Cable Update (GBPUSD)

Quoting Pat Chiko

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{quote} EU Just luckily managed to get above water for some fresh air. I hope to get some tiny profit today.{image}

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Quoting teprewitt23

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{quote} LOL another indicator of age difference i am confident you are a young person, as i am an elder

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Quoting RoelsMajor

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{quote} Actually, the probability of a single random event is 50:50, though many factors influence it afterward. However, one independent event cannot be compared to 100 independent events, as there is a hidden set of rules at play. For example, comparing scalping 1 pip with a specific stop loss versus trading 100 pips with a certain stop loss (in percentage terms).

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Quoting MrFanciful

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{quote} Bayesian statistics would agree. Whatever probability of their being 9 consecutive 30 minute candles, the probability of have 10 is less, 11 lesser, etc etc. That's not to say that it won't post 10 or 11, it's just that the probability of doing so declines.

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Quoting Mitiblotch

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Kept a pending sell at 2490 since yesterday but price didn't get it. I may take it out if price breaks 2300 first. How I need a spike. My president, please say something

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Quoting Wavegarrick

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{quote} Hi Roelsmajor. I have pursued a similar method in the past. In fact, for almost 2 years. Small take profit and hedging both ways. I did it successfully for some months and not by my own doing. I had an Ea and still have it, not being used though buying and selling at random intervals and taking small profits and using one sided take profits and double one-sided profits. Simply mind boggling how it closes faster than a brain can react and clearing out most of my wrong trades in instant seconds. Simply one of Steve Hopwood's best inventions,...

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Quoting RoelsMajor

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{quote} Simply put, it's because there is a bullish chart pattern on H1 and M15, along with a clear support area there.

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Quoting 7154Superman

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{quote} Never mind. I got stopped out again. I am driving and can't focus anymore on trading for today. Try again tomorrow. Total results since Thursday night = 3 losses, 2 wins. Now I need 3 more wins to finish my second +5% ROI win cycle. If my driving keeps getting in the way, then it'll be hard to make +5% ROI per day. Sometimes it could take a week or more.

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Quoting Waveskierrob

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{quote} "Post of the Day" ..thanks Leon for showing us all how incompetent ypu are at hedgeing and have zero understanding of this marvellous tool, please stick to your indicators, may be you'll get yourself in to another 3000 plus pip downdraw ....woof woof ....

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Quoting Coreg2004

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{quote} Waveski, not the first and probably not the last time. Correction is coming...{image}{image}

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Quoting Wavegarrick

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{quote} Hi Roelsmajor. I have pursued a similar method in the past. In fact, for almost 2 years. Small take profit and hedging both ways. I did it successfully for some months and not by my own doing. I had an Ea and still have it, not being used though buying and selling at random intervals and taking small profits and using one sided take profits and double one-sided profits. Simply mind boggling how it closes faster than a brain can react and clearing out most of my wrong trades in instant seconds. Simply one of Steve Hopwood's best inventions,...

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Quoting Zebi

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the president may have a coronary from this TIME magazine cover elon sitting in trumps chair behind the resolute desk LOL I may cut back some of my longs sunday cause next week gona be chaotic with trumps ego hurt this way..who knows what he'll do or tweet...he's already threatening japan with tariffs LOL oh hell..ill do it now just closed half at 2409...ill buy em back on a breakout over the neckline...yes I'm chicken and going into the bushes cause trumpy gona be grumpy all weekend LOL {image}

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