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cable short for gbpusd? 10 replies

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

it wont stop before 2240
Quoting MIKKI
Managed to catch the spike up entered sell quick scalp.....not looking at much 20 pips tight stop above ,33
Yeah, no more greed as against a big h1 candle! Though talking simply engulfying not not that easy or sound! Real bear to come only after engulf and confirm price at 2163. And process to signal at 2190 first. Next 15 to 20 minutes may try for it. Watching and dealing with fast scalping of bo only.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
I am short
Entry 1.21960
I believe it will drop to 1.21750-850
Adr is 75-80 pips
1.22050 is 40. Pips to the upside
I don't believe price will go more then 40 pips to each side before nfp
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my Plan
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MY OPINION NOT FINANCIAL ADVISE
M1 Long's
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in wondering about yourself, you forgot what you came here to be part of
Strong Selling Pressure at moment
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GU short annihilated, SL has been reached.
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Quoting Moty
{quote} That is what I'm telling to myself every time i start with a new deposit " earn 100$ , withdraw them and start over , again and again " But now I have 500 $ and earned 330 $ in the first day , so now i start fantasizing about withdrawing a 1000$ When I will get there i will start fantasizing about withdrawing 2000. $ and so on What can say ? If i had a manager that can control my account and withdraw when i get to large orveven a medium amount, i believe i could be a rich man And the main problem thqt...
I know traders that go full margin. They have a good skill in reading the chart. If your skill is not well polished, I am afraid to tell you this but you will keep moving in circles until you give up.

I am telling u this because I have been following you from the time I joined this platform, drop the indicators and focus on market structure and timing. Concentrate on 1 or 2 pairs.

Regards,
jereMi
Face 'ur fears & tame 'ur greed
Quoting JereMi256
{quote} I know traders that go full margin. They have a good skill in reading the chart. If your skill is not well polished, I am afraid to tell you this but you will keep moving in circles until you give up. I am telling u this because I have been following you from the time I joined this platform, drop the indicators and focus on market structure and timing. Concentrate on 1 or 2 pairs. Regards, jereMi
indicators are the "more simple" way of trading, indicators crosses a level you go short or long.
market structure, candle formation, etc... you'd need to analyse it more deeply

I personally have automated my system based on price action, can't be more happy. No more need to analyse anything
COT: The precious data ignored
Quoting Moty
{quote} That is what I'm telling to myself every time i start with a new deposit " earn 100$ , withdraw them and start over , again and again " But now I have 500 $ and earned 330 $ in the first day , so now i start fantasizing about withdrawing a 1000$ When I will get there i will start fantasizing about withdrawing 2000. $ and so on What can say ? If i had a manager that can control my account and withdraw when i get to large orveven a medium amount, i believe i could be a rich man And the main problem thqt...
hi bro moty,

my little advice is you can try your strategy in cent account if your broker provide until you're mastering skill of 'one shot one kill' for each time you open position if you can't control yourself by placing big lot size so if market against your position and you loss , at least you will not suffer the big losses.
Quoting kuroro001
{quote} indicators are the "more simple" way of trading, indicators crosses a level you go short or long. market structure, candle formation, etc... you'd need to analyse it more deeply I personally have automated my system based on price action, can't be more happy. No more need to analyse anything
For an aggressive trader like Moty, simple indicators are the reason he is struggling with the market. Indicators are good for swing traders who build small positions with little drawdown on equity until the market goes in his/her favour.
Face 'ur fears & tame 'ur greed
Quoting knkie
M1 Long's {image}
in the money now
heading to target 2211
in wondering about yourself, you forgot what you came here to be part of
You shell retrace mf
This is not logic to go more then 50% to each way before nfp
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I know about .... patience is my game and target till NY is 2167....
average dude treading water
im.in short..gambling mode..lol
Quoting voeltoez
im.in short..gambling mode..lol
yeah me 2.

hope to get 1.216 before NFP.
This is where i BE for today.
Buying sheep for good money, Habib albi
Quoting JereMi256
{quote} I know traders that go full margin. They have a good skill in reading the chart. If your skill is not well polished, I am afraid to tell you this but you will keep moving in circles until you give up. I am telling u this because I have been following you from the time I joined this platform, drop the indicators and focus on market structure and timing. Concentrate on 1 or 2 pairs. Regards, jereMi
It doesn't matter if i am trading the price action or with indicators or structure, my money risk management is poor
I need to start doing at least 1 thing from 3
Start withrowing 100 $ every time i get to 200-250 $ in my equity
Start putting sl or at least get out manually
And most importantly, stop being gready , i get to 50$ in running trades , ok let's go for 100 , i get to 100 ,ok let's get to 150
That's all
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it's a fake uptrend.....no bulls.....it's a trap
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2209 is161 fib for me
Time to dump?
Exhausted
70 traders viewing now, 8 are members:
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