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Cable Update (GBPUSD)

  • #792,681
  • Nov 24, 2023 6:50am Nov 24, 2023 6:50am
Mixed data and nothing to write home about
Insane in the Brain..
  • #792,682
  • Nov 24, 2023 6:52am Nov 24, 2023 6:52am
Quoting Pat Chiko
{quote} Been following you "REAL TIME" trade calls. Depposit 5K, loss 17 K Talking about bragging those losses.......... BTW, thanks for giving "REAL TIME" trade calls. Keep it coming, need to fill this kitty for the weekend charity works. This account will expire by 25th Nov. Will open new account for high leverage trading{image}

GBP Small High Gear Account - Monthly Trading Challenge Summary

This month's GBP Small High Gear account has been closed, concluding a trading period that commenced on October 25th.
In accordance with the block trading strategy employed, the account was actively traded on four occasions throughout the month.

Opening a new account next week for another high gear monthly challenge.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #792,683
  • Nov 24, 2023 7:03am Nov 24, 2023 7:03am
Quoting Pat Chiko
{quote} GBP Small High Gear Account - Monthly Trading Challenge Summary This month's GBP Small High Gear account has been closed, concluding a trading period that commenced on October 25th. {image} {image}

Embarking on a New Monthly Trading Challeng.

Will continue with a new small account next week and embarking on another monthly trading challenge.
Will be be sharing trades as usual as I go, hoping to provide valuable insights for fellow traders.

Since I'll be using a block trading strategy, you might only see me trade once a week for this challenge.
However, I believe that even infrequent trades can yield significant results with careful planning and execution.

Throughout the challenge, I'll be sharing my thought process behind each trade, hoping to shed light on the intricacies of block trading and how to effectively apply it to grow your small account each month.

We can explore the potential of block trading and discover strategies and process to gain some insigth on trading and understanding on how to grow small account every month.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #792,684
  • Nov 24, 2023 7:07am Nov 24, 2023 7:07am
2 weeks ago I put £50 in my account and by this morning had turned it into £552

Lost £420 of that today. Great way to start the weekend. Should have listened to myself and not traded.

Should never have even started 7 years ago.
  • #792,685
  • Nov 24, 2023 7:09am Nov 24, 2023 7:09am
Quoting JackintheBox
{quote} I see some statistical edge for short, I was curious if they manage to take out old highs today and they did. Short 1.2590, cheers. Market extremely slow today, I wonder if they are already on holiday because of yesterday holiday. Would fit, cause on Tuesday, Wednesday was lots of action, more than normal. Let's see after news if market get a bit more drive per minute.
A week later and you are still talking about shorts while the market has done nothing but go up. You are so good at this.

Congratulations ScalaFX for coming out of the closet!
  • #792,686
  • Nov 24, 2023 7:10am Nov 24, 2023 7:10am
Quoting fontu
{quote} unable take off , range down for any reliable support next 103! so others got chance to spike up enough soon! {image}
Probably just needs more lines. Maybe add some circles, too.
Congratulations ScalaFX for coming out of the closet!
  • #792,687
  • Nov 24, 2023 7:11am Nov 24, 2023 7:11am
Quoting fxmasterdxb
{quote} you have to be calm and cool, plus practice your normal life, engage with family & friends, go out have fun and dont be glued to the screen hoping or praying for price to go your direction.
Absolutely...
  • #792,688
  • Nov 24, 2023 7:12am Nov 24, 2023 7:12am
Quoting MrFanciful
2 weeks ago I put £50 in my account and by this morning had turned it into £552 Lost £420 of that today. Great way to start the weekend. Should have listened to myself and not traded. Should never have even started 7 years ago.
at least you stopped trading gold... thats a small step you made in your rehabilitation
short trump and go long the deepstate
  • #792,689
  • Nov 24, 2023 7:16am Nov 24, 2023 7:16am
Quoting nubcake
{quote} Probably just needs more lines. Maybe add some circles, too.
I trade on stats, that's a bit different. I'm still in the trade from 1.2590. Very unusual move currently but sometimes that happens. Thanks for commenting.
  • #792,690
  • Nov 24, 2023 7:16am Nov 24, 2023 7:16am
It’s a no retrace Friday. Every hammer blow to bring it down is missing. 126 cracked , not done any analysis above 126 as to where next
Insane in the Brain..
  • #792,691
  • Nov 24, 2023 7:18am Nov 24, 2023 7:18am
Quoting felinex
{quote} Hi Navk, I see that even today you earned $2000 I saw your past screenshots where you earn thousands of dollars every day. But do you never lose? That would be an interestingand useful answer for the newbies like me. {image}
I loose many days if i do not control greed.
Intraday only.
  • #792,692
  • Nov 24, 2023 7:21am Nov 24, 2023 7:21am
Quoting nubcake
{quote} A week later and you are still talking about shorts while the market has done nothing but go up. You are so good at this.
I managed to kill 75% of my position +/-0 on last leg down at 1.26058. I keep the rest, currently in green at 1.2603. Thanks for commenting nubcake. I mean that honestly.
  • #792,693
  • Nov 24, 2023 7:22am Nov 24, 2023 7:22am
Holiday or not
We got a 90 pips day
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yes yes yes
  • #792,694
  • Nov 24, 2023 7:22am Nov 24, 2023 7:22am
Quoting JackintheBox
{quote} I see some statistical edge for short, I was curious if they manage to take out old highs today and they did. Short 1.2590, cheers. Market extremely slow today, I wonder if they are already on holiday because of yesterday holiday. Would fit, cause on Tuesday, Wednesday was lots of action, more than normal. Let's see after news if market get a bit more drive per minute.
From the current high, the price can/may drop to 2550/60 today.

Today range completed.
Intraday only.
  • #792,695
  • Nov 24, 2023 7:26am Nov 24, 2023 7:26am
Quoting BeeTogether
It’s a no retrace Friday. Every hammer blow to bring it down is missing. 126 cracked , not done any analysis above 126 as to where next
Every shot at bringing the price down fuels the rise more!
  • #792,696
  • Nov 24, 2023 7:29am Nov 24, 2023 7:29am
Quoting Moty
Holiday or not We got a 90 pips day {image}
As I said, unusual. Hadn't expected that. They got me on the hook a bit but finally I managed to get out. I also made a mistake before, (but after entering initial position at 1.2590). Next upleg will be interesting, I would bet $100 that there will be no new high with next upmove of at least 6-8 pips, it will stay below old high. But that's just probs, always be careful. Sharks are waiting for you to eat you alive. Always.
  • #792,697
  • Nov 24, 2023 7:30am Nov 24, 2023 7:30am
Quoting Moty
Holiday or not We got a 90 pips day {image}
american exchanges close early today

the only ones trading today are pissant retail traders on robinhood broker and forex guys

even the market makers are pissant new hires that couldnt get vacation time in usa to eat turkey LOL
short trump and go long the deepstate
  • #792,698
  • Nov 24, 2023 7:31am Nov 24, 2023 7:31am
Quoting Pat Chiko
{quote} GBP Small High Gear Account - Monthly Trading Challenge Summary This month's GBP Small High Gear account has been closed, concluding a trading period that commenced on October 25th. In accordance with the block trading strategy employed, the account was actively traded on four occasions throughout the month. Opening a new account next week for another high gear monthly challenge.{image} {image}
Those profits when compared to the lot size/holding time are very impressive - 'block' as in setting lots of orders? When trading these 5k accounts for a month at a time, how often do you end up blowing the 5k?
  • #792,699
  • Nov 24, 2023 7:32am Nov 24, 2023 7:32am
Next short soon, if they let me in.
  • #792,700
  • Nov 24, 2023 7:36am Nov 24, 2023 7:36am
Quoting Zebi
{quote} american exchanges close early today the only ones trading today are pissant retail traders on robinhood broker and forex guys even the market makers are pissant new hires that couldnt get vacation time in usa to eat turkey LOL
Damn, thanks. Have not seen that. I think I will quit than for today. It's a bit a pity, stats are nice to short more with a bit more money than usual, may be 4 times higher than normal position for me. Hmmm... but when NY close than market is dead. Not sure if I like to get into new position now. I think I skip it than, thank Zebi for info.
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