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Lenart replied Sep 28, 2023Yup, that would be great entry. My reasoning for 1.053 in picture. Red line (S/R level) is in confluence with upper line of pitchfork. SL 50 pips and if it gets to 1.056 I'll add to position.
EURUSD only
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Lenart replied Sep 28, 2023Agreed. PA touched my TP, so I don't have position open in EU. Waiting if it can show tinny sign of strength life to get to 1.053 to start new short from better position.
EURUSD only
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Lenart replied Sep 28, 2023That drop (not full, only part of it) is guilty for 13% increase of my total equity.


Now I plan to wait a bit to see where price will go. Some sort of retrace is almost overdue, but bulls appears to be sooo shy and timid...EURUSD only
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Lenart replied Sep 28, 2023Ata, ofc I know what RRR is. He might be reffering to sth else - 10% of equity, 10x on a position equity requirement, ... Best wishes to you, too and all the traders.
EURUSD only
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Lenart replied Sep 28, 2023Hey, shakmoney. I don't see bullishnes, too, but I don't fool myself to know anything, so he might also be right. And if someone sees PA differently than me or you, then that is no reason to call him crazy. Let's respect each other. After all we all ...
Cable Update (GBPUSD)
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Lenart replied Sep 27, 2023Finally luck with TP. Usually comes within few pips and back off, but not today. (I trade live)
New Cable Thread & Other Pairs
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Lenart replied Sep 27, 2023My view on GU (repost of a picture, PA going along so far):
New Cable Thread & Other Pairs
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Lenart replied Sep 26, 2023Back to trading. I don't trade GU at the moment as I have other positions open and I want to have some equity in reserve. However I watch GU closely and I (as IUS) also expect price to get to 1.21. Here is my educated guess (fib retracements and fib ...
Cable Update (GBPUSD)
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Lenart replied Sep 26, 2023Agreed. I feel the difference from 100x to 30x. Slower growth of equity, but more room to correct mistakes. I totally agree that lower leverage means stable business, so as my equity grows (fingers crossed

) I plan ...Cable Update (GBPUSD)
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Lenart replied Sep 26, 2023You made almost 5% in one trade. Dude, that should be OK for anyone. Don't overtrade. If you'd manage that every single day, you'd turn your 600 USD into over 10 milion (bilion for USA) USD in 200 work days (yes, that's 10.000.000 USD). Get it?
Cable Update (GBPUSD)
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Lenart replied Sep 26, 2023Respectfully disagree. If I have (let's say) 1 t€ account. 100x leverage gives a change to operate with 100 t€. If I use it in full, error margin is tiny. On the other hand - if I trade only 2 t€ at time, margin for error is significantly lower, but ...
Cable Update (GBPUSD)