Cable Update (GBPUSD)

Quoting Coreg2004

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{quote} 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 {image}

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Quoting Fardeen1209

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{quote} You are the "Best trader ever to have lived 6.0" One and Only piece. A master at work. No second trader like you Actually as i was typing the above post was thinking of your trading method. Your trade size in relation to your account bal, is relatively small. You have enough margin to trade other setup in other pair, but new stubborn traders are. This story repeat itself whether FX trading, Crypto trading or Stock trading

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Quoting AlfieSolomon

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{quote} earlier you said it's gonna slip hard to 1.21*

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Quoting AlfieSolomon

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{quote} I have problem of taking small position my psychology says that if the lot is small you won't earn considerable amount of money,how should I deal with it ,

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Quoting Whale

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{quote} 14769? Which future contract give this number (Im in as well.. higher, status: suffer)

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Quoting iusman23

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{quote} Using stop loss and going in with bigger lots. That’s the same way I’m trading. last night forgot to place SL and faced a disaster in the morning.

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Quoting Mitiblotch

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{quote} Hahahaha... that early morning Greek gift!

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Quoting Waveskierrob

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{quote} Yea forgot about that "Best trader ever......" SL very good at stopping accounts being blown, but when I see SL 10 pips away I think just going to keep getting hit and the account will have a slow painful death...

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Quoting donfriday

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you can't force the market, just try to repeat what works.

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Quoting ScalaFX

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{quote} nasdaq {image}

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Quoting Fardeen1209

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{quote} 10pips SL is a bit tight, imho, but an invalidation level of 1x ATR or the next closest liquidity level might always be used as a signal to assess if the trade will failed or just a liquidity grab. I guess thats where a trader have to trust his strategy, knowing his next few trades will recover his manageable losses, and PAT's partial TP and Re-add back did really played the crucial part of how i perceived the loss. It shaped my whole psychological aspect of the trade management. Knowing the next few trades will recover the losses, it is...

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Quoting Coreg2004

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{quote} 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 {image}

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Quoting Bones

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Do we give up on the 4th wave Coreg2004? {quote}

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Quoting Zebi

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im goin to watch the last 1/2 hour of price is right and wait for my tp or sl to hit

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Quoting Fardeen1209

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{quote} Why it is so hard to use Stop Loss? A great tool to limit your risk!

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Quoting Moty

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Waiting for the signal {image}

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Quoting Zebi

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{quote} watched price is right then took a hour and a half nap and im still in the trade LOL so i just closed my long at 2302.3 cause looks tired

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