nice!!

Central Banks & Big Players

40pips, nice

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As in All in...? Show hand...? Committed to a Long on Eur/USD for all the marbles...?

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a successful straddle trade? good for you

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Moonie... GBP loves to whipsaw.... don't like

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"If you have green bull candles and red bear candles on your charts, you can change them to something else and take the phycology and emotion of color out of the picture" again... that is the SMART MONEY.... talking

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"To Not Trade is also a trading decision......" that is the SMART MONEY.... talking.....

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tsk, missed this, such a solid trade this one... if had posted in forum, would have taken the trade. other then news, there are trades everywhere, additional eyes to spot them are useful..

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hey Mightyfine, looks like you're the Sell Master... 3:00am EUR French Flash Manufacturing PMI 3:30am EUR German Flash Manufacturing PMI

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very very nice trade.. wish i spot it too..

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Hey Tony112, i remember this happening to me 2 years ago with Oanda. placed a sell stop order hoping momentum would push the currency pair down. but price didn't go my way, and just before price moved long away from my sell stop orders, oanda widen ...

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- if your entry is a BUY using H4 time frame at support level, then TP would be to aim for H4 at the top of the channel, or Fibs showing where Sellers may gather. at higher time frames, the support and resistance trend lines, Fibs are more powerful. ...

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Take care everyone... -4:30am GBP Claimant Count Change GBP MPC Asset Purchase Facility Votes GBP MPC Official Bank Rate Votes GBP Unemployment Rate -8:30am USD Building Permits USD PPI m/m -2:00pm USD FOMC Meeting Minutes -4:45pm NZD PPI Input q/q ...

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somewhere in the sky where the pip angels are...

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only a fully trained forex jedi with the force as his ally can hope to defeat the forex emperor. - Master Yoda

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yep! however...some readers will take any trade that are considered critical "red" as highlighted on forexfactory calendar

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anyone look at GBP/USD chart after yesterday's news move? I hope someone has stayed in the GBP/USD trade all the way to the top...

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who?

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the other hurdle of straddle trades is Mr Whipsaw... so lets say a trader is shorting, after price spikes down way, the trader can drag SL to BE QUICKLY to protect himself in case price reverses long. If it reverses long, then price hits their BE ...

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congrats .....straddle trader!! if you did straddle trade...your buy stop had to be pretty high to avoid that sickening AUD spread...

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