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Cable Update (GBPUSD)

  • #720,621
  • Jan 13, 2023 4:09am Jan 13, 2023 4:09am
Quoting eyefeelsix
{quote} I didn't get too much profit that I wanted it but I'm survived, Waiting blue zone to take short again, why short? because long is too late for me. Have a great day & Weekend to all {image}
Hey Bro.

You're doing okey.
Sometimes, it get slow for some reason, to control our emotion and over confidence.
Time will come, when you start to strike the jackpot again.
I know you can...

We got to get rid of that mindset where we think high accuracy is what is needed to be profitable in the trading industry.
That is what’s messing us up.

"Capital protection before reward generation." - Sang Real
This is the name of the game―something that took me way too long to grasp.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #720,622
  • Jan 13, 2023 4:11am Jan 13, 2023 4:11am
Quoting mysterio
{quote}let's see. Stops to BE and check in the afternoon {image}
this imbalance has to hold, or I get out BE.
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  • #720,623
  • Jan 13, 2023 4:15am Jan 13, 2023 4:15am
...there is a longer-term descending trend line that connects 3749 with 2445 that comes thru on this dly candle circa 2320-30.
Trader with an Edge.
  • #720,624
  • Jan 13, 2023 4:16am Jan 13, 2023 4:16am
Quoting BigNumbers
{image} Weekly quote: I haven't failed, I've just found 10,000 ways that won't work

I took this BTCUSD trade on Monday and I posted it on this forum. And it was about 180 pips and Tp is hit.

Now I am posting another one. If the weekly candle does not reject today this trade would hold and Tp is about 250 pips.

Good luck.
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My telegram: https://t.me/avidforex
  • #720,625
  • Jan 13, 2023 4:18am Jan 13, 2023 4:18am
Come on drop you mf
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yes yes yes
  • #720,626
  • Jan 13, 2023 4:18am Jan 13, 2023 4:18am
Quoting Georginson
Sold 1.2235, stop at 1.2265, target 1.2025...
Closed @ 1.2238... -3 pips. Sellers are not convinced yet... I will reenter lower if it gets to 1.2197, otherwise I do comfortably sell at 1.23 area...
Data + Stat + Risk/Emotions Management
  • #720,627
  • Jan 13, 2023 4:18am Jan 13, 2023 4:18am
Quoting Pat Chiko
{quote} Hey Bro. You're doing okey. Sometimes, it get slow for some reason, to control our emotion and over confidence. Time will come, when you start to strike the jackpot again. I know you can... We got to get rid of that mindset where we think high accuracy is what is needed to be profitable in the trading industry. That is what’s messing us up. "Capital protection before reward generation." - Sang Real This is the name of the game―something that took me way too long to grasp.
Hi Bro Pat, yes the art of trading
https://breakpullback.com
  • #720,628
  • Jan 13, 2023 4:22am Jan 13, 2023 4:22am
i am waiting for GBPUSD to go above 1.22493. If it does take it to the bank….
My telegram: https://t.me/avidforex
  • #720,629
  • Jan 13, 2023 4:24am Jan 13, 2023 4:24am
What would @Coreg2004 say on this?
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  • #720,630
  • Jan 13, 2023 4:25am Jan 13, 2023 4:25am
Quoting Moty
Come on drop you mf {image}
not easy, gu is up on all charts, of course a low can be good to go higher again
  • #720,631
  • Jan 13, 2023 4:31am Jan 13, 2023 4:31am
Ready to drop
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Using Chaos to Finding Order
  • #720,632
  • Jan 13, 2023 4:32am Jan 13, 2023 4:32am
Quoting mysterio
{quote}this imbalance has to hold, or I get out BE. {image}
Safe for now!
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  • #720,633
  • Jan 13, 2023 4:38am Jan 13, 2023 4:38am
I've always been surprised at how many differences there are between traders, from fairy tails to...nothing.
There are not many who can work as traders in a bank !
  • #720,634
  • Jan 13, 2023 4:39am Jan 13, 2023 4:39am
Quoting Teek
Good Morning Friday 13th.. buaaaahhh I don't know what you peeps are looking at but I am looking Buyside 1.245... H4 {image}
That's exactly where price is headed. Just that we don't know the bus stops on rhe way. Hahaha
  • #720,635
  • Jan 13, 2023 4:40am Jan 13, 2023 4:40am
Quoting Pram808
Ready to drop {image}
Dont think so, its 3rd time retesting that resistance at 1.2245 level. There were massive orders at this level but majority of them were taken out on CPI thats why fall were same as the rise and 2nd retest also occurred but this, the fall is met with high buying interest at 1.2180 level, producing a HL.

But there is still a low probability to reverse to 1.2203, to take LQ then up again, since 4hr candle failed to closed above those highs.

Even fundamentals in favour of GU UP

Let see how it played, i have protected longs
More time in the market, does not mean you trade better!
  • #720,636
  • Jan 13, 2023 4:47am Jan 13, 2023 4:47am
Quoting Mitiblotch
{quote} That's exactly where price is headed. Just that we don't know the bus stops on rhe way. Hahaha
1.2325 -1.2065
1.2065 -1.2675
1.2675 - 1.2420
1.2420 - 1.3125

Short term to medium term... (January to April 2023)
Data + Stat + Risk/Emotions Management
  • #720,637
  • Jan 13, 2023 4:47am Jan 13, 2023 4:47am
Quoting Georginson
{quote} I'm deeply flattered, thanks for the words of encouragement my loyal friend
Never loose that opportunity whenever it knocks the door, and be like Wavegarrick, small position long runs, that is what Larry Williams says.

Below excerpt from Trading Lesson #1 by "Larry Willaims":

Trend is the basis of all profits.
If there is not a trend, whether it's the price of Corn, Gold, or the real estate market, you will not make a profit. Because, without trend there is no force taking prices higher where you can sell to take a profit.
Got that? We must have a trend; no trend, no profit.
This means we need to understand what causes trend. Charts help identify a trend but the more telling point is that trend is a function of time.
The longer you're in a trade the more potential you have to catch a large trend move. That is exactly why day traders lose 99% of the time. They do not have time on their side; they must get out by the end of the day which means they have just a few hours for a trend move to develop.
Thus, the only way a day trader can make a large profit...is to have a large position...because he or she can only capture small trends or market swings.
If you have a large position you may escape with a small loss from time to time, but you are always catching small profits. Eventually you will be hit with one or two large losses that destroy your account.

My way around that is to have small positions and catch large profits.
There it is... That is the basis to the billion-dollar profits that have been made by fund managers as well as individuals. Just think about it...if you have a small position you can only have a small loss. Yet, you may have a large or substantial gain. With the risk reward in your favor, you are no longer facing "Gamblers' Odds". You turned the tables on the house; you are playing the game correctly. You don't bet big, you bet small. Because our indicators tell us when most large moves will occur, you will be looking to capture significant profits to offset the small losses that we all have from time to time.

"Larry Williams"

Regards
bilal
"Exchange of hands"
  • #720,638
  • Jan 13, 2023 4:50am Jan 13, 2023 4:50am
Quoting Indiara
{quote} Thank you very much! Sometimes it is not easy to sit and watch when I see others trading, but it is necessary so that I can keep to my plan which I know will reward me.
"Sometimes it's not easy to sit in the tall grass and watch as the crows go pecking at all kinds of things. Well, they are scavengers that eat about anything, anyway, so I am satisfied to wait for a plump morsel to come into my strike zone before I pounce."
To free Gazans of Hamas, use whatever it takes.
  • #720,639
  • Jan 13, 2023 4:58am Jan 13, 2023 4:58am
Quoting mysterio
{quote}Safe for now! {image}
If this makes another run at the imbalance, forget it, we may make a new high.

Indecision currently, the range is tightening
  • #720,640
  • Jan 13, 2023 5:02am Jan 13, 2023 5:02am
Quoting Fardeen1209
{quote} Dont think so, its 3rd time retesting that resistance at 1.2245 level. There were massive orders at this level but majority of them were taken out on CPI thats why fall were same as the rise and 2nd retest also occurred but this, the fall is met with high buying interest at 1.2180 level, producing a HL. But there is still a low probability to reverse to 1.2203, to take LQ then up again, since 4hr candle failed to closed above those highs. Even fundamentals in favour of GU UP Let see how it played, i have protected longs
Inserted Video


I was 2 times, maybe totally 10 weeks in Mauritius, great !
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