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FXClarity replied Jan 8, 2018Yeah, when you get these levels the BRN's flash up and all manor of orders and Algo's kick in - personally I've covered a short here and await a bounce for reloading
EURUSD only
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FXClarity replied Jan 8, 2018Oh, we'll be going lower than that but 1.1910 may see larger bids kick in for a bounce
EURUSD only
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FXClarity replied Jan 8, 2018And scaling out a further 10% at the swing low and BRN for +79. what concerns me is at the time I took the short many in here thought I was mad doing it and therefore may have been long....trends bend and pause. No need to post a new chart. The ...
EURUSD
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FXClarity replied Jan 5, 2018That is the easy part out of the way now. Scaled out 25% (+56 pips) to cover the trade and secure profit. Lets see where we go from here..
EURUSD
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FXClarity replied Jan 5, 2018Yeah, it was never gonna go without without a fight and buyers / scalpers will be gunning for a retest and breakout to the upside. Nice entry off a major barrier level for you
EURUSD
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FXClarity replied Jan 5, 2018Market Structure Low under attack but being defended at present
EURUSD
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FXClarity replied Jan 5, 2018A few pips lower and I'll scale out under the Market Structure Low (if reached).
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FXClarity replied Jan 5, 2018Its gone very quiet in here..No chorus of "trade with the trend" or 'don't fight the trend"...Unless of course it goes up when some will no doubt claim they have added into Longs...after the event
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FXClarity replied Jan 4, 2018Sure there is a lot more to it than that - it is the untested breakout that dictates whether the trade is there or not (for me it is) and if I go into 4% drawdown I will de-lever / if I go to 6% drawdown all positions close out and the loss is ...
EURUSD
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FXClarity replied Jan 4, 2018Oh, yes the Bulls have had the play of the field for a few weeks now - no disputing that but my strategy sits in shorting this pair right back to the zones I mentioned. Of course its a contra trend play and for that I am taking a bit of heat and ...
EURUSD
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FXClarity replied Jan 4, 2018Hi, I have two liquidity breakout zones which are yet to be tested and sit within both 30 and 60 minute timeframes. I'm phasing in short entries to target these zones. That said I will cover and bank along the way.
EURUSD
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FXClarity replied Jan 4, 2018How old are you, 12? I've just shorted at 1.2081 and will be adding in..My current drawdown in E/U stack is 1.31% which sits within the risk parameters of my money management methodology just fine. Did you think that because its made a new high that ...
EURUSD
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FXClarity replied Jan 4, 2018Natural target level for the bounce off the trend line to scale in a short order for the reversion (for me at least). You stopped out now then?
EURUSD
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FXClarity replied Jan 4, 2018Call me Kermit but I'll be hitting the sell button in just a minute
EURUSD
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FXClarity replied Jan 1, 2018That’s a real interesting observation. I’m old enough to remember when Germany had its own currency and back in the day the Deutsche Mark was one of the strongest currencies in the world
EURUSD
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FXClarity replied Dec 29, 2017If my stop loss is 6% then it is fixed - what part of that isn't clear. Oh, I really don't need you to 'figure out' anything for me - I have that in hand myself. Goodbye and Have a Happy New Year.
EURUSD
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FXClarity replied Dec 29, 2017Nope I am not a top caller - that's a mugs game - I trade a reversion back to untested breakout levels and book profits each year doing so...My drawdown has not exceeded 11% in the past two years and I have not blown my account. Your trading bias is ...
EURUSD