I see....good plan! It keeps you safe....good money management.

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you have stop loss set at break even already? you will be out before you are in!

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I hear you.......but the day is not over.....and as someone has on the quote at the bottom of their messages.... Every battle is won before it is fought.......the price already knows where it is going.....we just have to figure that out. Also there ...

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Have some faith.....its not that bad.....yet....or is it?

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Long Euro — Long Euro at .2688 - Small First Target retrace back to .2700 - then will assess from there.

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I see another bitch slap down before any further up move....good luck with the trade. I base my comment on the fact that oil is really weak right now.....and as oil goes down....so does the eruo....

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Yes...I agree.....I was not making any comment on your trading style or anybody else........I was just sitting here watching everything happen and was thinking about 2 years ago......and I just wrote my thoughts down to share here in the ...

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Capitulation — We may just see a capitulation day in the markets today......I remember 2 years ago when the markets started to drop and people did not think much of it until it was too late.....remember all those CNBC money shows at ...

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I guess the bear won that battle.......

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In your own opinion..... now that the daily TL has been breadched.....do we look for a further push down?

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Thanks for the input everyone.....and for sharing your thoughts. Cheers...

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When you see what you want to see on the larger TF do you then look to a shorter TF to pick a more exact entry? Otherwise it seems like you would be missing a good part of a move???? Sorry if this seems to be a lame quesiton - I am still relativly ...

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Question — I have noted that alot of the traders here use an hour chart and even a 4 hour chart when they are talking about price action etc........I was wondering if anyone could explain how you pick your long and or short entries with such a ...

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There is alot of conflict reports from both sides of the ocean - Euro doing better - USA doing worse .....no I mean USA is not doing better and Euro is going to fall back into recession......there is soooooo much jibba gabba going on that I don't ...

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Alot of congestion forming on the 5min chart between .2823 to .2833 - looks like a big down move is about to happen - lots of trying to push it higher but candle sticks are show alot of rejection of anything above .2830 right now.

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Good morning fellow traders.......

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The markets were also forming a head and shoulders pattern last February....and just as everyone was talking about this nice pattern and how the market will fall to the depths......BAM!!! In your face - the market took us for a 3 month ride up to ...

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Wow that would be some fast price action to watch on a chart!

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Yes there is congestion.....there is also a big move coming....and although we are forming a bear flag on the daily....I am seeing some divergence with price and stochastics......I think we push up a bit more before there is a possible fall of the ...

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No I have multiple time frames....I used 4 charts for each financial vehicle I trade......I use a 1min, 3min, 5min, and a 15min.....I use them all to see direction of PA and for entry and exit points. Thanks...

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