Disliked{quote} trade small so you don't panic and exit early.I trade without fixed SL.I only place SL once in profit regardsIgnored
Fix up, trade sharp ...
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Disliked{quote} trade small so you don't panic and exit early.I trade without fixed SL.I only place SL once in profit regardsIgnored
DislikedHey D I agree with short on a weekly basis ,only I just thinking shorts not safe right there right now ,could be tho {quote} {image}Ignored
Disliked{quote} But what about risk management? If the position turns against you while you are not at the computer, this could be too expensive for my taste. Even a small position could run out of order if not checked. Or did I misunderstood and you use a stop loss, but it is flexible?Ignored
Disliked{quote} Just saw this. I can't believe you thought I bought EG at 8350 on ECB day after it had already moved to the highs and I specifically said we were at channel highs AND i said even a retest of 1641x-1642x in GU doesn't count. For me we need a multi day hold/close in GU above 1.6425 before I will consider us back in somewhat a bullish bias. Unless proven wrong (and could definitely be wrong) for me GBPXXX is doing right shoulder which at this time remains a sensible view. Long term I do believe in GBP strength but for now the technicals are...Ignored
Disliked{quote} right because everyone is in SUCH a rush to sell EG after breaking above trendline again. granted we are at daily channel highs but after all the real money GBP buying recently the macro movers aren't exactly rushing into the currency, especially not unti GBP/XXX retests LT support. a retest of 1.6410 doesn't count. for a big LT move higher, try again in 3-6 months, maybe, after more pain around 1.60xx and 1.61xxIgnored
Disliked{quote} I average in so position against me is another opportunity.I only take a loss if fundamental factors for direction is no longer valid. So because of this I am comfortable being in red as long as underlining factors are still true. I have read enough about UK fragile "recovery" that chances of PA reaching 1.58 is greater then reaching 1.70+ Look at Cable last 5yrs.Its been ranging.Ignored
Disliked{quote} hi my method for today or scenario , today high 6425, we are in a pull back already on that high to 61%fib 6408 then quick sell off , 6350 or more , thats only my opinion,Ignored
Disliked@davit I opened another 2 positions in the last few hours around 1.63900 and the 200H1 SMA - these have removed a large chunk of my profits. Holding on thoughIgnored
DislikedExited my GBPUSD longs last night and transferred over to GBPNZD, which I think will be even more rewarding. It might not start out that way, though. Looking for 2.100.Ignored
Disliked{quote} Your chance to get out if you still want to and keep profits.Ignored
Disliked{quote} Filled when cable dropped to 1.6382...should've set it lower, then could sell higher now...oh well. OK. Setting trade parameters: SHORT @ 1.6385 S/L : 1.6450 T/P: OPEN Cable now 1.6409 High: 1.6418 Open P&L : - 24 pipsIgnored
Disliked{quote} Yes but you were worried.Chance to get out.If you are not 100% sure then you can't make mistake by taking profit. I trade very differently so I am not ideal example here.Ignored
Disliked{quote} Oh, ok i understand thanks for the heads up! i think i will minimise my position - your trading style it different, but i like it!Ignored
Disliked{quote} Position unchanged since Friday. Everything can be read here in this post from Friday: {quote}Ignored
Disliked{quote} in a nut shell I am a position trader and not a scalper.Hate scalping.Tried and stressed the crap out of me.I don't have the personality of a scalper. I am an artist a painter website here So to see the painting whole you must step back.When you do little details are not important anymore as overall effect.Scalping is putting your face close to canvas while that could be interesting you will never see the image unless you step back. Lot of similarities with painting and trading. Anyway green pipsIgnored
Disliked{quote} true, 1 candle tells a tail, several candles tell the story.Ignored