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5percent replied Dec 12, 2012That because u nv spot the smaller tf. Try go into min 5 naked chart to plot boxes of consolidation of high lo consisting pin and wick bc that area exploded to the next. U cqnt get this on hour 1-4 or daily U dont need fibo lines trendline etc. Just ...
Maximizing the winners
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5percent replied Dec 12, 2012seems such techniques are working. trailing longs Stop should move to 1.3025/29 now. there are further upmove buy stop @ 53. 13053 area was the trigger of last week to 1.2950 before testing on 1.2875. So making this a good resistance level.
Maximizing the winners
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5percent replied Dec 12, 2012Price can go north or south. Patterns may not be valid with live price and current trend momentum. Why not hedge a buy stop above current high ? With every sell attempt. Like earlier we have 30. Then shoot up to 22 to 51/2 area. If we have 52. Wont ...
EURUSD
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5percent replied Dec 12, 2012Sometimes its like that looks good but just not ripe. But as long one remain emotionally detached can always find new set up. But looks as if will go higher and stop ur position then go down but that just maybe not ideal time for entry. 53 was the ...
EURUSD
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5percent replied Dec 12, 2012strong reaction off 50 area. so far the only bear i seen today that's taking the fight.
EURUSD
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5percent replied Dec 12, 2012Have a short against the bull @ 1.3029 with a stop @ 1.3051. 22 pips to risk, target @ 1.2971, then 934 then 875. If any bear is coming in later, if not will stop out @ 51, to re-monitor the bull run. As it's fomc day, it can be a bull waiting to be ...
EURUSD
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5percent replied Dec 11, 2012which is why i said 0.01
. 10 cents a pip until u are emotionally detached, its still live. u need to train your " edge " if u can't give time for a trade, u will only hit ur stops more often or not, and not giving time for ur winner trade to run. ...Aussie Trading Room and Cartoons Gallery
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5percent replied Dec 11, 2012Then u probably need to study and master a trading system in-dept . then write down the rules of your trading plan in risk and money management. If you are so confident of your entry, then u enter the market, if not what's the point of jumping in? ...
Aussie Trading Room and Cartoons Gallery
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5percent replied Dec 11, 2012give ur trade " time ", go and relax.
Aussie Trading Room and Cartoons Gallery
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5percent replied Dec 11, 2012as mentioned earlier on my posts, an example of eur/usd. 1.2880 entry. 1.2953 attacked and tripped up to 1.2972 area, move 1.2880 to 1.2938. then . further tripped is 1.2976 above 75 came to 1.2996 so far. So if entry 1: E = 1.2880, SL = 1.2938, -> ...
Maximizing the winners
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5percent replied Dec 11, 2012it broke that line
. seems the bulls just stampede over. unless a rejection is spotted soon.EURUSD
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5percent replied Dec 11, 2012if u think that wick is going to hold which is why u short? wick don't hold ,hedge with buy stop? possible above that stop loss.
EURUSD
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5percent replied Dec 11, 2012u can try this too, let price go up if its building bullish momentum from its candlestick pattern/closing, then place sell stop below the last pin area while its up there, price is may touch 75 again, 75 was the overshoot, 72 so far holding. i would ...
EURUSD
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5percent replied Dec 11, 20121.2950/75 was the sell off consolidation area from 1.3040-1.2950 last week, then 1.2949 breakout down to 1.2875. 75 is still a resistance, price must contained above to do further retracement higher. I am looking for a trendline entry on the hour ...
EURUSD
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5percent replied Dec 11, 2012Just look at min 5 and hour 1 chart, min 5, we have 62/63 with wick, buy stop can be placed after that with few pips stop, false break go up shoot down, lucky, 1 line bar up, ur in green, lock to be and trail, or take profit, let price come down to ...
EURUSD
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5percent replied Dec 11, 2012here's a safer way, don't enter a trade during an announcement on live rate. Try to use buy sell stop at levels of r and s, after break r going up, break s going down. safer, then enter and then become red. become r turn s. Unless its a false break ...
EURUSD
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5percent replied Dec 10, 2012the only edge is " trade management ", if the winner is going to be born, u can try to ride on him as long as possible and add on good levels, if not just get out with good profits and find new set up over and over again. Sometimes, in 1 month u can ...
Maximizing the winners
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5percent replied Dec 10, 2012I will keep this sweet and simple. url Current statistics up to date: +9.4% Abs. Gain:+9.4% Daily: 0.41% Monthly: 12.94% Drawdown: 0.47% Balance: S$54698.23 Equity: (100.00%) S$54698.23 Highest: (Dec 11) S$54698.23 Profit: S$4698.23 ...
Virtual Hedge Fund
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5percent replied Dec 10, 2012sorry to say this its unlikely to work out. forex is not moved by 50 pip and keep adding on winners that way. u will experience it when u do live forward runs. price dont move in sequence. price move in level of bounce of higher lo lower high etc ...
Maximizing the winners
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5percent replied Dec 10, 2012You can discover your edge by identifying your patience, personality and psychology management. Understand yourself. Are you " on the screen " " set and forget " " afford to lose what you can " " Poker trader " etc etc. Next, don't even bother to do ...
Maximizing the winners