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- JackintheBox replied May 24, 2023
I think you earn money on forex. I'm currently in a phase where I finally switch from break even to profit since few month consistently. And yes, it is much more complex. Lots of currencies have their own character and you have to adapt accordingly, ...
EURUSD only
- JackintheBox replied May 24, 2023
I see...yes, i'm on it to analyze this strategy. It helps to reduce drawdowns but not sure if wins big enough to cover short term moves you miss than. Thanks for reminding.
EURUSD only
- JackintheBox replied May 24, 2023
untradable in my view. Picked low today for 5 pips and top at 1.0801 for 5 pips and closed. I have some stats so I can see extreme overdone markets. Very seldom what you see today but it is classical market manipulation. Drop and buy back we have ...
EURUSD
- JackintheBox replied May 24, 2023
Shorted 1.08007, closed 1.07960, was too much. Crazy sh*t today.
EURUSD only
- JackintheBox replied May 24, 2023
How much have you lost in pips on run up without no retrace from 1.0755 till 1.0790? I hate these moves, often seen in EUR/USD. Classical bullsh*t today. Longed 0757 - 0762 and 0750-0755. No more. Not even consider short yet. Classical reversal, ...
EURUSD only
- JackintheBox replied May 23, 2023
Hit on the spot...more buy from them. I stay aside. 1.2420-1.2430 possible. Trap is forming for long traders.
Cable Update (GBPUSD)
- JackintheBox replied May 23, 2023
Closed rest longs at 1.2404. I think some professionals lost money today. They want to sell it off more probably but level is difficult. too much selling power before at 1.2392 so they bursted that level with high volume to the upside. Cannot drop ...
Cable Update (GBPUSD)
- JackintheBox replied May 23, 2023
Cheers, sold half at 1.2396
. Sometimes it's easy but it's still seldom for me to see.Cable Update (GBPUSD)
- JackintheBox replied May 23, 2023
Haha, it is so obvious they are loading longs into the pocket currently, trying to hide it. When they need Sellers (like currently) they have to wait to eat them up. If market get's too high because of that they wait to dump the market on low volume ...
Cable Update (GBPUSD)
- JackintheBox replied May 23, 2023
Haha, I hate that, too. They try to trap (position) the retail traders and than they move it. They also need volume at certain spots, else it is a +/- 0 game for the market movers. I traded myself in today, long on average at 1.2378, small but ...
Cable Update (GBPUSD)
- JackintheBox replied May 15, 2023
I want that everybody knows how I feel: Borrrrrriingg Borrrrrinnggg ....
Markets sleeping mode again. That's one of the major problems I have. Most times nothing happens. I work on it to solve it. Cheers.Cable Update (GBPUSD)
- JackintheBox replied May 12, 2023
Numbers are really bad for more rate hike, so good for USD, spiked down as it should, now retrace, I don't know why. Even the lows were not taken out. I think we should call it a day. Two weird GBP/USD days end...
Cable Update (GBPUSD)
- JackintheBox replied May 12, 2023
Hell, what are they doing. I'm out, +/-0. No patience for me, PA SUCKS. No move, nothing, same crap like yesterday. PLEASE LEAVE GBP/USD whoever trade it like that with big money Edit: Good, that I got out. Again confirmed: Don't trade with the ...
Cable Update (GBPUSD)
- JackintheBox replied May 12, 2023
Perfect setup now for short. I could take my SL down to 1.2510. They attack again now, if 1.2510 is failing to hold, than upwards probably (should hold). Damn it, USD is weak. My patience is tiny... USD/CHF down 15 pips. SL 1.2510 (-2 pips loss if ...
Cable Update (GBPUSD)
- JackintheBox replied May 12, 2023
Consolidation finished, retailers taken out to up side. I short now 1.2507, SL 1.2525, Target: 1.2480. I never trade like that but I want to learn so... I try it.
Cable Update (GBPUSD)
- JackintheBox replied May 12, 2023
Haha, they really do it, lol. Greedy guys. Let's see if they shake out now the weak hands shorting at 1.2496 with a retrace. But PA shows strong sell, not letting out longs. Happy I'm not yet long lol. (of course not) Scalped from 1.24925 to ...
Cable Update (GBPUSD)
- JackintheBox replied May 12, 2023
Yes, I realized that too. Too good options always indicate it's not a good option
. Break there, sad, they were too greedy again, no nice retrace, I'm not in, next stop 1.2496 than 1.2480, 1.2465. I hope for a retrace now to jump in, ...Cable Update (GBPUSD)
- JackintheBox replied May 12, 2023
And 1.2505 taken... btw: I'm not in, retrace before was too small, probably rejection of break. Neither long term scalp, damn, no trade yet for me.
Cable Update (GBPUSD)
- JackintheBox replied May 12, 2023
1.2505, we are coming... - should be ideally one more retrace up and than break. Trading breakout know has some retrace issues, not good to trade yet. Struggeling today came from long-term uptrend line. Always goes above it and under water again. ...
Cable Update (GBPUSD)
- JackintheBox replied May 12, 2023
That is funny. May be I take a break out trade today, Dr 34 pips, ADR >60 Pips, chances of breakout today >98%. So I should take it if it comes (I almost never trade breakouts). Target-Buy: 1.2542 (TP: 10-20Pips) Target-Sell: 1.2505 (TP:10-20Pips) I ...
Cable Update (GBPUSD)