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Matts Micro replied Aug 13, 2013Hey. Is anyone trading the H&S on the hourly EU starting 6/8/13? Also noticed the break out daily channel?
EURUSD
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Matts Micro replied Aug 9, 2013This is what I'm looking at in the weekly view. The usdchf is also at a weekly breakout on the down side. I don't norm trade such long time periods just intersting to kno where things might be going.
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Matts Micro replied Aug 8, 2013Could be an interesting week ahead with possible break out of the usdchf, and a likely correlation with eurusd. Watching for todays close and mondays opening with interest.
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Matts Micro replied May 12, 2013It still gets me how TA is like a fundamentals crystal ball (from a newbz point of view)
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Matts Micro replied May 8, 2013This is my trading strat. I tend to stay on lower time frames though for smaller risk. Trick is to wait for right time of day when wedge has closed -small s/l. Its only a scalp of 10pip or can be larger if build up is right, norm RR 1:1 though can ...
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Matts Micro replied May 3, 2013tehe that turned into a sexy scalp. deleted tp of 5pip when saw market begining to move turned into 30.

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Matts Micro replied May 2, 2013probs but have daily trend line thats been holding and have a 10 pip sl. was just 1.3 pip from stopping out

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Matts Micro replied May 2, 2013Thats correct the currencies are paired- one reacts to another so if the usd has some good news and the usd currency goes up all the pairs with the symbol "usd" infront of it will go up eg. usdchf, however all the currencies with "usd" second will ...
EURUSD
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Matts Micro replied May 2, 2013both aususd and nzdusd are correlated to follow the same direction of the eurusd because of the strength of the usd dollar but not so much the other way round ie the eurusd to follow aus or nzd
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Matts Micro replied May 2, 2013A good place for tp. It should be on reversal via the break through of resistance.
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Matts Micro replied Apr 30, 2013GU getting ready for a large move down if hr closes below purple??
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Matts Micro replied Apr 29, 2013I have a 4hr GU doji, with high 10 pips below my daily channel. Seen the high of day all reversal from here?
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Matts Micro replied Apr 25, 2013Yeah thnks i also take into consideration stochs, trends, bar formation, etc. Iv just being going with break outs with tp set to time frame ie 10-50+ pips and sl 10-30. Its been working so far and am in profit though my emotional factor still needs ...
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