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Cable Update (GBPUSD)

  • #627,801
  • Oct 4, 2021 12:22am Oct 4, 2021 12:22am
Hi everyone,

2 longs for me for now...

I wish Green pips to all!

God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #627,802
  • Oct 4, 2021 12:26am Oct 4, 2021 12:26am
Quoting LvMMT
Hi everyone, 2 longs for me for now... I wish Green pips to all! God bless everyone!
^_^ nice one
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #627,803
  • Oct 4, 2021 12:37am Oct 4, 2021 12:37am
Short tp 261.8 fibo
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  • #627,804
  • Oct 4, 2021 12:43am Oct 4, 2021 12:43am
No Juice in the Market!!!
Don't trade what you think. Just what you see!!!
  • #627,805
  • Oct 4, 2021 12:46am Oct 4, 2021 12:46am
Ideally, I want to see rally to breakout zone/h1 supply to short
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  • #627,806
  • Oct 4, 2021 12:50am Oct 4, 2021 12:50am
1.358 - 1.362 is my target for going short

now im still hold my buy position.. @ 1.3536 with trailing stop +15 so i have Free risk trade
Trade what you see, not what you think.. react and stay sharp..
  • #627,807
  • Oct 4, 2021 1:03am Oct 4, 2021 1:03am
Quoting miedpreneur
1.358 - 1.362 is my target for going short now im still hold my buy position.. @ 1.3536 with trailing stop +15 so i have Free risk trade
still ranging , will in out very quick until hitted asian high and low , still awaiting till my target buy limit hitted
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #627,808
  • Oct 4, 2021 1:05am Oct 4, 2021 1:05am
Jack D. Schwager lessons.

1) There are a million ways to make money on the market. You have to find a path, not THE path.

2)Find a method that fits your personality.

3) Every trading system is going to hit periods where it is not going to do well due to Market news and different agendas from Big players.

4) If you choose someone else's trading system that does not follow your personality - you will fail. (This is why retail traders who want signals from others and success is very short term and not profitable, even so the provider is profitable.)

5) If you do not have an edge, Money management cannot save you.. Money Management will just take you further but if you are not winning at all, your capital will eventually disappear.

6) You need to put it the work. Become a work-alcoholic.

7) General Public are attracted to the markets because it seems like an easy way to make a lot of money. (Successful traders= Hard workers, General Public = Lazy, Quick and Easy money)

8) No one becomes a doctor by just reading medical books.. Same way with Trading, You cannot expect to become profitable by just reading books, watching videos.. you have to get your hand dirty.

9) Trading is probably the only world's profession where the rank amateur (The person that knows absolutely nothing about trading) has a 50/50 chance of being right in the beginning. 10) What fools people is that you can get short term success by pure luck. This cannot happen in any other profession.

11) Good trading should be effortless - the process should be effortless.

12) Most of money management is just following it and doing it.

13) Every trader has to follow their own light.

14) You have to generate your own ideas.

15) Build confidence in what you do.

16) Losing is part of the game.

17) All best traders know that they have won the game before they started. If you know you won, there is no problem taking a loss. It is just part of the game.

18) Retail traders have a need to fulfil their ego of not being wrong.

19) Professional traders understand to win, you have to take losses. It is part of the process. 20) You have to wait for opportunities - you cannot trade all the time.

21) Stay in the right trade and sit it out.

22) Amateurs go broke taking large losses. Professionals go broke taking small profits.

23) Allow your winning trades to pay for your losing trades.

24) You do not want loyalty as a trader. Do not marry set ups or biases. You have to be able to react immediately. (TRADE it, not DATE it)

25) Humans seek comfort but markets do not pay off for being comfortable. Markets pay for taking the uncomfortable position. You have to take calculated risk.

26) You need to have the love and passion for trading - Otherwise you will not be successful.

.
MA provides the market's current direction and strength.
  • #627,809
  • Oct 4, 2021 1:09am Oct 4, 2021 1:09am
H4
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  • #627,810
  • Oct 4, 2021 1:12am Oct 4, 2021 1:12am
Quoting kris89
{quote} still ranging , will in out very quick until hitted asian high and low , still awaiting till my target buy limit hitted
yes.. hati hati aja bro.. jangan ke trap pas ada breakout beneran.. ngeri ngeri sedep soalnya
Trade what you see, not what you think.. react and stay sharp..
  • #627,811
  • Oct 4, 2021 1:13am Oct 4, 2021 1:13am
Quoting hasib
Jack D. Schwager lessons. 1) There are a million ways to make money on the market. You have to find a path, not THE path. 2)Find a method that fits your personality. 3) Every trading system is going to hit periods where it is not going to do well due to Market news and different agendas from Big players. 4) If you choose someone else's trading system that does not follow your personality - you will fail. (This is why retail traders who want signals from others and success is very short term and not profitable, even so the provider is profitable.)...
Nice tips, I love market wizards. I like the one about generating your own ideas as this is the only way you can be confident, especially when you see the money ticking down.
  • #627,812
  • Oct 4, 2021 1:15am Oct 4, 2021 1:15am
G/M, rangy - bullish to start the new week with the move s exceeding the friday hi and friday pullback lo off that hi by just a pip or two...that 3566- circa 3610 potential 4hr+ sbr zone still the 1st real upside obstacle for bulls to overcome.

1hr below.
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Trader with an Edge.
  • #627,813
  • Oct 4, 2021 1:16am Oct 4, 2021 1:16am
Quoting hasib
Jack D. Schwager lessons. 1) There are a million ways to make money on the market. You have to find a path, not THE path. 2)Find a method that fits your personality. 3) Every trading system is going to hit periods where it is not going to do well due to Market news and different agendas from Big players. 4) If you choose someone else's trading system that does not follow your personality - you will fail. (This is why retail traders who want signals from others and success is very short term and not profitable, even so the provider is profitable.)...
This is a masterpiece... Number 6 sums it up.
Data + Stat + Risk/Emotions Management
  • #627,814
  • Oct 4, 2021 1:17am Oct 4, 2021 1:17am
Quoting hasib
Jack D. Schwager lessons. 1) There are a million ways to make money on the market. You have to find a path, not THE path. 2)Find a method that fits your personality. 3) Every trading system is going to hit periods where it is not going to do well due to Market news and different agendas from Big players. 4) If you choose someone else's trading system that does not follow your personality - you will fail. (This is why retail traders who want signals from others and success is very short term and not profitable, even so the provider is profitable.)...

Thank you and God bless you hasib ...

This one.....

26) You need to have the love and passion for trading - Otherwise you will not be successful.

PUT IT FIRST....
The only impartial feeling is love. It is also the only feeling of God.
  • #627,815
  • Oct 4, 2021 1:20am Oct 4, 2021 1:20am
Quoting hasib
Jack D. Schwager lessons. 1) There are a million ways to make money on the market. You have to find a path, not THE path. 2)Find a method that fits your personality. 3) Every trading system is going to hit periods where it is not going to do well due to Market news and different agendas from Big players. 4) If you choose someone else's trading system that does not follow your personality - you will fail. (This is why retail traders who want signals from others and success is very short term and not profitable, even so the provider is profitable.)...

Absolutely right
Trade what you see, not what you think.. react and stay sharp..
  • #627,816
  • Oct 4, 2021 1:34am Oct 4, 2021 1:34am
... real battle going on in this 1hr congestion area now as supply again comes in @ bottom of the 4hr part of the prev 1hr/4hr sw hi zone that extends to 3577...this coexistant with that pot sbr zone on 4hr + 3566-circa 3610.

Which way will it break and will it be a true break?

4hr below.
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Trader with an Edge.
  • #627,817
  • Oct 4, 2021 1:37am Oct 4, 2021 1:37am
Good morning friends.
My market outlook today is downward movement towards 1.347x. So I am on a short. If it goes higher, I will enter another set of shorts. IMO
  • #627,818
  • Oct 4, 2021 1:38am Oct 4, 2021 1:38am
Short Signal @LO Open & Market already formed Fake & Shake Setup
  • #627,819
  • Oct 4, 2021 1:39am Oct 4, 2021 1:39am
Quoting hasib
Jack D. Schwager lessons. 1) There are a million ways to make money on the market. You have to find a path, not THE path. 2)Find a method that fits your personality. 3) Every trading system is going to hit periods where it is not going to do well due to Market news and different agendas from Big players. 4) If you choose someone else's trading system that does not follow your personality - you will fail. (This is why retail traders who want signals from others and success is very short term and not profitable, even so the provider is profitable.)...

i said something like this before.
build your own house that when you are blindfolded you can find ur way out

a trading system is like a house building you need to structure how you want it to be.
MY OPINION NOT FINANCIAL ADVISE
  • #627,820
  • Oct 4, 2021 1:41am Oct 4, 2021 1:41am
He is wrong, no 3. happens ALL the time

Too much universal truths for my liking but nice to print out and nod admirably every time you read it.

Quoting hasib
Jack D. Schwager lessons.

….

3) Every trading system is going to hit periods where it is not going to do well due to Market news and different agendas from Big players.

.,,
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