If you agree that the downtrend is over, you can do the following: -Put on a very low risk trade to the long side.If you used to put 1 lot per trade, change it to maybe 0.5 lots -Put an extra wide stop loss. REason: -If market goes up, you make some ...

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My guess it it will go up. But most are right, I expect to see a short retrace, maybe about 100 pips or so then resume an uptrend. But we will see Either way, downtrend is over as far as i'm concerned. It broke so many trendlines, resistances and ...

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wow that is some wicked software. Does it require an internet connection to run? Also do you know how far back do data feeds go? Or how recent for that matter.

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I do not dispute robots. In fact, one day I hope that my trading style can be converted into a robot so that I don't have to do anything. However, to make a robot that is successful, you need to come up with a list of very well defined rules. So ...

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I'm sure they do. But I'm also sure that they are trading with a more safe strategy. Enter later, make less. But still make. Again, we never know what their strategy is so its hard to comment concretely. But just so you know, if you read the turtle ...

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Prices already peirced 1.3400. Now all that remains is a close above this level and I can safely say the trend belongs to the bulls.

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Lol sorry, 3400 it was a typo. Honest >_<

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the only thing i can see stopping this bull run is 1.4000. If we ever close above that, it is going to be a bull run for a while. Once prices reach this far away, it is no longer a retrace. It is a reversal. At least on 1h tf like what I'm observing.

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Ladies and gentlemen, We have a higher low and a higher high. We have also closed above the support line. It is bull day for the rest of the day. IMO.

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Unfortunately I have no idea what it is. Sorry.

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That is some srs long bull candle on the gbp. But lacking some volume... Too little for my liking. Its not over till the end of this hour.

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I have ignored his comment already. I presented a challenge to his claim and not only did he give a crappy answer, I felt a whiff of arrogance in his posts. Even someone like sky still gives some good arguments at times.

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How do you know that? All my signals are telling me that there is a bull rally right now (no matter how short the tf). We made new highs last night and no new lows since then. At the moment you and I are guessing which way it will go. It could be up ...

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quiet day

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Morning guys. Woke up and saw that I didn't give back all my profits that I made this week. Back to sleep lol. Beware bernie's speech in an hour or so.

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ok guys. Imma sleep. Gnite all. Morning will tell if I made or lost money.

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Losses are the cost of doing business. You will have to incur it. Otherwise you also limit your potential to go up. Train your mind to allow for cost of doing business.

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Haha thx for the effort. I thought it was an indicator. That's why I wanted it. But thx anyway.

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the ones that say high high, lower low, lower high, higher low

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Hey coke, thats a cool indicator you have there. Can you share it?

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