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Cable Update (GBPUSD)

  • #482,921
  • Jul 2, 2019 5:40am Jul 2, 2019 5:40am
Quoting Zorrander
Take long... TP 20 pips
Out.. get 12 pips
  • #482,922
  • Jul 2, 2019 5:45am Jul 2, 2019 5:45am
Quoting Moty
Are you ready? {image}
So my question to you is why aren’t you waiting for this set up and long big from here then? Instead of holding onto a losing buy position and let it come here, hoping it will bounce back to BE and then perhaps profit? You’ve got it backwards.
  • #482,923
  • Jul 2, 2019 5:47am Jul 2, 2019 5:47am
Still hold long 35, 45, 65
I want to add at 10 but i missed the train

Sl? If it breaks 00
  • #482,924
  • Jul 2, 2019 5:51am Jul 2, 2019 5:51am
Quoting Kimjoun
{quote} dont listen to him moty . sl is know when to get out, doesnt mean you need to put it on chart. i know your sl is your whole acc . tell them about how many pip your acc can sustain.
Margin call and “whole account” as SL means he most likely had a negative risk:reward ratio. Which means he will NEVER be profitable, even with a 70% win rate which he clearly does not have.
  • #482,925
  • Jul 2, 2019 6:02am Jul 2, 2019 6:02am
Quoting Moty
{quote} I still have 50 pips to spare until margin call. Take a look at line chart and candle chart I believe it could turn from here {image} {image}
I dont like that you said "Margin Call".
Just use 5% or lower your balance to trade.
  • #482,926
  • Jul 2, 2019 6:02am Jul 2, 2019 6:02am
Quoting kelvinftg
{quote} So my question to you is why aren’t you waiting for this set up and long big from here then? Instead of holding onto a losing buy position and let it come here, hoping it will bounce back to BE and then perhaps profit? You’ve got it backwards.
My answer is because it's supposed to bounce from 50% retracement and 4 point at 1.26414 but it didn't.
Longs squeeze
yes yes yes
  • #482,927
  • Jul 2, 2019 6:03am Jul 2, 2019 6:03am
Quoting Theoak
{quote} Bulls are hear in long 1.2619 Target 1.2630
Out at 1.2627
Don't trade what you think. Just what you see!!!
  • #482,928
  • Jul 2, 2019 6:31am Jul 2, 2019 6:31am
If your account has $12,874.96 in it then do not trade anymore then 1.2874 per trade, until you can or are ready to risk more,

If it;s $1.000 then it should be 0.10, or $500 " 0.05 and so on

I use to use this money management style religiously when i found that loosing was not the way to go.

  • #482,929
  • Jul 2, 2019 6:31am Jul 2, 2019 6:31am
Quoting Moty
Are you ready? {image}
Not ready man... This may fall below 1.2600
follow the flow of music $
  • #482,930
  • Jul 2, 2019 6:36am Jul 2, 2019 6:36am
Quoting birdland
"ECB Policymakers See No Need To Rush Into July Rate Cut" uups?! is this the turn-around-trigger for longs?
at least the next half-RN 1.2650 is in the cards...
trading is like dancing, don't think and just listen to the music!
  • #482,931
  • Jul 2, 2019 6:40am Jul 2, 2019 6:40am
Long in at 1.2629 target 1.2635
Don't trade what you think. Just what you see!!!
  • #482,932
  • Jul 2, 2019 6:40am Jul 2, 2019 6:40am
Quoting kelvinftg
{quote} Margin call and “whole account” as SL means he most likely had a negative risk:reward ratio. Which means he will NEVER be profitable, even with a 70% win rate which he clearly does not have.
It is his trading style
i trade only 4h,I have a lot to learn
Ithink MOTY must stop look chart smaller than 1h
he is very good at 1h analisys
STAY THERE BRO
  • #482,933
  • Jul 2, 2019 6:41am Jul 2, 2019 6:41am
Quoting xristos2512
{quote} It is his trading style i trade only 4h,I have a lot to learn Ithink MOTY must stop look chart smaller than 1h he is very good at 1h analisys STAY THERE BRO
Thats right.. moty so beast in H1
  • #482,934
  • Jul 2, 2019 6:48am Jul 2, 2019 6:48am
are u ready?
  • #482,935
  • Jul 2, 2019 6:49am Jul 2, 2019 6:49am
Quoting ganam
{quote} Not ready man... This may fall below 1.2600
Ready or not. I think its coming.
We are at 1.26300 allready
yes yes yes
  • #482,936
  • Jul 2, 2019 6:52am Jul 2, 2019 6:52am
Quoting Kimjoun
how about this? maybe/ {image}
may be like this use ur imaginary
  • #482,937
  • Jul 2, 2019 6:55am Jul 2, 2019 6:55am
Quoting Kimjoun
are u ready?
Sure. US starts in a few minutes, I am still 10 pips in the red zone so I hope they will sort this out.
  • #482,938
  • Jul 2, 2019 6:58am Jul 2, 2019 6:58am
Quoting Moty
{quote} Ready or not. I think its coming. We are at 1.26300 allready
just to start US guys...Watch the trend, its safe to trade based on that...minimise the loss..
follow the flow of music $
  • #482,939
  • Jul 2, 2019 7:22am Jul 2, 2019 7:22am
Quoting Theoak
Long in at 1.2629 target 1.2635
Bingo
Don't trade what you think. Just what you see!!!
  • #482,940
  • Jul 2, 2019 7:24am Jul 2, 2019 7:24am
Open short in 28 .. TP 10 pips
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