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phoebus replied Sep 2, 2013this demonstrates that channels are very important, you just cannot ignore them. I have a book to recommend and it is cheap: "Channel Surfing" by Michael J. Parsons.
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phoebus replied Sep 2, 2013I wonder why the up move stopped at the pink trendline. the two pink lines are parallel, forming a channel. The two yellow line are also parallel, forming the big channel. It must be algos, playing us humans.
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phoebus replied Sep 2, 2013why do they have to follow trendline? are they algos or human? image
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phoebus replied Sep 2, 2013im holding aussie long. looks like it is going to give me some nice profits. image
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phoebus replied Sep 2, 2013this chart tells me that if the gap aka crack caps the up move of GJ, then either yen has limited depreciation or gbp has limited up move. better close my cable long soon.
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phoebus replied Sep 2, 2013yup, i still remember those round apples. very delicious for a bite
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phoebus replied Sep 2, 2013do not need a magnifying glass to find the Y and V, especially for dinner there
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phoebus replied Sep 2, 2013still holding my aussie longs, banked some already, will reload at lower price. holding a small cable long also, sl @ BE now.
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phoebus replied Sep 2, 2013kiwi is a good trader, but at the same time, an astrologist. he looks at the moon phase to plan his trades.
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