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Alorente replied Nov 17, 2011Closed short at 1.3493. Profit: 32 pips. S&P was hitting resistance so I took my profit and ran.
EurAnalysis
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Alorente replied Nov 17, 2011I went short at 1.3525. I now trade the M5 chart and the H4 chart. Yes, I´m becoming a scalper too, but only when I see an opportunity and as you can see, we have two consecutive bear divergences on the M5 Trix. Target: 1.3480
EurAnalysis
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Alorente replied Nov 17, 2011Slow Motion Euro Wreck — Hello everyone. I´ve had to take some time off due to a personal problem. Glad to be back. For the past 3 weeks, the much anticipated euro slow motion collapse has started to materialize. I feel there is quite a bit ...
EurAnalysis
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Alorente replied Nov 16, 2011Mihailo, I am trading both ways: With Coral Filter on and off. So far, results are much better with Coral filter off. I feel there are enough Coral filters built in the other indicators that compose EasyRyder 1.1, so maybe Coral is not needed. It is ...
RENKO system with Mihailo!
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Alorente replied Nov 16, 2011Hi guys, I´m trying out Mihailo´s system with pretty good results. Thanks for your great worl Mihailo! Can you help me? Why am I not getting any blue bars in EasyRider 1.1 if EURUSD M3 Renko chart is showing above Coral?.
RENKO system with Mihailo!
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Alorente replied Oct 25, 2011Yeah, Janet Yellen, the Fed Vice Chair. A dovish liberal. Nobody pays any attention to her. The ones holding up the QE morons now are Fisher and Lacker. They won´t let it happen. I hope anyway.
EurAnalysis
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Alorente replied Oct 25, 2011That´s because it is a strong resistance area formed by the high of 10/17 and the low of 7/12. It may not break it, but who knows what happens tomorrow after the announcement. If it comes down, it should start it today. We´ll see...
EurAnalysis
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Alorente replied Oct 25, 2011And the beat goes on... Not much new to report. Everything continues to look bearish. My RSI Trendline will not be crossed and continues to show bearish divergences. Crossing it would be my exit signal. The THV is looking bearish also with both the ...
EurAnalysis
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Alorente replied Oct 24, 2011I agree with PT on this. A close anywhere near or above where we are now, probably means we are going higher.
EurAnalysis
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Alorente replied Oct 24, 2011Wednesday, March 28, 2007 "At this juncture . . . the impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained," Bernanke said in prepared testimony to Congress' Joint Economic ...
EurAnalysis
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Alorente replied Oct 24, 2011You say: I think US is able to deal with inflation. I would prefer to say: Volcker was able to deal with inflation. I don´t think nowadays, with the thin skinned politicians in Washington who are only worried about their reelection, the US would ...
EurAnalysis
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Alorente replied Oct 24, 2011You can learn TA well, follow the news, study the fundamentals, but I believe that to be a successful trader, there are 2 things you MUST do without fail: 1) Be a firm believer of Murphy´s Law. 2) Check in your ego at the door.
EurAnalysis
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Alorente replied Oct 24, 2011It was risky, but if you put it in the context of the Box System I use with the position in a separate account, it´s not as risky as it sounds. I went from 5% to 9% of my Forex capital in this position. Even if the whole world went against me and I ...
EurAnalysis
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Alorente replied Oct 24, 2011Well, to be honest with you, I couldn´t care less if I´m right or not, as long as I make a profit. And the bigger the better.
EurAnalysis