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- EntropyLad replied Feb 8, 2010
Trading TIME ZONES. — TRADING TIME ZONES. One of the things i learnt from you, custos; not sure you remember the conversation. Anyways, thanks. I subsequently modify your take on it a little bit to further compliment my own personal ...
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- EntropyLad replied Feb 8, 2010
I see it. However, it is too late in the day for me to trade EUROPEAN/AMERICAN currency pair for me. I terminate all european/american trade entry on the setup H1, M30 after 12pm us EST. If this is trigger chart H4 or above, I wont mind. Just my ...
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- EntropyLad replied Feb 8, 2010
Current Market Strength(FCI) for those who are interested. image
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- EntropyLad replied Feb 8, 2010
Good for you, pipalicious. In hector intra-trade management...he would recommend moving the SL of your remaining 1/2 to the back of that triangle(those two red lines on the 5mins chart, the 1.5585 area) after selling the first 1/2 at 1.5555. image
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- EntropyLad replied Feb 8, 2010
Thanks. That was the point i was trying to make to iezzwan in the link below. (Although not as clearly as you did.) url
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- EntropyLad replied Feb 8, 2010
I presume from your statement that you've dumped 1/2 of your cargo in GBP/USD short at 1.5555 and moved the rest to BE + 1? Generally when using RN as full or partial exit, +/-5pips of RN is a preferable point of exit.
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- EntropyLad replied Feb 8, 2010
I have deleted the post, chrisP. Actually, i wrote that post before reading the followup post by CUSTOS, otherwise, i wont have written it. url
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- EntropyLad replied Feb 8, 2010
Top Four Things i Have Learned from CUSTOS — Top Four Things i Have Learned from CUSTOS #1. Precision trades are possible ala BRV #2. How many hours within each trading sessions(asian, euro, us) are relevant. #3. Total display of awesomeness ...
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- EntropyLad replied Feb 8, 2010
Come on, custos. Come on. Dont take this personally. You know how much i value your opinion and take on things. You are custos, the one and only. The pip sniper, the pips overload. Dont take it personally. I honestly want and appreciate your input. ...
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- EntropyLad replied Feb 8, 2010
I understand. All newbies should look for the prettiest chart to trade. Paulette and I were discussing LOB trades this morning...how we cancelled all setups because breakouts happened a 15minutes before 7am london time. (LOB are only allowed exactly ...
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- EntropyLad replied Feb 8, 2010
Cool. I get what you are saying about the 1.5650 level, and i readily admit it that it will be prettier looking to use that level.
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- EntropyLad replied Feb 8, 2010
THE original POST here HAS BEEN ERASED. It causes disturbances in the force....i dont like disturbances.
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- EntropyLad replied Feb 8, 2010
So, let me get this straight. If price action overshot the slanted trendline momentarily and reversed below it, that still nullifies the trade? it must never, never, never overshot the trendline? I can tolerate a few overshoots. #2. Because it didnt ...
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- EntropyLad replied Feb 8, 2010
I dont understand what you are talking about, custos and CHRISP. This is the chart i am looking at. Attached below: GBP/USD. Are you talking about the same chart? image
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- EntropyLad replied Feb 8, 2010
Hope it works out for you. I didnt go in because it didnt follow my expected outline(the blue line on the chart). After completing the 1, 2, 3 FORMATION...i wanted a bpc right below the RN....it didnt form the way i wanted...i just have to let it ...
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- EntropyLad replied Feb 8, 2010
GBP/USD m30/m5 maybe setting up nicely. Let see it develop first.
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- EntropyLad replied Feb 8, 2010
Paulette is right. Respect the rules. To learn more about LOB, check out: url
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- EntropyLad replied Feb 8, 2010
These pairs/crosses: E/G, GBP/CAD, GBP/JPY, GBP/USD, EUR/JPY, CHF/JPY, EUR/USD all broke out during asian session on the M30/M5 time frame. On the short side. With the exception of E/G on the long side. I skipped all of them. With the exception of ...
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- EntropyLad replied Feb 8, 2010
I concur. Anyways, no LOB for today, i guess. Hopefully, there will be one tomorrow. There tends to be at least, two per week, so.......
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- EntropyLad replied Feb 8, 2010
I still cannot see it clearly. But if you look at all the GBP/USD, GBP/JPY, EUR/USD, CHF/JPY, etc...you can see all of them strongly reversing at 7am london time. This is the reason why you dont take LOB trades before 7AM. it is also why i like to ...
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