Cable Update (GBPUSD)

Quoting _BBKing_

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{quote} some are closing because of many reasons. metatrader first. I have both my live and prop firm account (passed today phase 1 ). There is no difference between a live and a prop account. The only difference is about the size allowed maybe, but trading shit in a prop account will end exactly like trading shit in a live account: ending with nothing

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Quoting Zebi

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{quote} I'm just saying American regulators have closed the American market to prop firms using a variety of means and the companies are dying off cause they cant survive so traffic at FF will drop to pre prop firm invasion levels cause all those poor kids around the world with a spare 100 dollars to gamble with the prop firms just wont sustain the business model

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Quoting Zebi

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{quote} I forgot to mention in my post to T721 that worldwide prop firms are closing down and so are the proptraders..they cant accept Americans so they're losing money and refusing payouts....just read a little of the prop firm hub FF will go back to being the way it was 5 years ago before the hordes of prop traders invaded forexfactory....i think thats a good thing having those dipshits disappear with their 200 dollar challenges

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Quoting Pat Chiko

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{quote} Hi Zebi, what's your average position price now. I guess, this will take to 1.55 before BoJ interfere, Anyhow, thanks for signal. & helping newbie like me. {quote} 1.55 didn't do on NFP, maybe next week we can see 1.55. I hope Zebi still holding his long position.{image}

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Quoting Zebi

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{quote} go read the prop thread every dipshit prop trader over there is moving into futures props now and everybody complaining their payout requests with forex prop firms are being denied usa traders cant use VPN because of KYC rules and most Americans don't have relatives in foreign countries and if they do wouldn't want to bother them with a bullshit 300 dollar challenge account

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Quoting Pat Chiko

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GU Anyhow, I wait got pullback to EW2 and get into the rocket.... Maybe later today or Monday. I hope to get lucky. {image} This is not signal service.

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Quoting Zebi

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{quote} I'm just saying American regulators have closed the American market to prop firms using a variety of means and the companies are dying off cause they cant survive ..so traffic at FF will drop to pre prop firm invasion levels cause all those poor kids around the world with a spare 100 dollars to gamble with the prop firms just wont sustain the business model

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Quoting navk

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1.2615 is limit for today. After News event,( tomorrow ) the price can even fly to 1.2800. who knows ?

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Quoting T721

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{quote} Hi nave, are you having any problems with Prop accounts... ie them closing down or refusing payouts ? Cheers

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Quoting _BBKing_

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{quote} naaah. the scenario will either be stabilized or people will find other ways or other prop firms

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Quoting navk

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{quote} I stopped with prop firms long ago. Lots of firms having strict condiitions ( daily dd of 5 % ) and then refusing payouts too yes. There used to be a good firm, myforexfunds. They closed doen due to legal issues. They pay and paid lots of times to me, Now i do not trust any one of them.

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Quoting nubcake

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Quoting T721

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{quote} Thanks, good to know mate as i have a friend wanting to go down prop road. Gonna talk her out of it. Much appreciated for your reply

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Quoting Pat Chiko

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{quote} UJ Zebi, is your target remain the same as we are going for US CPI this week ?.{image}

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Quoting T721

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{quote} {image}

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Quoting T721

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{quote} Thanks, good to know mate as i have a friend wanting to go down prop road. Gonna talk her out of it. Much appreciated for your reply

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Quoting Zebi

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{quote} I was surprised upon my return to FF couple years ago about the types of traders that were her I came from an irc chatroom with mainly USA stocks and futures traders so I didn't know anything about these forex prop firms and all the people using them when I came back lol I started out when the minimum to open an online trading account was 10k...now any dipshit with 50 dollars or less can open an oanda account since so many forex brokers don't have a minimum.... and having all these people with no money and knowledge or skill trading and...

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