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Cable Update (GBPUSD)

  • #750,061
  • Jun 7, 2023 2:03am Jun 7, 2023 2:03am
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  • #750,062
  • Jun 7, 2023 2:09am Jun 7, 2023 2:09am
Ok Bulls i got your back ... Go Bulls!



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Goddess of Thunder..
  • #750,063
  • Jun 7, 2023 2:12am Jun 7, 2023 2:12am
Quoting eyefeelsix
{quote} add last short for maximum power without risk hehe {image}

I clean up all my myshort in the Asia session, feel there will be a sideway ahead, However.. if today GU falls without me it's okay

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https://breakpullback.com
  • #750,064
  • Jun 7, 2023 2:15am Jun 7, 2023 2:15am
Quoting Fardeen1209
{quote} Hey bro, Can you please sheds some light on how do we turn a setup with RR 1:3 into 1:7, 1:9...?

One way to mitigate win/loss ratio is to use good position management.
This includes setting stop losses and profit targets, and managing your risk exposure.
By using good position management, you can limit your losses on losing trades and maximize your profits on winning trades.

On of the way to let some trades run longer is to take partial profits on my trades, typically at a 1:2 risk-reward ratio.
I let the rest of my trades run, and I use higher time frame order block zones to determine my profit targets.
These zones are where institutional traders place their orders, and they are often a sign of where the market is likely to move next.
I am still trying to find a happy medium between taking profits on winning trades and letting them run when they are doing well.


Some of the point from the above :
Partial profits: This means that you take some of your profits off the table on a winning trade, but you let the rest of the trade ride.
This is a good way to lock in some profits and reduce your risk.

1:2 risk-reward ratio: This means that you are willing to risk 1 unit of currency for every 2 units of currency that you expect to make on a winning trade. This is a conservative risk-reward ratio that can help you to protect your capital and grow your account over time.

Higher time frame order block zones: These are areas on the chart where there is a high concentration of orders.
These orders are typically placed by institutional traders, who have a lot of money to invest.
When these orders are placed, they can create a strong support or resistance level, which can help to determine the direction of the market.

Trade Safe & Best Wishes
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #750,065
  • Jun 7, 2023 2:17am Jun 7, 2023 2:17am
Quoting Pat Chiko
{quote} GU Scalp LONG to POI{image}
GU

Stopped Out.
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P/S Now I'm thinking of revenge trades....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #750,066
  • Jun 7, 2023 2:19am Jun 7, 2023 2:19am
Quoting mysterio
Bought GU current price, 8 pips SL target 1.25
breakeven stop hit

will look for another buy opp below yesterday ny low, demand below
  • #750,067
  • Jun 7, 2023 2:20am Jun 7, 2023 2:20am
Quoting voeltoez
set TP to 1.2370 ( lower bands H4 )..if bear strong it might be lower testing 1.2310 (lower bands daily).. SL moved to 1.2430 (upper bands M30)..if touch it ..will be reversal to 1.2500 today
Partial profits @1.2400 ..so if back to .1.2430 nothing to lose
  • #750,068
  • Jun 7, 2023 2:21am Jun 7, 2023 2:21am
Quoting Bella.al
Ok Bulls i got your back ... Go Bulls! {image}
well i shorted at open and made some profit. Then i went long
You have an IQ lower than 90 if you interact with this user.
  • #750,069
  • Jun 7, 2023 2:22am Jun 7, 2023 2:22am
Quoting eyefeelsix
{quote} I clean up all my myshort in the Asia session, feel there will be a sideway ahead, However.. if today GU falls without me it's okay {image}
cmon its not too late..join the bear party
  • #750,070
  • Jun 7, 2023 2:22am Jun 7, 2023 2:22am
Quoting Pat Chiko
{quote} GU Stopped Out.{image} P/S Now I'm thinking of revenge trades....

GU

Revenge Trades
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #750,071
  • Jun 7, 2023 2:26am Jun 7, 2023 2:26am
...downside follow thru on that last 1hr bearish close and into the prev 1hr/4hr sw lo zone = prev supp = pot supp where some demand is met. Dly S1 and a fib just below it.

Rangy 1hr and intraday bearish currently.

1hr below
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Trader with an Edge.
  • #750,072
  • Jun 7, 2023 2:27am Jun 7, 2023 2:27am
Quoting Pat Chiko
{quote} One way to mitigate win/loss ratio is to use good position management. This includes setting stop losses and profit targets, and managing your risk exposure. By using good position management, you can limit your losses on losing trades and maximize your profits on winning trades. On of the way to let some trades run longer is to take partial profits on my trades, typically at a 1:2 risk-reward ratio. I let the rest of my trades run, and I use higher time frame order block zones to determine my profit targets. These zones are where institutional...
Thanks for the insight bro.
I always thought that we can do it by the way of reducing our risk in terms of pip count by half then increase position size twice, this way on the same price movement we can get a Risk-reward ratio of 1:6 which was once 1:3.
But the problem comes with tighter SL => higher chance of being stopped before the party begins
More time in the market, does not mean you trade better!
  • #750,073
  • Jun 7, 2023 2:29am Jun 7, 2023 2:29am
currently long
be a thinker before being a reacter
  • #750,074
  • Edited 2:47am Jun 7, 2023 2:33am | Edited 2:47am
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To much noise see needle in a haystack ...
  • #750,075
  • Jun 7, 2023 2:34am Jun 7, 2023 2:34am
Quoting Scotteyy
Looks like I missed the train on this one, will wait for pullback to enter short.
You mean LONG ?
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #750,076
  • Jun 7, 2023 2:35am Jun 7, 2023 2:35am
Wedge on the DXY 4HR
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  • #750,077
  • Jun 7, 2023 2:36am Jun 7, 2023 2:36am
Quoting voeltoez
{quote} cmon its not too late..join the bear party

Thanks for your support brother senior, but I still have 28 pairs of opportunities in the forex market that are easier to make m$ney hehe

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https://breakpullback.com
  • #750,078
  • Jun 7, 2023 2:37am Jun 7, 2023 2:37am
for me max breath up is 1.2420..so i will put my limit sell there..
  • #750,079
  • Jun 7, 2023 2:37am Jun 7, 2023 2:37am
Quoting Bella.al
{quote} Current Rate : 1.24162 So, i was supposed to arrive back after 4 hours but due to working on my Bella's Artificial Intelligence v1.0 for 48 Hours straight i had no memory left. well my position is still holding currently +9 Pips as i write this and waiting for yesterday's high to break 1.24584. Bella's GMT Switch: {image}

Current Rate : 1.24036

Well, i am still protected by Bella's Support : 1.23862 Since Yesterday and waiting to see the out come of this .

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Goddess of Thunder..
  • #750,080
  • Jun 7, 2023 2:37am Jun 7, 2023 2:37am
Added an order for buys at 12380
Insane in the Brain..
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