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Piitb replied Apr 16, 2008Hindsight is 20-20. I would have loved to let this one develop a little better, but like i said I was on a 15 minute breakfast break and saw the trade and took it. This is what happened!!
Scalping the pip out of it
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Piitb replied Apr 16, 2008One important thing — A lot of what this market consists of is an ability to follow trends. Duh! The reason that I use the indicators that I use is that they are the only ones( and i have seen my share of systems!) that let me get in after ...
Scalping the pip out of it
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Piitb replied Apr 16, 200862% FIB is definitely the better fib to take a move off of because the swing that brought it that far has exhausted price action more. That means more likely of a bounce . Also You risk is less because the 62 % is closer to previous lows. I know ...
Scalping the pip out of it
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Piitb replied Apr 16, 2008Good for a quick pip. I made 10. Entered exactly at the fib and exited when it started to stutter. I am only on a 15 min breakfast break or I might have trailed it a little.

Scalping the pip out of it
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Piitb replied Apr 16, 2008Here is my first one of the day. I am already up on this one too.

Scalping the pip out of it
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Piitb replied Apr 15, 2008Man!!! why did you have to go and blow my cover? hehe. It was good to hear from you too jon!
Scalping the pip out of it
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Piitb replied Apr 15, 2008So we are clear I am talking about 16055 not the price at the top
Scalping the pip out of it
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Piitb replied Apr 15, 2008Could have should have would have Didnt
hehe. its ok we will get em next time
:Scalping the pip out of it
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Piitb replied Apr 15, 2008Just perfect — It really just doesnt get any better than this for a scalp. I saw this as I was right out the door for dinner and now I am kicking myself for not taking it. Anybody think they see why this is a good trade?
Scalping the pip out of it
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Piitb replied Apr 15, 2008Any Possibility of a screenshot of a small scalp??
Scalping the pip out of it
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Piitb replied Apr 15, 2008Wow! this thing jumps a lot. Pretty range bound a lot of the time. Doesnt really like up with my stoch and rsi 5 min. too fast for my indis. Do you have any techniques that you like with this pair?
Scalping the pip out of it
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Piitb replied Apr 15, 2008Funny you should ask that. I was just checking out the Eur/Gbp for the first time really. I was trying to get a feeling for the major disparity between the GJ and the EJ. I havent tried scalping this pair yet but it looks pretty trendy. I might give ...
Scalping the pip out of it
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Piitb replied Apr 15, 2008Even though I have overlapping Fibs. And my 5 min trigger setup. I stay out cause of price engaging central pivot. It is just a good idea to stay away from crucial places in the market.
Scalping the pip out of it
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Piitb replied Apr 15, 2008There is a case to be made for price rejection right now on the GJ. I have classic setup with my lower TFs stoch and rsi. I am NOT going to take the trade though. Becasue price is penetrating the main pivot. If it closes it means trend continuation. ...
Scalping the pip out of it
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Piitb replied Apr 15, 2008I think you are absolutely right!. The only reason that I covered was becuse it hit my first Fib level. I prolly should have moved my stop to breakeven. Nice point.

Scalping the pip out of it
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Piitb replied Apr 15, 2008I was out of the office for about an hour so I missed this one, But this is exactly What I am looking for. Multiple fibs. Previous highs. Stoch and Rsi tag team. We are in an uptrend so go with it. Because it is hitting fibs I do not need to put a ...
Scalping the pip out of it
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Piitb replied Apr 15, 2008Special announcement!!!! If anyone wants to post a trade they have taken on any currency, I will analyze it and give you feedback. I might not be the best trader in the world, but the point of a forum like FF is so you can grow and learn. Post a ...
Scalping the pip out of it
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Piitb replied Apr 15, 2008Is anyone having any problem seeing my chart attachments? You can double click and blow them up.
Scalping the pip out of it