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Cable Update (GBPUSD)

  • #842,181
  • Oct 17, 2024 1:29am Oct 17, 2024 1:29am
Quoting Whale
{quote} 1. thanks. 2. I have no questions, i don't try to figure out the market, because i can't. 3. Losing is a part of it and i dont get emotional about it. 4. The only way to win it is by risk management, the PA and the rest is just a way to understand the risk. 5. And yes i will probably finish this year on the losers side, but not on the suckers side.
Dont worry, even Bill Ackman took a heavy toll this year.
More time in the market, does not mean you trade better!
  • #842,182
  • Oct 17, 2024 1:32am Oct 17, 2024 1:32am
Quoting Fardeen1209
{quote} Dont worry, even Bill Ackman took a heavy toll this year.
Gold is a different story this year,
I had to lose a lot of money to learn an expensive lesson, and i hope i get the lesson.
  • #842,183
  • Oct 17, 2024 1:39am Oct 17, 2024 1:39am
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The market hides a perfect geometry.
  • #842,184
  • Oct 17, 2024 1:46am Oct 17, 2024 1:46am
Quoting Whale
{quote} Gold is a different story this year, I had to lose a lot of money to learn an expensive lesson, and i hope i get the lesson.

If your losing quite a lot of money trading it's because you have a gambling mind controlling your actions and the way to overcome the gambling mind it to starve it of attention by using strict money management.
I know a close friend of mine who was afflicted by the gambling mind
Don't Leave Money on the Table
  • #842,185
  • Oct 17, 2024 1:51am Oct 17, 2024 1:51am
Quoting FulMargnAlch
{image}
Manual TP. Range is tight
The market hides a perfect geometry.
  • #842,186
  • Oct 17, 2024 1:53am Oct 17, 2024 1:53am
Quoting HaLBot
{quote} If your losing quite a lot of money trading it's because you have a gambling mind controlling your actions and the way to overcome the gambling mind it to starve it of attention by using strict money management. I know a close friend of mine who was afflicted by the gambling mind
all i do is the manage the risk..
trust me sometimes, you still end up with a big loss.
  • #842,187
  • Oct 17, 2024 1:55am Oct 17, 2024 1:55am
I'm busy, so going to miss the next episode of FF Fight club, but I'm sure some others in here won't.
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Compulsions can be hard to resist
  • #842,188
  • Oct 17, 2024 1:56am Oct 17, 2024 1:56am
Quoting Fardeen1209
{quote} You call GU daily structure bullish. You better stick to your ICT, and do what you do best.

in trading what you know is what you know and what you don’t know is yet to be discovered
MY OPINION NOT FINANCIAL ADVISE
  • #842,189
  • Oct 17, 2024 1:57am Oct 17, 2024 1:57am
Quoting trumps
I'm busy, so going to miss the next episode of FF Fight club, but I'm sure some others in here won't. {image}

Nah the fights over, nothing from here on in until tomorrow
Don't Leave Money on the Table
  • #842,190
  • Oct 17, 2024 2:01am Oct 17, 2024 2:01am
Morning all, so far 12990 rejecting let’s see if we can get over 13000 and have an area to short from. Some US data today and some Uk and US tomorrow. Next week is pretty quiet so it could just be trading PA and technicals
Insane in the Brain..
  • #842,191
  • Oct 17, 2024 2:03am Oct 17, 2024 2:03am
Quoting Whale
{quote} all i do is the manage the risk.. trust me sometimes, you still end up with a big loss.
What we all hope for is a nice equity curve and if that happens your set for life because you could go trades rich peoples accounts charging 50% or more of the profit
Something I might do in Dubai where the government aren't taking all your hard earned money but first need to get that equity curve real nice. If you sit down and crunch the numbers there are taxes on top of taxes on top of taxes ad infinitum....
Don't Leave Money on the Table
  • #842,192
  • Oct 17, 2024 2:05am Oct 17, 2024 2:05am
Quoting BeeTogether
Morning all, so far 12990 rejecting let’s see if we can get over 13000 and have an area to short from. Some US data today and some Uk and US tomorrow. Next week is pretty quiet so it could just be trading PA and technicals
If Euro rate is cut expect both Euro and cable to plunge

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Don't Leave Money on the Table
  • #842,193
  • Oct 17, 2024 2:07am Oct 17, 2024 2:07am
Quoting HaLBot
{quote} What we all hope for is a nice equity curve and if that happens your set for life because you could go trades rich peoples accounts charging 50% or more of the profit Something I might do in Dubai where the government aren't taking all your hard earned money. If you sit down and crunch the numbers there are taxes on top of taxes on top of taxes ad infinitum....
i hear ya! Taxation all the way
Insane in the Brain..
  • #842,194
  • Oct 17, 2024 2:08am Oct 17, 2024 2:08am
Quoting BeeTogether
{quote} i hear ya! Taxation all the way

Don't Leave Money on the Table
  • #842,195
  • Oct 17, 2024 2:08am Oct 17, 2024 2:08am
Quoting HaLBot
{quote} If Euro rate is cut expect both Euro and cable to plunge {image} {image}
although the drop not too much if it’s as expected
Insane in the Brain..
  • #842,196
  • Oct 17, 2024 2:11am Oct 17, 2024 2:11am
Euro 1.0853 and Cable 1.2978 buys

SLs in place
Don't Leave Money on the Table
  • #842,197
  • Oct 17, 2024 2:14am Oct 17, 2024 2:14am
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JY 5' --- My SL about to be hit .......

  • #842,198
  • Oct 17, 2024 2:15am Oct 17, 2024 2:15am
[quote=BeeTogether;15031279]Morning all, so far 12990 rejecting let’s see if we can get over 13000 and have an area to short from. Some US data today and some Uk and US tomorrow. Next week is pretty quiet so it could just be trading PA and technicals[/quote

Good morning there...

Looking at the position of 4 hr. trend Intraday Swing, price needs to pullback and going for a buy is not my own way.

Therefore to look for a Sell, need to stand aside to watch until fighters takes price to killing range.

It's a nice day for extra vigilant scalpers.

Have a nice pipping day friends and buddies.
Market Structure is the King.....
  • #842,199
  • Oct 17, 2024 2:20am Oct 17, 2024 2:20am
Buy 2980. TP 3050. SL in place.
  • #842,200
  • Oct 17, 2024 2:24am Oct 17, 2024 2:24am
Quoting trumps
I'm busy, so going to miss the next episode of FF Fight club, but I'm sure some others in here won't. {image}
I love how this thread is able to tear anyone apart, this is the real trading floor

I love you all!
You have to have an IQ higher than 90 to interact with this user.
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