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Cable Update (GBPUSD)

  • #451,761
  • Apr 6, 2017 3:55am Apr 6, 2017 3:55am
Quoting NMZee
{quote} Thank you cable, covered my short @ 2460.
Buyer @ 2459 with sl of 2447
  • #451,762
  • Apr 6, 2017 4:26am Apr 6, 2017 4:26am
Quoting NMZee
{quote} Buyer @ 2459 with sl of 2447
Hey guys, since its quiet here i though i ask something and i do realize its a rather silly query, but 1 wouldnt know if 1 dont ask.
On average how many pips a day trader should be looking for. Your opinion.
What is a reasonable monthly return FOR YOU.
Now i know all that, its different for diff traders and risk appetite and size of acct and strategy and etc etc etc. I need you to share with me what You think and not the above written rhetorics ☺. If you want to that is.
  • #451,763
  • Apr 6, 2017 4:37am Apr 6, 2017 4:37am
Hey NMZee, I look for 10-15 pips per day.
Compounded leverage means that it gets quite interesting.
  • #451,764
  • Apr 6, 2017 4:59am Apr 6, 2017 4:59am
Quoting behram
Hey NMZee, I look for 10-15 pips per day. Compounded leverage means that it gets quite interesting.
Thanks Behram, and the second part.? What kind of monthly % you aim for☺
  • #451,765
  • Apr 6, 2017 5:04am Apr 6, 2017 5:04am
The target is constantly changing because of increasing lot sizing based on a fixed %age of the account size. I aim for 20%.
  • #451,766
  • Apr 6, 2017 5:22am Apr 6, 2017 5:22am
Hi NM,

I aim for anything in the black and the blacker the better.
  • #451,767
  • Apr 6, 2017 5:33am Apr 6, 2017 5:33am
Quoting Nala66
Hi NM, I aim for anything in the black and the blacker the better.
Thanks for the reply. But honestly i dint get you. I am hoping to sort out my $#!* with the help of senior and seasoned traders here. But i guess not everyone is the sharing type.☺. Thanks never the less.
  • #451,768
  • Apr 6, 2017 5:36am Apr 6, 2017 5:36am
Quoting behram
The target is constantly changing because of increasing lot sizing based on a fixed %age of the account size. I aim for 20%.
Oooo Wow. That is next to great. But only if you are consistent. ☺
  • #451,769
  • Apr 6, 2017 5:39am Apr 6, 2017 5:39am
Yep it is.
  • #451,770
  • Apr 6, 2017 5:41am Apr 6, 2017 5:41am
another drama, for cable!

Inserted Video
  • #451,771
  • Apr 6, 2017 5:51am Apr 6, 2017 5:51am
Hi Everyone,

Is there any chance that Cable will move to 1.25000????
  • #451,772
  • Apr 6, 2017 5:53am Apr 6, 2017 5:53am
NM, it simply means be content with what the market gives you without setting targets.

Everyday is different and some days I just don't feel like trading at all.
  • #451,773
  • Apr 6, 2017 6:15am Apr 6, 2017 6:15am
Look left 2 valleys.

1.2068 I think is the zone to buy
Come with me if you want to live....
  • #451,774
  • Edited 8:22am Apr 6, 2017 7:54am | Edited 8:22am
Quoting Furqanyousaf
Hi Everyone, Is there any chance that Cable will move to 1.25000????
I think that will happen fairly soon.

I have a resistance at 2505 and another above it at 2563.

However the bulls need to put in a support first so this will take a few hours.

The 1 hr Flag takes it to 2527.

It all depends on that support happening

If this current bar is down then the bears have support...If it is up then the bulls still have a chance.
  • #451,775
  • Apr 6, 2017 8:27am Apr 6, 2017 8:27am
Wait and see
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_2394.JPG Size: 184 KB
#Trade what you see and not what your think
  • #451,776
  • Apr 6, 2017 9:01am Apr 6, 2017 9:01am
Quoting Ill-b-back
Look left 2 valleys. 1.2068 I think is the zone to buy
And 1.30x is the place to sell...??
  • #451,777
  • Apr 6, 2017 9:02am Apr 6, 2017 9:02am
Quoting Nala66
NM, it simply means be content with what the market gives you without setting targets. Everyday is different and some days I just don't feel like trading at all.
Cheers mate, its all good. ☺
  • #451,778
  • Apr 6, 2017 9:06am Apr 6, 2017 9:06am
Quoting Furqanyousaf
Hi Everyone, Is there any chance that Cable will move to 1.25000????
Furqaan saab,
Dont worry, it can go today. This hour next hour or next week. But it will go there. Dont take tension sir je.
  • #451,779
  • Apr 6, 2017 9:11am Apr 6, 2017 9:11am
Quoting Furqanyousaf
Hi Everyone, Is there any chance that Cable will move to 1.25000????
just check the daily chart . fontu
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 43 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #451,780
  • Apr 6, 2017 9:17am Apr 6, 2017 9:17am
I think it's saving the support level 2440 2435 area till nfp . Unless it hits 2540 first ???
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