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Petefaders replied Feb 18, 2009Yep, both those things were good signs. My deal was, finally got settled in (I had to go back and help the wife fall asleep), looked at large time frames first, as I do. saw this serious resistance..any decent trader sees this rediculas sell ...
Petefaders Journal & Open Discussions
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Petefaders replied Feb 18, 2009out +22 Daily pips: +22 reset, 1st trade
Petefaders Journal & Open Discussions
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Petefaders replied Feb 18, 2009short g/j 133.31, vlme shows no buyers in sight.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 18, 2009I missed most of Aisa, busy day. BUT, coffee in hand, charts are up and back to busine$$. Looks like some more sell action to come on e/u. May look to sell rallies.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 18, 2009Simple supp/resist on 4hr chart. I could not get any insight into his trading besides that, and believe me I tried.
steelhead trade journal
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Petefaders replied Feb 18, 2009k, I'm ready,
..my account needs a good riping.Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Feb 18, 2009out +5, looks stuck.. being carefull, selling vlme has dropped. Daily pips: +45 EDIT: I gotta run, I'll be back for Aisa.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 18, 2009Hey Jon, the other day I was in the bathroom, and the meaning of you name just dawned on me.
Guess I was a bit slow on that one, lol.Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Feb 18, 2009Yes, a volume spike can signal a reversal, but the candle that goes with that spike, must be in the direction of the reversal, or a doji, for me to consider a reversal entry. Edit: Sorry for the slow trading today guys, I'm kinda busy with other ...
Petefaders Journal & Open Discussions
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Petefaders replied Feb 18, 2009This in itself was not the entry signal, but a heads up. I had to see sellers maintain controll on next candle, which they did. image *notice same exact thing in reverse, buy signal 11 candles back.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 18, 2009ok ok, I'll stop being lazy..one sec.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 18, 2009Hi Francis, thanks for posting. Yes, just the regular "volumes" indicator, mt4. I messed with the asthectis, to make it look like this.. http://www.forexfactory.com/showpost...&postcount=505
Petefaders Journal & Open Discussions
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Petefaders replied Feb 18, 2009The 1min chart "give away" candle was at 18:15 (15 mins ago from now) looks like just another candle, right? But the VOLUME was higher than the 10 previous candles, meaning there was a big increase in activity..otherwise it would go unoticed by non ...
Petefaders Journal & Open Discussions
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Petefaders replied Feb 18, 2009yeah, exits are hard for me sometimes, but my reason was simply uncertainty and a quick clicker finger, lol. I hate seeing profit shrink. Also, just trying to get the daily pip count up with low risk, good entries. Daily pips: +40
Petefaders Journal & Open Discussions
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Petefaders replied Feb 18, 2009out +13 pulled out early, still dropping Who can find the volume "give away" candle on, 1min for that quick scalp?...anyone? Daily pips: +40
Petefaders Journal & Open Discussions