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Cable Update (GBPUSD)

  • #609,601
  • Jul 15, 2021 4:06am Jul 15, 2021 4:06am
Quoting Pat Chiko
{quote} GU Scalp short {image}

GU

Add short scalping

Attached Image (click to enlarge)
Click to Enlarge Name: gu 111.jpg Size: 123 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #609,602
  • Jul 15, 2021 4:07am Jul 15, 2021 4:07am
Quoting mysterio
{quote} Yea exactly. Was a double trap on the way down because they took out the long from the overnight range and went for the triangle/TL liquidity and no doubt trapped some breakout shorts to go long with Up!
Nothing changes on dxy they're just building up shorts
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.jpg Size: 218 KB
  • #609,603
  • Jul 15, 2021 4:07am Jul 15, 2021 4:07am
Quoting KiwiTrada
{quote} us$ taking a bit of hit, but some us pairs hitting respective S&R,s waiting the reactions!!
waiting for gold to pop north then will be looking for reversal pattern??
If you are new to Forex? Say Goodbye to your account!!
  • #609,604
  • Jul 15, 2021 4:08am Jul 15, 2021 4:08am
Attached Image
  • #609,605
  • Jul 15, 2021 4:08am Jul 15, 2021 4:08am
Quoting Pat Chiko
{quote} GU Level to short. {image}
Nice account size bossku
Sometimes the only missing piece you look for is money management.
  • #609,606
  • Jul 15, 2021 4:09am Jul 15, 2021 4:09am
Attached Image
  • #609,607
  • Jul 15, 2021 4:15am Jul 15, 2021 4:15am
Quoting Pat Chiko
{quote} GU Add short scalping {image}
GU

Add few more scalping position

SL /TP in place.

Now , just manage the trade

Attached Image (click to enlarge)
Click to Enlarge Name: gu 112.jpg Size: 130 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #609,608
  • Jul 15, 2021 4:16am Jul 15, 2021 4:16am
... last closed 1hr bullish candle a piercing pattern (opposite of dark cloud cover)....5min bearish hidden div @ prev 1hr minor sw lo zone....will it result in a new lo? With that candle before it on 1hr I think it is a lower probability, also because there is no 30min/1hr downtrend to enter after a pullback so not an optimum set-up. But not impossible? Love these rangy days. 5min, then 1hr below.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 3bd8084c03de870c22f47cdcaefdba5a.png Size: 51 KB
Click to Enlarge Name: 4ac0d333ad2732446bd3c4399c40e3b5.png Size: 56 KB
Trader with an Edge.
  • #609,609
  • Jul 15, 2021 4:25am Jul 15, 2021 4:25am
Quoting kris89
its coming , the breaker of 1.3800 will soon come until NYO to correction and continue if we lucky 1.38500 will be tested once again before real dump break
its tested . lets see how the magic workout , we should let the PA do their jobs and we take the profit
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #609,610
  • Jul 15, 2021 4:26am Jul 15, 2021 4:26am
Quoting Pat Chiko
{quote} Hi Milan. I don't use pips. I use R:R It is 1:2 R:R {image}
please how do you determine your SL level in getting your RR. Or is it the TP you determine first?

thanks for your help & rgds
  • #609,611
  • Jul 15, 2021 4:30am Jul 15, 2021 4:30am
Quoting ayoayo
{quote} please how do you determine your SL level in getting your RR. Or is it the TP you determine first? thanks for your help & rgds

ayoayo

Determine you stop loss first.

That's the amount you are willing to lose in case you're wrong.

Then, if you're right, determine TP by using R:R factor.

Sometimes, you've to cut profitable trade early as it reach level for reversal

Example of this was my previous Long Scalping trade, where I cut my TP early as price already reach untested Supply zone.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #609,612
  • Jul 15, 2021 4:32am Jul 15, 2021 4:32am
Quoting m89
{quote} Nice account size bossku
It's Demo account only Boss ku
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #609,613
  • Jul 15, 2021 4:32am Jul 15, 2021 4:32am
Quoting Pat Chiko
{quote} ayoayo Determine you stop loss first. That's the amount you are willing to lose in case you're wrong. Then, if you're right, determine TP by using R:R factor. Sometimes, you've to cut profitable trade early as it reach level for reversal Example of this was my previous Long Scalping trade, where I cut my TP early as price already reach untested Supply zone.
MM ( Money Management )
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #609,614
  • Jul 15, 2021 4:33am Jul 15, 2021 4:33am
Quoting Pat Chiko
{quote} It's Demo account only Boss ku
Hahaha


Look closely at the top of your chart. LIVE
#Stay blue. /swinger/scalper/
  • #609,615
  • Jul 15, 2021 4:42am Jul 15, 2021 4:42am
Quoting Pat Chiko
{quote} Hi J, Got my eye on GU 1.37764 Isn't it You number ?
Hey Pat,

Great catch btw. My next junction is at 1.37146. Your level seems legit for scalp trades

Keep well bro
  • #609,616
  • Jul 15, 2021 4:45am Jul 15, 2021 4:45am
Quoting Pat Chiko
{quote} GU Level to short. {image}

What are your average statistics of:

Risk Reward ratio
% of risk per trade
% of profit monthly (or annually)
Your account is 300k, what is the fee for commission, swap monthly?
  • #609,617
  • Jul 15, 2021 4:53am Jul 15, 2021 4:53am
last entry price went 13 pips down and reversed , so you can called it be ,
because a good trader will move sl to be after price reached half way .
now , another try to gain 25 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 37 KB
yes yes yes
  • #609,618
  • Jul 15, 2021 4:54am Jul 15, 2021 4:54am
...this current 1hr candle at least trying to be at least dark cloud cover?
Trader with an Edge.
  • #609,619
  • Jul 15, 2021 5:00am Jul 15, 2021 5:00am
Quoting BeeTogether
{quote} Looking at the drop it was too fast too hard which usually means it will go back up
GBP data was positive this morning. Market is playing our minds. Long or short? In my view up in long term, down short. For Daily still unclear direction, could ranging either way.

Out of context, I had a morning dream where a big armee of red candles were falling.
My dreams do come true .
  • #609,620
  • Jul 15, 2021 5:04am Jul 15, 2021 5:04am
???
WT
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