Thanks a lot. I shorted at 1.1694 knowing very well about the resistance at 1.1720-40. I just did not expect it to get there. I'm keeping my shorts; didn't add to it, though.

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Hi, Please, what are your views about current price movements?

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Nice chart. Thanks.

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Exactly. I hate getting jammed up.

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Sold 1.1595 but scratched the trade with few pips gain. I'll stay aside now and short higher, or short lower when selling gets forceful.

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JustPipping, I'm still on the 10th page of this thread (and I'll keep reading), but I can already feel you have good knowledge about this. I don't know if you have answered this, but in case you haven't, how do you identify stop runs on the 15m TF?

The only thread you will ever need: FX Exposed!

FractalFreak, great, great thread. I'm still on page 10 of this thread. I've watched a good number of the videos. I hope to get a grasp of what you're doing.

The only thread you will ever need: FX Exposed!

Trading in the Zone. What a powerful book. Got the audio version and have been listening intently. Thanks to Teek and others who recommended it.

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Lol.. Fib spirals with tangents off Mr. T's ear.

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Lol... more like China owns everybody.

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Tudorloan, I ALWAYS look forward to your post every morning. It's a good guide. Keep up the good work, please.

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True, those chart-less and analysis-less outbursts can throw one off, even after making your own analyses.

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Thanks a lot for the reply.

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Okay, if I may ask, at what point would you think it's a bad trade? I'm actually thinking of buying now before FOMC because The ADR for the days is exhausted, and because I think the reaction to bad Euro data was overdone.

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Are you still holding your buy?

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Nice. Same boat with you.

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Well done!

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I will buy every good dip today. I'm not selling this, not at all.

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Ata, your buy at 1.1777 was excellent. I would have taken it, but decided not to. Again, excellent call.

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I do not believe any of these fundamental reasons people give when price moves against news. If it had gone up people will still find a reason why it went up. It's more like we are striving hard to justify price movement.

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