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Cable Update (GBPUSD)

  • #775,441
  • Sep 17, 2023 2:27am Sep 17, 2023 2:27am
Quoting Coreg2004
{quote} Dummie, here you have it...it's your own post. Ask someone to calculate a profit factor for you. {image} {image}
I remember that post. I think the confusion, is that the trade history Wave showed, only included open trades. I remember the vast majority were in larger open profit, and only 2 or so, were in a small floating loss. The profit factor shown, was therefore only based on these open trades, which is why it was so large. I remember he tried to explain this to you also.
Compulsions can be hard to resist
  • #775,442
  • Sep 17, 2023 2:29am Sep 17, 2023 2:29am
Quoting donfriday
{quote} dont mentor anyone with this type of trading mentality of retail sell big money buy, retail buy big money sell sentiment is very dumb.
Everyone has to learn by themselves and their experience.
  • #775,443
  • Sep 17, 2023 2:31am Sep 17, 2023 2:31am
Quoting iusman23
Hello Seniors, Look at my analysis and help me correct my mistakes. GBPUSD H1: 4545446 The Orange rectangle is marking the previous 2 supports and then we can see it went bearish. It tried to retest the price upward and rejected the previous support and when bearish again. Which clearly means a downtrend to be continued. There is another long green wick upward which means sellers are in power here and the downtrend is to continue. The market closed at the price of 1.237* and when it opens up again, it will hit the green rectangle I made below the...
We can't see your charts. Maybe post them here as screenshots rather than attachments? Thanks!
  • #775,444
  • Sep 17, 2023 2:33am Sep 17, 2023 2:33am
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Intraday Trading is an Art _ hoda
  • #775,445
  • Sep 17, 2023 2:33am Sep 17, 2023 2:33am
Quoting W0lfram
Profit Factor isn't calculated based on open trades. One can only include closed trades in the calculation, as open trades have not yet realized a profit or loss. If you do, then your PF will be subject to fluctuations based on the current market prices. Pure incompetence and manipulative statement, Coreg. {image} {image}
I just saw this before my own response. Exactly. The PF will fluctuate when based on open trades, and if those open trades are far more green than red, then the floating PF will be big.
Compulsions can be hard to resist
  • #775,446
  • Sep 17, 2023 2:35am Sep 17, 2023 2:35am
Quoting TheWraith
{quote} Everyone has to learn by themselves and their experience.
did you learn ABC yourself?
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MY OPINION NOT FINANCIAL ADVISE
  • #775,447
  • Sep 17, 2023 2:42am Sep 17, 2023 2:42am
Quoting donfriday
{quote} did you learn ABC yourself? {image}
This isn't school. There are a lot of things we cannot be 100% certain about in FX. This is a clear case of that. You have your own belief and I have mine. We have both seen enough evidence to support what we think is going on in FX, but we can't really say with 100% of confidence that what we believe to be true is actually true.

I'm not saying you're wrong, I'm saying I have another opinion. Both of us can be right. A little something I've been working on in my life is that, perhaps there is no ultimate truth sometimes. Sometimes two different views could come to the same conclusion. Can we live with that idea?
  • #775,448
  • Sep 17, 2023 2:42am Sep 17, 2023 2:42am
https://www.forexfactory.com/trades

statistically speaking, there are still far too many gbpusd buy trades open (68 percent), for this pair to start reversing up yet (longer term). Of course, as traders close their short trades, the percentage of open buys Will naturally increase, so it’s not all about retailers necessarily being wrong.
Compulsions can be hard to resist
  • #775,449
  • Sep 17, 2023 2:44am Sep 17, 2023 2:44am
Babies will usually start to say true words between 10 and 14 months. Once your child says their first word, it will likely be followed soon by “Mama.”
Intraday Trading is an Art _ hoda
  • #775,450
  • Sep 17, 2023 2:51am Sep 17, 2023 2:51am
Quoting TheWraith
{quote} This isn't school. There are a lot of things we cannot be 100% certain about in FX. This is a clear case of that. You have your own belief and I have mine. We have both seen enough evidence to support what we think is going on in FX, but we can't really say with 100% of confidence that what we believe to be true is actually true. I'm not saying you're wrong, I'm saying I have another opinion. Both of us can be right. A little something I've been working on in my life is that, perhaps there is no ultimate truth sometimes. Sometimes two different...

you know better than Harvard Business school


cheers.
MY OPINION NOT FINANCIAL ADVISE
  • #775,451
  • Sep 17, 2023 2:58am Sep 17, 2023 2:58am
Posting LIVE trades is the only real proof that someone is genuine ....have a great Sunday everyone yes even you Leon you cheeky monkey you...
  • #775,452
  • Sep 17, 2023 3:19am Sep 17, 2023 3:19am
Quoting Waveskierrob
Posting LIVE trades is the only real proof that someone is genuine ....have a great Sunday everyone yes even you Leon you cheeky monkey you...
TE with REAL broker is good also. Shady brokers are a sign of scam.

Everybody can see real time when you entered the trade. They don’t see TP SL if that setting is hidden. Entry prices are always shown.

Leon is shady as his dealings and thankfully he proved it perfectly over this weekend. Im glad. Fools won’t understand it either way

Leon is done.
How to succeed in zero sum game?
  • #775,453
  • Sep 17, 2023 3:21am Sep 17, 2023 3:21am
Quoting W0lfram
{quote} No, you haven't. Software did Hold your shit and go learn some basics. Yearly pf is 5.6, relax 4 days after what, remind me. I think I was suspended. _______ Due to your incompetence (you have declared a pf = 1164 b/c of wrong math), you demanded the other member to prove your manipulative and false statement. Do you admit it or will you continue to spread lies?
I don’t think it was wrong math, as it was displayed on the trade history report. Coreg just didn’t notice that it was based on open trades. Wave pointed this out to him at the time. He may have forgot though….?
Compulsions can be hard to resist
  • #775,454
  • Sep 17, 2023 3:25am Sep 17, 2023 3:25am
Quoting donfriday
{quote} you know better than Harvard Business school cheers.
What do you mean Harvard? They're the last resort I would count on explaining anything in life.

Well, that would be it for this discussion!
  • #775,455
  • Sep 17, 2023 3:25am Sep 17, 2023 3:25am
Quoting trumps
{quote} I don’t think it was wrong math, as it was displayed on the trade history report. Coreg just didn’t notice that it was based on open trades. Wave pointed this out to him at the time. He may have forgot though….?
There is zero point to go on with that . These folks will say whatever they need to to save their butts. Lie, manipulate It doesnt matter. No open TE = ignore barkings. Easy.
How to succeed in zero sum game?
  • #775,456
  • Sep 17, 2023 3:28am Sep 17, 2023 3:28am
Quoting trumps
{quote} I don’t think it was wrong math, as it was displayed on the trade history report. Coreg just didn’t notice that it was based on open trades. Wave pointed this out to him at the time. He may have forgot though….?
Yes correct Leon was being very economical with the truth..., as always only posting what he wants you to see...
  • #775,457
  • Sep 17, 2023 3:29am Sep 17, 2023 3:29am
Quoting dempire1
{quote} There is zero point to go on with that . These folks will say whatever they need to to save their butts. Lie, manipulate It doesnt matter. No open TE = ignore barkings. Easy.
I am providing clarity to someone else’s confusion about a profit factor that was displayed on a trade history report. If you find it irrelevant, feel free to just ignore the comment. Easy….
Compulsions can be hard to resist
  • #775,458
  • Sep 17, 2023 3:31am Sep 17, 2023 3:31am
Quoting trumps
{quote} I am providing clarity to someone else’s confusion about a profit factor that was displayed on a trade history report. If you find it irrelevant, feel free to just ignore the comment. Easy….
Yes again Leon does like to leave confusion on his posts, funny that...
  • #775,459
  • Sep 17, 2023 3:46am Sep 17, 2023 3:46am
Quoting Zebi
i did a search about 1164 profit factor and the first one to post about that was coreg https://www.forexfactory.com/search?...5787887&page=2 unless wavegarrick said it and deleted the post later...i dont know people here act like 5th graders but they arent smarter than them LOL...so it could be someones misplaced decimal point which is more likely LOL https://www.forexfactory.com/thread/...it-factor-1164 so id have to score this round for wavegarrick

There is nothing on that link, wtf you talking about?
How to succeed in zero sum game?
  • #775,460
  • Sep 17, 2023 4:02am Sep 17, 2023 4:02am
Quoting Zebi
i did a search about 1164 profit factor and the first one to post about that was coreg https://www.forexfactory.com/search?...5787887&page=2 unless wavegarrick said it and deleted the post later...i dont know people here act like 5th graders but they arent smarter than them LOL...so it could be someones misplaced decimal point which is more likely LOL https://www.forexfactory.com/thread/...it-factor-1164 so id have to score this round for wavegarrick
Finding someone else talking about a profit factor of 11.64 during a discussion about a profit factor of 1164. That’s quite a find, well done
Compulsions can be hard to resist
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