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Cable Update (GBPUSD)

  • #608,001
  • Jul 8, 2021 6:28am Jul 8, 2021 6:28am
Quoting Pat Chiko
{quote} I'm under performance . Win rate around 43.3%. Low compared to others in this thread. Once border opened, I will swim over to Singapore to meet you and chatting over coffee.
Maybe M will teach you astronomy and different moon cycles to help you reach higher?
How to succeed in zero sum game?
  • #608,002
  • Jul 8, 2021 6:30am Jul 8, 2021 6:30am
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wait bearish confirmation for entry
Like me, cuts losses quickly. But has more patience and lets his winn
  • #608,003
  • Jul 8, 2021 6:31am Jul 8, 2021 6:31am
Quoting Madanmohanca
EURUSD already in uptrend GBPUSD also will kick start to move up attached EURUSD screen {image}
Difference between this two in a range in a range, I expect ~1.383 to synchronize
Attached Image
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Air force
  • #608,004
  • Jul 8, 2021 6:31am Jul 8, 2021 6:31am
Quoting BeeTogether
{quote} pivot before we reach S2 me thinking
Ye anything can happen I think that was just 0.618 pullback though. I figure this level can support DXY and will be the catalyst for a drop now
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  • #608,005
  • Jul 8, 2021 6:32am Jul 8, 2021 6:32am
Quoting mrluckystar
Too much rejection at lower on H1.. Eu flying... {image}
it's flying because of EURGBP
I think EU to resume downtrend once EURGBP will calm
  • #608,006
  • Jul 8, 2021 6:33am Jul 8, 2021 6:33am
Quoting dempire1
{quote} Maybe M will teach you astronomy and different moon cycles to help you reach higher?
These constellations may help
Attached Image (click to enlarge)
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  • #608,007
  • Jul 8, 2021 6:37am Jul 8, 2021 6:37am
Quoting Marbas
{quote} it's flying because of EURGBP I think EU to resume downtrend once EURGBP will calm
that the problem.. eu corelates well with usdx

if usdx a bit stronger (eu down), gu will have hard dive..
Peace Yo!
  • #608,008
  • Jul 8, 2021 6:41am Jul 8, 2021 6:41am
Quoting mrluckystar
{quote} that the problem.. eu corelates well with usdx if usdx a bit stronger (eu down), gu will have hard dive..
its correct EURUSD has a biggest part of USD pairs in DX index.
60% or more, i dont remember
  • #608,009
  • Jul 8, 2021 6:50am Jul 8, 2021 6:50am
Quoting Marbas
{quote} its correct EURUSD has a biggest part of USD pairs in DX index. 60% or more, i dont remember
57,6%
  • #608,010
  • Jul 8, 2021 6:59am Jul 8, 2021 6:59am
One more days for boring trade
Attached Image (click to enlarge)
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  • #608,011
  • Jul 8, 2021 7:04am Jul 8, 2021 7:04am
Quoting mysterio
{quote} Ye anything can happen I think that was just 0.618 pullback though. I figure this level can support DXY and will be the catalyst for a drop now {image} {image}
Away it goooes

Euro a great short too ( I think ), not taking it though just on GU
  • #608,012
  • Jul 8, 2021 7:05am Jul 8, 2021 7:05am
Doh doh doh Bye bye 138
Insane in the Brain..
  • #608,013
  • Jul 8, 2021 7:06am Jul 8, 2021 7:06am
Quoting Pat Chiko
{quote} That wouldn't be much problem for you as you're doing well making money over the trade. You can afford to buy couples of mouse and mice to handle your trade. I'm in much worse condition, broke my key board and mouse. I scalp the pair intensely everyday, not being able to post all in this thread. Unfortunately, Losing trading number are far much greater than winning number of trades. Here are my performance. Below par. {image}{image}{image}
Classic example of how important MM is. Thank you for sharing.
  • #608,014
  • Jul 8, 2021 7:07am Jul 8, 2021 7:07am
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ITB - Seeing Orderliness amongst 'Randomness'
  • #608,015
  • Jul 8, 2021 7:10am Jul 8, 2021 7:10am
Bought at 1.3746, target 1.3786, stop 1.3700.
Data + Stat + Risk/Emotions Management
  • #608,016
  • Jul 8, 2021 7:10am Jul 8, 2021 7:10am
easy money
3 win * 20 pips = profit 60 pips
1 loss * 10 pips = loss 10 pips

total profit 50 pips
Attached Image (click to enlarge)
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yes yes yes
  • #608,017
  • Jul 8, 2021 7:15am Jul 8, 2021 7:15am
Quoting Loey
{quote} Classic example of how important MM is. Thank you for sharing.

There is no right or wrong way to chart
There is no right or wrong way to analyze markets
There is no right or wrong way to trade
The only thing that matters is cutting losses quickly and giving profits a chance to grow -- accomplish this and nothing else matters

Cutting losses quickly, So true!
But, Why do traders find it so difficult?
They go into a panic mode and keep watching it as it go down but don't react, each time, why such a mental block?
Why does the mind do not accept to take a small loss.

That's how I trade everyday. No mercy to losses.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #608,018
  • Jul 8, 2021 7:15am Jul 8, 2021 7:15am
... back updating charts

Price has entered 4hr part of prev 1hr/4hr/minor dly sw lo zone to 3731 (last friday's pre-nfp and dly lo) =prev supp = pot supp, this coexistent with a prev 4hr/dly x 2 sw lo zone to 3715 = prev supp = pot supp. Wkly S1 circa 3729. Downside Ascending t/line breaches on 1hr/4hr/dly in the fall.

dly below.
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Trader with an Edge.
  • #608,019
  • Jul 8, 2021 7:15am Jul 8, 2021 7:15am
Quoting Moty
easy money 3 win * 20 pips = profit 60 pips 1 loss * 10 pips = loss 10 pips total profit 50 pips {image}
why not 2 trade per setup with 20 & 40 tp?
every setup risk half..
Peace Yo!
  • #608,020
  • Jul 8, 2021 7:19am Jul 8, 2021 7:19am
Quoting Pat Chiko
{quote} There is no right or wrong way to chart There is no right or wrong way to analyze markets There is no right or wrong way to trade The only thing that matters is cutting losses quickly and giving profits a chance to grow -- accomplish this and nothing else matters Cutting losses quickly, So true! But, Why do traders find it so difficult? They go into a panic mode and keep watching it as it go down but don't react, each time, why such a mental block? Why does the mind do not accept to take a small loss. That's how I trade everyday. No mercy...
I bow down to the way that you trade and make money, but I make money doing the complete opposite to you, just a thought
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