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Cable Update (GBPUSD)

  • #798,721
  • Dec 23, 2023 12:39am Dec 23, 2023 12:39am
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POSTMASTER
  • #798,722
  • Dec 23, 2023 1:58am Dec 23, 2023 1:58am
GBP/AUD.
this pair would be a bull right now if the holidays weren't approaching.
wave counting confirms this.
H4.
  • #798,723
  • Dec 23, 2023 2:55am Dec 23, 2023 2:55am
January will be chaotic as usual.
  • #798,724
  • Dec 23, 2023 3:37am Dec 23, 2023 3:37am
Quoting Wavegarrick
{quote} Today I closed a years worth of trades on my long term strategy. I must thank my regular supporters, Mosisky= Mosisky you have kept my sanity here, Milan, Mallee, Headland, Birdland, Bigiivan, Moty, Hoda, Moondoggie, Georginson. You Guys are awesome and thank you so much. A chart with no squigly lines and current state of affairs. GU closed trades: {image} {image} {image} Next year will be awesome and looking forward to it. Best regards.
Bro, a question if you don't mind.
You hold the trades for so long, months even, the cost of swap must be on the high side, right?
How do you deal with swap cost i wonder?
My broker has higher swap cost for GU buy and a much lesser swap cost for GU sell, either way I'm paying swap after each day of holding on to my existing trades. Not that the swap will hurt me much, but curious is there an alternative way of dealing with swap more favourably by considering other broker option, currently using pepper, been with them for many years.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 63.3%
  • #798,725
  • Dec 23, 2023 4:37am Dec 23, 2023 4:37am
There are strategies that are not worth trading because of the costs, such as arbitrage.
  • #798,726
  • Dec 23, 2023 5:00am Dec 23, 2023 5:00am
Quoting Wavegarrick
{quote} Today I closed a years worth of trades on my long term strategy. I must thank my regular supporters, Mosisky= Mosisky you have kept my sanity here, Milan, Mallee, Headland, Birdland, Bigiivan, Moty, Hoda, Moondoggie, Georginson. You Guys are awesome and thank you so much. A chart with no squigly lines and current state of affairs. GU closed trades: {image} {image} {image} Next year will be awesome and looking forward to it. Best regards.
Leon, you are an unreal man! I pretend to have a patience, but you kill me. I don't think I will hold a trade for a whole year. You have no feelings, brother. That's awesome! Every trader has to be like you!
However, I write you to ask you something: before a year or two, I asked you why you trade with that size of lots (then you traded with 0,02 lots, after you started to trade with 0,05 lots). Now I am asking you again: why you trade with 0,05 lots? This is not question for answer, this is a question for you.
Wish you more pips during the next year, Leon!
  • #798,727
  • Dec 23, 2023 5:11am Dec 23, 2023 5:11am
Quoting bigiivan
{quote} Leon, you are an unreal man! I pretend to have a patience, but you kill me. I don't think I will hold a trade for a whole year. You have no feelings, brother. That's awesome! Every trader has to be like you! However, I write you to ask you something: before a year or two, I asked you why you trade with that size of lots (then you traded with 0,02 lots, after you started to trade with 0,05 lots). Now I am asking you again: why you trade with 0,05 lots? This is not question for answer, this is a question for you. Wish you more pips...
its trading is very similar to grid trading, which, in general, is very difficult to close at a profit.
  • #798,728
  • Dec 23, 2023 5:37am Dec 23, 2023 5:37am
Quoting Fardeen1209
{quote} Mee too i have some in spot wallet, not much tho as i prefer bitcoin. Was testing how crypto cfds actually work. I started accumulating some APE coin. Someone bought almost $6m of Ape coin last week via OTC. Insider trading or something. But from insider trading to news release of the project invested that will initiate the big bull a time span of 3 weeks to 2 months usually in between. However DYOR to make informed decisions.
LOL sound like we did exactly the same thing..thanks for info..yes that one is long term return
  • #798,729
  • Dec 23, 2023 6:24am Dec 23, 2023 6:24am
Inserted Video
POSTMASTER
  • #798,730
  • Dec 23, 2023 6:46am Dec 23, 2023 6:46am
Quoting tiborf71
{quote} its trading is very similar to grid trading, which, in general, is very difficult to close at a profit.
For me, it is always very difficult to close when I lose and so easy to close when I am in profit.
  • #798,731
  • Dec 23, 2023 7:16am Dec 23, 2023 7:16am
Quoting Wavegarrick
{quote} Today I closed a years worth of trades on my long term strategy. I must thank my regular supporters, Mosisky= Mosisky you have kept my sanity here, Milan, Mallee, Headland, Birdland, Bigiivan, Moty, Hoda, Moondoggie, Georginson. You Guys are awesome and thank you so much. A chart with no squigly lines and current state of affairs. GU closed trades: {image} {image} {image} Next year will be awesome and looking forward to it. Best regards.
Awesome chart and results mate. Thanks for the kind words and have a wonderful Xmas. Catch you in the NY. Al
  • #798,732
  • Dec 23, 2023 7:24am Dec 23, 2023 7:24am
Quoting Pat Chiko
{quote} GU Some position stopped out and some onto TP. But, cannot win all. Another round of scalp in NY session later. Preparing for set up before the market slow down. {image}
Why have you closed all positions on upper side of FVG? Sometimes you wait for price to go to the lower side.
Was there some factors that encouraged you to make this decision?
  • #798,733
  • Dec 23, 2023 8:09am Dec 23, 2023 8:09am
Quoting footprint
{quote} i took buyers side, small position, lets see for 40 pips {image}
Interesting chart and data.
Please share indi settings for the set up, I would like to analyse it further.
Thank you in advance.
  • #798,734
  • Dec 23, 2023 8:38am Dec 23, 2023 8:38am
Quoting bigiivan
{quote} For me, it is always very difficult to close when I lose and so easy to close when I am in profit.
if your plan is good, this should not be a problem.
  • #798,735
  • Dec 23, 2023 9:11am Dec 23, 2023 9:11am
GBP/USD.

H1.
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  • #798,736
  • Dec 23, 2023 9:22am Dec 23, 2023 9:22am
Quoting Robinhood1
{quote} 43487 sorry
Closed Bitcoin long at 43800 and shorted. I expect price to exceed 44200. This Will trigger Bitcoin going Up.
POSTMASTER
  • #798,737
  • Dec 23, 2023 9:35am Dec 23, 2023 9:35am
BTCUSD.

H4.
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  • #798,738
  • Dec 23, 2023 9:43am Dec 23, 2023 9:43am
Quoting tiborf71
BTCUSD. H4. {image}
In sell with BTC, Ada and Sol
  • #798,739
  • Dec 23, 2023 9:43am Dec 23, 2023 9:43am
Quoting Robinhood1
{quote} Closed Bitcoin long at 43800 and shorted. I expect price to exceed 44200. This Will trigger Bitcoin going Up.
I beleive 44500 área could be the highest zone before droping into negative. Nevertheless, Bitcoin has a great future in years to come in my opinión.
POSTMASTER
  • #798,740
  • Edited 10:01am Dec 23, 2023 9:49am | Edited 10:01am
good morning gentlemen


i got a little lesson for you all and i have to say i feel foolish posting this since there so many great traders in this room LOL

im posting a chart of the dollar when it didnt obey the conventional wisdom when it comes to rate hikes and peoples delusions of what shud happen

youll be hearing alot that fed rate cuts will be bad for the dollar which is bullshit... beginners shudnt be listening to the dipshits especially with red dots in their names and if you spot one saying cuts will drop the dollar they shud be ignored cause those people are dumb

theres not a sustainable correlation,one that people can make money on, between rates and the dollar... there other factors involved and ill leave them for the beginners to do as homework what they are

so enjoy the chart gentlemen and whatever you do dont listen to fookheads in here...me included...just do some homework so youre smarter than 95% of the red diamonds in here

i split the monthly chart up into two parts

i got the data from this site
https://www.forbes.com/advisor/inves...-rate-history/

so while youre losing money trading rate hikes and cuts do some learning too over this holiday season
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short trump and go long the deepstate
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