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Seneca pilot replied May 2, 2013That was after the ECB rate decision so not a trade I would have recommended taking. Price is up there right now for a reentry short though.
Ramblings of a Forex Junkie
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Seneca pilot replied May 2, 2013I will clarify this and post some charts a little later. I am busy with some outside things right now.
Ramblings of a Forex Junkie
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Seneca pilot replied May 2, 2013For EU I have NY close as 3177 and the Frankfurt open bar high is 3178. It hit the price on my feed. NY FX close is 16:59.59 Eastern.
Ramblings of a Forex Junkie
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Seneca pilot replied May 2, 2013I'll point out now that Frankfurt open pushed EU up into the NY close and it moved down thirty pips this morning. With all the news that was scheduled this morning that was a nice reasonable trade to take. First level hit for the day. EJ had a daily ...
Ramblings of a Forex Junkie
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Seneca pilot replied May 2, 2013Tomorrow the only trade I will take is the NFP news breakout on EU. I have covered the strategy in the thread three or more times. The same style of trading covers all the really major news events like interest rate announcements etc.
Ramblings of a Forex Junkie
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Seneca pilot replied May 2, 2013I was holding but it struggled so much that I eventually bailed. I made a profit but not as much as I would have liked. I really have a terrible time holding winners. Luckily I also have a very short attention span with losers. After nearly eleven ...
Ramblings of a Forex Junkie
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Seneca pilot replied May 2, 2013Well I botched it up a little today. I took a trade last night on GU that didn't work out so I was down 1/2% when the day started. Then I traded the wrong bar this morning and lost another .7. I got short correctly after unemployment but took it off ...
Ramblings of a Forex Junkie
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Seneca pilot replied May 2, 2013I don't really watch AJ but in hindsight for a quick trade, yes it looked ok.
Ramblings of a Forex Junkie
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Seneca pilot replied May 2, 2013Page 80 is the ORB entry. Of course you skip on days like this. NFP eliminates all other types of trading for me other than the NFP style.
Ramblings of a Forex Junkie
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Seneca pilot replied May 1, 2013Back to the important stuff: video video
Ramblings of a Forex Junkie
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Seneca pilot replied May 1, 2013It's a totally different trading environment. You can't trade levels when the news is important enough to potentially blow through them all. The bars will tell which way it is going to go. Even if you took the breakout of the first bar you had a ...
Ramblings of a Forex Junkie
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Seneca pilot replied May 1, 2013When the twins were born we were in the delivery/operating room speaking with the doctor just before the birth. He asked names of the children and asked if we minded if he had music during the delivery. We told him the names Declan, and Colin. He ...
Ramblings of a Forex Junkie
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Seneca pilot replied May 1, 2013I am having a funny day. I made a hot dog for lunch. When I bit into it there was a small opening in the bottom of the bun where it was cut and a big blob of ketchup pooped out on my shirt. Then I was on the floor playing with the twins. They like ...
Ramblings of a Forex Junkie
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Seneca pilot replied May 1, 2013I am risking about .75% on this and I am
Anybody know if this thing is overbought?
Ramblings of a Forex Junkie
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Seneca pilot replied May 1, 2013Forecasted cut is to .5. Imagine the carnage if they cut to .25
Ramblings of a Forex Junkie
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Seneca pilot replied May 1, 2013Yep, once it broke to the downside is has been sellapalooza there ever since. Do you think they are convinced of a cut from the ECB?
Ramblings of a Forex Junkie