So the highest this went was +43 pips, but again a news announcement, so I'm quoting it for less, +33, but done on it for the day as price broke through the levels.

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Its case by case. A level like this is more likely to stick than others, but after getting pounded so many times it eventually needs to bust. I would recommend going back and looking at similar scenarios, and based on what's posted here, analyze the ...

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Yeah, that was the right move. Only time I'll leave on trades during the news is if they're already well in the money (60+ pips or so usually, but can depend). And I almost always take partial before the announcement if this is the case.

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Precise entries — By the way while I have some time here I wanted to say that to make your entries more precise, take a look at the last time price hit the level you intend to fade. For this long trade it was 1.5547, and price jumped right off ...

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Hi Ironman, yeah this top seemed to be it and price has been squiggling around up there ever since. I brought it up in a previous post but didnt make a call. url I had .9648 as the high according to NF at the time. If I had to guess I would say ...

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For the long trade, 1.5580 was the topping point, for a max +33 pips of profit so far. GDP coming out soon.

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Reuters has its own Quotecenter software, which is relatively inexpensive for individual, not institutional, investors, and offers the same quality of data but at a much lower rate. I actually found it through another member on this forum. It can be ...

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Reuters has its own Quotecenter software, which is relatively inexpensive for individual, not institutional, investors, and offers the same quality of data but at a much lower rate. I actually found it through another member on this forum. It can be ...

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Hi Max, I'm looking for long term historically strong levels of significance. I'll play double tops but in a case like this there are stronger levels surrounding the immediate price action. When you have a correction at a relatively weaker level ...

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The more reliable one I'm referring to is Oanda, which I trade off of. The other is just a North Finance demo, which is wrong many times. Hard part is I've been using NF for analysis, which after the past few days I've been trying to be very careful ...

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Thread Track Record to Date — Ok so I was curious and I'm not here to sound like a pompous schmuck, but I went back and took a look at all the posted trades and here's what I came up with: Out of 15 "official" posted trades, 14 gave up atleast ...

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Just to clarify, when the time for news came I got out of this trade personally. Just to keep in synch with my own personal trading rules I posted a max gain on this of +22 pips, but if you beared the grunt of the news, even with a small 25 pip stop ...

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I've got 2 data feeds. The more reliable one says that price hit 1.0424 right on the head, and based on my own execution today I'm going with that number. Assuming entry at 1.0424, the maximum payout on this trade so far today was +76 pips. So good ...

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Short EUR/USD 1.5697 - 1.5710 Long EUR/USD 1.5547 - 1.5532 I'm marking up this chart for the long and short because these are the strongest zones in either direction. For the short, make a note that there is a diagonal, downward sloping trendline on ...

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Long USD/JPY 104.38 - 104.33 On an intraday basis, this level should pay off in normal market conditions. I'm uncertain as to its continuation though. From a technical perspective, I'm still long dollar biased. Fundamentally not as much. Yen is in a ...

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News blew out this trade. Was still good for about +22 or so pips and cycled down on very strong US data. Looking intraday at 1.5600 for a fade buy.

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Options expiration calendar — . url .

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Hi Max, Independently. The only reason I would be in them at the same time would be if I'm waiting on a longer term position while taking others. And no to the second question. If the setup on GBP looks good, trade GBP. If the setup on JPY looks ...

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Long-term traders, anyone? — Here are some levels for EUR/GBP. Clean shot on the monthly if price can go that far. Take this one for a ride if it pays. Stash it in the "dont touch me" account, perhaps. News could break it up though. Not ...

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Yeah it might coincide with what I just posted here. If they happen at the same time your probability just shot up even further. If EUR happens and price on CHF is around 1.0393, up to 1.0424, that should be a good sell too. Look out for those ...

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