Cable Update (GBPUSD) | Page 40434 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #808,661
  • Feb 9, 2024 1:05pm Feb 9, 2024 1:05pm
Quoting Moty
this day was ugly i took long in the beginning because this was the right thing to do i started with 80 $ floating profit when price spiked in London open then it went down and i was in 130 $ floating loss 1 hour before ny open price spiked up and put me in 70 $ floating loss and then it ranged until now from 40 $ to 70 $ and i had enough and closed it all {image}
good, well done anyway on your progress.
its been a while since your last margin call.
this is great progress
  • #808,662
  • Feb 9, 2024 1:27pm Feb 9, 2024 1:27pm
Quoting navk
{quote} I gave this link to my fx broker Add funds > Bitcoins Is this correct ? {image}
na na na .. you have to give the bitcoin wallet address..... thats where they'll send the funds
use the mobile app its way faster n easier
Attached Image(s) (click to enlarge)
Click to Enlarge Name: IMG_1748.jpeg Size: 448 KB
Click to Enlarge Name: IMG_1749.png Size: 51 KB
Extreme gut feeling trader
  • #808,663
  • Feb 9, 2024 1:28pm Feb 9, 2024 1:28pm
Im in love with this weekly close for GU like i said previously, this week close will give the clue, for me 1.2750ish is confirmed, pa could retrace but will visit 2750
  • #808,664
  • Feb 9, 2024 1:41pm Feb 9, 2024 1:41pm
Quoting montygoldy
{quote} na na na .. you have to give the bitcoin wallet address..... thats where they'll send the funds use the mobile app its way faster n easier {image} {image}
I do not see that. " Deposit "

See the picture what it shows for me.

Under " add funds " and " bitcoins " i see that address
Attached Image (click to enlarge)
Click to Enlarge Name: shakepay.png Size: 86 KB
Intraday only.
  • #808,665
  • Feb 9, 2024 1:46pm Feb 9, 2024 1:46pm
Quoting navk
{quote} I do not see that. " Deposit " See the picture what it shows for me. Under " add funds " and " bitcoins " i see that address {image}
i use only the app ... that might be on web browser only
Extreme gut feeling trader
  • #808,666
  • Feb 9, 2024 2:00pm Feb 9, 2024 2:00pm
Quoting montygoldy
{quote} i use only the app ... that might be on web browser only
It is done now.

Bitcoins in my wallet. Success.

Thanks a lot for your guidance
Attached Image (click to enlarge)
Click to Enlarge Name: shakepay.png Size: 29 KB
Intraday only.
  • #808,667
  • Feb 9, 2024 2:51pm Feb 9, 2024 2:51pm
Quoting nubcake
JFC now the kids are arguing over what spread costs are...
Hello nubcake! I heard your call and here I am.
Tell me the complete story...
  • #808,668
  • Feb 9, 2024 3:24pm Feb 9, 2024 3:24pm
Quoting 7154Superman
{quote} My #8 Demo has reached +100% today (Thursday), and is now upgraded to #10 Live. Only 1 demo account left. At this point, I have 5 EUR/USD short positions, TP = 1.07. Watching price action to determine if I want to open some long positions to hedge the shorts. It kinda looks like it wants to fly first tomorrow before dumping, but I'm not so sure yet. It might just dump straight down from here at 1.0777 to 1.07 and below. Live accounts start with $100 and Demo $100k. Current Net Equity results from best to worst: #4 Live $173.14 (+73.14%)...
Another interesting day. Lots of scalping done both ways on EUR/USD with good profit.
At this point, I have 7 shorts on EUR/USD. The plan is to hold them through the weekend. My gut tells me there is a good possibility for a gap down before market open and target 1.06 or lower next week.
But I may be wrong. Don't follow me blindly.
I will update my Trade Explorer sometime this weekend.

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

#4 Live $173.14 (+73.14%) (18 trading days)
#1 Live $165.66 (+65.66%) (28 trading days)
#2 Live $165.17 (+65.17%) (22 trading days)
#7 Live $158.89 (+58.89%) (17 trading days)
#8 Live $154.37 (+54.37%) (9 trading days)
#9 Live $119.22 (+19.22%) (5 trading days)
#5 Live $116.95 (+16.95%) (18 trading days)
#10 Live $109.19 (+9.19%) 2 trading days)
#6 Live $103.26 (+3.26%) (17 trading days)
#3 Live $80.11 (-19.89%) (20 trading days)

Combined results for live accounts:
Deposit = $1,000.00
Net Equity = $1,345.96
Profit +$345.96 (+34.60%) (2-28 trading days)

#9 Demo $157,315 (+57.32%) (13 trading days)

Overall equivalent results of Live and Demo accounts combined (11 demo accounts up to $200k + Live %)
Deposit = $1,100,000
Net Equity = $2,849,235
Profit = $1,749,235 (+159.02%) (13-53 trading days)

Average 29.18 trading days per account (11 Demo + Live accounts combined)
Average +3.32% ROI per trading day compounded.
You cannot fail if you never give up.
  • #808,669
  • Feb 9, 2024 3:38pm Feb 9, 2024 3:38pm
Quoting montygoldy
{quote} i use only the app ... that might be on web browser only
its friday...did you get your 25k payout?
short trump and go long the deepstate
  • #808,670
  • Feb 9, 2024 3:48pm Feb 9, 2024 3:48pm
Quoting aa4fx
{quote} out on the second fall at 2722 … enough with sharks feeding, they will become too lazy with such approach
I see you've been wrongly accused of being someone you are not. My apologies...
Desperate times call for desperate measures.
  • #808,671
  • Feb 9, 2024 4:00pm Feb 9, 2024 4:00pm
yowza and wow

70% of the gamblers taking the 2.5 points with chiefs and the moneyline in the superbowl

still early but my contrarian ass will bet on the 49ers
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-02-09 155722.png Size: 9 KB
short trump and go long the deepstate
  • #808,672
  • Feb 9, 2024 4:36pm Feb 9, 2024 4:36pm
Quoting Whatevs
{quote} I see you've been wrongly accused of being someone you are not. My apologies... Desperate times call for desperate measures.
I appreciate your message, though I'm not entirely sure what you're referring to. Can you please provide more context?
  • #808,673
  • Feb 9, 2024 6:45pm Feb 9, 2024 6:45pm
Quoting Zebi
{quote} its friday...did you get your 25k payout?
its pending lets see
Extreme gut feeling trader
  • #808,674
  • Feb 9, 2024 7:20pm Feb 9, 2024 7:20pm
Quoting Ferna
{quote} Tuesday(6th february): 35 pips Wednesday: 8.6 pips Thursday: 896.1 pips Friday: 117.4 pips Result: 1057.1 pips Win rate: approx. 80% Can't say next week is gona be bullish. There is an uncertainty to the market, it's inflated beyond comprehension. So might be alot of volatility and liquidation of stocks. I'd proably aim for smaller pip amount next week, like 20 pip/day or be flat.
Very good results! Congratulations!
Can you please also share what your total ROI is, like per day and per week or whatever? You're mentioning only pips, but I have no clue what your trade sizes are vs account balance/net equity. So, if you post your ROI percentages along with your pip counts, then that would be so much easier to visualize what you're achieving.
I do a ton of varying micro trade sizes besides my large positions and can get hundreds, or even thousands of winning (or losing) pips every week, but they account for very little of my total ROI.
In the end, ROI determines your real growth. Thanks!
I would love to see more people show evidence of consistent growth and getting rich from Forex trading (over time). It encourages me to see other people also being able to achieve this exponential growth besides me.
It seems like most (supposedly) successful traders stop reporting their $$ amounts of winnings, lot sizes, and account balance when they get big. Why is that? I would like to know... Thanks.
You cannot fail if you never give up.
  • #808,675
  • Feb 9, 2024 9:42pm Feb 9, 2024 9:42pm
Quoting 7154Superman
{quote} Very good results! Congratulations! Can you please also share what your total ROI is, like per day and per week or whatever? You're mentioning only pips, but I have no clue what your trade sizes are vs account balance/net equity. So, if you post your ROI percentages along with your pip counts, then that would be so much easier to visualize what you're achieving. I do a ton of varying micro trade sizes besides my large positions and can get hundreds, or even thousands of winning (or losing) pips every week, but they account...
For me, daily target is 4 % ROI, weekly ROI target is 21. 6 % on a cumulative basis.

And actual achieved for this week is 30.41 %

By Feb end, I am planning to withdraw partial profits and deposit in a new mt4 account.

This, I am planning to do in order to mitigate Broker risk.
Intraday only.
  • #808,676
  • Feb 10, 2024 2:18am Feb 10, 2024 2:18am
Quoting DrDave
{quote} If price breaks 1.2640 in this session A mere break does not mean much; there must be signifcant follow through.

I guess I have to be more specific but to me a 'break above' means a decent push higher, 20, 30 or 40 pipes higher and I did say we could see 1.2680...
But there was no desire from traders to take dollar pairs higher during the New York session.
If we did get a break higher then it would have been up to each individual trader to assess the situation and gauge if there was enough momemtum to reach 1.2680
Don't Leave Money on the Table
  • #808,677
  • Feb 10, 2024 2:25am Feb 10, 2024 2:25am
Quoting navk
{quote} For me, daily target is 4 % ROI, weekly ROI target is 21. 6 % on a cumulative basis. And actual achieved for this week is 30.41 % By Feb end, I am planning to withdraw partial profits and deposit in a new mt4 account. This, I am planning to do in order to mitigate Broker risk.

Checking what 4% ROI really means in figure terms depending on your initial daily balance, in my opinion any % based ROI needs to be strictly adhered to. So the moment 4% is achieved and price not continuing in your favour trades must be closed.

Just like the meme.....Prove Me Wrong!
Don't Leave Money on the Table
  • #808,678
  • Feb 10, 2024 2:55am Feb 10, 2024 2:55am
These are the facts I see :

The hourly setup is not showing strong conviction up.
Weekly shows rejection in support.
Daily ugly.

So, in summary, what I see is a good bounce from 1.25 and price stuck in previous support now resistance.

But

In the same time, resistance 1.2640 did not push price back to 1.25.
And even a move above the 1.2640 did not find more buyers.

All this can be summarised as follow:
1.26/1.264 is a balanced area
below we have a proven demand.
abpve we suppose to be supply.

i will be looking for buy opportunities in the 1.25/1.26 area or on the b/o of 1.2640 so suggesting demand overcame supply.
i will be looking for shorts opportunities in the 1.2680 / 1.2740 area.
90% of traders use TA, indicators and prediction
  • #808,679
  • Feb 10, 2024 3:01am Feb 10, 2024 3:01am
Quoting _BBKing_
These are the facts I see : The hourly setup is not showing strong conviction up. Weekly shows rejection in support. Daily ugly. So, in summary, what I see is a good bounce from 1.25 and price stuck in previous support now resistance. But In the same time, resistance 1.2640 did not push price back to 1.25. And even a move above the 1.2640 did not find more buyers. All this can be summarised as follow: 1.26/1.264 is a balanced area below we have a proven demand. abpve we suppose to be supply. i will be looking for buy opportunities in the 1.25/1.26...
I see that the bears have more chances.
Monday, Tuesday.
perhaps I am wrong.
M30.
  • #808,680
  • Feb 10, 2024 3:09am Feb 10, 2024 3:09am
Quoting tiborf71
{quote} I see that the bears have more chances. Monday, Tuesday. perhaps I am wrong. M30.
well maybe
I will not be looking to short this level, doesn’t seem to be much

more likely will catch a scalp short o if going down from here to try the 2580 n 2540
90% of traders use TA, indicators and prediction
389 traders viewing now