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Cable Update (GBPUSD)

  • #777,901
  • Sep 25, 2023 12:43pm Sep 25, 2023 12:43pm
Quoting Zebi
{quote} i have ? LOL not fulltime all that time..i blew accounts took years off and tried it again...back then the only game in town was stocks and futures so the minimum to open a interactivebrokers account back then was 10k and that still wasnt enough to trade the SnP mini contract LOL so us old timers when we talk about blowing up our accounts we're talking about big money compared to the 500 dollar prop firm shit ive only been trading full time the last 10 years after i got my head straight throwing out all the books and doing the opposite...
Actually it depends on the books you read. The “do opposite” has been sold to most of the folks by fake gurus on yt, instagram and tiktok etc. These SMC MLM gurus had to come up with something to sell to people. ICT being the worst of them all… Anyways. There are plenty of books to work with and don’t think knowledge from them is garbage. Gann, wave logic etc…

Just remember. All this Kreil stuff on yt and retail stop hunting is not as it’s been told and made most of peeps believe it’s all sales. There is stop hunts and all that but it’s not as bad. Being a retail trader is the best thing to be. Use that advantage

Happy pips!
How to succeed in zero sum game?
  • #777,902
  • Sep 25, 2023 12:51pm Sep 25, 2023 12:51pm
Quoting dempire1
{quote} Actually it depends on the books you read. The “do opposite” has been sold to most of the folks by fake gurus on yt, instagram and tiktok etc. These SMC MLM gurus had to come up with something to sell to people. ICT being the worst of them all… Anyways. There are plenty of books to work with and don’t think knowledge from them is garbage. Gann, wave logic etc… Just remember. All this Kreil stuff on yt and retail stop hunting is not as it’s been told and made most of peeps believe it’s all sales. There is stop hunts and all that...
don't mind me bro ,but according to you this things are sold via MLM then I wonder which method works in the markets , I have seen your performance I think this fall has washed your account as you were long last week . so do you have the solution to the problem, thankyou
  • #777,903
  • Sep 25, 2023 12:59pm Sep 25, 2023 12:59pm
Quoting AlfieSolomon
{quote} don't mind me bro ,but according to you this things are sold via MLM then I wonder which method works in the markets , I have seen your performance I think this fall has washed your account as you were long last week . so do you have the solution to the problem, thankyou
Ouch
  • #777,904
  • Sep 25, 2023 1:00pm Sep 25, 2023 1:00pm
Quoting AlfieSolomon
{quote} don't mind me bro ,but according to you this things are sold via MLM then I wonder which method works in the markets , I have seen your performance I think this fall has washed your account as you were long last week . so do you have the solution to the problem, thankyou
What things are sold via MLM? I’m having hard time understanding your questions.

As far as account goes. You telling me how ‘washed up’ I was is a clear indication that I shouldn’t have this conversation with you

good luck sir
How to succeed in zero sum game?
  • #777,905
  • Sep 25, 2023 1:17pm Sep 25, 2023 1:17pm
a daily close above 2230 gona give a buy signal which is the only other long ill take since i already got 4


if that happens we'll prolly revisit the red line low at 2308 and close of 2350 of that may 22nd weekly candle in my chart

my average is at 2225 so im only 5 pips down at the moment LOL for all this bearish sentiment in the room this morning....thats what i mean about doing the opposite cause most everyone was bearish earlier today but they forgot we were at the booger line support


a weekly close over that red line which is very possible means a bounce to 2600 atleast before price starts falling again


edit: i guess my average is 2221 so im almost breakeven
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short trump and go long the deepstate
  • #777,906
  • Sep 25, 2023 1:30pm Sep 25, 2023 1:30pm
Sell limit 1.22348
SL, 1.22454
TP, 1.22110

(Added sell limit, because I am really bad at buying).
Secret to the Price Action is Liquidity.
  • #777,907
  • Sep 25, 2023 1:48pm Sep 25, 2023 1:48pm
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #777,908
  • Sep 25, 2023 2:07pm Sep 25, 2023 2:07pm
Quoting JereMi256
{quote} Re-entry [email protected] TP1 1.2300 SL pending...
Added @1.2208
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Face 'ur fears & tame 'ur greed
  • #777,909
  • Sep 25, 2023 2:17pm Sep 25, 2023 2:17pm
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yes yes yes
  • #777,910
  • Sep 25, 2023 2:29pm Sep 25, 2023 2:29pm
Quoting Moty
{image}
How? There is a strong resistence at 1.2215, I don't think it will go through that point. It will retest to at least 1.22180 and will make another low.
I just do not want to take any entry till I learn how to properly adjust SL, I bearing huge loss already. So not taking entry on my analysis.
Secret to the Price Action is Liquidity.
  • #777,911
  • Sep 25, 2023 2:36pm Sep 25, 2023 2:36pm
Phew~ finally GU came down now. Patience is really needed to take more profit.
I could have closed some of my SHORT positions when it went up to 1.22200.
just feel it's not normal reversal , should wait more time until I see how the sell candles will be.
and the MA lines curve tells me next move should be go down.
wait to see if it can reach 1.215

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BELOW IS DEMO ACCOUNT, SHORT from 1.27 is an easy ride.
I had the same positions in live account, alas I've done stupid trades in loss that I closed them with small profit.
Next time don't do anything if I got ACE positions.

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  • #777,912
  • Sep 25, 2023 2:51pm Sep 25, 2023 2:51pm
Long trades on GU (70%) and EU (66%) could be a sign of more downward movement.
  • #777,913
  • Sep 25, 2023 2:53pm Sep 25, 2023 2:53pm
Quoting dantpm
Long trades on GU (70%) and EU (66%) could be a sign of more downward movement.
That'd be great for me
  • #777,914
  • Sep 25, 2023 3:01pm Sep 25, 2023 3:01pm
Quoting eyefeelsix
{quote} Target Reached! #TalkLessDoMore {image}

have taken buy for 4R, maybe Asian Session

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https://breakpullback.com
  • #777,915
  • Sep 25, 2023 3:12pm Sep 25, 2023 3:12pm
Quoting trumps
there is monthly support around 1.23 region
that’s not holding. Looks like we are going down quite deep
Compulsions can be hard to resist
  • #777,916
  • Sep 25, 2023 3:34pm Sep 25, 2023 3:34pm
Quoting iusman23
{quote} I have tried with M15 but when candles are too close, I cannot find support and resistance easily.
I learned that you cannot trust "candles" alone, find other things that validate the "strength" of candles.
The market hides a perfect geometry.
  • #777,917
  • Sep 25, 2023 4:22pm Sep 25, 2023 4:22pm
I am too tired from errands to trade yesterday and participate here , I only got one order then slept. But here's an idea you might consider.

You can't see this with "candles" alone. The answer can also be seen in this thread, but don't be too arrogant to assume, test everything.

So basically, your SL should be put where there is "true" strength.

But you know everything can happen, so your mind should be ready to buy and sell anytime, not fix your mind to buying only, or selling only.
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The market hides a perfect geometry.
  • #777,918
  • Sep 25, 2023 4:59pm Sep 25, 2023 4:59pm
Quoting Moty
{image}
u sure
  • #777,919
  • Sep 25, 2023 5:02pm Sep 25, 2023 5:02pm
Quoting Bones
{image}

hey bones, nice going...finally a declaration from you

not a helpful one like how much lower you think price is falling this last week of the month but at least youve committed yourself that price wont retrace instead of being ambiguous ...so the room has to be satisfied with that

i took a screenshot of your post and will make it into a NFT and try to sell it

i know, i know the NFT market has crashed 95% and youll protest that you dont want to be lumped in with bieber, snoop dog and even melania trump in the NFT universe but i think someone on FF will offer us atleast a dime for your addition of 3 words to my chart


https://markets.businessinsider.com/...-tokens-2023-9
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short trump and go long the deepstate
  • #777,920
  • Sep 25, 2023 5:20pm Sep 25, 2023 5:20pm
Quoting Bones
{image}

just so you know bonezy theres a green line just under the red at 2295...dont know if you missed it or you think that one will get touched?
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short trump and go long the deepstate
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