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Cable Update (GBPUSD)

  • #804,221
  • Jan 22, 2024 9:03am Jan 22, 2024 9:03am
Quoting 7154Superman
{quote} Please post the link for the prop firm thread please. I have no clue where it is.
https://www.forexfactory.com/thread/...2#post14727602
Intraday only.
  • #804,222
  • Jan 22, 2024 9:04am Jan 22, 2024 9:04am
Quoting navk
{quote} Prop firm accounts have its own risk also. Can not be trusted on a long term. They may find reasons to stop payouts. That is why, the profit shares from prop funding account, i am moving to real money account.
Eh, now that's an instant no no. Then I'll stick to my real money account. I already have $700 invested in 7 live accounts, and can add more once I upgrade to level 3 according to my system. At least I can trust that the only person at fault for losing it is me. Thanks for your honesty.
You cannot fail if you never give up.
  • #804,223
  • Jan 22, 2024 9:04am Jan 22, 2024 9:04am
Quoting navk
{quote} Prop firm accounts have its own risk also. Can not be trusted on a long term. They may find reasons to stop payouts. That is why, the profit shares from prop funding account, i am moving to real money account.
My view on prop firms is that they play of peoples desire to get rich quick by skipping the build-your-account phase. If you have a good strategy, you should get your account to the level you get from the Prop firm. I just can't get the good strategy part, so a prop firm would be of no help at all.
  • #804,224
  • Jan 22, 2024 9:06am Jan 22, 2024 9:06am
Quoting 7154Superman
{quote} Eh, now that's an instant no no. Then I'll stick to my real money account. I already have $700 invested in 7 live accounts, and can add more once I upgrade to level 3 according to my system. At least I can trust that the only person at fault for losing it is me. Thanks for your honesty.
700 $ invested in each of 7 live accounts is good enough.

I will not suggest you to goto prop account.
Intraday only.
  • #804,225
  • Jan 22, 2024 9:07am Jan 22, 2024 9:07am
Quoting Pat Chiko
{quote} GU Last Week's Recap: Price action exhibited a bullish bias from Wednesday last week week, culminating in a late rally that breached the London high and targeted the H4 order block. This positive momentum can be attributed to a series of strategic MSS orchestrated by multiple MMs. Initial N3 : The first shift leveraged the Wyckoff accumulation phase, effectively purging SSL and laying the foundation for the uptrend. Secondary N3 : The second shift involved a calculated manipulation of price, strategically dislodging stop-loss orders and...

GU

As usual GU moves at its own pace, slowly and steady, trapping seller along the way
First target taken Partial TP.
Going for second target @ OB, H4 BSL

Trade safe and enjoy your trading.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #804,226
  • Jan 22, 2024 9:09am Jan 22, 2024 9:09am
In my opinion, it looks like GU is going to fall when I look at the 8-12 hour charts. But given how often I am wrong, in all likelihood, it's probably going to go up
  • #804,227
  • Jan 22, 2024 9:12am Jan 22, 2024 9:12am
Quoting Pat Chiko
{quote} GOLD slight delay in rocket firing. Manipulation at its best by MM. Targeting liquidity. Can't beat them, join them.{image}
i am with you… time to fly………….:
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Extreme gut feeling trader
  • #804,228
  • Jan 22, 2024 9:17am Jan 22, 2024 9:17am
Called it. It will continue to go up until I stop opening sell positions, just like Friday.
  • #804,229
  • Jan 22, 2024 9:19am Jan 22, 2024 9:19am
Quoting montygoldy
{quote} check the the prop firm thread u’ll find all the info there … exactly thats why stopped using my own funds i.e 500$ to 50k … better odds to do with 500$ prop firm account
Yes, that's the way to do it Monty,
I started a 2 phase unlimited funded challenge for $500, 2 weeks ago. Testing the waters and legitimacy of it.
Cheers.
Trade to trade another day
  • #804,230
  • Jan 22, 2024 9:21am Jan 22, 2024 9:21am
Quoting MrFanciful
Called it. It will continue to go up until I stop opening sell positions, just like Friday.

Don't blow another account, if it goes over 1.2732 it'll pop IMO
Don't Leave Money on the Table
  • #804,231
  • Jan 22, 2024 9:23am Jan 22, 2024 9:23am
Quoting Wavegarrick
{quote} Yes, that's the way to do it Monty, I started a 2 phase unlimited funded challenge for $500, 2 weeks ago. Testing the waters and legitimacy of it. Cheers.
go with reputed firms in the beginning only … then u’ll get used to trickery done by new/small ones
Extreme gut feeling trader
  • #804,232
  • Jan 22, 2024 9:26am Jan 22, 2024 9:26am
Quoting HaLBot
{quote} Don't blow another account, if it goes over 1.2732 it'll pop IMO
It will break it because I have sell positions that they have to take out.
  • #804,233
  • Jan 22, 2024 9:26am Jan 22, 2024 9:26am
Yes yes yes
A lot of fun today with my new strategy
1024 $ profit from the start of the year
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yes yes yes
  • #804,234
  • Jan 22, 2024 9:28am Jan 22, 2024 9:28am
Quoting MrFanciful
{quote} It will break it because I have sell positions that they have to take out.

Just don't add to your sells unless there is a clear reversal
Don't Leave Money on the Table
  • #804,235
  • Jan 22, 2024 9:29am Jan 22, 2024 9:29am
Quoting Moty
Yes yes yes A lot of fun today with my new strategy 1024 $ profit from the start of the year {image} {image}
Dont spend all my money at once.
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  • #804,236
  • Jan 22, 2024 9:33am Jan 22, 2024 9:33am
Quoting HaLBot
{quote} Just don't add to your sells unless there is a clear reversal
I got a lot of sell signals today. At one point I was about 60 pips in profit but was about 5 pips from my TP. Normally when I manually exit, it goes on to hit my TP, so today I decided to keep them open. Turned around and took them out. Now it's fucking about at 4hr resistance, with los of liquidity below but yet again, what I think is the total opposite from what actually happens.

No one wants GBP, they said. Accept the dollars power they said.
  • #804,237
  • Jan 22, 2024 9:36am Jan 22, 2024 9:36am
Quoting MrFanciful
{quote} I got a lot of sell signals today. At one point I was about 60 pips in profit but was about 5 pips from my TP. Normally when I manually exit, it goes on to hit my TP, so today I decided to keep them open. Turned around and took them out. Now it's fucking about at 4hr resistance, with los of liquidity below but yet again, what I think is the total opposite from what actually happens. No one wants GBP, they said. Accept the dollars power they said.

Traders go around forums posting shit about their trades hoping you'll get onboard with their positions thinking that if enough traders do this it'll affect price in their favor.....
Don't Leave Money on the Table
  • #804,238
  • Jan 22, 2024 9:39am Jan 22, 2024 9:39am
For 10 pips
Parameters for stochastic 30,3,3
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yes yes yes
  • #804,239
  • Jan 22, 2024 9:39am Jan 22, 2024 9:39am
Quoting muv
{quote} do you see something unusal ?
Usually, this thread was one of the few sane threads where traders didn't bicker.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #804,240
  • Jan 22, 2024 9:40am Jan 22, 2024 9:40am
Quoting HaLBot
{quote} Traders go around forums posting shit about their trades hoping you'll get onboard with their positions thinking that if enough traders do this it'll affect price in their favor.....
I've never taken a trade based on what someone else thinks. Maybe that's where I've gone wrong.

Just got ignored by Nubcake so I must be bad.
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