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pearsonfx replied Apr 17, 2008GBP/JPY — IF GBP/JPY decides to sell off first I will be closing the buy and going short again. This is why its low $$ per pip Zack
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pearsonfx replied Apr 17, 2008GBP/JPY — Taking profit on G/J short at 204.20 I am long with low $$ per pip with a target of 204.50 I will be reselling from 204.50-205.00 This makes more sense if I have the euro falling for the first part of tonight, Also, 30 minute and 1 ...
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pearsonfx replied Apr 17, 2008Sorry to hear that...Euro about to break out of a pattern
missing out on some pips...jk jk ZackPearsonFX Trades
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pearsonfx replied Apr 17, 2008GBP/JPY Targets — 201.69 201.04 200.88 200.45 By Market Close we should have one if not all of those reached Zack
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pearsonfx replied Apr 17, 2008EUR/USD — Pending order Buy Stop at 1.5915 - NO TARGET Pending Sell Stop 1.5885 - Target 1.5835 Zack
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pearsonfx replied Apr 17, 2008Good Day Everyone one.... Time for the Pre-Show updates... As I told you all...GBP/USD if it broke out of the descending wedge it would rise very fast.....could have gotten 100 pips on that alone today. As for G/J, our shorts are still in ...
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pearsonfx replied Apr 17, 2008I Short on GBP/USD USE A STOPLOSS FOR GBP/USD...IF it breaks out of this wedge it will break out very fast..... I am Short again on GBP/JPY at 202.75
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pearsonfx replied Apr 17, 2008I am out of this trade early at 201.85 for a +75 pip gain I am short at 201.85 and have a pending short at 202.35 Zack
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pearsonfx replied Apr 17, 2008Good excellent. Everyone needs to start somewhere. Let's get you some pips
Do you have any thoughts about the market? Just wondering what you think from a new perspective ZackPearsonFX Trades
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pearsonfx replied Apr 17, 2008GBP/JPY — I am entering a long here at 201.10 PLEASE NOTE THAT I WILL BE ENTERING ANOTHER LONG IF IT DOES HAPPEN TO GO THROUGH THE RETRACE THAT I WAS EXPECTING.... My concern is that the retrace may have been the drop that occurred 30 minutes ...
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pearsonfx replied Apr 17, 2008GBP/JPY — Taking profit on the GBP/JPY Entering for a long trade back up to 202.30 - Sticking with the trend on this one Zack
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pearsonfx replied Apr 17, 2008Eur/Usd — Please use caution on the hedge trade/ stoploss as I do see downside to this pair If you close out the hedge for a minor profit/loss the next one I would use is the 1.5985 mark. This would allow for any spikes that go above ...
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pearsonfx replied Apr 17, 2008Good for you Tom, Patterns can sometimes look condensed like that euro one...however I saw the same thing just recently on usd/jpy and gbp/jpy late last week right before the GE announcement had come out.....wish I could have let you all know about ...
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pearsonfx replied Apr 17, 2008EUR/USD — Ok Everyone....that recent spike after closer observation I don't think that it will affect the sells that we have currently in place. On the 4 hour charts I have a downtrend already established. Giving a sign to continue down. On ...
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pearsonfx replied Apr 17, 2008Eur/Usd — Sorry to keep the suspense, everyone is on the edge of their chairs lol I need to look closer at the sudden rise just before the london markets opened to see if that is going to have a significant impact or not... As of right ...
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pearsonfx replied Apr 17, 2008GBP/JPY — Here are the 1 and 4 hour outlooks on GBP/JPY Although we are scalping short....I want everyone to be aware that it is possible for us to bounce off the trendline and jump straight to our long target of 202.30...if that occurs first ...
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pearsonfx replied Apr 17, 2008I didn't consider those three levels part of a triple top....a triple top is a bearish reversal signal...I considered it a wedge or pennant of sorts....because of the way it was formed it looked very much like a bullish continuation pattern. But, I ...
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pearsonfx replied Apr 17, 2008Thanks Titan I appreciate it....I am here, I will post things that I feel are important if theres a question post it on here and I will answer when I can. Of course I don't want to spend all day sitting in front of the screen, but I do spend a fair ...
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pearsonfx replied Apr 16, 2008EUR/USD — Here is a Chart of EUR/USD that I quickly threw together via an IM request... Price initially broke the head and shoulders on the 1 hour which was the sell off we saw occur when the asian session started. 30 minute timeframe ...
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