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Cable Update (GBPUSD)

  • #533,561
  • Jul 7, 2020 9:51am Jul 7, 2020 9:51am
Quoting kuroro001
{quote} Its because some guys are kind of "forcing" you of taking positions on their side I have seen some guys here so sure of the short side....newcomers are following them, and you see the result today Strong upside... People should learn NEVER to follow anyone's calls...NEVER EVER
very true
  • #533,562
  • Jul 7, 2020 9:53am Jul 7, 2020 9:53am
Quoting Georginson
{quote} Great sell limit you have got there, nice anticipation. As said earlier in Tokyo session some odd volatile days ahead in July, last three trading days have been snail like now boom sudden volume filled Tuesday ... Expect some more days like this in July.
All about the range man
Le$$ I$ More
  • #533,563
  • Jul 7, 2020 9:58am Jul 7, 2020 9:58am
Quoting navk
{quote} these decisions always helped me.
I keep waiting
  • #533,564
  • Jul 7, 2020 9:59am Jul 7, 2020 9:59am
Quoting kuroro001
Apart from being at dailyr3 i don't see any PA or indication of a drop BOE candle has been reached now....

We may hang in there above 2550 today

Good bounce off it, BOE power, protecting the upside so far
COT: The precious data ignored
  • #533,565
  • Jul 7, 2020 10:02am Jul 7, 2020 10:02am
Quoting Marcieny
{quote} I keep waiting
I too.

You helped me. And help others also.

Intraday only.
  • #533,566
  • Jul 7, 2020 10:02am Jul 7, 2020 10:02am
Quoting Georginson
FOR SCALP... sell at 1.2557 target 1.2522...stop not defined.
35 pips for profit, unlimited risk, coming from someone preaching risk management.
  • #533,567
  • Jul 7, 2020 10:03am Jul 7, 2020 10:03am
Quoting navk
{quote} I too. You helped me. And help others also.
Hehehe
  • #533,568
  • Jul 7, 2020 10:03am Jul 7, 2020 10:03am
Quoting Marcieny
{quote} I keep waiting
Patient Marcieny. Good
Data + Stat + Risk/Emotions Management
  • #533,569
  • Jul 7, 2020 10:04am Jul 7, 2020 10:04am
Quoting kuroro001
{quote} Good bounce off it, BOE power, protecting the upside so far
It might stay above 2550 to 2600.

Asia might see a pullback.

If is stays upside, then tokyo will retrace.

If retraces now, tokyo will move up.

simple logic.
Intraday only.
  • #533,570
  • Jul 7, 2020 10:05am Jul 7, 2020 10:05am
Quoting Alex.
{quote} 35 pips for profit, unlimited risk, coming from someone preaching risk management.
Check properly before you throw jabs... 1.2592 stop defined below this comment...
Data + Stat + Risk/Emotions Management
  • #533,571
  • Jul 7, 2020 10:06am Jul 7, 2020 10:06am
in these situations, have sell limits or buy limits. It helps a lot
Intraday only.
  • #533,572
  • Jul 7, 2020 10:07am Jul 7, 2020 10:07am
Quoting iqyu5an
Bullish dragon already IN since few days ago . Just relax and watch the movie at the moment
The dragon is sooo nice ... Prepare to sell at hundreds pips from this level
not euphoria follower
  • #533,573
  • Jul 7, 2020 10:08am Jul 7, 2020 10:08am
Let's see where this h4 closes.Patience patience and patience.
  • #533,574
  • Jul 7, 2020 10:12am Jul 7, 2020 10:12am
looking for a one more leg up before i unleash monster shorts
Extreme gut feeling trader
  • #533,575
  • Jul 7, 2020 10:15am Jul 7, 2020 10:15am
Quoting ngiler
going to sell at 1.2590 reach or not i dont care since reach today target {image}
SL 1.2610 already open position.
TP at r2
row row row your boat
  • #533,576
  • Jul 7, 2020 10:16am Jul 7, 2020 10:16am
Quoting Georginson
FOR SCALP... sell at 1.2557 target 1.2522...stop not defined.
Maximum daily range in the last 15 trading days is 153 pips... Today's range so far is 116 pips... As far as low is unbroken, maximum attainable price today is 1.2612, so putting a stop loss at 1.2592 levels makes it somewhat illogical.

The psychological reason for use of stop may be attributed to non clarity of where the risk lies and excessive lot size. You might ignore stop loss usage for the above entry and close entry wherever the price ends for today.
Data + Stat + Risk/Emotions Management
  • #533,577
  • Jul 7, 2020 10:22am Jul 7, 2020 10:22am
And BOOOOOOOM....

Newbie error, adding fuel to the fire! Adding more shorts to losses. Wish i read that earlier post before i added the fuel
The perfect example of the 99% success rate with no SL and then the 1% cleans out my account!

Posting for others that still believes in no STOP LOSS!!!
I trade my own information and follow my own methods.
  • #533,578
  • Jul 7, 2020 10:23am Jul 7, 2020 10:23am
I close buy 1.258 Lol
  • #533,579
  • Jul 7, 2020 10:24am Jul 7, 2020 10:24am
Inserted Video
not euphoria follower
  • #533,580
  • Jul 7, 2020 10:28am Jul 7, 2020 10:28am
Quoting Marcieny
{quote} yes .. I'm still waiting, 1.25900 has resistance there, if the price get there, these currencies are in steps of I'm waiting for the price reaction to watch....
hehehe
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