I don't want to go into detail too much for myself but I can say one thing: the first $500 Dollar per month, STEADY making, is the hardest part. After that you get funded from all people you know of and your account value exceed $100000 Dollar very ...

How You Trade and Your Definition of a Profitable Trader

It is a bit funny that you also come to the conclusion that H4 is best, at least for the trigger of signal (entry can be on 15 minute or even 5 but within the H4 Signal). In the video the problem is the same I mentioned in my post about trend ...

The best TF for trading - and some goodies for these TFs

Thanks for reply. I think the reason why trend trading is profitable is a very tiny edge (as I said, 1:1.2 seems already to be enough) - but I can see on lots of profitable trend traders (like you obviously) that the amount of trades or better say, ...

Highs and lows of previous 4 months and 4 weeks

@BestTraderEv: Thanks for you input. I'm an old semi pro trader or better say 20Years+ (i'm not that old). I know all that stats and going with the trend, though, I never made really money with that kind of strategy. Don't get me wrong, I'm able to ...

Highs and lows of previous 4 months and 4 weeks

I just recap the last 28 hours for you all: First we had a fake downmove yesterday to 1.2640's area. Than we climbed up like no good to 1.2740´s area (was already a hint pros go very high risk). Than they tried to establish 1.2740's area which was ...

Cable Update (GBPUSD)

Sorry Bro. I'm not sure to go long one last time from here for retrace. Pros cleaned their long from last 24 hours run up but of course there is more selling Volume from Institutions on GBP/USD which also have to be ...

Cable Update (GBPUSD)

Paying debt's back... or better say: Taking new loans will get very expensive now. They hoped for lower rates to borrow more money cheap but that is gone and fuels more debts to us very fast which can lead into a collapse - if US-Dollar gets ...

Cable Update (GBPUSD)

As Expected, after London Rest of Volume from longs get sold off. Almost 1.2720's reached. Probably it will stall here. Chances of market gap down on Monday reduced now due to liquidation of longs from pros from 1.2640's area. They really took the ...

Cable Update (GBPUSD)

Well...finally reality comes in. Rate Cute bye bye. Told that for weeks now. Last numbers got a hint it could be stable now but today destroyed it.

Cable Update (GBPUSD)

London close coming in, retrace from them is acting as support currently. I wonder what will happen after london close. It will probably dump then. It's a pity, nice setups to trade long but it was too dangerous this time due to last 24 hours.

Cable Update (GBPUSD)

Due to Friday it COULD be (too early to say cause market is still open) that we see a gap into monday open downwards. Depends on level today. I think they have no chance anymore to sell their stuff this week for a better price (1.2700 area). If they ...

Cable Update (GBPUSD)

I just see USD/JPY boys join the buying party on USD. Poor GBP/USD long pros from yesterday. Even burned more money buying till 1.2670's to stabilize the market. Chances for sell-off climbing now. I think they have 20 pips left to selling fast from ...

Cable Update (GBPUSD)

I was really sure some already knew the numbers due to PA last 24 hours. Really stupid of them, risked too much. But may be it is sometimes like that, they also gamble from time to time. Big peace back to retailers today when I saw Ratio/LongShort ...

Cable Update (GBPUSD)

I think what we can see now is they want to hold their entry levels from yesterday (1.2540 is lowest, sorry meant 1.2640) so they buy here again to lower their average. That caused probably the spike up last few minutes to 1.2670's. Other used that ...

Cable Update (GBPUSD)

What you see currently on PA at GBP/USD is a classical dilemma for big boys who have lots of losing positions open now (in this case longs). They cannot let the market dump more and want to stabilize it but on the other side they know they have to ...

Cable Update (GBPUSD)

Well...today it was not so easy to see that price is coming down - except until NFP released (good short opportunity at 1.2713 after first retrace). But I think I get your point.

Cable Update (GBPUSD)

I appreciate your input here a lot so I just don't want that you lose money. You like stats like me so most times we are in sync and I see you come out sometimes if sh*t really hits the fan (which calms me down cause I see the same). These kind of ...

Cable Update (GBPUSD)

Haha, I do. I still wonder what happened since news yesterday, when market creeped up like no good. Thanks to my stats I could see the big risk pros were taking but I ask why did they do that? That lost billions today with that action or are at ...

Cable Update (GBPUSD)

What? Are you sure? Don't forget that huge pros have billions to sell now, they are in minus already. 1.2740's had cost a ton of money to defend - now they have to pay the bill. No long for me at all now. Classical double turn (up, up, down, down, ...

Cable Update (GBPUSD)