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Shermenator replied May 28, 2009EURUSD — Alright I am short in my eurusd... seeking 3850 ...I will take 50 percent of profits at this point and use the profits as a stop loss.. image
james16 Chart Thread
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Shermenator replied May 28, 2009I completely agree with the gender . If the trade does not work out just get another one haha.
james16 Chart Thread
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Shermenator replied May 28, 2009AUDUSD — Here is the other pair I am looking at ....I will only take one though since I dont like buying dollars all over the market and taking to much hgih risk . Or I can divide the risk into more then one trade but its just not my typical ...
james16 Chart Thread
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Shermenator replied May 28, 2009EURUSD — Here is one of the current trades I will be taking... image
james16 Chart Thread
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Shermenator replied May 28, 2009EURUSD — I am now looking for shorts in the eurusd image
No Brainer Trades
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Shermenator replied May 27, 2009EURUSD — Alright I have closed at 2 pips overall for the night ....so I will back of the market untill it clears itself. What matters in trading is winning every month not every day. The market will only give you money when it wants to , so ...
Drawing correct resistance and support-lines
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Shermenator replied May 27, 2009EURUSD — If the market takes me out at break even for the day I will back off the market and wait for it to clear itself up again untill it moves and establish its direction once again. So option one is go up timeframes so you see the picture ...
Drawing correct resistance and support-lines
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Shermenator replied May 27, 2009EURUSD — Alright I have now moved my stop to a little past break even so I cover the little loss of the previous trade. This position was heavier as well.... image
Drawing correct resistance and support-lines
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Shermenator replied May 27, 2009Seems like this weeks move down had a spike yesterday to it ...SoI am trying to see what direction the market will pop...I never marry a direction I just fallow order flow...If the market start shwoing buying signals and once in the trade it starts ...
Drawing correct resistance and support-lines
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Shermenator replied May 27, 2009EURUSD — Alright I have stopped and reversed ...the market conditions are changing and my opinion was not the correct one...lost on the first trade was very small image
Drawing correct resistance and support-lines
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Shermenator replied May 27, 2009EURUSD — Looking to see if the rising trinagle will hold and retest yesterdays high as first target...I will watch price action and see if the my oponion is wrong and go in the other direction...or at least reduce my risk involved. image
Drawing correct resistance and support-lines
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Shermenator replied May 27, 2009EURUSD — Alright I am currently long in the eurusd I will watch price action in the market... image
Drawing correct resistance and support-lines
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Shermenator replied May 27, 2009EURUSD — Looking to buy the eurusd if I get the correct price action... image
Drawing correct resistance and support-lines
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Shermenator replied May 26, 2009EURUSD — Alright the eurusd has gone after my remainder 10 percent and stopped me out , overall a very easy trading day. Like taking candy from a baby lol..... Alright guys take it easy image
Drawing correct resistance and support-lines
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Shermenator replied May 26, 2009EURUSD — Now that the market is starting to retrace a bitt I will be looking to start adding to my position since only 10 percent of the trade is left in risk ... image
Drawing correct resistance and support-lines
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Shermenator replied May 26, 2009I agree, great minds think alike! Good luck with your journey my friend, leave some pips for me lol.
Drawing correct resistance and support-lines
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Shermenator replied May 26, 2009Hope I dont open my eyes a little wider since this is the way I make a living as a fulltime trader. But what works for me might not work for others.
Drawing correct resistance and support-lines
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Shermenator replied May 26, 2009Yep all of those are good...specially the last one their is no exact way of defining such event , but fibbs help me define it when targets are meet as well as the daily range. Thats why I dont use anything butt fibbs trendlines and support and ...
Drawing correct resistance and support-lines