Morning everyone, Short 903.8, looking to test 62/57. Starting to form bullish bias on the 1H timeframe from my perspective. Glad I closed my 87 short. Added 907.2. First target .29896

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Done. Well done shorts. Still flat. Done for the day. Happy Thanksgiving to all my US friends!

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Still not touched... so could go lower still.

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Could I have been too early? 12 min time will prove it... It's possibly just a bounce at 62 for a fake out.

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4939.8 - 2042.0 = 2897.8 pip range Round to 2898 / 8 hour trading day (ie. 2 x 4H bars) = 362.25 = approx 365 trading days Classic Gann. Price squares time, in this case 8 times.

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4H close did not go below 73.6. To me this predicts a 1H close above for the foreseable future, giving momentum to 29XX

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I think that's it for shorts around 288x. Targets at 29xx more likely now.

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Excellent screenshot. BTW, closed my short at 76. not liking the PA for shorts on the hourly.

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Here now. This will be interesting. Bounce or drop? If drop, I want 1.28275

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12PM Hourly Low 1.28736 needs to be taken out if this is gonna retrace.

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I'd say Benny, ignore everyone else. If you have a process and pays, who's to say you're wrong. Everything else is just noise. Having said that: If everyone is short, despite the fundamentals - then those who have consistent reasoning are probably ...

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One of the things I learned from you in the "useless" group is actually learning to develop your own view of the market. You're spot on. buyers = sellers so we can only go with what we know, and price will either prove us wrong/right. ...

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If I was selling, then a SUCKER!!! Kidding!

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But surely you know about support and resistance. Surely you have an account that is of decent size to support your stops. Rising, doesn't mean LONG. If the move up has happened and you're flat and price is approaching a significant resistance ...

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I'm re-evaluating mine. We're right at the cross-roads! 20 minutes till the hour. If she bombs, then the 4H could become a doji and we should see the south. If not, well... then the lesson cost me 10 pips.

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Very good point. I'm gonna adjust my stop just in case to just above this. But my short got triggered @ 87. Let's see how strong that MID is. Some of you have this as a 50% fib.

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Short Order @ 1.2887 (mid of bear bar on Daily) S/L +10 TP Open. Will assess. Still possibility of 29+ as Gator says, but I've been waiting for a bounce back to 1.2760. Now void. 1.2827 now.

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lol Been there done that. They say that you have losing streaks and winning streaks. But I've wiped out accounts loads of times. I feel I've turned a corner though. Besides Gator and Gleneagles, I've had a few other non-FF based strategies that I've ...

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Breakout done. Target 1 = 2880. Target 2 = 29+ still working this out. For the newbies, this looks like a classic "Cup and Handle" off a bottom, which is more powerful. Currently flat. Not going to buy into resistance. Track record,... if it must be ...

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