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5percent replied Jun 21, 2012look at 4hr, its like .. i hope to see 1.28 and 1.2590, so its easier to know a direction. This hours, market can fly up and fly down, in this kind of RSI range. in 1hr and 15-30min later we should see some direction.
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5percent replied Jun 21, 2012Importantly, japan is the odd one out, and nobody cares about them, and they are the most desperate now that wants to weaken their JPY, but never have a chance lately in the spot light for people to buy against them.
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5percent replied Jun 21, 2012This kind of market is for scalping, its not going anywhere yet, until the US session come in and crazy volatility strikes. US session - > there are american, europeans, asians and aussie. across continent for your target of 50-150 pips range.
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5percent replied Jun 21, 2012k, that 1 minute is damn lame, i was shorting in red from 1.2688-1.2695. and it just ended in green, i turned SHOCK for abit.
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5percent replied Jun 20, 2012The next range should be quite dramatic, maybe 150 pips north or south. Since it is more or less stucked, challenging both side.
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5percent replied Jun 20, 2012Good. Stop has lower probability of getting hit. Target is nearer. Can easily ride on free trade be.i used this often too. I stick to r and s with my chart with some technical indicators. So market has lesser chance of stopping me out
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5percent replied Jun 20, 2012History repeats itself, 2 weeks ago, it dumped. Now it dumped again. But today have heavy support, that it rejected very quickly, back to before it falls. News trading is really gambling, and price action is unfair. I go sleep now, trade on higher ...
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5percent replied Jun 20, 2012Yes bro, its no difference from gambling and wasting money, it took me 1 year to conquer a lot of things, mainly PPEE, personality, psychology, emotions and experience. And you will build up more anguish and frustration. If you cannot manage, this ...
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5percent replied Jun 20, 2012More or less, i am still interpreting this as nowhere, and market is not going to sell off either, there are heavy buy order which made the price where it is now from awhile ago. its more or less on 1.2680 +++ going up? Hourly is a pin bar. I will ...
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5percent replied Jun 20, 2012i place 3 pending earlier and all got auto take profit closed. such market is really lame shit LOL. cannot stay in the market more than 5 minutes, it just keep going up and down. Its not even one directional, its both way and that's even crazier!
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5percent replied Jun 20, 2012Ye. Also when aus was 1 .08 months back. Yes everyone were saying 1.10 . Guess it good to separate long term and short term. Long term with bigger buffering . My linear regression graph did showed me on daily chart. But i nv hold long. Bc my nature ...
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5percent replied Jun 20, 2012Excellent. will try to catch a top or bottom in future again. This year gbp move quite fast especially from 16300 to 15200 then back yo 15700
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5percent replied Jun 20, 2012ye, i waited the entire Asian hours for entry, got nothing to fish. I can't believe asian didn't even open 50 high low. Its neither low, nor very high. Just waiting for something to trigger. Anyway, those fundamental news/noise are drama, news are ...
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5percent replied Jun 20, 2012this may move price higher. ytd high was 1.2728 zone. weekly 1.2748 zone. today low 1.2660 zone. If i short, would make entry from 1.2770-1.2800 zone onwards, meanwhile just scalp. 4 Hourly looked very scary for me, i see an enormous bull waiting to ...
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5percent replied Jun 20, 2012Holding last short from 1.2707, with sl at 1.2706 BE +1. May tp if price touches lower boilinger on 15min.
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5percent replied Jun 20, 2012Well, the only way for new trader to learn or find tip is really by having a trading plan and knowing what he or she can risk, and knowing not to over-leverage and account protection. No one can predict 100% direction in Forex. New traders if want ...
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5percent replied Jun 20, 2012returning to where it was earlier... this scalp is very very long, look at 1hour bar.
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5percent replied Jun 20, 2012Once Aus is above 1.0 its a scary shit. Its better to buy on dip, as its very very bullish, for the meantime.
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