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Rag2RichesFX replied Jan 28, 2016still long, weekly reversal AUDJPY........... That was an incredible move past 72 hours 400 pips. Too bad I closed before the 200 pip pop oil long still going too, 8000 barrels sitting +$3.80 / barrel by far my best week ever.... this is absolutely ...
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Rag2RichesFX replied Jan 27, 2016long GBP again 4242, might drop near 4200 before it rallies
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Rag2RichesFX replied Jan 27, 20166 weeks later nearly hit actually will start some SMALL gold short now and build it if we go higher not for long term, just quick countertrend play
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Rag2RichesFX replied Jan 27, 2016waiting for 35.xx to take some off..
... this is a once in a few years kinda trade (momentum slowing into extreme under valuation) (not saying it wont go lower, but unlikely to go lower without going higher first) should have taken some off at the ...EURUSD
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Rag2RichesFX replied Jan 26, 2016one position is long term (crude) one was a scalp (ES short) many better markets to be active in (CAD, GBP, JPY, AUD)..., EU sucks until we get out of this range
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Rag2RichesFX replied Jan 26, 2016and here we go for GU I see this as the major low oil longs back from the dead Of course CAD following
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Rag2RichesFX replied Jan 25, 2016that 1.91 EU target supports the thesis that commodities will rebound to the moon.. i think there will be a day DXY sees a 5x.xx handle describe "reset". what does it mean to you? to me it just means prices falling into extreme undervalued territory ...
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Rag2RichesFX replied Jan 25, 2016I had a beautiful 5 lots short in AUDJPY 83.23 but didn't hold it for more than 30 pips. Would have been a quick 5k (118 pips) Stop was 30 pips Patience is difficult for the short because I am biased long in AUDJPY until 85.xx is reached (but 80.xx ...
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Rag2RichesFX replied Jan 25, 2016The only reason people "rode the pig" before is because valuations were actually fair. 1200 SP500 + QE3 made sense to buy. 1900 SP500 + QE4 doesnt make sense (so lack of QE and rising rates... REALLY doesn't make sense) Once QE ended, we went into a ...
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Rag2RichesFX replied Jan 25, 2016I don't know what you mean but this is how you invest long term. You buy undervalued assets during "reset" periods Gator speaks of resets all the time. They are normal because those who drove an asset up also drive it down, because obviously no ...
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Rag2RichesFX replied Jan 25, 2016GU longs soon for weekly reversal 1.4580 and 1.4800 would be nice if we can drop to 4160 first
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Rag2RichesFX replied Jan 25, 2016closed short ES (1899) +28 points not really any profit though because WTI long is underwater
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Rag2RichesFX replied Jan 25, 2016no i tried to catch bottoms and have a few times for some "decent" gains (3-5 dollar moves), but at sub 40 i wouldn't go all in with no stop loss, however here at 32 i just said i will enter 50% of one account with no stop loss, at sub 20, would ...
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Rag2RichesFX replied Jan 24, 2016target 34.50ish initially stops are varied below different HLs
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Rag2RichesFX replied Jan 23, 2016After doing more research, I will buy USL instead. It's an oil ETF that invests equally into the next 12 future contract months. USO invests only into the spot month, and then rolls to the next month. I knew there was something a little off with USO ...
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Rag2RichesFX replied Jan 23, 2016Only reason I have any money in a Roth IRA is tax free returns, otherwise it's useless, the flexibility with trades is terrible and you can't use any margin. It's for no brainer long term trades only. Even if it took oil 10 years to rally, thats ...
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Rag2RichesFX replied Jan 23, 2016If it goes sub 20 I'm all in long, and probably with a few futures contracts ($3000 per $1 move in oil) No stop loss I'm not one of those doom and gloomers who expects oil to be unable to find a bid and be worthless. It's the #1 most used commodity ...
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