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BillyRayVal replied Jun 16, 2009Double zeros DO play a role but I dont put them at the front of my rules because plain old support and resistance plays a bigger role. -When they dont work the most: Is usually when price is making new highs and lows. Retail orders are usually on ...
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BillyRayVal replied Jun 16, 2009Another 123 Breakout example - Easy as pie — enter around 1.6200 - I caught it aorund 1.6204 - 20 pips SL, move to breakeven once the highs get paired - +60 pips in a half hour
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BillyRayVal replied Jun 16, 2009(I smile here). Thank you Yusuf! If FF threads came with testimonials this would be on there
. I'm happy, if not overjoyed, to hear things like this. We do have a very selfless community here and it shows in all the posts, comments and help that ...No Brainer Trades
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BillyRayVal replied Jun 16, 2009Long AUD/USD 0.7675 area — Looking for a secondary reaction from this area on any failures from the current highs. Also a good bump in the previous uptrend at this zone.
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BillyRayVal replied Jun 16, 2009For what its worth, I think this post is sort of addresses a hidden issue, pretty common with FX traders. Particularly in regards to the risk:reward. With binary options, you have no choice but to wait out until expiry. With spot fx, you stare at ...
Why Binary Forex Options are better than Spot Forex
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BillyRayVal replied Jun 15, 2009I feel like the education prepares you for corporate warfare, but starting your own business is probably the only thing that makes most happy. Education gives you the nuts and bolts; you take what you need and run with the rest (the 'rest' being ...
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BillyRayVal replied Jun 15, 2009Speaking of 'overthinking' (in any capacity)... — I just realized I never posted this here: Bon appetit: 'AAA' - The Missing Link Remember that demo account you had, where you doubled the balance in a matter of weeks? After all, it’s the ...
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BillyRayVal replied Jun 15, 2009haha - didnt mean it in any negative context please hope you dont think Im too critical here - always enjoy your posts and great having you around. Thanks!!
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BillyRayVal replied Jun 15, 2009Thanks Onion! It was a good call, but I wouldnt necessarily try it again on a retest - first time around on these. Pretty standard move though.....good stuff.
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BillyRayVal replied Jun 15, 2009....and some other miscellanous ramblings — I think there is a bit of overanalysis involved sometimes with what this thread entails. For instance, take the first page of this thread. I made all of those posts literally within a matter of a few ...
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BillyRayVal replied Jun 15, 2009Hi there! I think the confusion with this pattern has been coming in the following forms (people identifying these in the following ways): - not really a 'spike' present at all, and just a bump in a gradual uptrend or downtrend - people "forcing" ...
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BillyRayVal replied Jun 15, 2009Thanks....these are really easy!! Like I say anyone could have spotted this from a mile away. Taking them, that's another story
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BillyRayVal replied Jun 15, 2009Nibble nibble - got about +87 pips on this one at best entry and technically still going for our tracking purposes with a static sl of -40 still intact. Ive answered this before, but I don't blame anyone for not finding in this very small ...
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BillyRayVal replied Jun 12, 2009Short USD/CAD 1.1470 area — Good history on this area in general and unlikely to go unnoticed.
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BillyRayVal replied Jun 12, 2009Long GBP/USD 1.6240 area — Looking for a double bounce off of these lows here if we can get a failure sometime next week, or moving forward. 50% retracement confluence, support down to the 1.6230 level
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BillyRayVal replied Jun 12, 2009Hi Pipeye - sorry took me so long here I just noticed your post. Little overall ambiguity here, but the market seemed to take well to it regardless. Multiple lows on the first wave down sort of created a little confusion for a turning point but ...
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BillyRayVal replied Jun 11, 2009Another Pattern - Over and Under (H&S Mutant) — Adding to the thread here another one I look at alot - Serves as an intraday price turning point. These are very reliable if used properly and and can be seen on everything from daily down to ...
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BillyRayVal replied Jun 8, 2009Long EUR/USD 1.3669 area — Going for a bounce on the multiple touches, just below the recent highs....good history here
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BillyRayVal replied Jun 8, 2009Beyond this I probably won't touch it long until 1.3670 area
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