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Cable Update (GBPUSD)

  • #581,101
  • Feb 28, 2021 9:37pm Feb 28, 2021 9:37pm
Quoting Moty
{image}
Hello brother ride start now
  • #581,102
  • Feb 28, 2021 9:40pm Feb 28, 2021 9:40pm
Quoting Moty
{image}
hi Moty
1.3940 your tp
i think better to set your short to BE as frequent attempt north can penetrate through above 1.4
IMO
cheers
  • #581,103
  • Feb 28, 2021 10:08pm Feb 28, 2021 10:08pm
Quoting Nala66
{quote} Exactly, isn't that what I said?
Yes of course. Did I say something else? I mean that’s exactly what you said.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #581,104
  • Feb 28, 2021 10:10pm Feb 28, 2021 10:10pm
Quoting Moty
{image}
Do you think we are gonna see a down move that big?
Do more of what works and less of what doesn't
  • #581,105
  • Feb 28, 2021 10:41pm Feb 28, 2021 10:41pm
Looks like equity futures are heading up and the dollar down, no positions now but expect up first but look out for selling pressure in this zone

Watch dxy in the first green area might find some buyers
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  • #581,106
  • Feb 28, 2021 10:41pm Feb 28, 2021 10:41pm
Compulsions can be hard to resist
  • #581,107
  • Feb 28, 2021 10:42pm Feb 28, 2021 10:42pm
BUY 3969
TP 4020
SL 3970

Sorry for the late posting
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  • #581,108
  • Feb 28, 2021 10:43pm Feb 28, 2021 10:43pm
Im still heavily bear biased. Will wait for confirmation before executing trades.
Ret
  • #581,109
  • Feb 28, 2021 10:51pm Feb 28, 2021 10:51pm
NEXT 1.3850
Like me, cuts losses quickly. But has more patience and lets his winn
  • #581,110
  • Feb 28, 2021 11:02pm Feb 28, 2021 11:02pm
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Tradeing is not your mate
  • #581,111
  • Feb 28, 2021 11:12pm Feb 28, 2021 11:12pm
Quoting M.Fadly
NEXT 1.3850
not big enough
  • #581,112
  • Feb 28, 2021 11:16pm Feb 28, 2021 11:16pm
Quoting navk
the price is expected to break 4000 in london session.... In NY session, retrace.
The only in house FF market maker

Le$$ I$ More
  • #581,113
  • Feb 28, 2021 11:18pm Feb 28, 2021 11:18pm
Quoting M.Fadly
NEXT 1.3850
Still can't see it
Patience.....
  • #581,114
  • Feb 28, 2021 11:18pm Feb 28, 2021 11:18pm
Quoting Katanashino
BUY 3969 TP 4020 SL 3970 Sorry for the late posting {image}
Hi Katana Shino.

I'm Newbie

I'm impressed with the lot size you traded.

I want to learn how you manage FIVE lot size with
Do you risk 2% of your equity to buy currency?

Looking at the size , assuming your SL of 40 pip, you account must be substantial size.

Does your risk a percentage of your equity or proportional to your equity on each trade ?.

Or do you simply takes your equity, risk %, pip value, spread and stop loss to calculate the lot size.

Thank you for helping me by responding to this question.

I hope one day I will be able to trade big lot size like you and knows the risk and trade management.

I understand if the risk level is too high then I need adjust it accordingly.

A wider stop loss reduces profit and adjusts the lot size accordingly.
  • #581,115
  • Feb 28, 2021 11:20pm Feb 28, 2021 11:20pm
Quoting Roszey
{quote} The only in house FF market maker
I want to short the break of 4000 though.

My limits are 3995 to 4040
Intraday only.
  • #581,116
  • Feb 28, 2021 11:27pm Feb 28, 2021 11:27pm
Quoting navk
{quote} I want to short the break of 4000 though. My limits are 3995 to 4040
i will short at 4034
Le$$ I$ More
  • #581,117
  • Feb 28, 2021 11:36pm Feb 28, 2021 11:36pm
The 50 sma band blocked the price
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yes yes yes
  • #581,118
  • Feb 28, 2021 11:39pm Feb 28, 2021 11:39pm
Quoting Roszey
{quote} i will short at 4034
I'd short 4060, long as long as 39785 holds
A trader is as good as his stop loss. Understand your mistakes.
  • #581,119
  • Feb 28, 2021 11:48pm Feb 28, 2021 11:48pm
Quoting Student21
{quote} I'd short 4060, long as long as 39785 holds
It will drop from here
Look at the last hourly candle bearish ingulfing
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yes yes yes
  • #581,120
  • Feb 28, 2021 11:49pm Feb 28, 2021 11:49pm
Quoting Sang.Real
{quote} Hi Katana Shino. I'm Newbie I'm impressed with the lot size you traded. I want to learn how you manage FIVE lot size with Do you risk 2% of your equity to buy currency? Looking at the size , assuming your SL of 40 pip, you account must be substantial size. Does your risk a percentage of your equity or proportional to your equity on each trade ?. Or do you simply takes your equity, risk %, pip value, spread and stop loss to calculate the lot size. Thank you for helping me by responding to this question. I hope one day I will be able to trade...
Hi Sang,

Not to mention but I'm also newbie, and I read a lots of book and navk post, which is very accurate.
My risk to reward is 1:2

Usually I set stoploss around 20-30 pips only and depends on how the market react, as I might cutloss earlier and switch to follow the trend.
Well, with my current account, the risk for 20-30 pips is around 3-5% of my account.
Hope can answer your question and sorry for the messy english.

Regards
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