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FXCapitalist replied Sep 3, 2009It depends on your psychological make up and risk aversion. Risk is the uncertainty, your downside. Me I fully accept risk, I know my limits and I am willing to take on the risks that others will not. Ergo yourself. Thus in taking this risk I expect ...
EURUSD
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FXCapitalist replied Sep 3, 2009Ahh yes. The one true theory in finance is that if there's anything for sure it's that nothing is for sure... but then again one given that can be true is that the markets always move forward in time and in 3 directions, up down and sideways, now ...
EURUSD
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FXCapitalist replied Sep 3, 2009With the downward pressure on the EUR I'm looking for another test through 1.42XX and a collapse through 1.4170 to completely destroy the 1.42 support level.
EURUSD
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FXCapitalist replied Sep 3, 2009If it's a bad surprise you'll never see the pivot and might just blow through s2
EURUSD
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FXCapitalist replied Sep 3, 2009Here — image Look out below if anything. If it fails to even take out 1.4266 I'm aggressively short any candle after that. Can't lose today I played the ECB and Jobless claims well. See you euro and us session later.
EURUSD
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FXCapitalist replied Sep 3, 2009Given the size of your account why don't you just lever yourself and target 5 pips instead of 10 and trade a bigger size, surely the +5 will come before your +10...that is if the -5...-10 doesn't get you first. But then again this might be well ...
EURUSD
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FXCapitalist replied Jul 31, 2009Yeah I was right about the up move. I trade E/J more though. Better Reward to Volatility Ratio on that one.
EURUSD
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FXCapitalist replied Jul 30, 2009Pwnt you need to raise some capital. I wouldn't be trading with that kind of drawdown ever.
EURUSD
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FXCapitalist replied Jul 30, 2009I'm looking for your fib 50% failure and a break to the upside, and your bearish gartley butterfly to fail as well, vs. my Ascending triangle + 50% fib retrace failure and target up 1.48xx in a few months or less. We need good earnings and ecb hikes ...
EURUSD
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FXCapitalist replied Jul 30, 2009cool, lets offset eachothers positions. cheers. IMHO you trade too complicated. If it works it works.
EURUSD
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FXCapitalist replied Jul 30, 2009That should be no problem 1.42 is weak & 1.43 is the level to be challenged.
EURUSD
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FXCapitalist replied Jul 30, 2009It's ok when I pull the trigger to trade I forget about it until it gets stopped out in profit or in a loss, I did all my thinking and mental anguish beforehand. So it'll be fine.
EURUSD
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FXCapitalist replied Jul 30, 2009I'll have buy limits on the way down to 1.39 I use massive stops so it doesn't matter to me. I'll target up 1.41-43.
EURUSD
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FXCapitalist replied Jul 30, 2009Up we go next week to 1.42 maybe even 1.43. Just a hunch, atleast that's what the market tells me. It'll correct me if I'm wrong.

EURUSD
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FXCapitalist replied Jul 29, 2009I agree, I trade it on the m15 regardless of direction and it has a pretty high hitrate. I take what I see.
The DIBS Method... No Free Lunch continues
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FXCapitalist replied Jul 12, 2009FXSOL Please — Make Accucharts have draggable stops and limits so we can move the stops and limits and then have a window to confirm our modifications, numerous futures trading platforms have this easy, Accucharts makes it tedious. We should ...
Accucharts: Pivot Point Indicator