Cable Update (GBPUSD)

Dump it, short it. SL only
equities
or short everything

I took it from 1.27177 for 10 pips

Some of the people that post on this thread clearly have some time on their hands. Perhaps you could spend some of it on this site. Note that one of the skills that you can practice there is DECISION MAKING.

Sold GU 1.2722

TP 40pips

SL open

no i made that mistake in the beginning lost couple funded without any payout and 8+challenges…. My approach is based on the balance of the each specific account if positive i’ll increase the risk and ok to lose profits…. If account is in drawdown i’ll approach differently and take best trades possible only from the best of my skillset…. So trade individually also helps with my emotional/revenge trading… if i lose one day i move to another account….

closed 50p

GU

We have reached the POI 1 area.
That will be Tokyo move to move price for MM to re-accumulate position for continuation later in London.

May take profit (partial or full) until new set up come into play.
Next target is POI 2

Out. Closed index shorts, keeping some small GU shorts

lets see if i keep this shorts today...

If you ever want to discuss traing and strats etc send me DM Monty

Perhaps back to 126
Daily

TSLA earnings time expectting to move stock price by 6%

126 would be very useful, since red data tomorrow let’s see how it works

Which broker are you with?

Weekly candle stuck at resistance /trendline and printing lower ATM.
Weekly High just above 12827
Low 12432
Not checked the news calendar, are we waiting for any statistical data this week?

So, earlier today was one of those days that I couldn't predict what EUR/USD price will do, and then it kept going up farther and farther without a significant retrace, plus I didn't have time or energy to try to scalp around and watch the price action too much.
So, I kept adding shorts higher and higher, expecting it to turn around at any time, since you never know when it does. Finally, at USD red news, the top was in, and it plummeted.
In the process, I had added 8 short positions, and price STILL kept going up.
So, enter my contingency plan: Adding more demo account positions. I ended up starting 3 new demo accounts with short positions close to the top. Now I have 11 accounts total. 7 live and 4 demo. A bit more flexibility.
So, I scalped 4 shorts on the drop, then entered one long position.
Total current positions = 7 shorts and 1 long. I now have 3 more accounts free to add to the mix.
I do expect price to take out this week's low of 1.082 area tomorrow or Friday. My short TP is 1.07158 just for fun. (I copied Austyno from "EUR/USD only" thread).
However, I do see the possibility for price to continue rising (maybe higher highs, 1.10?) until ECB news tomorrow (Thursday).
My plan is to simply add more shorts higher up. If price doesn't drop significantly after the news, then I will add even more demo accounts and scalp around.
All demo accounts will eventually reach +100% ROI, then be replaced with a $100 live account.
For today, I suffered a significant loss of net equity on my live accounts due to all the shorts in drawdown, but still have a small profit overall. (Definitely not a "bust" per Nubcake's desire to see. ) It will take a lot to get me to bust. LoL
If price drops tomorrow and tests this week's low again, then I will be in good profit. If not, then add more demo accounts for even more flexibility.

In my trading results below, take note that despite most of my live accounts currently being in net loss, the top account did gain profit today. That's the design of my system and why it will work long term. All I need is one account that keeps climbing the ranks of higher levels. All the other accounts could stay down and small and not hurt me one bit.
The key to add to drawdown positions is to start entering the positions with the smallest accounts first, then go up from there, leaving the biggest for last, with the most potential for gain and least risk of loss.

I will probably wait to upgrade my Trade Explorer until trading ends for the week since it's so time consuming to reset it and get it to work.

Live accounts start with $100 and Demo $100k.
Current Net Equity results from best to worst:

#1 Live $141.50 (+41.50%) (16 trading days)
#5 Live $125.15 (+25.15%) (6 trading days)
#6 Live $99.02 (-0.98%) (5 trading days)
#4 Live $95.74 (-4.26%) (6 trading days)
#2 Live $93.03 (-6.97%) (10 trading days)
#3 Live $90.22 (-9.78%) (8 trading days)
#7 Live $80.28 (-19.72%) (5 trading days)

Combined results for live accounts:
Deposit = $700.00
Net Equity = $724.94
Profit +$24.94 (+3.56%) (5-16 trading days)

#11 Demo $119,270 (+19.27%) (1 trading day)
#8 Demo $108,644 (+8.64%) (14 trading days)
#10 Demo $108,339 (+8.34%) (1 trading day)
#9 Demo $102,702 (+2.70%) (1 trading day)

Combined results for demo accounts:
Deposit = $400,000
Net Equity = $438,955
Profit = $38,955 (+9.74%) (1-14 trading days)

Lotsa Volatility tomorrow

Just cuz market closed an sometimes even if we had a shit day at the table we need a laugh. This is a blast from my past