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Cable Update (GBPUSD)

  • #538,361
  • Jul 27, 2020 12:30am Jul 27, 2020 12:30am
Quoting Raivcha
{quote} MM without profitable strategy is just tick bomb.
Well said mate... Now let's focus more on strategy and back it up with money management.
Data + Stat + Risk/Emotions Management
  • #538,362
  • Jul 27, 2020 12:31am Jul 27, 2020 12:31am
Quoting akim0895
{quote} you should wake up.. stop talk this kind of thing.. past thing no one can reverse time to fix it so take as example and move on.. that how a traders want to be success.. not keep talk same thing over n over again.. that a moving backwards traders..
i have woken up long ago, navk is the only person i follow because he has a good trade system and uses SL i just don't want people to be deceived by fake traders
  • #538,363
  • Jul 27, 2020 12:33am Jul 27, 2020 12:33am
Quoting Raivcha
{quote} There is always one person to blame.. yourself. You make decisions.
maybe at future he want to blame his finger that press the sell buttom..
just for a cup of coffee...
  • #538,364
  • Jul 27, 2020 12:34am Jul 27, 2020 12:34am
Quoting epzero
{quote} i have woken up long ago, navk is the only person i follow because he has a good trade system and uses SL i just don't want people to be deceived by fake traders
so when you follow somebody..
accept what good or bad from it
not to blame..
be a wise person..
just for a cup of coffee...
  • #538,365
  • Jul 27, 2020 12:39am Jul 27, 2020 12:39am
July 2011 High 1.6469 - 1.5780 Low = 689 pips Range
July 2012 High 1.5766 - 1.5392 Low = 374 pips Range
July 2013 High 1.5434 - 1.4812 Low = 622 pips Range
July 2014 High 1.7190 - 1.6856 Low = 334 pips Range
July 2015 High 1.5734 - 1.5329 Low = 405 pips Range
July 2016 High 1.3480 - 1.2795 Low = 685 pips Range
July 2017 High 1.3224 - 1.2811 Low = 413 pips Range
July 2018 High 1.3362 - 1.2957 Low = 405 pips Range
July 2019 High 1.2705 - 1.2119 Low = 586 pips Range

July 2020* High 1.2857 - 1.2358 Low = 499 pips Range

JULYS MAXIMUM RANGE = 689 pips
JULYS AVERAGE RANGE = 511 pips
JULY MINIMUM RANGE = 334 pips

July 2020 already exceeds 2012, 2014, 2015, 2017 and July 2018 ranges.

July 2020 only below 2011, 2013, 2016 and 2019 July ranges.

Possible reversal at 1.2857/1.2890 area for at least 300 pips retracement to 1.2517/1.2590 before any other trend can begin or continue, with these projected levels, All my entries can recover and make healthy profit.

If 1.2890 is seen, this July range must have match July 2019 and May 2020 ranges of 586 pips and 526 pips range.

Note: please no obligation to follow and always remember money management is king.
Data + Stat + Risk/Emotions Management
  • #538,366
  • Jul 27, 2020 12:43am Jul 27, 2020 12:43am
Hey Georginson, can you advise him to jump off a cliff so we can end this soap oper???
Lost....
  • #538,367
  • Jul 27, 2020 12:45am Jul 27, 2020 12:45am
Quoting gespiri
Hey Georginson, can you advise him to jump off a cliff so we can end this soap oper???
We need him alive to witness better days, which I'm sure he will experience with patience.
Data + Stat + Risk/Emotions Management
  • #538,368
  • Jul 27, 2020 12:48am Jul 27, 2020 12:48am
Quoting gespiri
Hey Georginson, can you advise him to jump off a cliff so we can end this soap oper???
Stone cold
  • #538,369
  • Jul 27, 2020 12:48am Jul 27, 2020 12:48am
Quoting Georginson
July 2011 High 1.6469 - 1.5780 Low = 689 pips Range July 2012 High 1.5766 - 1.5392 Low = 374 pips Range July 2013 High 1.5434 - 1.4812 Low = 622 pips Range July 2014 High 1.7190 - 1.6856 Low = 334 pips Range July 2015 High 1.5734 - 1.5329 Low = 405 pips Range July 2016 High 1.3480 - 1.2795 Low = 685 pips Range July 2017 High 1.3224 - 1.2811 Low = 413 pips Range July 2018 High 1.3362 - 1.2957 Low = 405 pips Range July 2019 High 1.2705 - 1.2119 Low = 586 pips Range July 2020* High 1.2857 - 1.2358 Low = 499 pips Range JULYS MAXIMUM RANGE = 689 pips...
when the market starts to buy again, i'm sure you will be mute for days again, if the market gets to 1.3 and never comes back what then happen to all the prices you have entered below?
  • #538,370
  • Jul 27, 2020 12:51am Jul 27, 2020 12:51am
Quoting Raivcha
{quote} MM without profitable strategy is just tick bomb, so king is is a strategy itself,- next comes MM.

  • #538,371
  • Jul 27, 2020 12:57am Jul 27, 2020 12:57am
Quoting Bydyke
{quote}
you have said it all. how can one be in losses for months and your saying money management, if prices keep going up and you don't have a SL the account will still close
  • #538,372
  • Jul 27, 2020 12:57am Jul 27, 2020 12:57am
Quoting epzero
{quote} when the market starts to buy again, i'm sure you will be mute for days again, if the market gets to 1.3 and never comes back what then happen to all the prices you have entered below?
just leave him n his methods there..
why should question again n again..?
that his problem not your..
be a gentleman n focus your methods/system
just for a cup of coffee...
  • #538,373
  • Jul 27, 2020 12:58am Jul 27, 2020 12:58am
Quoting Georginson
{quote} We need him alive to witness better days, which I'm sure he will experience with patience.
I am losing track with all these trades, can you tell me what the break even level is now?
  • #538,374
  • Jul 27, 2020 1:00am Jul 27, 2020 1:00am
Quoting Nala66
{quote} I am losing track with all these trades, can you tell me what the break even level is now?
hahahaha he doesn't have a break even all he does is enter more sells as the market keeps going higher lol
  • #538,375
  • Jul 27, 2020 1:05am Jul 27, 2020 1:05am
Quoting epzero
{quote} you have said it all. how can one be in losses for months and your saying money management, if prices keep going up and you don't have a SL the account will still close
It is called blindly trade with strong believe market will turn down. If not, margin call and sell more more higher.
  • #538,376
  • Jul 27, 2020 1:05am Jul 27, 2020 1:05am
Quoting Nala66
{quote} I am losing track with all these trades, can you tell me what the break even level is now?
1.2670 is my average sell level and should break even there. Take profits are 100 pips at each entry.
Data + Stat + Risk/Emotions Management
  • #538,377
  • Jul 27, 2020 1:07am Jul 27, 2020 1:07am
Quoting akim0895
{quote} just leave him n his methods there.. why should question again n again..? that his problem not your.. be a gentleman n focus your methods/system
Attached Image
Data + Stat + Risk/Emotions Management
  • #538,378
  • Jul 27, 2020 1:09am Jul 27, 2020 1:09am
Morning Everyone,

Looking at PA, I don’t think we have seen bulls yet.. It’s the last fire 5days of the month..

I am anticipating a solid bull wave in these last days of the month..

Lets see how things goes..

StaySafe
  • #538,379
  • Jul 27, 2020 1:11am Jul 27, 2020 1:11am
Above 1.28311, even more bulls will show up..

SS
  • #538,380
  • Jul 27, 2020 1:17am Jul 27, 2020 1:17am
Quoting epzero
{quote} when the market starts to buy again, i'm sure you will be mute for days again, if the market gets to 1.3 and never comes back what then happen to all the prices you have entered below?
It will drop to 1.2X , just matter of time,
bfr you follow any other trader here,
you need to know what kind of trader they are,
short term/ medium term or long term,
for me Georginson seem playing long term and decent drawdown is fine for him,
if you enter over lot size and follow him without any stop loss, and you can’t blame him,
navk is short term /intraday, day trader for daily profit,
how you want to compare 2 different type of trade?
stop blaming,
keep nagging will change your loss?
if other people follow blindly lose also their business, lose because lazy study the market, only want fast money and follow other’s call, want shortcut.
if forex is this easy, there will be no poor man in this world, and everyone just do forex is enough
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