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Rag2RichesFX replied Oct 25, 2016I'm up 14% in the past 12 days and 50% over 3 months. I take 1-3% risk per trade. You must have a much lower risk profile than myself but that's still a great return. See you all for London (if I'm in a chatty mood). Happy trading.
Cable Update (GBPUSD)
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Rag2RichesFX replied Oct 25, 2016My stop was honored, only a little slippage. Took a loss of 60 pips on the FC, could have been 500. Sorry to hear about your losses. In the past 3 months I had a 855 pip long and 913 pip long on GBPJPY (130ish to 138/139ish, twice) So money can ...
Cable Update (GBPUSD)
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Rag2RichesFX replied Oct 25, 2016Yes but if November doesn't close green, I'm thinking December will. Just based off of what I'm seeing now. The best opportunity comes when there's blood in the streets. Also BNP Paribas put out a buy recommendation @ 1.22 for 6 month time horizon ...
Cable Update (GBPUSD)
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Rag2RichesFX replied Oct 25, 2016I'm happy when I make a Civic in one day. That's like 2.5 mil a year if you did it everyday. Hell I'm happy if I make $100 because that means I didn't lose.
Cable Update (GBPUSD)
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Rag2RichesFX replied Oct 25, 201680 to 90% or more of candles have a wick on both sides. If you look at yearly candlesticks, we rarely close on the high or low of the year. So yes, fading the major trend of the year in Q4 is actually a great strategy. I'd say its around an 80 or ...
Cable Update (GBPUSD)
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Rag2RichesFX replied Oct 25, 2016took 10 off at screenshot, 15 left (intraday) holding fully long (swing) pictured below: 1 hour (intraday position)
Cable Update (GBPUSD)
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Rag2RichesFX replied Oct 25, 2016right, cut losses quick, let winners run but only until you see that PA says get out im buying for a daily reversal. expecting a pin bar on the daily or at least a decent wick.
Cable Update (GBPUSD)
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Rag2RichesFX replied Oct 25, 2016sorry bro, had to do it to ya ha I'm kidding. most people don't kno it takes 1000-2000 lots to move the market 1 pip (during high liquidity hours) entry was shit but I'll still make a profit here. classic drop and pop after a stop run
Cable Update (GBPUSD)
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Rag2RichesFX replied Oct 25, 2016then take your damn profits. if there's one thing I learned over the years, it's take profits. don't swing for home run. my intraday account makes more than my 300-1000 pip swing trading account. probably because I'm constantly taking profits!
Cable Update (GBPUSD)
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Rag2RichesFX replied Oct 25, 2016beautiful short that I missed. Now it's time to try and fade this from 1.21 See if it can bounce from weekly s1
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Rag2RichesFX replied Oct 18, 2016Full hedge on swing position until we make fresh high or until PA says go long again
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Rag2RichesFX replied Oct 17, 2016more need to rally and establish a range where there is none (the flash crash)
Cable Update (GBPUSD)
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Rag2RichesFX replied Oct 17, 20160.90? That's pure robbery. Feel sorry for those who live in UK who didn't trade a core short position these past 2 years. Where price is now is acceptable, although they will still feel the inflation. But under parity? That would be unbearable (if ...
Cable Update (GBPUSD)
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Rag2RichesFX replied Oct 17, 2016Nice one. Took the same trade for +44 pips intraday. Swing account? Still long. I see a restest of 1.2800 former support now resistance.
Cable Update (GBPUSD)
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Rag2RichesFX replied Oct 17, 2016I've returned from my 2 month break (which I took due to a 20% drawdown). Trying to catch this bottom with 1:10+ R:R So who thinks we will break the 1.05 low and who thinks we will hold it?
Cable Update (GBPUSD)