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Cable Update (GBPUSD)

  • #739,241
  • Apr 4, 2023 4:49am Apr 4, 2023 4:49am
Quoting Moty
{image}
If you trust your chart, then shouldn't you be shorting from the top of the channel? It's your own trading plan, I'm not asking you to short. Because it seems you draw so many lines and indicators on your charts but none of them tally with your entries.
  • #739,242
  • Apr 4, 2023 4:49am Apr 4, 2023 4:49am
Quoting LitEU
{quote} so Gu 1.27 uhn ?
EU 1.098 GU 1.258 - before stopping
demo tok kenal barey boh!
  • #739,243
  • Apr 4, 2023 4:52am Apr 4, 2023 4:52am
Quoting kidd0
{quote} EU 1.098 GU 1.258
Gu 1.25495 fibs levels
I'll short there
if it doesn't hold
  • #739,244
  • Apr 4, 2023 4:52am Apr 4, 2023 4:52am
I dont see any major hurdles till 1.26 levels.
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  • #739,245
  • Apr 4, 2023 4:55am Apr 4, 2023 4:55am
alot of bull party on a Tuesday. 04/04 Happy GU Bull day.
Keep the Lights on then you can catch the rise from the dark.
  • #739,246
  • Apr 4, 2023 4:58am Apr 4, 2023 4:58am
[quote=LitEU;14384502]{imagen}[/quote
The name suits you like a ring on your finger, black of s...t! you are as Lithuanian as I am African, "I be smart" I use a channel with colors, you lack the accounts! dumb ass!!
  • #739,247
  • Apr 4, 2023 4:58am Apr 4, 2023 4:58am
Quoting Yngwie
Sold 1.2497
Sold again 1.2520
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #739,248
  • Apr 4, 2023 4:58am Apr 4, 2023 4:58am
Closed all longs, strange movement
You have an IQ lower than 90 if you interact with this user.
  • #739,249
  • Apr 4, 2023 5:00am Apr 4, 2023 5:00am
I think GBP/USD would Keep Going up.
  • #739,250
  • Apr 4, 2023 5:02am Apr 4, 2023 5:02am
I've been trying to get a long entry since morning, it has been flying with no significant pullback
Patience.....
  • #739,251
  • Apr 4, 2023 5:05am Apr 4, 2023 5:05am
Quoting AyoLouie07
Bum ass pull back but I'll take it. Targeting 1.26200 longer term. Up 17 pips currently and will likely put SL to BE before Asian. {image}
I'm an asshole for not sticking to my bias and trying to short overnight
This is where I would be had I not been such a clown.
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  • #739,252
  • Apr 4, 2023 5:11am Apr 4, 2023 5:11am
Quoting Moty
{image}
Every post of your are looks like opposite happening.
  • #739,253
  • Apr 4, 2023 5:12am Apr 4, 2023 5:12am
[quote=Uru;14384531]
Quoting LitEU
{imagen}[/quote The name suits you like a ring on your finger, black of s...t! you are as Lithuanian as I am African, "I be smart" I use a channel with colors, you lack the accounts! dumb ass!!

I don't know if i should say a thank you or not but, we black and I'm from africa plus we thrive regardless of any obstacles that's our super power
  • #739,254
  • Apr 4, 2023 5:14am Apr 4, 2023 5:14am
Quoting ScalaFX
{quote} Underwater, adding 60, 70, 80, 90, 2500, hope for drop to 2400
All active! waiting for a drop
People don't plan to lose. They lose because they don't plan.
  • #739,255
  • Apr 4, 2023 5:15am Apr 4, 2023 5:15am
Quoting jerndpgmail
{quote} Every post of your are looks like opposite happening.
i think i got it this time
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yes yes yes
  • #739,256
  • Apr 4, 2023 5:16am Apr 4, 2023 5:16am
Quoting jerndpgmail
{quote} Every post of your are looks like opposite happening.
moty is right Gu is over bought we should expect a retest, moreover retail traders are switching their shorts to longs and we all know those folks like losing money
  • #739,257
  • Apr 4, 2023 5:20am Apr 4, 2023 5:20am
Quoting Moty
{quote} i think i got it this time {image}
lets hope sir.. to much loss
  • #739,258
  • Apr 4, 2023 5:22am Apr 4, 2023 5:22am
Quoting Moty
{quote} i think i got it this time {image}
I just don't see the logic in holding a trade for a 150+ pip loss in the vain hope it'll come back down because that's all that is happening right now. Hope. Hope has zero place in trading.
  • #739,259
  • Apr 4, 2023 5:28am Apr 4, 2023 5:28am
Sold GU take profit 1.2460 ,equal lows on m5
  • #739,260
  • Apr 4, 2023 5:35am Apr 4, 2023 5:35am
Quoting TheForexDen
{quote} I just don't see the logic in holding a trade for a 150+ pip loss in the vain hope it'll come back down because that's all that is happening right now. Hope. Hope has zero place in trading.
A lot of assumptions in your statement. Not even the biggest bank can tell you holding a 150 pip loss trade is in vain. You simply don't have the facts to decide that. Some people bought 1.2400 last week and price dumped to 1.2285. That was minus 115. Now price is above 1.25 and that is plus 115 for them. There is a trader here called ccin (cannot remember correctly) who holds undress and hundreds in minus and yet comes out overall in profit.

I personally don't trade that way, but who am I to condemn those who do? The real focus should be money management. An account of 1000 I can trade 0.02 and allow minus 300 in a sell trade while I am buying in between and making profit. If you make educated, statistical estimate of the monthly and weekly ranges like Georginson does then minus truly means nothing, as you can average out the trades with a hedge or whatever method suits you.
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