Cable Update (GBPUSD)

Quoting MoneyPrinte

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United Kingdom Economic Analysis – February 2025 The UK economy is showing clear signs of weakness, with growth stagnating, inflation remaining stubborn, and business and consumer confidence deteriorating. GDP growth was flat at 0.0% in Q3 2024, down from 0.4% previously, confirming a lack of recovery momentum. Although annual GDP growth improved slightly to 0.9%, it remains dangerously close to recession territory. The labor market is also struggling, as unemployment rose to 4.4%, signaling that Bank of England (BoE) rate cuts have failed to stimulate...

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Quoting RoelsMajor

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{quote} Very impressive. -91.86% drawdown and -71.86% drawdown in 1000 simulations. What if it's only, for example, 67 simulations (67 trades), max 3% a day, or 3 trades? Lel

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Quoting W0lfram

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{quote} ¯\_(ツ)_/¯ DD takes the worst equity curve One of those that goes deep from initial values but then grows, so these very high% actually from $100

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Quoting RoelsMajor

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{quote} I have one indicator called wisdom, which might be correct. I want to know the amount of M2 money supply in circulation, presented in a table for GBP and USD overall for the last 4 months, indicating which one shows inflation and which one shows deflation. Hello Deepsek or Chat-GPT with reasoning: (Some Deviation) Note: The data above is illustrative, based on the latest available figures from Trading Economics. For official and more detailed data, please refer to the respective central banks' reports. Or we can look at the TradingView data...

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Quoting Zebi

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a close over that boe candle is bullish but a close above yesterday's open at 2475 on a day like a rejection of the boe rate cut is extremely bullish but I'm holding a full boat of longs so ill only add from momentum when price breakouts of that invH+S neckline I posted yesterday or day before my TDS sense keeps tingling stronger the more stupid shit trump says about gaza and tariffs so keep shorting the dollar {image}

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Quoting W0lfram

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{quote} I've used old template, forgot to fix days to trades. This was done for 1000 trades due to simplicity and, I would say, this is the correct way to state the problem in this case - bc of -4.761%. You have constant, desired outcome for a day - there is nothing to model -- initial_$*1.05^n So think of it as, equity of size S will be achieved after n trades with given probability values. How these trades distributed in time Literally, it could be any. I don't feel I'm ready to write a nested Monte Carlo simulations for a post...

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Quoting MoneyPrinte

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United Kingdom Economic Analysis – February 2025 The UK economy is showing clear signs of weakness, with growth stagnating, inflation remaining stubborn, and business and consumer confidence deteriorating. GDP growth was flat at 0.0% in Q3 2024, down from 0.4% previously, confirming a lack of recovery momentum. Although annual GDP growth improved slightly to 0.9%, it remains dangerously close to recession territory. The labor market is also struggling, as unemployment rose to 4.4%, signaling that Bank of England (BoE) rate cuts have failed to stimulate...

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Quoting TooSlow

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{quote} "It's not what happens to you, but how you react to it that matters.". This emphasizes the idea that we cannot control external events, but we can control our reactions to them, which is the core principle of Stoic philosophy.

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Quoting Forgediron

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Bear market has a fine grip {image}

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Quoting MoneyPrinte

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United Kingdom Economic Analysis – February 2025 The UK economy is showing clear signs of weakness, with growth stagnating, inflation remaining stubborn, and business and consumer confidence deteriorating. GDP growth was flat at 0.0% in Q3 2024, down from 0.4% previously, confirming a lack of recovery momentum. Although annual GDP growth improved slightly to 0.9%, it remains dangerously close to recession territory. The labor market is also struggling, as unemployment rose to 4.4%, signaling that Bank of England (BoE) rate cuts have failed to stimulate...

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Quoting Abeylyn

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{quote} MoneyPrinte! you are invited to (GBP/USD UPDATE)Billionaire's Club Forum. Your contributions using fundamental analysis is invaluable. Thanks.

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Quoting Zebi

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{quote} what I meant is hedging is stupid because DD's can be huge compared to the rewards for europeans like today's NFP realtime example this is just an illustrative example and it doesn't take into account where a tp was placed so lets not all go crazy LOL and yes its possible to hedge in USA in a half-assed way by opening an account with a different broker which doesn't help much or opening a sub account with the same broker but the problem is ones margin gets tied up and which one cant use to trade anything else...before the financial crisis...

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Quoting Waveskierrob

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{quote} There are many ways to hedge, the example that Zebi has posted is not the right way, obviously he's got this out of some book and has never hedged himself (self admitted that he does not hedge) this is the reason I tell others to think and try out for themselves, just because he hasn't acquired the skills does mean no one else can, my last 30 days of trading most of it while holding down a full time job...{image} {image} {image} {image} ...and you know the best part very little downdraw, Zebi stop reading how others trade and trade for yourself......

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Quoting Abeylyn

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{quote} This is great! Congratulations... Thank goodness that the thread is sanitized because I was doing these before some guys ganged up to demand for my head on the ground that No Trader can be Successful.... Nice steps bro.

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