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Cable Update (GBPUSD)

  • #823,481
  • Apr 26, 2024 1:20am Apr 26, 2024 1:20am
They intentionally leaked the news about China at exactly the same time when the last intervention happened which I mentioned already (hour after LO).
  • #823,482
  • Apr 26, 2024 1:21am Apr 26, 2024 1:21am
Testing previous high, watching post london open h1 candle if able close over 2509.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #823,483
  • Apr 26, 2024 1:26am Apr 26, 2024 1:26am
Look how funny the 1H candle on GBPJPY is
  • #823,484
  • Apr 26, 2024 1:27am Apr 26, 2024 1:27am
Quoting billGU
{quote} idk, i think there may be a few '100% guaranteed' things in trading; like if you think all your trades are '100% guaranteed', you are 100% guaranteed to be margin called
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Emotional Control. Process, not outcome.
  • #823,485
  • Apr 26, 2024 1:27am Apr 26, 2024 1:27am
Good morning ladies and gentlemen. Today, I see no good setup for my liking and I also have no clear market anticipation for any pair among the ones that I trade. So as I usually do, let me call it a day, I will come back again on Monday. I wish you all the best in your day trading. Green pips to all.
Executing trades with precision!!
  • #823,486
  • Apr 26, 2024 1:29am Apr 26, 2024 1:29am
Quoting leonelaus
Look how funny the 1H candle on GBPJPY is
Look what I did : Why i not waited 5 more minutes before selling my long. lol - it was really on the low.
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  • #823,487
  • Apr 26, 2024 1:35am Apr 26, 2024 1:35am
Sold 1.2529 SL 1.2560
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #823,488
  • Apr 26, 2024 1:36am Apr 26, 2024 1:36am
Quoting Fardeen1209
{quote} You are crazy with that kind of trade size.
Hi Fardeen,

As promised, I'm sharing my "recycle leverage" money management approach for forex trading.
This strategy revolves around reusing the same capital repeatedly while adding profits along the way.

Here's how it works:
Initial Capital: Start with a fixed amount of capital for trading.
Cash Out Profits: After a successful trade, cash out the profit and set it aside.
This allows you to lock in your gains and reduce your risk exposure.

Reenter with Pullback: After cashing out, wait for the market to pull back or correct, then reenter the trade using the same capital you started with.
Add Profits to Capital: As you continue trading, you can add a portion of your earlier profits to your capital, creating a cycle of growing capital and reducing risk exposure.

This approach reduces stress because you're not carrying multiple trades at once, which can be risky and overwhelming.
Plus, if a trade goes against you, you've already covered yourself by cashing out earlier profits.
This way, you're not constantly putting more money into the market.
There is no way a trader going to lose like -3000 pips by using this trade management.

Let me know if this makes sense or if you'd like more details on how I implement this strategy.
Best,

PAT Chiko
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #823,489
  • Apr 26, 2024 1:38am Apr 26, 2024 1:38am
Quoting JackintheBox
{quote} Look what I did : Why i not waited 5 more minutes before selling my long. lol - it was really on the low. {image}
Sometimes it happens mate. I got some pips all the way up as well cause in my opinion the Yen still kind of weak so i was expecting a pull back.
Just my 2cent method. Anyway it is still a win trade, so cheers up..
  • #823,490
  • Apr 26, 2024 1:40am Apr 26, 2024 1:40am
Quoting Pat Chiko
{quote} GU Scalping planning in action in Real time. {image} This real time set up is not the bet of best... Still the best set up and trade execution will come later, from Mrs Hindsight.
GU

Update scalping position
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #823,491
  • Apr 26, 2024 1:42am Apr 26, 2024 1:42am
Quoting navk
Still there is buy in GU above 1.2500/1.2490 for target 1.2540/50 to me.
Booked profits.

enuff.

Intraday only.
  • #823,492
  • Apr 26, 2024 1:46am Apr 26, 2024 1:46am
Quoting Luxyus
{quote} .... cluster 1.2576/81 to watch closely. {image}
let s see if it will be a good short from there or not. PCE today will set the move.DX pointing to critical price 104,41
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chaos is just unknown order
  • #823,493
  • Edited 1:56am Apr 26, 2024 1:46am | Edited 1:56am
Quoting Pat Chiko
{quote} l This way, you're not constantly putting more money into the market. There is no way a trader going to lose like -3000 pips by using this trade management. Let me know if this makes sense or if you'd like more details on how I implement this strategy. Best, PAT Chiko{image}
unless you are me after a few drinks

right so the rocket stopped just before my first to area damn.. come on bulls take it past 12550 and then I can order some breakfast
Insane in the Brain..
  • #823,494
  • Apr 26, 2024 2:04am Apr 26, 2024 2:04am
Still waiting for sell signal guys…. It’s better to wait than gambling. I only strike when I see some level of certainty but nonetheless this is forex impossible is nothing that’s why we have risk management… when taking my signal pls don’t risk more than 5% of your capital.
  • #823,495
  • Apr 26, 2024 2:07am Apr 26, 2024 2:07am
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  • #823,496
  • Apr 26, 2024 2:08am Apr 26, 2024 2:08am
Short GU 2536, sl 2541, tp 2514, (fix it not a good setting)
  • #823,497
  • Apr 26, 2024 2:21am Apr 26, 2024 2:21am
EUr and GU is far from sell.I mean trend H4,sure not today.
  • #823,498
  • Apr 26, 2024 2:24am Apr 26, 2024 2:24am
Rejection from daily R1 and it drops nearly 30 pips
Insane in the Brain..
  • #823,499
  • Apr 26, 2024 2:31am Apr 26, 2024 2:31am
Quoting M685
Short GU 2536, sl 2541, tp 2514, (popravi, ni dobra nastavitev)
TP hit, 61.8% fib
  • #823,500
  • Apr 26, 2024 2:36am Apr 26, 2024 2:36am
Quoting viktoriaxz
EUr and GU is far from sell.I mean trend H4,sure not today.
looking a Friday correction let’s see if we can see a move above that resistance line later today
Insane in the Brain..
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