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BigNumbers replied Nov 20, 2023too many levels on gu if it breaks the next level below then we should have a reasonable amount of pips run to the next level.
Cable Update (GBPUSD)
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BigNumbers replied Nov 20, 2023gu short testing the significance of H1 levels
Cable Update (GBPUSD)
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BigNumbers replied Nov 17, 2023Now I know why we are losing money in Forex. There are times when you can not trade a particular pair. For example Gu, I said it earlier that I will trade gu when the H4 candle closes below the resistance level but when price got to the resistance ...
Cable Update (GBPUSD)
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BigNumbers replied Nov 17, 2023Losing is part of it… what matter is the overall increase in profit at the end of the day or week. good luck
Cable Update (GBPUSD)
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BigNumbers replied Nov 17, 2023you should know when a trade has failed. Don’t wait for too much draw down. Exit! I have exited my GBPNZD long.
Cable Update (GBPUSD)
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BigNumbers replied Nov 17, 2023first we need to observe our prerequisites which is “waiting” after I took profit two days ago, I did not trade gu yesterday because there was no setup but today is a good day to trade gu if the conditions align. Great set up for gu short, if the H4 ...
Cable Update (GBPUSD)
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BigNumbers replied Nov 16, 2023Result! wait for set up to reoccur, execute, then wait again for return… waiting is a prerequisite!
Cable Update (GBPUSD)
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BigNumbers replied Nov 16, 2023It is better to get use to the chart than getting used to a particular pair. All the pairs behave very similar, these patterns play out in all the pairs… indices, forex, cryto etc they are the same. see similar pattern in eurgbp and I saw it earlier ...
Cable Update (GBPUSD)
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BigNumbers replied Nov 16, 2023progressive. even AUDUSD, is also going in my favor.
Cable Update (GBPUSD)
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BigNumbers replied Nov 16, 2023oh, that’s good, just stick with those rules and always wait for your rules before entry. Good luck
Cable Update (GBPUSD)
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BigNumbers replied Nov 16, 2023I think you still need to trade the demo challenge.. it’s like a prop firm too because the first 4 people get a prize. So you’re trading a demo account with a prize attached, which is encouraging.. I don’t mean to get you upset, but with the way ...
Cable Update (GBPUSD)
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BigNumbers replied Nov 16, 2023Hey, I don’t mean to get you upset, you have not gotten to this stage. You should find one these brokers that organizes demo contest, trade the demo contest for at least one or two years. then go back and take one prop firm challenge. If you fail, ...
Cable Update (GBPUSD)
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BigNumbers replied Nov 16, 2023Gu analysis I have exited my short position. Now I’m seeing 2 possible scenarios. 1. Price will range on top of the resistance level in an attempt to flip it to support and when this occur, the candle will signal long. Then I’ll go long. 2. Best ...
Cable Update (GBPUSD)
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BigNumbers replied Nov 16, 2023Yes, you’re very correct… Price has just traded above the support on the weekly time frame. Indicating a long term change of direction. But let’s see if the price can close above the support. Some times we need to wait for a close of price above or ...
Cable Update (GBPUSD)
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BigNumbers replied Nov 16, 2023audusd kicked off while I was sleeping… now I feel it’s almost too late to jump in. Or we wait for a pull back to reduce the amount of stop loss. waiting is always a prerequisite… Recognize the pattern and wait for it to play again in the future. ...
Cable Update (GBPUSD)