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newbegger replied Dec 16, 2016image If you have not closed up shop for the year, now is the time. Hated + trading = loss. And forget about the "revenge"trade or the "I'm bigger than the market" trade. Most times, you will lose. Best to keep account alive for next year. The USD ...
AUD/USD
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newbegger replied Dec 16, 2016If you have not closed up shop for the year, now is the time. Hated + trading = loss. And forget about the "revenge"trade or the "I'm bigger than the market" trade. Most times, you will lose. Best to keep account alive for next year. The USD is ...
AUD/USD
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newbegger replied Dec 5, 2016I like strong moves in my direction but it is not even resting much less retracing. I sense this may be a pump and dump to the upside (like Nov 30 pump and dump to the downside.) Probably lot's of stops at the 7500, maybe some shorts. Hopefully it ...
AUD/USD
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newbegger replied Dec 5, 2016Oh, forgot to tell you something, Paul. If you like to draw fibs in reverse and don't want the new traders to laugh at you, just rename them so the newly formed experts cannot deflect.
AUD/USD
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newbegger replied Dec 5, 2016[quote=PaulDaemon;9314075] Not sure if it will but I have sell limits set up at .7550 and .76000 50% and 61.8% fib retracement.[/quot I am liking those same levels you are calling for reversing. I am long again as cycle work tells me best bet is ...
AUD/USD
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newbegger replied Dec 2, 2016i recall a EW technician friend in AOL chat room who was using it to predict with accuracy, the rise and fall of the tech stocks in the '90's. He was very close. I personally don't like EW because there is always the alternate count, which is ...
AUD/USD
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newbegger replied Dec 2, 2016jfrancis has been predictive down on AUDUSD. Last 2 days are up days. I predict we won't see him until we get some down candles next week.
AUD/USD
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newbegger replied Nov 29, 2016I missed the post you did 10 months ago for USD Index. Would you be kind enough to post a count on AUDUSD for next few months (maybe for the whole of 2017) so we all can have a map to follow. Please include both time and price on the charts so we ...
AUD/USD
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newbegger replied Nov 28, 2016And I could come back and say Elliot Wave too subjective, you cannot predict the market's next move. That is how I read your post to ell3, as my way is only way and you are wrong if you don't use EW. I can say with all seriousness that trying to ...
AUD/USD
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newbegger replied Nov 28, 2016You did miss it. Read this post url That was the start as far as I care to explore. Seems like ell3 was just making comment about what he/she is watching and jfrancis gave HIS opinion on ell3 trading method. It does seem rather arrogant to assume ...
AUD/USD
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newbegger replied Nov 23, 2016This is time of year for BOJ to manipulate currency lower. Holiday thrusts during low volume are the earmark of intervention. Stay long or out until we get into the 114.40-116.00 range
USD/JPY Discussion
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newbegger replied Nov 23, 2016In parabolic moves like this, wait until everyone is yelling "SELL" before you attempt longs. I see way too many retail traders buying or indicating long bias. Sure sign it's still going lower or sideways at best. This is when you either sit on your ...
EURUSD
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newbegger replied Nov 23, 2016There it goes. Rejected. Turn around now invalidated. Even if the FOMC says pause after the December 14 rate hike, the New Year USD rally will drive this thing back down. Big move today, wait for a pull back if not short already. If short, keep ...
EURUSD
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newbegger replied Nov 21, 2016Looks like a turn. Williams %R is popping above -75, a short week for US and traders pulling up their shorts to cover, railroad tracks (or dark cloud cover?) on the candles, and market appears exhausted.
EURUSD
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newbegger commented Nov 18, 2016I found trading very difficult until I stopped "THINKING". Once I stopped thinking what should happen, my mind was free to look at what WAS happening. I call my system brainless trading, lol.
Yellen: The Economic Outlook
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newbegger commented Nov 18, 2016Debt does not matter, economy does not matter, productivity does not matter. The only thing that matters is what the market thinks is the value of the USD. Right USD is more valuable than any other currency.
Yellen: The Economic Outlook
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newbegger commented Nov 17, 2016This article states the obvious from new trader's perspective. The seasoned trader knows rate hike already priced in so a no-go would actually cause a crash and a rate hike is a non-event.
Here’s one reason why the Fed might not hike interest rates in December
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newbegger commented Nov 17, 2016Text of the testimony due to be released 120 minutes earlier than the speaking time listed
Yellen: The Economic Outlook