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MrWhipple replied Feb 11, 2009bet you a nickel you get stopped out before you get your target. If you are right on your target, we have a downside breakout and it is off to the races. if you are wrong, we just keep consolidating an hit the 50 fib at 1.3015
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MrWhipple replied Feb 11, 2009In the mean time have fun scalping on the swings up and down. I use candle patterns for signals for tops and bottoms (yo muther) You can pick your own poison.
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MrWhipple replied Feb 11, 2009It is going to trade in this triangle until it is done consolidating then it is going to break out one way or the other. odds are down.
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MrWhipple replied Feb 11, 2009Shorts — Hang on to your shorts boys, we are in for a bumpy ride. note the double top and the resistance and 23.6 fibo broken on the H1
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MrWhipple replied Feb 11, 2009BTW right now we are kinda sideways in a consolidation after a downdraft. We are forming a flag or pennant. Odds are that it will go down because that is what bear flags usually do, but they don't follow strict rules. this thing is like a ticking ...
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MrWhipple replied Feb 11, 2009There are three directions in this game. UP, DOWN, and SIDEWAYS Pick one and be prepared, in your own words to justify your move.
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MrWhipple replied Feb 11, 2009consolidate back up a bit and look at the weekly and you will see today as a flag.
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MrWhipple replied Feb 11, 2009Your post got me thinking to myself... Self? are we in an up trend or a down trend. After a cursory glance I would shout DOWN. but then I got to looking. We had a double (or triple) bottom (yo muther) back in 20 oct- 20 nov. Now it is a whole new ...
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MrWhipple replied Feb 11, 2009no duh! Who could have seen that coming. sorry dude. I am not kidding, go to babypips.com and click on school and do k to 12 then do it again and again. Then try a demo account for 6 months. We all did this. I still do it from time to time. I am not ...
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MrWhipple replied Feb 10, 2009I think we just got 2 Mondays and a Thursday on a Tuesday. I'm pulling my orders and taking a nappy. (that is speepy time for you Brit types [but I have been known to use a nappy at times]) Looks like Yakik is right we are in for some channel ...
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MrWhipple replied Feb 10, 2009I don't see a clear break one way or the other. I have an order on BOTH sides for now.
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MrWhipple replied Feb 10, 2009Or it might just be a bear flag waiting to consolidate for a new downdraft.
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MrWhipple replied Feb 10, 2009another good way to tell is to look at the number of posts they have and to see if they have more than a v4 next to their name. That is how many good traiders have vouched for them.
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MrWhipple replied Feb 10, 2009Sure you can. You can buy any time you want. just push the button. What I want to know is what would you base a buy decision ON right now? Now that would make some fun reading.
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MrWhipple replied Feb 10, 2009I just got filled going short. So I made my money for the week.
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