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Sonofsin5 replied Mar 15, 2011Yes I was taken out, for profit though well off the highs.
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Sonofsin5 replied Mar 15, 20113899, on tick above the high on a 30 min chart after we saw the buying followed by the ns. Ill post a chart in a bit
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Sonofsin5 replied Mar 15, 2011A lot of strength in the last few hours. That could have been the dip to take advantage of. I was taken out of all my gu longs on that massive leg down. A eur entry would be nice but there is still FOMC today.
vsa with Malcolm
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Sonofsin5 replied Mar 14, 2011I'm not sure what your time frames are but the Daily Eur chart really tells the picture. The drop to 3910 was bought hard and now we are looking at busting through .4000 There has been accumulation for the last two days between 3910 and .4000 Large ...
vsa with Malcolm
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Sonofsin5 replied Mar 14, 2011Eur chart. A break now of the previous mentioned level at 4004 should be explosive. Sellers havnt really stepped in yet.
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Sonofsin5 replied Mar 14, 2011These are also good examples of "when" to take a ND in an up trend.
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Sonofsin5 replied Mar 14, 2011I posted a few hours back I want 4004 to be breached before going long. The 3980 was a recomendation to another trader since price was choppy and a break of 3980 would signal bulls had dried up supply enough to test 4000 again. I do like to see ...
vsa with Malcolm
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Sonofsin5 replied Mar 14, 20113980 seems to be met with sellers capping any attempt to get back to 4000. There are 2 plausible scenarios that will most likely occur after 3980 is breached. 1. Price will rocket past 3980 and immediately test 4000 which will not give a retest. 2 ...
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Sonofsin5 replied Mar 14, 2011Great post although I would not be buying the UJ yet I do agree with you and know that these types of news events are used by large money managers to manipulate and drive the market to areas of price that are desirable to them. "Sell the rumor and ...
USD/JPY Discussion
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Sonofsin5 replied Mar 14, 2011Yes it did. Wait for more confirmation though, like a breach of the 3980 before jumping in.
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Sonofsin5 replied Mar 14, 2011An update from my Friday trade. The pound still looks strong today. The eur is caught in a range and needs to get above 4004 for me to buy. We have an accumulation phase currently on the EurUsd. Ill post a eur chart in a bit.
vsa with Malcolm
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Sonofsin5 replied Mar 13, 2011I only use esignal and sierra. Esignal for forex and Fx futures and sierra for forex. Sierra gets their main feed from FXCM which is the biggest bucket shop around. There is an advantage to this of which I dont have time to get into. Both feeds are ...
vsa with Malcolm
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Sonofsin5 replied Mar 13, 2011Gbpusd — A continuation from Fridays trade on the pound. The eur IMO looks like a .4000 break this week is inevitable.
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Sonofsin5 replied Mar 13, 2011The only gap one sees in forex is on a retail platform.
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Sonofsin5 replied Mar 12, 2011I know another trader who trades very similar to this and does well. Like you stated the size of your pockets plays a huge role in this strategy because 60% of the time you are holding trades in dd while adding. The prevailing trend in the GBP has ...
vsa with Malcolm