Cable Update (GBPUSD)

Quoting BrainBucks

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{quote} Hey Moty, I can relate with your style of trading. I've been there a thousand times. Hard to admit that I'm not simply gambling wen I trade like that. But what I have found at is that, for a trader like you, a hundred - even two hundred - percent turnover in a single business day is not unusual. With that appetite, something as "ridiculous" as seeking what is usually a monumental 5% daily profit, may seem like in a walk in the park for you. But, if you had maybe $250 to set aside and seek 5% only per day, Moty, you'd be a millionaire sometime...

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Quoting BrainBucks

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{quote} Hey Moty, I can relate with your style of trading. I've been there a thousand times. Hard to admit that I'm not simply gambling wen I trade like that. But what I have found at is that, for a trader like you, a hundred - even two hundred - percent turnover in a single business day is not unusual. With that appetite, something as "ridiculous" as seeking what is usually a monumental 5% daily profit, may seem like in a walk in the park for you. But, if you had maybe $250 to set aside and seek 5% only per day, Moty, you'd be a millionaire sometime...

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Quoting MrFanciful

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Definitely wrong...I don't have a strategy that works because at every point on the chart, it always looks like a continuation and a reversal, at every single point. This sideways range? Both a continuation and a reversal. If it breaks lower? A continuation...but also a stop hunt and therefore a reversal. Break out on the top side? Same thing. Another 50% of my account lost. Using the same strategy that I've used very successfully for the last few days. I'm also using the same strategy on a demo account but just taking the opposite side of my Live....

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Quoting BrainBucks

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{quote} And we're right back to where we started, if not even more confused now

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Quoting BrainBucks

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{quote} Hey Moty, I can relate with your style of trading. I've been there a thousand times. Hard to admit that I'm not simply gambling wen I trade like that. But what I have found at is that, for a trader like you, a hundred - even two hundred - percent turnover in a single business day is not unusual. With that appetite, something as "ridiculous" as seeking what is usually a monumental 5% daily profit, may seem like in a walk in the park for you. But, if you had maybe $250 to set aside and seek 5% only per day, Moty, you'd be a millionaire sometime...

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Quoting voeltoez

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closing all short post... little scared because price reject from mid bb h4.. could fly to 1.2500 suddenly.. better wait break 1.2430 to short again..

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Quoting MrFanciful

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Definitely wrong...I don't have a strategy that works because at every point on the chart, it always looks like a continuation and a reversal, at every single point. This sideways range? Both a continuation and a reversal. If it breaks lower? A continuation...but also a stop hunt and therefore a reversal. Break out on the top side? Same thing. Another 50% of my account lost. Using the same strategy that I've used very successfully for the last few days. I'm also using the same strategy on a demo account but just taking the opposite side of my Live....

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Quoting eyefeelsix

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{quote} just my imagination --- fresh long for the day {image}

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Quoting Moty

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{image}

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Quoting dantpm

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{quote} The USDX is in a very tight range and seems to be holding GU in it.

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Quoting FulMargnAlch

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Trading is really funny. When you're not so committed, price seems to go your way but when you are positioned heavily, price reverses against you. {image}

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Quoting ScalaFX

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Good morning! Im going short GU 2480 SL YH

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