I think most everyone here understands the "Gap" theory and what it really is. Maybe we should make up a name for the difference between Friday's close and Sunday's open. For example, my FXSolutions account closed at 1.3352 and opened at the same, ...

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FXSol just opened a point lower and I was able to exit my shorts. Good trading to whoever is in. I'm sitting this one out until the banks open.

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Don't forget all us retail traders. If China will have any impact then we should see a drop. A strong USD is good for them. I left 2 SMALL shorts open Friday afternoon and am looking forward to my brokers opening today.

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I don't like talking about my own trading experience here, especially because I am newer here and no one knows me, nor really should they. I've been trading Forex for 7 years now on and off. The offs were when I was working too much, had personal ...

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Chicky, as soon as I see your name pop up I always know there is going to be something good following it. Thanks.

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Caught 5 pips on the way up and 1 on the way down. Is this a breakout or just more low volume random noise?

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Man I really don't understand you but that chart was one of the best I have ever seen.

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Or maybe they are just properly funded.

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Closed at a 9 pip loss. It wasn't a great ending trade however I'm profitable for 2010 and looking forward to 2011. Thanks to those who contribute in a positive way to this thread, help others, and treat people with respect. Have a blessed, happy ...

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Good evening folks and Happy New Year! This should be my final trade of the year. M15, M30, & H1 are all on a short term trend up. I'm jumping in for what may be a scalp or something longer. In at 1.3300, SL 1.3276, and TP of 1.3370.

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Tightened my SL to 3139 and reset my TS. Going to sleep on it. Goodnight folks and happy trading.

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I was speaking for myself only, not implying you were wrong to use it. Expectations are dangerous for me as bad ones can come true and good ones can let me down. I expect the market to so whatever it's going to do.

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It happens that way with a lot of us, especially when we are new traders. Review each trade individually and place any new trades individually. Remember the most important part of trading is minimizing losses, not trying to capture pips/profits. ...

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I try not to "expect" anything although it sure is knocking hard on the 23% daily fib. I wouldn't be surprised if you are correct however there isn't much volume to run it up. My stop is at 3142 but if it shows strength up to 3134 I'm out.

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I can see it testing 3100 before London open. I'm taking a short now at 3124.

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There have been some better places but I'm holding a short from 3241.

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Still long here from 3130. Having a hard time deciding to hold or take profit based on the momentum, resistance, and a few opinions here. I've gotta be up for work in under 2 hours. Edited to add: Just raised my stop to 3150. Goodnight all.

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I respect your opinion and appreciate your thoughts Malcolmb. You are so correct about the nature of Forex, and many other things in life, having the potential to ruin relationships and lives. I can't blame my first divorce on my trading but I'm ...

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There is no doubt that this is a dangerous time to trade. However many of the people I follow here, including you, seem to have opposing opinions on it. I enter my trades with 10 to 20 pip SL's and no expectations. As soon as I'm near BE I add a 3 ...

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2 trades and 28 pips trading this channel tonight. If it doesn't break 3120 I may go for a long scalp again.

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