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NwFXenthsist replied Dec 21, 2008can a broker intentionally knock you out of a position if they wanted too? jw im still learning everything about the forex industry. and if so, what would the motive to do so? any thoughts on this? thanks in advance
Did i get stop hunted?
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NwFXenthsist replied Dec 19, 2008yeah i ran two fib sequences one from the high at 1.6038 area on july 15th down to the recent low of 1.2329. and the other one mentioned in the post. if you run those on a daily chart and then just extend them to the end of the chart. then you can ...
EURUSD
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NwFXenthsist replied Dec 19, 2008yeah i wouldnt necessarily say that. fibs can be used to see "potential" hidden levels of support and resistance. yeah ive checked out investopedia in the past, and it does have some good stuff. thanks
EURUSD
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NwFXenthsist replied Dec 19, 2008hello. they could be speaking about the 55 hour SMA. it comes in right around that area. EDIT: using fibs if you run it from the 1.4866 on sept 22, to the low at 1.2329 area on oct 27. the .786 retracement comes in at around 1.4323. hope this helps.
EURUSD
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NwFXenthsist replied Dec 18, 2008haha yes i agree with you, it was probably a little fast and i got hit fairly rough in the beginning. the psychology behind using real money was something i did not prepare for unfortuantely. but i learned and ive been trying my best to take emotion ...
EURUSD
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NwFXenthsist replied Dec 18, 2008Hey everyone just wanted to say whats up and intro myself a little. ive been readiing through the forums over the past 6 months and there is a lot of great info on here! thank you to all that have contributed to that. ive been trading forex for ...
EURUSD