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Cable Update - Continued 61 replies

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

Quoting Moty
Lol I didn't manage to publish last trade and it hit allready Go longy {image}

come on moty lets lite this damn fuse so price reaches my target

https://media.istockphoto.com/id/470...VP_2dqIdWqOyM=
stay with the 5% contrarians not the 95% losers
In long -1.2294...tp-1.2380...sl-1.2255...should achieve in next few hours
im goin to watch the last 1/2 hour of price is right and wait for my tp or sl to hit
stay with the 5% contrarians not the 95% losers
Quoting cablekingdom
In long -1.2294...tp-1.2380...sl-1.2255...should achieve in next few hours
Achieve which exactly, the tp or sl?
Quoting BrainBucks
{quote} Achieve which exactly, the tp or sl?
Hahaa u r one intelligent soul ....i really thought someone wud ask....I meant SL
you can't force the market, just try to repeat what works.
PLAN YOUR RISK & REWARD BEFORE INVEST
Quoting cablekingdom
{quote} Hahaa u r one intelligent soul ....i really thought someone wud ask....I meant SL
Right!
Alrighty let's board this plane already
Even 2330 is enough for me right now, given the suspicion I hold against this bounce.
Quoting cablekingdom
In long -1.2294...tp-1.2380...sl-1.2255...should achieve in next few hours
cablekingdom, I think the 1.2380 level is unlikely to hit today. It would require a move of 146 pips from today's low. Without a catalyst (important news) it has a small chance of happening. Edit: There is always a chance I can be wrong.
Today DRE hit 200% which coincides with 120%ATR(14). Aggressive entry of C-T trade would give 60 pips profits at target #1 1.2305
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Always trade your own plan...I don't provide trading signals.
Quoting TheWraith
If you think massacre is over, think again! Haha BoJ tommorow, along with thousand High-Impact News! Manufacturing, Services, Retail Sales... Tommorow could be the day GBP/USD will finally reach 1.215. After that, I don't know where GBP/USD will go. Could go to 1.19 or 1.215 will be the end of this Sell. We'll see tommorow, also, Fridays are known for retracements, so... well, we'll see.. 72% Long.
Very well observed.
The first fall will be from Bad Germany PMIs. EU dragging Gu with it.
Second Leg will be Bad UK PMI.
Not afraid to be wrong, ik what am goin to lose!
My account finally fried before I woke up
Quoting kenny4real
My account finally fried before I woke up
sorry to hear that try some rest and come back with clear head
People don't plan to lose. They lose because they don't plan.
Quoting kenny4real
My account finally fried before I woke up
Every painful loss means one lesson learned.

Lesson you learned this time: stop catching "highs" and "lows", because by the time you catch the real high or the real low, your account will look like a disaster, so even when you do catch that high and low, you'll only recover what you lost (if you're lucky). Also, even if you catch the high, no person alive will actually sell at the bottom.

I'm not being a smartass, trust me, I did the same thing!

Now, having more experience, your judgement will be better.

Also, take some time off from FX now. You need to reset!

Come back stronger!
Quoting ScalaFX
{quote} sorry to hear that try some rest and come back with clear head
Thanks alot...yeah, I'm staying off for a while
Quoting TheWraith
{quote} Every painful loss means one lesson learned. Lesson you learned this time: stop catching "highs" and "lows", because by the time you catch the real high or the real low, your account will look like a disaster, so even when you do catch that high and low, you'll only recover what you lost (if you're lucky). Also, even if you catch the high, no person alive will actually sell at the bottom. I'm not being a smartass, trust me, I did the same thing! Now, having more experience, your judgement will be better. Also, take some time off from FX...
Exactly what I'm doing...taking some time off. Thanks
Quoting kenny4real
My account finally fried before I woke up
Why it is so hard to use Stop Loss?

A great tool to limit your risk!
Not afraid to be wrong, ik what am goin to lose!
Quoting Fardeen1209
{quote} Why it is so hard to use Stop Loss? A great tool to limit your risk!
It is a great tool (although I very rarely use it)
closing my GU net now at 0 loss lucky me after this storm uff, opened small buy nas100 at 14769 will add some if slip more but I think after nice slide time to reverse some
People don't plan to lose. They lose because they don't plan.
Quoting BeeTogether
{quote} It is a great tool (although I very rarely use it)
You are an experienced trader, although you rarely used it, at least you get out of a trade when you know it is not working. Chances are, you will reverse, and get back what you lost.
But there are many traders i saw, wont use SL. and never heard of position sizing too,
instead when the market go against them, they will never have an invalidation level which will tell them the trade not working.

They will sit tight and pray for the market return in their favour, while each additional tic evaporates margin from their account, untill they lost the account.

Good trading strategy imho
Not afraid to be wrong, ik what am goin to lose!
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Forex is Easy, when you know the secrets....Copyright
Quoting ScalaFX
closing my GU net now at 0 loss lucky me after this storm uff, opened small buy nas100 at 14769 will add some if slip more but I think after nice slide time to reverse some
14769?
Which future contract give this number


(Im in as well.. higher, status: suffer)
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