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Pak Tiger replied Oct 21, 2009I would like to say a bundle of thanks to Mr. JACKO for starting this great thread and sharing his pearls of wisdom with all of us. I have just read some 20 odd pages and can't wait to finish reading the whole thread as its already helping me a ...
Jacko's Forex House of Pleasure and Pain
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Pak Tiger replied Oct 21, 2009I see. Well I don't use that many indicators (maybe at times i do but not generally). I look at the charts (daily, 4H,1H and then 15M, 5M) to confirm the long term and short term trends and then take a decision. I have learned that going with the ...
AUD/USD
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Pak Tiger replied Oct 21, 2009Cool!! Just stick to your system! Whatever works is the best thing. Cheers!

AUD/USD
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Pak Tiger replied Oct 21, 2009Long!! And I am targetting 9310 where it will find a very strong resistence (once it crosses the 9300 level). But as per my trading style, i might close it around 9300..Lets c!!

AUD/USD
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Pak Tiger replied Oct 21, 2009I get it from my Charting software that is provided by my Broker. I also use Pivot Points to determine these S & R levels. The the numbers i just gave are based on my 4H chart . ACtually R3 is at 9311 rather than 9300...It was also yesterday's high ...
AUD/USD
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Pak Tiger replied Oct 21, 20099260 was R1 & 9280 is R2, if it breaks it which i think it will in few minutes, the next BIG thing is R3 i.e 9300 ..Lets see... By the way I just opened a Long at 9276!

AUD/USD
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Pak Tiger replied Oct 21, 2009Got out of my Long position at 9248 with 20 pips profit..Will be looking for a good Long entry again!!!
AUD/USD
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Pak Tiger replied Oct 20, 2009Good Morning folks! Well the major trend remains still very Bullish as the Daily & 4H shows. After yesterdays retracement i expect it to move back in the major trend's direction which is upward. Here are the Support & Resistence Levels as shown by ...
AUD/USD
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Pak Tiger replied Oct 20, 2009Long term trend is surely Bullish but considering the fact that the US news is around the corner plus the EURO has also bounced back from 1.4980-1.4990 a few times & hasn't been able to cross the physho level of 1.5000 so it can drop from here esp ...
AUD/USD
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Pak Tiger replied Oct 20, 2009How important is the US news of today for this pair? I heard people saying that the news will be positive for US so we might see some retracements back to 9200 level today if thats the case... how are you guyz looking at todays news and its impact ...
AUD/USD
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Pak Tiger replied Oct 20, 2009Short from 9269 for some quick 10-15 pips. Will enter my long once i meet my short term short target

AUD/USD
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Pak Tiger replied Oct 20, 2009U MUST HOLD ON to your position. THe Major Trend is very strongly BULLISH so you shouldn't worry much. IF you are a short term intra day trader, maybe you should wait for another dip and then open another Long position!! Or maybe Just wait and don't ...
AUD/USD
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Pak Tiger replied Oct 20, 2009Totally Agree with you there! I might get out even before it hits 90.30!!
USD/JPY Discussion
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Pak Tiger replied Oct 20, 2009Good Morning Guys!! Agree with rangingpips there!! It seem like it will consolidate at this level and could retrace back to 90.40/90.50 levels before the news come out!! I have taken a LONG position at 90.18 and and looking for some 20 pips there!! ...
USD/JPY Discussion
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Pak Tiger replied Oct 20, 2009Ok! Just entered my Long at 9274 with TP 9300!!! Can't fight against the trend!!

AUD/USD
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Pak Tiger replied Oct 20, 2009Good Morning/Afternoon Guyz!!! Mashallah had a very good ride this morning when it touched 93 plus right after the news. I closed my Longs there and then went to sleep. NOw i'm back and waiting for a good entry for another long!! My 4H & 1H Charts ...
AUD/USD
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Pak Tiger replied Oct 19, 2009wow! It has found some sweet resistence at 9220 but its mainly because the market has become quite as its Monday today with not many news coming out plus the RBA thingy which is coming tomorrow will make it fly...Till then, it seems it will ...
AUD/USD