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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

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Quoting coyoteuglyxxx
{quote} Out of the long with 16 pts profit, sitting on my hands atm
lol 16pts doesn't pay my spread
jezz... down again. what the..***
Trade with prediction = witch with her visions lol
Long 1.364x-5x tp Open!
have my stop for longs at 3633.

BE + 3 pips

Price unlikely to go below 3639
Intra day only.
Quoting superamigo
{quote} lol 16pts doesn't pay my spread
Yesterday I took a 42 pts loss after moving the stop, hoping that I was right with my long, but I was terribly wrong and decided not to do it again today, so… 16 in the green is ok
Did you place your stop loss order? Why not?!? Story of my life...
If I ruled the market then I would do this, but then I am just a speck of dust in the desert looking for some dessert to eat.
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This is what i've got, i think Bull had to close above 1.36700 support line this day.
but if the lower Wedges Trendline are broken, perhaps..... Cable will go to retest Resistance Become Support level at 1.35200
but if D1 close above lower trendline or above 1.36700, Cable will go for bullish corrective
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Prices are going down to 1.35800
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If it was easy... Everyone would do it!
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Quoting coyoteuglyxxx
{quote} Yesterday I took a 42 pts loss after moving the stop, hoping that I was right with my long, but I was terribly wrong and decided not to do it again today, so… 16 in the green is ok
it is a problem when you are fear about your stop. You cant trade if you are not confortable with your loss.
If this is no stop hunting then it should go as down as 1.3200 by this month.
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Try the simple and make it for you ~
It looks like the market is going to hunt for stops and then start moving up
Lost in Narrative
Quoting Waveskierrob
{quote} Start very basic on demo 2 pip tp each way with no sl ever hour for a day and see how that goes, never ever try to predict the market easier said than done
I just tried this and it worked! It still seems totally insane to me but you must have money management rules and skill at solving the hedge should price shoot through and run away from you… do you always set the TP at 2 pips?

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damn bear
Trade with prediction = witch with her visions lol
Personally expect to stop hunt till 136 and then potentially pick up to 138/1385
Quoting Bainbrito
{quote} I just tried this and it worked! It still seems totally insane to me but you must have money management rules and skill at solving the hedge should price shoot through and run away from you… do you always set the TP at 2 pips? {image}
You expose yourself to tail risk though ? What if the market moves 1000 pips in one direction and gives you a margin call, unlikely but not unheard of
Quoting R4sh
It looks like the market is going to hunt for stops and then start moving up

My trading stop was hit
Lost in Narrative
anyone watching usdcad?
resilience....
Quoting mysterio
{quote} You expose yourself to tail risk though ? What if the market moves 1000 pips in one direction and gives you a margin call, unlikely but not unheard of
Definitely, I see it is super risky, I can see the logic in it too as price often moves sideways and should hit both TP’s. But still. I don’t think I’d want the stress of trying to solve a hedge especially in the situation you described or even a 20 pip move in one direction.
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