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RedCabbage replied Apr 27, 2009Thanks Smittens, I do use 15m and 5m PA, I guess I'll have to work harder at it!
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RedCabbage replied Apr 27, 2009Very nice call, especially considering the market conditions on Friday.
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RedCabbage replied Apr 24, 2009USDCAD — +30 Silly session now so I'm off to do something else.
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RedCabbage replied Apr 24, 2009EURUSD Double Tap — Billy Ray When EURUSD came off 13269 I considered my entry missed. Do you have a method for deciding whether a level is still valid so that if we get a revisit in a short time, as has occurred here, you still have ...
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RedCabbage replied Apr 24, 2009USDCAD — Entry around 12180 closed at b/e no market concensus. Now having a look from back of the range - s/l at b/e again.
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RedCabbage replied Apr 24, 2009AUDJPY 6900 looked for a reversal at London open - didn't take it and it made 80+. AUDUSD 7192 only yielded +30 EURUSD 13269 missed it USDCAD 12179 closed at b/e USDCHF 11449 -50 went against the news USDJPY 9658 +30
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RedCabbage replied Apr 24, 2009The 80ish pip reaction fromm 13089 will have reduced the number of sellers at the next level. A full explanation is in BRV's pdf which can be accessed from post 1.
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RedCabbage replied Apr 23, 2009EURUSD — I think that is the key, the recent reaction from 13089 means a strong reaction from the next level of resistance is unlikely. Maybe more importantly looking up to the 4hr TF the last reaction at 13112 was too long ago and there are ...
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RedCabbage replied Apr 23, 2009USDCHF — Here we are. BRV likes 11521 which is right in the middle of this range but watch the time of day, volumes are low.
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RedCabbage replied Apr 23, 2009I go +/-10, sometimes up to 15 on more ambiguous levels to allow for price turning early and my brokers spread. Be aware of how this shortens your stop loss though and make the adjustment within your RR and MM.
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RedCabbage replied Apr 23, 2009EURUSD — Turned out nice again! These levels were always going to come in to play at some point.
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RedCabbage replied Apr 23, 2009Thanks BRV. A nice to have the core elements of Trading In The Zone in a video. Shame it has to be on Spoonfeed TV!
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RedCabbage replied Apr 22, 2009UK Budget — Just watch out for reactions to the much anticipated UK Budget which starts in just under 2 hours.
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RedCabbage replied Apr 21, 2009USDCHF — And another: - 11547- 11500 RBS TF 00 50 R S TL
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RedCabbage replied Apr 21, 2009USDCAD — One to note for another day 12180-12152 RBS TF 61 R S In the short term watch: - 12300 RBS TF 00 38 TL
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RedCabbage replied Apr 21, 2009Another very powerful confirmation tool to add to the list, it gives us an indication of market concensus again even if you aren't a Gartley user. All the Gartley traders will be going long where I want to go long so it should be a good reaction!
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RedCabbage replied Apr 21, 2009Can you post a chart? I have different 4hr closes to you and I am crap at spotting these at the best of times. EDIT - No, I got it - I'm just crap!
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