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paulw replied Oct 28, 2011mmmmm.......looking like it could be about to head north.Question is,how long for.??? Not very long I suspect. Wouldn't be surprised if we see 1.0620 before the close today.
AUD/USD
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paulw replied Oct 27, 2011Interestingly,another pair which has also been worth a look is AUD/CAD.In the 4h chart there could be a double top forming.Might be worth shorting.
AUD/USD
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paulw replied Oct 27, 2011Think there's still some mementum here IF we can overcome the next level of resistance over the next few hours.I have my doubts and I expect there'll be scope here for shorts tomorrow. Those who are long on this pair must be remembering the highs of ...
AUD/USD
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paulw replied Oct 27, 2011I'll be taking a short before morning after today's unexpected jump to current levels.However,I doubt the short long lasting one so will TP before the end of the day.It's likely that after the morning session we'll see a slight pullback into the ...
EurAnalysis
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paulw replied Oct 23, 2011“I wouldn’t be holding my breath about the summit this weekend because the second summit coming next Wednesday means we probably won’t get anything concrete,” Eric Viloria, senior currency strategist at Gain Capital Group LLC in New York, said ...
EURUSD
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paulw replied Oct 22, 2011Not sure 1.7 is a target in the near future. I'm inclined to believe it'll be fairly sideways this week and plenty on opportunity for dips and rallies.....as another member has suggested.This will be my strategy also this week although as we all ...
Cable Update (GBPUSD)
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paulw replied Oct 14, 2011Usually I work within 30 minute time frames although just recently during volatile periods I've used 15 minute charts.Just occasionally I'll use 1 hour charts but obviously my preference is for 30 mins. Like any strategy from time to time it can ...
Keeping it simple - MY Strategy
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paulw replied Oct 13, 2011As you correctly pointed out,an opportunity to short on the GBP/USD pair was missed.The reason for this as I remember was a degree of uncertainty on my part (or lack of experience) which meant I decided not to trade on that occasion.With hindsight ...
Keeping it simple - MY Strategy
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paulw replied Oct 10, 2011When I attended one of the seminars I remember a speaker saying that each trader is different and has his/her own style and plan.I believe this is true and the style of trading I use is unique to my daily routine and lifestyle. You made a good point ...
Keeping it simple - MY Strategy
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paulw replied Oct 9, 2011Apologies for any confusion here. I thought by keeping it simple and explaining what I do and looking at the charts I presented,that it would be enough. My stragety I suppose is that I look for volatile pairs on any given day along with other ...
Keeping it simple - MY Strategy
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paulw replied Jul 31, 2011Trading without stop losses is as most would agree......pretty dangerous and a hell of a gamble.It's something most traders learn the hard way quite early on in trading,myself included. If you've earned 4% so far this month then you are doing quite ...
Help for a newbie - should I use stops?
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paulw replied Jul 31, 2011Interesting stuff there and as a newcomer (less than 2 years) to forex it's useful information.However,I can't be sure I myself have experienced such "dodgy" moves with my account........yet. I use a VERY wel known broker *****.com but wonder which ...
How can a broker work against you??
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paulw replied Jul 30, 2011You just need to understand WHY and WHAT you are doing wrong.If possible,speak to someone experienced.There must be a reason or method you use when placing trades.Where have you learned to trade????
What if I reversed all my orders?
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How can a broker work against you??
Started Jul 30, 2011|Broker Discussion|38 replies
I read briefly last week somewhere (can't remember where) how an individual reckons a broker ...
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Tick Tock....watch that clock
Started Jul 30, 2011|Rookie Talk|3 replies
Time ticking by for the US now............dangerously close to that deadline.With none of us ...
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paulw replied Jul 29, 2011A lot depends on what Obama has to say later today.I'm still hopeful a solution can be found in time although seems more and more unlikely with each passing minute.
NZD/USD
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paulw replied Jul 29, 2011At this rate we could see .90 TODAY............wouldn't be surprised.
NZD/USD