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- Rgali1 replied Mar 24, 2010
Although many of you think a retrace in inevitable and most of the time it is but I really caution you as it could keep falling and not look back for many more pips to come.
EURUSD
- Rgali1 replied Mar 24, 2010
Yes SCL saw that today. On the Euro/USD pair this method would have lost you a bunch of pips as it triggered an open position and hit the SL of both the pending buy and the sell. So how do we void days like this? This is a big loss for those that ...
7am-9am Big Dog USD Breakout Strategy
- Rgali1 replied Mar 18, 2010
AHH yes this is the story of my forex life...which one is the right chart lol.
EURUSD
- Rgali1 replied Mar 18, 2010
I know what you mean. Although I still have a lot to learn it is this reason why I unfortunately I cant even imagine consistently making a profit at this game and quiting my day job
.EURUSD
- Rgali1 replied Mar 18, 2010
If you have nothing constructive to say dont say it. This is forex nothing is a sure thing.
EURUSD
- Rgali1 replied Mar 18, 2010
WOW Coke isn't that something. Although I am on the bear camp with Gator I can appreciate this very interesting indeed. I'm sure MAL would like it lol.
EURUSD
- Rgali1 replied Mar 18, 2010
SKY-I like reading your posts you seem like a good trader so please don't take my opinion the wrong way its just my opinion. With the E/U bound to go lower and hearing about the Swiss losing money trying to prop up the euro/chf who knows how low it ...
EURUSD
- Rgali1 replied Mar 18, 2010
Man, this has been a bad week for me. I've been booking profits way to early thinking its going to go against me and closing out great position trades where I have bought at the bottom or sold at the top yet my stop losses have been very liberal and ...
EURUSD
- Rgali1 replied Mar 17, 2010
G/u hasnt broken down headed back up....i'd be careful shorting e/u from here...its going up.
EURUSD
- Rgali1 replied Mar 16, 2010
Is pair is just waiting to break out to the up side. It may explode up an min.
EURUSD
- Rgali1 replied Mar 16, 2010
This is the retrace from the resistance line. We bounced off next try we will go through. Anyone going long from here?
Cable Update (GBPUSD)
- Rgali1 replied Mar 16, 2010
Cant win them all...but with a double top I see breaking it is eminent unless it just crashes from here which I think is slim.
Cable Update (GBPUSD)
- Rgali1 replied Mar 16, 2010
This is bound to break the resistance on the next attempt up then probably will drift higher over night. I doubt we will see any real action down untill london open. Now is not the time to short too risky.
Cable Update (GBPUSD)
- Rgali1 replied Mar 16, 2010
Ya good resistance at 1.5050 perhaps then we head back down?
Cable Update (GBPUSD)
- Rgali1 replied Mar 10, 2010
Unless it breaks to the upside! Either way I hope we have direction soon. If we can make newer lows i'll forget about a retracement back to 13850 and up. Maybe the Aussie news will push this pair one way or another tonight?
EURUSD
- Rgali1 replied Mar 10, 2010
If it does indeed come down I wouldnt put it past them to spike it up well past high of today. I suppose we will know in 2 hours what happens
AUD/USD
- Rgali1 replied Mar 10, 2010
Are you guys going to ride out the short for a while to what levels? Or get out before a retracement? Between fib levels S/R levels I have no clue when to get out yet lock in a big part of the trend.
AUD/USD
- Rgali1 replied Mar 10, 2010
I dont go above 1:30 sometimes a bit less. I try for 25 pips in a ranging market. More if it's going one way. I usually just move up my SL and use that as the exit point hoping to get more pips in my direction but it usually gets hit in a ...
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