An Advantage, of being a Retail Trader, is we can CHOOSE when to get Involved with the Market
If Price Fails to reach a Level were we see Value we don't have to get Involved
2
GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
Trading eur/gbp of gbp/usd - 30 mins and below 0 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
GBP/USD, GBP/JPY trading, my journey 34 replies
History Data Usd/gbp Not Gbp/usd 2 replies
Disliked{quote} GBP/USD 1 Min Observations An Advantage, of being a Retail Trader, is we can CHOOSE when to get Involved with the Market If Price Fails to reach a Level were we see Value we don't have to get Involved {image}Ignored
DislikedToo bad I missed the shorting opportunity (actually I missed the first breakout too). Big pending order and daily pivot point were odd enhancers. However, it didn't take my limit order after breakout. Mr. Market also well knows there are many people want to jump in the wagon.... I am considering using two orders: one immediately after breakouts and the other one after some pull-back. I am not sure if this approach has better edge... What do you think folks? {image}Ignored
Disliked{quote} They don't give entry opportunity today.... Breakouts and no pull-backs. Not sure how people would handle this...... {image}Ignored
DislikedGBP/USD 2x Losing Short Trades I've Uploaded another Video to Youtube showing these two Losing Trades It's Important to understand that Losing is an Inevitability of Trading The most Important Factor is having a Plan that Deals with Loses Mine is if I have two Losing Trades in a Day I STOP Trading for that Day What aboutt YOU do you have a Plan for Loses? https://www.youtube.com/watch?v=VMao62CnvWc&t=26sIgnored
Disliked{quote} Hi Justin, Sometimes we don't get what we want to see, this is Trading I don't advise to Chase Price just wait for another Opportunity There was an Opportunity to go Short though I don't really know how Natural Gas moves so I don't know if I would Enter or not see what you think...... {image} {image}Ignored
Disliked{quote} Thank you for your comment Steve. It really helps. Regarding the second picture, yes I was watching and prepared the short trading but I wanted some decent pull-back before I enter.... Perhaps I was too much cautious....Ignored
DislikedNat gas had one way directional move today. It's difficult for me to trade. I don't want to buy under overbought condition. That's risker. I am waiting for direction change during later NY trading session....... {image}Ignored
Disliked{quote} This is the problem.... Mr. Market doesn't want to give anything to small traders like me. Quick 50 ticks ($500) of breakout move is difficult to handle for small traders...... This is one of the tricks Mr. Market enjoys.... {image} {image} If it were forex or if I had a big account, I would have entered with lowered leverage.Ignored
Disliked{quote} Let's see if it works.... RR is not very good but anyway.... This is 1/4 sized contract (/QG). {image}Ignored
Disliked{quote} I think my SL was too narrow. Let Mr. Market try to find some liquidity.... Second try short.... {image}Ignored
Disliked{quote} GBP/USD Short Trade Result +20 Pips Frame Work for 10th Jan 24 (The same as Yesterday) Observe how Price has Re-Turned to Fill in the Skinny Leg created after the Bullish Push Up..... {image}Ignored