Nice looking chart, I am taking notes on this. About the dustbins. There isn't really a discussion thread or a book. It's based on posts in this forum/site. There is a .doc in the posts from AllyB. (I found it just now here it is: Dustbin Trading) ...

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I think it's a bit more than scalping, but yes I agree eurusd has more opportunities for it. And since position trading with all the political mess is a lot less easy, this is a very nice system to get something out of fiber. I still need to develop ...

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Are you familiar with the Dustbinlevels ? Look for posts from Gleneagles and Allyb , they basically started and improved this "simple" method, not sure if Cloggie was the start of the idea for Glen and Ally. It basically thrives around the fact that ...

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That's a good thing to know. A view posted here by someone can be easier put into timeframe. I think it's very important to state as much as you can with what timeframe-view you base your analysis or position. Since we can easily be confused. To ...

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The low still holded, so the ones that got that entry in on the bottom with tight SL, like I said were safe for 20 pips. I almost jumped in around 0412. But was busy with my "bad entry" eur/gbp short. So missed it. Wild moves indeed haha bad ...

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yup, not many hours left in the day before a party this evening. Need some extra sleep and I probably have bad experiences with trading on friday after 15:00 GMT, since it always scares the sjit out of me if it's almost 18:00 GMT lolz I do have a ...

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Would make sense Thanks for posting in your thread again this week DB! Enjoy the weekend all of you!

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What does that make me? The crazy fool?

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But still be careful with a L, put in a very tight SL, and only when you are in from 0405 or lower, the long wick can also be a way for bears to trick the bulls going long

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Indeed might be it, long wick, no touch of 0400 or 0396 only crossed the 0405. No confirmation yet but if one of you took the bait L around 0405 it could be a nice one. I didn't, because I was rebooting my system Stay above 0405 with closes and a ...

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Do you mean the fib 38.2 or the level 0382?? I scalped 6 pips short here, couldn't keep it

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Good morning DB. Sounds ok. Flat all together btw, nothing running on aussie atm anymore

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Should have kept it as a scalp and close it all together. I did cheat a little here, moved SL 2 pips below BE just to give it a chance. Scalpel (not my drawing)

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Closed half of it already at 6-7 pips. Could be a runner, so let the rest run with SL BE+1

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Well I can't sleep, so why not scalp a little. So took a long aussie here not the best entry, but it was building up. 0422.5 is entry. will just see how far it goes. Maybe it can pay for the -10 pips in eur/gbp that's still open

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I closed most of it too. It's stalling too much for my liking. So only a very very small part of the position is left with SL 0427 Just for the fun of it. Will be a bit less active these few hours...maybe even sleep a little. Enjoy the weekend ...

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Mine opens 22.00 GMT Btw I hate this stalling part.. I always feel as I should close, than it continues. If I say, just wait a little, it reverses. SL down to 0427 just in case, that would be 20 pips (10 less than now)

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Yeah I figured that out, I edited my post. But actually there is just no gap, markets just go on. Though it works psychological. I think if you calculate every gap that has taken place and how often they will close in the next 1-3 days. I think you ...

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Yeah something like that. I had to pay on the rollover this Wednesday $6 +/- for my audusd short. But I will not carry my audusd short over the weekend but maybe the eur/gbp short. But hopefully that's not necessary.

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Gap down for what? I am short eur/gbp and short audusd (will not carry audusd over the weekend though) But if gap down, that would be good, or am I misunderstanding you? Ow wait you mean, gap down, 3-4 hours later it's crawling back up, right?

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