Cable Update (GBPUSD)

market seems to very troubled & sluggish today… but trade still active.

trading places

Thanks

Luck is on my side As I wish pound Gold

What's wrong with starting with $100 like I do? If you can consistently double every month, you'll have your 1-2k in 6 months.

hi, i guess these arrows and the corresponding levels are of course redraw.but if you caught these levels that's great.

Really? You gonna reply me like that?

This is not "maybe he is gambling", he IS gambling, look at that lot size as compared to his account balance, it's all good if he is right, he starts over again if lose streak comes. And here you are, encouraging and supporting his behavior?

I assure you, a godlike strategy paired with a gambling style lot size will still be a recipe for disaster.
You cannot measure result if you use 0.02 lot today and suddenly use 0.50 lot tomorrow, lot size HAS to be consistent and reasonable compared to your account balance if you want to stay in the game and make it in the long run.

Put everything aside, I do admire his courage and transparency to post everything he do here.
I'm not here to flame him or anything, I wish him well as much as anyone here does.
But as long as he doesn't follow proper risk management, he will go nowhere. Win big some days and then one day lose it all and restart by depositing again, the cycle never ends.

Now back to your request on my trades. There is a reason I hold back posting my stuffs here anymore, I no longer trade manually, I let the bot designed by myself to do all the lifting, and it takes time because it is not a short term strategy. Time is all it needs to accumulate result that can show to people.

I sorted out the backtests with highly reliable accuracy and good results, then I moved to Phase 1 live after that and now is still ongoing, I'm planning to give it 2 months or a little more to further confirm the live performance, then I will put in serious money to start Phase 2 live and let it roll until I achieve early retirement.

$649.90 profit, period from 17 Nov 2023 to 10 Feb 2024, initial deposit $2,865.00.
22.68% profit over almost 3 months, roughly 7.5% per month, do the math if this consistent performance keeps up.
The % may look small to people, people are posting 100%+ gains achieved in a day or two, I know I don't need that.
Big capital paired with consistent reasonable % returns, I will reach my financial goals too, I'm not in a rush to burn myself.
The best thing is I don't even need to care about market direction anymore, up or down? Who cares? I designed the bot in a way that can capture profit in either direction, normally system suffer in Range but thrive in Trending market, vice versa, I came up with a solution to that after many months of brainstorming.

Now let me get back to my New year holidays. Cheers.

For me, overall bias was bullish for Friday.

I decided this bullish bias when NY closed on thursday.

Since then, i added longs when price was going down.

In fact whole of Asia, frankfurt and London open.... I was adding long positions.

And then on the spike up at 8.30 AM est, I booked my profits.

Being friday, I did not want to chase the price.

Your question is arrows, right ?

I follow arrow on hourly chart with support and resistance intact.

On a 5 min chart, i take entries, and do not follow arrows.

loss day today shutting off … not a single winner

bummer.

very small stops in very consolation zone.

will take the loss on this trade, -22

Big fat zero this week… back to my tea

...it happens buddy, as you well know you can't win them all...

I have been busy. USDCAD about to run up take a position

i closed all except gbpchf, it’s almost 100 pips somi let it run.

thats a buy!
but best buy, in this case, would be above the major resistance above
or a great sell, if broken

gonna do that bro have to start somewhere patience is key

sl was huge but i closed manually…

Sl 1.34455
Tp 1.35344