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Neil0163 replied Jul 16, 2019This was posted on the 29th of June, price is still heading that way now someone tell me price isn't fractal.
Cable Update (GBPUSD)
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Neil0163 replied Jul 16, 2019People picking bottoms or trying to catch falling knives either way ends up in a bloody mess lol
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Neil0163 replied Jul 16, 2019Technically speaking if you can nail raw market movement and fibs and fib extensions you'll only have 1 loosing trade per trend change. Unless you get spiked out for having a stop loss too tight. I'm still yet to master this but it's getting closer.
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Neil0163 replied Jul 16, 2019Lol it's probably still easier to trade with raw market movement and fibs than doing that.
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Neil0163 replied Jul 16, 2019That question I don't know, bankers got to there seats with coffee in the morning and told there team to sell today nice and early I guess.
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Neil0163 replied Jul 16, 2019Daily you see price makes a LL then a LH price breaks past previous LL marked with the red line, so now what do we expect a LH to be formed then for price to make a new LL. So we have our bias now we need entry reason let's throw a fib on the ...
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Neil0163 replied Jul 16, 2019The market is fractal my friend. That's why this happened I don't follow crappy news fundementals they do effect the market but by the time we know about them they are already factored into price so it makes absolutely no difference on the day of ...
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Neil0163 replied Jul 16, 2019I guess so. I suppose id rather just sit back and be a lazy trader.
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Neil0163 replied Jul 16, 2019I've been purchasing silver bullion bars like a mad man back here in the UK
Gold RIGHT NOW
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Neil0163 replied Jul 16, 2019It broke all time high on the monthly it needs to pull back
Gold RIGHT NOW
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Neil0163 replied Jul 16, 2019Been saying bears for 3 weeks now lol bull last week from a correction perspective why you guys keep trying to long this is beyond me.
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Neil0163 replied Jul 16, 2019Gold right now is forming a triangle pattern, I anticipate this breaking upwards to at least 1470 No selling for me.
Gold RIGHT NOW
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Neil0163 replied Jul 15, 2019Arr dam, it was exact same pattern that played out on the higher time frame two week ago double top, I've been shorting GU for last two weeks, I did have a long bias last week but in my post I said I was bullish only for a correction perspective. I ...
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Neil0163 replied Jul 15, 201938.2 retracement so far doji on the daily at that hesitation area. 4 hour shows a potential double top at a nice 4 hour structure level see how price action plays out I did want a deeper re-trace back to daily structure with 61.8 but if we get a ...
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Neil0163 replied Jul 14, 2019AUDNZD has a crab projected up too 1.07000 for those interested in harmonics I've drawn it on the chart, the measurements are not on the chart but point B is a 61.8 and point C is 78.6 if this breaks point B in the middle it will be a nice buy up to ...
General Trading Chat / Ideas
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Neil0163 replied Jul 13, 2019Hey buddy a break of high 1.278 and I'd be looking for a weak bear pull back to a fib before longing, I trade the daily time frame with entry on the 4 hour I have got this to potentially pull back to structure level at 1.265 which is also the 61.8 ...
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Neil0163 replied Jul 13, 2019Yup my thoughts exactly but this upmove for me is the pullback
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Neil0163 replied Jul 13, 2019Each higher time frame screen shot that's been posted is showinglower high and lower low price is pulling back to make a lower high for now. Keep it simple
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