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JereMi256 replied Sep 27, 2023Bears want the whole September to themselves!? Enough already!
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JereMi256 replied Sep 27, 2023The results are nice if you know what you're doing.
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JereMi256 replied Sep 27, 2023Manually closed all longs @BE sidelines, waiting for news
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JereMi256 replied Sep 27, 2023It's still in ranging mode. I have settled with these lows for now. If they don't work out, I will buy again lower.
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JereMi256 replied Sep 27, 2023The market has a tendency of ranging when it's near monthly close(25th- 30th) and at the first week of a new month(1st - 4th). This is because most banks are busy analysing log books/records and preparing for a new month start.
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JereMi256 replied Sep 27, 2023Nice plan, I have something similar too. What is your SL however? image I want to observe the behaviour at this OB(orange zone)
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JereMi256 replied Sep 27, 2023If it's a ranging structure, I add positions at the top/ bottom of the range and wait for more info.
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JereMi256 replied Sep 27, 2023My first reaction to that is to reduce the risk. For example, if I have entered 5× 0.01 lots, I cut off 2/3 and wait for more information to avail before I take my final decision. Nice question, Knkie. Have a great day!
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JereMi256 replied Sep 26, 2023I will take your opinion if the monthly candle doesn't close with a rejection of these lows (1.2150). I think 1.23 and 1.2350 are possible, let's wait for Friday's close.
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JereMi256 replied Sep 26, 2023Hey buddy, I think you're trying to catch a bottom. Bears are still in control. We should at least see a shift in structure on M30 TF to give bulls a chance. I also try to catch bottoms but I don't hold for long if I don't see a good reaction from ...
Cable Update (GBPUSD)