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traderathome replied Oct 15, 2008Bollinger Breakout — That last pop on the 30 minute was a run that quickly tappered off in volume as the high was approached.....not exactly a sign of upside breakout interest. Inasmuch as it quickly receded, it is possible it was simply a run ...
EURUSD
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traderathome replied Oct 15, 2008Bollinger Breakout — I am seeing 1.3500 and points south.....
EURUSD
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traderathome replied Oct 13, 2008Double Top — This is just conjecture, but the run down on the 15 Minute chart Double Top came short of the 1.3450 target (and the 1.3475 - 1.3450 general target area) when it stopped at 1.3484 and then went back up to hang out around the ...
EURUSD
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traderathome replied Oct 13, 2008Double Top — The 15 minute chart double top formation is moving towards completion. I would think the price will end up in the 1.3475 to 1.3450 region. The long term trend is down. After a pullback or consolidation from this double top run ...
EURUSD
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traderathome replied Oct 13, 2008Double Top — 15 minute chart shows double top, with 1.3450 as target. The long term trend is still down......
EURUSD
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traderathome replied Oct 12, 2008Knee Jerk Reaction.... — In my opinion what we are seeing is a sour grapes reaction to the extreme run down late in the last US session.....when everyone else had already finished trading earlier! They are all so pissed, they have slammed it ...
EURUSD
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traderathome replied Oct 12, 2008Liquidations.... — The opening volume was practically nil, with a 250+ pip gap up! Figgin' Central Bank did that to force liquidations? It is a lesson to all to not be in a trade over the weekend. They can do a 500+ pip jump by printing the ...
EURUSD
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traderathome replied Oct 9, 2008Bollinger Breakout — At this point I am of the opinion that it is going down more than up. The Asian sessioin traders are showing the sentiment everyone has.....the Thieves of Wall Street have driven the world economy into the crapper thru ...
EURUSD
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traderathome replied Oct 9, 2008The Asian Session Has It Ranging..... — The start of the Asian session birthed a drop from 1.3600 area to 1.3560 area. There it spawned high relative volume resulting in a pop to 1.3630 area and a quick pullback to the bottom of the range in ...
EURUSD
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traderathome replied Oct 9, 2008I think it has alway been an arguement whether EU is bear or bull and where it is going from here. If anyone here can give 100% accurary on how it is going, I doubt this person (i.e. best forex trader) will stay in this forum. He will likely to ...
EURUSD
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traderathome replied Oct 9, 20082 pip spread, always, at FXDD....except maybe when the central banks screw around at moments of important news releases....which I never trade anyway.
EURUSD
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traderathome replied Oct 9, 2008One does not need to advertise their SL to their broker to have good money management. Personally, I believe anyone who DOES advertise their SL to their broker is increasing the odds AGAINST themselves. As for how many lots do I trade......sometimes ...
EURUSD
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traderathome replied Oct 9, 2008I do not like to automate my entries, nor my SLs. I do it "hands on". Your broker is your enemy. Your enemy is looking for any way to take your money and put it in HIS pocket. To automate entries and SLs is like dressing in all red and then stepping ...
EURUSD
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traderathome replied Oct 9, 2008It continues to range between 1.3582 and 1.3599, so considering a long at 1.3600 with a SL at 1.3580 risks little (20 pips) and if it runs then the reward is open ended......1.3700? ....1.3800?.......1.3900?......1.4000?....... On the other hand, a ...
EURUSD
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traderathome replied Oct 9, 2008Gee, that was a lot of ......? Gibberish????? If you want to say something, professor, why not say it in laymans language so your audience will actually understand and appreciate your expertise. Providing some price points would help for ...
EURUSD
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traderathome replied Oct 9, 2008And why not a long at 1.3600 with a SL at 1.3580...? Beginning the new session, the price was slammed down to 1.3581, 3 pips below the low of yesterdays session. This may signal that as a true bottom, and the rest is upside. So a SL at 1.3580 is ...
EURUSD
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traderathome replied Oct 9, 2008Long or Short? — The larger the timeframe, the more compelling are the technicals. That is indisputable. Looking at the Daily chart, the down trend is indisputable. Having said that, each leg in a down trend is subject to a pullback....a pull ...
EURUSD