Cable Update (GBPUSD)

Quoting Davit

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{quote} Trained my 2 sons.My younger one is in New Jersey now competing in nationals. Love Chess.I like even playing drunk.Fun part is after 2drinks you start using right side of the brain,creative part,daring great moves.After 4th drink your neurons start firing slower and that's when you put a bishop in front of pawn I am glad you like it.Great mental sport.

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Quoting Davit

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{quote} Hi I posted here many times how I trade and got too many troll attacks, method,lot sizes distorted etc.In short people like to tell you "I am going to blow my account" Most people wired negatively.I am not going into details anymore how I trade suffice to say my SL has not been reached.

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Quoting GDR3k

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{quote} You are selling into support. Good luck though, who knows how far it'll drop...

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Quoting Carlicus

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{quote} From your last image it seems you are shorting 2.4 lots or so, with an average price of 1.653xx or something near, which means you are down 4K$, so it just depends on the size of your account. If your account is 30k$ your risk is still acceptable. However if your account is 10K$ or even less, maybe people is right and you are lucky you didn't blow your account. I hope i didn't say anything offensive.

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Quoting Davit

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{quote} Hi I posted here many times how I trade and got too many troll attacks, method,lot sizes distorted etc.In short people like to tell you "I am going to blow my account" Most people wired negatively.I am not going into details anymore how I trade suffice to say my SL has not been reached.

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Quoting elbert3

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{quote} yes thanks i know that is why i thought it strange to get a see signal there i took profit off my 2 shorts because of where the price was, i have a sell order below the support we will see i will keep you posted i have to go pick up the wife sl is on and i might come back to some more money ??? lol regards E

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Quoting Azim

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{quote} Hi Davit, I think we trade similar ways {image}

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Quoting Davit

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{quote} Hi Azim. If I may suggest you should move your upper SL lot lower in case of resuming up trend at least you will bank +pips Once in profit I basically follow price 20pip distance. Yes we have similarities and I like that you did not increase lot size on top.That's the difference of averaging in vs martingale. Regards

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Quoting Carlicus

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I find it extremely strange that in the Bid/Ask, it is currently about 150M in each side, while usually it is half the volume, about 65 M on the bid/ask... This is suspicious

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Quoting Psychologist

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Here is my EW analysis of the price action: {image}

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Quoting Baggi

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I just closed my short. Will start looking for a new entry here.

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