I hate cable this year…
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Cable Update - Continued 102 replies
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DislikedForgive me as i am only learning, the main trend is def up (4H) we saw this little pullback on the 1H then continuation, might be pulling back no to tap into the 15m unmitigated OB and sweep some liquidity before continuing {image}Ignored
DislikedForgive me as i am only learning, the main trend is def up (4H) we saw this little pullback on the 1H then continuation, might be pulling back no to tap into the 15m unmitigated OB and sweep some liquidity before continuing {image}Ignored
Disliked{quote} We are waiting for some more expert advice from the short traders when clearly the market was wanting to go up with timeframes aligned for longsIgnored
DislikedSome learning points for myself for next week. Trading was going well earlier in the week. Taking trades according to my system. Yesterday I took shorts counter to the trend. Whilst this isn't against my system (my system allows me to short/long at r2/s2 on daily and weekly timeframes. I over leveraged taking multiple trades and doubling my risk. Some trades were made prior to R2 being reached so a lack of patience plays a role and I also won't double my positions in this scenario next time. Today my system went out the window. I shorted at 12575...Ignored
DislikedSome learning points for myself for next week. Trading was going well earlier in the week. Taking trades according to my system. Yesterday I took shorts counter to the trend. Whilst this isn't against my system (my system allows me to short/long at r2/s2 on daily and weekly timeframes. I over leveraged taking multiple trades and doubling my risk. Some trades were made prior to R2 being reached so a lack of patience plays a role and I also won't double my positions in this scenario next time. Today my system went out the window. I shorted at 12575...Ignored
Disliked{quote} Good! We learn everyday in trading. Stick to your plan and it will come out good.Ignored
Disliked{quote} bro, it is just normal in trading, last week i been hardly hit by JPY after NFP because cannot belief it can go down eventually become so bullish, but finally i decide to cut before market close, after cut i only can think rationalIgnored
Disliked{quote} I truly believe my system works, its just the physiological side of trading that I struggle with. Thanks for the comment. {quote} My system revolves around trading with the trend, only taking a counter trend trade at specific levels. A trending market can and will go higher/lower then most traders expect it to, hence going against it and trying to pick tops is usually a bad idea. I fell victim to that this week.Ignored