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  • #21
  • Oct 3, 2016 2:49am Oct 3, 2016 2:49am
A new month brings with it a new challenge. I will be continuing this thread to see what it can bring.

The cable has just broken significant resistance, here is my outlook for this month. (2440)

Price is too far gone today hence no entry, we will mostly be selling this pair this month. We could sell if price comes back to around 2934
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily1.png Size: 46 KB
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  • #22
  • Oct 3, 2016 4:30am Oct 3, 2016 4:30am
How the cable is shaping up
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH434.png Size: 43 KB
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  • #23
  • Oct 3, 2016 7:37am Oct 3, 2016 7:37am
Hey, You are doing such a great job. I have read your post and it helps me a lot. I am planning to become a Professional Traders and after reading your post, it provides me more information about the trading. I would like to thank for sharing this useful thread with us.
  • #24
  • Nov 2, 2016 3:53am Nov 2, 2016 3:53am
Its been a while, had a bad month in October. But i'm back and we can continue from where we stopped.

I am looking at the GBPUSD.

Price just closed higher, above any close on the 4hr last week. A close above 2271 on the 4hr chart should send us straight to 2333. Waiting for current 4hr candle to close

If it closes abovee 2271, im buying tp 2333 sl--close below 2271 on 4hr TF
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH42.png Size: 46 KB
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  • #25
  • Nov 2, 2016 6:57am Nov 2, 2016 6:57am
Quoting keven24bloom
Hey, You are doing such a great job. I have read your post and it helps me a lot. I am planning to become a Professional Traders and after reading your post, it provides me more information about the trading. I would like to thank for sharing this useful thread with us.
Feel very welcome....hopefully you will take the steps necessary to become one.
I'm high on trading, cant you tell?
  • #26
  • Nov 2, 2016 7:00am Nov 2, 2016 7:00am
2333 coming up, significant resistance
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  • #27
  • Nov 2, 2016 7:20am Nov 2, 2016 7:20am
2365 looks viable within 6-12 hrs

2350 looks viable in 4-6hrs
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH456.png Size: 47 KB
Click to Enlarge Name: GBPUSDH450.png Size: 47 KB
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  • #28
  • Nov 2, 2016 7:31am Nov 2, 2016 7:31am
2334 TP filled
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2016-11-02-15-31-11.png Size: 219 KB
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  • #29
  • Nov 2, 2016 7:36am Nov 2, 2016 7:36am
A 4hr candle closing above 2333 opens the highway to 2458
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4new.png Size: 47 KB
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  • #30
  • Nov 2, 2016 7:43am Nov 2, 2016 7:43am
One of the key principles of a winning trader is to let winners run and cut losses short. In this situation, price was in a tight range in October, should it break out of the range, expect some movement.

Price has hit Resistance 3 of the Daily Points, therefore, expect tomorrow or Friday, price to make another 100+ move up. will look for a re-entry position
I'm high on trading, cant you tell?
  • #31
  • Nov 2, 2016 8:07am Nov 2, 2016 8:07am
Looks like resistance might hold today
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4exit.png Size: 46 KB
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  • #32
  • Nov 2, 2016 9:48am Nov 2, 2016 9:48am
Hello Everyone
My name is Shola a.k.a dollaman. I prefer you call me dollarman. Am aspiring to be a professional trader because I love trading forex. its a passion for me. I trade the following currencies. USD, GBP, EUR, NZD and AUD. Am a fundamental trader and I use a very strict rule of 2% risk in one single trade. when am going to trade 2trades I use 1% risk on each trade.
I hope to learn from this thread and achieve my goal through the knowledge that will be shared from great guys here. I will post my trades both win and loss here too.

Thanks Sammih for starting this thread.
  • #33
  • Nov 3, 2016 2:30am Nov 3, 2016 2:30am
Quoting dollarman
Hello Everyone My name is Shola a.k.a dollaman. I prefer you call me dollarman. Am aspiring to be a professional trader because I love trading forex. its a passion for me. I trade the following currencies. USD, GBP, EUR, NZD and AUD. Am a fundamental trader and I use a very strict rule of 2% risk in one single trade. when am going to trade 2trades I use 1% risk on each trade. I hope to learn from this thread and achieve my goal through the knowledge that will be shared from great guys here. I will post my trades both win and loss here too. Thanks...
Hello Dollarman, its good to have you on board. The best way to stay on top of ones trading is to always be in control....by having good money management and strategy. I hope to learn a few fundamental strategies from you along the way. glad to have you here, lets get there together.
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  • #34
  • Nov 3, 2016 5:48am Nov 3, 2016 5:48am
2458 next up
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4new.png Size: 47 KB
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  • #35
  • Nov 3, 2016 5:50am Nov 3, 2016 5:50am
Quoting Sammih
One of the key principles of a winning trader is to let winners run and cut losses short. In this situation, price was in a tight range in October, should it break out of the range, expect some movement. Price has hit Resistance 3 of the Daily Points, therefore, expect tomorrow or Friday, price to make another 100+ move up. will look for a re-entry position
Seems like the move happens today. TP at 2458
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  • #36
  • Nov 3, 2016 6:07am Nov 3, 2016 6:07am
beyond 2458 look for
these two levels
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4levels.png Size: 46 KB
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  • #37
  • Nov 3, 2016 7:04am Nov 3, 2016 7:04am
2458 TP filled.

Looking for a buying spot, will target 2583
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  • #38
  • Nov 7, 2016 6:03am Nov 7, 2016 6:03am
Another week is here, another exciting week to look forward to. Its election week so thats interesting.

On the GBPUSD, Im short from 2415, target 2290 sl 2465
risk is 2%

I beleive we will see 2350 soon, maybe in a couple of hours which is 50% of the move up last week. Im targeting 38.2% retracement of that move.

PS: Im now trading on cTrader but my analysis is still on MT4
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 51 KB
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  • #39
  • Nov 7, 2016 7:02am Nov 7, 2016 7:02am
A close above 2451 signifies a close of shorts and buying
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  • #40
  • Nov 7, 2016 11:48am Nov 7, 2016 11:48am
2350 coming up
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