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profxtrader replied May 24, 2010Buy limits in place
EURGBP looks like it's headed back to that level which coincides with the 61.8 fib of the recent up move. so it a a good bet IMO. Can't post charts ATM but I got long on EURAUD @ the 38.2 fib of the recent channel breakout. I ...Backing Trades Thru Charts
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profxtrader replied May 24, 2010I couldn't have said it better.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 24, 2010And the retest mentioned here: url Long position added.
Backing Trades Thru Charts
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profxtrader replied May 24, 2010I think the money line is around 1.4 conservatively and 1.3865 for myself.
Cable Update (GBPUSD)
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profxtrader replied May 24, 2010I have a question for all of you who I see drawing half of a pattern when only half is present. Why do you do this? Do you honestly find it tradeable or are you just drawing possible scenarios to be aware of. I mean two higher highs and two higher ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 24, 2010Thanks! And gentlemen, let me be the first to say this. Keep your eyes on the charts. PA is getting into a narrower and narrower range. When the breakouts DO happen, and whatever direction they decide to go, they're gonna be violent most likely.
Backing Trades Thru Charts
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profxtrader replied May 24, 2010In your opinion does a flag have to have a 5 wave structure to be valid?
Backing Trades Thru Charts
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profxtrader replied May 24, 2010I am still long GBPCHF so I have a slightly different view. This is why:
Backing Trades Thru Charts
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profxtrader replied May 23, 20101.3329 was the last short I added before the one @ 1.2647. Oops, we're talking about GBPJPY. I have shorts in place @ 130.48 and 129.66. Cable I'm short @ 1.4458.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 23, 2010You should probably look at that again and check out the scale on the right... that's where price goes. On the bottom.... well that's where time and date appears. Now... tell me again what you see. I tell ya, you do add some comic relief to this ...
EURUSD
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profxtrader replied May 23, 2010Sweden and Denmark do not use the euro. Hungary and Poland come to mind as well. There may be more, but I'm not sure.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 23, 2010Dude it's a 100pip spread. Most brokers do that during the weekend. At market open you'll see a reasonable spread down close to the bid. There will be no substantial gap. A few pips gapped down is what's expected. The few gaps we've had recently has ...
Cable Update (GBPUSD)
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profxtrader replied May 23, 2010Mine too, but like I've said a million times before, if everyone thought the same there would be no one to buy when I wanted to sell or sell when I wanted to buy. After every large move, the general consensus in these forums is "the bottom (or top) ...
Auslanco - GBP/JPY and GBP/USD (newstrade)