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Jolita replied Feb 1, 2024Wow. Ceasefire and lower lows. I am glad I entered longs on competition account, when checked I was +4k , 5 mins later bang bang.
WTI Crude Oil Trading
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Jolita replied Jan 31, 2024Gold is bouncing of daily resistance, might attempt one more time ~2050, and if rejected , down will go. ATM stuck in the zone 2030 - 2040 - 2050
Cable Update (GBPUSD)
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Jolita replied Jan 31, 2024I use a bit of all fundamental and technical analysis both playing big roles in trading, f.e fundamental best to use for long time investments and technicals for short. There is also sentimental, which is also important one.
Cable Update (GBPUSD)
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Jolita replied Jan 31, 2024BOE rates are next. Expectations from everyone iare pessimistic, in order to avoid recession rates should be lowered to 5%. There are shortages in job market and Red sea issues can weaken situation in the coming months. Bet than BOE governor is ...
Cable Update (GBPUSD)
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Jolita replied Jan 31, 2024Yep, unchanged. March rates now become top interest.
Cable Update (GBPUSD)
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Jolita replied Jan 30, 2024As long as your winners are bigger
Do you know that trades with 1:3 risk reward ratio only need 26% to be profitable, at 25% makes break even. Calcs for this are: 1 ÷(1+3). = 1÷4=0.25 X 100= 25% At 1:5 over 17% winning trades makes you ...Cable Update (GBPUSD)
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Jolita replied Jan 30, 2024Dxy is at daily ascending trendline lows Weekly already tested resistance Looks bullish to me, mininum highs 10362 Tomorrow's calendar looks interesting. Maybe rates unchanged .
Cable Update (GBPUSD)
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Jolita replied Jan 30, 2024Good plan and can work. Easier when loss is calculated on funded value, Could get tricky if just on equity. Tight SL is needed, also good to stick to winning trades something like 1:3 or 1:5. All the best.
Cable Update (GBPUSD)
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Jolita replied Jan 30, 2024How do you control daily or maximum loss allowance? With big lots you trade this can easily get out of control and lose the challenges. Better not ofc!
Cable Update (GBPUSD)
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Jolita replied Jan 30, 2024Hi BB 12640 was my brokers selling signal tp. Nice spot to buy again. Would like Asia to retest lower. If you master ranges can definitely bring green pips. If it breaks any direction, wait for a retest and enter into direction of the breakout. ...
Cable Update (GBPUSD)
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Jolita replied Jan 28, 2024Looking at the candle closures, I will be looking to short Mon / Tue, and long end of the week.
Cable Update (GBPUSD)
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Jolita replied Jan 24, 2024[quote=T721;14731021] image Lotsa Volatility tomorrow[/quote Thanks. Lots for Euro zone news. USA GDP predicted to slow, 2.7% in 2023 and 1.28% in 2024. According to calcs should be green data, something around 2.5%
Cable Update (GBPUSD)
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Jolita replied Jan 24, 2024Weekly candle stuck at resistance /trendline and printing lower ATM. Weekly High just above 12827 Low 12432 image Not checked the news calendar, are we waiting for any statistical data this week?
Cable Update (GBPUSD)
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Jolita replied Jan 24, 2024TSLA earnings time expectting to move stock price by 6%
Cable Update (GBPUSD)