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Cable Update (GBPUSD)

  • #768,701
  • Aug 20, 2023 9:46am Aug 20, 2023 9:46am
Quoting tiborf71
{quote} my friend, pay attention to this, if it hadn't already occurred to you, the 50/50 chance is bullshit. the algo doesn't allow this. if the 50/50 chance is true, there should be many more winners. I see that you are still a beginner, come back after 10 years and then you will see it differently.

dont be fooled by my membership date...ive been trading for 15/20 years on irc back then when the soes bandits and cheetah and others pumping stocks and finally getting arrested LOL....retail forex is the infant compared to online futures and stock trading LOL ive been on FF for 10 years under multiple usernames cause i always use fake email adresses when prompted by businesses online so when i upgrade my computers i have to register all over again cause i dont remember my passwords either LOL

believe what you want...blame whatever or whoever you want maybe youll see the light eventually and make a career out of this racket

dont get whacked because of the business yove chosen LOL
Inserted Video
short trump and go long the deepstate
  • #768,702
  • Aug 20, 2023 9:50am Aug 20, 2023 9:50am
Quoting Zebi
{quote} dont be fooled by my membership date...ive been trading for 15/20 years on irc back then when the soes bandits and cheetah and others pumping stocks and finally getting arrested LOL....retail forex is the infant compared to online futures and stock trading LOL ive been on FF for 10 years under multiple usernames cause i always use fake email adresses when prompted by businesses online so when i upgrade my computers i have to register all over again cause i dont remember my passwords either LOL believe what you want...blame whatever or whoever...
sorry for my knowledgeable answer
  • #768,703
  • Edited 10:09am Aug 20, 2023 9:55am | Edited 10:09am
Quoting dempire1
{quote} okay thanks for answer. May I ask. What do you mean by MM-s? And algo? Because if someone understood "algo" then he/she would trade every movement without problem, right? I'm a true believer in Supply and Demand myself. Zone for me is a place where most people will decide something - even algos but its human programmed to make a decision in certain places all the time. This algo for me exists but not this kind of algo that "is creating price" if you know what I mean. If you didn't understand very well then I try to explain a bit more.
sure man, no prob. MM is the market makers, the motherfuckers who make our like so complicated. they control the price, the "supply and demand" and ofc, the potential Algo.

regarding this debate whether there is an algo or not, there is a very good thread on FF named "Real or Algo" or "Algo or Real", I dont remember exactly. in there you can find very good pros and cons regarding this subject. Also, you can have a look at fractalfreak thread, which is now under commercial, where he explains how this potential algo drives the price in such a manner that fucks up so many traders. see, I said "potential" algo, because now I want to ask you something, since I told you everything I know about trading

the question is: how is it possible that GBPUSD (cause we are on cable thread) could stay confined for 5 hours in a precise 10 pips range (could be 20 or 30 pips it doesnt matter)? what forces could preserve this range to the pip for such a long time ? is it the supply and demand perfectly balanced to the pip or it could be something else? then how is it possible that the same thing happens on other instruments during the same time interval?

lol...it is a question with many questions hehe...but once we have the answers maybe we will have a clearer picture of the fx market.

cheers man
b
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #768,704
  • Aug 20, 2023 10:00am Aug 20, 2023 10:00am
Quoting tiborf71
{quote} well, among other things, the algo monitors your account balance when you open a position, and if your account falls below a certain level, it hunts you mercilessly. you don't have to believe it. anyone who has spent thousands of hours in front of a computer knows this.
and I'd add...it is not coming after you personally for your few hundred/thousand account, but after a cluster of traders which are caught on the wrong side of the market and are in big pain. I remember I saw on youtube a clip filmed with a hidden camera, showing the monitor of an employee of a market maker. on that monitor you could see clearly that they had listed all the accounts of the traders which were close to margin call.
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #768,705
  • Aug 20, 2023 10:13am Aug 20, 2023 10:13am
Quoting bfx17
{quote} and I'd add...it is not coming after you personally for your few hundred/thousand account, but after a cluster of traders which are caught on the wrong side of the market and are in big pain. I remember I saw on youtube a clip filmed with a hidden camera, showing the monitor of an employee of a market maker. on that monitor you could see clearly that they had listed all the accounts of the traders which were close to margin call.
finally a man who thinks.
  • #768,706
  • Aug 20, 2023 10:14am Aug 20, 2023 10:14am
Quoting tiborf71
{quote} finally a man who thinks.
hehe...thanks man...likewise.
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #768,707
  • Aug 20, 2023 10:28am Aug 20, 2023 10:28am
Quoting bfx17
believe it or not, but old bluesteele is around. cheers Kev, nice to see you man.
Hahaha...lurking in the shadows,,,What else does a guy do on a Sunday morning? Got my coffee,,,,fed the birds and squirrels.
Sometimes this thread reminds me a bit of the old days around here....Off the rails

But with all things ,,Silver linings in the clouds !

Cheers B and hope all is well,,, Its a winnable game my friend !

Blue
Master your Mind,,,Master the Market
  • #768,708
  • Aug 20, 2023 10:29am Aug 20, 2023 10:29am
Quoting Zebi
{quote} dont be fooled by my membership date...ive been trading for 15/20 years on irc back then when the soes bandits and cheetah and others pumping stocks and finally getting arrested LOL....retail forex is the infant compared to online futures and stock trading LOL ive been on FF for 10 years under multiple usernames cause i always use fake email adresses when prompted by businesses online so when i upgrade my computers i have to register all over again cause i dont remember my passwords either LOL believe what you want...blame whatever or whoever...
That's a complete lie...

It's impossible that you have been trading for 15 or 20 years as the first retail fx broker was only launched in 1996 or 1997, so do the math.

It would be 2027 for you to trade for 20 years... lol.

Some people missed basic math in school...
  • #768,709
  • Aug 20, 2023 10:34am Aug 20, 2023 10:34am
Quoting bluesteele
{quote} Hahaha...lurking in the shadows,,,What else does a guy do on a Sunday morning? Got my coffee,,,,fed the birds and squirrels. Sometimes this thread reminds me a bit of the old days around here....Off the rails But with all things ,,Silver linings in the clouds ! Cheers B and hope all is well,,, Its a winnable game my friend ! Blue
hehehe...old buddy, I know what you mean...as you can see I decided to make some positive posts lol and now I am afraid I'll get a yellow badge or something

i am glad to see you are around and in good mood.

cheers K, all the best
bogdan
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #768,710
  • Aug 20, 2023 10:36am Aug 20, 2023 10:36am
Quoting TheWraith
{quote} That's a complete lie... It's impossible that you have been trading for 15 or 20 years as the first retail fx broker was only launched in 1996 or 1997, so do the math. It would be 2027 for you to trade for 20 years... lol. Some people missed basic math in school...
20 years from 1996 - 1997 would be 2016 - 2017
  • #768,711
  • Aug 20, 2023 10:38am Aug 20, 2023 10:38am
Quoting bfx17
{quote} hehehe...old buddy, I know what you mean...as you can see I decided to make some positive posts lol and now I am afraid I'll get a yellow badge or something i am glad to see you are around and in good mood. cheers K, all the best bogdan
you already deserve the red star because you show more competence than more reds here.
  • #768,712
  • Aug 20, 2023 10:40am Aug 20, 2023 10:40am
Quoting tiborf71
{quote} you already deserve the red star because you show more competence than more reds here.
i am blushing man, but thank you
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #768,713
  • Aug 20, 2023 10:43am Aug 20, 2023 10:43am
Quoting TheWraith
{quote} That's a complete lie... It's impossible that you have been trading for 15 or 20 years as the first retail fx broker was only launched in 1996 or 1997, so do the math. It would be 2027 for you to trade for 20 years... lol. Some people missed basic math in school...
...but 1997 was 26years ago...
  • #768,714
  • Aug 20, 2023 10:48am Aug 20, 2023 10:48am
Quoting charlienoble
{quote} 20 years from 1996 - 1997 would be 2016 - 2017
Sorry buddy see you've answered before me ...
  • #768,715
  • Aug 20, 2023 10:54am Aug 20, 2023 10:54am
Quoting Waveskierrob
{quote} Sorry buddy see you've answered before me ...
No problem. Was laughing at myself as I posted it cause I kept second guessing my math. Seems like it's a weird range to add up for some reason.
  • #768,716
  • Aug 20, 2023 10:55am Aug 20, 2023 10:55am
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

It was Zebi who was supposed to reply!

For example:

Zebi: dude, how many times did you fall on the head while you were young?

Me: Zebi!

Zebi: What!?

Me:
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  • #768,717
  • Aug 20, 2023 10:56am Aug 20, 2023 10:56am
Quoting charlienoble
{quote} No problem. Was laughing at myself as I posted it cause I kept second guessing my math. Seems like it's a weird range to add up for some reason.
  • #768,718
  • Aug 20, 2023 10:58am Aug 20, 2023 10:58am
Quoting charlienoble
{quote} No problem. Was laughing at myself as I posted it cause I kept second guessing my math. Seems like it's a weird range to add up for some reason.
My eldest son was born 1997 and he's 26 this year so it was easy for me, plus been trading 20+ years myself...
  • #768,719
  • Aug 20, 2023 10:59am Aug 20, 2023 10:59am
Quoting TheWraith
{quote} That's a complete lie... It's impossible that you have been trading for 15 or 20 years as the first retail fx broker was only launched in 1996 or 1997, so do the math. It would be 2027 for you to trade for 20 years... lol. Some people missed basic math in school...
I think you misread misunderstood his post ? Hes been trading for 20 yrs...Trading is the operative word....And it was Stocks from what I read.

Disclaimer: I dont know all the people/players in this thread and the obvious drama in here....I only saw my old friend BFX17's post on the ft page of forum
and is why I popped in.. Not picking sides in any bullshit drama only pointing out the obvious Dont know Zebi dont know Wraith !

Ive been trading for over 40 yrs off and on... full on for last several decades...and switched over from trading stocks in late 90s to Fx..... So when someone says
they have been trading for 20 yrs could mean a myriad of instruments

Cheers
Blue
Master your Mind,,,Master the Market
  • #768,720
  • Aug 20, 2023 11:00am Aug 20, 2023 11:00am
Count down for Jackson Hole has begun
average dude treading water
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