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Cable Update (GBPUSD)

  • #768,621
  • Aug 19, 2023 8:16pm Aug 19, 2023 8:16pm
Quoting bfx17
{quote} Hi Peter, Since it looks like you are in a good mood today (man, I'd really like to know what pills they give you in there), I'd like to ask you something (and no, it is not about those damn pills). The question is: when did you take your last loss, what instrument and why? Yeah, it's a broader question, I get it... So? Cheers
In actuality, I take a loss ever week somewhere BUT I don't let it ride. Usually because I misread something. But I can accommodate for that by the way I invest my time and money. Strategies are useless if you spend all your time "living" on a price chart. Sometimes it's on a currency sometimes on an index. This is why I have said many times, taking a loss isn't the problem it's what you DO with it that matter most. Drawdown psychology is one such example. But to be honest, from what I have seen so far on these sites, people need to turn right to keep learning but they're being "directed" to go left. SO they end up in circles and cannot fathom why.

A good strategy is flawed. A great strategy plays off being flawed. A perfect strategy is when I'm asleep and dreaming.

Maybe that helps.


Peter
Real Trading is not gambling.
  • #768,622
  • Aug 19, 2023 8:25pm Aug 19, 2023 8:25pm
Quoting Nordling
{quote} When we ask u about live trades? No, Charts? No, Trading strategy or system? No, Teach us? No. So you are not here to contribute, you are just here to insult. But hear me out peter, your insults are music to our ears If people like you says something negative, that means we are going in the right direction
Interesting. I think you may need to check your premise there. I don't "believe" that trading IS or begins with a price chart. So there is your first error in observation. Next. I ... KNOW, it doesn't start or end with a chart. So there is your next error. Come back to me in 10-20 years after trading most things and THEN tell me your view. But at the moment, to me, you're still just a child. Now you can take offense to that OR try to be honest and learn something.

I don't see you being any more contrarian than the so-called "experienced traders" on here, ARE in fact experienced traders or money managers. So this idea that if you just do the opposite to what I am saying or showing etc, proves you have much to learn. So either submit to learning, or continue to try to self-convince. Doesn't affect my work either way BUT it does yours and wills yours to be whatever it is at present.

Maybe this helps.


Peter
Real Trading is not gambling.
  • #768,623
  • Aug 19, 2023 8:36pm Aug 19, 2023 8:36pm
Quoting PeterCaleb
{quote} Interesting. I think you may need to check your premise there. I don't "believe" that trading IS or begins with a price chart. So there is your first error in observation. Next. I ... KNOW, it doesn't start or end with a chart. So there is your next error. Come back to me in 10-20 years after trading most things and THEN tell me your view. But at the moment, to me, you're still just a child. Now you can take offense to that OR try to be honest and learn something. I don't see you being any more contrarian than the so-called "experienced...
I agree that i have much to learn, learning is a never ending process. I am just saying that you are not the one to teach Walking around acting like you know it all seems funny lol
You have to have an IQ higher than 90 to interact with this user.
  • #768,624
  • Aug 19, 2023 8:38pm Aug 19, 2023 8:38pm
Quoting dantpm
{quote}[/i] PeterCaleb, I wish you every success in life. I honestly don't believe that any of these successes will come from forex trading. If you care to share your suggestions, I and many others will follow to see if they are profitable! We wait.
Then clearly you require further life experience and an open mind, so you can then realize that compartmentalizing fx trading is insane and actually impossible. So what you believe really doesn't matter.

And right there is the problem inherent ....... me me me me me. me profit.

No interest in gaining general knowledge. "If it's got no profit to it then it's useless".

(Psssst - this is the part where I point out the obvious truth here in case you missed it.)

Yes here's my suggestion ...... grow up. Stop operating as if the world was created for your amusement.

But that's a challenge isn't it for most of you now. This mindset you have is so entrenched you don't know how to stop it or turn it off.

"If you only eat carrots eventually you'll turn orange" syndrome.

As I say - learn or don't learn.



Peter
Real Trading is not gambling.
  • #768,625
  • Aug 19, 2023 8:41pm Aug 19, 2023 8:41pm
Quoting Nordling
{quote} I agree that i have much to learn, learning is a never ending process. I am just saying that you are not the one to teach Walking around acting like you know it all seems funny lol
I'm not interested in teaching and I don't go around as if I know everything. You see, a child thinks as you've said and described, a person who wants to learn has no time for that type of attitude. Understand yet?

So ......

child

or student of learning?


Peter
Real Trading is not gambling.
  • #768,626
  • Aug 19, 2023 8:44pm Aug 19, 2023 8:44pm
I simply know and understand more than enough to see when people are "suckling at the wrong teet"

That's all it comes down to here.
Real Trading is not gambling.
  • #768,627
  • Aug 19, 2023 8:50pm Aug 19, 2023 8:50pm
Quoting PeterCaleb
{quote} I'm not interested in teaching and I don't go around as if I know everything. You see, a child thinks as you've said and described, a person who wants to learn has no time for that type of attitude. Understand yet? So ...... child or student of learning? Peter
Whatever floats your boat mate
You have to have an IQ higher than 90 to interact with this user.
  • #768,628
  • Aug 19, 2023 9:21pm Aug 19, 2023 9:21pm
Quoting Nordling
{quote} Whatever floats your boat mate
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  • #768,629
  • Aug 19, 2023 9:24pm Aug 19, 2023 9:24pm
Quoting PeterCaleb
{quote} yes yes .... you keep fingering that keyboard. Once a wanker always a wanker. I don't gauge the metal of a trader by their money. So deadbeats like you lost before you began. But please keep trying .... it makes for great amusement. Peter
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  • #768,630
  • Aug 19, 2023 9:25pm Aug 19, 2023 9:25pm
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  • #768,631
  • Aug 19, 2023 9:35pm Aug 19, 2023 9:35pm
Quoting PeterCaleb
{quote} In actuality, I take a loss ever week somewhere BUT I don't let it ride. Usually because I misread something. But I can accommodate for that by the way I invest my time and money. Strategies are useless if you spend all your time "living" on a price chart. Sometimes it's on a currency sometimes on an index. This is why I have said many times, taking a loss isn't the problem it's what you DO with it that matter most. Drawdown psychology is one such example. But to be honest, from what I have seen so far on these sites, people need to turn...
Congratulations! Your post keywords are in the 1st row / 1st page of search engine.
TBH, I've read some posts of yours carefully, those I catch are almost repeatedly surrounding "real life" , "learn or not", "online" with discriminative intends. Maybe you're telling some aspect of truth, try to help others, but general IQ folks like me cannot really have benefits with your words. So I assume you're trying to be unique and spamming this thread. If you actually have plan to release your trading experience that works, then I'd love to learn from you!

This is my #168 post , Good Luck everyone !
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  • #768,632
  • Aug 19, 2023 9:43pm Aug 19, 2023 9:43pm
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You have to have an IQ higher than 90 to interact with this user.
  • #768,633
  • Aug 19, 2023 9:52pm Aug 19, 2023 9:52pm
Quoting Nordling
{image}
I never learnt Confucius had said that It's a funny joke I think. Some young generations don't like his philosophy.
  • #768,634
  • Aug 19, 2023 10:37pm Aug 19, 2023 10:37pm
Quoting dantpm
{quote} I believe that you have had some really good suggestions. The bottom line is to do what you are comfortable with. I believe that you will have a hard time getting support for your strategy from prop firms as they aren't going to like the dd's. If you look at the pa and time series data from guys like Stacey Burke (youtube) you will find much more profitable strategies in shorter time frames, at least for those that get his system. There are lots more strategies out there that are...
i noticed you didn't use italic
It is unacceptable
my loss is your gain
  • #768,635
  • Aug 20, 2023 12:07am Aug 20, 2023 12:07am
My view on GBP.USD

Inserted Video
Trade at your own risk.
  • #768,636
  • Aug 20, 2023 12:37am Aug 20, 2023 12:37am
Mornings all...
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  • #768,637
  • Aug 20, 2023 12:41am Aug 20, 2023 12:41am
Quoting ScalaFX
{quote} Don, Im wating for your chart, I miss them share your view please

still bullish on cable

check July 2022 14th and July 2023 14th

similar setup 500pips pull back

before summer holiday market move from 1.25 , it’s very likely we move back there before another move up more Liq on the downside to drive this thing up
MY OPINION NOT FINANCIAL ADVISE
  • #768,638
  • Edited 1:50am Aug 20, 2023 1:18am | Edited 1:50am
checking pa may to play next market open ! one of most resilient pair in now extreme turmoil, still bounce to back the same ways , just delayed action . so simply bounce over 2999 ( as target bounce now ) to bear immediate target arounds 2430 . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #768,639
  • Aug 20, 2023 1:22am Aug 20, 2023 1:22am
Quoting Waveskierrob
...my take on the GBPUSD, it will be flat mostly all weekend then BST 21:00 sunday it may go up a bit then down a bit then up some more then up again then down and that's the first 5 mins but I may be wrong, enjoy...
All you had to say was you had no clue and save yourself some brain cells!!!!!
  • #768,640
  • Aug 20, 2023 1:29am Aug 20, 2023 1:29am
Quoting ninner
{quote} All you had to say was you had no clue and save yourself some brain cells!!!!!
Been saying " I have no clue" for years just ask most of the old timers on here, it's just you haven't caught up yet being a bit slow and that...
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