Definately not long — I see im definitaly not long , have been riding the trend downs since early on in the year, posted my trade and entry friday in this thread but i do see what you mean. pip

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Well thank technical analysis im not one of those 71% ,my only concern is the spread not widening too much , having said that my stop is far enough away that it would look highly suspicious if my broker widened it by that much and of course having ...

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What do you mean? pip

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USDCHF/ DOWN — According to certain live currency rate sites usd chf has dropped to 7536 in early asian trading so from my entry @ 7614 thats around +78 pips but probably best to wait until we are live here to be sure. The low was 7491 so +123 ...

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Lets wait and see, im inclined not to follow retail traders sentiment as its usually wrong, retails have been calling longs for ages now and each time they do they get hammered ,on the other hand this trend has to either end at some point or make a ...

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What happened to all the retail traders then? LOL

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Lol are you serious.OMG pip

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What has aug 10 to do with anything ? pip

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There she goes thats a good break, now i know where to put the stop in position that would invalidade the trend break. pip

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Nah im going to ride the break ,nearly there below .76141 by at least one whole pip and im in short and will ride it until it shows signs of slowing. pip

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PIPS — The break yesterday @ 7653 made a few pips, may try for another short on a break of 0.76141 if the set up stays the same. pip

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Are those stats for retail traders? pip

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While im here the 15 min trend is part of the 60 minute swing and the 60 minute swing is part of the 4 hour trend and the 4 hour trend is a daily swing. 7676 was pretty cool but ive been caught out too many times trying to anticipate the top of the ...

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I was just taking look and going to suggest 7653 from the 15 minute but the price beat me to it well done pip

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where are we now — Where are we now ,did your patience run out? did you get wipped by the up and down - up and down - up down? The correction from the 60 minute timeframe moved higher and became a 4 hour correction ,at no time were the 60 ...

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I hate to say it — I hate to say ( i told you so) i will wait until the low is broken, that is if it is broken at 76055. Trading corrective swings requires real market knowledge other wise they can be pretty nasty, there are some sweet spots ...

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Well done!!!!! Very nice post. Price action is the most valid way to trade, it really does tell you everything you need to know, i agree with most of your thoughts but lets separate a couple of things here, trading indicator based systems and ...

I was blind and now I see - Becoming a successful trader

Short term correction — Another short term correction with monthly,weekly,daily, 4 hour and hourly charts all in a strong downtrend. Trend is really your greatest friend except for when it is a counter trend trend as the main trend can resume ...

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There is no such thing as prediction at least not in the markets, but the markets do work in a way where one can say if this happens then this may happen. I can answer all your questions as i know exactly why the way i trade works,the exact market ...

Price action is dumb, and you're lazy for thinking otherwise

Cannot be a double bottom unless there is a w shape set of swings with the top of the w broken to confirm so option 3.5 is correct. pip

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