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Reverso replied Aug 27, 2022Friday initial pump due to Powell touched and retest long term pivot then reversed massively from there. Calculated the daily pivot for next Monday ahead of time, due to erratic price action, the pivot area is very wide, if "what goes down must go ...
Cable Update (GBPUSD)
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Reverso replied Aug 26, 2022Yup, thanks, your explanation is very clear, i am the type to trade when i see the setup/pattern is there, the issue with waiting for retrace is that the price might not retrace and just go all the way, missing a trade that would have TP. Of course ...
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Reverso replied Aug 26, 2022I dont think so, may i know whats the reason behind this question? Are you saying SL is more likely to hit at round numbers? All i know is theoretically my win rate will be around 60-70% if all the trades taken in that month itself are correct and ...
Cable Update (GBPUSD)
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Reverso replied Aug 26, 2022Lol stopped out, that's a hurting of 3 sl for 1 day. 3 more trading days left in Aug, its another month of shameful return just like July, mistakes from previous week eaten up my profits. Going to sleep, its midnight already here, I'll try to think ...
Cable Update (GBPUSD)
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Reverso replied Aug 26, 2022Bounced off strong support with bullish engulfing confirmation, high probability trades like these I will enter disregarding quota. Long entry 1.17856, SL 1.17500, TP 1.18391 Will exit before session ends today regardless of outcome, don't want any ...
Cable Update (GBPUSD)
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Reverso replied Aug 26, 2022Agreed, my current lowest support zone I drew, the area is 1.17400 - 1.17600, price reached there but reversed upward strongly, leaving long wicks. Now I am just waiting for bullish engulfing confirmation to enter the trade, will close before the ...
Cable Update (GBPUSD)
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Reverso replied Aug 26, 2022Feeling naughty with a quick trade, rob some profits from market like a thief. It made my Friday (or Fryday? account got fried a bit lol) with 2 SL, feel a little relief.
Cable Update (GBPUSD)
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Reverso replied Aug 26, 2022What a move, I was preparing to sleep, only to hear an Alert telling me the price pumped so hard it touched my long term pivot, I expect rejection off there so I put another alert to notify me once a bearish engulfing confirmation is printed, then I ...
Cable Update (GBPUSD)
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Reverso replied Aug 26, 2022The color doesn't mean anything, maybe the site thinks it will be easy on the eye by having different color represent every month?? Anyway, the picture just simply means +8.17% for July based on July's starting balance, and +13.72% based on Aug's ...
Cable Update (GBPUSD)
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Reverso replied Aug 26, 2022Sad, SL hit due to near SL with wider spread, worst scenario two SL for the day. That will wrap up this week. Not bad, but not too good either, had quite a few trades taken outside of system, should reduce such trades in future, control the urge to ...
Cable Update (GBPUSD)
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Reverso replied Aug 26, 2022This analysis materialized, price reversed and now stays below my daily pivot, entered Short, this will be the last trade for the day, as I hit one SL just now due to impatience. I truly feel comfortable with this trade compared to the one I just ...
Cable Update (GBPUSD)
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Reverso replied Aug 26, 2022This cute trade hit SL, should've stick to initial plan that is produced by my rational mind, this cute trade was entered I think because of "gambling addiction"? The tempted feeling just to go at a trade without patience. Lesson learnt, to hold on ...
Cable Update (GBPUSD)
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Reverso replied Aug 26, 2022Glad we join forces this time lord wizard, pump it.
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Reverso replied Aug 26, 2022Took a cute Long just now, based on: 1. After price broken pivot to upside, subsequent few candles actually retested the pivot before producing another bullish candle. 2. Continuing from point 1, that bullish candle produced broke an area that has a ...
Cable Update (GBPUSD)
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Reverso replied Aug 26, 2022Took a good look at the pivot location for the past few days, noticed the current trend is ranging now, support pivot gets broken to downside, resistance pivot gets broken to upside, a clear trend is when the pivot location is getting higher and ...
Cable Update (GBPUSD)
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Reverso replied Aug 25, 2022I guess you quote the wrong person, I'm not Pat lol.
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Reverso replied Aug 25, 2022Haha i guess I'm still a little unstable, i just exited again, with a small loss, i just want to sleep and don't want carry this burden, i earned enough and should have some peace now. See you tomorrow, it's another new day to trade.
Cable Update (GBPUSD)
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Reverso replied Aug 25, 2022Re-entered with 1 pip worse price than I've exited, along with duplicated commission fees because I re-entered back into same trade. I better stick to my rules and let it ride all the way to final destination. Likely this will TP, my gut told me. ...
Cable Update (GBPUSD)
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Reverso replied Aug 25, 2022I exited prematurely a moment ago, earning 50% of the TP, this time I behave like a thief, I take what I can and don't want to worry about it, it's my 3rd trade for the day so it is flexible unlike the 1st trade of the day need to follow exact ...
Cable Update (GBPUSD)