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Is it just me or is cable acting random? 44 replies

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Cable Update (GBPUSD)

Quoting Moty
come on , give me 1.40000 {image}

Moty,

Stop eating before your get full

That way will makes your account healthy.

Came back tomorrow for another eating session

Chasing few pips can makes you loose all.

Stay safe my friend

all out !!!
after being in a floating 70 pips loss , i finished the day with a win of 20-30 pips
now i am short for 20 pips to call it a day with 60 $ profit
my new strategy is to win 60 $ a day , that's 300 $ a week , that is 1000 sekel .
sekel is the currency in Israel , 1000 is usually a nice profit for a week in most currencies
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Quoting mysterio
Time to call it a day before I take any revenge trades! Re-assess things tomorrow- a couple of flat, fruitless days, not ideal! No damage done, at least. Congrats to those who managed to lock in profits. Still not sure why I didn't cash out when I had 14xR running earlier-pure greed!
Respect
A trader is as good as his stop loss. Understand your mistakes.
Quoting Georginson
Bears should stand aside till 1.3970/1.3990 area... This is still strongly bullish
The only meaningful book I read on forex trading is babypips school of pipsology. I have just been a full time trader of pound dollar since 2011. With lots of ups and downs, I can say losses make great traders eventually. I'm still learning and will keep learning.

Quoting Ihlas
{quote} Hi Georginson, You are a great trader. Could you please recommend your favourite book on trading? I am on the same side, it should go to that levels. Appreciate. Wish you a basket of pips even you had it full
Please read my previous post for the reply.
Swing and Intraday
Quoting Moty
all out !!! after being in a floating 70 pips loss , i finished the day with a win of 20-30 pips now i am short for 20 pips to call it a day with 60 $ profit my new strategy is to win 60 $ a day , that's 300 $ a week , that is 1000 sekel . sekel is the currency in Israel , 1000 is usually a nice profit for a week in most currencies {image} {image} {image}
And if you just sat on your hands two days and entered longs only on FOMC?) How much could you get? Now you understand where is your problem?
Quoting JayBag
Hi Gang, It's been a minute on here I sure hope most are making a bank. Nothing has changed so far me btw. I have 2 major targets in mind which are 1.37146 and 1.3200. For a long-term idea, I would prefer to hunt for yearly longs way below 1.3200 area.. maybe around 1.2** Stay Safe Takers
long term agreed, I dont trade fomc or nfp, leave that to gunslinging gamblers :-)
If you are new to Forex? Say Goodbye to your account!!
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Quoting Georginson
{quote} The only meaningful book I read on forex trading is babypips school of pipsology. I have just been a full time trader of pound dollar since 2011. With lots of ups and downs, I can say losses make great traders eventually. I'm still learning and will keep learning. {quote} Please read my previous post for the reply.
You have been a fantastic mentor. Respect!
You can't backtest emotions.
Greepgp Rotten Vegetable If I show you one Photo of mine on a Trading Forum Right they will all crumble Indian girls on my foot wanting to have a Taste of Thunder

Anyway Usdjpy So Sell it is. I Had previous posted I had Shorts on with targets around 108.400 but it was tricky the price kept creeping up and looked like it was going to be a breakout in Buy Direction

Anyway Let See if 108.400 get hit which is my TP Target

Lets See
Quoting Ihlas
First target is eliminated, now the second and then the third. I have marked them two or three days ago. I think I am posting too much. Have a nice day guys. {image}


Huge drawdown

Small profit

Poor Risk Reward.

No SL with combined 50 lot traded.

This consider as poor trades.

Take this criticism as positive even tho' you're a professional trader.

Peace

Here's you updated chart
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Quoting Georginson
{quote} The only meaningful book I read on forex trading is babypips school of pipsology. I have just been a full time trader of pound dollar since 2011. With lots of ups and downs, I can say losses make great traders eventually. I'm still learning and will keep learning. {quote} Please read my previous post for the reply.
"babypips" an absolute must for learners (before starting trading)
If you are new to Forex? Say Goodbye to your account!!
Quoting mysterio
Time to call it a day before I take any revenge trades! Re-assess things tomorrow- a couple of flat, fruitless days, not ideal! No damage done, at least. Congrats to those who managed to lock in profits. Still not sure why I didn't cash out when I had 14xR running earlier-pure greed!
Nothing like taking partials boss. I've always look forward to your contribution here. Love your openness on this. We live to fight another day.
You can't backtest emotions.
That Guy Keeps Acting On My Words HAHAHAHAHAhahahahahahaaaaa
Greepgp You Are Acting on your instincts. I Love Playing With Indian Instincts

HAHA
Quoting Sang.Real
{quote} Huge drawdown Small profit Poor Risk Reward. No SL with combined 50 lot traded. This consider as poor trades. Take this criticism as positive even tho' you're a professional trader. Peace Here's you updated chart {image}

Dear Sang,
This trades were already closed before dropping down. Hit and Run
I decided not to post any trades anymore. Thank you for your big heart. May be I am not professional
This was already taken just posted to make clear my targets. According to the volume. I close all of them according to the volume and momentum.
I don't believe in RR and SNR, Bull and Bear and such terms in fx. It's all about business here. One loses one gains.
I think you will get me right.
I am a little bit impatient but working on it. I am here to smash the fx.
Wish you all the best
Quoting Logician
{quote} Nothing like taking partials boss. I've always look forward to your contribution here. Love your openness on this. We live to fight another day.
Thanks- yeah survival is the name of the game. Time was I'd start shorting that spike out of annoyance but i've learned to stay zen. Can't get it right every time.

I've never actually scaled in or out of positions probably that's something to think about

Unrelated but looking at Gold. I'd held off picking the bottom on this (because it's Gold and its unforgiving). But we've taken out a big daily supply and on the edge of taking out a daily TL. So it might be worth a long term buy in the coming days once it breaks the TL and pulls back
Quoting Georginson
{quote} The only meaningful book I read on forex trading is babypips school of pipsology. I have just been a full time trader of pound dollar since 2011. With lots of ups and downs, I can say losses make great traders eventually. I'm still learning and will keep learning. {quote} Please read my previous post for the reply.

Thank you for your answer.
I think I got your point.
Everything is built on your experience. I am learning everyday too. Why and when? So this game is becoming more beautiful and interesting,
Thank you one more time.
______________________________
Wish you all the best
Quoting Marbas
{quote} And if you just sat on your hands two days and entered longs only on FOMC?) How much could you get? Now you understand where is your problem?
....and how are you so sure that price will move in his direction? This is forex
Looked like a Sell from the Moving Averages But it looked more a potential Higher Low after such a steep fall

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Now Now Now we have the Queens turn. Up Up Up not in the mood

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Right I wait Usdjpy 108.40

Seal the Deal for me in March. AAH Yen Girls

RighT See You

Bye Bye
Quoting Sang.Real
{quote} Huge drawdown Small profit Poor Risk Reward. No SL with combined 50 lot traded. This consider as poor trades. Take this criticism as positive even tho' you're a professional trader. Peace Here's you updated chart {image}

One more thing. And I don't believe that you can only make 5 or 10 percent profit. I would like to say that you can make 100, 200 or even 300 percent a day. You need just precise entries.
But you need to work very very very hard.
Best or nothing
Peace
__________________________________
Sic parvis magna
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