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- finswin56 replied Feb 17, 2010
I like the setup, but the 123 level is looming support IMO. I would love to see it break the TL and then retrace to 123.86 to short on a TT. The BPC just seems to close to tough support.
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- finswin56 replied Feb 15, 2010
I don't see anything. However, I only watch 14 pairs.
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- finswin56 replied Feb 11, 2010
At some point we will find the limit to how much debt will be accepted to fuel the economy. I don't remember the exact numbers anymore, but around 1980 it took approximately $1.50 of debt to produce $1.00 of GDP in the US. Pretty crazy huh? As of ...
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- finswin56 replied Feb 11, 2010
Nice job. I was waiting for price to reach .8849 - .8854.
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- finswin56 replied Feb 8, 2010
Beautiful bucket trade! That was also just 3 pips away from the 50% mark of the whole ret. move up.
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- finswin56 replied Feb 2, 2010
I give more weight to levels of supply and demand, and that round number had already been tested for support. If it were to be tested again while making a lower swing high, it would have give me confidence that the order flows were behind short ...
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- finswin56 replied Feb 2, 2010
can't complain. free in about 5 minutes. 30M shows a nice rejection. I'll take profit at 1.5890. just above nice short term support level easily seen on the 15M.
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- finswin56 replied Feb 2, 2010
Well I'm short now at 1.5951 w/ a SL just over that last 1.5968 swing high. I'm basically fading news that gave the pair movement then it probably should have received. My R:R is pretty darn nice at this point, so it is a nice value sell for me.
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- finswin56 replied Feb 2, 2010
Any thoughts on Cable? The Resistance I see is the gap close from last week. price has tested it several times and come down through the TL making a BPC. I'm looking to sell a deeper pullback. 1H setup. 15M trigger is posted.
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- finswin56 replied Feb 1, 2010
I see the 61.8 Fib as a nearly perfect confluence with former support (off by one pip). I'll bet you that if Custos was trading this morning he took that short on the touch. If we get the BPC, I would really like the trade.
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- finswin56 replied Feb 1, 2010
The main reason is that the SNB does not want its currency to strengthen to the point that it becomes a disadvantage for their exports. Strong currencies in a weak economy can kill your export business. Japan was well known to do this in the past. ...
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- finswin56 replied Jan 27, 2010
I don't like leaving those trades unattended. Too many variables.
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- finswin56 replied Jan 27, 2010
I like the touch trades too. I'm a big fan of BRV's method. I just don't have enough time to watch charts anymore, which is kind of important for that. Interesting spot to short. I would have been looking at the 145.40 level based on the three ...
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- finswin56 replied Jan 27, 2010
Tomorrow won't be much better. The senate will vote Bernanke's nomination for a second term. Could lead to a whippy market reaction.
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- finswin56 replied Jan 27, 2010
I used to moderate a different forum back in the day. I try not to be too much of a hard ***with this stuff, but the motive here seems pretty clear to me.
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- finswin56 replied Jan 27, 2010
I was asleep, but it looks like EUR/USD and Silver had tradable setups. I haven't seen any charts for gold or sliver here yet, but I like trading those two. They can go on some real tears and seem to work well for this method.
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- finswin56 replied Jan 27, 2010
I wouldn't sell that pair with someone else's money. The SNB just recently put out another statement strongly suggestive of more intervention. I actually took that pair's chart off of my open chart many months ago.
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- finswin56 replied Jan 27, 2010
I don't understand why you are pushing your trading method in THIS thread. Your method is clearly nothing like the method traded here. I see no reason for it to be brought into this thread in the first place. You already have a thread that you ...
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- finswin56 replied Jan 24, 2010
This is my alternate entry method. If I see the break of a good TL (not all TL's are created equal), then I will look to sell the pullback to an area of former support. I will only do this at the last area of support, and if it greatly increases by ...
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