the drop is here
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Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
Disliked{quote} I don't really subscribe to this notion of % risk. What is special about 5%? What is the other 95% in the account for? It may as well be in the bank collecting the massive interests the bank pays. If I have to risk $100 to make a potential $1,000 then I will do it irrespective of the $100 being any % of the account. If my trade is wrong I am stopped out very quickly and await the next opportunity I spot. This is the crux of the matter. If the trade is wrong people hold on in a vain hope of it coming good, often it does but in cases like...Ignored
Disliked{quote} Well said Nala An interview I listened to a while ago had a trader describe the markets as "The hardest way to make easy money."Ignored
DislikedBuy GBP but not against USD | Nov 25, 2019 GBP: bullish gartley on GBP/USD and change in trend to bullish. {image} About JPY: JPY has been losing since China Vice Premier Liu He spoke. Therefore, I bought GBP/JPY Here is how I entered buy in GBP/JPY. {image}Ignored
Disliked{quote} So why do you think it’s so hard Ra.? I hold the view that technical analysts is only 10% of trading...I spend most of my time following fundamentals... that is my edge. The chart is just a knee-jerk reaction to news. More than 90% of traders do not know how to even apply fundamentals to their trading. It takes time, and because it’s seen as cumbersome they skip right passed it. Any successful trader I’ve come across has sound fundamentals knowledge behind his/her strategy. There are no short cuts to success. You need to put in the screen...Ignored
DislikedBack to 2865 support , shorts are whistling in the wind needs to break that and clear the 2823 support to get down to 2768, As we broke the 2865 upwards yesterday and now we are retesting i would prefer to see it up to 2927 break that which reverses the trend , but still pa giving no clear answers at the moment. Market structure ,Patience and confirmation result in good tradesIgnored
Disliked{quote} Hey Guztro, Here's my take on it, as I'm still fairly new to this, and that saying can be open to any kind of interpretation... but in a nutshell: Forex is a reflection of your self development, greed, and search for knowledge. The knowledge is learned through reflection on the markets, and how you as an individual find your place in it. It requires a level of analysis analogous to a boxer in a ring, knowing what works against your opponent, and what doesn't. Where you're weak, and how to protect yourself from this weakness.. Staying calm...Ignored