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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

good weekend all 🥱🥱🥱️️️
Gbp/Aud blew my account today
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Quoting MezieOzioko
{image}
So sorry bout your loss bro, this is coming from your fellow Nigerian brother ...that money go pain you die, I know what it feels like, but bro don't you think your lot size is too big for your account size ? Plus that pair is very very volatile...I'm not insinuating anything but we need to treat this as a business ....forex trading is capital preservation first before anything!

In any event,I pray you bounce back much stronger
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Quoting Wavegarrick
{quote} Hi Donfriday, A swing is a swing until it becomes a swing. For me, I would want to see a weekly close back above 1.33000 which I doubt will happen this week. If next week closes above 1.33500 and more importantly above 1.3400 I will consider long trades. Everything up to then is speculative and pure luck IMO. Currently, price is stalling at 1.32500, and hardly conviction for me that bulls are taking over. Cheers.

you are right and agreed we are still bearish
I NEVER LOSE/=I EITHER WIN OR LEARN
Early next week a potential retrace / correction to 133 but overall it’s down to 13100 maybe a 200 pip week
Quoting Pat Chiko
{quote} Just woke up. Asleep before NFP.
You have big balls my friend
Quoting MezieOzioko
{image}
Trading without stop loss will kill your acc every time. 100%
Quoting MezieOzioko
{image}
GA were clear buys brother. No worries get at it again and work on chart time more. Pain is best to learning lesson for a trader
Quoting Pat Chiko
{quote} GU Trading on spikes, but watch the set up. QM set up played well during NFP. The spike is just a liquidity grab, with QM as the set up, wit BOS in placed. Double QM on the chart. {image}
PAT still I am learning your terminologies.
What is QM?
Quoting emuszy
{quote} So sorry bout your loss bro, this is coming from your fellow Nigerian brother ...that money go pain you die, I know what it feels like, but bro don't you think your lot size is too big for your account size ? Plus that pair is very very volatile...I'm not insinuating anything but we need to treat this as a business ....forex trading is capital preservation first before anything! In any event,I pray you bounce back much stronger
Forex Trading is capital preservation, first, before anything... I agree with you Sir.
Believe in your set ups.
Quoting Piparins
{quote} Trading without stop loss will kill your acc every time. 100%
'
who told you that?


its not true if u can manage ur trade manually.
I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting Piparins
{quote} Trading without stop loss will kill your acc every time. 100%
Do you know this for sure or have you just read it somewhere?
Soon To Be Temporarily Suspended Again
Quoting donfriday
{quote} if u follow the trend of this red arrows ur account will be empty by now. always find the best place to lower ur risk {image}
of course, but in these situations you will be stopped out and move on to the next trades.

the probability in a trend are higher when you follow a trend instead of trying to find the turning point.
I know that you and I know nothing...and don't think!
Quoting birdland
{quote} of course, but in these situations you will be stopped out and move on to the next trades. the probability in a trend are higher when you follow a trend instead of trying to find the turning point.


conclusion u never know which trend will favor u except if u always work with ur historical levels
I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting donfriday
{quote} conclusion u never know which trend will favor u except if u always work with ur historical levels
thats why i stated
I know that you and I know nothing;-)
I know that you and I know nothing...and don't think!
Quoting birdland
{quote} of course, but in these situations you will be stopped out and move on to the next trades. the probability in a trend are higher when you follow a trend instead of trying to find the turning point.
the trend channel can answer the question, bounce back or not.
only consider a channel with a larger time frame.
Quoting MezieOzioko
{image}
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trade what you see, not what others say
don´t follow me,you will loose your moneyy
Quoting teatime
{quote} {image}trade what you see, not what others say
Nice chart, look like a decision point on daily.. worth a short.
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Keep it simple, stupid.
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