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Les Lau replied May 13, 2010My take profit(TP) almost hit now
Yes. Got it.EUR/USD in M1, M5 or M15
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Les Lau replied May 13, 2010'Buying with a stop on 1.2650 and take profit of 12750.' If go for buy , its safer waiting price to break resistant line 1st
EUR/USD in M1, M5 or M15
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Les Lau replied May 13, 2010Now is ranging. Can wait price to break resistance.
EUR/USD in M1, M5 or M15
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Les Lau replied May 13, 2010EU — Just should put sell limit(pending order) at 1.2682
EUR/USD in M1, M5 or M15
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Les Lau replied May 12, 2010'Tq 4 ur reply; Pip26, Les Lau and Yuan83. I hope can make lots of friends here. image ' Hi Dr Cryonic, U r welcome! Me too hope make make lots of friends here


My Fibonacci trading system
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Les Lau replied May 12, 2010'u didnt use e strength indicator?' Hi Yuan83, At first i learned to trade using many indicators. Now i trade using mostly fibo + price action (trend line, support & resistant) For indicators I only use 2 ema line as direction guide. I will discuss ...
My Fibonacci trading system
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Les Lau replied May 12, 2010'I was just asking a question to get some input just because gold is making good highs now and im still new. So im just trying to get a feel for how you all are doing as for making money, if your day tradeing or swing trading or if you just buy and ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Les Lau replied May 12, 2010Congrats — Congratulations all the Gold supporters(buyers)!
Gold just Hit all time High. Yes!! 
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Les Lau replied May 11, 2010eu — Just now was a very good 'golden fibo' confluence. 38.2 overlap with 61.8 (i use 36.8/56.8) Good to sell limit(pending order) for this. Didn't notice it until it happen. Cos i a bit tired trading whole day(already made some pips). Anyway ...
My Fibonacci trading system
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Les Lau replied May 11, 2010I just unloaded some profit. Hehe..
Be cautious of High point 1226 as a Resistant.XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Les Lau replied May 11, 2010Hi, I am new to this thread. Here's my analysis for xau/usd. For Gold I treat it not only trading but as an invesment. So i would go Long(Buy). I enter position every time price breaking the downward Trend Line. D1 Chart. First Long during 1165+ and ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Les Lau replied May 10, 2010Reply — Hi, 1)How to determine a trend. There should be a series of higher high & higher low, or lower high & lower low. Think Waves. There can be smaller waves in the big waves. 2) Always think of trading as a game of probabilility. Every ...
My Fibonacci trading system
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Les Lau replied May 10, 2010eu — I just found another confluence. See the Support turn Resistance. Earlier if go long, its actually safer to wait the price breaking Trend Line + Resistent Level.

My Fibonacci trading system