Cable Update (GBPUSD)

Quoting Pat Chiko

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{quote} Thanks Goreg & Fardeen for sharing your GU outlook using EW here. As a learner, just want to ask my marking base on corrective pattern. Your comment greatly appreciated. THanks PAT {image}

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Quoting Whale

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{quote} 1.3? never posted this number.

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Quoting Konichiwhaat

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{quote} The game never ends. Onwards and upwards!

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Quoting hoda

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{quote} https://www.forexfactory.com/thread/...3#post14674733 {image}

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Quoting Whale

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{quote} i meant 1:30 by time.. 90 minutes how 1.3 will be important to GU bears.

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Quoting josip

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Gbpusd H4 We are at resistance 1.2665 now just wait for h1 to close {image}

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Quoting Pat Chiko

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{quote} Hi Jolita, thanks for the insigth GOLD Gold is nearing a weekly triple top formation, which could lead to a correction. Agree with your assessment that a potential pullback could occur before the uptrend resumes. However, before the price drops, market makers (MMs) will likely try to extract as much liquidity as possible. {image} {image}

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Quoting aa4fx

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Look like it is set for 2535 ... maybe up to 268x just to scare some.

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Quoting hoda

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{quote} Sorry Bro.

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Quoting dantpm

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{quote} Hopefully, I am on my way to understanding both the game board and the rules of the game as you describe it. This does help to explain why indicators sometimes work although I believe that has more to do with matching indicators and indicator parameters to timeframes and perspective of the market than anything else. My two biggest problems right now are following my own strategies religiously and the simple fact that I can't stay awake 24 hours a day.

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Quoting Whale

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{quote} btw i was wrong.. i messed up with gmt clock. its 2:30 hours from now. im out of trading uptill then

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Quoting Pat Chiko

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{quote} GU Update open and closed position info. Two open block position, above and below water. Only posting all loss position with the chart. Not the winning position As old saying said cut the losses quick and let the profit run Hopeget luck for the open trades.{image} {image} {image}

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Quoting Konichiwhaat

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{quote} Yes, you will be the only thing that stands in your own way. Plus, try not to get too hung up on the ideas of computers, algos, and my favorite of all... the "stop loss hunt"! These "beliefs" will only give you trade paralysis. Also, choose a strict time to trade. A strict time is as important as being strict with your strategy. I only trade 2.5 hours a day... that's one of the beauties of trading, to be free

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Quoting Konichiwhaat

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{quote} 5,6,7 and 8 {image}

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Quoting dantpm

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{quote} I thought you were referring to the 4 hr candles. If you count from the market open at 5 PM NY time 5 AM NY time in 20 minutes is the next 4 hr candle.

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Quoting dantpm

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{quote} The stop loss hunt is very real. It is the trading computers building liquidity to move price to open orders. This is why it is important to time your entry to a point that the market is moving and not building liquidity. Game board and rules of the game!

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