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Holy Cow replied Oct 10, 2012This is what i was talking about that I simply cannot think in terms of fundamentals cause market always does its own thing. Come on, Eur moved up and has been the strongest currency for a couple of months based upon fundamentals?
The ...Trend Trading All Pairs
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Holy Cow replied Oct 10, 2012Regarding Aud every beaten up currency is rebounding sooner or later and usually when the gloom is the thickest it might be a good time to start watching it. it looks like aud is getting stronger a bit even vs. nzd where there has been such a nice ...
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Holy Cow replied Oct 9, 2012Have no idea what Draghi was talking about but looks like this time his oratory did not help much. Sell Eur!
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Holy Cow replied Oct 9, 2012I was up 200+ pips on e/u, e/j new longs but got stopped at BE. now reversed. already in pips but will trends materialize. Market has been consolidating for 3-4 weeks.
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Holy Cow replied Oct 9, 2012Well come back Shomari! Have been on vacation and cooled down a bit. Aud does look weak but I think gbp looks even worse. Eur looks like getting weak too. Jpy is getting stronger though. I see no straight favorites for now like it was say in August. ...
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Holy Cow replied Sep 15, 2012Excellent, lest expected this from you completely unasked for. I did not know CDS abbreviation and had no idea about COT. Heat maps was news too. I use different ways. In any case, being trend trader I see where the trend is going hence this is my ...
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Holy Cow replied Sep 15, 2012Need to bring focus back and probably one more monitor after coming back. with laptop I will have for 3 weeks it is easy to miss things.
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Holy Cow replied Sep 15, 2012Rex, first thing, what are your goals on trades? I do not trade gold so have no idea. But the pairs you posted except aud/chf the rest are all goners for me. Too late, the train left the station. aud/chf might provide very good opportunity. i rode ...
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Holy Cow replied Sep 15, 2012Originally Posted by shomari image Like I said this week is pivotal,and that's because we should,next week, see where the short to medium term trends will take us, going into at least Christmas. So in fact NEXT WEEK, is the time to pounce, ... we ...
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Holy Cow replied Sep 14, 2012I was in 2 aud/jpy trades for about 3 months long side. ended in profit but expected big run. Hence simply stopped watching and here I think there is a good chance previous resistance would not hold and price will go back to 88.00 or higher. jpy is ...
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Holy Cow replied Sep 14, 2012I see lot's of opportunities. aud/jpy and aud/usd definite buys. cannot believe I missed them. entries were below but especially aud/jpy not everything is lost for now. generally I need pull backs and see what it will be doing there both of them. ...
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Holy Cow replied Sep 14, 2012closed gbp/nzd too for some 60 pips , did not like how all this moved against me. good that closed eur/nzd for BE too. left only what is making money now and will start looking for new tardes Sunday/ Monday. the list is long. had mor epips 400+ to ...
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Holy Cow replied Sep 14, 2012Ah, KOsta. BTW, how many scalpers among wealthy traders? I do not think many. also, I start thinking that volatility was a actually an abnormality. in normal times volatility cannot be high.
TheChalleger's Journal - My Trading Journey
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Holy Cow replied Sep 14, 2012closed eur/nzd for BE. doe snot look good. but waiting, I will be back in when I sense good timing. that will be on vacation me think. guys, watch eur/nzd. especially for short but long might bring few pips if that trend line is broken. but short I ...
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Holy Cow replied Sep 14, 2012it is much easier to have high R:R while trading long term than day trading. FX market is not as volatile as it used to be few years back and London session looks like a shadow of itself. Daily ATRs are down to 50-100 pips on most pairs and it doe ...
TheChalleger's Journal - My Trading Journey
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Holy Cow replied Sep 14, 2012exactly: this is how things should look: image it is more now on established trades. 3-6:1 R:R already. no take profit at all. only stop loss.
TheChalleger's Journal - My Trading Journey
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Holy Cow replied Sep 14, 2012It is a general mood of your journal. It should be reeking with optimism!
TheChalleger's Journal - My Trading Journey
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Holy Cow replied Sep 14, 2012Mmaker, kk007 is not a beginner. we actually started trading around same time and actually were being quite friendly 3 years ago
I used different nickname then. I think taking break and changing time frames might help. But stopping thinking quick ...TheChalleger's Journal - My Trading Journey
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Holy Cow replied Sep 14, 2012-1R is ok, what is not ok where is +2+3 R. again, his problem is mental. strategy won't help but changing some perspective and slowing down might help.
TheChalleger's Journal - My Trading Journey