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Cable Update (GBPUSD)

  • #753,401
  • Jun 21, 2023 11:03am Jun 21, 2023 11:03am
Algo is delivery price for long on Gold ... the algo stop loss is right there on the chart
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My telegram: https://t.me/avidforex
  • #753,402
  • Jun 21, 2023 11:05am Jun 21, 2023 11:05am
Quoting voeltoez
{quote} please explain more..i dont understand..thanks

If you have been following George very well you will understand

Look at BTC monthly chart shape of every quarter 3 months each in 1 year then u will see the movement .
MY OPINION NOT FINANCIAL ADVISE
  • #753,403
  • Jun 21, 2023 11:06am Jun 21, 2023 11:06am
Quoting Wavegarrick
{quote} 1.27000 is holding so far but let's not underestimate the fact that we are in undecided territory aka the kill zone (Grey zone). My new dynamic level 1.27673 is the level that bulls need to break at least on a daily candle close in order to regain control and below 1.27000 for bears. For now touch and go and all trades should be seen as scalps. Trade safe. {image}
You mentioned that the current situation is in ”undecided territory” also known as the ”kill zone” or ”grey zone”. This indicates a level of uncertainty in the market, where neither the bulls nor the bears have established clear dominance.

You also mentioned that, given the current circumstances, any trades should be approached as scalps. A scalp trade typically involves taking advantage of short-term price movements to capture small profits.

What is the range? Approx.
You have an IQ lower than 90 if you interact with this user.
  • #753,404
  • Jun 21, 2023 11:14am Jun 21, 2023 11:14am
Quoting Pat Chiko
{quote} GU partial TP on UK CPI news release. Add position at discount price.{image} Boss coreg The count look neat ?
Pat, I have the same setting since the minimum conditions for wave 4 were met yesterday. If you follow the rules and guidelines you can't be wrong. Remember b/c it's a dynamic trend analysis sometimes we need adjustment when more data flows in. But of course, it's not permission to change your mind about the direction of the market 3 times a day as we see sometimes here. Have the vision and stay with it until the market tells you otherwise.
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Always trade your own plan...I don't provide trading signals.
  • #753,405
  • Jun 21, 2023 11:16am Jun 21, 2023 11:16am
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trade well ... sell...
  • #753,406
  • Jun 21, 2023 11:19am Jun 21, 2023 11:19am
Quoting DrDave
{quote} Sure it's a pullback, if you look at D1 pulling back to W2.
There is no more upside to this currency. Soon we’ll have market turmoil!
You have an IQ lower than 90 if you interact with this user.
  • #753,407
  • Jun 21, 2023 11:21am Jun 21, 2023 11:21am
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  • #753,408
  • Jun 21, 2023 11:21am Jun 21, 2023 11:21am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #753,409
  • Jun 21, 2023 11:25am Jun 21, 2023 11:25am
If you are a beginner here, I will advise you never to learn forex on your own because It may have advance effect on your mental health, lifestyle and relationship with people.

As a beginner, the first thing you should do, is find someone who is successful in trading forex and take him as your mentor... BUY his course and join his mentorship group or discord... Don't do it alone please.. someone needs to personally guide YOU! Its a JOURNEY!

Just take my advise and the journey will be shorter and much more smoother!

@Bignumbers..
My telegram: https://t.me/avidforex
  • #753,410
  • Jun 21, 2023 11:28am Jun 21, 2023 11:28am
Quoting BigNumbers
If you are a beginner here, I will advise you never to learn forex on your own because It may have advance effect on your mental health, lifestyle and relationship with people. As a beginner, the first thing you should do, is find someone who is successful in trading forex and take him as your mentor... BUY his course and join his mentorship group or discord... Don't do it alone please.. someone needs to personally guide YOU! Its a JOURNEY! Just take my advise and the journey will be shorter and much more smoother! @Bignumbers..

LOL
  • #753,411
  • Jun 21, 2023 11:32am Jun 21, 2023 11:32am
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  • #753,412
  • Jun 21, 2023 11:33am Jun 21, 2023 11:33am
Quoting BigNumbers
If you are a beginner here, I will advise you never to learn forex on your own because It may have advance effect on your mental health, lifestyle and relationship with people. As a beginner, the first thing you should do, is find someone who is successful in trading forex and take him as your mentor... BUY his course and join his mentorship group or discord... Don't do it alone please.. someone needs to personally guide YOU! Its a JOURNEY! Just take my advise and the journey will be shorter and much more smoother! @Bignumbers..
If you decide to buy a forex course, hire a mentor or something similar to this, do a lot of f---ing research before you buy! There are lots of scams! There are some people on ForexFactory that will help you for free but you have to be careful about who you decide to follow or work with. Many on ForexFactory WILL NOT act as your mentor, they are too buys with their own lives/trading.
  • #753,413
  • Jun 21, 2023 11:35am Jun 21, 2023 11:35am
Quoting ninner
{quote} LOL
BABA na fact oh... meaning "its a fact.. reality check"
My telegram: https://t.me/avidforex
  • #753,414
  • Jun 21, 2023 11:36am Jun 21, 2023 11:36am
Quoting dantpm
{quote} If you decide to buy a forex course, hire a mentor or something similar to this, do a lot of f---ing research before you buy! There are lots of scams! There are some people on ForexFactory that will help you for free but you have to be careful about who you decide to follow or work with. Many on ForexFactory WILL NOT act as your mentor, they are too buys with their own lives/trading.

As a beginner, the first thing you should do, is find someone who is successful in trading forex and take him as your mentor.
My telegram: https://t.me/avidforex
  • #753,415
  • Jun 21, 2023 11:37am Jun 21, 2023 11:37am
Quoting BigNumbers
{quote} I have posted a chart to this illustration
Thanks for that.
With a change of view to some other TFs, it is clear why "the algo" want to take out that H1 trendline: Because it is the trendline across the highs of D1.

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To free Gazans of Hamas, use whatever it takes.
  • #753,416
  • Jun 21, 2023 11:41am Jun 21, 2023 11:41am
Quoting dantpm
{quote} If you decide to buy a forex course, hire a mentor or something similar to this, do a lot of f---ing research before you buy! There are lots of scams! There are some people on ForexFactory that will help you for free but you have to be careful about who you decide to follow or work with. Many on ForexFactory WILL NOT act as your mentor, they are too buys with their own lives/trading.
best advice...DO THE OPPOSITE OF PAT CHIKO AND YOU WILL BE FINE!!!
  • #753,417
  • Jun 21, 2023 11:41am Jun 21, 2023 11:41am
Quoting BigNumbers
If you are a beginner here, I will advise you never to learn forex on your own because It may have advance effect on your mental health, lifestyle and relationship with people. As a beginner, the first thing you should do, is find someone who is successful in trading forex and take him as your mentor... BUY his course and join his mentorship group or discord... Don't do it alone please.. someone needs to personally guide YOU! Its a JOURNEY! Just take my advise and the journey will be shorter and much more smoother! @Bignumbers..
Who is your mentor? Whose courses are you buying?
How to succeed in zero sum game?
  • #753,418
  • Jun 21, 2023 11:44am Jun 21, 2023 11:44am
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  • #753,419
  • Jun 21, 2023 11:45am Jun 21, 2023 11:45am
Quoting BigNumbers
{quote} As a beginner, the first thing you should do, is find someone who is successful in trading forex and take him as your mentor.
Good idea. I have met several who exaggerate their abilities here. You also have to know what successful as a trader means. It would additionally help to have an idea about the type of trading you want to do. Back to that idea of doing some research first.
You can follow people on forexfactory and get an idea about what they are doing as a part of that research.
  • #753,420
  • Jun 21, 2023 11:47am Jun 21, 2023 11:47am
Quoting Ferna
{quote} You mentioned that the current situation is in ”undecided territory” also known as the ”kill zone” or ”grey zone”. This indicates a level of uncertainty in the market, where neither the bulls nor the bears have established clear dominance. You also mentioned that, given the current circumstances, any trades should be approached as scalps. A scalp trade typically involves taking advantage of short-term price movements to capture small profits. What is the range? Approx.
Hi ferna,
The range has contracted from about 100 pips to 70 pips in the last three days which means that scalps can be taken. We are getting close to decisive levels and caution. There is no sure break down to the downside below 1.27000 which tells me that this is a range correction with no sure break to the upside. We have had 3 daily open/closes slightly below each other which in itself is ranging. I don't use Atr and Adr and so forth. I use moving averages, pivots and daily open/close to determine my range. The rest is candle higher highs on the 1hr, 4hr higher high/ lower lows and so forth to determine my entry after I get my signal alert. After the levels are broken I lock my trades in and walk away and my job is down, I don't care if it becomes a medium to long term trade.
Cheers.
Trade to trade another day
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