Cable Update (GBPUSD)

im gona add shorts if this hourly candle closes below 2679 in 20 min.

Oof, I log on to Oanda just now, and the whole bullish scenario I saw this morning looks like it failed. Price action on EUR/USD looks really bearish. So, it remains to be seen, is it a bearish fakeout and final test of support zone to go up from here for the rest of this week, or is this the beginning of the non-stop mudslide to parity?
I was occupied with driving taxi during FOMC so I couldn't focus on scalping the volatility. However, I did manage to close my old underwater shorts with small profits when FOMC news drove the price down to the bottom of the range.
Only 1 underwater long position remained after the FOMC volatility. I just now opened a short position to hedge it.

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

#3 Live $146.62 (+46.62%) (13 trading days)
#5 Live $143.30 (+43.30%) (11 trading days)
#1 Live $141.50 (+41.50%) (21 trading days)
#7 Live $130.51 (+30.51%) (10 trading days)
#4 Live $128.33 (+28.33%) (11 trading days)
#2 Live $122.92 (+22.92%) (15 trading days)
#8 Live $121.29 (+21.29%) (1 trading day)
#6 Live $84.28 (-15.72%) (10 trading days)

Combined results for live accounts:
Deposit = $800.00
Net Equity = $1,018.75
Profit +$218.75 (+27.34%) (10-21 trading days)

#11 Demo $168,460 (+68.46%) (6 trading days)
#9 Demo $160,115 (+60.11%) (6 trading days)
#8 Demo $149,159 (+49.16%) (19 trading days)

Combined results for demo accounts:
Deposit = $300,000
Net Equity = $477,734
Profit = $177,734 (+59.24%) (6-19 trading days)

Overall equivalent results of Live and Demo combined
(Live = $200k + %)
Deposit = $1,100,000
Net Equity = $2,515,174
Profit = $1,415,174 (+128.65%) (6-46 trading days)

The average trading days for each of my 11 trading accounts combined of Demo + Live is 22.18 trading days. That's exactly 1 month. (Average trading days per month is 21.6)
So, technically, my system gained me +128.65% ROI in only 22 trading days (1 month)!!
That's way better than I expected to achieve.
The record time to achieve +100% ROI with any one account is now 5 trading days, done with #10 Demo, finished yesterday, now replaced by #8 Live.
The previous record was 6 days, done with #6 Demo, which was replaced by #1 Live on January 3, 2024.
So much done within 1 month.
My total growth so far is, again, far more than I expected by this time.
Considering my current progress, gaining +1,000% ROI within the next six months is well within reach. Hopefully, by then (End of July, 2024), I should have completed Level 7 of my leveling system, of Level 1 to 32, with at least one account.
Level 7 is trading Live $6,000 to $12,000, then withdraw $2,000 before starting level 8 with $10,000 (hopefully by the end of July, 2024).
Level 17 is trading $600,000 to $1,200,000, then withdrawing $200,000.
Level 32 is trading $600,000,000 to $1,200,000,000, then withdrawing $200,000,000
With my current rate of progress, level 17 could be reached within 18 months from today, calculating a bit slower percentage growth per level as the account gets bigger.
Level 32 could be done within 5-10 years, depending on if the broker even lets me trade that much at a time, as well as how much leverage they give me.
But, let's wait to cross that bridge until we get there. Just 1 level at a time, one day at a time. Staying focused on pips and percentages only. Ignore the $$ amounts. And you'll be fine.

I hope some of you guys can use this example as encouragement to keep trying until you also establish a consistent winning system. It took me 4 years and 3 months (51 months) of losing money and learning, to get to this point to start my current system on November 26, 2023. Now it's been 2 months of consistent gains, and I'm only just getting started. I'm not interested anymore in trying any other type of system that might do better for me because what I'm gaining here at this rate is already better than I expected to achieve consistently long term. Of everything I have tried and tested, my current system of scalping/hedging has been the most profitable consistently. So, I'm happy with it and am planning to stay with it.
Keep it simple, and your mind, body, and spirit will thank you later. Good luck!

It closed at 1.26794 at 9 p.m. EST on Oanda. Not below 1.2679. So, more sideways and possible bullish spikes yet for the rest of this week, then free fall next week??

Tp smashed

didnt close under so didnt go short

Just keep watching the candles on an empty chart. One day you will see it.

dont know about bullish spikes except intraday bullshit cause daily and hier timeframes bearish

Only open positions are us30 long for 60 points…. Can go more higher but 60points good enough to feed my greed…
rest will do something about cable in nyopen till now no bias at all

Very good work with your trading. I called you out for adding to your losing shorts when price kept going higher and higher while I was making instant profit going long. Then while you were collecting $$ on the dump, I was only regaining lost equity on my underwater shorts with small profits. (I did not scalp much during FOMC because I was busy driving taxi.)
This proves money can be made both ways if done carefully.
Cheers to both of us!

Just wait until it spikes then sell it when it starts dumping.

Hello, I hope you have a good day, sorry, what broker do you use?

I'm short , you're out?

Playing top at random still, no daily close above 2706 or below 2666, no signal bear even except breakout and not enough. So at neutral / sidway but at an extreme top so centre of gravity remain low automatically.. If so play then target swing goes same 1018. Take care

nope holding till tp1 38260 and tp2. 38300

prop firms .. multiple accounts each prop firm have different broker like thinkmarkets, acg, pruple trading etc....

GU

Projection to retest BO zone prior to UK Bank rates in a bit.
Internal Structure still holding well, nothing breaking on both end, still in ranging mode.

GU

We are getting tighter toward end of symmetrical triangle.
Breakout is immanent.

GOLD

H4 Structure holding after the 2nd test made during FOMC.
Reaching out to the next ON zone

Asia is done .

First long trades when Tokyo opened.

Then short at resistance area 1.2700.

Now will see if there is any opportunity in Frankfurt/London open.