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Cable Update (GBPUSD)

  • #853,581
  • Feb 10, 2025 9:13am Feb 10, 2025 9:13am
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yes yes yes
  • #853,582
  • Feb 10, 2025 9:26am Feb 10, 2025 9:26am
EU

Scalping LONG
For few pips
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #853,583
  • Feb 10, 2025 9:38am Feb 10, 2025 9:38am
Quoting Waveskierrob
{quote} Funny as fuck ...
Not yet.........

Wait until you hear the punch line.................
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #853,584
  • Feb 10, 2025 10:25am Feb 10, 2025 10:25am
Let it test previous low , better 2361 before bounce try! Anyway pressure remain down!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #853,585
  • Feb 10, 2025 10:35am Feb 10, 2025 10:35am
Quoting fontu
{quote} Gj on a sr , likely a bounce / pullback try but bear target looks more deep down, take care {image}
I traded it down to 187.70, which was my target. Pulling back from there now, with next target 187.10, if it continues heading south. Nice trade.
  • #853,586
  • Feb 10, 2025 10:52am Feb 10, 2025 10:52am
Nothing but losses today. Would go in my favour but never get to my target.
It'll take me out again, at which point it will go in my favour
  • #853,587
  • Feb 10, 2025 10:56am Feb 10, 2025 10:56am
GJ highs of the day seen. Can’t see a move above 18830 area right now
Insane in the Brain..
  • #853,588
  • Feb 10, 2025 11:01am Feb 10, 2025 11:01am
You shell not pass 1.23733
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yes yes yes
  • #853,589
  • Edited 11:22am Feb 10, 2025 11:03am | Edited 11:22am
Quoting MrFanciful
Nothing but losses today. Would go in my favour but never get to my target. It'll take me out again, at which point it will go in my favour
remember 1 pip is 100th of a penny, short term trading is almost impossible the leveraged FX market was created for profit and accumulation of liquidity for large banking institutions. lower leverage or lower position size is one solution along with trading decisions made on daily bars. it is much slower but the sucess rate is significantly higher..... and many brokers take the other side of client trades and run their own clients stops if PA is going right to your stop and reversing.......especially if they are placed at unconventional levels.......there is reason be suspicious of your broker take smaller positions, monitor your trade without stop orders, and compare your trading results. my first broker was like trading with the mob but.......they were in chicago
"The Rich Never Pay Retail"
  • #853,590
  • Feb 10, 2025 11:09am Feb 10, 2025 11:09am
So the odds look good for another 5% win today hopefully.
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You cannot fail if you never give up.
  • #853,591
  • Feb 10, 2025 11:16am Feb 10, 2025 11:16am
Quoting MrFanciful
Nothing but losses today. Would go in my favour but never get to my target. It'll take me out again, at which point it will go in my favour
Live and learn. It's all about strategic entries. There is a way to know when and where. It takes time and experience to learn. Losses and mistakes are learning opportunities.
You cannot fail if you never give up.
  • #853,592
  • Feb 10, 2025 11:19am Feb 10, 2025 11:19am
Quoting teprewitt23
{quote} remember 1 pip is 100th of a penny, short term trading is almost impossible the leveraged FX market was created for profit and accumulation of liquidity for large banking institutions. lower leverage or lower position size is one solution along with trading decisions made on daily bars. it is much slower but the sucess rate is significantly higher..... and many brokers take the other side of client trades and run their own clients stops
Brokers can't run your stops forever. Watch and learn their tactics. Get in when they can't stop you out.
You cannot fail if you never give up.
  • #853,593
  • Feb 10, 2025 11:33am Feb 10, 2025 11:33am
Quoting 7154Superman
{quote} Brokers can't run your stops forever. Watch and learn their tactics. Get in when they can't stop you out.
Sorry, the market can always stop you out and reverse direction because it has virtually unlimited leverage!
  • #853,594
  • Feb 10, 2025 11:39am Feb 10, 2025 11:39am
Quoting Waveskierrob
Waveski's weeks prediction on the EU, GU and DOW......they will all go up a bit and down a bit in a what I can see will be in a randomly fashion...you're welcome...
Smashed it...
  • #853,595
  • Feb 10, 2025 11:42am Feb 10, 2025 11:42am
Quoting dantpm
{quote} Sorry, the market can always stop you out and reverse direction because it has virtually unlimited leverage!
Then you wait until they stop trying to stop you out. They can't do it forever. Once the price action bottoms out and refuses to go lower, that's because there is too much demand there, and any attempt to stop you out, they will only get bought out and so the price has to rise. That's when you know you can get in and the odds are better for your TP to get hit before your stop loss. Especially if your TP is only 10-11 pips on EUR/USD. Know their tricks, then they can't get you.
You cannot fail if you never give up.
  • #853,596
  • Feb 10, 2025 11:44am Feb 10, 2025 11:44am
Quoting 7154Superman
{quote} Then you wait until they stop trying to stop you out. They can't do it forever. Once the price action bottoms out and refuses to go lower, that's because there is too much demand there, and any attempt to stop you out, they will only get bought out and so the price has to rise. That's when you know you can get in and the odds are better for your TP to get hit before your stop loss. Especially if your TP is only 10-11 pips on EUR/USD. Know their tricks, then they can't get you.
'Hidden' stop losses are much better than registered stop losses IMHO, and yes 10 or 11 pips is a pretty small stop loss!
  • #853,597
  • Feb 10, 2025 12:01pm Feb 10, 2025 12:01pm
Again?????
Stop this squeezey crooky false break attempts
You should begin the bulls run
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yes yes yes
  • #853,598
  • Edited 12:20pm Feb 10, 2025 12:08pm | Edited 12:20pm
Quoting dantpm
{quote} 'Hidden' stop losses are much better than registered stop losses IMHO, and yes 10 or 11 pips is a pretty small stop loss!
I agree that 10 pips stop loss is pretty tight, but Gatorinla is able to successfully hold trades with only 4 pips stop loss for like 1:10 RRR or better.
For me, 9-10 pips stop loss is minimum. But what I meant is that when your TP is also small like 10 - 11 pips, aiming for 1:1.12 RRR, with strategic entries, it's hard for brokers to stop you out before your TP gets hit.
It's like getting them before they see you coming. And yes, if they keep stopping you out anyway, then watch the trade with your finger on the close button instead of stop loss.
You cannot fail if you never give up.
  • #853,599
  • Feb 10, 2025 12:28pm Feb 10, 2025 12:28pm
Quoting Waveskierrob
{quote} Smashed it...
my mentor
Consistency isn't Glamorous But That's How Legends are Made
  • #853,600
  • Edited 2:14pm Feb 10, 2025 12:29pm | Edited 2:14pm
Waiting breaks 2372 long time , tp not far away though, over 2362 , so actually watching for breaks 2361!

As somehow confirmation at 2362 may escape today and likely may next day. Next targets go to old target 2292 and 2248.letscser next day play if directly continue though it is a rejection 1 st formation level
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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