Cable Update (GBPUSD)

You are employed for your skills

in trading you use your skills to make money without a boss.
The financial market don’t need your skills it’s you that want to manage risk with your skills

thinking you can just press buy and sell button will not work that way

Sorry, I will not say it loud gu 2506, to 2586 will be sufficient to end this movie.

Closed.

I will take short from 2670 and 2712
Target: 2565 and 2502

EU chart
Unless it's going to be a huge bearish candle > 1k pips, it makes sense to start building longs, ensuring an appropriate position size to avoid blow-ups. Bc new monthly high is very likely
Same logic for GU, since they're correlated.

FOMC minutes saying something hawkish?

TFM5
GOLD. Going 2015?

Idea worked but closed early.

Buyers wick
Come on allready
I need to spit blood for every win
Come on mf

Not hawkish but less dovish than the market expecting.
Market sees 150bps(From 5.50%-Currently to 3.75-4.00% EOY 2024) Rate cut in 2024 starting in Mar.

But March it way too soon for a rate cut, IMO.

Expecting FED to consider Rate Cut in JUNE which would be ideal as FED would have enough time to see whether CPI downtrend is a sustained one.

If FED actually starting cutting in June, we might see only ~125bps rate Cut till EOY 2024; 25bps rate cut per FOMC.
But we will more likely see 75bps to 100bps rate Cut.

i see 2051 first filled FVG + SRF before 2015 Wave [5]

I'm not buying but waiting to Short at this setup

Executed. Stop at 1.2767. I will add one more at 1.2712 if it gets there.

Already filled by inversion-FVG 5 hours ago. Just now, another post has been filled by inversion in continuing bearish. Hope will create another imbalance after this.

tp hit 2670, bacm to sleep

Gold is Green!

Hopefully you had a good trading day, January so far is just giving, you take it or leave it.

After a nice email my evaluation account was reinstated! : )

Sharing the meaning of martingale strategy - which I've breached before.

Martingale is one of the prohibited strategies, we define it as opening a second position in the same direction (i.e., two buys or two sells) while the first position is in a drawdown, it will flag Martingale if the second position is opened with a lot size greater than the first position

For instance, if you open a 1-lot buy on GBPUSD and this position enters into an open drawdown, you may open additional buy positions on GBPUSD with the same lot size or smaller, but you cannot increase the position size, if you do, our system will increment the martingale counter on your dashboard

Having 1 or 2 counts is considered an accident and you can continue trading
If there are 3 counts, it is considered a hard breach, your account will be automatically closed; one free retry might be considered if you hard breach by 3 counts
For Phase 2 or qualified accounts, no retry will be issued, since we expect traders at this stage to have a full understanding of the rules and requirements for trading our capital

It takes someone with a brave heart to trade Gold, Just a slight negative movement, I’m seeing a big ass number!
Whooa!

I’m looking forward to buying Gu once the H1 candle closes above 1.26960.
Other Wise we might still be heading down if price close below 1.26200 on the H1