Cable Update (GBPUSD)

You will be out from this trouble very soon just keep youself firm and strong then you will be only winner. InshaAllah soon you will be in winers once again Dear Brother

maybe because you dont follow your own trend following indicators?

Short entered @1.2630 Take profit 1.2470s

You need to look at the bigger picture trendlines and major daily resistance... your resistance is horizontal... but the 3 peaks are slightly at a slope.. and it just touched it a third time

30 pip stoploss selling.. 250 pips TP

round number and coming to low breakout point but check 15 mim chart

you have answered this yourself, many times.
Read your own post : https://www.forexfactory.com/showthr...6#post12970866

REDEMPTION

Could go all the way down to the red line

2325

change ur trading style.
Make just 1 or 2 lots at a time. you have more time lots of movements daily. make use of it.
Be Patience.

Never Mind pls just a friendly advice

Truth is we all tend to make the same mistakes all over again even though we know why we shouldn't and what we should be doing. His question was in exasperation; 'I did this again?'

KP

Quoting knkie

Disliked

{quote} you have answered this yourself, many times. Read your own post : https://www.forexfactory.com/showthr...6#post12970866

Ignored

There are quite a few traders who answered his question.
Why are you quoting mine?

Unless 1.2470 will not break i will buy any bs down spike
Target about 1.28

Net longs at their lowest since May 1st which probably means more upside.

As I said in an earlier post, Adam a prop trader said price moves in the direction to hurt the most traders...that's because the banks have a birds eye view on where all orders asr sitting....

https://www.dailyfx.com/forex/techni...ment-0823.html

Attachment g

Hello all, it’s been a good few days now since I stepped away from my account after having a bad beginning of the week, if you missed it I lost 4% on shorting the pair, across some scalps. this is not me moaning whatsoever, this is what the market does, I Will always say the good and bad in my trading experience, despite your win rate or whatever you lose it it’s just part of it it’s how you recover. Thankfully the losses were not drastic as I stuck to my RM and not me deposits. however another lesson learned. Which is the most important part. This week I’ve kept an eye on the charts and been watching the forum and I’ve been adapting the pairs I trade I will be back live on Monday trading now three pairs instead of one, i’ve been heavily analysing and been doing quite well. I’m excited for next week, stay safe with NFP tomorrow. Wish you all the best.

Joe

Nothing personal mate. Yours spoke better to the issue I wanted to highlight: He had answered his own question; he knew why but he still made the same mistake lol.

Stay safe, trade safe.

KP

Quoting knkie

Disliked

{quote} There are quite a few traders who answered his question. Why are you quoting mine?

Ignored

GBPUSD basically without complicated analysis

what would u choose YELLOW OR GREEN

considering the number of stops placed above 1.265, the answer is easy.