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clockwork71 replied Jun 19, 2009I'm in. Let's all go long USD/JPY at 12 pm EST this Saturday.
Collaborative Trading to control market
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clockwork71 replied Jun 19, 2009Right. Location is more important. Also, I have found these areas hold more often if with the overall trend. What you are talking about works pretty good with some of feb's stuff. (System 2, yes with Irony) He trades like that as well. CW
Silent Service Method
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clockwork71 replied Jun 19, 2009That is a lot to assume from one day. The pattern isn't the reason to take the trade - it's the confirmation. Perhaps you misunderstood what I was getting at. The pattern being a confirmation is why I will take pinbars that aren't "perfect" while ...
Silent Service Method
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clockwork71 replied Jun 19, 2009Yes I agree. Also, being foreign I am sure you know what I mean when I say Americans tend to focus on "noise" and things that don't truly matter. There are too many people that on the highway will cut you off in traffic. To gain what? 2 minutes on ...
Silent Service Method
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clockwork71 replied Jun 19, 2009That would be the first hurdle, yes. (13) I am going to trail it, and see where it ends up. The moves in this market tend to be slower, and the minimum shares traded is 2,000 so a move of $2 can really matter. I moved my stop to b/e and am letting ...
Silent Service Method
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clockwork71 replied Jun 18, 2009A different type of trade. — To break up the monotony.
james16 Chart Thread
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clockwork71 replied Jun 18, 2009Another trade I took.... Sino Land, a real estate company in Hong Kong. All exchanges are the same. This stuff works wherever.
Silent Service Method
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clockwork71 replied Jun 18, 2009Yes, it was in the J16 groups private chat room. And I agree 110% - stick to your guns - it's not a horrible trade, just not an A+ one..... That's what your stops are for, you are correct. CW
Silent Service Method
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clockwork71 replied Jun 18, 2009We talked about it in my webinar last night. We concluded that there was a nice thick zone to fight through. Not overly excited about that pin. You are talking the 4 hour one from last night I assume???? (Sorry, answering on my phone.) CW
Silent Service Method
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clockwork71 replied Jun 18, 2009Here's another take on this pair as well.....lol
Silent Service Method
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clockwork71 replied Jun 18, 2009I am more interested in the horizontal support at 135 than that line there..... CW
Silent Service Method
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clockwork71 replied Jun 18, 2009I actually prefer the GBP/CHF. The Swiss National Bank are intervening to weaken their currency. (Not speculation - they have announced it.) They are more or less worried about Franc strength vs. the Euro.....but this should translate to other ...
Silent Service Method
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clockwork71 replied Jun 18, 2009I love the shape, but like you said....it's at the bottom of a recent move. This pinbar would be a GREAT place to put your stop behind if you were already in the move. I will probably pass on this one to be honest. CW
Silent Service Method
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clockwork71 replied Jun 18, 2009I did another audio piece on the blog. I managed to incorporate Ozzy and trading. Go figure. CW
Silent Service Method
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clockwork71 replied Jun 18, 2009I use fibs and trend lines from the weekly chart. I am aware of trend lines on lower time frames, but don't worry too much about them. I sometimes will use trend lines on the weekly to define the overall trend. CW
Silent Service Method
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clockwork71 replied Jun 17, 2009To be honest, there is nothing on these charts that would have me too excited about owning them. CW
Silent Service Method
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clockwork71 replied Jun 17, 2009I don't deal with EMA's, and find them useless because they are calculated after the fact. However, you are correct. Don't care, still short..... That's what stops are for. CW
Silent Service Method
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clockwork71 replied Jun 17, 2009No worries, and it's not off topic in my opinion. Trade what the chart tells you - what you are trading doesn't matter as much truthfully. CW
Silent Service Method
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clockwork71 replied Jun 17, 2009I would say you have missed the boat to go long.....if you want to go long, hope for a larger pullback in my opinion. If you want to go short on a break, that would be a little more supported by this chart. I have been ignoring this pair lately to ...
Silent Service Method