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Dave.Z replied Sep 9, 2014I didn't dare to short 1.2870 as there was an attempt earlier in the day to break that level and it failed to reach TP level.
As simple as possible: 00 level trading
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Dave.Z replied Sep 9, 2014Yes that's a good idea. Pin bar forming now

As simple as possible: 00 level trading
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Dave.Z replied Sep 9, 2014Udine any thoughts on shorting the EU 1.2860 level? It is a new low after a very long time (possible support point) but it doesn't violate any of the rules.
As simple as possible: 00 level trading
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Dave.Z replied Sep 9, 2014Based on what Udine stated the rejection of the DO trumped sync. Personally I think that while sync matters - fundamental analysis is now showing the EUR downtrending with JPY trending even lower than EUR. Traders are taking their money out of JPY ...
As simple as possible: 00 level trading
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Dave.Z replied Sep 9, 2014Cool beans, I shall do that then, while playing Kingdom Rush on another screen

As simple as possible: 00 level trading
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Dave.Z replied Sep 9, 2014Here you go! Manually closing the trade of the AU was a good idea in the end /phew
As simple as possible: 00 level trading
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Dave.Z replied Sep 9, 2014Yes well, the arrow points are in my description lol. I tried dragging the trade to the box, but the arrows are not appearing properly (like only one appears). May be something to do with my indicators.
As simple as possible: 00 level trading
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Dave.Z replied Sep 9, 2014Based on your rules / advice - I should call it a day after 2 wins?
It feels wrong working 1.5 hrs per day though 
As simple as possible: 00 level trading
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Dave.Z replied Sep 9, 2014AU short (+4) 0.9260 - manually closed trade as I did not want to hit TS (there was some fluctuations) It hit 0.92552 =_= Basically a mirror of my EU trade above but less volatility
As simple as possible: 00 level trading
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Dave.Z replied Sep 9, 2014EU +5 (1.2880 short) London open hour A bit risky since it was against H4 candle, but strong reversal signal from the retracement.
As simple as possible: 00 level trading
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Dave.Z replied Sep 9, 2014Good day everyone! Looks like it was a good idea to skip Monday trading
Besides the usual low volatility, previous backtesting gave a lot of SL hits. Hope today goes better. Edit: Frankfurt open looks like a non-starter. Plenty of pairs with ...As simple as possible: 00 level trading
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Dave.Z replied Sep 5, 2014Yes lol. I think I'm going to keep off scalping today again and hopefully snag 20 pips later at the NFP (=4 wins? hehe).
As simple as possible: 00 level trading
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Dave.Z replied Sep 5, 2014Good day everyone. Looks like another boring and slow non-pharm Friday.
As simple as possible: 00 level trading
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Dave.Z replied Sep 4, 2014I have been trying to look at the PA at M1, M5 and M15 for this trade and I couldn't find a high probability signal that would warrant a buy though. None of the candlestick formations were strong enough. Also prior hours had shown the price break ...
As simple as possible: 00 level trading
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Dave.Z replied Sep 4, 2014Might be caused by everyone selling EUR and buying USD? There is correlation between CHF and EUR as I recall. Maybe some of the experts could clarify this point

As simple as possible: 00 level trading
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Dave.Z replied Sep 4, 2014Lol if you were doing it without knowledge of the news, burpees for you hehe
As simple as possible: 00 level trading
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Dave.Z replied Sep 4, 2014Hmm... sometimes I wonder why we bother with 5 pips scalping here when there's very low risk news events like these - where either way you would see at least 50 pips movement in either direction. My MT4 actually didn't let me close the trade, had to ...
As simple as possible: 00 level trading
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Dave.Z replied Sep 4, 2014Holy crap just made 80 pips on demo with that news hit... (sorry for OT lol)
As simple as possible: 00 level trading
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Dave.Z replied Sep 4, 2014LOL you took the trade right through the BRN, well done
I don't have the guts for that trade.As simple as possible: 00 level trading
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Dave.Z replied Sep 4, 2014Looks like a dangerous trade as the 00 level was a resistance level earlier in the day. Be careful with those and safe trading!
As simple as possible: 00 level trading