Cable Update (GBPUSD)

Quoting here2there

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{quote} It does work on occasion to place limit orders at extremes. But your way of trading is smarter, and judging by your posted results, obviously effective. The 30 minute time frame is not something I have explored much. I usually stick to higher time frames, such as the 4HR and the Daily. But seeing your results sparks my interest. You are doing very well!

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Quoting Pat Chiko

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{quote} If you're Price Action Trader (PAT), you will be able to identify it. All is in the Chart.

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Quoting Waveskierrob

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SHORT 1.3675 no tp no sl ...oh here's my chart:- {image}

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Quoting Georginson

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{quote} It's now in buy zone for at least 50 - 60 pips correction... 4 hours candle stretched by 42 pips which means buying risk is now very minimal. Buy now at 1.3653 and target 1.3700. Cheers.

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Quoting Pat Chiko

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{quote} Yes, I scalp only. I use H4/Daily for my scalping set up. M30H1 are just for entery to find better price. No analysis done at M30/H1 TF, only entry.

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Quoting Waveskierrob

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SHORT 1.3686 no tp no sl

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Quoting OAPDave

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{quote} My observations lead me to believe that on (MY) Daily chart most Daily Candles close with a Wick of some sort My thought is that its by design to tempt you to stay in overnight no matter if you are in profit or not {image}

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Quoting Pat Chiko

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{quote} GU Closed all SCALPING position. Fish in the net. Easy catch at Liquidity zone. {image} Rule of thumb: In a bull market, be long or neutral - in a bear market, be short or neutral. If you forget this rule and trade against the trend, you will usually cause yourself to suffer psychological worries, and frequently, losses. Another point to ponder Most traders is looking for longs at the first consolidation zone, but sometimes price broke to the south again. That is why we never trade on anticipation, only reaction. I'm always open to whatever,...

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Quoting Pat Chiko

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{quote} Nemo.... I got you Thanks for the fishy signal... {image}

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Quoting gf233

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{quote} Sorry....What do you mean when you say wait for the reaction?

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Quoting Pat Chiko

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{quote} I was one of those " Trade with anticipation "....lol Tat was the stupid of me long time ago. I left it somewhere, not wanting it anymore.

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Quoting genadi

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{quote} but you have changed your targets. you were targeting way lower. why did you took profit early? what made you to change your plan?

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Quoting Pat Chiko

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{quote} I don't want to create another "Get Rich Quick Scheme". I prefer slow rich.......... Joking only. Yes price may go down a bit or push up range 20 pips. I'm not going to wait for small movement stopping me doing something else., eg like - reading book etc. I want to wind down and enjoy balance of the day. I'm not chasing pips. What I got is sufficient to deliver another "Food Bank" for the needy tomorrow. Yes, I'm running small food bank to help in time of crisis in Malaysia Regards PAT

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Quoting Waveskierrob

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LONG 1.3664 no tp no sl

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Quoting Houtbay

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Price action on the monthly and weekly are still very bearish. No lower support as yet

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Quoting Georginson

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{quote} Please explain your bias... Thanks.

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Quoting donfriday

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{quote} i am still learning

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