Closed Gbpchf long at loss and am now short
30+ pips now
!! Radha Radha !!
Cable Update (GBPUSD)
- #698,084
- Oct 19, 2022 6:07am Oct 19, 2022 6:07am
- Joined Aug 2018 | Status: Research Analyst | 4,292 Posts
Data + Stat + Risk/Emotions Management
- #698,086
- Oct 19, 2022 6:09am Oct 19, 2022 6:09am
- Joined Apr 2020 | Status: Risk -> Coffee -> Profit -> Repeat | 1,380 Posts
Added another bucket to drain extra pips into my account
WARNING: This post warps space and time in its vicinity.
- #698,088
- Oct 19, 2022 6:10am Oct 19, 2022 6:10am
- | Commercial User | Joined Jul 2021 | 3,280 Posts
My telegram: https://t.me/avidforex
- #698,090
- Oct 19, 2022 6:14am Oct 19, 2022 6:14am
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} M5 & M15 were no longer looking very convincing to keep selling so I thought it best to just get out with a small loss that is still covered by the earlier win. I think that billytt was right, I entered right on top of strong support, and that was bad. It tried to break support a few times and in the end I decided that I didn't want to keep a trade that I couldn't protect. It was an all round bad trade for me.
It might help more and less painful.
Try to brainwash yourself to make your entry point where you would put your SL. Remember, institution is not your friend and will do anything to cheat on you for your SL. SInce you and I cannt go against these guys, but we can be on the same ride as them.
More time in the market, does not mean you trade better!
- #698,091
- Oct 19, 2022 6:15am Oct 19, 2022 6:15am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #698,094
- Oct 19, 2022 6:19am Oct 19, 2022 6:19am
- Joined Dec 2015 | Status: Trader | 2,290 Posts
Trendlines H1,H4, SMC
- #698,095
- Oct 19, 2022 6:20am Oct 19, 2022 6:20am
- Joined Aug 2008 | Status: Trader | 3,990 Posts
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #698,096
- Oct 19, 2022 6:21am Oct 19, 2022 6:21am
- Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts
{quote} Don't trade price action only. Try to trade a zone(support and resistance) with PA confirming whether the support/ resistance will hold or break. It might help more and less painful.
I think I will go have a shower, play my guitar and then go to my bed.
I hope you all make lot's of pips in NY market
Indiara
I am neither brave nor stupid...I am just a part time trader
- #698,097
- Oct 19, 2022 6:22am Oct 19, 2022 6:22am
- Joined Sep 2017 | Status: Trader | 4,364 Posts
Trade to trade another day
- #698,098
- Oct 19, 2022 6:23am Oct 19, 2022 6:23am
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} I will have to do something, for sure, because my trading has gone from bad to worse! I think I will go have a shower, play my guitar and then go to my bed.
More time in the market, does not mean you trade better!