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cenetti replied Jun 12, 2015End of week review ...
Short to long is still 5 to 4 and thus LONGS should be favored. As long as shorts are in the majority, don't expect EU to go down. As seen earlier, drop to 1.115 was bought right away. UP over 350pips from last week's ...EURUSD
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cenetti replied Jun 11, 2015If you want to avoid news then you need to drop the time frame to no higher than 30mins. That way you can trade 'around' the news. But if you're looking to trade H4 then you have no way of avoiding the news. I personally wound't take a trade right ...
A question for technical traders - ignore news events?
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cenetti replied Jun 11, 2015No loss means you have high draw down. You let the trade go against you, never close the trade and come back, make you money. So technically you never lose ..
Good luck sitting on a -2000pip loss for months. Or you develop a system pinpoints ...No Loss Strategy?
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cenetti replied Jun 11, 2015Go to Turkey. Better vcation for half the price. And as an added bonus, you can watch Greece burn form the shore while sipping your martini..

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cenetti replied Jun 9, 2015CHF and JPY are the most manipulated (by their own governments) currencies out there. No trader should ever trade them.

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cenetti replied Jun 8, 2015Of course there will be retrenchments but you add to your longs when that happens, not short against it. Unless you're a pro trader that is. And I highly doubt that you are one, no offence.

Anyone advocating shorting after a 3500 pip down ...EURUSD
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cenetti replied Jun 8, 2015No it's not. It's short covering. Mostly forced! With sharp move downs they suck more and more shorts in and then force them cover higher. Short to long ratio is 6 to 4 now. It's going up. Last night I was ridiculed for saying so, even "suspended" ...
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cenetti replied Jun 8, 2015Shorts are multiplying. That means we are going UP
200 up form last night. another 700 or so to go... Keep shorting.EURUSD
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cenetti replied Jun 7, 2015Oh retail traders are bunch of gamblers. Retail forex make up less than 4% of the whole market. Bet against the general retail trend, you'll make money 9 out of 10 times. Try it. It's free to try. After 3500 pip down, only idiots cheer short short ...
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cenetti replied Jun 7, 2015and ? I am only giving my opinion and I am not claiming to be a guru either. So what is your point ? Because if I 'were' a guru and had extraordinary edge, you wouldn't be able to have a 'conversation' with me. You'd have to pay for that privilege ...
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cenetti replied Jun 7, 2015Of course it won't. Watch the tune change as the EU get stronger and stronger. Form OMG greece will DEFAULT to Oh who cares. All baked in after a 3500 pip down move with the fear of Greece leaving...
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cenetti replied Jun 7, 2015No, retail is still shorting. Hoping to see new lows. After 3500 pip down trend and a bounce, it takes balls to short - or plain stupidity. If the average long(buy) price is still around 1.2 then a 100pip drop won't do anything. They're already in ...
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cenetti replied Jun 7, 2015Average short price in EU is at ~ 1.1150 and long is ~ 1.20. If you look at the chart you'll see the big breakdown happened around 1.2-1.22. So it's safe to assume majority of retail shorts entered under this level and added to their positions all ...
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cenetti replied Jun 6, 2015All baked in. Nothing you said is new. Everybody and their grandmother knows it and been shorting EU. Long term the trend is down, we all know that. However one push to 1.2-1.25 ... it's all over. 99% of the retail accounts will be under water and ...
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cenetti replied Jun 6, 2015EU dropped 3500 pip since last year. Greece, mreece all baked in. As always retailers are late to the party. Shorting when the big money is covering.

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cenetti replied Jun 4, 2015" If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem. J. Paul Getty "
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cenetti replied Jun 2, 2015Not before month's end but option's expire, apparently. LOL Alwyas expect the unexpected in forex.

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cenetti replied May 30, 2015I find that trying to get a good entry is fool's game. It's impossible to pinpoint great entries all the time. That's why I don't day trade. I'd never day trade with real money. I build positions with small lots. But I still play with ideas and demo ...
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