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pawpaw1000 replied Jan 8, 2014More volume better spreads? lol I can make 15 Losers and 1 winner and I have favourable traders equation...
Cable Update (GBPUSD)
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pawpaw1000 replied Jan 8, 2014Honestly, I can't say for sure and things do look awfully bearish now that 3591 is gone but I still have 3545 and this whole area in between should give us support. I'll keep looking long until we see 3530

EURUSD
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pawpaw1000 replied Jan 8, 2014I know this move looks really big on your chart but we've only been going 50 pips from the very top... yesterdays spike got bought for 40 pips... Still can't be calling 100 pips move when market only fell like 20 pips yesterday
EURUSD
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pawpaw1000 replied Jan 8, 2014Proves once again, get out as soon as your premise for entering is gone. Sure there were many longs who just got smashed. Thats why you need smaller spread to be able to get in and out on smaller TF's?
EURUSD
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pawpaw1000 replied Jan 8, 2014Interesting analysis, thanks for the input
3591 is still the line in the sand for me EDIT: Medium news coming out and the bears are perhaps hoping to use that to break bottom, thats the reason why we are hovering down here?EURUSD
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pawpaw1000 replied Jan 8, 2014Ever heard of a bull flag? Every move gets killed by the bears until it doesn't... Also look at the thrusts up on 6 and 7 january, higher low? Today also possibly higher low? Market has a tendancy to keep doing what it has been doing... Not saying ...
EURUSD
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pawpaw1000 replied Jan 8, 2014Yes, think he gets out on down waves... Watching PA, looking to perhaps sell... EDIT: Waiting for news I guess? Disappointing PA so far :-D
Cable Update (GBPUSD)
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pawpaw1000 replied Jan 8, 2014I agree, but perhaps he has found a way to make it work for him? If you buy in small lots only overbought on Weekly/ daily you can definately make it work... Think it was in Market wizards that I read about a trader that shorts the market even while ...
Cable Update (GBPUSD)
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pawpaw1000 replied Jan 8, 2014Why didn't you get out when you saw the market falling? Remember, we are in a H1 range and so it should be Buy Low and Sell High... EDIT: If we break yesterdays low, you could find yourself in BIG trouble...
EURUSD
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pawpaw1000 replied Jan 8, 2014Well, on M30 you can see the bottoms of those candles at the bottom of range have been very well protected and scaling down to even smaller TF you might see patterns. I'm looking for top of range but 3616 and 3621 are crucial... IF we break the ...
EURUSD