For your info, I have basically the same short setup as you at this point. But since you were so adamant in going short, other rookie traders take the cue to go all in, and, well, one of them got margin called today (advice777). If you're going to ...

Cable Update (GBPUSD)

I have been there. I lost $4,000 out of my $6,000 account in 1 day about 10 months ago. I needed the money to pay bills, so I had to withdraw the leftover and scrimp and save and work harder with my taxi driving business to pay my bills. I had to ...

Cable Update (GBPUSD)

Yes. Good idea. Oanda.com is a good place to trade with small funds. You can deposit as little as $0.01 to start. But to open the smallest increment of EUR/USD position, you need $0.03. So, even $1.00 would be enough to start. The trader ...

Cable Update (GBPUSD)

This looks like confirmation of a top for now. That green line means +100% ROI for my current largest active demo account. If it happens, this will now be the 2nd demo to have reached +100%, to be replaced with live $100. See #5 Demo trade explorer ...

Cable Update (GBPUSD)

Now you know. Take this painful lesson as a valuable lesson learned, as the cost of training, never to be repeated again. Just have patience. With time, you will have money again, and you will rise with me above the likes of Zebi. High five! ...

Cable Update (GBPUSD)

My short position at 1.09825 is my largest demo account, currently at around +87.5% ROI. All I need is for EUR/USD price to dump to 1.09677 (+14.8 pips) for this account to reach +100% ROI, then I will replace that demo with a second live account of ...

Cable Update (GBPUSD)

At CPI news, if price shoots down to support area, I will cash out of my shorts with big profits, then maybe go long. If price shoots up, then I will try to scalp around and possibly add more demo accounts and short the rallies until everything ...

Cable Update (GBPUSD)

How about being a contrarian against the contrarian (Zebi)? With good money management, you will succeed. All you need is tunnel vision and good money management.

Cable Update (GBPUSD)

That's why I called Zebi out for farting outta his mouth without any real evidence, and being all kinds of quiet right now after making such "rock solid" predictions with price still going the opposite direction... I find it better off ...

Cable Update (GBPUSD)

Could this be the beginning of the dump?? image

Cable Update (GBPUSD)

However, I have all 7 of my demo accounts loaded up with EUR/USD shorts, having just sniped the top at 1.09825. If it goes any more higher before dumping, then my live account will also enter a short position. Then we ride, hell or high water. ...

Cable Update (GBPUSD)

And now you're all kinds of quiet with GBP/USD and EUR/USD still rising.... On 8 hour timeframe MACD, EUR/USD looks like it's primed to go up to 1.125 and GBP/USD to 1.30 image image

Cable Update (GBPUSD)

It rather looks to me like GBP/USD is the one with the inside daily candle and EUR/USD is bullish engulfing. Unless I'm reading it wrong... All this BS intraday movement could be simply bullish consolidation, designed to shoot it up to 1.125 before ...

Cable Update (GBPUSD)

Bulls did win for the day with a green day candle, especially on EUR/USD. I have closed all my longs now, due to 200 SMA for 1 hour TF barely being touched, and now have 5 short positions on EUR/USD. Hoping for 1.085 tomorrow for CPI, maybe lower. ...

EURUSD

However, on the 4 hour timeframe / 200 SMA and MACD, it looks like EUR/USD is ready to slingshot up to test the 1.114 top again. So, trade carefully, and use good money management. If USD CPI is negative, then that just might happen for all USD ...

Cable Update (GBPUSD)

Right, that's why I start my positions with my smallest / least important accounts to satisfy my FOMO urges, so my main account is reserved for when it really matters.

Cable Update (GBPUSD)

Bulls did win for the day with a green day candle, especially on EUR/USD. However, I have closed all my longs now, due to 200 SMA for 1 hour TF barely being touched, and now have 5 short positions on EUR/USD. Hoping for 1.085 tomorrow for CPI, maybe ...

Cable Update (GBPUSD)

Me too. But I can also scalp around and make more $$ on top while waiting for break out. Most likely tomorrow.

Cable Update (GBPUSD)

Did you get stopped out? All this farting about shorting... At this point, bulls won the day for today. And I made some more progress with both long and short scalps. I haven't updated my trade explorer for today yet. See ya later at CPI ...

Cable Update (GBPUSD)

This will be me with my family soon. They will want to know my secret. They never supported my trading or believed I could succeed. When they ask me, I will tell them to do the first hard 4 to 5 years of losing $$ first on their own with no support, ...

Cable Update (GBPUSD)