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    • traderathome replied Feb 24, 2009

      EurUsd on 15M chart shows possibilities. First low and first high in. PA is in area to make a higher second low. If it does, then a move towards and thru first high may be acceptable entry long. Just an opinion.....already late in day and even if we ...

      Sonic R. System
    • traderathome replied Feb 23, 2009

      No, I did not miss the word "bounce...". Nor did I miss "...pullback to enter a long trade with ISL@ 12620..." which suggests the bounce taking place much, much higher than what would qualify for a Double Bottom.

      EURUSD
    • traderathome replied Feb 23, 2009

      If that is going to happen, it will take at least a few days to set up. We are currently and soundly entrenched in a downtrend. I would expect at least a second attempt at a bottom (= Double Bottom) before any real move to the upside. Just an ...

      EURUSD
    • traderathome replied Feb 23, 2009

      Then, are you referring to the areas around most notable previous support/resistance lines, or Fib. Pivots/Daily Pivots, or something else....in which case, would there be an indicator that shows it?

      EURUSD
    • traderathome replied Feb 23, 2009

      Their absence may have nothing to do with their looking to make "only" 5-10 pips per trade. The reason may be entirely different.....maybe poor money management....and after making lots of successful 5-10 pip trades they ventured to "keep" one trade ...

      EURUSD