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Cable Update (GBPUSD)

  • #825,601
  • May 13, 2024 1:02pm May 13, 2024 1:02pm
Quoting Ferna
{quote} Yeap this what it is. Inherited cash and property proclaiming to be self-made and as talented as Jesse Livermore lol. What is worse is that he pretends to be a leftist socialist too. You can really tell this guy is full of it. Classic corporate scumbag.

listen you dummy...I've always said leverage is a killer...warren buffet uses less than 2:1 leverage and he's rich...playing with 100 or 500 leverage just means you're gonna lose your ass so much quicker before you "learn how to trade"

prop firms are the same...before USA killed MFF and now they're all bankrupting poor people kept losing their shirts...there guys that spent thousands in challenges with nothing to show for it...follow montygoldy...he's the only honest guy at the propfrirm hub and uses any payouts to buy more challenges which a percentage of which he fails so its an endless circle...he's like a hamster running in the wheel but not going anywhere...i subscribed to him at first but unsubscribed now cause he's got a gamblers mindset where he just keeps betting his winnings on more challenges instead of keeping that money

livermore,buffet and couple others made money from "trading"....everybody else like ICT GANN ELIOTT and even WYCKOFF even DOW made most of their money from selling books or videos in icts case LOL

so all those guys people try to learn from were just salesmen...even wyckoff had a brokerage he made money with LOL so he didn't write so many books

DOw had a newspaper which is the wall street journal


read these books you dipshit... there's 4 or 5...they're interviews with real traders not some dickheads that write books or make trading videos
and maybe in a few years if you last that long you may become successful in this racket

https://www.thriftbooks.com/w/market...dition=1225490

I like livermore cause he made and lost 3 fortunes trading
short trump and go long the deepstate
  • #825,602
  • May 13, 2024 2:01pm May 13, 2024 2:01pm
nubdick gang is broke! They can only trade with prop with his 200 dollar account, Hahaha
People don't plan to lose. They lose because they don't plan.
  • #825,603
  • May 13, 2024 2:09pm May 13, 2024 2:09pm
Quoting ScalaFX
Lets get back to trading, update on GU, we can easyly sell cable from the beginning of the week, I will be targeting 100 pips lower from now and will and some shorts when price will go up till 2550 on higher timeframes strukture remains bearish so dont fight them
all in plan, all positions opened, waiting for Tp at 2430-20 conditions are good
People don't plan to lose. They lose because they don't plan.
  • #825,604
  • May 13, 2024 2:23pm May 13, 2024 2:23pm
Quoting Ferna
{quote} Imagine being a shithead to own fellow americans as a ’nationalist’. Why would you make a broker your bank and not spread risk? Alot of corporate talking points coming from you guys, i doubt you are traders. I expect CME invitations within a year, or some shithead broker who charges huge commission and fees. Cause the other brokers/exchanges/props got outlawed. Again your dishonesty shines through, you trying to deflect basic knowledge and ridicule anyone that disagrees with your disinformation.
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  • #825,605
  • May 13, 2024 2:35pm May 13, 2024 2:35pm
Quoting Ferna
{quote} Imagine being a shithead to own fellow americans as a ’nationalist’. Why would you make a broker your bank and not spread risk? Alot of corporate talking points coming from you guys, i doubt you are traders. I expect CME invitations within a year, or some shithead broker who charges huge commission and fees. Cause the other brokers/exchanges/props got outlawed. Again your dishonesty shines through, you trying to deflect basic knowledge and ridicule anyone that disagrees with your disinformation.
you wonna check me? I already send you invitation. Say when we starting and lets do it only real money pussy
People don't plan to lose. They lose because they don't plan.
  • #825,606
  • May 13, 2024 2:36pm May 13, 2024 2:36pm
Quoting Zebi
{quote} GDS...there's no need to read all my posts ...when I encounter someone new or intrequing that has a red diamond on this site the first thing I do is look at their profile... years ago the fastest way to gain subscribers and popularity was start a bunch of worthless threads...maybe you've noticed guys that started 10-15-20 or even more threads cause then people subscribe to them so they know when a new post was made..those guys are what I call the facebook crowd...they just look for popularity..now days people subscribe to 2000...
Thank you! I really appreciate it the advice.
I read through Eelfranz posts on his TMS thread. I haven’t come across any of these other threads until now though so I’ll definitely read through them and see what I can learn from them/what resonates with me.
Yea, I’ve mostly been looking at your posts with images. It helps to tie in your charts with mindset/logic behind it. It’s been helpful.
Thank again for putting in the time for a thoughtful/helpful response.
  • #825,607
  • May 13, 2024 2:36pm May 13, 2024 2:36pm
We wouldn't ridicule you if it wasn't ridiculous.

ok you have a point on leverage and high margins. But that is not enough of a reason to justify prop firms or unregulated brokers. Even the highly regulated ones are wicked as hell.

I can give you loads of freedom and the tiniest margin requirements on a b-book business. It's up to my imagination at that point.

Anyways it's your money, eff around and find out. Even though i don't like guys like you, i would still feel sorry for your potential loss to scam businesses.

Well, maybe i am dumb that i empathise with everyone lol.

Just know that this is real advice, even though i have beef with your gang. I am being real since many people read this thread.
You have to have an IQ higher than 90 to interact with this user.
  • #825,608
  • May 13, 2024 2:44pm May 13, 2024 2:44pm
Quoting Ferna
{quote} Of course you have the option of adjusting position sizing. Lower leverage just means you are closer to a margin call and to give away your money to the broker(which takes on no risk, as they have no market exposure). And that you need to deposit a much larger amount of money with your broker, which often have a dodgy ToS. So more money is at risk with high margin requirements. This has nothing to do with gambling, and i think you know that. I find it dishonest and disrespectable of you to make your points by comparing Monty to Warren Buffett....
ferna...I'm glad you're so clueless cause that means you'll be out of here much sooner rather than later cause you're on the way to becoming roadkill LOL

On Wednesday, September 16, Soros leveraged the entire $1 billion value of his fund, and was able to take a $10 billion position against the pound. The $10 billion bet against them was the final blow, causing the government to announce a devaluation. All told, Soros made $2 billion in profits on the trade, tripling the value of his fund, at the expense of

so soros used 10:1 leverage to bring down a country and your dumb ass advocates poor people to use a 100 or more LOL...good luck with that ferna LOL

you shouldn't be trading money you cant afford to lose....read genuine7's posts at the prop hub ...i feel sorry for him cause he's a dope just like you ...
short trump and go long the deepstate
  • #825,609
  • May 13, 2024 3:47pm May 13, 2024 3:47pm
Quoting brokerbear
this will go sideways tomorrow and will spike next week
spiked alright. quiet tomorrow but big rally wed - thur !
  • #825,610
  • May 13, 2024 5:25pm May 13, 2024 5:25pm
GBPUSD LONG...

I posted a long term trade on GBPCHF its about 500 pips. If you took that trade congratulations
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My telegram: https://t.me/avidforex
  • #825,611
  • May 13, 2024 5:26pm May 13, 2024 5:26pm
Quoting brokerbear
{quote} spiked alright. quiet tomorrow but big rally wed - thur !
Greetings, my first response or participation here, coming to Forex Factory.
In reality, the cable is in a minor range of about 95 pips, and in a corrective movement of a minor bearish trend, which has been in place for 10 days, it is framed by the daily candle of Monday, April 29. Today (Monday the 13th), the daily candlestick closed above the 200 period SMA. And the price is above the 200 SMA on H4 and H1. I think it has a high chance of a new bullish candle for the day that has already begun (Tuesday the 14th). Still do not continue below 1.26, and at the top of the 95 pips range. For me there is a greater possibility of another bullish candle, although I am out of date with the economic news, I am only talking about technical analysis.
  • #825,612
  • May 13, 2024 5:49pm May 13, 2024 5:49pm
NZDCHF LONG
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My telegram: https://t.me/avidforex
  • #825,613
  • May 13, 2024 8:57pm May 13, 2024 8:57pm
Nzdcad long
202 pips
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My telegram: https://t.me/avidforex
  • #825,614
  • May 13, 2024 9:08pm May 13, 2024 9:08pm
I was told to sell high and buy low as a newbie... hahahahahaha!
but now I'm buying high and selling low.. I need you to understand that, a daily high could be a weekly low and a monthly high could be a 3 months low..
So highs and lows "is not applicable in trading"
My telegram: https://t.me/avidforex
  • #825,615
  • May 13, 2024 9:13pm May 13, 2024 9:13pm
Quoting BigNumbers
I was told to sell high and buy low as a newbie... hahahahahaha! but now I'm buying high and selling low.. I need you to understand that, a daily high could be a weekly low and a monthly high could be a 3 months low.. So highs and lows "is not applicable in trading"
That why for the NZDCAD call out? Looks beat down and still at a couple month low. Weekly also showing a higher low seems.
  • #825,616
  • May 13, 2024 9:44pm May 13, 2024 9:44pm
Quoting Pat Chiko
GU Scalping set up only{image}
GU

Another long set up.
Just my newbie view.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #825,617
  • May 13, 2024 10:20pm May 13, 2024 10:20pm
Quoting Pat Chiko
{quote} GU Another long set up. Just my newbie view.{image}

You very well may be correct. I hope it works out!!
  • #825,618
  • May 13, 2024 11:11pm May 13, 2024 11:11pm
Quoting BigNumbers
GBPUSD LONG... I posted a long term trade on GBPCHF its about 500 pips. If you took that trade congratulations {image}
you rock Big Numbers!!!
  • #825,619
  • May 13, 2024 11:18pm May 13, 2024 11:18pm
Quoting ninner
{quote} you rock Big Numbers!!!
I dunno about 500 pips but it's a good trade
  • #825,620
  • May 13, 2024 11:33pm May 13, 2024 11:33pm
Gold onto next target 2580?
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