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profxtrader replied May 26, 2010
I like you dude. I'm short as well, but completely running out of patience. GU and GY charts remind me of the movie/book "It" as in "Everything floats down here." They seem to be impervious to moving down recently.Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 26, 2010Why should it test 0.8975? In the 2 previous crosses (price and MA) shown on the chart, it didn't retest.
EURUSD
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profxtrader replied May 26, 2010Using the forum as a sentiment indicator eh? When it gets very bullish, short?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 26, 2010Nothing about any of this makes sense to me anymore. Someone's smoking crack and last time I checked... it wasn't me. Sure feels like I must be on something though. Markets are just ODD.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 26, 2010Think about this. Yesterday the dow gapped down and spent the entire day going up. Gap is filled and it even gapped up a bit today. Will it spend the whole day going down? I think we have 9500 on the near term-horizon.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 26, 2010Please let us know (in this thread) when emails are sent out. Lots of stuff gets sent to the spam folder, etc. and I don't want to miss this one.
Trade Using VSA (Volume Spread Analysis)
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profxtrader replied May 26, 2010Do yourself a favor. Look for Bearish patterns in a downtrend and bullish ones in an uptrend. Also, ones that coincide with trendlines, channels, and/or support and resistance will most likely not fail. If you're just drawing them on a chart (or ...
EURUSD
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profxtrader replied May 26, 2010The patterns don't always work. Plus ZUP has a wide range of acceptable measurements for patterns. Better to draw them yourself as these patterns are precise in nature. When I first started looking into them TLC told me the same thing and I trashed ...
EURUSD
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profxtrader replied May 26, 2010Latest News: Market talk of EUR selling by supra-national entity. I don't know any more at this time. Could just be rumor.
EURUSD
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profxtrader replied May 25, 2010Just a small channel bounce. Good for a few pips! image
Backing Trades Thru Charts
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profxtrader replied May 25, 2010I think the market is making a beeline for that highest TL drawn over weekly tops.
EURUSD
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profxtrader replied May 25, 2010I've got 1.1770 as a target for my longs and a sell limit at the same level for the trendline bounce. Didn't see the bat, but nicely spotted!
Backing Trades Thru Charts
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profxtrader replied May 25, 2010Anything to get your euro long, eh? Might I direct your attention to the DOW and SP 500?
EURUSD
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profxtrader replied May 25, 2010High R:R trades, like the GBPJPY one you posted. That one should have fared well for you. With that said, stops have been moved to breakeven or to protect profits on others... and I'm going to go spend a day down by the river with the wife and dogs.
Backing Trades Thru Charts
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profxtrader replied May 25, 2010OK dude. One reason that I am successful in this market as I trade only what I see and use the forums for amusement. Might I add that I've quoted you twice now saying we'd never see 1.22 again? We saw it just earlier today. I will agree with you on ...
EURUSD