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Tradingplace replied Jan 10, 20131st target reached on short euraud at +70 pips...SL moved to BE. Aslo 1st trg reached on long audchf at +60 pips....total for this week +130 pips. Short eurusd, still waiting for 1st target, we added on this one, because we were still short from the ...
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Tradingplace replied Jan 9, 2013Short euraud triggered last night, 1st target 2380s
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Tradingplace replied Jan 8, 2013Some pairs are getting closer to trigger some trades..watching them closely now....but still short eurusd and long eurjpy and swissy
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Tradingplace replied Jan 7, 2013A lot of traders are worried about wide stop loss on a trade, but you are a swing trader, you more likely to have a wide SL to give the market room to breath. I wouldn’t look at SL in pips, but as a percent of my account. So if you are risking 1 ...
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Tradingplace replied Jan 7, 2013Gbpusd analysis Price is moving back towards the blue pivot, if it fails to follow through to the downside, we will wait for price to push higher then buy a retest of the pivot. image
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Tradingplace replied Jan 7, 2013All the charts posted last week, the setups are still valid...we are in waiting mode now. Swissy retraced to 9250s as we expected, but we didnt add because is was outside our trading hours. For people who took the trade, we advise to move SL to ...
Pure Price Action Trading
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Tradingplace replied Jan 7, 2013Thanks for the comment. Our risk to reward is 1:3, that is if the trade reaches our final target. Everytime the market moves in our favour, we reduce our risk...so if the 1st target is reached, we move SL for the remaining 2 positions to BE...and ...
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Tradingplace replied Jan 4, 2013Getting late on Friday, dont think we will see anything setting up. 1st week of Jan done...results on url
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Tradingplace replied Jan 4, 2013Lets see if NFP can bring prices to our entry levels
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Tradingplace replied Jan 4, 2013Audchf Analysis We have been bearish this pair since mid december and we took a couple of short trades, we turned bullish when the pair broke the 9520s Support Zone, but failed to follow through...same as eurnzd, we didnt find a good setup to go ...
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Tradingplace replied Jan 4, 2013Gbpaud Analysis Price is more likely to retrace and retest the previous support (blue line)....so we are waiting for the pullback to join in the doen trend...we will be looking for short positions around the blue circle. image
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Tradingplace replied Jan 4, 2013Eurnzd Analysis From mid december, we have been bullish this pair, but when the pair failed to follow through above 6100, we turned bearish, but couldn't find a good setup to take a short postion, now we are waiting for price to retrace back to the ...
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Tradingplace replied Jan 4, 2013Swissy long from 9105...final target at 9315.... I think price is more likely to retrace to 9250s zone before we could see another push higher. Hope there will be an opportunity to add to the long position. image
Pure Price Action Trading