We're trading EUR/JPY here.

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I also wanted to add: - stay away from the market when the spread jumps higher - 20 or 40 pips TP depends on where you opened your position (at the beginning (TP is 40) or in the middle (TP is 20) of the current move) and of course keeping in mind ...

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He was referring to the H2.

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Be very careful with your short positions. H2 PURPLE has crossed EMA downward but PSAR hasn't flipped negative yet. So I guess, something is holding this market up. Hard to tell the direction.

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Which rules your trade corresponds? What about - Never trade against the trend - one of the most important rule?

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That's the same trade that has been described in the post #450. So, on the left post searching window type 450 and you'll be there

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Thanks, that was like a textbook trade.

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I got my +40 pips. Yeah, that was fast

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I sold @ 126.98 with SL 40 and TP 40

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EUR/JPY - we need some movement, we need some breakout.

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Market is in slider. Some sort of consolidation. It's hard to tell (at least from my point of view) where the market is going to go.

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Everything is ok. You can do it both ways.

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Market hit my TP and I got +40 pips. I was lucky today

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Parabolic will flip when PURPLE is near EMA and going to cross it.

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I sold @ 127.35 TP 40 and SL 40. Reason: 1H PSAR didn't change to positive. Risky position though.

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"We are only as blind as we want to be"

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Daily plan 2016.02.11 (at London opening) ROMAR on Daily down ROMAR on 2H down ROMAR on 1H down EMA on Daily down EMA on 2H down EMA on 1H down FIBO on Daily up FIBO on 2H up FiBO on 1H up Market is in downtrend with FIBO positive on all 3 charts. ...

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I hope that you hadn't squeezed your charts while you were trading because you need 40 bars on each chart

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And what I want to say about position size is this: NEVER add additional position to a losing trade EVER! That is very dangerous game to play. It can lead you to a very bad trading habits. If we don't wanna get bad trading habits then we'd better ...

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Once we are in the trade with the set TP and SL we change our position based on current market movement and sentiment: 1) we move SL to B/E when position is +20 pips 2) we close position at least 5 min. before major news 3) we close position when ...

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