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BillyRayVal replied Oct 27, 2008Doing my best to help out in this regards Ive been a' brainstorming
will let u know.No Brainer Trades
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BillyRayVal replied Oct 27, 2008Hi Barak - I think it becomes a matter of comfort after a while.....you begin to flip through charts like your mother taught you how and read between the lines in terms of what to expect.....I always do a run of SPX, Gold, Oil charts before the ...
No Brainer Trades
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BillyRayVal replied Oct 27, 2008ALWAYS polite enough
. looks like you might have gotten what you needed but anything else just post away.No Brainer Trades
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BillyRayVal replied Oct 27, 2008Looks decent - the level got burnt a little but you were in line with the trend and you hung in there - good stuff.
No Brainer Trades
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BillyRayVal replied Oct 27, 2008And like EUR just broke through 2 big support levels tonight. Common sense tells you not to buy it at these levels in this kind of obscene downtrend. Instead, use them to your advantage and sell breakouts. 1.2500 and 1.2460 are what Im talking ...
No Brainer Trades
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BillyRayVal replied Oct 27, 2008Im a little behind here on other posts but you caught my attention with a couple things: trading breakouts and you said it with two words: "decent idea"....thats all you're really looking for - and following the trend, like you were saying. After ...
No Brainer Trades
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BillyRayVal replied Oct 23, 2008Measure Twice, Cut Once — This writing process is getting more addictive than I care to share, but here's another one about daily planning. Many of the questions I receive regularly can all be solved by incorporating this into your routine. So ...
No Brainer Trades
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BillyRayVal replied Oct 23, 2008And that's what we call an intentional break....point taken.
No Brainer Trades
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BillyRayVal replied Oct 23, 2008Mother of 50% retracements just got hit on UCAD....we'll see if this does anything its in one nasty uptrend right now.
No Brainer Trades
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BillyRayVal replied Oct 23, 2008Yeah like so if you look at the bigger picture here - this is a 1 hr chart and you have your indicator maxing out at an overbought extreme, for instance. Not to say that it can't keep going overbought, but when the two line up it helps. I only use ...
No Brainer Trades
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BillyRayVal replied Oct 23, 2008On something like this what Im looking at now it looks like more of an exaggerated pullback than a second attempt. Kind of a rare case here; either way it depends. Sometimes if I miss a level for whatever reason, I wait for price to charge back up ...
No Brainer Trades
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BillyRayVal replied Oct 23, 2008Lots of junk up here in general - you have the 50% retracement, a bottom sticking out from back in Jan 2004 and then the highs. Should be a show atleast.
No Brainer Trades
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BillyRayVal replied Oct 23, 2008Good morning sir! You know I was just looking at that....I wish I bought this pair at the beginning of the month. This is one of these trades I would want to monitor very closely when deciding to jump in on (make sure there arent any big, ...
No Brainer Trades
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BillyRayVal replied Oct 23, 2008Hendrix I think this is just something that comes with experience more than anything.....when you take as many trades as I or other experienced here have you get (alot) less paranoid of little moves going on, or letting a 20 pip trade go against you ...
No Brainer Trades