Heh.. firstly: stop being a sarcastic dick, because you're wrong almost across the board. Going to save myself the time of day, and just quote BRV on his latest blog post: You're attacking me for using the 1 minute chart... even though it's used by ...

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Where was your entry Seattle? The EURUSD looks like it's ticking down, but it's also oversold at the level its at, and it's finding resistance at a bucket and previous support. And libb, we're all (or most of us!) learning here. The more ...

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A clean breakout means price breaks the wedge flush without any consolidation or hesitation. That is exactly what it did. Look at the 1m chart and how strongly it moved past the trendline. That is a clean breakout to me. A false breakout would be ...

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ALL those pairs broke trendlines and had huge moves upon breaking the trendlines, before completely retracing them. Again, to me that signals that it was a technical move NOT supported by fundamentals. The fundamentals are down (stocks getting ...

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ady27, I know you addressed this to GW, but I thought I'd talk about it. When I first started trading, I only traded breakouts. I definitely found it easier, psychologically, to trade them. However I think only trading breakouts, or only fading, are ...

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It was a clean breakout. It broke 1.2650 and accelerated and rose 150 pips in a few minutes. 150 pips in 40 minutes is no joke. Any time I have the opportunity get 150 pips in less than an hour, I'm ecstatic. The fact that it has no come all the way ...

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I disagree lumesh. When you have long, developing and tested trendlines on both sides of price, as price continues to consolidate (triangle, wedge, etc.), then that is when trendline breaks are effective and can move the market without a real ...

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I posted this last night. UNFORTUNATELY I was in my car on the way to work when they all broke! I had literally been waiting all night for these moves which were easily predictable, and then missed out... that is ****ing frustrating as hell. And GW, ...

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FYI if you have a look, most if not all the majors are in really identifiable patterns respecting trendlines. Prime setups for big breakouts. Still more room to consolidate though.

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Watching 1.2570. A break of that, depending on what goes on in equities at the moment, could be big.

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I don't think it's going to be hit. It's finding resistance around 1.2700 and slowing down. I'm watching 1.2703 as an H1 bucket, too.

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Watching 1.2735 on EURUSD. November 17 high, and November 5-13 trendline.

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Often times if you adjust your TLs you can miss out on a reaction of where the TL was initially drawn. This is the problem with TLs: they can be ambiguous, and while they may be working well right now, you might go through a period of getting burned ...

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Ron Paul is saying the dollar/fiat system is dead and we should move back to gold backed fixed currencies... hahahah. Can't believe people wanted to vote this guy in for President. I'll be looking to play a breakout on the EURUSD at some point ...

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Here's an accompanying chart to show you what I'm looking at, where my target is, etc. Edit: Also, it's not on the chart, but 1.2598 is the 61.8 retracement of the opening bar of the week (last night) to today's highs. Lately I've stopped putting ...

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Long EURUSD at 1.2600, at H4 bucket, also Nov 14/week close at 1.2574 and lower TL is approaching somewhere in the mid 1.2580s Target = 1.2700 SL = 1.2560

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Edit: Actually just took profits on it, 60 pips. No time to monitor the trade further, wanted to grab profits while I could.

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In regards to the media, there's a lot of ambiguity and vagueness behind what moves the markets. They're always looking to rationalize why the S&P is up today, or why the pound is down, etc. I don't think it's necessarily any hidden agenda, but more ...

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I'm still short on the EURUSD from 1.2740, but it's progressing very slowly. I'll probably just move my stop to breakeven and leave my target in tact.

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Of course, but realistically that's not a viable option for many of us. The only way I'd be able to build contacts is through grad school, which I am looking at for the near future, but I don't personally know anyone who trades other than a former ...

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