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Cable Update (GBPUSD)

  • #691,581
  • Oct 4, 2022 9:32am Oct 4, 2022 9:32am
Quoting Pat Chiko
{quote} GBP JPY Long scalping.. {image}
GBP JPY

Sometimes, they can get very naughty with you.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #691,582
  • Oct 4, 2022 9:33am Oct 4, 2022 9:33am
Early entry off the 1.14084 target going short, this is nothing but testing the waters, until I get a clear change of structure on 5min chart on this area.
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Plan your trades and trade your plan.
  • #691,583
  • Oct 4, 2022 9:34am Oct 4, 2022 9:34am
Go on my beauty, need a big push to R2
  • #691,584
  • Oct 4, 2022 9:39am Oct 4, 2022 9:39am
Quoting bilal1947
Short EU at with 10pip SL hopefully i can make something today. {image}
I am in it with you ... shorted at the tip almost with a 0 pip drawdown
hopefully it melts
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  • #691,585
  • Oct 4, 2022 9:41am Oct 4, 2022 9:41am
Quoting bilal1947
Short EU at with 10pip SL hopefully i can make something today. {image}
Good luck.

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  • #691,586
  • Oct 4, 2022 9:42am Oct 4, 2022 9:42am
Quoting Waveskierrob
{quote} I have LONG's GU from 1.1440 averaging down to 1.0580, no sweat because I have good MM on my side
Will take a 40 pip looosss (think that's how you spell it)...but very happy with my patience
  • #691,587
  • Oct 4, 2022 9:47am Oct 4, 2022 9:47am
Quoting tenkanzen
{quote} Good luck. {image}
"Exchange of hands"
  • #691,588
  • Oct 4, 2022 9:51am Oct 4, 2022 9:51am
It would be nice to do a test in the area 1.0930/1.0830
It seems like a great place to buy

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  • #691,589
  • Oct 4, 2022 9:59am Oct 4, 2022 9:59am
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Went deep sea diving!
  • #691,590
  • Oct 4, 2022 10:09am Oct 4, 2022 10:09am
Sad really, many follow him
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Master your mind. Master Trading.
  • #691,591
  • Oct 4, 2022 10:15am Oct 4, 2022 10:15am
Quoting KareemAliFx
Sad really, many follow him {image}
There is nothing wrong with going long with EU since it is on uptrend. Anything can happen. Who know EU will go to 1$ or even higher?

A wise trader once said: "you can fight with anything but not the trend or you dig a grave for yourselves."
With courage, patience, and discipline, success is a matter of time.
  • #691,592
  • Oct 4, 2022 10:16am Oct 4, 2022 10:16am
Quoting Waveskierrob
{quote} Will take a 40 pip looosss (think that's how you spell it)...but very happy with my patience

Quchhhh..........

You took a scenic routes for a 1080 pips round trip ( 1080X2 pips)
Even Elon Musk don't dare to do that stunt
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Congrats Waveskie, patience pays
But, I wonder how you can hold you pee and nerve at the same time..?
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #691,593
  • Oct 4, 2022 10:19am Oct 4, 2022 10:19am
Quoting JameRomeo168
{quote} There is nothing wrong with going long with EU since it is on uptrend. Anything can happen. Who know EU will go to 1$ or even higher? A wise trader once said: "you can fight with anything but not the trend or you dig a grave for yourselves."
his posts earlier was bearish and look at his mindset. he said "there is no way 0.9900 will be breached" very funny
Master your mind. Master Trading.
  • #691,594
  • Oct 4, 2022 10:20am Oct 4, 2022 10:20am
Quoting JameRomeo168
A wise trader once said: "you can fight with anything but not the trend or you dig a grave for yourselves."
wise indeed, ask me how i've learned my lesson
  • #691,595
  • Oct 4, 2022 10:21am Oct 4, 2022 10:21am
Quoting Pat Chiko
{quote} Quchhhh.......... You took a scenic routes for a 1080 pips round trip ( 1080X2 pips) Even Elon Musk don't dare to do that stunt {image} Congrats Waveskie, patience pays But, I wonder how you can hold you pee and nerve at the same time..?{image}
I could say I was hedging all the way down from 1.1440 but that would be "after the fact" and as we know anyone can post profits sometime after ...
  • #691,596
  • Oct 4, 2022 10:29am Oct 4, 2022 10:29am
Quoting KareemAliFx
{quote} his posts earlier was bearish and look at his mindset. he said "there is no way 0.9900 will be breached" very funny

Oh, so this man need to be sent to North Korea so can learn more discipline. I guess he will be better and won't tell people to switch from long to short and short to long according to his thinking after coming back.
With courage, patience, and discipline, success is a matter of time.
  • #691,597
  • Oct 4, 2022 10:33am Oct 4, 2022 10:33am
Quoting JameRomeo168
{quote} Oh, so this man need to be sent to North Korea so can learn more discipline. I guess he will be better and won't tell people to switch from long to short and short to long according to his thinking after coming back.
Ya funny thing is he banned people for doing that I think that’s why I was banned
Master your mind. Master Trading.
  • #691,598
  • Edited 11:15am Oct 4, 2022 10:34am | Edited 11:15am
one more try with 10pip on GU this time, all these are aggressive entries though and not recommended.

and this BE hit. it is always better to get out of trade rather hedge, entry after entry. it is not peace of mind it is a mess otherwise.
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"Exchange of hands"
  • #691,599
  • Oct 4, 2022 10:34am Oct 4, 2022 10:34am
Quoting Wavegarrick
{quote} My two add in buy trades as posted here on Friday locked in at breakeven and some. We are at important levels and also a flip zone 1.135000 and 1.140000 above, important for bulls to gain the ascendancy, or do we go down back below? Take care, Cheers. {image}
We started the 4th quarter of the year above 1.10000 with a bang, so 1.15000 is an attractive target for bulls seeing we are above 1.12500 mid quarter point. Pull backs towards 1.12500 can be seen as buy opportunities.
Cheers.
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Trade to trade another day
  • #691,600
  • Oct 4, 2022 10:36am Oct 4, 2022 10:36am
Quoting Waveskierrob
{quote} I could say I was hedging all the way down from 1.1440 but that would be "after the fact" and as we know anyone can post profits sometime after ...
Yes, agreed on hedging is the best way for mint money consistently from Forex/Indexes without any SL hit.
Many trader's are loosing money just by placing Stop losses.
One need to learn to be patient and when it’s time be ruthless with no hesitation.

So if applied correctly , hedging has the ability to greatly reduce losses .
Instead of a stop loss , hedge the position.

Obviously this will not work as well in a trending market or if the prices are at historically high or low levels.
This really appeals to me.I HATE LOSSES!There will be times when a stop loss will be inevitable , but if you are able to monitor the situation ,with some patience and no doubt practice , losses could and should be greatly reduced.


As for me , I use Stop Loss all the time. It's hard for me to explain it ,as my English is very bad
Therefore, I just put some pic on what I think what Stop Loss is all about.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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