Is this going to be another winner...
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Why is GBPUSD called cable? 67 replies
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cable short for gbpusd? 6 replies
Disliked{quote} Will instead wait for a touch near 41 before considering a short. {image} {image}Ignored
DislikedMy crystal ball said smooth 200 1minute. Then apply stop if ure into that sort of thing. {image}Ignored
DislikedBy the way that is not to criticise any trader here who is successful with stops, hats of to you, I am not. I find it overstressed personally. But eventually it all just came together. And like you said deanstar, you just get to a point after years of trading where it is just a case of lets trade now without to much concern. But I do prefer to use time. https://youtu.be/4amUUlJdmAYIgnored
DislikedMy crystal ball said smooth 200 1minute. Then apply stop if ure into that sort of thing. {image}Ignored
DislikedBy the way that is not to criticise any trader here who is successful with stops, hats of to you, I am not. I find it overstressed personally. But eventually it all just came together. And like you said deanstar, you just get to a point after years of trading where it is just a case of lets trade now without to much concern. But I do prefer to use time. https://youtu.be/4amUUlJdmAYIgnored
Disliked{quote} https://www.babypips.com/learn/forex/triangles Example: hope it helps. 1) candle + fractal clear of resistance 2) fractal + high 3) retest, will resistance become support? 4) buy stop at potential new support 5) adjust stop 6) adjust stop 7) trade closed in profit {image} {image} {image} {image} {image} {image} {image}Ignored
Disliked{quote} See this last Bollinger Band line is not coming every day , its strong like moving average 300 Yea its can make a surprise but its will be big one , I see this setup many years and its have a good win rate . Any want its only my opinion * you can see my 3 shorts in the horizontals lines {image}Ignored
Disliked{quote} {quote} Update We have a red engulfing candle , its another chance to add short or take new one {image}Ignored
Disliked{quote} Rule number one...Never add to losing positions no matter what you think the market will do. Just about everything is wrong with this wing and a prayer stuff, I would be seriously embarrassed to make such a post. One would have to have a very large account to trade at even 10 cents a pip so the returns expressed as a percentage would be minor but the losses would be major. It wastes time also, a week or so in the trade and no return and if the trade is stopped out then the whole thing losses major time and money. Any newbie should take note...Ignored
DislikedWell I for one would never trade without stops, 150 pips would wipe out my account. However this is all relative to the amount you put on a trade, I put it all on in three lots adjusting the stop each time to limit the damage. A wrong trade should be stopped out unless the amount is so piddling then the winning trade would be the same a piddling amount. ( Whoops just won another, I will post in a minute) The money in the trading account is for trading and should be limited to what you can comfortably afford to lose. If it is not used for trading...Ignored