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Seneca pilot replied Mar 20, 2013A bit of confusion. The levels trades for intraday are always off the fifteen minute chart. Daily open for example. The breakout trade is the Post 80 strategy using one hour chart waiting for a close outside the three hour channel leading up to the ...
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 20, 2013Use an hour chart for the London breakout. If you get an hour close outside the range then trade the retest.
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 20, 2013The London hourly breakout on EU today was perfect. Only eight pips drawdown. Still in it, however I am fairly sure that it will stop me out during FOMC release later today.
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 19, 2013Add in those highs and lows. You will like the results of that also. Each of the four main pairs had a winning trade off the daily open today. GU bounced off the Monday low and went to the Monday high. Draw down on that trade 1.6 pips.
I ...Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013Five GMT is the time that those players come into the market and that is important but I didn't tell the whole story. There are definate reasons that I chose that particular time. Often the draw down from my daily open trades will go to some other ...
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013Yes. I like to trade the weekly open and close but I salivate when price is approaching a weekly high or low. Same for daily levels.
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013He was a President. I don't wish to go into this too much as Smittens is right, it can only lead to a bad place.
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013I did mention the gold fixes and give the times but I have never figured out a way to trade them. If you have a method for them that is based on hard stats I would love to hear about it. I don't focus too much on opens from previous weeks. We did ...
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013Socialist policies always hurt the ordinary person. The rich and powerful will always exempt themselves through either policy loopholes or by having their funds safely tucked away out of reach of the government machine. Only in a truly free ...
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013Only the opening range breakout. I am all in and all out on the normal levels trades. Look for anything between 1.5/1 and 3+/1 profits on those but no runners.
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013That trade triggered at Seven AM your time. Were you sleeping in?

Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013I think you and I talked about this before. I view the weekend trade as an extension of Friday. That was my low for the purposes of the daily trades. The Friday low may prove to be resistance here but this is an unusual situation. Normally the ...
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013Nothing to babysit now once 1/1 is met just move stop to BE and let it rip. You never know this could go up all week and you could end up with a 200+pip runner.
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013EJ daily open would have been a loser for me but not traded because EU is in the driver seat as of last week. EJ missed the low by a few pips as it went up with EU after EU bounced off lows.
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013This is what I actually teach but do what works for you.
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013It will probably get on up there. The real resistance will be the Friday low. The vote on the theft of the Cyprus citizen's savings was moved to tomorrow so it may go up until then.
Ramblings of a Forex Junkie
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Seneca pilot replied Mar 18, 2013I took off half at the current day highs I don't feel like babysitting until 1/1 I have things to do. Good luck guys.
Ramblings of a Forex Junkie