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- ukdaytrader replied Aug 24, 2011
Yea, you're probably right. I kinda expect it to climb some more. Just playing the averages with the bearish divergence building. (5m TF btw, so not expecting a 100 pip move).
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- ukdaytrader replied Aug 24, 2011
Building a short scalp position from here. First entry @ 67. Will look to add as we grind higher.
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- ukdaytrader replied Aug 24, 2011
48 — Keep 48 in your hip pockets. We will need to retest this level at some stage. A nice spike higher could provide a nice short scalp.
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- ukdaytrader replied Aug 24, 2011
Closed +25. Not being greedy here, but I think we'll go higher.
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- ukdaytrader replied Aug 24, 2011
Have been taking my triggers today off the 1m chart. Not my usual way of trading tbh, but my longer term strategy needs to play out above 1.45. Just scalping the short term fibs + divergence. haven't got it quite right yet, but the idea looks ...The Really Useless Thread
- ukdaytrader replied Aug 24, 2011
Took a small long on this pullback. @ 35. Hoping for the break of 42......
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- ukdaytrader replied Aug 24, 2011
Never trust news FULL STOP. It's the biggest con there is imo.
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- ukdaytrader replied Aug 24, 2011
Closed +10. Just seen first hand the advantage of not applying a hard stop.

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- ukdaytrader replied Aug 24, 2011
Just took a small long at 00. Will cut quick if i'm wrong... Is a good r/r I think.
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- ukdaytrader replied Aug 24, 2011
Closed short scalp +5. Bullish divergence on the 1m TF which may or not be important. Heavy shorts here are risky imo.
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- ukdaytrader replied Aug 24, 2011
Went for a risky short in a sub account @ 00. Just a scalp....
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- ukdaytrader replied Aug 24, 2011
Absolutely correct. Why let the brokers know where your pain threashold is. Market guns for the obvious places anyway, so if we have to use them, we need to be creative.
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- ukdaytrader replied Aug 24, 2011
Longs still good atm — 15m ABC long, is still intact.....just. Setup will be invalidated if 4357 gets broken. 4hr ABC long still intact too. This setup won't fail until 4180 gets taken....give or take. Still targeting >1.45 here, but staying ...
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- ukdaytrader replied Aug 23, 2011
These are the kind of words which warm my heart.
I know this sounds crazy, but I can see a pretty massive equity rally on the cards over the coming few months. A few charts seem to be converging with the same end result. (Yes, a crazy rally even ...The Really Useless Thread
- ukdaytrader replied Aug 23, 2011
ABCs everywhere lol — The bullish 15m ABC remained intact and the 4hr bullish ABC remains intact. The FE100 for the 15m sits at 4512. The FE100 for the 4hr sits at 4631, but one step at a time...
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- ukdaytrader replied Aug 23, 2011
I have a friend currently in Toronto and he felt it there.
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- ukdaytrader replied Aug 23, 2011
Looks like 29 held. Will cancel my short ordrr @ 41. I think we could see 13 again.
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- ukdaytrader replied Aug 23, 2011
I have a short order sitting at 41. Madness..... but it's just part of a possible scalp.
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- ukdaytrader replied Aug 23, 2011
ABC — 5m TF has a small bearish ABC pattern in play, where C hasn't been formed yet. Am antisipating 4429 and 4442 to be areas of interest. If we break 42 convincingly, then bulls back in business imo.
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- ukdaytrader replied Aug 23, 2011
Closed combined longs @12. PA looks dodgy for longs imo now.
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