DislikedOk new strategy for me. This scalping for big money is not working. Next week trying for no more than 50 pips a day. Over multiple trades.Ignored
PS Pat Chiko aka Sang Real makes like 1m pips daily . Hot sniper
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedOk new strategy for me. This scalping for big money is not working. Next week trying for no more than 50 pips a day. Over multiple trades.Ignored
Disliked{quote} Not trading it because it's post NFP and too unpredictable I just found it's quite a common pattern for cable to fake out either side of the Asian range and then continue in the direction of the side it first faked out presumably for liquidity reasons. I guess a lot of traders set stops and limits on either side of the overnight range so its common hunting ground. Manipulation is very common during NFP so if we expect the trend to continue, the MMs could easily target this area for liquidity to continue down. It's complicated by the fact...Ignored
Disliked{quote} That's great man. Doing the analysis is one thing but having the patience and courage to execute on both sides of the trade is a whole other thing entirely. I got in at 1.40 and out at 1.39 the next day but even that took a lot for me. Having the courage of your convictions in trading requires the kind of confidence that comes from experience. I pretty much have to scalp at my stage because I don't have the emotional control to hold trades over several days.Ignored
Disliked{quote} Ahh worth a punt, TP open lock in after 10 pips. Will cut immediately if it turns around, dont want to give back anything. Edit-stopped at BE @ 15:55, forget it, nothing's going to happen at this time. {image}Ignored
DislikedBought at 1.3764 target 1.3800, stop 1.3725. I expect NFP result to be bad for USD tomorrow... TOMORROW range should be between 1.3730 - 1.3800, so 1.3800 tomorrow is imminent no matter what the data says.Ignored