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RedCabbage replied May 14, 2009Happy Birthday! — That deserves a image and a image and a image
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RedCabbage replied May 13, 2009There is often a difference in sentiment between the sessions. Think of it this way, the NY traders came to their screens yesterday and said wow GBPUSD is really high, what a great place to sell from! Similarly London open can bring a lot of new ...
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RedCabbage replied May 13, 2009This reaction is why it is worth keeping an eye on what is coming up.
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RedCabbage replied May 13, 2009GBPUSD — I'm looking into it. So far I see 15374 is daily R and it is also at the top of the current rising channel. GBP Inflation report is in 3hrs so take that into consideration. One possiblility is a double top at the 4hr GMTclose and a ...
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RedCabbage replied May 12, 2009EURJPY — My 4hr support target of 13144 was just missed but still this has been a great 200 pip move today with my second half picking up 179 to go with the first half's +50. I'll be off to do something else for the rest of the day now.
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RedCabbage replied May 12, 2009EURJPY — Wrong! nice bit of risk aversion from the NY session sees the second half of my trade well up.
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RedCabbage replied May 12, 2009That's not what they told me in Boston! It seems we upset a few people
Anyway I assume you know about searching for 'French Military Victories' on Google and clicking 'I'm feeling lucky'No Brainer Trades
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RedCabbage replied May 12, 2009wehey At these rates us Brits might even become US tourists again!
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RedCabbage replied May 12, 2009We could do with a few more 'live' posters chipping in.
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RedCabbage replied May 12, 2009The phrase is: - Never let a winner turn into a loser This doesn't mean never having any drawdown but to me it means having a strict stop to b/e rule that still allows the trade room to breathe while keeping my risk as low as possible.
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RedCabbage replied May 12, 2009EURJPY — Now +50pips - all safe from here. Update: - Too much traffic for this to be a runner, price is bouncing off a minor TL and is trying to form a new channel.
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RedCabbage replied May 12, 2009This sort of counter trend push just before London open is the sort of think I look for to start my day. However I like to see a push toward established s/r, this was not so clear. A good trade to be in to begin the session though!
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RedCabbage replied May 12, 2009Good Morning Does anyone want to talk levels today? I don't see any of my favourite London openers setting up so I'll carry on sorting my charts out and look what the GMT 4hr close might serve up.
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RedCabbage replied May 11, 2009NZDUSD — Heads up for 5981 in NZDUSD. Obviously watch AUDUSD when NZD hits this price too. Look out for BIG AUD news at 10-30am GMT+1 tomorrow though.
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RedCabbage replied May 11, 2009I'm a big fan of selling whatever they push up just before London open e.g. EURJPY EURUSD GBPUSD today. Looks like this may well help me with that. Edited to add: - I shorted EURUSD at the best price I could get (13643) before London open. Based on ...
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RedCabbage replied May 8, 2009Good Morning It is NFP day so I will be looking at what I can get in the first part of London session. Looking at yesterday and US ADP figures earlier in the week, todays news could give us just about any reaction you care to mention.
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RedCabbage replied May 7, 2009Can we cut/paste this post for future use, it is the perfect reply.
Then make ready the NBT Catapult!No Brainer Trades