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Cable Update (GBPUSD)

Quoting JustPipping
{quote} Just stop keep shorting with faith while this market has no time or even understands how you feel about it. I called 1.26800 with charts and explaining a couple hours ago and it hit. In the meanwhile people just keep shorting and doubling down and when you say something about it your crazy or wrong…. Im sorry if i was rude but people rather get mad when corrected then take notes

Everybody here trading their own strategy.

Theres nothing to take note with one-off win trade!
More time in the market, does not mean you trade better!
Quoting JustPipping
{quote} Just stop keep shorting with faith while this market has no time or even understands how you feel about it. I called 1.26800 with charts and explaining a couple hours ago and it hit. In the meanwhile people just keep shorting and doubling down and when you say something about it your crazy or wrong…. Im sorry if i was rude but people rather get mad when corrected then take notes
One setup, Im waiting for more that I can learn something new, will be watching closly
People don't plan to lose. They lose because they don't plan.
Hmmm... hmmm... Should I trade off the H1 or m5 chart as a scalper.
These two days of GU has gotten me questioning myself.
Exhausted
Quoting FxSnapper
{quote} Your first sell was at 1.2561...
Yes, I use averaging method... Main lot size used @ 1.2680.
How many accounts blown yesterday and today.
If stop is not set, this will happen
Intraday only.
Quoting Georginson
{quote} Yes, I use averaging method... Main lot size used @ 1.2680.
Of course...
  • #751,647
  • Quote
  • Edited 10:09am Jun 14, 2023 9:59am | Edited 10:09am
too crazy , new high and pullback at 2692 , next target 2700 , 2740 , ok , but will stay away for new , no convinced a good life still.! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Poor PPI news give a fuel to GBP
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
Alright, Getting ready to trade today again . Added 1 More Day to my Special Trading Days , Wednesday = (Bella's God of Wisdom)

Waiting for 14:56PM GMT to Open Position. Just 1 Hour left.

Bella's Blue Journal (June) = -75 Pips . ( i know i need to recover this )

Bella's GMT Switch v1.5

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Goddess of Thunder..
Quoting navk
How many accounts blown yesterday and today. If stop is not set, this will happen
Why is everyone entering shorts? The market is clearly not CHoC on 1 min and it has a bullish momentum. Just enter on the smaller TF demand zone and rock the wave for a few pips
Quoting Elysion
Hmmm... hmmm... Should I trade off the H1 or m5 chart as a scalper. These two days of GU has gotten me questioning myself.
Well, it is very difficult currently but these are the days you have to withstand through. Currently I have 3 day losses today. Last days were ok, no loss. Today it is completely crazy but that happens - once per year or even less. It's crazy because how the move is going but FED days etc. are always a bit scary.

I'm not sure how long it is ago that we had such a straight upmove before FED. I cannot remember one in last years. So congratulations, you are in a once per 5 years mess
Quoting Cetka
{quote} Why is everyone entering shorts? The market is clearly not CHoC on 1 min and it has a bullish momentum. Just enter on the smaller TF demand zone and rock the wave for a few pips
ADR isn't far off being reached and R2 pivot level tends to be strong resistance. I admit trading counter to the trend isnt ideal but this is a fairly high probability setup.
The way all day long all fx media keep posting FED pause FED pause FED pause, is same as the day NFP came out +500k.
That day all media keep telling NFP to be less than forecasted.
More time in the market, does not mean you trade better!
GBPUSD, M5 : 1 Buy win position,
exit half lots B4 news (USA PPI m/m),
re-entered Buy with half lots, with tight trailing stop.

+2.5 % overall

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BTC/USD Trend Following EA Beta Testing All Time Return: 66.6%
First aim 1.2770 around but not sure if that gets reached before FOMC. I think yes, but market is out of order, so I cannot help today.
Anyone recommending a book good about risk and money management?
More time in the market, does not mean you trade better!
Quoting JackintheBox
First aim 1.2770 around but not sure if that gets reached before FOMC. I think yes, but market is out of order, so I cannot help today.
Can't see 12770 today, maybe 12710 at a push.
Quoting Georginson
{quote} Yes, I use averaging method... Main lot size used @ 1.2680.
Do you have any stats to EUR/USD? I shorted at 10843 but close now at 1.08435. I think we are in an exreme, are we? I have not the stats currently so I closed again my short. Odd move but congrats who pyramided up today.

On EUR/USD the move today was one of 3 you need per year to make a good living. I have a pyramiding system and these are the days where you can make 1000's of Dollars - or Euros with pyramiding.
The two pointed out by the orange arrow are TLs. However, the last red monthly print is currently breaking up
blind shorts risky
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#doyourownanalysisordietryin
Quoting ForexGoose
{quote} i bought some more before the FOMC i'm gambling now, risky, but worth it
I will let my buy orders run, risk free currently

ultimate profit target would be 1.285 if the bull run continues
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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