Saw this last night and put some long orders to work in my swing account. image It was a good thing as look at the power of the candle today. I am still holding short in my long term account so I did not make much on this move, just on size as ...

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For the knowing, in was a great week for range trading. You can make a great living on knowing when the range is in season, and exploiting it image

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I have not had problems with IG closing positions although sometimes there is slippage, usually against my trade. Based on the chart I posted you will see that was an area where stops were parked, near 1.1761 so that was where the movers were ...

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It's not closed yet but look at the power of the month candle image

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The movers aren't hunting you personally, they are moving the market to the area that has the most stops. Remember that they can see both sides, in their house. But they often have spies in other brokers houses so they can see more. An obstacle to ...

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Finally got on the shorty at 1.1840 which was my first target when planning the trade. I don't know why I did not pull the trigger as I had this planned correctly. Even though it is positive in the money column it is still a loss as I hesitated on a ...

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We have broken below the recent range today. Is this a bear trap or the real deal. We will find out tomorrow. The longer term charts all set for downward but that may be painted by the movers. I am still flat as I have been chasing (but not ...

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Getting close to the short signal but still nothing. Lessons Learned. Never think you can know which way the trade will go. The big guns can push for a desired outcome, but cannot be sure. The minnows in this big forex pond get eaten if we don't ...

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image Took off my swing trade last night as trade fell from the opening. I would rather have no position than a bad position so waiting is better option for shorting. After reassessing, I am going to wait the short trade, looking for first shorts ...

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Weekly and Monthly are both in bearish mode so all systems go for shorting on Sunday evening. I will build slowly with stops above 1.2000 in my normal swing trade pattern, adding on both ups or downs, first target in the 1.1840 area and second ...

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The FOMC took my longs out on Wednesday for a small profit at target one then other 2 positions ended stopped out at profit on the trailing stops. Not happy with the small gains after the big losses on my last trade. Today I see 2 bearish signs. On ...

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I trade a little longer term than most as I have other things going on besides trading for a living. I don't need another 9 to 5 job as I did that for too many years already. Time to live before the grim reaper comes to visit. My crude attempt at ...

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Hope second time around better for me. Was stopped out on last long for large loss (had 3 positions on) and took almost all my 2021 earnings. Bummer! Support now Resistance at 1.1960. I am long 1 lot only from 1.1922. I will add on dips and any ...

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image Was on holiday since Feb 14. Managed to get out of shorts for 10 pip GAIN (wow) and much better than a loss. I did have a small long trade on and looking at it today I missed a big profit yesterday. I was travelling so not paying attention ...

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A little more hopeful now as Eurozone struggling more than USA with SARS-2 issues (fundamental). image The chart shows a long tail on Friday and it may be pointing the way (down), or, showing that buyers are in control (up). I am still holding ...

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I can already tell I will be stopped out. Nice to be able to predict the future, lol. Going to only take scalp trades now until summer break. image

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The long term trend IMHO is up, but the medium term trend is down with LH's and LL's. I expect a shoulder test to the H&S where I will start shorting, around 1.2070 area stops above 1.2170. Targeting 1.1888 area to begin squaring up and out of all ...

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As I suspected, I was stopped out for a loss as I was wrong from the start of the trade. No trading today for me as NFP tomorrow. It's in my playbook, analysis Thursday. Happy Trades

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Looks like I will get stopped out for a loss on this trade. Is only 1 position as I did not have confidence in the trade. As I look at the chart in the quote, it is a triple bottom not a double. Very often, triple tops and bottoms are continuation ...

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Best of luck for you. I do not have any trades in my long term accounts now as too unpredictable on long term fundamentals for me. I am still evaluating these and potential weakening of USD from money printing. image Just trading technicals at the ...

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