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shellsnail replied Mar 17, 2015Order flow dynamics on UJ is changing. This pattern is typical of trending environments and has been absent the past few times UJ was falling. Now it's here. Things are changing. image Ofcourse it has to play out...
EURUSD
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shellsnail replied Mar 17, 2015I use bots to diversify and reduce risk... Doesn't matter if they are unprofitable actually Break even is fine.. As long as they are profitable when my main strategy loses.
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shellsnail replied Mar 17, 2015Breakout below 121.23 will launch a strong move.. ~ 50 pips. Looking to add even more (when that happens).
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shellsnail replied Mar 17, 2015Absolutely. Always trade with the trend. But the caveat is the trend is not always easy to define. So I guess it varies based on trading preferences.
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shellsnail replied Mar 17, 2015Hmm that's a very strong fundamental bias you have there... Could be dangerous.. You don't know for sure what'll happen. But if you use good MM will be fine

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shellsnail replied Mar 17, 2015then just exit the trade and take a short when that happens? :/ Don't get it. if something is 'inevitable' (if there's ever such a thing) to go up, why not long.
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shellsnail replied Mar 17, 2015image When a move falls nicely in a channel, it tends to be corrective. This morning's UJ.
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shellsnail replied Mar 17, 2015Looking to add to UJ short. target min 120.76. (where a harmonic bullish bat is completed on the 1H chart.) Next 30 mins are important... UJ may enter strong momentum down move..
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shellsnail replied Mar 17, 2015No such thing as noise during london open... Stuff are changing hands, question now is who is holding what

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shellsnail replied Mar 17, 2015I think best not to short EU today. technicals are lining up for momentum push.. it's dangerous to try to fade breakouts.
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shellsnail replied Mar 17, 2015yeah somewhat. but I'm not too bothered as long as losses are small. cost of doing businesss...
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shellsnail replied Mar 17, 2015Just because EU downtrend is strong, does not mean that this cannot be a long term bottom, anything is possible.. Recall SocGen's analysis that this is the base of a multi decadal corrective channel and completes the correction... A bounce here ...
EURUSD
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shellsnail replied Mar 17, 2015Reversed UJ and closed EU
looks like USD bears may win this round...EURUSD