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FXCapitalist replied May 15, 2008Another note — Ignore the news, It is just a discrepancy within the entire trend. All the confirmations are there on my chart it is almost undeniable that the euro is in a bullish stance. Hidden bullish divergence, consolidation + slight ...
EURUSD
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FXCapitalist replied May 15, 2008Another tip — Look at my chart, when the candle opens above the 75% confirmation level that is a bullish signal.
EURUSD
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FXCapitalist replied May 15, 2008That's the best ... — Leading indicator you can get other than price itself. If I were you I'd go long just to help the cause.
EURUSD
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FXCapitalist replied May 15, 2008Here's some visual aids — To help plan your euro conquests. Enjoy.
EURUSD
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FXCapitalist replied May 15, 2008For you break out kids — Heads up Hidden bullish divergence h4 charts 5/12 low connected to 5/14 higher low corresponding P14 RSI on those candles show lower lows not by much but at that time frame it's very significant. Look at it for ...
EURUSD
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FXCapitalist replied May 15, 2008Keep it simple — May I reccomend a 14 period RSI. with a 50 center line. There you will find all the divergence you need. You gotta keep it simple kid. And BTW h4 charts and up. D1 charts are possibly the most reliable. entering on those ...
Divergence trading
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FXCapitalist replied May 15, 2008live results — CAD/JPY +3 USD/JPY +30 USD/CHF +40 GBP/USD +12 0120am
No Brainer Trades
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FXCapitalist replied May 15, 2008No brainer Momentum — Any pair ride the gunning of stops, enter 10 pips before a double 00 number TP 10 pips to 20 pips above it. Watch momentum and Reverse back down under the double 00. Takes practice but it works. 15 pip stop can gain 30. ...
No Brainer Trades
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FXCapitalist replied May 15, 2008Divergence in Cable — Ranging from 5/9 - 5/12 H4 candles 5/9 low = 1.9456 to 5/12 low 1.9441 14PRSI divergence 33.281 and 35.451 respectively it was a short hidden divergence really hidden you wouldn't spot it if you were just scanning it. GBP ...
The FXCapitalists Trading Logs
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FXCapitalist replied May 15, 2008Like I said pull back and retrace — Update FX open 51508 0001 AM PST S CAD/JPY +5 target @ 103.65 - 102.50 S USD/JPY +40 target @104.20 - 103.85 S USD/CHF +72 target @ 1.0467 -1.0390 B GBP/USD +10 target @ 1.9630 -1.9707 more updates later if ...
The FXCapitalists Trading Logs
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FXCapitalist replied May 15, 2008Music for trading — Currently listening to Beethoven - Symphony No9 OP. 129
The FXCapitalists Trading Logs
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FXCapitalist replied May 15, 200851408 update — Long time no write current positions 2357pst pre europe open S C/J -7 S U/J +31 S U/CHF +52 B G/U -6 Just experiencing retracements before FX picks up in Europe. more later. nite.
The FXCapitalists Trading Logs
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FXCapitalist replied May 15, 2008bloomberg — Bloomberg FTW for news At least they have more focus on currencies. Thomson Reuters MSPROFX trading station for currencies hands down. We all have our reasons. Bloomberg terminal is pretty much for status quo the data service is ...
POLL. Bloomberg or CNBC?
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FXCapitalist replied May 15, 2008Divergence — Hmm Divergences I trade it and look for it on almost every trade I do Normal, hidden and a combination chain of pair correlation and divergences between pairs and their crosses thats a more complex theory and I dont have time to ...
Hidden Divergence
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FXCapitalist replied May 10, 2008If you step back and look... — Technical Analysis is a beautiful work of art on your monitor arrays, very lovely. A great painting of the market at the time and your drawn fibonaccis, gann fans, trend lines, MA's, EMA's, DiNapolis, Bollinger ...
Technical Analysis Fallacy
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FXCapitalist replied May 10, 2008As you can see I don't have many posts unless I feel I have to. Usually when I do it's when I have to speak my mind. I dont like recommending things giving advice and/or strategies because I dont need to divulge much of anything. Trying not to ...
Forex Scam
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FXCapitalist replied May 10, 2008the market can be beat. its just that most who do over do it so they end up surrendering their gains. all greed all emotion. it's all displayed on the charts. I bet some of you folks sit and look at the charts no trading and seeing the market moves ...
Forex Scam
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FXCapitalist replied May 10, 2008Money can be made — All this is just noise money can be made in FX. The ones that do usually don't need to talk about it. Everything is noise. Learn to filter it out. All these strategies techniques etc backtests are all noise. And this is why ...
Forex Scam
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FXCapitalist replied May 4, 2008Hope — There is no hope in the markets especially in the forex, it's the most lethal and deadliest capital market out there, the only thing you can hope for is death to your account when you throw that worthless word in your vocabulary and ...
Technical Analysis Fallacy