Cable Update (GBPUSD)

Quoting Viktor

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{quote} {quote} Are you perhaps stating that it's possible to trade well without volume data? Also, we know that "Japanese Candlesticks (including their "wicks") are only a constructed draw graphically representing the price levels where something has been transacted, in relation to specific chunks of time? As well as "time-frames". So candle open/close prices (except the opening and closing of some markets) are nothing else than the "space" where tick after tick price has changed up and down... hence there are candles inside candles inside candles...

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Quoting Garthmetro

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{quote} How do you think that will impact GBP?

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Quoting navk

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bearish in the 4hr

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Quoting dempire1

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{quote} hello sir what do you look for to confirm that its bearish? thanks

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Quoting RickM

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{quote} Hi Victor Of course you can trade without volume, I have performed that task with reasonable profits for years. But I earn far more $$$$ using volume data with lower draw down so for me it’s the best way of trading. There is a very high chance a candle will contain a wick, even if it’s small. My reasoning is if price is running and there is only 5% of time left till candle close, fading the price now normally creates a win. Often I see professional traders enter in this period and trade price towards the POC of a candle. Maybe only a few...

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Quoting ashur123

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TP 1.20 {image}

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