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SimonK replied Aug 8, 2009Got to agree that there's nothing more frustrating than waiting a week for a trade and then the entry price turning up on NFP day. A very good exercise in patience, which I admit I failed this time!
Jacko's Forex House of Pleasure and Pain
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SimonK replied Aug 8, 2009If you're getting back-ache, you are simply spending too much time in front of the charts!
Lower back pain and your forex chair...
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SimonK replied Aug 7, 2009This is just a theory, but as it's NFP day, totally plausible. The weekly stops were taken out as predicted. Maybe the upside stops will be taken out later and 1.4500 level tested. I've seen big moves happen post London on a friday before, so it's ...
Jacko's Forex House of Pleasure and Pain
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SimonK replied Aug 7, 2009Thinking as its a NFP friday, they want to trip this week's stops here:
Jacko's Forex House of Pleasure and Pain
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SimonK replied Jul 23, 2009I totally agree Chris. This last 2 months have been very trying for all traders. If we can stay consistent during the crazy summer market, September will be a doddle.
Silent Service Method
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SimonK replied Jul 23, 2009Hope Dozzz71 doesnt mind. Posted a chart for him and you. Good weekly s/r, but I dont like the 4hr PA yet.
Silent Service Method
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SimonK replied Jul 23, 2009Here's one I spotted, Glaxo Smithkline, GSKLN on the FTSE. Nice 4hr PA at weekly s/r after announcements that they are doing really well with Tamiflu, lol. Just shows you cant listen to the fundies.
Silent Service Method
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SimonK replied Jul 22, 2009It's a messy chart. Aussie$ is even worse and hemmed in by s/r on both sides.
Silent Service Method
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SimonK replied Jul 22, 2009I agree Josh, I would not base anything on correlations anymore. In the past few months we have seen a lot of correlations lost, even if only temporarily. I have even seen the euro and swissy moving in the same direction!
Silent Service Method
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SimonK replied Jul 21, 2009Hope you werent refering to my post. Only your comment appeared straight after it. I was referring to weekly resistance on the Dow with 4hr PA which I believe is what Chris uses. This is a place to learn to trade and people shouldnt be disuaded from ...
Silent Service Method
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SimonK replied Jul 21, 2009Here's one from me. Dow Jones at weekly resistance, bearish outside bar and retrace. Will it hold, not sure yet. But good risk/reward for an entry.
Silent Service Method
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SimonK replied Jul 21, 2009Really liking the charts posted here tonight. Great work. Beats me why this is still in the recycle bin. Long common-sense, short Forexfactory, I say!
Silent Service Method
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SimonK replied Jul 21, 2009Hey Chris if you're reading, why not take this thread over to a rival forum? ForexFactory is not the be all and end all of trading forums


Silent Service Method
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SimonK replied Jul 21, 2009I'm going to start digging around in the recycle bin. All the best stuff seems to end up here.
Silent Service Method
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SimonK replied Jul 20, 2009It does seem that anything of value on Forex Factory is promptly sent to the recycle bin. Who can blame Chris for wanting to charge a reasonable amount for his time? I respect Jim a lot (I've been a member twice), but in this case I do think the ...
Silent Service Method
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SimonK replied Jul 15, 2009Scaling is also a good way to deal with this, taking profit at maybe minor s/r points. There are many different approaches.
james16 Chart Thread