Cable Update (GBPUSD)

Quoting egkid

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Another point
I start to LV U, Ur reading my mind i wait to add another position in next few H

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Quoting Geppy

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Thanks, Kid! I'll also be adding to my position on dips for now.

Also, not sure how many here trade GBP/JPY but I have a hunch that the BoJ may not be done with their intervention. If that's the case, GBP/JPY would be a huge beneficiary with current cable strength and now with what's (in my opinion) an imminent breakout in cable:

BoJ intervention + cable strength = huge gains for GBP/JPY

disclaimer: I'm long GBP/JPY also from 132.15/20ish

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Quoting egkid

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I trade Only E/U , G/U less pair less risk better concentration
GL with g/j

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Quoting Geppy

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Depends on your perception of risk.

For example, if you trade only E/U and G/U and you happen to take the same side (long both or short both) then most of the time you're making the same bet which would be long or short the USD....

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Quoting egkid

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Thanks bro u keep posting useful info and that cool
In first 2 years of my trade i try Many pairs and many system till became stable to my system and this 2 pair for almost 2 year now and by the way this my first Account i started with and i didn't start with demo

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Quoting Alexbabwa

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going to double up on my current long position of 678 at 600 tomorrow if it sinks back

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Quoting egkid

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Thanks bro u keep posting useful info and that cool
In first 2 years of my trade i try Many pairs and many system till became stable to my system and this 2 pair for almost 2 year now and by the way this my first Account i started with and i didn't start with demo

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Quoting Geppy

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That's great, congrats! I do think it's important for beginners to start with just a couple pairs... just one pair is often highly advantageous because each pair has a rhythm of it's own and when you learn that it become much easier to get those intuitions about it's behavior. Once you feel you've got a handle on one or two pairs you can start adding more to your "repertoire". This doesn't mean you always have to be trading every pair, but it's nice to have a bag of tricks in case some aren't performing (if you know what I mean )

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Quoting dil

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Ok results for today , there was one member who following my system today and he earned 10% of his account glad i was helpful

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Quoting dil

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Ok results for today , there was one member who following my system today and he earned 10% of his account glad i was helpful

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Quoting vosterfxandy

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eh? which system is this?

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Quoting Geppy

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That's great, congrats! I do think it's important for beginners to start with just a couple pairs... just one pair is often highly advantageous because each pair has a rhythm of it's own and when you learn that it become much easier to get those intuitions about it's behavior. Once you feel you've got a handle on one or two pairs you can start adding more to your "repertoire". This doesn't mean you always have to be trading every pair, but it's nice to have a bag of tricks in case some aren't performing (if you know what I mean )

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Quoting Alexbabwa

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While i understand you are a successful and established trader, do you use a system, the same system for all of your trades? regardless is there somewhere I can read up on your system?

Personally I think even the best of systems are only good for a while and then of course don't adapt when the market changes its longer term behaviour.

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Quoting dil

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i'm trading with this myself made system 1,5 years now and its very good 60-100% a month

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