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5percent replied Dec 6, 2012uncertainty timing. price may receive support off 1.3055/40 [earlier base of rally]. only a break below 40 is a clear sign for bear.
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5percent replied Dec 6, 2012a nice 5 min inverted hammer [waiting for that for new shorts], that should be the europe's rally top. Short 78 with stop above that wick, going to lose just 7-8 pips for bigger stuff. Hour 1 have not close above 50 sma yet, if the rsi dive under ...
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5percent replied Dec 6, 2012If ur entry is for example 1.3075 and ur stop loss is 1.3082. On ur broker there is a bid/ask quote. For instant when u sell 1.3075, the bid was 1.3075, the ask was 1.3077. So when the live quotes moves to let say 1.3080, and ur stop loss is 1.3082. ...
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5percent replied Dec 6, 2012If anyone have noticed, the min5 consolidation is quite a pain in the ass, which is why taking trades in such zones are very dangerous, either ur are right or wrong. stop loss outside of the zone is safer. Price managed to hit 62 and rejected back, ...
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5percent replied Dec 5, 2012over the past few hours, price is consolidating below 1.3059, 59 was our ytd's low. showing support has become resistance in the short term. this is weak resistance. As 45-59 may formed a base for retracement higher/upwards and continuation of bulls ...
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5percent replied Dec 5, 2012an example now would be price may retrace from 1.3045 area back to 1.3058 and 1.3058/59 may shows weakness, showing support turns resistance, a breakout/price trend continuation will be valid if 1.3059 shows resistance for price to move up from ...
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5percent replied Dec 5, 2012It depends, firstly, u need to identify the real breakout area, for example, for yesterday, commonly price will react 2 ways. 1.3105-1.3125 where price was consolidating, Break 1.3105, price dive lower first, normally price may for example dive to ...
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5percent replied Dec 5, 2012price should continue to consolidate between 84-60 unless there is further volatility by news/etc. Daily looks like a good wick btw 1.3107-1.3125 with bearish body at the moment with bearish outlook. The retracement may bring from 60- 1.3100/1.3092 ...
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5percent replied Dec 5, 2012as i am not them, i will never know their intentions
. But there are some cool peeps that share their system online for free and i have benefited from them as an experience.I actually like systems, but i only uses a few that's suitable and ...EURUSD
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5percent replied Dec 5, 2012peace
, i am not siding them either, just being neutral. I don't say that their system is holy grail, nor interested about their education/course/selling stuff. There's no way, a system is going to work all the time, as manual trader ...EURUSD
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5percent replied Dec 5, 2012Sorry, but actually, these strategies do work :|, they are advertising with too many " claiming and selling dreams " but i have seen their techniques, it does work for people whom suits the strategy or understand the rationale of the system behind ...
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5percent replied Dec 5, 2012I remember u have a short earlier @ 1.3125/18, bro try this out, if u ever want to lock ur profits, u can takes partial or close 1 of them with the profits u made, plan ur stop loss accordingly to ur profits and attempt to ride and nurse ur winner ...
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5percent replied Dec 5, 2012If the 4 hour chart contained below 1.3067 i favor a sell back to 1.3020 area which is likely to land on the trend line on 38.2 existing support. hour 1 50sma is overlapsed, which also means macd is crossed into negative territory, such zones are ...
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5percent replied Dec 5, 2012image image At least u have ur stop loss. Alot of traders done mistakes by picking against the trend, or not understanding recent's momentum. When a breakout happens, look to add with the trend direction, if bearish breakout, look for weakness ...
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5percent replied Dec 5, 2012Price on my broker almost touched 100.0 @ 1.3721. my broke reading 1.30727 miss by 0.6. 1.3072 was the momentum outbreak from 1.3105-25's target. now 1.3080 will serves as support turns resistance. observation -> if u spotted min 5 with a doji and ...
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5percent replied Dec 5, 2012short term intra-day outlook play. orange box is the current zone of consolidation before the next move, price may receive 1.3097 pending shorts on 38.2 on trendline to further continue the down ward momentum, a break or overlpased of trendline into ...
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