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Coreg2004 replied Sep 5, 2019True, if the high is in place but we don't know that yet...
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Coreg2004 replied Sep 5, 2019MXT, it's very possible scenario, but I am fed up with GU because I missed in the morning my TP by 1.9 pips + spread so whatever happens I am OK with it. If my TS won't be hit I most likely close the trade manually during Tokyo session.
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Coreg2004 replied Sep 5, 2019I agree with you Fontu, but because I won't be in front of computer tomorrow (I know shame, NFP day) I am aggressive with TS which is set @1.23124
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Coreg2004 replied Sep 5, 2019Bones, when I saw yesterday your chart (the same you posted today) I had recollection moment how quickly calculate a target for C point...simply add the number of pips market dropped below prior low (0 to B) to the high at A...Are we get there? ...
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Coreg2004 replied Sep 4, 2019Bones, I give you my reversal #...1.23668...Please don't follow this recommendation. I test the theory that I read about on the internet some time ago how quickly establish point C after irregular B (of course if this is indeed irr.B).
Cable Update (GBPUSD)
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Coreg2004 replied Sep 4, 2019Yes, Moty, emphasis on the word possible...and yes, I have higher targets for C when the market gets extended.
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Coreg2004 replied Sep 4, 2019Moty, If I might be of assistance. That's what I do...Wait for the price to get into the zone, use PA to enter the trade (whatever your trigger is), then set SL and TP...but be discipline and have the patience to sit on the hands- literally not ...
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Coreg2004 replied Aug 30, 2019Looks like, but some work still has to be done... url
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Coreg2004 replied Aug 30, 2019I caught this one (@22155) like MXT had, but got out at YL...For day traders is always another chance...Good luck with your trading.
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Coreg2004 replied Aug 27, 2019My SL is 12-16 pips/points and I don't care about losing trades, I can't stand losing days that's why I try to avoid them at any cost (small SL). I am done for today also, have a great vacation Guz.
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Coreg2004 replied Aug 27, 2019Brian, anything is possible...Elliotticions and Dow theorists keep the mind open...You can always come up with alternate wave count that why it's fun to trade based on EW or harmonic patterns.
Cable Update (GBPUSD)