The Fibonacci channel projections (FCP)

Quoting Inthebox

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ga m15 sell set up {image}

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Quoting Inthebox

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{quote} ga m15 sell result {image}

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Quoting Seysin32

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Simple scalp: +30p. {image}

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Quoting kvak

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Hi. GJ M30 sell. UJ H1 sell. lets see.... {image} {image}

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Quoting GoldBean

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{quote} Did you enter the trade after the pullback to 100? or right away during the break out?

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Quoting kvak

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{quote} GJ hit SL Gold M15 {image} {image}

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Quoting Inthebox

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{quote} i have my intended trade unit divided by 3 so that one can be at break out, one on pullback, the third one as i see fit. this is my own preference. the first one is like a scout out to test, the rests when the movement becomes clearer.

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Quoting GoldBean

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Hi Seysin and In the Box, could you show me what mistake i've made for this trade? indeed no divergen, the channel seems perfect as in intercept the mid channel after point 1 and bottom channel right on the bottom price in the channel. really appreciated it any comments {image}

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Quoting GoldBean

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{quote} Hi Kvak, if i see your gold trade, if we entered during the first 3 candles after breakout, we will lost the trade and hit the SL, while on those 3 first candles seems like the bottom wick clearly showing the rejection around that area. how do you think, we can pass those 3 first candles and wait? should we always in this case, wait until it reach again the trigger 0.782 area? any thought?

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Quoting GoldBean

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{quote} Hi Seysin, did you really wait for the MA crossing separated visually to enter the trade? because on this trade seem you could directly enter on the 100 level of the fibo?

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Quoting kvak

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{quote} Hi my morning view for gold was looking for sell I have pending order.... I will disappoint you, no magic. Lucky buy. I don't have much time, I'am babyssiting my kids, they have a closed school..... I had time for a while, I looked at other timeframes and it was only after those red candles. I painted the channel and then go to buy. Really lucky {image}

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Quoting Seysin32

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Hello everyone! {quote} I very rarely enter without the 1.000 test. I do this in the case, when the price crosses the TL many times back and forth, but does not make a new min/max. In this example I did not enter at trigger1. So as soon as the price touched trigger 2, I entered, by this time the MA lines crossed. Chart below: Three candles closed under Trigger line1. There is no signal candle. You can’t enter. {image}

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Quoting Seysin32

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Simple scalp (entrance to m5): {image}

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Quoting GoldBean

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{quote} ...rarely enter the 1.000 (at first I bet) because it is too risky the price might trying to break the channel, and more of it if it try touching multiple time to break the channel. Of course after sometime when it pullback again to 1.000 it might be better to enter as long as we have the trigger candle ...

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Quoting GoldBean

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{quote} ...the trigger candle you mean here usually a pinbar, double top/bottom, or bullish/bearish engulfing?

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Quoting GoldBean

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{quote} Hi Seysin, this trade interest me, what is triggering you to enter here, as it have not a pullback to the trigger line? solely due to the bullish candle of it that pierce right to the 0.782 area?

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