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ForExtraPips commented Apr 5, 2012I agree. That is one hard consolidating going on right now.
EURUSD: Trading the U.S. Non-Farm Payrolls Report
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ForExtraPips replied Apr 5, 2012It's funny that you mentioned that. As I'm checking out the CADJPY right now. And something tells me, no matter how the NFP turns out, that is the pair to go long on.
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ForExtraPips replied Apr 5, 2012Five minutes after London opens should really tells us where this goes.
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ForExtraPips replied Apr 5, 2012What do you say? X marks the spot. If price stays above the trendline, a good sign we go up, if it breaks it, then forget it?
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ForExtraPips replied Apr 5, 2012Now I lay me down to sleep, I pray the Lord the pips I keep....... Good night. And GL.
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ForExtraPips replied Apr 5, 2012I wonder how many weak longs just got wiped out when they went a hunting?
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ForExtraPips replied Apr 5, 2012Good old trendlines. The "trend" really is your friend. Now look at what price is doing. London looks interesting.
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ForExtraPips replied Apr 5, 2012Right. Higher time frames = more pips. I need to start looking at the weekly and trading off of the daily. And whenever I see a green weekly candle, then only trade whenever I see a green daily. Then there will be more momentum going for me. And ...
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ForExtraPips replied Apr 5, 2012Also, whenever I get home from work, I'll draw a couple of trendlines. One on top, and one on the bottom. Then I wait for the break, and go from there. Which is why I knew when and where it would break out, by using the crosshair on my chart.
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ForExtraPips replied Apr 5, 2012Look at this chart and see where the high was before the fall, then where the low was after the fall. Add the high and the low, then divide it by two, and there's your take profit target. And the trendlines are there to reconfirm your convictions. ...
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ForExtraPips replied Apr 4, 2012Mathematics. Price action. 50% retracement. It really works.
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ForExtraPips replied Apr 4, 2012Dang. I just recalculated, and now I'm coming up with it going up to 1.327xx
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ForExtraPips replied Apr 4, 2012I don't trade the news. I trade what I see on the charts. I wish I did trade the news, I would have made a killing yesterday.
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ForExtraPips replied Apr 4, 201240 more minutes, then price should stop teasing us. Then I see it going up to 1.3239, then after NFP, hello 1.3045. When I drink, I think. I went out of town yesterday, two hours before the big move down. You snooze, you lose. Oh, well. Can't catch ...
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ForExtraPips replied Apr 4, 2012Something to do with the law of gravity. It's easier for price to fall than it is to rise.
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