Yes... for me the market has no real direction yet to take long duration trades, it is still poised to go either up or down, hence why I'll settle for small scalps til the direction becomes clearer and then more forward planning can be applied once ...

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Pending buy order in place @1237.4 for small scalp

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I thought a sell signal was developing an hour back....but I it didnt, so at this time I still cannot see any signal that defines a clear direction up or down on my system at least

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Set up now invalid...awaiting next one

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Sorry, that should have read 1238.6

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Awaiting pull back on M30 to 138.6 level or thereabouts to enter first short trade today

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It's ok, I was merely curious regarding EWs as I had seen some of your references to them that was all. I think we all know that a holy grail doesn't exist in trading, whether it be complex or simple, and I personally think that "growing your own" ...

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Thanks for sharing your overview... I'll try to bear it in mind next time I see your reference to waves when you post from now on, but like MM said, its unlikely I'll find the time or the reason to use the method either, but having said that I'm ...

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I see....ok ill investigate it to see what the merits of it are.. thankyou

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Hi, I'm not very familiar with wave counting but credit to you as you seem to be pretty well versed in it.....can you briefly explain what is it in a nutshell please to give me some understanding when I read your posts Many thanks.... LL

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I very much agree with you on that, and doubly important when looking to scalp imo

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Bought now 1238.79

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Current candle priming for 1238.2 long entry.....poss trade in 5 mins time

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Gold 30 min chart is setting up again on my system for another short term buy opportunity. Its likely to be around the 1239.5 mark if and when primed for entry, S/L around 136, TP approx 1243.5. Its not set just right yet for me yet but its ...

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You may be right....the next several hours should provide some clues whether the strong support zone that we are currently in will be respected or not. A pin bar in the next day would certainly help us all if a daily trend reversal is in the offing. ...

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My target now hit for a nice return via price and 15 SMA. Patience in a system and strategy often pays in the end! Awaiting next opportunity now

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Thats ok....you made profit which you're satisfied with and thats our ojective after all said and done. Personally, I'll be taking my "wage at price and 15 sma intersect hopefully. But i do understand we all have different tolerance levels. Well ...

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If you put a 15 sma on your 30 min chart, then where they intersect wont be a bad place to tp btw...good luck

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I was about to agree with your view more or less that the timing looked good on my 30 min set up too....but price beat me to the trigger...hope you took the quick scalp as you suggested.....I still expect more upward legs yet though

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It contains 50 settings! I am unable to copy an image of them, unless someone can advise how to do it?

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