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Cable Update (GBPUSD)

  • #854,221
  • Feb 16, 2025 1:59am Feb 16, 2025 1:59am
I am ready to trade-in Gold. but suggest me when market open on which time frame is best for analysese
  • #854,222
  • Feb 16, 2025 2:08am Feb 16, 2025 2:08am
Why is Fardeen still suspended...
  • #854,223
  • Feb 16, 2025 2:42am Feb 16, 2025 2:42am
Quoting RoelsMajor
{quote} Yes, Indonesia's democratic system is indeed flawed, and I’m not comparing it to others. As you said, each country has its own context. Since the Reform era in Indonesia, power has been separated, and the military is no longer allowed to interfere in politics—though retired military personnel are permitted to enter politics. The military here once held significant influence, historically to counter communism. The first president was aligned with Russia and China, while the second president was a CIA ally. Communism here was seen as sidelining...
I love your apt way of describing things. And I suspect you are conservative in your values. Keep it up.
  • #854,224
  • Feb 16, 2025 5:24am Feb 16, 2025 5:24am
Quoting Zebi
{quote} .l..which is verboten in ours
A single German word in the middle of the text out of nowhere? Careful. It will try to break grammar and word order
You can soon anfangen Denglish zu sprechen
Air force
  • #854,225
  • Edited Feb 17, 2025 4:49am Feb 16, 2025 5:58am | Edited Feb 17, 2025 4:49am
...there was a discussion here recently that resulted in me re-posting the excellent late Mark Douglas's 4 Fundamental Truths of Trading & his 7 Principles of Consistency re trading. It lead me to think about the essential and unequivocal truths about any market/trading instrument we must accept before trading it, and so have come up with my own Fundamental Truths in this respect. They are replicated below.


7 Fundamental Truths about any financial market/trading instrument;

1. The market is never wrong. At any point in time it is the prevailing net will of all buyers and sellers involved in it at that point in time.

2. The market doesn’t know you exist. Although it can be a dangerous place, it means you no harm. It is not personal.

3. The market doesn’t care what you think, feel, or expect.

4. The market is in a constant quest for balance/equilibrium.

5. Re 4. above, When the market is rising it is looking for sellers to fill the imbalance of demand over supply. Conversely, when the market is falling it is looking for buyers to fill the imbalance of supply over demand.

6. The market will hunt your stops, but again, it’s nothing personal, it’s just looking for liquidity.

7. The market acts as an efficient mechanism to transfer wealth from those without an edge, and/or the discipline/psychology to trade it profitably -to- those with both.

EDIT: corrected typos
Trader with an Edge.
  • #854,226
  • Feb 16, 2025 6:08am Feb 16, 2025 6:08am
Quoting Headland
...there was a discussion here recently that resulted in me re-posting the excellent late Mark Douglas's 4 Fundamental Truths of Trading & his 7 Principles of Consistency re trading. It lead me to think about the essential and unequivocal truths about any market/trading instrument we must accept before trading it, and so have come up with my own Fundamental Truths in this respect. They are replicated below. 7 Fundamental truths about any market/trading instrument; 1. The market is never wrong. At any point in time it is the prevailing net will of...
"Post of the week" won by a lengths...

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  • #854,227
  • Feb 16, 2025 6:57am Feb 16, 2025 6:57am
Quoting Waveskierrob
{quote} ....yea but it's Bones...
Fuck me Waveski, let it go. Enough already. Don't like Bones or Wavegarrick, ignore them.
  • #854,228
  • Feb 16, 2025 7:00am Feb 16, 2025 7:00am
Quoting mallee
{quote} Fuck me Waveski, let it go. Enough already. Don't like Bones or Wavegarrick, ignore them.
Nahhh...
  • #854,229
  • Feb 16, 2025 7:02am Feb 16, 2025 7:02am
Quoting mallee
{quote} Jesus wept, how is this piece of filth still a member?
Just ignore him...
  • #854,230
  • Feb 16, 2025 7:05am Feb 16, 2025 7:05am
Quoting Waveskierrob
{quote} Just ignore him...
Touche
  • #854,231
  • Feb 16, 2025 7:46am Feb 16, 2025 7:46am
Quoting Waveskierrob
{quote} it looks bad because I closed all my underwater trades at the end of the week but close all my profitable ones during the the week....
Waveski, I checked your GU trades before I posted my replay on Friday. There is the chance on 4H TF that GU can retrace more to the 1.2542-1.2504 zone but this is a theory, the market will do what it wants. I don't hold losing trades bigger than my average daily profits calculated from the prior month b/c I don't want to make up for the losing trade forever. Imagine being 3800 pips in the DD. A very good trader can make 60 pips daily (ATR(14)= 110 pips) during 2 trading sessions, so you would fight back to get at BE for 3 months, at least. Sure, that kind of DD would give you the right to come to this thread to lecture people about managing small accounts. Are you here for it? I doubt.
In my book, you made the right decision and the fact that you have enough margin to stay in this trade for a long time won't change my opinion.
Always trade your own plan...I don't provide trading signals.
  • #854,232
  • Feb 16, 2025 8:10am Feb 16, 2025 8:10am
Quoting Coreg2004
{quote} Waveski, I checked your GU trades before I posted my replay on Friday. There is the chance on 4H TF that GU can retrace more to the 1.2542-1.2504 zone but this is a theory, the market will do what it wants. I don't hold losing trades bigger than my average daily profits calculated from the prior month b/c I don't want to make up for the losing trade forever. Imagine being 3800 pips in the DD. A very good trader can make 60 pips daily (ATR(14)= 110 pips) during 2 trading sessions, so you would fight back to get at BE for 3 months, at least....
I'm of the same thought, even if the GU drops on Sunday night and those underwater would be in profit, I've still think I've made the best choice, I may have lost a battle but I'm winning the war, I still find it hard to close negative trades, "repetition is the mother of all skill", I'll get use to it....
  • #854,233
  • Feb 16, 2025 9:02am Feb 16, 2025 9:02am
im gona take a nap later in the day gentlemen so I can stay up for london open and be here with all of you since I think that will have the most movement since all US markets closed except for globex for presidents day
short trump and go long the deepstate
  • #854,234
  • Edited 9:41am Feb 16, 2025 9:17am | Edited 9:41am
“We’re even looking at Treasuries,” the president told reporters. “There could be a problem … It could be that a lot of those things don’t count. In other words, that some of that stuff that we’re finding is very fraudulent, therefore maybe we have less debt than we thought.”
The suggestion was that opening up the US Treasury’s data to Elon Musk’s “department of government efficiency” team had identified a money-saving wheeze: why not walk away from some of America’s debt obligations – a “selective default”, as economists call it.
https://www.theguardian.com/business...hreat-is-worse


see bones ...the stable genius will fix this too so stop worrying

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short trump and go long the deepstate
  • #854,235
  • Feb 16, 2025 9:30am Feb 16, 2025 9:30am
wheres halbot...i want to ask him how happy he is now about trumps victory since Australia gona get in the piehole now LOL
short trump and go long the deepstate
  • #854,236
  • Feb 16, 2025 9:57am Feb 16, 2025 9:57am
Quoting Waveskierrob
Why is Fardeen still suspended...

hes proud of the suspension so may not want to come back
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short trump and go long the deepstate
  • #854,237
  • Feb 16, 2025 10:05am Feb 16, 2025 10:05am
Quoting Zebi
{quote} hes proud of the suspension so may not want to come back {image}
fartdeen got exploded butt
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Air force
  • #854,238
  • Feb 16, 2025 10:12am Feb 16, 2025 10:12am
Quoting Waveskierrob
Why is Fardeen still suspended...
Hurry on back Fardeen , you're one of the best...
  • #854,239
  • Feb 16, 2025 10:16am Feb 16, 2025 10:16am
Quoting mallee
{quote} Fuck me Waveski, let it go. Enough already. Don't like Bones or Wavegarrick, ignore them.
I couldn't agree with you more Mallee. I have not looked at his or his friends posts for many months now. He must get a life and move on.
Have a great week.
Cheers.
Trade to trade another day
  • #854,240
  • Feb 16, 2025 10:21am Feb 16, 2025 10:21am
Quoting Wavegarrick
{quote} I couldn't agree with you more Mallee. I have not looked at his or his friends posts for many months now. He must get a life and move on. Have a great week. Cheers.
Good one Leon...
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