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TradeWell replied Oct 30, 2008I broke Acumen's quote apart to comment on specific parts. First, I fully agree about the signal service issue. They can be used to confirm or question your trades but don't give them heavy weighting. While true that we are going against all of ...
EURUSD
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TradeWell replied Oct 29, 2008Yes, I did see that before, but thank you for your consideration.

EURUSD
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TradeWell replied Oct 29, 200862 is a pivot point so be careful...and I would target a little short 00 myself...but I have been wrong before.
EURUSD
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TradeWell replied Oct 29, 2008I noticed you trade what looks like a 1 min chart. Is that all you trade or is that only for entry decisions? Thanks anyway if you choose not to elaborate.
EURUSD
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TradeWell replied Oct 29, 2008I got in and out on the rise for 27 pips. Otherwise too scary to stay in!

EURUSD
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TradeWell replied Oct 29, 2008Thanks for that. I like your simple charting methods.
I agree with that price point, as the 5 min is proving out. You also might keep an eye out for Cobra's pivot points he provides at 5 pm ET, if you don't know about them already.EURUSD
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TradeWell replied Oct 29, 2008This strategy is a good one to have in your toolbox. I have been slowly discovering it myself lately. I put an order in during the Asian session, before going to bed (I'm on West Coast). I stay in long enough to see that the desired move IS ...
EURUSD
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TradeWell replied Oct 29, 2008If 50 basis points is "baked in the cake" wouldn't it be a non-event if that is in fact the cut we get?

EURUSD
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TradeWell replied Oct 29, 2008I am sorry but I can't help you with those brokers, but I am curious to why you are switching. Can you explain a little?
EURUSD
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TradeWell replied Oct 29, 2008I have a different problem. I did OK on my demo but got alot better after time. On live account I have even been better. However, I am keeping my lot sizes so small that my account is growing painfully slow. I guess I have ultra-conservative money ...
EURUSD
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TradeWell replied Oct 29, 2008maybe too early..resistances...200SMA 5 min, 60 LWMA 15 min, 38% fib retracement from 1.30...but you could be fine too!

EURUSD
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TradeWell replied Oct 28, 2008But Alg, you already said "Take last 1/2 EUR/USD Intraday Long for about 130 pips, and be ready for Asian session" which means you have no more position. Maybe you meant to say take 1/4 the first two times you took profit. I held mine longer anyway ...
EURUSD