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Cable Update (GBPUSD)

  • #769,101
  • Aug 22, 2023 1:33am Aug 22, 2023 1:33am
Quoting TheWraith
{quote} It did, thanks man! Now, I finally understand why price goes back to these areas of consolidation.
Excellent! Now you will nail entries nearly every time. Record your results, be patient and manage risk. The rest is easy. Just let it happen and know compounding takes time
Emotional Control. Process, not outcome.
  • #769,102
  • Aug 22, 2023 1:34am Aug 22, 2023 1:34am
sold from 70ies to 90ies following the emerging sell signal of my sistem in M1, lets see how far it propagate
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chaos is just unknown order
  • #769,103
  • Aug 22, 2023 1:35am Aug 22, 2023 1:35am
Quoting PeterCaleb
Here's a view on USD activity traded today via ONE pair. Just one pair. GBPUSD. And so far this month. {image} I think it's funny to read "commentary" and "chitchat" by people on these sites. SURELY any real person on them realizes most don't have a bloody clue what they're talking about. Enjoy. Peter
Peter nice trades!

But come on man, you don't have to belittle everyone here every time you write something. We are fully aware what opinion you hold about people on FF.

Alright? Thanks!
  • #769,104
  • Aug 22, 2023 1:36am Aug 22, 2023 1:36am
1.48% today and 16.80% so far for the month. On one pair. After trading costs. Live trading real money.

"Yeah 5% is impossible and unsustainable! You're a liar PeterCaleb!"

Ahha. Keep making excuses.

It's the simple truth of it all.


Have fun.

Peter
Real Trading is not gambling.
  • #769,105
  • Aug 22, 2023 1:36am Aug 22, 2023 1:36am
Quoting Konichiwhaat
close to 80 (but didn't touch?) Short
SL. It wanted 80. Jumped the gun (broke rules). Sidelines
Emotional Control. Process, not outcome.
  • #769,106
  • Aug 22, 2023 1:37am Aug 22, 2023 1:37am
Quoting Konichiwhaat
{quote} Excellent! Now you will nail entries nearly every time. Record your results, be patient and manage risk. The rest is easy. Just let it happen and know compounding takes time
Okay, so we should wait now for the price to enter that consolidation range and start buying at 1.2777 if I'm not mistaken, right?

On M1 we also had slight consolidation at 1.2785.
  • #769,107
  • Aug 22, 2023 1:37am Aug 22, 2023 1:37am
"For what I'm about to receive, my the lord make me truly thankful....
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  • #769,108
  • Aug 22, 2023 1:39am Aug 22, 2023 1:39am
Quoting PeterCaleb
1.48% today and 16.80% so far for the month. On one pair. After trading costs. Live trading real money. "Yeah 5% is impossible and unsustainable! You're a liar PeterCaleb!" Ahha. Keep making excuses. It's the simple truth of it all. Have fun. Peter
It was for 5% a day I think, not Month.

It's not hard if you stick to strategy that works. I had 7% after few weeks when I started trading Daily. If I had closed every position I would have made 7% after few weeks. So, it's not impossible.
  • #769,109
  • Aug 22, 2023 1:42am Aug 22, 2023 1:42am
Quoting TheWraith
{quote} Peter nice trades! But come on man, you don't have to belittle everyone here every time you write something. We are fully aware what opinion you hold about people on FF. Alright? Thanks!
If 99% of my peers / people choose to disbelieve AND choose to believe they know better ...... DESPITE the facts and the truth presented ..... then there is no choice but to show the evidence in ways that foregoes their idea of sanity and intelligence. Since I am dealing with a mixed bag of observers, a hearing of the moments must be made here.

The only people who will never take any offense to the simple obvious truth of it all, are the ones who wish to learn. All others are either fakes or other.

It boils down to this - learn and improve or continue to keep poor quality company.

The choice is simple really.


Peter
Real Trading is not gambling.
  • #769,110
  • Aug 22, 2023 1:43am Aug 22, 2023 1:43am
Quoting TheWraith
{quote} Okay, so we should wait now for the price to enter that consolidation range and start buying at 1.2777 if I'm not mistaken, right?
Not necessarily as there has been no data come out. Remember, the data spits the price out inefficiently. That has not happened, so a reversal at last weeks high is also possible. Be open to all options today. inefficient moves only come after data
Emotional Control. Process, not outcome.
  • #769,111
  • Aug 22, 2023 1:45am Aug 22, 2023 1:45am
Quoting PeterCaleb
{quote} If 99% of my peers / people choose to disbelieve AND choose to believe they know better ...... DESPITE the facts and the truth presented ..... then there is no choice but to show the evidence in ways that foregoes their idea of sanity and intelligence. Since I am dealing with a mixed bag of observers, a hearing of the moments must be made here. The only people who will never take any offense to the simple obvious truth of it all, are the ones who wish to learn. All others are either fakes or other. It boils down to this - learn and improve...
That's fine. But no teacher will constantly drag his students down. It's productive to start hard, but with time student gets used and start doing things automatically. It becomes pointless after some time.
  • #769,112
  • Aug 22, 2023 1:45am Aug 22, 2023 1:45am
Very soon immediately as 1.27833 is validated for a buy then the many buy charts will be flooding the floor.
Keep the Lights on then you can catch the rise from the dark.
  • #769,113
  • Aug 22, 2023 1:45am Aug 22, 2023 1:45am
Quoting Konichiwhaat
{quote} Not necessarily as there has been no data come out. Remember, the data spits the price out inefficiently. That has not happened, so a reversal at last weeks high is also possible. Be open to all options today. inefficient moves only come after data
Forgot that!
  • #769,114
  • Aug 22, 2023 1:46am Aug 22, 2023 1:46am
Quoting Konichiwhaat
{quote} As long as you believe in what you are doing and your bank account reflects that, that is all that matters. Nothing else. Did you watch the video? Did it give you some useful information on how the pricing engine works? (AKA, break, retest ect?) Also, keep an eye outside of the GBPUSD box. You will really see when "its time" {image}
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yes yes yes
  • #769,115
  • Aug 22, 2023 1:46am Aug 22, 2023 1:46am
If one uses a "5% per day" attitude then it creates strong work ethics.

If one is truthful and realistic, then one accepts that creating an average of 5% per day is also helpful AND also creates good healthy work ethics.

So either way, it helps.

Besides, I do more these days than just sit in front of a screen. Creating strong work ethics is more valuable than cash. ALWAYS.


Peter
Real Trading is not gambling.
  • #769,116
  • Aug 22, 2023 1:46am Aug 22, 2023 1:46am
Quoting TheWraith
{quote} It was for 5% a day I think, not Month. It's not hard if you stick to strategy that works. I had 7% after few weeks when I started trading Daily. If I had closed every position I would have made 7% after few weeks. So, it's not impossible.

I learnt to make spreadsheets at school too.
Follow The Markets Structure - Patience and Discipline
  • #769,117
  • Aug 22, 2023 1:47am Aug 22, 2023 1:47am
Quoting TheWraith
{quote} Okay, so we should wait now for the price to enter that consolidation range and start buying at 1.2777 if I'm not mistaken, right? On M1 we also had slight consolidation at 1.2785.
Be ready to see it. You can go to the 1 min, but I find the 5 min is low enough
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Emotional Control. Process, not outcome.
  • #769,118
  • Aug 22, 2023 1:48am Aug 22, 2023 1:48am
reversal is coming on M5
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  • #769,119
  • Aug 22, 2023 1:48am Aug 22, 2023 1:48am
BoJ Core CPI came out at 3.3% instead of forecasted 2.9%. This could push BoJ closer to changing their stance.
  • #769,120
  • Aug 22, 2023 1:49am Aug 22, 2023 1:49am
Quoting TheWraith
{quote} Forgot that!
There you go. If that's what you choose, and it works, that's good
Emotional Control. Process, not outcome.
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