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- Scotteyy replied Aug 4, 2023
Fuck it, don't usually trade this time but UJ long, no-one wants to hold that shit over the weekend, blah swaps.
Cable Update (GBPUSD)
- Scotteyy replied Aug 4, 2023
Better take her off my ignore list then, jheez...
Cable Update (GBPUSD)
- Scotteyy replied Aug 4, 2023
I like this trade although im not taking it, too late in the day for the friday and negative swaps so don't want to hold over the weekend. If you are feeling like holding a little longer 9000 is a good target for the top of the descending channel on ...
Cable Update (GBPUSD)
- Scotteyy replied Aug 4, 2023
I like this view, although it was quite a deep correction if thats what it was. Im not fully convinced we're back to bull trend just yet but will be trading longs only if the day closes bullish.
Cable Update (GBPUSD)
- Scotteyy replied Aug 4, 2023
Ight im out of all trades, ended break-even on the day. Think I need to stop trading news days for the most part. Or atleast wait until after, the garbage slow choppy price action before news just eats my stops.
Cable Update (GBPUSD)
- Scotteyy replied Aug 4, 2023
So im going with my degenerate strategy for NFP, take in both directions 2 mins before release, SL 20 pips, TP open. I don't care about the direction as long as it goes one way hehe.
Cable Update (GBPUSD)
- Scotteyy replied Aug 4, 2023
Am I reading the forex factory news calender wrong or something, CAD news comes out in 20 mins right? Why have we just seen this massive spike on CAD pairs, something been leaked?
Cable Update (GBPUSD)
- Scotteyy replied Aug 4, 2023
Where are the people in white coats when you need them?
Cable Update (GBPUSD)
- Scotteyy replied Aug 4, 2023
Probs best he has some painkillers and a glass of water too, he's gonna have a hell of a hangover...
Cable Update (GBPUSD)
- Scotteyy replied Aug 4, 2023
Had to show comment just to let you have your point but I won't bother again. I have no desire to listen to the ramblings of a mad man, I cant understand a word you are saying.
Cable Update (GBPUSD)
- Scotteyy replied Aug 4, 2023
He probs went broke and now needs everyone else to go broke to save his ego.
Cable Update (GBPUSD)
- Scotteyy replied Aug 3, 2023
At one time I used an MA bounce strategy, more specifically a 50 MA bounce strategy. I also used the 200 MA to determine trend and price would often bounce off this MA too. But then when I started studying market structure I found it to be a more ...
Cable Update (GBPUSD)
- Scotteyy replied Aug 3, 2023
You did cover fib extensions, I guess when I was adding those longs last week I was under the assumption the uptrend would continue so the fib extensions would have been above the high at ~1.31 anyway.
Cable Update (GBPUSD)
- Scotteyy replied Aug 3, 2023
Sounds good mate, will drop you a message. Gotta admit, I'm intrigued by the mysterious yellow lines
. Since our last call I've been spotting liquidity grabs all over the place and using divergence a lot more in my trading. Maybe it was your call ...Cable Update (GBPUSD)
- Scotteyy replied Aug 3, 2023
Thank you for the insight. I've gotten into the habit of adding to winning positions however I've not quite mastered the idea of taking partials. For example, when we spoke on the call I told you about my long trades I was adding to last week tues, ...
Cable Update (GBPUSD)
- Scotteyy replied Aug 3, 2023
I definitely think there's something to be said about just trading the daily, unfortunately that limits the amount of setups you may find. Not good for me as I want to become a funded trader. Although FTMO have recently introduced unlimited trading ...
Cable Update (GBPUSD)
- Scotteyy replied Aug 3, 2023
Interesting, so I assume you only activate the grid if you expect a ranging market to commence?
Cable Update (GBPUSD)
- Scotteyy replied Aug 3, 2023
I've always been interested in grid systems and I believe forex has the most potential for it to work considering they are mostly ranging markets. So if your grid lines are far enough apart it could work. However do you have some sort of fail safe ...
Cable Update (GBPUSD)