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Cable Update (GBPUSD)

  • #772,521
  • Sep 4, 2023 2:00pm Sep 4, 2023 2:00pm
Quoting forexn00b81
{quote} looks ripe for a real drop to me
No drop...
  • #772,522
  • Sep 4, 2023 2:08pm Sep 4, 2023 2:08pm
Quoting thevisitor
{quote} No drop...
Weekly candle is in green, also weekly pivot is lurking around this point.
Buying on dips for me
Trade save!
  • #772,523
  • Sep 4, 2023 2:12pm Sep 4, 2023 2:12pm
FF, particularly this thread has full of narcissistic and derogatory comments lately. There is no proper discussion or learning from each other.
  • #772,524
  • Sep 4, 2023 2:22pm Sep 4, 2023 2:22pm
None of my posts from yesterday were removed/hidden which only means that my suspension was abuse of power. I think I know who did it and you will lose ability to do it again.

As for being flagged as a scammer. If you don’t have anything to hide then nobody will ever call you a scammer or a shady person. It’s as simple as that. Own what you say or don’t say it at all.

Running away will only prove that you actually are shady. Open TE with your shady broker will you?

Cheers
How to succeed in zero sum game?
  • #772,525
  • Sep 4, 2023 2:29pm Sep 4, 2023 2:29pm
Quoting dempire1
None of my posts from yesterday were removed/hidden which only means that my suspension was abuse of power. I think I know who did it and you will lose ability to do it again. As for being flagged as a scammer. If you don’t have anything to hide then nobody will ever call you a scammer or a shady person. It’s as simple as that. Own what you say or don’t say it at all. Running away will only prove that you actually are shady. Open TE with your shady broker will you? Cheers
I think I know who did it and you will lose ability to do it again.
(Ain't gonna happen.)
To free Gazans of Hamas, use whatever it takes.
  • #772,526
  • Sep 4, 2023 2:44pm Sep 4, 2023 2:44pm
Quoting Ferna
https://www.youtube.com/watch?v=wJcezFpIWwU
I hear your Sepultura, and I raise you by Lamb of God
Inserted Video
I have no clue where it's going
  • #772,527
  • Sep 4, 2023 2:46pm Sep 4, 2023 2:46pm
Quoting dantpm
DXY is trading within the top of the Friday range, a range that was defined by low volume. Today also has low volume. It will be interesting to see where this goes tomorrow as regular volume is at least available.
Yea, also contrast with SP500 (Sept is historically bearish) - I think makes for interesting times once vol is back.
  • #772,528
  • Sep 4, 2023 2:47pm Sep 4, 2023 2:47pm
Quoting sheva89
FF, particularly this thread has full of narcissistic and derogatory comments lately. There is no proper discussion or learning from each other.
you are right you wont learn anything here
  • #772,529
  • Sep 4, 2023 2:54pm Sep 4, 2023 2:54pm
Quoting T721
{quote} you are right you wont learn anything here
You always have more than one choice, You can quit or you can not quit.
Ignore the haters and those trying to destroy the thread!
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  • #772,530
  • Sep 4, 2023 3:53pm Sep 4, 2023 3:53pm
Quoting navk
{quote} Some regulatory issues. Better you jump to another thread. And ask questions. I am tired of this questions. And better this thread be trading thread.
I have no questions. I've asked no questions. You brought up the topic of MFF, and I have no dog in that fight. Back to trading.
  • #772,531
  • Sep 4, 2023 4:53pm Sep 4, 2023 4:53pm
Quoting GEfx
{quote} I have no questions. I've asked no questions. You brought up the topic of MFF, and I have no dog in that fight. Back to trading.
Yeah better to talk on trading subjects in this thread.

There are seperate threads for each topic.

Intraday only.
  • #772,532
  • Sep 4, 2023 4:55pm Sep 4, 2023 4:55pm
After a holiday, today we should see some good movements in all pairs.
Intraday only.
  • #772,533
  • Sep 4, 2023 6:25pm Sep 4, 2023 6:25pm
Quoting Danger-Mouse
{quote} Peter..that snapshot? C'mon..what's the point? There's no trades, no instrument? You'd be first to scoff and laugh if someone else posted something like that up. Birdland asked u a question on FTSE/GU correlation. In my earlier eager years I thought yup, this is just an inverse relationship. yes, Ftse goes up and pound goes down..but I found no use for it in intraday trading as they can both trend away quite a bit from what one would think to be the norm. Maybe you are talking bout how they correlate over a far greater time period..although...
Short precise reply - Do thorough research BEFORE making any assumptions re: what will be useful and not. This is why you talk about 'why/how is this useful?'. People here do not think like traders etc, you're thinking like people who want access to something but won't flex or bend to learn. I spoke simply. There is nothing cryptic about saying 'do research'. Jeez. Always the same. Minimal learning but want the answers upfront. So please, please, go and re-read what I wrote and THINK about it in new ways. There are no mind games, just plain common sense and a little effort and thinking.

EVERY "INSTRUMENT" has a relationship with everything else, otherwise it serves no purpose.

I'm not posting those results to brag or to pretend I'm dong or not doing anything. People said I'm lying, there's the simple basic proof that what i said is possible, doable and repeatable. And the gbpusd is no different.


Peter
Real Trading is not gambling.
  • #772,534
  • Sep 4, 2023 6:30pm Sep 4, 2023 6:30pm
Quoting ScalaFX
{quote} hahahaha what a idiot
the real losers online will never be satisfied with ANY shown results, BUT, strangely enough, are "so smart" to show everyone online in the world their inner workings. CONGRATULATIONS! You're now officially made the grade. So celebrate it, embrace it ...... because people like you are already living it. You people have been "told" .... yeah go on, put it all online for your "friends" to see and discuss .... and just like semi-absent people, you do it. Enjoy.

Nice talking at you. Maybe next time then.

Peter
Real Trading is not gambling.
  • #772,535
  • Sep 4, 2023 6:32pm Sep 4, 2023 6:32pm
Quoting birdland
{quote} I will do my own research, watch the GU against the FTSE for some time and maybe I can draw conclusions and improve the probabilities. I'm sceptical about finding out about the FTSE's history and what drives it to rise and fall, but I'm open-minded and will take a look at it. thx.
you cannot track what you do not understand. And you cannot trade what you cannot track. Simple common sense.

Now go read my response to danger-mouse for added explanation.

Peter
Real Trading is not gambling.
  • #772,536
  • Sep 4, 2023 6:55pm Sep 4, 2023 6:55pm
Quoting birdland
{quote} you keep stressing that the lower the lever the better. i agree, you focus more on the real movements instead of letting your expectations and fears take control. but here with your small trading account (i guess it's 100-200 USD initial capital) you are forced to use leverage because the smallest unit is a microlot 0.01, which is 1000 USD. how do you deal with that? do you only do one trade or do you also do averaging? i'm not asking any questions to provoke you, but i'm really interested in learning more and also in taking on board other...
Using mt4, I opened a $200+ AUD account. Doing this keeps it realistic for someone to relate to the whats and whys. Seeing as its a basic account, it uses max 1:30 leverage on majors. While the margin reqd is low-ish, there's no choice than to do it manually and overlap orders as little as possible. I get around the games brokers play by manually trading. No I won't go into it more here or anywhere else as that is a no-no. Each person should do their research, placing multiple asset classes side by side from several different locations so that you can start to see the sparsity of the market and the "games" played. I don't really waste my time with a lot of the hoo-haa that is talked about on these sites. I track it. Doing this requires very little false reality and therefore I can move with it and trade when it pleases me. Of course, as I've said before, I don't "use" styles, I use them all if and when wanted or reqd. I pick my placement well so I can move around instead "being moved".

I manage what is open at all times, so "2% of account etc" doesn't come into it. Each person must get a feel for what is enough/too much when managing their open positions. There's really little point in going further until a person understands how to track not predict or even anticipate. You track by being generic not specific/super-specific. The latter leaves you no choice but to speculate and then you've cornered yourself.

This is the advantage of understanding real %'s instead of using gambling %'s.

It's about framing your mind not the chart. Always has been.

Peter
Real Trading is not gambling.
  • #772,537
  • Sep 4, 2023 8:15pm Sep 4, 2023 8:15pm
gbpusd still looks quite looks bearish to me and will look to add to my short
  • #772,538
  • Sep 4, 2023 8:38pm Sep 4, 2023 8:38pm
Dont really like it here however, needs to build away....build away ..could it fall away ..possibly but my visualization says needs to build away!!!
  • #772,539
  • Edited 9:11pm Sep 4, 2023 8:57pm | Edited 9:11pm
Short

Let's Go Brandon.
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  • #772,540
  • Sep 4, 2023 9:18pm Sep 4, 2023 9:18pm
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yes yes yes
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