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- Monk replied Apr 1, 2009
might sound dumb..... — but when does an ascending triangle CEASE to be ?? At what level on the 15-1 hour would we have to break for this to no longer be valid setup?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied Apr 1, 2009
whats it going to take to get over this 4270/90 area? almost feels like if / when we do 4500 is going to come real fast
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied Apr 1, 2009
on my charts that was almost to the darn pip. nice call lets see if we can stay above it
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied Mar 31, 2009
Interesting — The low at on the 1HR last night at 9PM EST was 3173 EXACT same number tonight....3173
EURUSD
- Monk replied Mar 31, 2009
well...it can get crazy at anytime.... read babypips.com to find out best market hours. London starts soon...which then overlaps into the NY session. All depends on the pair you are trading....but as u will soon learn...its a global economy...so one ...
EURUSD
- Monk replied Mar 31, 2009
trading .1 - .3 of a lot (or less if on a micro account) using a stop using a limit not being "greedy" not overtrading follow those simple rules and u will do "ok" I have had dozens of successful trades in a row only to wipe out my profits and then ...
EURUSD
- Monk replied Mar 30, 2009
Damn!! — left for awhile with an open short from 3680.....no stop of course..... come home to see i am underwater 170 pips or so..... darnit maybe i will get lucky and see a retrace back to at least 3930 area before next leg up. Any insight / ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied Mar 30, 2009
The market can stay irrational longer than you can stay solvent. John Maynard Keynes
EURUSD
- Monk replied Mar 30, 2009
took a bit longer then i hoped....but there it is
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied Mar 30, 2009
was hoping for a quick 30-40 pip bounce with that second test of that 3770 area....didn't happen...so now just looking to get out somewhere
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied Mar 30, 2009
what the hell....small long from 3780
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied Mar 29, 2009
not till 3175 all night it has been sell anything that close to 3280 now headed to the the last several hours lows...then maybe a buy.... maybe a bounce at this 3220 area....but if that is cleared strong then down we go for a bit more
EURUSD
- Monk replied Mar 29, 2009
very normal. its better to not have a stop over the weekend....assuming you are not over leveraged then to have one in place. As a stop will get filled at the "next available price" once the market opens again. the same would be for a limit ...
EURUSD
- Monk replied Mar 29, 2009
wow....45+ pips spread on my broker right now
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied Mar 27, 2009
stopped out at b/e+ 3 oh well....i guess the trick with trying to trade a retrace is to take profit fast
EURUSD