Cable Update (GBPUSD) | Page 42784 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #855,661
  • Mar 1, 2025 11:12pm Mar 1, 2025 11:12pm
Quoting Waveskierrob
{quote} Anyone can copy and paste, I was more after "your" actual real experience of hedging, how can you give advice on something if you havnt done it yourself, maybe you could have shown some examples but you've said that you don't use hedging, thanks for your reply as I now know your ( read somewhere ) understanding on this subject.

I said I did hedge and even bracketed decades ago before america banned going long and short in the same account... you're asking me to give examples of stuff I did 20-25 years ago when I started out and losing my accounts like every beginner LOL

there's a misunderstanding of the term "hedging" between us so ill just leave it at that

hope you get some newbies to your thread and don't get exasperated answering their questions while teaching them
short trump and go long the deepstate
  • #855,662
  • Mar 1, 2025 11:37pm Mar 1, 2025 11:37pm
Attached Image (click to enlarge)
Click to Enlarge Name: USDOLLARMonthly.png Size: 8 KB
Leave Israel alone and Palestine will be free
  • #855,663
  • Mar 1, 2025 11:38pm Mar 1, 2025 11:38pm
Bullish US$ set up for new high
Attached Image (click to enlarge)
Click to Enlarge Name: USDOLLARDaily.png Size: 10 KB
Leave Israel alone and Palestine will be free
  • #855,664
  • Mar 2, 2025 12:18am Mar 2, 2025 12:18am
Engulfing of the bullish variety
Attached Image (click to enlarge)
Click to Enlarge Name: USDOLLARWeekly.png Size: 7 KB

Attached Image (click to enlarge)
Click to Enlarge Name: bull.jpeg Size: 13 KB
Leave Israel alone and Palestine will be free
  • #855,665
  • Mar 2, 2025 2:47am Mar 2, 2025 2:47am
My pivot for March is 2513. I fully expect price to hit this number and maybe slightly below and then rocket up. I do not see price breaking below the low of February's candle. It can happen but I don't see it. I will sell towards 2513 and then look to buy there and hold for the entire March.
  • #855,666
  • Mar 2, 2025 7:51am Mar 2, 2025 7:51am
...In his books The Disciplined Trader and Trading in the Zone, the late Mark Douglas introduced his 4 Fundamental Truths about Trading. I have referred to these many times on this thread. These books were written many years ago, so I have 'updated' and added to these based on my own trading career/experience to date. They are below;

The 9 Fundamental Truths about trading any financial instrument/market.

1. Anything can happen.

2. You don’t need to know what is going to happen next to make money from trading.

3. You need a proven trading edge with a positive expectancy, (proven by you, not a third party, - over a representative sample [s] of instances on the t/f /horizon [s,] on the trading instrument [s,] and in the market conditions you intend to trade it in.) You also need to have developed the necessary personal psychology to trade your edge as it needs to be traded (ie per it’s rules,) to be net profitable over the given sample size that it is theoretically profitable over.

4. There is a random distribution between wins and losses for any given set of variables that define an edge. (Ie; we don't know which of our individual repeating set-ups that make up our edge will produce a win or gain on any given individual instance that it develops, - all we know is that over a pre-determined sample of instances it does, (based on historical precedent,) we will realise a gain, provided we trade the edge correctly.

5. You need to know the relevant/pertinent stats about your trading edge to ensure that you always know that it is performing within it’s known historical boundaries. These include win rate, and % chances of whatsoever consecutive losing runs of trades @ the win rate etc. Your risk profile to trade the edge should be optimised to the performance stats of it.

6. It is highly unlikely that you can make prediction your edge. This is not to say that you might not encounter luck using prediction, but over the longer-term, for consistent year-on-year profitability, you need to look for an analysis-based edge, technical or otherwise.

7. Market participants who say they know for a 100% certainty what will happen next to price are lying both to themselves, but worse than that, to others.

8. Trading is a very personal thing, there are few absolute rights and absolute wrongs, but you have to able to understand and deal with risk, and uncertainty.

9. There will almost certainly be a lead-time of whatsoever duration before any new participant becomes reliably and consistently profitable from their trading activity.
Trader with an Edge.
  • #855,667
  • Mar 2, 2025 8:26am Mar 2, 2025 8:26am
Quoting Headland
...In his books The Disciplined Trader and Trading in the Zone, the late Mark Douglas introduced his 4 Fundamental Truths about Trading. I have referred to these many times on this thread. These books were written many years ago, so I have 'updated' and added to these based on my own trading career/experience to date. They are below; The 9 Fundamental Truths about trading any financial instrument/market. 1. Anything can happen. 2. You don’t need to know what is going to happen next to make money from trading. 3. You need a proven trading edge with...
Mark Douglas nicked them off me....., great post as always, pity only a few will take notice and the ones that don't thanks for your money...
  • #855,668
  • Mar 2, 2025 9:28am Mar 2, 2025 9:28am
Quoting Headland
...In his books The Disciplined Trader and Trading in the Zone, the late Mark Douglas introduced his 4 Fundamental Truths about Trading. I have referred to these many times on this thread. These books were written many years ago, so I have 'updated' and added to these based on my own trading career/experience to date. They are below; The 9 Fundamental Truths about trading any financial instrument/market. 1. Anything can happen. 2. You don’t need to know what is going to happen next to make money from trading. 3. You need a proven trading edge with...
10. For the next 4 years, Trump will throw all 9 ingredients into a blender, and create his very own trading smoothy
  • #855,669
  • Mar 2, 2025 9:47am Mar 2, 2025 9:47am
Quoting Waveskierrob
{quote} ...another great example of jumping to conclusions which Zebi does all the time, just a little bit of advice, maybe asks question, rather thinking you know everything because you read it somewhere, try and think for yourself ....
Waveski, it seems to me that some people from Illinois like to lecture others about what doesn't work for them, it won't work for you, even if they didn't try or tried and failed, like the guy in the photo.
Attached Image (click to enlarge)
Click to Enlarge Name: RFK jr..jpeg Size: 68 KB
Always trade your own plan...I don't provide trading signals.
  • #855,670
  • Mar 2, 2025 10:53am Mar 2, 2025 10:53am
Quoting Coreg2004
{quote} Waveski, it seems to me that some people from Illinois like to lecture others about what doesn't work for them, it won't work for you, even if they didn't try or tried and failed, like the guy in the photo. {image}
Well he has his uses, you know every village has a village idiot, well same goes for threads...
Attached Image (click to enlarge)
Click to Enlarge Name: download - 2025-03-02T165239.017.jpg Size: 87 KB
  • #855,671
  • Mar 2, 2025 10:59am Mar 2, 2025 10:59am
Quoting Waveskierrob
{quote} Well he has his uses, you know every village has a village idiot, well same goes for threads... {image}

I see the two brothers by different fathers are still at it?

i thot we cleared up the wrong way you using the word hedging last night waveskibobski?

you're so butthurt you had to put me on ignore LOL.... you really shud grow up and stop acting like a kid that eats his boogers

Inserted Video




anyone want to bet me 50 buks waveskibobski eats his boogers like in the video?
short trump and go long the deepstate
  • #855,672
  • Mar 2, 2025 11:15am Mar 2, 2025 11:15am
Quoting Waveskierrob
{quote} Please O great one could you spare the time to explain how "Hedging" works as I keep losing money over and over again....
you asked me to comment on your "hedging" which I did ...i even provided an example of Thaoanh doing it but you're still too big a blockhead to be gracious in defeat

leave me on ignore since that seems to be your safespace and you can remove me when you become less of a snowflake
short trump and go long the deepstate
  • #855,673
  • Mar 2, 2025 11:49am Mar 2, 2025 11:49am
The way BTC is furiously rising over the weekend looks like there may be a gap up on opening.
  • #855,674
  • Mar 2, 2025 12:39pm Mar 2, 2025 12:39pm
Quoting Mitiblotch
The way BTC is furiously rising over the weekend looks like there may be a gap up on opening.
Over +10% increase in BTC today. Should give us huge gap up here. But what would be the reason for such rise?
  • #855,675
  • Mar 2, 2025 12:42pm Mar 2, 2025 12:42pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250302_191439_Chrome.jpg Size: 713 KB
People don't plan to lose. They lose because they don't plan.
  • #855,676
  • Mar 2, 2025 1:42pm Mar 2, 2025 1:42pm
Quoting ScalaFX
{image}
Bitcoin is also made by USA. For them probably easier to control who buys what
  • #855,677
  • Mar 2, 2025 2:27pm Mar 2, 2025 2:27pm
Wish all profitable week! Hope for nice gap up that I can short this baby
People don't plan to lose. They lose because they don't plan.
  • #855,678
  • Mar 2, 2025 2:38pm Mar 2, 2025 2:38pm
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 50 KB


I would love to see 1.25 50 . . . . . . .

  • #855,679
  • Mar 2, 2025 2:39pm Mar 2, 2025 2:39pm
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 58 KB


H.

  • #855,680
  • Mar 2, 2025 3:50pm Mar 2, 2025 3:50pm
The GBPUSD price action on the daily time frame is consolidating within a rising wedge (blue). Presently it is in a bearish mode as the price action retested the lower wedge trendline on Friday. It is also at the intersection of the trendline and an intra-day horizontal support. This may result in a bullish rejection of the area, at least in the short term. Nevertheless, the dominant technical structure is bearish.

I may be wrong. Trade safe and prosper.

KP


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 15 KB
Do your homework, follow the footprints of smart money
291 traders viewing now