Cable Update (GBPUSD)

Quoting NotAtrader

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{quote} I understand. Listen why don't you try the approach that i suggested many times? Place a Sell Stop / Buy Stop instead of SL. If the pending hedge gets activated then at least you don't lose the money and then you can work on solving your locked position. This approach changed my life as a trader. If you do this right, you will never lose money again. Believe me. At lest you don't risk anything if you try.

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Quoting NotAtrader

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{quote} I understand. Listen why don't you try the approach that i suggested many times? Place a Sell Stop / Buy Stop instead of SL. If the pending hedge gets activated then at least you don't lose the money and then you can work on solving your locked position. This approach changed my life as a trader. If you do this right, you will never lose money again. Believe me. At lest you don't risk anything if you try.

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Quoting Nd10

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{quote} UAR.. These guys no go kee person

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Quoting NotAtrader

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{quote} I understand. Listen why don't you try the approach that i suggested many times? Place a Sell Stop / Buy Stop instead of SL. If the pending hedge gets activated then at least you don't lose the money and then you can work on solving your locked position. This approach changed my life as a trader. If you do this right, you will never lose money again. Believe me. At lest you don't risk anything if you try.

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Quoting KevinZeng

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{quote} If today I sell cable @1. 412 and buy @1.414, how to solve the locked position?

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Quoting mysterio

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{quote} Just closed.. hard to trade with just a phone but its possible! Should have waited for the dip back into the zone but it was clear the bulls would win this mini battle {image}

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Quoting mysterio

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{quote} Just closed.. hard to trade with just a phone but its possible! Should have waited for the dip back into the zone but it was clear the bulls would win this mini battle {image}

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Quoting NotAtrader

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{quote} I cannot answer this question as we don't know how the market situation will develop. First you have to see where the price goes and if it goes wrong then put pending hedge instead of SL. If this pending hedge comes in profit, you have to see if you can close it on BE when the price retraces. After the hedge is closed at BE, hopefully the price continues and your initial trade will recover. This is the simplest way to explain this approach, but of course there's much more to it. You need to study solving locked positions.

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Quoting info4saeed

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A change in the spreads indicates that special news has occurred

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Quoting Moty

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bears trap {image} {image}

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Quoting Nd10

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{quote} My bro Wetin man go do na. We move still. Hope maybe one day we go relate on a private level

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Quoting BeeTogether

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Short now 14170

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