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Cable Update (GBPUSD)

  • #804,761
  • Jan 24, 2024 4:09am Jan 24, 2024 4:09am
Quoting ninner
LOL....Keep Shorting!! LOL https://www.youtube.com/watch?v=JWOB0MyTsng
Nice but this doing this kind of thing is more satisfactory if you got the money.
Inserted Video
  • #804,762
  • Jan 24, 2024 4:13am Jan 24, 2024 4:13am
Quoting MrFanciful
{quote} I have a problem with revenge trading. I have no idea how to deal with it. When I demo or back test, it all works out really well for me. My biggest regret in life was getting involved with this and I know I'll never be able to make back my £22,000 in losses. On the flip side, going to work every day is making me want to end it and I can't see any other way than trying to get this to work. I just look at a move like this and think "Is it really likely to continue up without coming down first?" I'm just looking to capture 10-15 pips. It is...
if you have been at this for 5+ years, you are still having these problems and you are still adding to your losses, it's probably time to move on completely, or at least take a few months/years off until you are capable of doing what you need to do in order to stop losing in this way
  • #804,763
  • Jan 24, 2024 4:14am Jan 24, 2024 4:14am
Quoting hoda
{quote} Bull or Bear, Scalper never trade with stress, they are always enjoy trading. {image}
nice indi btw
90% of traders use TA, indicators and prediction
  • #804,764
  • Jan 24, 2024 4:14am Jan 24, 2024 4:14am
Quoting billGU
{quote} i just do not understand how you are able to lose money when surrounded by such great traders... i could go on, but i think i will give my snipping tool a break for now {image} {image} {image} {image} {image} {image} {image} {image}
It is all about risk management. Normally we risk 20 to 30 pips to get 50 to 100 pips
Analysis is all about our expectation and you have to prepare yourself with plan B for live market behavior
Read the chart... Fundies are catalyst...
  • #804,765
  • Jan 24, 2024 4:15am Jan 24, 2024 4:15am
Quoting JackintheBox
We currently see, as usual, the distribution of the longs to the market, using time technique of big boys (which we are not able to use). They sell to currency converters and Central banks. That's how they make their money in that moment.
First retrace done. Now they decide to make new high or take it down to 1.2755. I have 5% of my shorts left. Rest sold with profit. Cheers.
  • #804,766
  • Jan 24, 2024 4:15am Jan 24, 2024 4:15am
...data coming out of the Uk is very mixed recently...conflicting indicators for Boe/Mpc? That Uk Pmi data was obviously better than expected...big move up to the prev 1hr/4hr sw hi zone that extends up to 2785, coexistent with (and in the dly part) ofthe dly part of the prev 4hr/dly sw hi zone that extends up to 2828, = prev res = pot res, where some supply was waiting.

4hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 32 KB
Trader with an Edge.
  • #804,767
  • Jan 24, 2024 4:16am Jan 24, 2024 4:16am
Quoting 7154Superman
{quote} Nah, you're just jealous I already made more than +100% combined growth in about a month with both demo and live accounts since you started hounding me. With no signs of stopping. I am actually trading less risky now than I was a month ago around Christmas time. So, keep looking for my destruction. That's a sign it will likely never happen.
Why would I be jealous of another "no stops, I 'hedge' instead" loser who thinks he's got it all figured out, and who does less live trades in a week than probably most people here do in a day. So keep carrying on as you are. It's going to be so good when you inevitably bust. I'm enjoying the show.
Congratulations ScalaFX for coming out of the closet!
  • #804,768
  • Jan 24, 2024 4:18am Jan 24, 2024 4:18am
Here's a little something to blow any cobwebs out of the forum and make sure volume is set to 11.....LOL
Is there any band out there that could play with such intensity??


Inserted Video
Don't Leave Money on the Table
  • #804,769
  • Jan 24, 2024 4:19am Jan 24, 2024 4:19am
Quoting nubcake
{quote} Why would I be jealous of another "no stops, I 'hedge' instead" loser who thinks he's got it all figured out, and who does less live trades in a week than probably most people here do in a day. So keep carrying on as you are. It's going to be so good when you inevitably bust. I'm enjoying the show.
Hi Nubcake! Nice to hear from you. Still around here? Funny you always comment on big moves. Hope you made your profit today. Next days will be losing days for you (again). Keep up the good work. Cheers.
  • #804,770
  • Jan 24, 2024 4:21am Jan 24, 2024 4:21am
Quoting billGU
{quote} i just do not understand how you are able to lose money when surrounded by such great traders... i could go on, but i think i will give my snipping tool a break for now {image} {image} {image} {image} {image} {image} {image} {image}
what a idiot! Next "guru" who lost all and now his ego must spreading all over, you are broke! Deal with it, go to work or something but GTFO or post your examples like others
People don't plan to lose. They lose because they don't plan.
  • #804,771
  • Jan 24, 2024 4:21am Jan 24, 2024 4:21am
Quoting MrFanciful
{quote} I have a problem with revenge trading. I have no idea how to deal with it. When I demo or back test, it all works out really well for me. My biggest regret in life was getting involved with this and I know I'll never be able to make back my £22,000 in losses. On the flip side, going to work every day is making me want to end it and I can't see any other way than trying to get this to work. I just look at a move like this and think "Is it really likely to continue up without coming down first?" I'm just looking to capture 10-15 pips. It is...
Be like everyone else here...gloat about your winnings and keep your the stories of your losses to yourself or you'll just get lectures.
  • #804,772
  • Jan 24, 2024 4:24am Jan 24, 2024 4:24am
Quoting JackintheBox
{quote} First retrace done. Now they decide to make new high or take it down to 1.2755. I have 5% of my shorts left. Rest sold with profit. Cheers.
1.2755 almost reached (1.27556). Due to retrace back to 1.2760 now I expect more down, probably 1.2752 or 51 sth. - I kick off my last short at 1.2755 anyway.

Currently I have not much time to post, sorry. Coming back soon.
  • #804,773
  • Jan 24, 2024 4:25am Jan 24, 2024 4:25am
...111% of 30day adr reached @ the current dly hi (61% 13wk awr,) - a 1st upside b/o of the Asian hi...what chances an upside follow-thru on those last 1hr and gmt+2 4hr bullish thrust candle closes @ some point?

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 30 KB
Trader with an Edge.
  • #804,774
  • Edited 4:39am Jan 24, 2024 4:25am | Edited 4:39am
Quoting hoda
{quote} Bull or Bear, Scalper never trade with stress, they are always enjoy trading. {image}
Top post, well said hoda If its stressful your size is waaaaaaay tooooooooo big imo
  • #804,775
  • Jan 24, 2024 4:29am Jan 24, 2024 4:29am
Quoting JackintheBox
{quote} 1.2755 almost reached (1.27556). Due to retrace back to 1.2760 now I expect more down, probably 1.2752 or 51 sth. - I kick off my last short at 1.2755 anyway. Currently I have not much time to post, sorry. Coming back soon.
Last annoying post of me today: 2nd retrace done. Now chances for lower quotes are only few % over 50% (almost roulette so to say). Bought back my shorts everything now (last 1.2755). Could be nice back and forth now (bouncing around here). I have no time today anymore. Good luck to all.
  • #804,776
  • Jan 24, 2024 4:31am Jan 24, 2024 4:31am
Quoting OutThere
{quote} Nice but this doing this kind of thing is more satisfactory if you got the money. https://youtu.be/TJ2ifmkGGus
Mr. Beast is something else! Imagine just solving 1,000 cases of blindness my God!. This is glorious!
May God bless him, Amen!!!
  • #804,777
  • Jan 24, 2024 4:31am Jan 24, 2024 4:31am
Quoting LoneTrader1
{quote} Expecting overshoot, news day probably a pump before dump.
  • #804,778
  • Jan 24, 2024 4:32am Jan 24, 2024 4:32am
Quoting nubcake
{quote} Why would I be jealous of another "no stops, I 'hedge' instead" loser who thinks he's got it all figured out, and who does less live trades in a week than probably most people here do in a day. So keep carrying on as you are. It's going to be so good when you inevitably bust. I'm enjoying the show.
So, "most people here" do more than 50-80 trades every day?!
If so, it's probably mostly noise, getting stopped out all the time with very little profit, if any. Remember, 95% of retail traders lose money.
You cannot fail if you never give up.
  • #804,779
  • Jan 24, 2024 4:32am Jan 24, 2024 4:32am
Quoting T721
{quote} Top post, well said hoda If its stressful your size is way tooooooooo big imo
Exactly!
I'm just drinking a "chill pill". Keeping my DD.
We go another day
  • #804,780
  • Jan 24, 2024 4:32am Jan 24, 2024 4:32am
[quote=MrFanciful;14730056]{quote} I have a problem with revenge trading.

As the saying goes 'Slow and Steady wins the race'

Start with 100 bucks and just make 1% a day after 20 trading days in a month you'll have 122 bucks so a 22% gain on just making 1% profit a day !!
Of course it gets a lot harder to make 1% a day on a large account and from memory of what the stock market guys want to make it's like 1% a month but they are dealing in the multi multi millions....
Don't Leave Money on the Table
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