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profxtrader replied Mar 9, 2010And finally! A thread for anyone who's said to themselves "The only way I'm going to make any F()@#ING money in the markets this week is if all of the stars are aligned..." url
EURUSD
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profxtrader replied Mar 9, 2010I'm not a fan of fibs for much. So with that... we shall see! EDIT, I drew them on my chart. I'll take 23.6

EURUSD
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profxtrader replied Mar 9, 2010I'd check my charts on that one. 1.3604 wasn't the low last week on my charts. It was more like 1.3435.
EURUSD
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profxtrader replied Mar 9, 2010I had to look at the root website... and I've got to admit, that's hilarious.
EURUSD
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profxtrader replied Mar 9, 2010I'm not a euro bull, but I'll take chart patterns for $5000 Alex. What is a Bear Flag? <crowd goes wild>.... and confetti and balloons fall from the ceiling and I'm still short EURUSD

EURUSD
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profxtrader replied Mar 9, 2010That's timeframe dependent my friend.
When someone sees an uptrend on a 15minute chart and I see on a downtrend on the daily... neither of us is necessarily wrong.EURUSD
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profxtrader replied Mar 9, 2010As a professional trader I'd like to chime in here. While this IS true in some cases, any decent trader makes more off of their performance fees than rebates. That said, there was a law passed in Europe (don't know how many countries it covers, but ...
Cable Update (GBPUSD)
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profxtrader replied Mar 9, 2010But with the ranges getting tighter and tighter we're more likely to have an explosive breakout soon. Somethings gotta give, you know?
EURUSD
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profxtrader replied Mar 9, 2010Here's one! I'm still short this last time from 139.18 though. I'll most likely be adding to it soon.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied Mar 9, 2010No, just 170. Exited last short @ 5222. Entered this short @ 5048. FYI I trade dailys and 4 hour charts (to a lesser degree).
EURUSD
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profxtrader replied Mar 9, 2010And that's another trend trading adage. Buy high, sell higher. Sell low, buy lower. It's certainly no buy high, sell low greatness, but it has always been profitable.
EURUSD
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profxtrader replied Mar 9, 2010<sigh> I posted my trades and charts many pages back. You can go look for them, I will not.
EURUSD
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profxtrader replied Mar 9, 2010I have updated my signature to reflect what I see on FF. Everyone calls for a reversal and sure... at some point someone will hit it on the nose and look like a rockstar. Why not just trade the trend? It's the oldest, most cliche adage in trading, ...
EURUSD
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profxtrader replied Mar 8, 2010I see a lot of people trying to convince themselves that the EUR will rise from here. Truth is we ALWAYS trade based on what we think is going to happen from the moment we pull the trigger. We don't know. But with a slight edge and good money ...
EURUSD
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profxtrader replied Mar 7, 2010I will agree that a trendline break will change my bearish technical outlook.
EURUSD