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PriceVolume replied Sep 28, 2009I'd wait for it to come up for some air before adding to the position...and as acumen and gator have pointed out, there is resistance at 1.4586....
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PriceVolume replied Sep 28, 2009X. Oden was being a smartalec.....having trained under a particular trader, we both share a particular vocabulary when it comes to price action. Hence, there was communication between us on the board using this vocabulary - and this will not happen ...
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PriceVolume replied Sep 28, 2009Asian is usually slow....but every once in a while you can catch some good movements. As for the US....I'm always wary of sessions with many important news announcements. US afternoon session tomorrow is when I will likely start eyeing short term ...
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PriceVolume replied Sep 28, 2009Looks like I will be avoiding the European session....too much news (for short term trading). Asian this evening may have some promise, though...
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PriceVolume replied Sep 28, 2009They might indeed... — ...and you can believe I'm going to check that out....
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PriceVolume replied Sep 28, 2009Hey gator....not ignoring the perspective you bring. But I have to follow my plan - so when it says short, I go short regardless. My plan has served me well - so it's just part of my discipline. Just wanted you to know that I'm not being contrarian ...
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PriceVolume replied Sep 28, 2009Eh. Still in profit though....and you'll get another bite at the apple...
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PriceVolume replied Sep 28, 2009I think alot of people are taking your comments more personally than you probably intended. I do know this - you have to have a thick skin to do this long term, and I think that X is poking fun. I would not take this challenge, but then again I have ...
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PriceVolume replied Sep 28, 2009I think we're about to go into somemore consolidation. New consolidation bottom around 4590. If you're wondering where I'm getting that...BBs are squeezing inward, with less than a 40 pip spread. Bottom BB is also flattening out. Add to that the ...
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PriceVolume replied Sep 28, 2009Told you I'm impatient when it comes to protecting my profit! LOL I'd rather take my profit, and reenter if I feel the price action isn't advancing as it should. Besides, you'll usually just get a better setup or price later.....
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PriceVolume replied Sep 28, 2009Took my profits off the table on the hesitation. Waiting now for reentry.
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PriceVolume replied Sep 28, 2009Partial profit taken on stalling....sl at BE for remainder. We'll see.
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PriceVolume replied Sep 28, 2009See that hesitation we're experiencing at the 4610 level....that's what I try to avoid on my short-term trades....still waiting.
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PriceVolume replied Sep 28, 2009Like you said, the 4H looks promising....but entry right now doesn't fit with my plan. I have to wait for confirmation......LOL
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PriceVolume replied Sep 28, 2009Yep. Constipation. Still struggling to reach further upward. I'm still sitting on my hands. Note that this will be an aggresive play given the psychological level of 4600 - so I would watch this level like a hawk (I prefer the quick and clean trades ...
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PriceVolume replied Sep 28, 2009Stick to your chart. If your chart and trading plan say no....then absolutely, positively, do not.
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