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Cable Update (GBPUSD)

  • #691,721
  • Oct 4, 2022 9:26pm Oct 4, 2022 9:26pm
Quoting Robinhood1
{quote} Stop using MT4/5, ctrader or tradingview, thatīs the key
So what are you using?
  • #691,722
  • Oct 4, 2022 9:45pm Oct 4, 2022 9:45pm
Quoting Robinhood1
{quote} Hi TV Taking your advise would not have been wise. It reached my target. This is why i always stick to my plan, not bothered about what others say. Cheers {image}
Hi RH,
my view about BTC ist long term, i don't trade Crypto.
Always stick to YOUR PLAN!!
Trade safe!!
  • #691,723
  • Oct 4, 2022 9:50pm Oct 4, 2022 9:50pm
Quoting Fardeen1209
{quote} I'm long to the resistance 1.1480 Good Point, Missed that minor RSF. Will used it as PTP, then if not broken, will move SL to BE
Was this close to BE
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More time in the market, does not mean you trade better!
  • #691,724
  • Oct 4, 2022 9:56pm Oct 4, 2022 9:56pm
Quoting Fardeen1209
{quote} Was this close to BE {image}
and just then someone opened a bottle of ............... and price went rushing back up
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  • #691,725
  • Oct 4, 2022 9:56pm Oct 4, 2022 9:56pm
Quoting Robinhood1
{quote} Stop using MT4/5, ctrader or tradingview, thatīs the key
So what are you using Ninja trader?
More time in the market, does not mean you trade better!
  • #691,726
  • Oct 4, 2022 9:59pm Oct 4, 2022 9:59pm
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  • #691,727
  • Oct 4, 2022 10:01pm Oct 4, 2022 10:01pm
They start talking about NO More EASING
Something might come from Japan
Attached Image (click to enlarge)
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More time in the market, does not mean you trade better!
  • #691,728
  • Oct 4, 2022 10:06pm Oct 4, 2022 10:06pm
Quoting Pat Chiko
{quote} 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...
lol again
https://breakpullback.com
  • #691,729
  • Oct 4, 2022 10:19pm Oct 4, 2022 10:19pm
Quoting Fardeen1209
They start talking about NO More EASING Something might come from Japan {image}
easing weakens yen, so if they do not then 145 may be the top
  • #691,730
  • Oct 4, 2022 10:22pm Oct 4, 2022 10:22pm
Hello friends

I managed to get here a bit early today, but I don't think that will really help me much. I see that the good move last night was again in the NY session, so I hope that the NY traders did well

My UJ trade is now at about +90, and I will let it run. I want to add another Sell when it breaks into 143 price range, and I will hold that one too. I will call the UJ trades 'Christmas Bonus'

Attached Image (click to enlarge)
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I am neither brave nor stupid...I am just a part time trader
  • #691,731
  • Oct 4, 2022 10:25pm Oct 4, 2022 10:25pm
Quoting PatienceFx
{quote} easing weakens yen, so if they do not then 145 may be the top
Currently they sit with an easing Monetary Policy where BOJ keep buying Billions/Trillions of JGBs and a Rate of -0.1%.
IF they plan to NO more easing, YEN will gain strength, We might see 137 or below!
For the time being we are not sure, since it is the first 'important' Japanese's figure talking something Hawkish.
So better to let time tells what they will do!
More time in the market, does not mean you trade better!
  • #691,732
  • Edited 11:22pm Oct 4, 2022 10:30pm | Edited 11:22pm
my view
above S = long
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Trendlines H1,H4, SMC
  • #691,733
  • Oct 4, 2022 10:31pm Oct 4, 2022 10:31pm
Quoting Fardeen1209
{quote} Currently they sit with an easing Monetary Policy where BOJ keep buying Billions/Trillions of JGBs and a Rate of -0.1%. IF they plan to NO more easing, YEN will gain strength, We might see 137 or below! For the time being we are not sure, since it is the first 'important' Japanese's figure talking something Hawkish. So better to let time tells what they will do!
good thing about UJ is it moves in weekly chart waves, single direction for whole year
  • #691,734
  • Oct 4, 2022 10:34pm Oct 4, 2022 10:34pm
Quoting Fardeen1209
{quote} Currently they sit with an easing Monetary Policy where BOJ keep buying Billions/Trillions of JGBs and a Rate of -0.1%. IF they plan to NO more easing, YEN will gain strength, We might see 137 or below! For the time being we are not sure, since it is the first 'important' Japanese's figure talking something Hawkish. So better to let time tells what they will do!

If Kuroda San stops easing, Indiara will take 'bold action' and add more Sells trades!!
I am neither brave nor stupid...I am just a part time trader
  • #691,735
  • Oct 4, 2022 10:38pm Oct 4, 2022 10:38pm
i hope the weight does not squish UJ to 90
  • #691,736
  • Oct 4, 2022 10:40pm Oct 4, 2022 10:40pm
Quoting PatienceFx
{quote} i hope the weight does not squish UJ to 90
I would remove the weight at 100
I am neither brave nor stupid...I am just a part time trader
  • #691,737
  • Oct 4, 2022 10:44pm Oct 4, 2022 10:44pm
Quoting WizardTrade
Heading towards 1.159xx before any down move. PS: Lost one of my accounts this Monday that will stay for few months here so that everyone knows there is no shortcut to money . The Challenge account is intact and I will keep trading it.
Long again. Target 1.159xx today
WARNING: This post warps space and time in its vicinity.
  • #691,738
  • Oct 4, 2022 10:49pm Oct 4, 2022 10:49pm
Quoting Pat Chiko
{quote} 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...
Hedging is the way to go King Pat!
WARNING: This post warps space and time in its vicinity.
  • #691,739
  • Oct 4, 2022 10:51pm Oct 4, 2022 10:51pm
Quoting Pat Chiko
{quote} Thanks Fardeen. I follow you. This is my short set up . Any comment welcome{image}
GU

Short
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #691,740
  • Oct 4, 2022 10:59pm Oct 4, 2022 10:59pm
Quoting Pat Chiko
{quote} GU Short{image}
TP and SL??
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