekend.
MY OPINION NOT FINANCIAL ADVISE
  • #768,402
  • Aug 18, 2023 12:33pm Aug 18, 2023 12:33pm
Quoting thevisitor
{quote} What's your agenda? Show us charts, entry, exit? Real time...no bla bla I think you are only a big loser
Just here to ferret out losers like yourself who want free advice but are too lazy, rude and stupid to obtain it.
Trade at your own risk.
  • #768,403
  • Aug 18, 2023 12:34pm Aug 18, 2023 12:34pm
Quoting Fx3423454
These are the real smart guys in the thread. I will be like them soon. {image}
You are a very poor person
  • #768,404
  • Aug 18, 2023 12:36pm Aug 18, 2023 12:36pm
Quoting TheWraith
If Pat was trading with 0.01 noone would give a shit if he photoshops his trades or not. But since he earns one's salary in one trade then yeah... it's impossible he's real. Jealousy hurts, truth hurts. I'll just mention noone was really so focused on Pat in the past and his earnings or losses. Just a year ago this forum was the best forum on this site. Funny as shit... too many close minded people joined here unfortunately lately. Hate me or not, I don't care, I just said what is the truth. Pat was making this forum awesome...
Dear The Wraith,
I am writing to thank you for your support.

On July 28th, I opened a new real account with a small deposit of 55,000 USD, as you suggested.
This account is on MT5 and is being used to test a new algorithm specifically for the GBP/USD pair.

I worked with several programmers (external developers from MQL5 professional developers) to develop an improved algorithm that is supposed to be more efficient than the MQL4 algorithm.
However, I was skeptical that the account would survive the real test.
Nevertheless, I was willing to try it out to see how the MQL5 algorithm performs on the GBP/USD pair.

Account opening.
Quoting Pat Chiko
{quote} Great suggestion. New Account I open one more LIVE account last Friday to test this broker hedging, slippages and efficiency. This scalping trade account for Aug 2023 trades, small change from other account tips. Let see how fast I blow this account by copying other great traders in this thread. (Will not post my usual main account ATM, just focus on this account.){image} GU copy trade {image}

The account started out poorly, with many losing trades and the algorithm behaving erratically.
The drawdown was almost 78%.
This is why you may have noticed that I have not been posting regularly to this thread or my own thread.
I was working hard to fix the MQL5 algorithm and make it work for GBP/USD trades.

Fortunately, we were able to overcome the initial problems with the algorithm.
In the second and third weeks, the account has grown significantly.
I am hopeful that I will be able to double the account by the end of this month.

I did only post the first trades from this account on this thread.
Then stopped it , as the algo is not stable.
I do not want to confuse others with the multiple accounts that I am trading.
I have decided to trade this account privately.

I have attached the account details with all trading records from inception.
You will notice that the MQL5 algorithm protocol is more difficult to manage than the MQL4 protocol.
However, MT5 is more efficient and reduces slippage.
It also has improved ways of reading the chart.

As of today, the account balance is +93,000 USD.
The attached report shows the account activity from July 28th, 2023. Note how it began poorly.

Thank you again for your support.
I will keep you updated on the progress of this account.

Sincerely,
Pat CHIKO
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Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #768,405
  • Aug 18, 2023 12:37pm Aug 18, 2023 12:37pm
Quoting Fx3423454
{quote} Just here to ferret out losers like yourself who want free advice and are too lazy, rude and stupid to obtain it.
Spacko, i am trading for years..you have no clue
  • #768,406
  • Aug 18, 2023 12:39pm Aug 18, 2023 12:39pm
Quoting Zebi
{quote} i havent been attacked yet except by some little pissant who called me a drunk LOL
They have slowed down their aggressive behavior since I called them out. When I inevitably leave, they will start up again, but they'll leave you alone as long as you are part of their little dysfunctional colony.
Trade at your own risk.
  • #768,407
  • Aug 18, 2023 12:40pm Aug 18, 2023 12:40pm
Quoting Zebi
golds breaking down and will bring GU with it...im on fence whether to short...ill probably just enjoy the weekend and spend the money i made today
Quoting Zebi
{quote} i didnt short but ill take the credit for making the top call for the day
Quoting Zebi
ill look to go long again sunday/monday
oh well..could have got an extra 20 more pips but whats money?

im sure ill pick a bottom or top next week to make up for this one
short trump and go long the deepstate
  • #768,408
  • Aug 18, 2023 12:41pm Aug 18, 2023 12:41pm
Quoting thevisitor
{quote} Spacko, i am trading for years..you have no clue
Trading and losing for years. I know.
Trade at your own risk.
  • #768,409
  • Aug 18, 2023 12:44pm Aug 18, 2023 12:44pm
Quoting Fx3423454
{quote} They have slowed down their aggressive behavior since I called them out. When I inevitably leave, they will start up again, but they'll leave you alone as long as you are part of their little dysfunctional colony.

ill see who starts first than ill join the other prison gang
maybe we need MS-13 in here LOL
short trump and go long the deepstate
  • #768,410
  • Aug 18, 2023 12:51pm Aug 18, 2023 12:51pm
Quoting Fx3423454
{quote} Trading and losing for years. I know.
If you weren't such an unsympathetic person, I would like to invite you to my beautiful house here in Germany...with pool
  • #768,411
  • Aug 18, 2023 12:52pm Aug 18, 2023 12:52pm
Quoting Pat Chiko
{quote} Dear The Wraith, I am writing to thank you for your support. Sincerely, Pat CHIKO {image} {image} {image}
BTW........on thought process....

I would like to emphasize that the size of the account is irrelevant if a trader have a good system, risk management, and algorithm protocol to assist in managing the trades.
Most of the time, traders are more focused on the amount of money I'm trading rather than my thought process and strategy, which are more important than the final result.

I would like to trade with a 0.0001 lot if possible, but that would hinder my account growth.
I could open a demo account and start posting my trades there, but that would take up too much of my time, as I have real accounts to manage.

I have noticed that when I post a trade call, only a few people will ask questions about my thought process.
However, the moment I hit a jackpot, many people will flock to me like vultures and doubt the trades that I posted earlier.

One particular person (you know who I am referring to) has even made fun of my MT5 account because I have not posted an update on it.
She assumed that the account went bust.
Unfortunately, I decided not to reply to her insult, as I do not want to let negative energy flow into my veins.

Regards
PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #768,412
  • Aug 18, 2023 12:55pm Aug 18, 2023 12:55pm
We must accept that as forex in most cases can be labeled as gambling, that implies scammers. The scamming boss are the ones who own it, be It a Bank, a corporation.etc. i believe it is a conglomerate of Big financial companies sharing the cake. Some participants will mingle with traders to trick them into losing (not broke) and hope as to sustain a loyal bunch of clients depositing regularely. Gurus are created backed by AI which will provide información of Next movements. Many moves Will be profitable for honest traders but every now and then, profits return to the owners plus. This is very old just like in the video. I have been at FF since 2011 and have not seen as many exceptional traders till recently being so rude at the same time. If you are a real good trader, you do not go into demonizing. That is more apropiate to a pscologist to mine and wear out annoying members for the industry.
Inserted Video
POSTMASTER
  • #768,413
  • Aug 18, 2023 1:07pm Aug 18, 2023 1:07pm
Quoting thevisitor
{quote} If you weren't such an unsympathetic person, I would like to invite you to my beautiful house here in Germany...with pool
No pool:
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Pool:
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  • #768,414
  • Aug 18, 2023 1:09pm Aug 18, 2023 1:09pm
Quoting Robinhood1
We must accept that as forex in most cases can be labeled as gambling, that implies scammers. The scamming boss are the ones who own it, be It a Bank, a corporation.etc. i believe it is a conglomerate of Big financial companies sharing the cake. Some participants will mingle with traders to trick them into losing (not broke) and hope as to sustain a loyal bunch of clients depositing regularely. Gurus are created backed by AI which will provide información of Next movements. Many moves Will be profitable for honest traders but every now and then,...

ive been here on and off foe ten years and this website is much quieter than it was 5/6 years ago....now its all beginners with a 100 dollars trading challenges so they stay quiet and try learning but back then the fights were legion....hell davit has over 400 people ignored cause he started so much shit...he lost money on EJ and hasnt been seen since LOL


this room is like a 6 year olds sandbox compared to all the fighting that took place years and years ago
short trump and go long the deepstate
  • #768,415
  • Aug 18, 2023 1:12pm Aug 18, 2023 1:12pm
Quoting Fx3423454
{quote} Interesting. As soon as I came onto this thread I started getting attacked by Pat and his buddies who I didn't even know from a hole in the wall. I didn't even know they existed until they started harassing me. They antagonized and provoked me just for saying that the EUR.USD would collapse. So, I'd have to disagree. They are reaping what they sow. Maybe Pat is a really nice guy when he's always getting compliments and praise for his mediocre (at best) charts and trading but quickly turns jealous and nasty when he sees someone...

From the records........I have never attacked anyone or started any arguments in this thread.

I am always happy to answer questions about my trades, but I never give advice to others on their trades.
I believe that everyone should trade their own way and learn from their own mistakes.

I understand that you disagree with my analysis of the GU/EU pair.
I respect your opinion, but I do not think it is helpful to argue about it.

I would rather focus on sharing my own analysis and trading ideas, and let others decide for themselves whether they agree or disagree.
I would also like to encourage you to post your own real-time trades once in a while.
I think it would be helpful for others to see how you trade and learn from your experiences.

Finally, I would like to reiterate my concern about your health.
I think you should stop taking whatever is making you hallucinate.

I am worried about you as very young dude and I want you to be safe.

Thank you for your time.
Sincerely,
Chiko
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #768,416
  • Aug 18, 2023 1:14pm Aug 18, 2023 1:14pm
Quoting Zebi
{quote} i havent been attacked yet except by some little pissant who called me a drunk LOL
In my case, was never attacked till i made 15.000€ from 1.000€ in 6 weeks. There is a member who even mentioned some of my trades i did not post at this thread. Now that i can beat the robot thats been hunting me since 2019 and specially since i found out how the Ai wipes out account, i am not bullied.
POSTMASTER
  • #768,417
  • Aug 18, 2023 1:14pm Aug 18, 2023 1:14pm
Quoting Robinhood1
{quote} Still holding GJ?
No, closed when I posted
People don't plan to lose. They lose because they don't plan.
  • #768,418
  • Aug 18, 2023 1:16pm Aug 18, 2023 1:16pm
Quoting Robinhood1
{quote} In my case, was never attacked till i made 15.000€ from 1.000€ in 6 weeks. There is a member who even mentioned some of my trades i did not post at this thread. Now that i can beat the robot thats been hunting me since 2019 and specially since i found out how the Ai wipes out account, i am not bullied.
They prefer not disturbing me, which is okay.
POSTMASTER
  • #768,419
  • Aug 18, 2023 1:22pm Aug 18, 2023 1:22pm
99% of the people here are cool, and if you are friendly and not looking for a fight.
they will be nice to you.
without patience how can you be a trader?
  • #768,420
  • Aug 18, 2023 1:23pm Aug 18, 2023 1:23pm
Quoting Zebi
{quote} ive been here on and off foe ten years and this website is much quieter than it was 5/6 years ago....now its all beginners with a 100 dollars trading challenges so they stay quiet and try learning but back then the fights were legion....hell davit has over 400 people ignored cause he started so much shit...he lost money on EJ and hasnt been seen since LOL this room is like a 6 year olds sandbox compared to all the fighting that took place years and years ago
I Agree but diference now is too many exceptional traders Who demonize another member altogether and give likes to each other. It is more like a teamwork. How many times after posting, an invasión of posts show Up, some of them extremely long, sending my post 3 pages behind. As i said, this is not as bad for me as before though.
POSTMASTER
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