image That was the SL spike for the longs coming now..

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@ Austyno, Barnell: q.e.d.

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This is something I do not understand, though it probably had been discussed zillions of times in this endless thread: posting just "I bought" "I sold" without further explication WHY is okay? posting just "will go to XXX" "will drop to YYY" without ...

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If it was so easy, I would be zillionaire ;-) No, seriously: I think 2016 was a different situation as nobody ever could have dreamed (for some nightmare) of Trump being Pres. Before this weekend Biden was already so secure, maybe the win has ...

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I do not even expect Biden to be president for four years: Kamala will take over before and that was one of the guarantees for Biden to win...

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Okay, it was the 50% and not 61.8%... no problem with some buy stops on the way up ;-)

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Why? Looks like Biden will win (watching CNN in the background)

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confirmed: image

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Sell stops, buy stops. Automatic trailing stops --> good sleep

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The question is whether there will be such a big volatility: a) Trump wins: okay, he is crazy but we know how to deal with him b) Biden wins: he is so boring, nothing crazy to expect from him c) this is the only option imho that will lead to ...

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There was a post with an excellent video some hours ago: url

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50% fibo on D1 image

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I was bullish until end of last week as well. But taking a look at the weekly... image made me think. Closing so far outside "my" trend channel. Also the daily does not look better: first time totally out and below "my" trend channel: image

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Read that one, study MM and then you can come back here to discuss EURUSD only... url (sorry for answering in your name, Ata)

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Both, Buy/Sell Stops, with higher trailing stops could be a strategy... 10 lots each with a 500 leverage and we can call it a day ;-)

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I understand very well his frustration and have learned the "hard way" as well. The basic rule is: nothing is random but there is no pattern or formula. As engineer and/or programmer you try to find the formula, but the input parameters are a) ...

has anyone EVER seen a successful trader/trading system?

Month's end and the monthly is still following the "big picture". Will it come to the encounter of the two trendlines in approximately one year? At about 1,10? As you saw, one year can pass very fast... Have great weekend all! image

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only those who have not been stopped out by the 1,17 spike (remember?) Good that I put some sell stops before I had to go to the supermarket... bought toilet paper, might be worth more than gold soon again

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Or maybe the green peak was a SL killer for the shorters...

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So this week's candle will close exactly at the open of the candle two weeks ago. This level (1,17145) has been important for the last 12 weeks. Take a look at the W1 and D1

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