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Cable Update (GBPUSD)

  • #640,461
  • Nov 19, 2021 6:33am Nov 19, 2021 6:33am
Quoting donfriday
what i am about to say may sound stupid but its not if you have 1000 account and you are trading 1pips $0.10 you dont need SL why i said this, all you need to do is to work on ur entries trading very lower than ur balance give you a good sound sleep because 100pips mean nothing to ur $1000 balance its just $10 loss if you decide to Breakeven 70% of times we dont see 100pips in a day until days. your SL is to lower ur risk that why some people trade options because it lower there risk since options is based on expiring date.
How about entering at the bottom or top and wait 3-4 weeks and double your account
And get rid of all ratio maths, risk etc
  • #640,462
  • Nov 19, 2021 6:34am Nov 19, 2021 6:34am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 39 KB
yes yes yes
  • #640,463
  • Nov 19, 2021 6:34am Nov 19, 2021 6:34am
Quoting Ihlas
{quote} It's really easy. (Really happy today) It doesn't matter what mode.
where are you targeting
  • #640,464
  • Nov 19, 2021 6:36am Nov 19, 2021 6:36am
Quoting gatenio
{quote} where are you targeting
GU is according to EG target, yet the treasure map say 1.38500 so be it.
Always visits treasure targets Captain Jack Sparrow
  • #640,465
  • Nov 19, 2021 6:38am Nov 19, 2021 6:38am
Quoting donfriday
{quote} we could continue bearish or take a bounce of 134 2 scenario is on the 4hrs chart but the overall trend still bearish...i would love to see a higher near 1.36 level when i see fast movement on friday i often turn to around following week {image}
that breakout is why we saw 1.35
Daily = down
weekly = down
monthly = down
  • #640,466
  • Nov 19, 2021 6:39am Nov 19, 2021 6:39am
Quoting Ihlas
{quote} GU is according to EG target, yet the treasure map say 1.38500 so be it. Always visits treasure targets Captain Jack Sparrow
I have it on my chart, little lower for this impulse (potential)
i want to see price jumping above 1.346/7 and showing support.
than i will add everything i can.

but my initial target it 1.356 area.
  • #640,467
  • Nov 19, 2021 6:40am Nov 19, 2021 6:40am
Quoting donfriday
what i am about to say may sound stupid but its not if you have 1000 account and you are trading 1pips $0.10 you dont need SL why i said this, all you need to do is to work on ur entries trading very lower than ur balance give you a good sound sleep because 100pips mean nothing to ur $1000 balance its just $10 loss if you decide to Breakeven 70% of times we dont see 100pips in a day until days. your SL is to lower ur risk that why some people trade options because it lower there risk since options is based on expiring date.

one of the reasons infact I think it is the only one when it comes to account blown is poor mm..
if u go in light u have options to average the position..also because of ranges, market more often than not will come back

but obviously it will be hard to make ends meet..
  • #640,468
  • Nov 19, 2021 6:53am Nov 19, 2021 6:53am
dxy is unstoppable, it even broke the resistance.
  • #640,469
  • Nov 19, 2021 6:53am Nov 19, 2021 6:53am
Quoting dimitricss
{quote} under water...... short again 1.3456
???? ...green allready..... too fast. 1.3427
Trade with prediction = witch with her visions lol
  • #640,470
  • Nov 19, 2021 6:54am Nov 19, 2021 6:54am
Quoting nAVIN2007
{quote} that breakout is why we saw 1.35 Daily = down weekly = down monthly = down

u are right the trend is bearish ATM


it may continue down or go 136 but if weekly remain close above 13410 then 136 next week IMHO
MY OPINION NOT FINANCIAL ADVISE
  • #640,471
  • Nov 19, 2021 7:00am Nov 19, 2021 7:00am
Quoting Ihlas
Cobra Style Auction for 200 pips starts
  • #640,472
  • Nov 19, 2021 7:01am Nov 19, 2021 7:01am
Quoting gatenio
Load more long 1.3443 no avg for my long ls 1.343
Engulfing hour on my face


time to drink water.
good weekend all.
  • #640,473
  • Nov 19, 2021 7:01am Nov 19, 2021 7:01am
Quoting Ihlas
What is the risk reward ratio who doesn't use SL? For 100 pips: 0:1000?
  • #640,474
  • Nov 19, 2021 7:02am Nov 19, 2021 7:02am
Quoting palpite
buy - 1.3415 sl - 1.3380
trade closed - 1.3415
Together we can be strongest
Vantage Return This Month: na
  • #640,475
  • Nov 19, 2021 7:02am Nov 19, 2021 7:02am
Quoting dimitricss
{quote} ???? ...green allready..... too fast. 1.3427
all closed 1.3415... bye bye red
Trade with prediction = witch with her visions lol
  • #640,476
  • Nov 19, 2021 7:02am Nov 19, 2021 7:02am
Quoting donfriday
{quote} u are right the trend is bearish ATM it may continue down or go 136 but if weekly remain close above 13410 then 136 next week IMHO

Look at the daily, go with the flow
  • #640,477
  • Nov 19, 2021 7:02am Nov 19, 2021 7:02am
Quoting Ihlas
Snaky Big Boys I rock
  • #640,478
  • Nov 19, 2021 7:03am Nov 19, 2021 7:03am
Quoting Ihlas
{quote} It's really easy. (Really happy today) It doesn't matter what mode.
  • #640,479
  • Nov 19, 2021 7:04am Nov 19, 2021 7:04am
Quoting Ihlas
{quote} How about entering at the bottom or top and wait 3-4 weeks and double your account And get rid of all ratio maths, risk etc
  • #640,480
  • Nov 19, 2021 7:07am Nov 19, 2021 7:07am
Quoting Waveskierrob
{quote}


Quoting Waveskierrob
{quote}
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