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Cable Update (GBPUSD)

  • #805,761
  • Jan 29, 2024 8:13am Jan 29, 2024 8:13am
Trying a long a bit late
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Extreme gut feeling trader
  • #805,762
  • Jan 29, 2024 8:19am Jan 29, 2024 8:19am
GU 150+ pips opportunity from here for a fall toward 1.25, but a break/base below 1.2660 on daily is necessary.
EU on same boat toward 1.06 but a break/base below 1.0785 is necessary.
The lower both close on monthly, the lower it will fall further on in February.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #805,763
  • Jan 29, 2024 8:42am Jan 29, 2024 8:42am
For a bearish close on Friday, it is normal to test s1 today, and that has happened.

For the trend ( bear ) to continue, today high 2719/18 should not break.

Tuesday is another day.

And yes, 2662 should not break for bulls.
Intraday only.
  • #805,764
  • Jan 29, 2024 8:44am Jan 29, 2024 8:44am
retrace most likely to start from 12 noon to 1 pm est, when 4 hr candle opens.
Intraday only.
  • #805,765
  • Jan 29, 2024 8:48am Jan 29, 2024 8:48am
Quoting nubcake
oochi give us some of that patented red and blue text that we all know is coming. I miss the copy paste from word docs.
His last 2 posts are classic PeterCaleb -- off topic and non sequitur.
  • #805,766
  • Jan 29, 2024 8:50am Jan 29, 2024 8:50am
Quoting BigNumbers
The Bulls are showing some sign of strength, if they make it above 1.27070 then I'll take a long position and exit at 1.27550 {image}
H4 200 ema is a strong support
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yes yes yes
  • #805,767
  • Jan 29, 2024 9:02am Jan 29, 2024 9:02am
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yes yes yes
  • #805,768
  • Jan 29, 2024 9:04am Jan 29, 2024 9:04am
Quoting 7154Superman
{quote} So, market opened with a gap down as expected, so my 4 shorts I held over the weekend did well. I do have 1 long position on drawdown. My Trade Explorer is updated. I can't upload all my demo accounts on it, so I posted the best one. Live accounts start with $100 and Demo $100k. Current Net Equity results from best to worst: #5 Live $143.30 (+43.30%) (9 trading days) #1 Live $141.50 (+41.50%) (19 trading days) #4 Live $118.09 (+18.09%) (9 trading days) #3 Live $112.14 (+12.14%) (11 trading days) #2 Live $108.25 (+8.25%) (13 trading days)...
Very good day with shorts. I scalped a good handful of both longs and shorts. Currently, I have 4 longs and 1 short positions.

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

#5 Live $143.30 (+43.30%) (9 trading days)
#1 Live $141.50 (+41.50%) (19 trading days)
#4 Live $126.30 (+26.30%) (9 trading days)
#3 Live $117.81 (+17.81%) (11 trading days)
#7 Live $105.48 (+5.48%) (8 trading days)
#2 Live $87.99 (-12.01%) (13 trading days)
#6 Live $71.97 (-28.03%) (8 trading days)

Combined results for live accounts:
Deposit = $700.00
Net Equity = $794.35
Profit +$94.35 (+13.48%) (8-19 trading days)

#11 Demo $156,414 (+56.41%) (4 trading days)
#9 Demo $154,282 (+54.28%) (4 trading days)
#8 Demo $149,213 (+49.21%) (17 trading days)
#10 Demo $121,709 (+21.71%) (4 trading days)

Combined results for demo accounts:
Deposit = $400,000
Net Equity = $581,618
Profit = $181,618 (+45.40%) (4-17 trading days)

Overall equivalent results of Live and Demo combined (Live = $200k + %)
Deposit = $1,100,000
Net Equity = $2,170,318
Profit = $1,070,318 (+97.30%) (4-44 trading days)
You cannot fail if you never give up.
  • #805,769
  • Jan 29, 2024 9:22am Jan 29, 2024 9:22am
Quoting 7154Superman
{quote} Very good day with shorts. I scalped a good handful of both longs and shorts. Currently, I have 4 longs and 1 short positions. Live accounts start with $100 and Demo $100k. Current Net Equity results from best to worst: #5 Live $143.30 (+43.30%) (9 trading days) #1 Live $141.50 (+41.50%) (19 trading days) #4 Live $126.30 (+26.30%) (9 trading days) #3 Live $117.81 (+17.81%) (11 trading days) #7 Live $105.48 (+5.48%) (8 trading days) #2 Live $87.99 (-12.01%) (13 trading days) #6 Live $71.97 (-28.03%) (8 trading days) Combined results for live...
Don't stop there! Keep telling us about your hundreds of thousands of demo dollars, like anyone gives a flying shit.

Hurry up and destroy your real money and stop fucking around.
Congratulations ScalaFX for coming out of the closet!
  • #805,770
  • Jan 29, 2024 9:29am Jan 29, 2024 9:29am
Longs and shorts.

Purely scalping.

I could not find a strong trend so ended up with scalping whole day.

ok results. But..still could have been better. Today
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Intraday only.
  • #805,771
  • Jan 29, 2024 9:29am Jan 29, 2024 9:29am
Quoting montygoldy
Trying a long a bit late {image}
update tp set at the 1.27…..
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Extreme gut feeling trader
  • #805,772
  • Edited 10:01am Jan 29, 2024 9:32am | Edited 10:01am
Quoting nubcake
{quote} Don't stop there! Keep telling us about your hundreds of thousands of demo dollars, like anyone gives a flying shit. Hurry up and destroy your real money and stop fucking around.
For your information, I'm treating my demo accounts with the same importance as the live accounts because when they reach +100%, then I will add a $100 live account for each of them.
Basically the way I am trading my demo accounts now is the way I will continue trading the live accounts that replace them.
I needed to add 3 more accounts recently for better flexibility.
Right now, I am working on level 1 (Demo) and Level 2 ($100 Live). Ultimately, I expect to have up to $300 total invested per account to start level 3 and $1,000 for level 4. After that, once level 4 is completed, I start withdrawing a portion of the profits as income, and continue growing the rest of it.
So this is real time growth, to develop a foundation of a proven winning system before I invest into it, not just f'ing around.
You cannot fail if you never give up.
  • #805,774
  • Jan 29, 2024 9:35am Jan 29, 2024 9:35am
Quoting montygoldy
Trying a long a bit late {image}
It'll pay off
  • #805,775
  • Jan 29, 2024 9:35am Jan 29, 2024 9:35am
Quoting Pat Chiko
{quote} GU Revenge trades @ QM {image}
It paid off!
  • #805,776
  • Jan 29, 2024 9:35am Jan 29, 2024 9:35am
Quoting eyefeelsix
{quote} keep on eyes {image}

so.. target profit on the potential sell zone

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https://breakpullback.com
  • #805,778
  • Jan 29, 2024 9:52am Jan 29, 2024 9:52am
Quoting nubcake
{quote} Aim for the chest like a professional, you fucking idiot. Do it right.
One fuckin idiot is only you prick! You just coming here and represent nothing, but hey!, what can represent zero like you
People don't plan to lose. They lose because they don't plan.
  • #805,780
  • Jan 29, 2024 9:58am Jan 29, 2024 9:58am
Quoting ScalaFX
{quote} One fuckin idiot is only you prick! You just coming here and represent nothing, but hey!, what can represent zero like you
I protest! I've provided all the evidence you need with my spreadsheet earlier! How dare you!
Congratulations ScalaFX for coming out of the closet!
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