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xxDavidxSxx replied Aug 24, 2006moving s/l to 1.2815 locking in 40 news out in an hour so i'll trail s/l just below the new support the largest bear candle found. Its in a wedge up and could break down and retrace 100% the wedge. Dave
My trades by Dave
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xxDavidxSxx replied Aug 24, 2006the long I entered at 1.2775, That was off a ma cross. And quick bounce. Not good but for a short term trade. But this signals on a larger scale so it tells me to stay in the trade. Dave
My trades by Dave
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xxDavidxSxx replied Aug 24, 2006we got 2 hrs of full ewocci signal 1.2830. I am already in so its just good confirmation Dave
My trades by Dave
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xxDavidxSxx replied Aug 24, 2006- 15 on pull back but I got right back in same spot on bounce. s/l moved to just above entry @ 1.2780 cci ic well crossed 0 line and pivot is crossed US news due out later Dave
My trades by Dave
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xxDavidxSxx replied Aug 24, 2006heres another chart same entry but fully set up to move Dave
My trades by Dave
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xxDavidxSxx replied Aug 24, 2006Just looked and euro news about to come out. at 2am EST- in 20 min. Price could be pushing up on early entry orders on antisipation. This usually gives you wich way the market wants to go. I am going to trade this news based on "nudging" this is ...
My trades by Dave
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xxDavidxSxx replied Aug 24, 2006exit 1.2776 -11 pips Not likeing whe patterns formed now. that could have been a last push down befor a bounce. waiting ewocci signal Dave
My trades by Dave
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xxDavidxSxx replied Aug 24, 2006I dunno gbp looking more like bounce off cci 0 line rather than gonna break. Who knows euro is rising too and if it closes above 8 ema my trade is in danger. Dave
My trades by Dave
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xxDavidxSxx replied Aug 23, 2006I am going to start waching gbp to see how the signals work on that pair too. Looks like cci could signal short soon along with ewo. Price is under pivot but needs to break past the 55 ema. Dave
My trades by Dave
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xxDavidxSxx replied Aug 23, 2006Rsi looks like it has curled up, retested line and is curling back down. According to this the move should be soon. The price consilidated on my entry so there was no exit and wait for re-entry. Here is chart Dave
My trades by Dave
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xxDavidxSxx replied Aug 23, 2006I blinked and missed the initial move. But the initial break looks good so I am in short 1.2765 s/l 1.2785 There is another chance for entry on the wave 2 pullback. The rsi trend line will be retested on the wave 2 and that is the next signal. I ...
My trades by Dave
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xxDavidxSxx replied Aug 23, 2006Unless it reverses and gives a buy signal I wont get a rentry signal. CCI is and ewo are both already in sell mode and the price remains under the pivot wich is 1.2805. I am going to use a different entry method on this one. I have fibo arches, ...
My trades by Dave
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xxDavidxSxx replied Aug 23, 2006Welcome to FFF. This sounds interesting. I wish you all the best Dave
WaveTrade
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xxDavidxSxx replied Aug 23, 2006I have been checking out this custom indacater that was given to me a few weeks ago to see how reliable it is. It Identifies waves 1 and 2. Gives a pivot and overall direction. So far it seems pertty good. When you see it identify wave 2 it seems to ...
My trades by Dave
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xxDavidxSxx replied Aug 23, 2006The bottom was breached on this fast pull back. But I am not a break out trader. After poking through the 1.2780 bottom it bounced. So was this a valad break? Not yet. Dave
My trades by Dave
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xxDavidxSxx replied Aug 23, 2006No trade yet. pivot was crossed and ewo signalsd long nut when CCI met with "0" line it pulled back really fast back below the pivot. heres chart Dave
My trades by Dave
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xxDavidxSxx replied Aug 23, 2006Here is how I determined the bottom, in addition to support. In the first green box is 5 waves down in the last leg of trend wave. The first red box in the start of the correction is 5 waves up (A) wave The purple box is 3 waves down(B) wave. ...
My trades by Dave
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xxDavidxSxx replied Aug 23, 2006+26 pips 1.2816 exit...price on 4 hr chart has met with 55 ema. should find some resistance here. 4 hr CCI is at -2 so it could fail to break this level with a 0 line bounce. 4 hr ewo is in sell mode and 1 hr cci/ewo still in sell mode. I will wait ...
My trades by Dave
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xxDavidxSxx replied Aug 23, 2006This is not for beginners and I strongly advise against it unless you really know what your doing. Based on the significant support at 1.2780/85 I went long @ 1.2790 s/l was 1.2778. I was pickin a bottom. Thats why I didn't post the entry as I took ...
My trades by Dave