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Reverso replied Aug 19, 2022Yes I am transparent, I want others to know I am not a fake person claiming to be someone wildly successful, I want others to witness my transformation all the way to my retirement, which I expect somewhere next year, I am confident I can pull this ...
Cable Update (GBPUSD)
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Reverso replied Aug 19, 2022This month Aug from height of 17.58% dropped to 7.98%, it is shameful to look at. I still have 8 trading days this month to redeem myself to a more acceptable return rate. With that said, I am glad I am still positive.
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Reverso replied Aug 19, 2022I guess one good thing about just following rule based system is that I remove a lot of subjective thinking, market extremes or whatever that's happening, to be honest I did not know about it, people might be thinking I was mad going short today ...
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Reverso replied Aug 19, 2022TP gracefully hit, that's it for this week. Finally broke my losing streak, ending the week with TP, like phoenix risen from ashes. With the pain endured throughout Tues, Wed, Thurs, I think I grown up a bit in trading, moving forward I hope I will ...
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Reverso replied Aug 19, 2022I tried a few iq tests and i noticed a pattern is that, the iq test is testing your ability to recognise pattern and give the correct answer. In trading, we rely on patterns too, so i think iq test is somewhat related to trading, the higher your iq, ...
Cable Update (GBPUSD)
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Reverso replied Aug 19, 2022The ongoing perfect trade is doing well, retest the lower end of long term pivot then continued downwards, further enhancing the confidence.
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Reverso replied Aug 19, 2022The system I use is some kind of breakout strategy, go past a certain high then go Long, vice versa, so indirectly it also means buy high sell low. But the thing is, how do we know the high is the last high that it won't continue going up? The ...
Cable Update (GBPUSD)
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Reverso replied Aug 19, 2022Safe short entry materialized quick, in that candle itself, entered Short. Entry 1.18865, SL 1.19196, TP 1.18367. This will be my redemption trade, hope this will be the TP that end my losing streak, this is a sky high confidence trade. Bogdanoff ...
Cable Update (GBPUSD)
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Reverso replied Aug 19, 2022Got notified by alarm that the lower end of long term pivot is again breached, the safe Short scenario is looking more and more likely. Safe short entry will be a close below 1.18884 in M15, SL 1.19196, likely entry materialized in a few candles.
Cable Update (GBPUSD)
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Reverso replied Aug 19, 2022Mi Lord, what is your SL? your TP is quite tight, i guess your SL is even tighter? Might want to copy you once to end my losing streak, im doing so bad lately.
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Reverso replied Aug 19, 2022A close below lower key level 1.18884 (M15 timeframe) i will enter short, close below this level also means broken long term pivot, daily pivot is also located up providing resistance, overall is a high confidence trade. A rejection from upper key ...
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Reverso replied Aug 19, 2022Exited prematurely for a tiny loss, I am glad price rebounded near my entry now to minimize my loss. I exited on the basis that London is opening soon, price is well below daily pivot, so the bias is clearly Short if price unable to stay at a higher ...
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Reverso replied Aug 19, 2022Green retail sales data but just a spike in price, then continued down again =')
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Reverso replied Aug 19, 2022Price broken long term pivot then did a V shaped recovery back into the pivot range, I risked a Long on this. Entry 1.19179, SL 1.18924, TP 1.19562
Cable Update (GBPUSD)
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Reverso replied Aug 18, 2022Last line for defense for GU at 1.18985 (lower end of long term pivot), losing it then long term downtrend will be solidified. Today's daily pivot marked with yellow highlight, located just above the long term pivot, if after London Open the daily ...
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Reverso replied Aug 18, 2022You can start by clearly typing it down into your excel file, ask yourself what do you want to see if you want to go Long / Short, if condition not met, then no trade. As for lot size, if big lot gives pressure to you, just switch to lower lot. ...
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