You are absolutely right. I'd rather get 10% of something than 100% of nothing.

Cable Update (GBPUSD)

Yes. Corp tax was due to go down, but they have halted that and are planning an increase. The problem is there is no room for manoeuvre, UK is in a tight corner. debt due to go to £2.8tn. Tax revenue will be significantly down as lots of businesses ...

Cable Update (GBPUSD)

I'm in the UK and its fooked. Debt galore, spending out of control, significant tax rises soon. It's a zombie economy. But then all fiat currencies collapse in the end.

Cable Update (GBPUSD)

Yes agreed. Let battle commence and let's see where price goes...

Cable Update (GBPUSD)

If you have to babysit you are risking waaaaayyy too much. I put trades on and walk away relying on price alerts. I sleep very well at night and over weekends. Aim for consistency first. The rest is just rinse and repeat. Trading is rather boring ...

Cable Update (GBPUSD)

Yes. Swing trade. One direction. Average hold time 3 weeks. Example cable my total risk will be around 2% and reward will be around 10%. If it goes in my direction I add on pullbacks so could get to 15-20% account gain on this one trade. For me it’s ...

Cable Update (GBPUSD)

oh no. Not all produce 10-1. That’s a few trades a year. But those trades make the whole year. You don’t need too many trades like that to have a great year.

Cable Update (GBPUSD)

I trade probably 30-50 ideas a year. It's not about this week or next week. It's about where you are at the end of the year.

Cable Update (GBPUSD)

Since when did forex make sense

Cable Update (GBPUSD)

Exactly the opposite. I don't babysit at all. I plan my trades and I trade my plan. It's a very relaxed and satisfying way to trade. By building positions I can get 10-1 trade with a high win rate. All it requires is patience and discipline and know ...

Cable Update (GBPUSD)

Us swingers have large stops, it goes with the territory. As long as your risk is under control its all good. I'm short, will remain short. My plan works until it no longer does. Then I'll close and take the loss. Its the cost of trading.

Cable Update (GBPUSD)

I agree. All fiat currencies collapse in the end, its only a matter of time.

Cable Update (GBPUSD)

oh crap yeah not 100 pips lol

Cable Update (GBPUSD)

Don't forget I'm assuming Bones is using IG prices, not real market prices. I have it at a little under 1.34 too FXCM prices.

Cable Update (GBPUSD)

Just over 1k for me Davit. It was more probably than not ;-)

Cable Update (GBPUSD)

Anyone using my tradingview script, apologies I clicked the wrong button and deleted it instead of updating it! New update adds ADR and composite ADR and color choice for up and down. image url

Roadmap - A Way To Read Markets

IG set there own prices. It’s where they expect it to be. Nothing more.

Cable Update (GBPUSD)

One thing to take note of with my code is the RSI. I believe Laura's is "live" and repaints. Mine by default doesn't repaint and will only update on a new bar on the timeframe. If you prefer the repainting "live" RSI its in the settings.

Roadmap - A Way To Read Markets

Right-click the scale, and tick "Scale price chart only" ?

Roadmap - A Way To Read Markets

Try this url url (excuse the size and resolution, I'm on a 6k monitor with multiple charts) image

Roadmap - A Way To Read Markets