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Cable Update (GBPUSD)

  • #826,921
  • May 24, 2024 11:38am May 24, 2024 11:38am
Quoting SmallGains
amazing they can run this crap currency up for 10 hours straight. I mean thats pretty mean machine they got going on.
reminds me of the saying....stairs stepping up elevator down...old stock market saying.
  • #826,922
  • May 24, 2024 11:45am May 24, 2024 11:45am
Quoting SmallGains
amazing they can run this crap currency up for 10 hours straight. I mean thats pretty mean machine they got going on.
Hi. yeh, it seems that the £ has learned a few tricks from the $, ie ignore weak Uk data earlier, and buy it anyway!
Regards
-----------------------------------------------------------------------------------------------------------------
...back @ desk updating charts.....101% of the 30day adr traveled now for today, but still only 50% of the 13week (1/4 year) awr this week, as trading time running out now on this last day of week. Likely then a bullish-bodied wkly and dly close later today? Like Bones says, time's running out (for the bears) to change this probability.

1hr below
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Trader with an Edge.
  • #826,923
  • May 24, 2024 11:49am May 24, 2024 11:49am
Quoting navk
{quote} s/o
Earlier shorts got stopped out.

The second one is good.

Recovered.

Quick.

I am out for the day
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Intraday only.
  • #826,924
  • May 24, 2024 11:50am May 24, 2024 11:50am
Quoting SmallGains
{quote} nope no sell program...these mofos just doing there bs i guess no rhyme or reason...
now hold ups a gosh darn min...soon as I say no sell program for the day it seems that sell program was started. Maybe the fat man behind the sell button was to hungry and left before pushing it. Got back and was like ahh crap double time lol.
  • #826,925
  • May 24, 2024 11:55am May 24, 2024 11:55am
believe it or not i joined topstep futures prop..

i know... i know after all the knocks I gave prop trading and prop traders I joined the unwashed hordes for 19 dollars.... that gave me a 50k futures prop account and been playing with it overnight during asia session the last couple days

thing is I had to drop down in timeframes and scalp since you have to be flat at 3 pm or you get closed out so 90% of these trades were taken on 5min charts....i still will never even look at a 1 minute chart LOL

I'm gonna teach my gf so she can stop being a pharma rep and stop pushing overpriced drugs on unsuspecting people... ill miss the dinners and conferences she and her team set up in swanky hotels since I like the food and I like looking down on all the doctors that are still in debt since they haven't payed back their student loans or are being sued for malpractice LOL

here's my two day stats
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short trump and go long the deepstate
  • #826,926
  • May 24, 2024 11:57am May 24, 2024 11:57am
Quoting Zebi2
believe it or not i joined topstep futures prop.. i know... i know after all the knocks I gave prop trading and prop traders I joined the unwashed hordes for 19 dollars.... that gave me a 50k futures prop account and been playing with it overnight during asia session the last couple days thing is I had to drop down in timeframes and scalp since you have to be flat at 3 pm or you get closed out so 90% of these trades were taken on 5min charts....i still will never even look at a 1 minute chart LOL I'm gonna teach my gf so she can stop being...

im using my same strategy I do on 4H and hire timeframes on the 5 min, chart


I'm treating this evaluation as a real account so I'm not yoloing and having to buy 20 or 50 challenges to pass LOL
we'll see if a conservative strategy will be cheaper to get funded instead of doing stupid shit and having to keep buying more and more challenges....I'm gonna try to pass on my first attempt for 19 dollars LOL
short trump and go long the deepstate
  • #826,927
  • May 24, 2024 12:09pm May 24, 2024 12:09pm
Quoting navk
{quote} Earlier shorts got stopped out. The second one is good. Recovered. Quick. I am out for the day {image}
Had it been other days, I would not not set stop.
Intraday only.
  • #826,928
  • May 24, 2024 1:11pm May 24, 2024 1:11pm
Quoting Zebi2
believe it or not i joined topstep futures prop.. i know... i know after all the knocks I gave prop trading and prop traders I joined the unwashed hordes for 19 dollars.... that gave me a 50k futures prop account and been playing with it overnight during asia session the last couple days thing is I had to drop down in timeframes and scalp since you have to be flat at 3 pm or you get closed out so 90% of these trades were taken on 5min charts....i still will never even look at a 1 minute chart LOL I'm gonna teach my gf so she can stop being...
People don't plan to lose. They lose because they don't plan.
  • #826,929
  • May 24, 2024 1:14pm May 24, 2024 1:14pm
Looks like a lot of sell orders are in. Monday day off could see a strange up and then down. Also being a bank holiday we might see wider spreads too
Insane in the Brain..
  • #826,930
  • May 24, 2024 1:17pm May 24, 2024 1:17pm
Quoting BeeTogether
Looks like a lot of sell orders are in. Monday day off could see a strange up and then down. Also being a bank holiday we might see wider spreads too
How can you tell that sell orders are in? Seems to me the more sellers the higher this thing goes. People are talking about 1.28 something for gbp but once it hits that what's to say it stops there if sellers keep selling it doesn't seem to be a good thing.
  • #826,931
  • May 24, 2024 1:19pm May 24, 2024 1:19pm
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E. and BP - 5' -----Approaching exit point-level , soon . Lifted SLs accordingly..............

  • #826,932
  • May 24, 2024 1:20pm May 24, 2024 1:20pm
Quoting SmallGains
{quote} How can you tell that sell orders are in? Seems to me the more sellers the higher this thing goes. People are talking about 1.28 something for gbp but once it hits that what's to say it stops there if sellers keep selling it doesn't seem to be a good thing.
I mean today on hourly it's almost over 10 straight hours of nothing but market maker buys.
  • #826,933
  • May 24, 2024 1:23pm May 24, 2024 1:23pm
Quoting SmallGains
{quote} How can you tell that sell orders are in? Seems to me the more sellers the higher this thing goes.
you can’t but as the UK and US are off on Monday bad UK data and good US data the drop didn’t happen. There is some manipulation in place with orders looking possible
Insane in the Brain..
  • #826,934
  • May 24, 2024 1:33pm May 24, 2024 1:33pm
Quoting BeeTogether
{quote} you can’t but as the UK and US are off on Monday bad UK data and good US data the drop didn’t happen. There is some manipulation in place with orders looking possible
I dont know. I'm confused at what some of news means googles only so good. I would have thought gbp would have gone down after it filled it's gap but I guess smart money likes it better today then the usd. Or the usd is really just a crap currency.

Seriously just considering going opposite of whatever myfxbook says sentiment is.
  • #826,935
  • May 24, 2024 1:36pm May 24, 2024 1:36pm
Quoting SmallGains
{quote} How can you tell that sell orders are in? Seems to me the more sellers the higher this thing goes. People are talking about 1.28 something for gbp but once it hits that what's to say it stops there if sellers keep selling it doesn't seem to be a good thing.

its a holiday weekend so nobody of consequence in the financial world is working today....i think I heard the volume on our markets is off by 40% today

price will come crashing down sunday or tuesday since its just us pissant retail traders sitting in front of our computers today LOL

if you want to see idiocy in here read this chat around thanksgiving and Christmas LOL...you'll pick out some people you can fade

don't fall for the trap today is a bullish indicator
short trump and go long the deepstate
  • #826,936
  • May 24, 2024 1:42pm May 24, 2024 1:42pm
Quoting SmallGains
{quote} I dont know. I'm confused at what some of news means googles only so good. I would have thought gbp would have gone down after it filled it's gap but I guess smart money likes it better today then the usd. Or the usd is really just a crap currency. Seriously just considering going opposite of whatever myfxbook says sentiment is.

Bro.... Read my last post on the EUR/USD Thread.... kinda just spoke about what you said.
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #826,937
  • May 24, 2024 1:53pm May 24, 2024 1:53pm
Quoting Zebi2
{quote} its a holiday weekend so nobody of consequence in the financial world is working today....i think I heard the volume on our markets is off by 40% today price will come crashing down sunday or tuesday since its just us pissant retail traders sitting in front of our computers today LOL if you want to see idiocy in here read this chat around thanksgiving and Christmas LOL...you'll pick out some people you can fade don't fall for the trap today is a bullish indicator
Lol I haven't found 1 indicator that works in any capacity of its design. So there is a trap set and it's 50/50 you get bamboozled out of your money
  • #826,938
  • May 24, 2024 3:09pm May 24, 2024 3:09pm
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #826,939
  • Edited 4:10pm May 24, 2024 3:25pm | Edited 4:10pm
Short @ 1.274, leaving it for a month
tp ~ 1.26. High DD is ok (opportunity to add more orders)
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