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Cable Update (GBPUSD)

  • #803,201
  • Jan 17, 2024 12:00am Jan 17, 2024 12:00am
Interesting move again Asia.

Again im going against the mid term fresh trend.
bought 1.261 tp 1.271
  • #803,202
  • Edited 12:34am Jan 17, 2024 12:06am | Edited 12:34am
Quoting 7154Superman
{quote} My Trade Explorer is updated. I'll simply list the combined results of all my accounts below so you can get the gist of what I have achieved so far. I closed the underwater trade on the #2 Live account at a -20.61% loss, so that set me back a bit as you can see in the results below. Total results so far with my 8 accounts, best to worst. (All Demo accounts start at $100,000 and end at around $200,000 (+100%), then switch to Live account, starting at $100.) #6 Demo @ +100.64% + #1 Live @ +36.5% = $273,878 = +173.88% (11 trading days) #7 Demo...
I had a phenomenal day today. Price action was so easy to follow since the main direction was exactly like I expected.
I completed 2 more demo account goals of +100% and opened a 4th and 5th live account of $100, and have 2 more demo accounts currently approaching +100%.
I didn't manage to trade my live accounts today, but it will happen soon, since my remaining demo accounts should achieve the +100% goal within the next few days.

My Trade Explorer is updated again for today.

Total account balance results so far with my 8 accounts, best to worst:

(All Demo accounts start at $100,000 and end at around $200,000 (+100%), then switch to Live account, starting at $100.)

#6 Demo @ +100.64% + #1 Live @ +36.5% = $273,878 = +173.88% (14 trading days)

#7 Demo @ +104.32% + #3 Live @ +0.00% = $204,319 = +104.32% (11 trading days)

#2 Demo @ +100.21% + #5 Live @ +0.00% = $200,208 = +100.21% (31 trading days)

#3 Demo @ +100.10% + #4 Live @ +0.00% = $200,103 = +100.10% (15 trading days)

#4 Demo = $190,445 = +90.44% (15 trading days)

#1 Demo = $183,028 = +83.03% (36 trading days)

#5 Demo @ +100.17% + #2 Live @ -20.61% = $158,915 = +58.91% (15 trading days)

#8 Demo = $129,039.08 = +29.04% (9 trading days)

Total overall growth is now at +92.49%. (9-36 trading days)

This is still growing faster than I expected.
I started Demo #1 on November 26, about 7-8 weeks ago.
Demo #8 was added on January 5, about 1-2 weeks ago.
And #4 and #5 Live accounts with $100 just got opened today, but didn't get used yet.
So far, so good.
See you tomorrow!
You cannot fail if you never give up.
  • #803,203
  • Jan 17, 2024 12:08am Jan 17, 2024 12:08am
bloodbath seems to continue today, only from 2550 a buy zone comes.

CPI will probably be heavy today.
Attached Image (click to enlarge)
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trading is like dancing, don't think and just listen to the music!
  • #803,204
  • Jan 17, 2024 12:09am Jan 17, 2024 12:09am
Quoting voeltoez
{quote} there is adx pattern on H4 signal for reversal.but its very small chance.. im long 2622 now, sl 2615 add sell stop @2614 tp 2580
closed my short..waiting for the red reaction..
Attached Image (click to enlarge)
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  • #803,205
  • Jan 17, 2024 12:10am Jan 17, 2024 12:10am
Quoting Whale
Interesting move again Asia. Again im going against the mid term fresh trend. bought 1.261 tp 1.271
added 1.26
  • #803,206
  • Jan 17, 2024 12:12am Jan 17, 2024 12:12am
Quoting 7154Superman
{quote} I had a phenomenal day today. Price action was so easy to follow since the main direction was exactly like I expected. I completed 2 more demo account goals of +100% and opened a 4th and 5th live account of $100, and have 2 more demo accounts currently approaching +100%. I didn't manage to trade my live accounts today, but it will happen soon, since my remaining demo accounts should achieve the +100% goal within the next few days. My Trade Explorer is updated again for today. Total account balance results so far with my 8 accounts, best...
Why don't you start a journal?
  • #803,207
  • Jan 17, 2024 12:13am Jan 17, 2024 12:13am
The dollar tends to rally going into a recession, and gold tends to fall as it is very liquid and easy to sell so entities can shore up their failing balance sheets. What also tends to happen is the the inversion of the yield curve starts to disinvest. As this happens, the Fed will cut rates, the dollar will fall hard and gold will be moon bound.
Attached Image(s) (click to enlarge)
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  • #803,208
  • Jan 17, 2024 12:19am Jan 17, 2024 12:19am
my crystal ball says GBP cpi will be inline and GU prolly rally but as i said yesterday the world and the dollar dont give a shit what england says or thinks so after the kneejerk reaction GU will still keep falling cause the dollar chart has a meeting with destiny much hier up

this is all off 4H and daily so please dont go short full margin if you listen to me cause the bounce may get to 2680 or hier
short trump and go long the deepstate
  • #803,209
  • Jan 17, 2024 12:23am Jan 17, 2024 12:23am
im goin to sleep after the news release..just want to see what it is so know where to place sell limit orders
short trump and go long the deepstate
  • #803,210
  • Jan 17, 2024 12:23am Jan 17, 2024 12:23am
Quoting Yngwie
Long 1.2618
add 1.2600 sl 1.2590
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #803,211
  • Edited 1:00am Jan 17, 2024 12:29am | Edited 1:00am
Quoting donfriday
{quote} risk 2% of 10k is moderate risk plan target x3 of your risk is a moderate reward why is 1000usd a month so hard buddy...you dont need any proof you choose to chase thousands of pips with its ur risk plan i wont do that when i can chase 100pips range within a week
Hi Donfriday,
Quote
Unrealistic expectations are a common thing with traders and especially here on Forex Factory. In South Africa you can rent an upmarket beach villa on a prestine beach for $1000 a month. Everyday I see traders make $1000 plus a day on this thread. The problem is that I can see no real proof of such income and I cannot verify the validity of any trader with such income on this thread. The most successful and popular traders on this thread do not post trades at all. The sad reality of a forex social media...
You have misread me Bud. I am talking $ 1000 a day, not a month. An average middle class family can survive on $ 1000 a month equals R 18 000 in South Africa. This I would classify as a realistic expectation for a newbie to live an independant self sufficient basic and modest life whilst growing in trading.
I can assure you If I was making a thousand dollars a day I would live in a mansion in the Seychelles and trade off a yacht, and not spend my time on Forex Factory. What I am saying is that $1000 a day is an unrealistic expectation for me as I cannot afford $100 000 investment which equals more than 1.8 million in SA. And I would say $100 000 is the minumum investment to make 1K a day with ease. If that is an unrealistic expectation for me then what would it be for a newbie? And I refer specifically to Advice777. I see traders make more than 1K day in and day out in this forum but no mention ever of what investment was made. I am not picking on any one in particular because there are some real legit Guys here. but with some we just see no proof.
For the record. I do not chase Pips. I enter my trade once or twice a week and walk away and check up once a day. It fits in with my private business schedule and more specifically my health.
Cheers.
Trade to trade another day
  • #803,212
  • Jan 17, 2024 12:29am Jan 17, 2024 12:29am
Quoting montygoldy
Sidelines… interested in buying below 1.26…… also gold buy stop at 2017…..
my buy limit set at 1.25800… gold is also falling apart feels like avoid to buy it can only melt today without any retracement…. Looking at 2010 reaction …..
easy road ahead of dxy till 104…
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Extreme gut feeling trader
  • #803,213
  • Jan 17, 2024 12:30am Jan 17, 2024 12:30am
Quoting Zebi
my crystal ball says GBP cpi will be inline and GU prolly rally but as i said yesterday the world and the dollar dont give a shit what england says or thinks so after the kneejerk reaction GU will still keep falling cause the dollar chart has a meeting with destiny much hier up this is all off 4H and daily so please dont go short full margin if you listen to me cause the bounce may get to 2680 or hier
Let us know Zeb, we'll all be holding our breath.
  • #803,214
  • Jan 17, 2024 12:34am Jan 17, 2024 12:34am
Up and not impressed with the chart.

minimal risk today.
#Stay blue. /swinger/scalper/
  • #803,215
  • Jan 17, 2024 12:35am Jan 17, 2024 12:35am
Quoting mallee
{quote} Why don't you start a journal?
Good idea
You cannot fail if you never give up.
  • #803,216
  • Jan 17, 2024 12:36am Jan 17, 2024 12:36am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 11 KB
yes yes yes
  • #803,217
  • Jan 17, 2024 12:46am Jan 17, 2024 12:46am
Closed. was going to wait for the red news, but I'm seeing a solid rejection of 1.26.
  • #803,218
  • Jan 17, 2024 12:46am Jan 17, 2024 12:46am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 16 KB
yes yes yes
  • #803,219
  • Jan 17, 2024 12:57am Jan 17, 2024 12:57am
Quoting voeltoez
{quote} if daily close below 2045 today...i hope can see 2020 tomorrow
finalle
  • #803,220
  • Jan 17, 2024 1:00am Jan 17, 2024 1:00am
Quoting voeltoez
{quote} finalle
need extra discount 2013
Look right, we'll see the signs
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