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Cable Update (GBPUSD)

  • #802,541
  • Jan 14, 2024 12:02am Jan 14, 2024 12:02am
Quoting Zebi
who keeps suspending him? is someone playing a warped game of clue? do we have to guess it was colonel mustard in the study with a knife lets not drive this guy away hes too much like nubcake...let them two meet first LOL
Maybe your bestie, Nubby doesn't want the competition. Let him stay Twee, I kinda like his cruel "humour ".
  • #802,542
  • Jan 14, 2024 12:10am Jan 14, 2024 12:10am
Quoting mallee
{quote} Maybe your bestie, Nubby doesn't want the competition. Let him stay Twee, I kinda like his cruel "humour ".
Why has he been suspended, whoever has suspended him maybe own up and tell us the reason why..., take responsibility for your actions...
  • #802,543
  • Jan 14, 2024 12:32am Jan 14, 2024 12:32am
Quoting Zebi
went long bitcoin 42835 still demo cause was busy all week winterizing the house and car for the -20 degrees faranheit thats heading my way so didnt open a bitcoin account this week

ive stayed up all this time watching my trade LOL

just put a tp at 43433 and sl at 42200 so its 1:1 RR
short trump and go long the deepstate
  • #802,544
  • Jan 14, 2024 12:34am Jan 14, 2024 12:34am
tomorrow short all day..agree?
  • #802,545
  • Jan 14, 2024 12:36am Jan 14, 2024 12:36am
Quoting mallee
{quote} Maybe your bestie, Nubby doesn't want the competition. Let him stay Twee, I kinda like his cruel "humour ".
?
Congratulations ScalaFX for coming out of the closet!
  • #802,546
  • Jan 14, 2024 12:53am Jan 14, 2024 12:53am
Quoting mallee
{quote} Oh that was good!. BTW was just looking at your 160 UJ prediction. Still a believer? Hope you put anti freeze in the radiator of your Tesla.
I'm not getting involved in all this but "Hope you put anti freeze in the radiator of your Tesla" is a fucking great line which I'll be using on someone

The whole electric thing is still 10 years away from truly being viable imo, need price to drop to same as normal cars and have at least a 625 mile/1000k range
Don't Leave Money on the Table
  • #802,547
  • Jan 14, 2024 12:57am Jan 14, 2024 12:57am
Quoting nubcake
{quote} ?
just kidding mate.
  • #802,548
  • Jan 14, 2024 1:00am Jan 14, 2024 1:00am
Zebi...."even george soros when he brought down the bank of england didnt use alot of leverage LOL i read that somewhere and i believe it....."

Well he didn't actually bring down or break the 'Bank of England' because it's still there but some economist believe overall it was a 3 billion pound(or US dollar) hit to the British economy even though Soros made 1 Billion
Don't Leave Money on the Table
  • #802,549
  • Jan 14, 2024 1:06am Jan 14, 2024 1:06am
Quoting HaLBot
Zebi...."even george soros when he brought down the bank of england didnt use alot of leverage LOL i read that somewhere and i believe it....." Well he didn't actually bring down or break the 'Bank of England' because it's still there but some economist believe overall it was a 3 billion pound(or US dollar) hit to the British economy even though Soros made 1 Billion

that wasnt my point ... one can trade like rich people do with small amounts of leverage and make lots of money or use high leverage and get the shit kicked out of them by prop firms and scummy offshore brokers and stay poor ...that was my point
short trump and go long the deepstate
  • #802,550
  • Jan 14, 2024 1:20am Jan 14, 2024 1:20am
[quote=Zebi;14718596]{quote} yes...theres no chance in hell republicans will win the presidency so dollar will go up the next 5 years with a dem president abortion and the border the only two topics that matter for usa

Had to look up the dollar correlation myself and it does playout like you said but there are factors that are out of a presidents control like 9/11 and the GFC under Bush.
People in the US would surely be voting on more than border and abortion? I would say the economy will play a huge part in who they vote for and right now Biden has a terrible approval rating with a big part of that the mismanagement of the US economy.
Looks like democrats and republicans who voted for same have zero concern for their people instead sending 165 Billion dollars to a coked up dictator in the Ukraine. Saving democracy when there is no democracy in the Ukraine, gas lighting at it's best!!
Imagine what 165 Billion dollars in spending on America would do for the people, the country and the economy??
Don't Leave Money on the Table
  • #802,551
  • Jan 14, 2024 1:29am Jan 14, 2024 1:29am
Quoting Pat Chiko
{quote} My short answer: you asked me the wrong question. My Long answer: The allure of overnight success is as timeless as it is misleading. Your question, yearning to replicate my financial triumph in a single day, highlights the seductive, yet often distorted, narrative of wealth building. While the possibility of substantial gains in trading exists, the reality demands a far more nuanced and committed approach. Forget fleeting windfalls; embrace the furnace of dedicated trading. This essay isn't a shortcut to quick riches, but a map to a potential...
That is one elaborate and articulate way of saying: i aint gonna tell ya noting go find it on yo own
  • #802,552
  • Jan 14, 2024 3:14am Jan 14, 2024 3:14am
Quoting azhantahir
{quote} GOLD TFM1 Market Maker Sell Model (MSSM) already started. {image} {image} {image}
Hello azhantahir . I also added this pattern. If you have another pattern, let me know
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File Type: ex4 patternSearching.ex4   367 KB | 266 downloads
  • #802,553
  • Jan 14, 2024 3:27am Jan 14, 2024 3:27am
if I used this pattern finder, they would think about where I would put the SL.
  • #802,554
  • Jan 14, 2024 3:47am Jan 14, 2024 3:47am
I need to up my game when it comes to understanding liquidity in the forex market and this video gives a straight forward approach to it. Hope others can get something out of this??


Inserted Video
Don't Leave Money on the Table
  • #802,555
  • Jan 14, 2024 4:06am Jan 14, 2024 4:06am
Quoting mallee
{quote} just kidding mate.
Ah right, I can't keep up with this fever dream of a place.
Congratulations ScalaFX for coming out of the closet!
  • #802,556
  • Jan 14, 2024 4:21am Jan 14, 2024 4:21am
well Jesse Livermore and his buddies had access to 100 leverage on stocks back in the day. What’s the maximum today? Like 5 or 10?

point is very few need or want extra parents as adults, let them do whatever they want with their money. Of course if you got a billion dollar no broker/banker will lend you 500 billion dollar simply cause that would risk them go default. It is unrelated to the smaller risk of having retail traders doing that on a 1000 dollar account.
Authorities/regulatory framework only needed to make sure traders don’t get cheated by bank or broker.
You have an IQ lower than 90 if you interact with this user.
  • #802,557
  • Edited 4:52am Jan 14, 2024 4:35am | Edited 4:52am
Quoting Ferna
well Jesse Livermore and his buddies had access to 100 leverage on stocks back in the day. What’s the maximum today? Like 5 or 10? point is very few need or want extra parents as adults, let them do whatever they want with their money. Of course if you got a billion dollar no broker/banker will lend you 500 billion dollar simply cause that would risk them go default. It is unrelated to the smaller risk of having retail traders doing that on a 1000 dollar account. Authorities/regulatory framework only needed to make sure traders don’t get cheated...
Keep in mind the change in volatility over time. At some point you can't have a single negative tick make a customer margin call and owe their house.

edit: not tick. But you all get the gist. I'm tired. Whatever.
Congratulations ScalaFX for coming out of the closet!
  • #802,558
  • Jan 14, 2024 4:46am Jan 14, 2024 4:46am
Well good morning one and all on this fine day, hopefully today is as good as yesterday on this thread...get posting
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  • #802,559
  • Jan 14, 2024 5:27am Jan 14, 2024 5:27am
Quoting HaLBot
I need to up my game when it comes to understanding liquidity in the forex market and this video gives a straight forward approach to it. Hope others can get something out of this?? https://www.youtube.com/watch?v=nwWn85GuiR8
yes of course, the perfect recipe for wiping out an account: buy the broken support and sell the broken resistance because that’s market getting liquidity.
if a no experienced one listen to this, will destroy an account in a week.

the concept itself is ok, i cannot deny.
but what is missing here is the “where you entry the trade”?
I mean. If there is a support, you have to buy the support. Period.

if market goes lower, and stops you out, you have to wait and see if that was a spike and so coming here in the forum blaming some misterious one was taking your money, or if that was an opportunity buy so check if you are able to reload the damn thing and get back into market.
the same applies for short.

the other way, if you get stopped out and the support or resistance is confirmed broken, then you are safe. You lost something but still you can get in opposite direction.

there is no such a thing: if price goes below a support or above a resistance, you fucking wait. If price breakes a trendline, you fucking wait the confirmation of what is happening mostly because 1. The trendline you draw is probably wrong 2. Market doesn’t care a shit about trend lines. It’s a good after the fact technical tool. I never used them as trade decision since a trendline appears after price confirmed a support at least twice, so before that, there is no trendline.

There should be required a regulated course before allowing people to teach the fuck in any video in any social.

I’m not in angry with you @HaLBot, I’m just tired to see average stuff around by people looking to get money from anything else than trading.
the video is good, but really can confuse people
90% of traders use TA, indicators and prediction
  • #802,560
  • Jan 14, 2024 6:07am Jan 14, 2024 6:07am
Quoting iusman23
{quote} I need to learn more before Monday, can you refer me to some more content where I can learn more about SMC.
SMC_Old wine in a new bottle.
Old wine(Supply-Demand) = New bottle(SMC)
The same as before just rebranded, got a new name or a fresh label.

If you want to learn more about "long term trading" follow Wavegarrick.
If you want to learn more about "Supply-Demand" follow Pat Chiko.
If you want to learn more about "discipline" follow navk.
If you want to learn more about "Wave analysis" follow Coreg2004.
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Intraday Trading is an Art _ hoda
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