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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting MrFanciful
{quote} I have 10 pip TPs
Makes no difference what your TPs are, it's your bank to lot size that matters, how do you think your trading would change if you had a $100,000 bank trading $1 per pip...something to think about
Soon To Be Temporarily Suspended Again
I'm holding longs, I doubt if this market will short anytime soon? I will hold for the whole week to next week
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I'm enjoying the wins because I was once terrified by loses
Erto All Time Return: 6.8%
Quoting Waveskierrob
{quote} Makes no difference what your TPs are, it's your bank to lot size that matters, how do you think your trading would change if you had a $100,000 bank trading $1 per pip...something to think about
Kept explaining that
No one seems to understand

People have been brainwashed to think forex is a get rich scheme business, by trading overleveraged

No wonder they all lose money
COT: The precious data ignored
Quoting Waveskierrob
{quote} Makes no difference what your TPs are, it's your bank to lot size that matters, how do you think your trading would change if you had a $100,000 bank trading $1 per pip...something to think about
I could see myself being incredibly reckless if my TP for a trade was just 0.01% of my balance.
Quoting Erto
I'm holding longs, I doubt if this market will short anytime soon? I will hold for the whole week to next week {image}
im with you on that. Have kept some SL’s at b/e now as this could be a decent rise up will employ a sliding SL
Quoting MrFanciful
{quote} I could see myself being incredibly reckless if my TP for a trade was just 0.01% of my balance.
Then you need to exercise patience, as kuroro says forex is not a get rich scheme, need to build up bank over many years
Soon To Be Temporarily Suspended Again
Quoting eyefeelsix
just anticipate, an uncontrolled increase will be rewarded by a crash decline as well --- soon or later {image}
test short atm
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~ Trading is like a religion.
Quoting Waveskierrob
{quote} Then you need to exercise patience, as kuroro says forex is not a get rich scheme, need to build up bank over many years
if it was I’d be richer than Del Boy and Rodney
You shell not pass 1.21800
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Quoting BeeTogether
{quote} if it was I’d be richer than Del Boy and Rodney
" this time next year "
Soon To Be Temporarily Suspended Again
Quoting Moty
You shell not pass 1.21800 {image}
12190 a big area. Was the former resistance level, if breaks then it’s literally chokes away and up it goes.
I think we are goin down now...
Im trying to open a good short right now
What we see is an "ascending broadening wedge" Pattern right now
so far so good.
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Quoting kuroro001
{quote} Kept explaining that No one seems to understand People have been brainwashed to think forex is a get rich scheme business, by trading overleveraged No wonder they all lose money
I try to keep the safe direction to win, I don't need 100,000 USD, but an intelligent profit.
Of course the leverage is helpful, but it leads to big losses if you lack experience.
Quoting Reverso
Send it down. {image} {image}
Sucks, hit SL when I decided to share the trade once in a blue moon.

Next step is to see where price will close in M15, close above 1.21785 gives a Buy, SL 1.21353, TP around 1.22500

If this is just to take me out and then resume down, then a close below 1.21353 I will take another shot at Short again, SL recent high 1.21890

2nd trade of the day is also the last trade for the day, don't push it.
GBPUSD only, M15 timeframe only. Fixed SL (-2.50%) & TP (+3.75%), R/R: 1.5x
Manually stop the short.
Shorted again.
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Nice
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naked trader ~ GBPUSD only!
Quoting Yngwie
Nice {image}

huge LQ candles.... when the price dont break out now then IDK..
Quoting Fardeen1209
{quote} Take it like a Normal Distribution Curve (google it) you will see after a steeper move, the curve becomes flatter, then top out, reverse. The steeper the curve, the great the momentum will be, and as it gets flatter, indicating buying/selling pressure is fading. As in today's example, your 2nd leg blue line (which is flatter) after it top out (with a gravestone doji on 1hr timeframe), These PA you can easily get 40-50pips for GU while 60-70pips for UJ, which I usually trade these Momentum faded PA setup outside my usual risk management....
Thank you for your complete answer, dear friend
I have researched this wave a lot and if I find any good tips for it I will share it
I pray to rain of GOLD from the sky for you and me
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