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Area51 replied May 20, 2010Proud of you my Friend. Hey where is Francis? Is he out spending his GBP before they are worthless? A51
trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 20, 2010Lol. I see our resident risk manager (Masoud) has beaten me to the punch whilst I was typing. Well said Masoud.
A51trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 20, 2010KK. look at the preceeding down move. I would not stand in the way of that runaway train. I see no price action that would indicate an entry long. Yes you may be right. The move has been swift and strong and may be ready for a retrace. But. Why risk ...
trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 20, 2010AUDUSD .80 level is a short. Are you on a suicide run or just playing a scalp? A51
trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 20, 2010No Masoud. Just exploiting aspects of the market that are obvious like the daily downtrend. Of course the pullback could have been more comprehensive and I would have lost my shirt. A51
trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 20, 2010My Dragon trade was 260 down but now 300 up. Lol A51

trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 20, 2010Hey Masoud My Friend. Tried to give the market my shirt. Instead I can now buy a new one. Currently up +300. A51 Whips Dragons Tail. LOL A51 Patience Patience Patience.

trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 19, 2010Trade with conviction brother. Cannot trade if scared.
A51trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 19, 2010Masoud. As a touch trade it has been good for 30 pips so far. More than enough for a scalper.
A51trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 19, 2010Lets see if it breaks and continues up. Seems to be respecting for the moment but this push seems to have some power so far. Lets see.
A51trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 19, 2010Agree Masoud. Just like Higher Timeframes Higher EMA SMA more reliable as support and resistance. I'm just having a bit of fun. Like Ohhhhhhh. The Euros troubles are now all over. See the big bounce. 5 minutes ago all doom and gloom. Now we head ...
trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 19, 2010Euro wants to go back to 1.25 or maybe even 1.30 so the big boys can steal even more from untrained and uninvited.
Cable back to 1.35. Dragon fighting back. Now down 140 pips again.
I'm safe however. I have no Stop Loss set. If it goes 1500 ...trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 19, 2010Dragon trade bounced right of the 25 EMA (Hourly TF). Now only 90 pips in arears. now flirting with the 10 EMA (Hourly TF) Talk about volitile. In an hour I could be in profit with 100 pips in the bank.
A51 (Or I could lose my shirt) LOL.trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 19, 2010Ha Ha Ha. Gone 40 minutes and my DRAGON trade has been in drawdown as high as 160 pips. Is this a case of "Dragon Whips His Tail" ???
Currently down 100 pips. Is this the start or the retrace we have all been waiting for. Or is this a case of ...trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 19, 2010OK I'm game for some sentiment trading. I'm short (Demo) on the GBPJPY at 130.000 Lets see if I can become practice rich.
A51 Be back later to see how I fare.trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 19, 2010Hey Masoud. 120 pips. Your on you way my Friend. Keep practicing. Stay patient. A51 And yes. EURUSD next I think. Too much bad news and bad talk. But as always be cautious.

trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 19, 2010Hey KK Are you officially predicting EURUSD 1:1 ? Just read your facebook comment. A51
trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 19, 2010Hey Masoud my Friend. Is the freight traing South about to leave? I see the AUDUSD has dropped around 200 pips in a little over 4 hours. Same for the GBPJPY. Which pair is next? A51
trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 19, 2010EURUSD 50 % Fib — Hey Koalas For those who like Fibs. The Euro is currently at the 50% retracement for the all time low and high for the pair. (0.8225 all time low - 1.6038 all time high) Out a few pips depending on your broker. Just thought ...
trading801's Koala Forex Articles and EUR/USD views
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Area51 replied May 18, 2010What do you guys mean by Off? A51 I'm here and logged on?
trading801's Koala Forex Articles and EUR/USD views