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Cable Update (GBPUSD)

  • #529,901
  • Jun 22, 2020 6:28am Jun 22, 2020 6:28am
D1
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SCALP WIN
  • #529,902
  • Jun 22, 2020 6:29am Jun 22, 2020 6:29am
Quoting navk
{quote} I started booking profits, instead of holding it. Especially, if the trade is against daily trend. I booked in the morning 6 % ROI, and then improved very slightly to 7.5 %. Better to book every day some 3 to 4 %. Cumulatively it would be 100 % by the end of the month. Try this. No point in making big one day and then seeing a floating loss next day.
love this, do it alot, this is hwy why i set alerts as soon as position is halfway to tp i make it risk free, of course sometime it goes BE but id rather have more BE trades than losses haha, im up +60 still from this morning i dont think imma get in anymore looking at gold for a potential short though..
  • #529,903
  • Jun 22, 2020 6:32am Jun 22, 2020 6:32am
Quoting joesherwood
{quote} love this, do it alot, this is hwy why i set alerts as soon as position is halfway to tp i make it risk free, of course sometime it goes BE but id rather have more BE trades than losses haha, im up +60 still from this morning i dont think imma get in anymore looking at gold for a potential short though..
your method on risk/reward seems to be good.
Intraday only.
  • #529,904
  • Jun 22, 2020 6:36am Jun 22, 2020 6:36am
Quoting becker.invst
H4 structure is bearish. Looking for a sell opportunity on lower time frames. {image}
becker.invst, excellent read on Dow Theory...just watch for the standard zone of C completion (1.2328-1.2310)
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Always trade your own plan...I don't provide trading signals.
  • #529,905
  • Jun 22, 2020 6:39am Jun 22, 2020 6:39am
hidden bullish div forming on m15 currently 2385
Cancelled partially below 2375 and totally below 2363
COT: The precious data ignored
  • #529,906
  • Jun 22, 2020 6:40am Jun 22, 2020 6:40am
2308 is the area, I am looking. Daily S1
Intraday only.
  • #529,907
  • Jun 22, 2020 6:41am Jun 22, 2020 6:41am
Quoting ongtrumvn99
{quote} I trade empirically and do not follow any rules. My goal is not to be beaten by the market for the day. Everything will be fine.
but the question is how do you defeat the market?
  • #529,908
  • Jun 22, 2020 6:41am Jun 22, 2020 6:41am
Quoting kuroro001
hidden bullish div forming on m15 currently 2385 Cancelled partially below 2375 and totally below 2363
2364 IS London open price
Intraday only.
  • #529,909
  • Jun 22, 2020 6:42am Jun 22, 2020 6:42am
Long @ 2386 TP 2402
Don't Leave Money on the Table
  • #529,910
  • Jun 22, 2020 6:43am Jun 22, 2020 6:43am
Quoting navk
{quote} 2364 IS London open price
Frankfurt, London's min was 2375.
Everyone can see the chart, but only a few can actually read it.
  • #529,911
  • Jun 22, 2020 6:45am Jun 22, 2020 6:45am
Quoting Aghostinplai
Mate you should probably cut your losses early

Okay. Thank you
  • #529,912
  • Jun 22, 2020 6:46am Jun 22, 2020 6:46am
Quoting OnlineAddict
{quote} Frankfurt, London's min was 2375.
correct, 2364 Frankfurt low, 2375 London open
Intraday only.
  • #529,913
  • Jun 22, 2020 6:49am Jun 22, 2020 6:49am
this can be long entry with tight stop.
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Intraday only.
  • #529,914
  • Jun 22, 2020 6:51am Jun 22, 2020 6:51am
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yes yes yes
  • #529,915
  • Jun 22, 2020 6:52am Jun 22, 2020 6:52am
Quoting navk
this can be long entry with tight stop. {image}
What indicator is this?
  • #529,916
  • Jun 22, 2020 6:54am Jun 22, 2020 6:54am
Quoting ongtrumvn99
{quote} I trade empirically and do not follow any rules. My goal is not to be beaten by the market for the day. Everything will be fine.
if you are trading "empirically" then you are following rules

Id be interested in your empirical triggers...
in wondering about yourself, you forgot what you came here to be part of
  • #529,917
  • Jun 22, 2020 6:56am Jun 22, 2020 6:56am
Quoting navk
{quote} I started booking profits, instead of holding it. Especially, if the trade is against daily trend. I booked in the morning 6 % ROI, and then improved very slightly to 7.5 %. Better to book every day some 3 to 4 %. Cumulatively it would be 100 % by the end of the month. Try this. No point in making big one day and then seeing a floating loss next day.
i do a consistent 1% daily on my scalp.. then im free the whole day... it works... thats what you call freedom.
PATIENCE AND DISCIPLINE!
  • #529,918
  • Jun 22, 2020 6:58am Jun 22, 2020 6:58am
Quoting harold1
{quote} i do a consistent 1% daily on my scalp.. then im free the whole day... it works... thats what you call freedom.
good strategy.

If you are consistent with 1 % a day, in roughly 4 months, your account can be doubled with minimum risk.
Intraday only.
  • #529,919
  • Jun 22, 2020 7:00am Jun 22, 2020 7:00am
the problem is greedyness and sticking onto wrong trades.

If you made 2 to 3 % in particular trade/trades, better to book profit and then look next day
Intraday only.
  • #529,920
  • Jun 22, 2020 7:00am Jun 22, 2020 7:00am
Quoting navk
{quote} good strategy. If you are consistent with 1 % a day, in roughly 4 months, your account can be doubled with minimum risk.
yep! its better...dont rush things. but thats on my scalp account,,, while on my another account.. its a different story but still. good result
PATIENCE AND DISCIPLINE!
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