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shiko replied Oct 27, 2009I decided to stop this time. Yesterday made 2 trades total 30 pips. then when market fell I entered long and lost daily gain. so, decided to be a little smarter today

No Brainer Trades
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shiko replied Oct 27, 2009I marked 148.13 too, but did not take it. day looked like yesterday . downtrend after bad news and fundamental one. here are my triggers. Shorted G/U once at 1.6400 for 30 pips and that it is. the rest were break out trades on E/U at 148.50. and E/J ...
No Brainer Trades
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shiko replied Oct 26, 2009Nope. it is because people who place big orders can see in the past horizontals
BTW, horizontals is what this thread is all about 
No Brainer Trades
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shiko replied Oct 26, 2009I think there might be some potential at 1.6365 to go short. may be 20-30 pips. It looks like price found there near term resistance.
No Brainer Trades
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shiko replied Oct 26, 2009the trade gave 50 pips. I picked 15. target was 20. not good.
No Brainer Trades
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shiko replied Oct 26, 2009target for long scalp for 20 pips at 1.6241-1.6230 G/U E/J targets : short: 138.53-138.68 E/J long: 137.43-137.39 My heart is bleeding seeing how right I am and how little I pick. 20 pips would ok for me though. I am trading 1:1 leverage. 30 pips ...
No Brainer Trades
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shiko replied Oct 26, 2009just made a scalp of 1.6327 support turned resistance. goal was 20 pips with stop of 30 pips. price hit 3 pips away from my target 3 times, so closed it at +15 pips. it hit take profit though in a minute. wow. it went lower than my take profit. need ...
No Brainer Trades
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shiko replied Oct 26, 2009well, I prefer horizontals. they work for me. I do use trend lines but only when they are broken.
No Brainer Trades
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shiko replied Oct 25, 2009Those lines look beautiful. The only thing is what time frame it is? I would further reduce the chart and look for bigger picture.
No Brainer Trades
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shiko replied Oct 23, 2009I think it is too risky. Who knows how things will go. I prefer to wait a little bit and see as to where it will go. Trend line is clearly broken on 4H, but it still might test it. this GBP/JPY is a beast. I remember it going 250 pips in just few ...
No Brainer Trades
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shiko replied Oct 23, 2009I know, but meanwhile seeing every day me letting trades I set go by. I am making calculations and it looks like I should make 2-4% weekly with 1:1 leverage by taking just 20 pips. was long on E/U today. again same thing. took 12, it went 50. But ...
No Brainer Trades
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shiko replied Oct 23, 2009It is ridiculous actually. I set 3 trades. took 1. all 3 made money. damn, I used to be really trigger happy. I leave too much on the table.
No Brainer Trades
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shiko replied Oct 23, 2009I did. I was trading this new testing $100 account. i call it box account... now, can you say R:R?
It is already 8:1. pity I did not set short order on GBP/USD. it would have been 10:1. felt messed up between managing 2 pairs. I have to admit, it ...4H Banker Buster
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shiko replied Oct 23, 2009trend line is definitely broken. today US news are coming. will be interesting to watch where all this will push the pair. Some scenario for long and short. As we see line broken and break out zone coincide with 1.6586-1.6591 price for going short. ...
No Brainer Trades