Just opened up my short for the start of the 3rd wave down. Will post a trade review later today.
Cheers Sion
Cheers Sion
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DislikedJust opened up my short for the start of the 3rd wave down. Will post a trade review later today.
Cheers SionIgnored
DislikedJust opened up my short for the start of the 3rd wave down. Will post a trade review later today.
Cheers SionIgnored
DislikedI see 1.6443 as a critical line on the 4hr chart, a break and hold could mean moving on to higher ground, as well as we just crossed and seem to be holding the 200ma on an hourly.Ignored
DislikedHey guys,
Just start trading Cable. Accidently longed instead of short just then. (in profit though )
But does anyone have a sort of idea where it might top out? Or anyone here longing GBP? I know that the GDP was worse than expected and I did ride it down a little.Ignored
DislikedUnfortunately I entered a little later than you than you and ran a bit of a tight stop just below a line of support...I was stopped out -25 pips...by 0.7 of a pip! Straight after that, up she shot to 390..my TP...damn you cable!LOL!
I have now set a new record for the most consective losses in my trading carreer, 6 in a row...its terrible, I am at a loss for words with my performance, on three of them I was stopped out by 1 -2 pips before the trade continued in my direction...on a positive note, atleast my calls seem to be correct, my stop is what...Ignored
DislikedUnfortunately I entered a little later than you than you and ran a bit of a tight stop just below a line of support...I was stopped out -25 pips...by 0.7 of a pip! Straight after that, up she shot to 390..my TP...damn you cable!LOL!
I have now set a new record for the most consective losses in my trading carreer, 6 in a row...its terrible, I am at a loss for words with my performance, on three of them I was stopped out by 1 -2 pips before the trade continued in my direction...on a positive note, atleast my calls seem to be correct, my stop is what...Ignored
DislikedHate to see a fallen soldier. I tend to take a break if I have 3 consecutive loses in a row. That helps me clear my head psychologically when i get back to the grunt.
A stop loss of 25-30 is quite small for cable. Have you tried widening your SL to keep you from been taken out so frequently?Ignored
DislikedThanks mate,
Yeah I have changed my strategy this week, quartered my lot size and increased my max stop 4 fold, this is limmited by my strict MM, I figured instead of taking 40 pips on a move, I could hold out for a longer trade, the bigger move and look for around 100 pips instead, now its all about getting my entry in the right place!
Appreciate your input immensely mate, place seems to have lost a few regulars of late?Ignored