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5percent replied Dec 7, 2012good, i have a small long on that too. to 50 mainly then 70. I may anticipate an inversed h and s to be formed on min 5 for the move back to break out point @ 50, possible to 72 mainly for a retracement before anything higher for long set up.
EURUSD
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5percent replied Dec 7, 2012i see ur point, actually, simple sell stop below current low with a good rr and trailing, and buy stops above 50, to trade back to 62/72 first. if price can go back to 50, it can means a base 28-50 is form as a good rejection compared to 1.2950-72 ...
Trading EURUSD only
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5percent replied Dec 7, 2012what about 2 different broker? one long only, 1 short only?
EurAnalysis
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5percent replied Dec 6, 2012quote This guy is more unlucky i guessed, good for davit, whom kept his conviction and trading plan when things were bullish. a loser to a winner, a winner to a loser too common.
EURUSD
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5percent replied Dec 6, 2012correct, but news trading are opportunities too, just like what happened yesterday where 1.0500 barrier was attacked, if a person want to play short term price action, he can just place a buy stop on 1.0500, where price actually landed on 1.0481 as ...
Aussie Trading Room and Cartoons Gallery
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5percent replied Dec 6, 2012to be very honest, it's very hard to analyze a data outcome in US timing on price action. By the time a trader look at the tweets, refresh the data page, check on bloomberg tv, and each time in the us session, there can be many fundamental news ...
Aussie Trading Room and Cartoons Gallery
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5percent replied Dec 6, 2012i have no idea. this is an old picture that i did last month, price is still inside the blue box, and trading mainly in 1.02-1.05. With 1.0150 area and 1.0615/21 area as top and bottom. i have been merely ranging trade aus/usd , buy lo sell hi ...
Aussie Trading Room and Cartoons Gallery
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5percent replied Dec 6, 2012price have to overlap the first hill @ 1.2973 area, we can get a good touch on 1.3000 or at most 95 if it's not going up . above 1.3, we can touch on 1.3020/25 then 1.3040. 1.3040 was the breakout point of yesterday's move. Price may reach there for ...
EURUSD
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5percent replied Dec 6, 2012possible . it can just be a lower high. since been ranging for days and weeks and months btw 1.0150-1.0490. went up to touch 1.0515 area to be stronger to come down ye. see weekly closing for an idea. friday can be unpredictable too. though it dont ...
Aussie Trading Room and Cartoons Gallery
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5percent replied Dec 6, 2012I learned the hard way
, so i hope to share my experience with others. I rem a time as a newbie/starter without a proper edge, i make more than 1000% in 3 months executed 6000+ trades accumulated 8000 pips++, and then losing them into the market ...EURUSD
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5percent replied Dec 6, 2012It's normal, that's part of the reason why " inconsistency " is the problem of most manual traders, humans have emotions and there are chances to be wrong. One way to scale myself out is to hedge myself. U can practise this too, for example, if ...
EURUSD
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5percent replied Dec 6, 2012Here's a trick of entering a trade with risk's check and probability checked. For example, when price has been rallying from 1.3072 into 1.3125, i will never know a top is found, as i can't predict a future. Jumping into a trade too quickly is not ...
EURUSD
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5percent replied Dec 6, 2012when a breakout happens, look for weakness and add on retrace , counter trade can happen after a base is formed if not is catching top/bottom...
EURUSD
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5percent replied Dec 6, 20121.3041's area is the level to watch now, if it's support turn resistance or 1.3022-41 serves as a base of rejection for retracement upwards.
EURUSD
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5percent replied Dec 6, 20121.3025 area achieved. Exited my some of my highers shorts from 1.31s area off here. 1.3025 is previous week's resistance, can provide resistance turn support strength here, landed on tl as well.
EURUSD
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5percent replied Dec 6, 2012exit partial 1/2 of 1.3033. + 45. set to be + 1. free trade. hit 1.3025! important level
on daily chart of previous resistance last weekEURUSD
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5percent replied Dec 6, 2012the bull went up in 2 5mins candle, and the bear is very lethargic. The support below remains strong. 78-85 is still holding for now. lets wait for that man to open his mouth.
EURUSD