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Cable Update (GBPUSD)

  • #815,081
  • Mar 8, 2024 7:03am Mar 8, 2024 7:03am
you ain't nothing but a hownd dog... crying all the time..
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  • #815,082
  • Mar 8, 2024 7:04am Mar 8, 2024 7:04am
Quoting Luxyus
{quote} don t tell me that man i m still cleanin the mess of the shorts, and still now without losing nothing {image}
im holding on to my shorts. In the margin call world too lol.

The GU getting this strong could be a temporary thing
Insane in the Brain..
  • #815,083
  • Mar 8, 2024 7:15am Mar 8, 2024 7:15am
For those of you who are following JPY pairs pay attention to the next Wednesday, because it's then that it will be determined if BoJ will start hiking rates or not, so 19th is already too late to the party (when the actual decision will take place, BoJ Meeting).


The BOJ is leaning toward ending negative rates in March, the key determinant will be the outcome of March 13th wage talks!
  • #815,084
  • Mar 8, 2024 7:17am Mar 8, 2024 7:17am
Quoting BeeTogether
{quote} im holding on to my shorts. In the margin call world too lol. The GU getting this strong could be a temporary thing
You're a brave man I'm mainly SHORT but only small lots lets hope for 1.2000 by May ...
  • #815,085
  • Mar 8, 2024 7:23am Mar 8, 2024 7:23am
Quoting Waveskierrob
{quote} You're a brave man I'm mainly SHORT but only small lots lets hope for 1.2000 by May ...
I think 1.32 is inevitable at this point first, but what will come after that only God knows...

I hope CPI will be good for USD, so I can catch that ride to 1.32 after price retraces some.
  • #815,086
  • Mar 8, 2024 7:25am Mar 8, 2024 7:25am
Quoting Whale
{quote} you always saying the same.. and most of the time wrong. about NQ as well..
What?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #815,087
  • Mar 8, 2024 7:25am Mar 8, 2024 7:25am
Quoting Bones
{quote} What?
Never mind, good luck master.
  • #815,088
  • Mar 8, 2024 7:27am Mar 8, 2024 7:27am
Quoting Waveskierrob
{quote} You're a brave man I'm mainly SHORT but only small lots lets hope for 1.2000 by May ...
there’s a fine line between brave and a dumbass I’m boardering dumb at the moment however a retrace to mid 127s and I will buy for 130
Insane in the Brain..
  • #815,089
  • Mar 8, 2024 7:27am Mar 8, 2024 7:27am
Quoting ScalaFX
buy closed GU and Gold now lets get other side
closed
People don't plan to lose. They lose because they don't plan.
  • #815,090
  • Mar 8, 2024 7:29am Mar 8, 2024 7:29am
No one knows when the drop is coming.. this MF* keep going up while giving out margin calls
Drawdown is more important than Account Size !
  • #815,091
  • Mar 8, 2024 7:29am Mar 8, 2024 7:29am
Quoting Waveskierrob
{quote} You're a brave man I'm mainly SHORT but only small lots lets hope for 1.2000 by May ...
Loooong long-term Waveski, you'll probably get your 1.17 or whatever your entry was when economies start to collapse and GBP takes a dive. It'll be a classic W pattern on MN TF. When recession or depression ends, we buy GBP/USD at the lows and hold for 5 years if we'll have any money left at that point to go long, of course.
  • #815,092
  • Edited 7:41am Mar 8, 2024 7:30am | Edited 7:41am
Nasdaq was a Tuesday if that's your point, I said don't long on that day it's too risky,
also, it's a bit early to read the weekly, but take note.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #815,093
  • Mar 8, 2024 7:31am Mar 8, 2024 7:31am
Quoting Whatevs
{quote} Loooong long-term Waveski, you're probably get your 1.17 or whatever your entry was when economies start to collapse and GBP takes a dive. It'll be a classic W pattern on MN TF. When recession or depression ends, we buy GBP/USD at the lows and hold for 5 years if we'll have any money at that point to go long, of course.
Yea maybe...
  • #815,094
  • Mar 8, 2024 7:34am Mar 8, 2024 7:34am
Quoting Bones
{image} {image} {image} {image} {image}
The irony in this set-up, lol

LOL
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #815,095
  • Mar 8, 2024 7:37am Mar 8, 2024 7:37am
i haven't traded gold but its literally saying F@@K U (mind my language) to Sellers. Goes down few dollars and then goes up twice the much.....
Extreme gut feeling trader
  • #815,096
  • Edited 11:33am Mar 8, 2024 7:39am | Edited 11:33am
Quoting 7154Superman
{quote} I was able to close my 4 big Level 3 short positions on EUR/USD this morning at around 1.072 - 1.075 with good profit, but did not close the other smaller shorts. And I didn't feel comfortable going long. So I waited to short higher and now I'm all back in short. Plus I added one more demo account. Now I have 13 accounts total. 2 Level 1 (demo $100k to $200k), 7 Level 2 (live $100 to $200), and 4 Level 3 ($400 to $800). All accounts are in short positions with max leverage. Average Live Short Position = 1.0905. Average Demo Short...
Well, shit. Not what I expected, but at this point, EUR/USD dump to 1.085 still looks promising for the rest of today and beginning of next week at least because price action has returned back to pre-NFP range.
So, I hold all my shorts.
But I did manage to add 3 more demo accounts today. Now total of 5 new demo accounts to trade alongside my 11 live accounts.
I would like to start a new trading strategy of swing trading with my demo accounts, meanwhile, keep scalping/hedging my live accounts.
After entering a position, when it's in a reasonable level of profit, set stop loss at break even, TP at +100% ROI, and let it fly. Only use trailing stop if price action has moved out of range. Keep doing that until either stop loss/trailing stop or TP gets triggered. No manual close allowed. If stop loss/trailing stop gets triggered, I should not re-enter until I get further confirmation of a top or bottom with a good possibility for a big enough swing trade to hit my TP of +100% ROI.
I would like to see how effective this could be.
For this swing trading strategy, I expect to consider trading other currency pairs besides EUR/USD.
You cannot fail if you never give up.
  • #815,097
  • Mar 8, 2024 7:46am Mar 8, 2024 7:46am
Quoting montygoldy
i haven't traded gold but its literally saying F@@K U (mind my language) to Sellers. Goes down few dollars and then goes up twice the much.....
till not.

like always.
  • #815,098
  • Mar 8, 2024 7:52am Mar 8, 2024 7:52am
Quoting Bones
I'm pretty sure Headland won't apologise, cause he has a massive ego {image} {image} {image} {image}
the big ego is on your side;-)

zebi is your loverboy;-)

too much zebi and no focus...
trading is like dancing, don't think and just listen to the music!
  • #815,099
  • Edited 1:16pm Mar 8, 2024 7:57am | Edited 1:16pm
A lot of people lost money today, I'm sorry for you're loss,
Headland is the passive ex-hedge fund attacker, he's the thingy candle man, no one else can predict anything guy.
I've never said a bad word too.
I have no problem with him on the contrary...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #815,100
  • Mar 8, 2024 7:58am Mar 8, 2024 7:58am
still hold my shorts,,35% dd now,,
dont teach me how to buy. im sellers!!
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