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Cable Update (GBPUSD)

  • #821,601
  • Apr 15, 2024 6:00am Apr 15, 2024 6:00am
GBPJPY sell is good at the current price (192.31)

Enjoy the move!
  • #821,602
  • Apr 15, 2024 6:00am Apr 15, 2024 6:00am
Quoting OperaniyiFx
{quote} my strategy is not your strategy… you were thought that you should not trade without stop lose, that’s what you learned not a forex rule or norms. It’s not mandatory to any trade to use SL it’s all depends on the strategy you use. You’re doing fine with SL then stick to it and don’t condemn my own trade without SL. check my history and post for results and compare to that of yours with SL. Focus on what you develop and works for you. There’s no monopoly of trading.
I like your trades my brother I always watch am d personally i believe that all trading strategies work even gambling but its the discipline to get in and out of trades that makes successfully traders
  • #821,603
  • Apr 15, 2024 6:02am Apr 15, 2024 6:02am
Quoting hjalil
{quote} On the contrary.. i do agree with @OperaniyiFx. Everyone has their own strategy.
As do I. So, if his trade makes it 80 pips, I won't comment as this was "guaranteed". But if price goes 80 pips in the other direction beforehand, I will ask him to explain to people here what he plans to do. Accountability is nessasary if you are guaranteeing trades
Emotional Control. Process, not outcome.
  • #821,604
  • Apr 15, 2024 6:10am Apr 15, 2024 6:10am
Quoting Zebi
placed a buy limit at 2426...if gets filled ill hold for total retrace of fridays candle...if not by the time I go to bed ill get out at BE at 2495 .... gona set an alert on my phone so wakes me up if I'm sleeping

well I'm out ofthese bad GU longs with just a couple pip loss ...cancelled the orders too
now ill just look for shorts instead of screwing around with countertrend longs
short trump and go long the deepstate
  • #821,605
  • Apr 15, 2024 6:15am Apr 15, 2024 6:15am
Quoting _BBKing_
{quote} weren't you, as a professional, accumulating buy orders in the 1.2530 area? so now, after the deep drawdown (since price could meet back the 1.25 area next quarter or end of the year ), you come stating in bold (again) the best area to buy for a reversal after a just 20 pips pullback from lows and straight into fast TF first supply zone 1-2455/1.2480 ? good luck

the funniest part of his post is his bottom call off a 15 min chart LOL
short trump and go long the deepstate
  • #821,606
  • Apr 15, 2024 6:18am Apr 15, 2024 6:18am
Quoting minhtri
{hình ảnh
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  • #821,607
  • Apr 15, 2024 6:22am Apr 15, 2024 6:22am
Quoting HaLBot
{quote} There is zero mental pressure trading such a small account, the only way you learn to trade a live account is to be able to feel the pressure of making mistakes where your losses will be bigger than your mind can cope with After you've be spanked hard by the forex markets and your ego totally smashed will you become the trader you want to be.... or your smashed so hard you don't get up from that hit and never trade again
Been there, done that. But trading demo and small $$ accounts have their uses, too. A pro trader, with 10+ years full time trading experience (10k+ screen hours) whom I witnessed making more than 10 times his ROI in a single month, said he learned how to trade aggressively like that with demo with trial and error in his first year until he perfected his method.
I started trading with big money straight up about 4 years, 8 months ago. I still have not recovered my losses except only like 10% of it. Only recently like 4-5 months ago, starting a new system (scalping/hedging). I finally decided to start using multiple demo accounts, grow them to +100% ROI, then invest a small amount like $100 in each, grow that to +100% ROI, then invest more, etc. It worked. I made a little over 50% ROI of my real money, then had to withdraw everything to pay for emergency expenses.
Now, I want to try a new, more simple and professional system, using stop loss. But I need to test it first with demo to see if it's feasible. Demo account feels almost the same as live account because I focus on percentage gains instead of $$ amounts. The more consistent my gains are, then the more confident I will feel doing the same thing with live $$.
I expect to only invest a total of $1,000 in 3 installments, depending on my progress, then start withdrawing a portion of the profit, while compounding the rest.
You cannot fail if you never give up.
  • #821,608
  • Apr 15, 2024 6:25am Apr 15, 2024 6:25am
Few years back this pair used to move. Hard to believe its hard to see a 10 pip move over the London session these days somedays!!!
Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
  • #821,609
  • Apr 15, 2024 6:34am Apr 15, 2024 6:34am
Decent dip, maybe went up too much too quickly. If the US data is weak later today we could see an attempt at 12510-30
Insane in the Brain..
  • #821,610
  • Apr 15, 2024 6:36am Apr 15, 2024 6:36am
GOLD

Long set up
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #821,611
  • Apr 15, 2024 6:39am Apr 15, 2024 6:39am
Quoting Zebi
{quote} well I'm out ofthese bad GU longs with just a couple pip loss ...cancelled the orders too now ill just look for shorts instead of screwing around with countertrend longs
Rocket science.
  • #821,612
  • Apr 15, 2024 6:40am Apr 15, 2024 6:40am
Quoting Iansco
Few years back this pair used to move. Hard to believe its hard to see a 10 pip move over the London session these days somedays!!!

Yes before the GFC there would be a 100 pip move every other day but post GFC there just wasn't the money around IMO
Don't Leave Money on the Table
  • #821,613
  • Apr 15, 2024 6:40am Apr 15, 2024 6:40am
Quoting Iansco
Few years back this pair used to move. Hard to believe its hard to see a 10 pip move over the London session these days somedays!!!
bots are taking over the markets so movements are precise and calculated more than ever trying to trick traders and provide more liquidity to the markets
  • #821,614
  • Apr 15, 2024 6:41am Apr 15, 2024 6:41am
Quoting Pat Chiko
GOLD Long set up{image}
love that move
  • #821,615
  • Apr 15, 2024 6:43am Apr 15, 2024 6:43am
Although there is talk of lower figures just be careful, if green could cause GU and EU to spike down if your going long here....
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Don't Leave Money on the Table
  • #821,616
  • Apr 15, 2024 6:44am Apr 15, 2024 6:44am
Quoting HaLBot
Although there is talk of lower figures just be careful, if green could cause GU and EU to spike down if your going long here.... {image}
gonna pull my long before news or if my 20 pip take profit is hit
stopped out had a tight stop loss
  • #821,617
  • Apr 15, 2024 6:47am Apr 15, 2024 6:47am
i got a feeling retail sales will miss...just my guess so lets see if comes thru

tho after kneejerk reaction to trap bulls price will still keep going down since weekly and monthly and quarterly are all bearish charts
short trump and go long the deepstate
  • #821,618
  • Apr 15, 2024 6:48am Apr 15, 2024 6:48am
UJ

Short set up ABC
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #821,619
  • Edited 7:07am Apr 15, 2024 6:49am | Edited 7:07am
Gu reverses slowly.
h1 now 1.24515.
if gu goes now to 1.25. it goes down again. if it goes to 1.24500 now,this is W, and this is trend up. If i understand right.
  • #821,620
  • Apr 15, 2024 7:06am Apr 15, 2024 7:06am
Quoting GOR
Morning key levels- 2458/2473/2496 as long as DXY is below 106
Sorry it took a while for the post to go up)
'In the clearing stands a boxer And a fighter by his trade..'
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