Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Why is GBPUSD called cable? 76 replies

Cable Update - Continued 102 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Cable Update (GBP/USD) without Idiots 23 replies

cable short for gbpusd? 6 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

Quoting Whatevs
154.8 is critical.

you talked me into going short UJ so whens the intervention gona start?

in America we put pics of missing children on milk cartons so should I start distributing these to more places?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-04-16 191220.png Size: 181 KB
Kamala/Walz pulling away for the win
The move up is stalling could be an indication of a move down. Break above 12470 for a continuation up and a break below 12430 for the lower areas
Insane in the Brain..
Quoting Zebi
{quote} you talked me into going short UJ so whens the intervention gona start? in America we put pics of missing children on milk cartons so should I start distributing these to more places? {image}

I forgot to post I put in a sell stop on UJ before I went to bed incase suzuki called kawazaki and he called honda and all the motorcycles started the drop
I'm not adding anymore shorts just will get swept in short hopefully with the sell stop


so my sell stop at 154.30

my average at 153.88

and my first tp at 151.92
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-04-16 223211.png Size: 11 KB
Kamala/Walz pulling away for the win
Quoting birdland
{quote} thank you!... i got already stopped out with a tiny profit {image}
trying it again, but now long
Attached Image (click to enlarge)
Click to Enlarge Name: gfu.PNG Size: 17 KB
trading is like dancing, don't think and just listen to the music!
Quoting Pat Chiko
{quote} GU update scalping position @NYO{image}
GU

Update scalping position.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 043.jpg Size: 168 KB


NOTE:
This is not signal service.
Do not follow this trade set up as it only my newbie guessing of the trade.
I always got it wrong 99.9% of the time.
My trade base on luck.
I come from the future.
Quoting sharingan9
{quote} Same setup like clock work. I drag my stops as price moves in the direction of value(the shared perception of value between buyers and sellers). {image} {image} Pure auction theory. Trading value not price
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADsame.png Size: 21 KB


USDCAD target of daily S1 reached and now we drag stops. Same setup. Clockwork...
Quoting birdland
{quote} trying it again, but now long {image}
well...
Attached Image (click to enlarge)
Click to Enlarge Name: gfu.PNG Size: 18 KB
trading is like dancing, don't think and just listen to the music!
Quoting birdland
{quote} well... {image}

Bit unexpected for NY session, at the beginning thought we were heading straight up, maybe a bit later
We need a Quantum leap in understanding here
Quoting Zebi
{quote} I forgot to post I put in a sell stop on UJ before I went to bed incase suzuki called kawazaki and he called honda and all the motorcycles started the drop I'm not adding anymore shorts just will get swept in short hopefully with the sell stop so my sell stop at 154.30 my average at 153.88 and my first tp at 151.92 {image}
Intervention should hit 149.000.
Quoting Zebi
{quote} you talked me into going short UJ so whens the intervention gona start? in America we put pics of missing children on milk cartons so should I start distributing these to more places? {image}
USD/JPY is soon at the price mentioned. It's going up slowly as hell, but it's going.
Quoting Whatevs
{quote} I think 160 is way too optimistic. Japan just blitzed the moves at 154.35 and 154.65... In my opinion, it's likely USD/JPY won't even hit 155.
200 is the floor
Quoting Jolita
{quote} 200 is the floor
USD/JPY 200?
Quoting Wavegarrick
{quote}{quote} {quote} It will also take you a few seconds to lose 100 bucks, if you do not know what you're doing. Trade big until you have something proven, and after so many years, I still haven't come across the holy grail. To trade comfortably nowadays and make a decent living out of trading, you need to have a minimum of $100 000 dollars. I guess not in everyone's scope unless you have spare cash lying around and your daddy is stinking rich. Then again, who wants to trade big unless you have a proven system. This is the main reason why 95%...
In other words… the house will eventualy win?…
Is there any point to get in this trading bussiness unless you have meet the requirements you just mentioned?…
i follow your posts for about 2 years
meenwhile i made about $4k in 2020 and lost $25k since…
looks like i m not getting ahead with this and i was wondering if would be better to quit now instead of slowly bleed out time and money.
thanks…
Quoting suhas316
GBP/USD 4H {image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
!! Radha Radha !!
Quoting Fishbones
{quote} In other words… the house will eventualy win?… Is there any point to get in this trading bussiness unless you have meet the requirements you just mentioned?… i follow your posts for about 2 years meenwhile i made about $4k in 2020 and lost $25k since… looks like i m not getting ahead with this and i was wondering if would be better to quit now instead of slowly bleed out time and money. thanks…
The house will definitely win if you don't have a strategy that you constantly follow. The more you deviate, the more money you'll lose.

Find out the TF that you're comfortable with and stick with it.

For example, I can't stand watching the price move, because it's soul crushing and slow as hell if it isn't some of the High-Impact News.
Most of the time, it's slow and painful process until the price hits your SL or TP.

So, I mainly stick with the higher TF D1 (so I don't have to watch the chart, just take a look here and there).
I was testing it before and had a good success trading D1 TF only. (https://www.forexfactory.com/thread/...8-last-journal?)

STICK WITH THE SAME STRATEGY AND DON'T THINK! IF YOU GET A SIGNAL TO BUY, THEN YOU BUY AND IF YOU GET A SIGNAL TO SELL, THEN YOU SELL. ACT FIRST, THINK LATER (IF YOU WANT).

UNDERSTAND THE RISK (2% PER TRADE AND STICK WITH IT. THERE'S A REASON WHY IT'S 2% AND NOT 5%). THIS WILL KEEP YOU IN CHECK, SO YOU DON'T GET TEMPTED AND GO BERSERK AND RISK 20% OF THE BALANCE.

CONSISTENCY!

YOU NEED A GOOD SYSTEM AND A GOOD STRATEGY. IT'LL TAKE A WHILE UNTIL YOU FIGURE OUT BOTH.
Quoting Fishbones
{quote} In other words… the house will eventualy win?… Is there any point to get in this trading bussiness unless you have meet the requirements you just mentioned?… i follow your posts for about 2 years meenwhile i made about $4k in 2020 and lost $25k since… looks like i m not getting ahead with this and i was wondering if would be better to quit now instead of slowly bleed out time and money. thanks…

It's your time that's the biggest factor, spending a whole lot of time and losing at the same time is a killer.
I've just been looking at the work of Dan Pena and he says it's bloody hard to be a 'High Performance Individual' but if you want to succeed in forex that's what you need to become!!
discipline discipline discipline and razor sharp focus
Sorry Sydney can't spend time with you tonight, I got trades to put on
We need a Quantum leap in understanding here
T.P of GU buy 1.24622 price has reached so far 1.24621
We need a Quantum leap in understanding here
Quoting Fishbones
{quote} In other words… the house will eventualy win?… Is there any point to get in this trading bussiness unless you have meet the requirements you just mentioned?… i follow your posts for about 2 years meenwhile i made about $4k in 2020 and lost $25k since… looks like i m not getting ahead with this and i was wondering if would be better to quit now instead of slowly bleed out time and money. thanks…

trading especially forex trading on the internet is populated by dreamers,schemers,scammers, rascals and rogues all selling a get rich quick scheme LOL

if you asked the tens of thousands of FF members who made money last year and if they answered honestly only 1% prolly did

people make money one year trading and lose it the next LOL...happens to everyone including me too so a second source of income is important...why do you think so many traders sell books,courses or make youtube videos so they get paid by young dumb kids watching their shit

the only way to make money is do it the way warren buffwewt does on the stock market cause its rigged to always go up....when a individual company falters like walgreens has they get kicked out of the dow and replaced by amazon cause it holds back the index....so in America the only people that make money are the ones that buy a stock or a fund that trails the index and hold for 20-30 years in retirement accounts....but that's just paper profits till they take the money out to spend on their kids rehab from a drug addiction

people have so many vices ...trading is a lot like gambling so as long as you don't use too much leverage you can enjoy the thrill of a casino experience from your home

originally the stock market was a way for new companies to get money by selling their shares to people so they can expand operations but that's not how it works anymore...just look at DJT...everybody that bought that shit compqany losing money cause its all a grift now
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-04-16 115141.png Size: 16 KB
Kamala/Walz pulling away for the win
[quote=Zebi;14834595]{quote} trading especially forex trading on the internet is populated by dreamers,schemers,scammers, rascals and rogues all selling a get rich quick scheme

So true, and it's getting worse by the day.
52 traders viewing now, 4 are members:
jasonhingfx
,
anggapa
,
firsttimer
,
rahadian1