Cable Update (GBPUSD)

Quoting Pat Chiko

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{quote} Thanks Genadi. Where are you now ?. Monte Carlo, Monoco, Morocco or in Macau ?. BTW, must agree with your wisdom. Adding to that, in my opinion, the only traits we really need is good discipline, good money management, and decent trade system or model ... then we should be fine. Then sprinkle with some luck.... just like Jay did it.....({image}

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Quoting Macd-rsi

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{quote} No solid idea behind, since it is just a collection of three Moving averages! it is a matter of debate . . .

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Quoting Yngwie

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{quote} This time just a simple 4H fibo. Usually work if PA calm. {image}

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Quoting kuroro001

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First level was reached and bounced off Waiting for the second below 1940/80 to buy Bring me downside {image}

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Quoting ToSatisfy

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{quote} Alright I Take Off Buys I am in with Shorts now Target Initial TP and beyond {image} Timeframe H1 Lets see how it develops

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Quoting kuroro001

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{quote} Still waiting this 1940/80 area But 1.08/1.13 range is what i want in january/february

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Quoting Pat Chiko

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{quote} GU Some cash out, some add. Hope it will reach target 2 by NY. Tomorrow no London market. Going to be calmer, and may consider to minimise open position going thru the holiday. Take care and trade well. Current position, after price RT the range box.{image}{image} DXY{image}

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Quoting genadi

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{quote} I am in Vilnius, Lithuania. Place full of snow (the white thing that you guys in warm countries never see). I have no wisdom, I just study charts from smart guy called Pat Chiko, there are a lot of value in his charts.

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Quoting Georginson

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{quote} A GOLDEN RULE OF NEVER PUT ALL YOUR EGGS IN ONE BASKET... I will share a story that I have never shared here in forexfactory... I started trading forex since July 2007 and was never consistent for 7 years, I lost many friends, my integrity shattered and I was the definition of poverty. Forex was all I knew and all I was doing... Fast forward to October 2014, I got a job at a microfinance institute and started earning modest salary which made me stop trading forex for 14 months but occasionally just check GU chart to see what's going on the...

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Quoting Pat Chiko

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Looking back for the past one year......... Which do you think better for a trader to improve their skill. Here is the option going forward : Is logic, common sense, and insight that goes into designing/refining a system is far more important than the backtesting process or results. ? At issue is how you generate and refine your system. On the one hand, you have the thought processes. This is how you come up with ideas for making or improving a system. This is the “art” side of system design. This includes how you go about brainstorming, and is...

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Quoting Pat Chiko

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Any Brits here to help me to understand this.{image} What do these taste like?

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