Cable Update (GBPUSD)

Quoting Godspromise

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{quote} how much pips you think we can gain?? I'm in the gbpcad making some good money off it so far in a long trade also chfjpy already up a 100+ pips but going with it to see if it breaks all time Highs

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Quoting T721

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{quote} Blue zones were the downside targets ---- upside targets grey liquidity zones {image}

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Quoting Godspromise

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{quote} trying to stick to my strategy it has been very fruitful I think next year God's willing ill be a very successful trader as long as I remain discipline and patient

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Quoting T721

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{quote} always remember to look left for targets, liquidity will draw price there Cant remember if you have been on zoom with me but if not lets do it sometime that suits

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Quoting Godspromise

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{quote} thanks bro you been so much help

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Quoting jordanvic

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{quote} yeah but it looks like its gonna fall deep. dont know if i can resist buying the dip at 0.84 though

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Quoting navk

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{quote} I would suggest you buy a 5k account, for a 50 $. You can experience the risk management yourself what I am trying to explain. It makes traders diciplined. I was diciplined by prop firm.

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Quoting BigNumbers

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BTCUSD long, a close below the green zone invalidate the trade! we are going to clear those redlines ( Buyside liquidity) {image}

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Quoting Jolita

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{quote} Making new lows this year, positioning at discount, will not fall as much. January will be a buying USDCHF month, most future contracts will be selling Swiss franc, same for indexes.

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Quoting aa4fx

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{quote} Sorry, I think I was misunderstood. The discussion was about the funded way and the mentality of that dd .... and I said that the price is too high in the way that you sell your skills for nothing ... even if your payout is 90% you could have made way more money trading the own money = the fee to get funded. I explained in a post above everything.

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Quoting navk

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{quote} but from reputed.

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Quoting Wavegarrick

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{quote} Hi TooSlow, General rules: Daily pivots must be higher than the day before. Higher daily open candles. Arrows must face the same direction 4hr, 1Hr and 15 minutes. Pullback to daily pivot, weekly pivot for entries. Look for rejection off round numbers 4 hr and 1 hr. Moving averages 4hr, 1hr and 15 minutes in the same direction. Indicators in sub windows must point in the same direction. My favorite entry is the 4hr stochs pullback and return back up in the direction of the daily stochs. Anyway, this was a work in progress for many years...

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Quoting navk

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{quote} I dunno if you have understood b4 your math. Put / correct you math like this : 400 $ fee for 100k account. 8 % + 5 % = 13 % one need to make to earn a funded account. Once you earned 100 k funded account, trade that ac you risk your account in such a way that you make may be 3 to 4 % in a month. Have ten such 100 k account. Daily risk 5 % / max risk 10 %. Once you earn 3 to 4 % in a 100k account in a month, stop trading that account. Goto next 100 k account, repeat it. You make 30 to 40 % in a month with a share of 80 % ( approximately...

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Quoting aa4fx

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{quote} Nothing against you personally, just about the better way to approach trading. Sorry for delay, I had to take an excel training in the meantime. I know is hard to get it, maybe that 100k account vs 400 fee ofuscate rationality. With your numbers: 400 $ fee for 100k account. 8 % + 5 % = 13 % one need to make to earn a funded account. Daily risk 5 % / max risk 10 %. 8% of 100k = 8k profit to make -> 5k daily limit. Take a 5k demo account, and a 400 real account where you put the fee. Trade the 5k account => every 50% reset the account balance....

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