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Rag2RichesFX replied Aug 27, 2012MaxDoom hammer it with another 50 lots @ 2535 retest, dont let it pierce and take out my stop!

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Rag2RichesFX replied Aug 27, 2012It would seem so.. thats just my best guess I honestly have no idea why
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Rag2RichesFX replied Aug 27, 2012as silver has gone straight up for the past week, i wouldn't be surprised to see some dollar strength and the metals pull back just a bit. care to post your dxy chart?? silver usually leads the way, and it has been headed down for the last few ...
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Rag2RichesFX replied Aug 27, 2012They don't want others to see how much of FX junkies they are

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Rag2RichesFX replied Aug 27, 2012we are through the daily pivot now so as long as that holds we are probably going to see a down day today. I just love reducing my risk when I can so I took the partial profit, now I can "set and forget" this trade with no risk at all

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Rag2RichesFX replied Aug 27, 2012Decent broker but i found the slippage started getting bad for me. Maybe because I scalp so much and they arent an ECN broker, so they were holding my orders. Whatever it was I moved, as I had orders held for 5-10 seconds at times. Often had ...
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Rag2RichesFX replied Aug 27, 2012on the wires just heard downward revision for 2011 gdp growth for spain, down to 0.4% from 0.7% someone correct me if i heard wrong edit: hearing now 2010 gdp also revised from 0.3 to 0.1%, amazing they cant get the numbers accurate the first few ...
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Rag2RichesFX replied Aug 27, 2012i just took a 25% profit @ the daily pivot, 2520, which now makes my trade free even with stop above recent highs rest of it will probably take profit @ 2490 and will reshort after a bounce if it still looks weak its certainly still bullish on 5m ...
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Rag2RichesFX replied Aug 27, 2012price just bounced perfectly off of both ends of H1 bollinger band
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Rag2RichesFX replied Aug 27, 2012me too, good luck to you! am short usdjpy from 78.81 thats my only other trade
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Rag2RichesFX replied Aug 27, 201225305
i cut losers quickly instead of letting float because if im stopped out i can always re enter, likely at a much better price than if i was just to let the trade float. because if you let this trade float all the way to 2560 then its 30 ...EURUSD
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Rag2RichesFX replied Aug 27, 2012depends on what your risk is, but i would have set it the same as max doom, around 2545. or if you want even less risk, just above the recent highs of 2535. problem with that is that you may get stopped out, but you can always re enter and save ...
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Rag2RichesFX replied Aug 27, 2012there is a better short waiting at 2535 1hr supply and 40 down trend line, 30 is good though
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Rag2RichesFX replied Aug 27, 2012They do often do that yes, push price one way only to get a better price and reverse it again "talk" of something on the wires basically means rumor to me, i dont trust it nor do i really care, but its nice to know why something is moving, and i ...
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Rag2RichesFX replied Aug 27, 2012I agree technically it looks good but the aggressive buying we saw last week is causing the selloff to take a while. We could go back up to 2520/30 or even 60 before going down to 2480, then back to 2500, then to 2450/40/30 somewhere in there... im ...
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Rag2RichesFX replied Aug 27, 2012talk on wires us bank aggressive buyer, the sharp selling right before the reversal absorbed some of the slippage of their long orders, thats why trends usually have a sharp final move and then a sharp reversal, or why stops are taken out so often, ...
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Rag2RichesFX replied Aug 27, 2012I did not get to go long price didn't get low enough for me, but its still early in the day plenty of opportunity left. maybe if we retrace to 1.25 I will try with 3-5 pip stop.
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Rag2RichesFX replied Aug 27, 2012both, and many more languages in fact 15m says theres a nice bullish engulfing after making new lows, which is stronger than a normal engulfing because it means stops were taken out but immediately reversed which means a big buyer entered long in ...
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Rag2RichesFX replied Aug 27, 2012agreed with this and should see a big bounce or trend continuation from 2440 area we got the 4hr close below 2499 i will try long @ low 2480s until it breaks
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