Cable Update (GBPUSD)

Quoting W0lfram

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Buy @ 1.234 {image} POC from Nov'23 below

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Quoting MrFanciful

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If the pound cratered and gilt yields soared due to Labours policies, I can only assume the markets really don't like Trumps policies given the dollar is cratering and the bond yields have started rising again.

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Quoting Zebi

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{quote} {quote} ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- {quote} {quote} {quote} well that's the chronology of my longs and bullish bias the last 3 weeks i sat thru a 400 pip DD and just added some longs Monday night after that huge Monday candle so my average is 2373 which is just 10 pips from even LOLbut I didn't announce it in here so wont be bring it up again...ill add a long during NY session...

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Quoting teprewitt23

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{quote} ? 1.2340 couldn't make out your post?

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Quoting MrFanciful

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{quote} I think I'm quitting again. I'm about to break my £34,000 of losses now. Absolutely everything I've tried doesn't work. I go back to demo, using the same account type and market data as my live and I make profit. I go back to live and it's a dumpster fire. I have a strategy that works beautifully in a ranging market and another in a trending market. I never know which I should be using. All I want to do is make a few pips. 8 pips would do me but I can't even do that. I keep telling myself to wait for a high probability setup, but everything...

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Quoting ScalaFX

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long EU 0190, one more round, target 0600

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Quoting Zebi

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{quote} dollar gona go back to nov 5th election date I know I been saying that for a month LOL I sat thru a 400pip DD because I went long GU too early but now after averaging down this week I'm profitable I promised I wouldn't trash trump till his 100 day honeymoon is over but anyone that wanted him to run this country like his businesses forgot he bankrupted 7 companies I think I kept my promise since I didn't trash his actions the last 4 days

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Quoting Coreg2004

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{quote} Meathead, a.k.a. Wyckoff spring, you are the last person to tell us how to run the business... meanwhile, maybe this helps. {image} {image}

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Quoting MrFanciful

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{quote}It's like Waves said yesterday, the market can go in any direction at any time to any price. In other words it's totally random and therefore no set of rules will consistently work by definition. I'm a network engineer. I read in a book once that people from an engineering background make the worst traders because we need to know why things are behaving the way they are. Markets are based on subjectivity and emotion, not rules or systems. I can't wait for the collapse of the fiat currency system and the utter destruction...

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Quoting Coreg2004

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{quote} Meathead, a.k.a. Wyckoff spring, you are the last person to tell us how to run the business... meanwhile, maybe this helps. {image} {image}

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Quoting Zebi

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{quote}I say there's no place for mathematics in trading
if 95% of the people who lose their accounts trade the way the books and videos say to then the books and vids are full of shit.

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Quoting W0lfram

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{quote} Aren't they full of shit bc there are no math/stats/anything objective to back up 'rules' and a sheet of text they presenting?

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