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clockwork71 replied Jun 26, 2009Yes, it what happens when a currency is "pegged" to the Dollar. The Saudi currency is one such pegged..... In general, these don't move much. Another one is USD/HKD.
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clockwork71 replied Jun 25, 2009My broker doesn't have this pair, so I cannot make a statement on this chart because I don't have the weekly/monthly as well. As far as the formation - there really isn't one - I would wait on a breakout of that pattern. It will show where it wants ...
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clockwork71 replied Jun 25, 2009Been sick as a dog lately....and the latest blog audio sounds like it!

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clockwork71 replied Jun 25, 2009I would use monthly fibs, lines, etc. As far as it being different, I don't think it is really - just slower paced. In the end, I would think your results should be just as good. You would just have to be a little more patient is all. CW
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clockwork71 replied Jun 25, 2009GREAT POST. It is true....you can trade just like me....or change things a bit. I recent talked to someone about using monthly S/R lines, and trading daily bars until they were comfortable. Same idea, a different twist..... CW
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clockwork71 replied Jun 25, 2009#1 - Welcome to my thread. Actually, it's our thread....which makes it yours as well. #2 - I don't know much about boxing, (Except that Buster Douglas was from Columbus, and Sugar Ray is a great man.) but I can tell from this post that there really ...
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clockwork71 replied Jun 25, 2009I would consider it a pair of conflicting pinbars, unless I misunderstand you.
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clockwork71 replied Jun 25, 2009I woke up, put a stop a handful of pips below, then went to work. I didn't really think about it too much to be honest. The thing about CB interventions is that there is no real demand - it's a sudden burst. There's a big difference between that and ...
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clockwork71 replied Jun 25, 2009I actually knew a player from SA a few years ago named Doctor Khumalo, when he was here in Columbus. He was a good player, nice guy, and natural leader. It was sad when his father was killed, he was never the same afterwards. CW
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clockwork71 replied Jun 25, 2009Maybe, but I will not hold my breath on that one.
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clockwork71 replied Jun 24, 2009I guess I can relate. There ARE worse things after all. If you were only up 25 pips, it would have been a different story. Congrats on the trade. CW
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clockwork71 replied Jun 24, 2009In my position, I would be willing to risk 50 pips. I banked about 280 or something earlier, so in a way - it's a free trade. CW
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clockwork71 replied Jun 24, 2009actually, with gbpchf's spread, i would think 1.7880
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clockwork71 replied Jun 24, 2009I think the key is being able to see areas that really matter. This is why I watch weekly S/R lines only. (The occasional monthly.) I used to sit and sweat at the charts all day long. It's not worth it. I don't give a rat's ass how much you think ...
james16 Chart Thread
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clockwork71 replied Jun 24, 2009Yes, kind of. I KNEW I wanted in at the 1.50 level or so. I think I used a 15 minute pinbar. Maybe 5..... I know it's not the way I normally trade - but when CB's start stepping in, I get in behind them. My stop was at 1.4980, so there was never ...
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clockwork71 replied Jun 24, 2009Great question. To be honest, this is what I do: IF I happen to see it do this, the only thing you can do is move the stops up behind ".0000" numbers as they get cleared. When moves like this happen - it's kind of hard to play it wisely. So if you ...
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