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New Cable Thread & Other Pairs

  • #2,881
  • Apr 25, 2024 1:15am Apr 25, 2024 1:15am
EU
Cash machine was taken out
1.0721 is up next followed by 1.0734.
My job today, sell sell sell
When will I start scaling out and taking losses??
With a clear break of 1.0760.
How much risk? Not more than 1.5% for the whole operation.
Potential reward 2 to 3 times that, as targets are situated at 1.0575-45 and 1.0470.
We watch the charts from every angle so you don't have to!!
  • #2,882
  • Apr 25, 2024 1:28am Apr 25, 2024 1:28am
Quoting pedro319
EU Cash machine was taken out 1.0721 is up next followed by 1.0734. My job today, sell sell sell When will I start scaling out and taking losses?? With a clear break of 1.0760. How much risk? Not more than 1.5% for the whole operation. Potential reward 2 to 3 times that, as targets are situated at 1.0575-45 and 1.0470.
So you can win 3-4,5% of your total capital? Just for understanding the risk managment.

What do you recommend for someone who is building up the capital?
  • #2,883
  • Apr 25, 2024 1:31am Apr 25, 2024 1:31am
Quoting pedro319
{quote} Gold This is a pullback D1 and H4 to the region of 2370-77. The manner (choppy) is normal for this kind of move and it actually informs you of it's nature. Not so easy to trade? I posted the support 2327-2311 early in the week, price pierced through but so far not able to break it. GBPJPY is a wild horse, similar to Gold... Follow my updates, overtime it will make sense to you. I hope it helps.
It isn't so easy to trade, as a swing trader these $15-$20 move per session has become normal these days and I can't seem to get my entries right, the tight SL is helping though but I'm not as profitable as I would like to be lol. My bias for the week is still bearish but shall be staying away from the chart today this ain't good for my mental health lol
  • #2,884
  • Apr 25, 2024 1:36am Apr 25, 2024 1:36am
Quoting Mihisti
{quote} So you can win 3-4,5% of your total capital? Just for understanding the risk managment. What do you recommend for someone who is building up the capital?
Yes, regardless of how much, the only thing that matters is %, so for a 10.000 account you want to risk 150 and potentially bag close to 500.
If the trade takes off, there will be chance to add more with smaller stops and tighter risk.
We watch the charts from every angle so you don't have to!!
  • #2,885
  • Apr 25, 2024 1:36am Apr 25, 2024 1:36am
Quoting pedro319
EU Cash machine was taken out 1.0721 is up next followed by 1.0734. My job today, sell sell sell When will I start scaling out and taking losses?? With a clear break of 1.0760. How much risk? Not more than 1.5% for the whole operation. Potential reward 2 to 3 times that, as targets are situated at 1.0575-45 and 1.0470.
need to see how EU reacts at 7220 area
'In the clearing stands a boxer And a fighter by his trade..'
  • #2,886
  • Apr 25, 2024 1:36am Apr 25, 2024 1:36am
Quoting pedro319
EU Cash machine was taken out 1.0721 is up next followed by 1.0734. My job today, sell sell sell When will I start scaling out and taking losses?? With a clear break of 1.0760. How much risk? Not more than 1.5% for the whole operation. Potential reward 2 to 3 times that, as targets are situated at 1.0575-45 and 1.0470.
Wanted to buy eu lower but 1.0600 holded. Anyway will glad to see it back below!
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Looking for profitable short term trades ...|
  • #2,887
  • Apr 25, 2024 1:49am Apr 25, 2024 1:49am
jumped in
risk free
'In the clearing stands a boxer And a fighter by his trade..'
  • #2,888
  • Apr 25, 2024 1:53am Apr 25, 2024 1:53am
Quoting GOR
jumped in risk free
I just love the acceleration towards the end!!
We watch the charts from every angle so you don't have to!!
  • #2,889
  • Apr 25, 2024 2:03am Apr 25, 2024 2:03am
Quoting pedro319
{quote} I just love the acceleration towards the end!!
LOL
Come on GU!
125+ daily TL?
'In the clearing stands a boxer And a fighter by his trade..'
  • #2,890
  • Apr 25, 2024 2:10am Apr 25, 2024 2:10am
You have to fight for your rights!
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We watch the charts from every angle so you don't have to!!
  • #2,891
  • Apr 25, 2024 2:11am Apr 25, 2024 2:11am
After mental torture yesterday EU moved some... Closed
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  • #2,892
  • Apr 25, 2024 2:12am Apr 25, 2024 2:12am
Quoting pedro319
{quote} I just love the acceleration towards the end!!
very interesting all the round numbers+ .200 + .800 and what i saw from your trades + .666 haha
...I Bet You Ain't Never Seen A Donkey Fly!
  • #2,893
  • Apr 25, 2024 2:19am Apr 25, 2024 2:19am
Quoting pedro319
You have to fight for your rights! {file}
The higher the better, could be a pump till USD red news...
  • #2,894
  • Apr 25, 2024 2:20am Apr 25, 2024 2:20am
Quoting pedro319
You have to fight for your rights! {file}
And grab what comes along the way!
'In the clearing stands a boxer And a fighter by his trade..'
  • #2,895
  • Apr 25, 2024 2:20am Apr 25, 2024 2:20am
Quoting pedro319
You have to fight for your rights! {file}
I vote for 1.0750 its once in every 4 years so choose right!
Looking for profitable short term trades ...|
  • #2,896
  • Apr 25, 2024 2:22am Apr 25, 2024 2:22am
Eur still got a long way to go higher . . . . .higher and higher. And so Cable as well.
  • #2,897
  • Apr 25, 2024 2:29am Apr 25, 2024 2:29am
Might not be a bad idea to look for longs near 1.07 with SL 1.0695
  • #2,898
  • Apr 25, 2024 2:39am Apr 25, 2024 2:39am
Closed the scalps, DXY came to resistance
and before highs can be tested
'In the clearing stands a boxer And a fighter by his trade..'
  • #2,899
  • Apr 25, 2024 2:55am Apr 25, 2024 2:55am
Quoting LoneTrader1
{quote} The higher the better, could be a pump till USD red news...
We watch the charts from every angle so you don't have to!!
  • #2,900
  • Apr 25, 2024 3:07am Apr 25, 2024 3:07am
Quoting T721
n/cad update. took posiition off on Friday for minus 11pips and back in today. will add if we drop and add if it gets going {image}
n/cad update just in case someone got in with me
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