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5percent replied Aug 24, 2012good plan
. a plan b to cover. that usually after former resistance. stop must always be after resistance as price action will likely to overlapse it.EURUSD
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5percent replied Aug 24, 2012very manipulative mr market, trying to take out stops and change the looks on shorters. pressure remain from 1.2555-65.
EURUSD
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5percent replied Aug 24, 2012trader need to feel where the trend/pressure is heading and sell support. buy resistance until pips have travel far enough.
EURUSD
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5percent replied Aug 24, 2012i won't be surprised the falling down can happen within just 1 day or 1 week, just look at may and we know, or even just look at 2008? see where was aud's price. when the crisis and panics starts to kick in, everything will fall apart. and when they ...
Aussie Trading Room and Cartoons Gallery
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5percent replied Aug 24, 2012i only believed in overbought and oversold on minimum daily and hour4, other than that is price movements, i don't trust smaller tf's oscillators, even if they retrace are just coincidence of the level of bids/offers they called support/resistance ...
EURUSD
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5percent replied Aug 24, 2012nice one
. but i think is down, because when a fat bear comes its a bear game, it was a bull game when the fat bull came from 1.2355.EURUSD
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5percent replied Aug 24, 2012in the market, indicators like RSi or even stochastic does not work in highly volatile period they are instead delay/lagging indicators, even moving average is meet because price already went there during high volatility/volume. i wonder how ur ...
EURUSD
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5percent replied Aug 24, 2012if u think that would be support, why not sell from 1.2555 area where frankie started to push it down, i always takes frankie's signal as the first call of the day, if u are waiting to buy at 1.2480 , its highly risky, the tide may have changed by ...
EURUSD
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5percent replied Aug 24, 2012i don't think the 3rd time it can hold anymore, a matter of time.
patterns and cycles, it's likely to head to somewhere soooooonnn.. everything is going to dive soon.Aussie Trading Room and Cartoons Gallery
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5percent replied Aug 23, 2012i prefer to head down from from 1.2570, hour 4 head is touched, going down from there, hour 1 looks like evening star going to be form.. stop remain after current resistance/high.
EURUSD
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5percent replied Aug 22, 2012interest rate in US is too low, making it not a good carry trade currency u pay swaps for holding them, but for global reserve mainly and during risk off time. Us dollar come into play during risk off and when crisis is felt, all pairs will dive ...
EURUSD
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5percent replied Aug 22, 2012gold must be painful... know u will be back again.
Aussie Trading Room and Cartoons Gallery
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5percent replied Aug 22, 2012the sudden weakness in aud, give some push for the eur to hold at this level. 4 hour closing is important, would be nice to see a shooting star for the bear.
EURUSD
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5percent replied Aug 22, 2012this is just a steroid rally, can be given back to the market very quickly, provided you can survive up to 1 week from now.
. patience...Cable Update (GBPUSD)