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2+2=4ex replied Jan 19, 2010You're long aren't you??
I know what you're saying, but it's pretty hard to deny this last move was not a result of a 'broken' trendline support. Just look at the chart...EURUSD
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2+2=4ex replied Jan 19, 2010Yep... that is the risk you run on mental stops. I set stops on quick trades while using multi-level tp's. I'm constantly adjusting the stops and tp's too. I prefer mental or trailing stops on long-term trades. Hey bro we almost have the same number ...
EURUSD
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2+2=4ex replied Jan 19, 2010Looking at the charts, the long term lower trendline was breached. It hung around a bit and looked like it might retrace, but I suppose the hole was too big.
EURUSD
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2+2=4ex replied Jan 19, 2010That's why you use stops haha. Good thing I moved my stop to +1 on trade I was in.
EURUSD
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2+2=4ex replied Jan 19, 2010TP #1 Achieved (+13 pips) SL on remaining 2 lots moved to BE+1 (.4271)
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2+2=4ex replied Jan 19, 2010My current trade... Buy 3 lots @ .4270 SL = .4247 TP #1 = .4283 TP #2 = .4298 TP #3 = .4308
EURUSD
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2+2=4ex replied Jan 19, 2010Funny, I was thinking the same thing. Golfing is one of the best way to get your mind off an open trade and let it play itself out to the end.
EURUSD
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2+2=4ex replied Jan 14, 2010Here's a setup I will almost always play... biggest concern for me with this setup is its friday... if you lose its small, definitely worth risk to me.
EURUSD
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2+2=4ex replied Jan 14, 2010Upon being crossed, the once 4435 support area (highlight #1) may become a resistance (#2). There is also a trendline resistance running on 4440 (#3). These two "resistance areas" appeared to have been enough to hold down the price (for now at ...
EURUSD
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2+2=4ex replied Jan 14, 2010It was definitely overdue. And it does seem like some manipulation with the now aparent absence of news. The big question is (and always will be) where do we go from here?
EURUSD
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2+2=4ex replied Jan 14, 2010Yea, I don't have any tracks in the way for awhile. Coincidence that it hits here on a friday??
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2+2=4ex replied Jan 14, 2010It broke below 4441 and 4435. I think a short play might not be bad down to 4415-4420.
EURUSD