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Cable Update (GBPUSD)

  • #534,801
  • Jul 10, 2020 10:30am Jul 10, 2020 10:30am
Final look at 1hr below.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #534,802
  • Jul 10, 2020 10:31am Jul 10, 2020 10:31am
Quoting Theoak
{quote} Ok. I will think about 1.2525 in about 6 hrs time, for a possible 120 pip scalp! Can't you appreciate It does not make any logic!
you seem to overeact.

If you are swing trader and only bullish... be at that.
All our analysis need not be right all the time.

If you are... then, you will not be in this forum

I make mistakes and that is why i am in this forum

So it goes like that.

keep cool.

Losses are part and parcel as we all know.
Intraday only.
  • #534,803
  • Jul 10, 2020 10:38am Jul 10, 2020 10:38am
Dx is keep coming above 96.490
S&p is at major res at 3153.
I believe gu will close to 1.26000 more then 1.26500
yes yes yes
  • #534,804
  • Jul 10, 2020 10:51am Jul 10, 2020 10:51am
Quoting navk
{quote} you seem to overeact. If you are swing trader and only bullish... be at that. All our analysis need not be right all the time. If you are... then, you will not be in this forum I make mistakes and that is why i am in this forum So it goes like that. keep cool. Losses are part and parcel as we all know.
Ok fair enough. No offence intended. I have learned a considerable amount this week. I appreciate this post and now I have a new photo!!!!
Don't trade what you think. Just what you see!!!
  • #534,805
  • Jul 10, 2020 10:57am Jul 10, 2020 10:57am
Quoting akim0895
{quote} i wait at 2680 to discuss budd ️️
looks like it has been done today.
Intraday only.
  • #534,806
  • Jul 10, 2020 10:58am Jul 10, 2020 10:58am
H&S Setup on M5?
  • #534,807
  • Jul 10, 2020 11:02am Jul 10, 2020 11:02am
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 07-10-2020 18.52.42_1.jpg Size: 134 KB
yes yes yes
  • #534,808
  • Jul 10, 2020 11:04am Jul 10, 2020 11:04am
Quoting Moty
{image}
i am short also Moty, in my real ac.

will watch that level.
Intraday only.
  • #534,809
  • Jul 10, 2020 11:16am Jul 10, 2020 11:16am
Tp almost there come on bear gang
  • #534,810
  • Jul 10, 2020 11:21am Jul 10, 2020 11:21am
Quoting navk
{quote} i am short also Moty, in my real ac. will watch that level.
I am done. all closed
Intraday only.
  • #534,811
  • Jul 10, 2020 11:24am Jul 10, 2020 11:24am
I don't have my hammer, but i don't need one.
The drop is here .
Yesterday high is still not breach
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 07-10-2020 19.22.06_1.jpg Size: 121 KB
yes yes yes
  • #534,812
  • Jul 10, 2020 11:42am Jul 10, 2020 11:42am
Quoting navk
{quote} for the swing traders, yes bullish. For day traders, today Asia was bearish. As simple as that. There was drop from 1.2668 to 1.2564. More than 100 pips dro. A day trader can capture pips in this drop. Swing traders may not. yes. But you have to accept the fact that this thread has traders with varying interest.
yes brother you are right first one should analyze what trading style have ,then he can easily interact with like minded traders and understand what they doing without demanding explanation otherwise ask questions
  • #534,813
  • Jul 10, 2020 11:50am Jul 10, 2020 11:50am
Quoting Headland
{quote} why 1.27?
4h liquidity level. As well daily shelf
We will see sell off for price to reach balance
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #534,814
  • Jul 10, 2020 11:53am Jul 10, 2020 11:53am
Quoting Moty
I don't have my hammer, but i don't need one. The drop is here . Yesterday high is still not breach {image}
next week brother, bulls show all they got today, it was look promising but they failed.
massive doji 4h on the pivot
  • #534,815
  • Jul 10, 2020 12:04pm Jul 10, 2020 12:04pm
Quoting wasay
{quote} yes brother you are right first one should analyze what trading style have ,then he can easily interact with like minded traders and understand what they doing without demanding explanation otherwise ask questions
Please read the post trail, before commenting. If you then want me to explain myself after this. I might reply or might not - depending if I think its relevant.
Don't trade what you think. Just what you see!!!
  • #534,816
  • Jul 10, 2020 12:13pm Jul 10, 2020 12:13pm
if daily bear candle today i will try hold few of my short. almost eat my sl before
  • #534,817
  • Jul 10, 2020 12:21pm Jul 10, 2020 12:21pm
market is already dead.

No point in keeping even demo chart open

Intraday only.
  • #534,818
  • Jul 10, 2020 12:22pm Jul 10, 2020 12:22pm
Quoting wasay
{quote} yes brother you are right first one should analyze what trading style have ,then he can easily interact with like minded traders and understand what they doing without demanding explanation otherwise ask questions
Hi Wasay
This may be hard for some to understand. I rinse and repeat multiple times daily. My objective is to lock in trades as soon as possible. I don't have targets. When my trades are taken out with small profits, I don't care. Trading is a business, protecting my profits are most important. It is like a game of chess. The locked-in trades that survive the day is what I call "Survivors". Only after a significant amount of pips in profit, I move my stops.

So I have to call myself a scalper, short, medium to long term trader. I fall in all categories I suppose.

Difficult ain't it. Below is a picture of what I am talking about. I have two trades 1000 + pips each.

Hope I can shed light on Navk's concerns.

Cheers.
Attached Image (click to enlarge)
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Trade to trade another day
  • #534,819
  • Jul 10, 2020 12:23pm Jul 10, 2020 12:23pm
Good night . Hope all make pips today!
  • #534,820
  • Jul 10, 2020 12:27pm Jul 10, 2020 12:27pm
Quoting Wavegarrick
{quote} Hi Wasay This may be hard for some to understand. I rinse and repeat multiple times daily. My objective is to lock in trades as soon as possible. I don't have targets. When my trades are taken out with small profits, I don't care. Trading is a business, protecting my profits are most important. It is like a game of chess. The locked-in trades that survive the day is what I call "Survivors". Only after a significant amount of pips in profit, I move my stops. So I have to call myself a scalper, short, medium to long term trader. I fall in...
very very long term.

I do not have patience.
Intraday only.
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