Cable Update (GBPUSD) | Page 40032 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #800,621
  • Jan 4, 2024 10:01pm Jan 4, 2024 10:01pm
trade closd all..paused for friday mission.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240105_105957.png Size: 20 KB
  • #800,622
  • Jan 4, 2024 10:13pm Jan 4, 2024 10:13pm
Quoting nubcake
{quote} If I open a new demo account every day until I hit some lucky winners, come here and make a total show of it, would you respect that? The answer is yes because that's what you've done, and why you are a complete failure. But carry on thinking you have figured-out literally anything. You haven't. Block your ears, lalala. Obviously you are a much better trader than me... in your peanut brain. It's such a typical newbie move to act how you have. Again, remember my posts. See you in a few weeks or months when you are in here crying (publicly,...
Oh, really, now? What part of my "total +29.7% ROI of all my demo accounts combined in less than 6 weeks, most of it gained during the last week" did you not comprehend? Apparently you're not understanding why my system works. I'm putting everything out now for the record so later when I hit it big, and you wanna know what's my secret, you can simply look back and follow my example. Either way, since you're just wishing for my hurt instead of my happiness, your criticism means nothing to me. And what will you say then when I accomplish +1,000% total growth (all my accounts combined) within 6 months using my system? Still say I'm a complete failure?
Ok, how about you tell me which way you think EUR/USD or GBP/USD is going today (Friday)?? And let's see if you're right.... I see many people absolutely certain which way it's going, saying they did their homework, etc etc. Yet, their directional bias (bull/bear) is exactly opposite.
Me? I can see the potential for both ways to happen and be prepared accordingly. I'd rather sit on the fence and observe in the moment and try to go with the flow of price action as much as possible instead of being blindly biased one way.
I have had accounts blown because of such a blind bias. I'm trying to avoid that. So, I want to observe and learn risk management instead of making absolute predictions and criticizing others. Good luck
You cannot fail if you never give up.
  • #800,623
  • Jan 4, 2024 10:26pm Jan 4, 2024 10:26pm
Quoting danny576
{quote} gold skyrocket season this year (especially today) curious to see if u agree, gave u a follow too u make me laugh when reading ur posts

im long term bearish gold but if youre bullish intraday id wait to buy at wednesdays lows cause may spike both ways over NFP tmoro
short trump and go long the deepstate
  • #800,624
  • Jan 4, 2024 10:33pm Jan 4, 2024 10:33pm
USTECH/NAS100
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-01-05_08-08-16.png Size: 70 KB

MSS or BO + RT?

Watching Structure of PA on 3mins at BO/RT zone to get a confirmation that wave A is established and going for Wave B.
More time in the market, does not mean you trade better!
  • #800,625
  • Jan 4, 2024 10:38pm Jan 4, 2024 10:38pm
Quoting Zebi
{quote} nubchop...will you take your head out of your ass for a minute... what he did is what prop traders do every single day only superman didnt spend money for challenges which are demo accounts LOL theres not a single prop trader that doesnt have at least a dozen demo challenges running at one time he trades so that way can post a profit screenshot everyday LOL
Thanks for calling it like it is.
This account (#6 Demo $100k - $200k) of which I gained +100%, is now completed and will be dismantled to be used again later as another level 1 phase (Demo $100k - $200k) if needed. I will now start using my $100 live account in its place as level 2 ($100 - $200), which, if I follow my system correctly, should be the one gaining the most profit, since it will be the last one going in in the process of covering a drawdown.
All the other demo accounts will keep being traded until they reach +100% ROI, then also be replaced with a $100 live account. I will keep my trade explorer on for everyone to see.
In case I trade it forward, (trading in the direction of the trending price action with a tight stop) the $100 live account will be the first one in. Heck, in that case, I will probably dump all my accounts in (max leverage) with a tight stop. Once you know, you know. It's a matter of letting go of losing trades, screw the loss, and diving head first into actively trending price action, set stop loss at break even, and hold it until the end of the momentum. It's hard for me to make up my mind to do that and hold to the end, but I'll keep trying. Wish me luck. Thanks
You cannot fail if you never give up.
  • #800,626
  • Jan 4, 2024 10:43pm Jan 4, 2024 10:43pm
Quoting 7154Superman
{quote} Thanks for calling it like it is. This account (#6 Demo $100k - $200k) of which I gained +100%, is now completed and will be dismantled to be used again later as another level 1 phase (Demo $100k - $200k) if needed. I will now start using my $100 live account in its place, which, if I follow my system correctly, should be the one gaining the most profit, since it will be the last one going in in the process of covering a drawdown. All the other demo accounts will keep being traded until they reach +100% ROI, then also be replaced with...

good luck...whatever you do dont listen to anyone in here especially nubbie...hes a special kind of imbecile
short trump and go long the deepstate
  • #800,627
  • Jan 4, 2024 10:46pm Jan 4, 2024 10:46pm
Quoting Zebi
{quote} good luck...whatever you do dont listen to anyone in here especially nubbie...hes a special kind of imbecile
I know, right. I've been observing his interaction with others here. So, fortunately, I was prepared to not take him serious.
You cannot fail if you never give up.
  • #800,628
  • Jan 4, 2024 10:56pm Jan 4, 2024 10:56pm
GOLD

I'm still a seller right now. Focused on the short term coz I'm an Intraday Scalper. For the long term, GOLD was restructured into BEARISH (personal opinion). Need another confirmation at least REVERSAL before fully bearish. it doesn't matter who you are (scalper, intraday, or swinger), be together and grab the opportunities. Just a personal opinion and represents only myself.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 40 KB
Click to Enlarge Name: screenshot.png Size: 18 KB
Look right, we'll see the signs
  • #800,629
  • Jan 4, 2024 11:00pm Jan 4, 2024 11:00pm
Quoting 7154Superman
{quote} Oh, really, now? What part of my "total +29.7% ROI of all my demo accounts combined in less than 6 weeks, most of it gained during the last week" did you not comprehend? Apparently you're not understanding why my system works. I'm putting everything out now for the record so later when I hit it big, and you wanna know what's my secret, you can simply look back and follow my example. Either way, since you're just wishing for my hurt instead of my happiness, your criticism means nothing to me. And what will you say then when I accomplish +1,000%...
6 times demo means you still not confidence with ur system and trading style..but it show you have great patience and good trader are....
keep doing until you ready to join live trade..cant wait your result if trade with real money..or join prop.
  • #800,630
  • Jan 4, 2024 11:03pm Jan 4, 2024 11:03pm
Going to buy GBPUSD. Just a personal opinion.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
Look right, we'll see the signs
  • #800,631
  • Jan 4, 2024 11:09pm Jan 4, 2024 11:09pm
Quoting voeltoez
{quote} 6 times demo means you still not confidence with ur system and trading style..but it show you have great patience and good trader are.... keep doing until you ready to join live trade..cant wait your result if trade with real money..or join prop.
That's right. I don't have confidence in my trading style, or rather, in the strength of my mental/emotional discipline. That's why I kept losing and blowing my accounts in the past. The design of my leveling system, starting with demo until +100% gain, then going live, is to enable me to trade aggressively, yet successfully, despite my lack of discipline, because I won't be able to level up and going live until I stop losing.
This will take time. I'm in no rush. It's in the rushing that you end up losing.
You cannot fail if you never give up.
  • #800,632
  • Jan 4, 2024 11:22pm Jan 4, 2024 11:22pm
Quoting 7154Superman
{quote} That's right. I don't have confidence in my trading style, or rather, in the strength of my mental/emotional discipline. That's why I kept losing and blowing my accounts in the past. The design of my leveling system, starting with demo until +100% gain, then going live, is to enable me to trade aggressively, yet successfully, despite my lack of discipline, because I won't be able to level up and going live until I stop losing. This will take time. I'm in no rush. It's in the rushing that you end up losing.
just an suggestion..if you want to trade live with $100 real money...try to trade demo with $100,,see the result in month..
because if you are usulally trade 100k demo then now 100$ live money..there will gap in mindset about trading lot size and money management, in time will affect with ur psychology..
cmiiw
  • #800,633
  • Jan 5, 2024 12:01am Jan 5, 2024 12:01am
Quoting voeltoez
{quote} just an suggestion..if you want to trade live with $100 real money...try to trade demo with $100,,see the result in month.. because if you are usulally trade 100k demo then now 100$ live money..there will gap in mindset about trading lot size and money management, in time will affect with ur psychology.. cmiiw
I considered that option, but I don't think that's the case. It's the other way around. Trading live, even with only $100 messes with my psychology more than $100k demo because the $100 comes out of hard earned money I could use in real life to pay my bills.
I needed to get the big $100k+ numbers into my head from using demo to trick my psychology in thinking it's all just a game, and stop being affected when I see the big numbers. I need to keep thinking this way with live trading. When I take it serious, I start feeling greed, then fear, which affects my mental clarity negatively. For me, thinking "it doesn't matter, it's all just a game" allows me the freedom to think clearly and make better decisions. I have already traded up to $6,000 live with max leverage, and lost $4,000 in one day. That's almost a whole month of gross income, or about 6 weeks of net profit from my self employment gone. And at least half of my net profit gets used up for living expenses. So, that's more like at least 3 months of net savings gone in one day. So, it's hard to get over that. LoL
Trading plays tricks on your mind. It's a tricky business, taking what you didn't earn. Others have to lose for you to win. It's really not a good business. I don't think God is proud of me trying to take money that's wasn't mine to begin with or earned by producing real life value. But it's an addiction that doesn't let me go. Oh, the potential of scaling up from compound gains... If only I can get good enough at it, then I will never have to work again... LoL
But trading is work too... Only, it can be scaled up to much bigger gains unlike real life work, for much less effort than running a big multi million dollar business like my oldest brother is doing.
You cannot fail if you never give up.
  • #800,634
  • Jan 5, 2024 12:13am Jan 5, 2024 12:13am
Quoting Zebi
{quote} nubchop...will you take your head out of your ass for a minute... what he did is what prop traders do every single day only superman didnt spend money for challenges which are demo accounts LOL theres not a single prop trader that doesnt have at least a dozen demo challenges running at one time he trades so that way can post a profit screenshot everyday LOL
nubchop...will you take your head out of your ass for a minute...

no chance of him doing that Zebi, i am sure he was born with his head up his arse
  • #800,635
  • Jan 5, 2024 12:15am Jan 5, 2024 12:15am
Quoting Waveskierrob
{quote} Close @ 37450 +140 nice ones more to follow...
Thanks for the signal pal, i copied you ..... Someone has to make money and it might as well be us
  • #800,636
  • Jan 5, 2024 12:22am Jan 5, 2024 12:22am
Quoting 7154Superman
{quote} Yay!!! I made my first +100% ROI finally!!! Time to level up to a $100 funded account. I had to open a 7th Demo account with an EUR/USD long at 1.09 to average down the deep drawdown of my EUR/USD long positions. Closed all longs at 1.0967 today with good profit. I had a bunch of TPs set there at 1.0967 where the +100% gain was expected to be achieved, and was sleeping when the bulls rallied this morning during the London session. So my phone goes off with a bunch of TP alerts, wakes...
I'm going long EUR/USD. Already have 4 of my smallest demo accounts on long positions with max leverage, lowest position at 1.0936. Will add lower if possible. TP = 1.10. 1.089 - 1.09 area seems to be strong support. We could see a double bottom retest of 1.089, then rally up. Or I could be wrong and price dumps to 1.08.
That's when my contingency plan gets activated.
Let's see what happens.
You cannot fail if you never give up.
  • #800,637
  • Jan 5, 2024 12:23am Jan 5, 2024 12:23am
Quoting azhantahir
Going to buy GBPUSD. Just a personal opinion. {image}
1st entry has been kissed by SL.

Reason: All SL below OB, personal Risk based on RRR. Another reason, There is still another OB waiting to buy (refer to SS). Waiting below is better for me right now.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 2 KB
Look right, we'll see the signs
  • #800,638
  • Jan 5, 2024 12:28am Jan 5, 2024 12:28am
Quoting Yngwie
Sold 1.2703
closed 35p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #800,639
  • Jan 5, 2024 12:29am Jan 5, 2024 12:29am
Quoting Qu|cksilver
Hi, Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday?
This thread title "Cable Update (GBPUSD)" ... Nov 19, 2006 ....

- to recover back to 1.9050 ... that's a very high mountain to climb,

- first cable need to find a base-camp and get climatized for the long haul,

- I would be very happy if it can reach 13300 and above this level,

- but first it has to break 12835,


Attached Image (click to enlarge)
Click to Enlarge Name: CableUpdate Jan05.png Size: 18 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #800,640
  • Jan 5, 2024 12:32am Jan 5, 2024 12:32am
GBP/CAD Swing trade plan .... pretty sure g/cad will take the bottom, possible one more push b4 dropping... Dont follow me if you have no understanding of risk please
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2024-01-05 at 06.28.26.png Size: 45 KB
364 traders viewing now