u have a good chance but the damn trendline needs to go
![](https://resources.faireconomy.media/images/emojis/64/1f647-200d-2642-fe0f.png?v=15.1)
Better-than-the-wormhole 555 replies
Dislikednow this is starting to look mean for longs on GU.. and that's why i didn't buy yesterday. There wasn't any actual breakout except for that minor TL. But the big dogs were defending the big trend.Ignored
DislikedThey were defending the same level this whole week.
Back to major downtrend now, find the entry & take it dario.Ignored
Dislikedyup, will do. The trade is only 1 lot, I will onnly go gung ho when it breaks lower later & this trade is in profitIgnored
Dislikedshorted EURO... i had the same chart and looking for the retest of that LTL at first... GU looks dodgy still and i didn't find anything that i like yet...Ignored
Dislikedyup, will do. The trade is only 1 lot, I will onnly go gung ho when it breaks lower later & this trade is in profitIgnored
DislikedYes bit more clarity on euro at the moment.
Hourly close on cable will be telling, a strong bearish close & I'd gather it'll push down. Always a safer bet to go with the major trend when the i/d trend lines up for you.Ignored
DislikedONLY 1 LOT? if i was trading only 1 lot with 300 pips SL i would be shitting my pants already.. and considering my new diet, that wouldn't be cute at all!!Ignored
DislikedYes bit more clarity on euro at the moment.
Hourly close on cable will be telling, a strong bearish close & I'd gather it'll push down. Always a safer bet to go with the major trend when the i/d trend lines up for you.Ignored
Dislikedcan i ask u why, giving the market conditions, didn't get at least something when u got 50 and move SL?Ignored
DislikedI took the trade based on the hourly, I won't use the m5 to watch my trade & use the spike to cover my position. I very seldom do that. That's just impulsive.
If you trade from the daily, would you let price action on the m5 dictate your trade management?Ignored
Dislikedhmmm of course not... that's obvious... i just recon it's been some months since cable really behaves like a bitch... and it's been not long time ago that we saw the "best" strategy was to cover as soon as we get a decent amount of pips...
Not trying to be a smart ass here, but really cable is at a crossroad now so i think the best strategy is to get what u can and as soon as u can, at least cover your ass...Ignored
Dislikedhmmm of course not... that's obvious... i just recon it's been some months since cable really behaves like a bitch... and it's been not long time ago that we saw the "best" strategy was to cover as soon as we get a decent amount of pips...
Not trying to be a smart ass here, but really cable is at a crossroad now so i think the best strategy is to get what u can and as soon as u can, at least cover your ass...Ignored
DislikedIf you're talking about scalping then yes I agree.
I wasn't scalping yesterday.
Forget it, a loss is a loss. It's not my first, won't be my last. I'll deal with itIgnored
Dislikedi dont believe in this..honestly, u have to eliminate fear from yur trading..if u enter and cover straight..i can almost bet u have to enter 10 times..in the right direction get stop 9 times b4 it freaking goes where u want
and it shows yur afraid of being stopped, lack of confidence and frankly speaking imho cannot lead to success long term (me feel)
brokers love this type of trading
wormie has perfect balance cause over a period of time u can read PA great..look at what that sum bitch can do on a 5 minute chart
edit:- oh yes scalping...Ignored
Dislikedto tell the truth i wasn't talking about scalping.. and by "decent amount of pips" i meant something like 50 ... not 10.
Anyway... let's move on...Ignored
DislikedAnd without being disrespectful, don't forget the account size is also relative to your psychological management. Had I placed $100/pip on a 300 pips stop, I probably will be shitting bricks too dario.Ignored