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Real Trading

Quoting Pat Chiko
{quote} HI Steady but not Slow, Is this just January things ? 1. $SPX is trading like the Fed’s going to crash markets 2. Bond markets are trading like $SPX is at 5000+ 3. WTI Crude is trading like inflation is at 20% 4. Gold is trading like inflation doesn’t exist 5. Tech stocks are trading like rates are going to 10% Nothing adds up. I ended up with scalping everyday, lol
Unfortunately I am not knowledgeable enough to have an opinion on these matters. Plus the interdependencies are way too much for any unified approach to fundamentals imo.

I just look at the charts and try not to have any directional bias.
PA shows the way.
Quoting TrickorTrade
{quote} Notice M formation/Double tops on H1 {image}
Closed GOLD short at a loss. Mitigated my risk and closed for small loss. I did not like how the last H1 candle closed. Still probabilities for downside is there but I like higher probability trades. Now I would keep an eye on H4 candle closures to understand bias.
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I cannot trade this PA......going nowhere..
trading is simple but is simple is not easy.
Eurusd long
entry: 1.13445
sl: 1.13234
tp: 1.13869
40 pips
If it was easy... Everyone would do it!
Audusd long
1% risk
sl: 0.71835
tp: 0.72262
entry: 0.72000
25 pips
If it was easy... Everyone would do it!
Quoting ZenNy
I cannot trade this PA......going nowhere..

Same here. Been sitting here long enough.

Not going anywhere with this kind of signal.



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Fear of losing is the #1 reason you are losing.
lol...


Patience is the key to success not speed. Time is a cunning speculator’s best friend if he uses it right. – Jesse Livermore
trading is simple but is simple is not easy.
Quoting Pat Chiko
{quote} I think it is "W" with Triple bottom going back into range box ?. Maybe I'm confused. Anyone else with different view and ideas. Please share Thanks {image}
PAT good call on the W formation. My eyes could not catch it. thank you.
Quoting Pat Chiko
{quote} I think it is "W" with Triple bottom going back into range box ?. Maybe I'm confused. Anyone else with different view and ideas. Please share Thanks {image}

GOLD

short set up.

Wait for confirmation

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Fear of losing is the #1 reason you are losing.
GJ M30
2 short set up

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I don't predict. I try to react.
added another short, same stop loss same target.


maybe stupid decision
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You can only lean on those things which provide resistance
Quoting Mr.Burger
{quote} {quote} thanks and agree with you Pat, However, usd doesn't want to budge, still has blood left to push pound to the south for me there is a possibility of going all out my positions if usd power runs out and the bulls make to pull it to the north for my fourth wave {image}
GU, out on BE+
stop and reverse, 1:1 scalp mode on
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Daddy, Brother, Lover, Little Boy
Quoting Pat Chiko
{quote} GOLD short set up. Wait for confirmation {image}

GOLD


Scalpiong

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Fear of losing is the #1 reason you are losing.
au long 7213 sl 7190
trading is simple but is simple is not easy.
Quoting ZenNy
au long 7213 sl 7190
I am with you

Audusd currently at resistance
Quoting Mr.Burger
{quote} GU, out on BE+ stop and reverse, 1:1 scalp mode on {image}
OK -- closed all orders GU --- I need profits to recovery fails trade yesterday
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Daddy, Brother, Lover, Little Boy
How confident would one feel if one got into a taxi and it’s raining outside and the windscreen wipers are not working. In life we all require a plan for the day and this creates order in our lives and this is true for every endeavour.
Usdjpy long currently
Quoting Mr.Burger
{quote} OK -- closed all orders GU --- I need profits to recovery fails trade yesterday {image}
GU, sell limit for scalp RN 3650

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Daddy, Brother, Lover, Little Boy
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