Bulls are showing up.

Cable Update (GBPUSD)

Next, one hour will tell us if the bulls have any balls left for today. tick tock

Cable Update (GBPUSD)

Having said that, if the current 4H candle closes below 1.1791 we might see the price testing the 1.1709 (this weeks low). let's see

Cable Update (GBPUSD)

the market is setting up a seller's trap, IMO. The NY equity hour will show us the direction to the upside. let's see. image

AUD/USD

market setup is favoring an upside move. 1. price is below yesterday's low. 2. almost reached 20 ADR. 3. overall trend is bullish. 4. price is below last week's high. 5. since Franky open, price trading in a down trend. image

Cable Update (GBPUSD)

To bring it down, they need to push it up first.

Cable Update (GBPUSD)

It's a real dilemma. I was an advocate of averaging. However, my experience is, how far the market will move against me that is unknown to me. Having said that proper spacing and an increase in the lot sizes of the subsequent entries eventually will ...

Cable Update (GBPUSD)

For Thomas Edison, in our jargon, a "SMART MONEY" would be a better fit.

Cable Update (GBPUSD)

These 'IDEAS' make us BIASED and we see what we like to see rather than what we are supposed to see in the chart. And doing so most of us, fall into the trap of engineered illusion. Just IMHO.

Cable Update (GBPUSD)

That leads me to ask, where does the price want to go? and how to know that?

Cable Update (GBPUSD)

The market is trying to engineer some liquidity b4 resuming the up move. The seller should wait for the NY session if any setup forms. IMHO

EURUSD only

The market is trying to engineer some liquidity b4 resuming the up move. The seller should wait for the NY session if any setup forms. IMHO image

EURUSD

I must admit, your position sizing is very simple yet very logical and sensible. Thank you for your input.

Volman meets Burke or My journey with PA

Thank you, Sir. May I ask, how you determine your contract size and do you split the original lot into equal sizes, or do the sizes of the split lot depend on the proximity to the SL ( ie the closer to the SL, the bigger the lot)? Sorry, too many ...

Volman meets Burke or My journey with PA

WoW !! nice milestone. I am sure many more to go.

Cable Update (GBPUSD)

Thank you, sir

(binned per thread starter’s request) 29yrs Trading & Still Here

Hello T721, Please let me know when can I zoom meet you. it must be too late for you.

(binned per thread starter’s request) 29yrs Trading & Still Here

It's 12.15 am. about to hit the bed. got an early morning shift. Is it ok if we do it tomorrow around the same time, please

(binned per thread starter’s request) 29yrs Trading & Still Here

Sure, will do. Thank you.

(binned per thread starter’s request) 29yrs Trading & Still Here

Thank you, Sir. Is the entry on a retracement, confirmed by the rejection candle pattern (Pin / engulf) in the LTF?

(binned per thread starter’s request) 29yrs Trading & Still Here