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Petefaders replied Feb 16, 2009alot of buying volume here, e/u shorts are off the table atm.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 16, 2009You are correct sir, I should have been happy with what I got and not jumped back in..DISCLIPINE!, lol.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 16, 2009what's up lurkers..do you think it will drop for me?
Petefaders Journal & Open Discussions
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Petefaders replied Feb 16, 2009out +10, saw some things i didn't like, so taking pips. daily pips: +55
Petefaders Journal & Open Discussions
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Petefaders replied Feb 16, 2009closed 1st position +11, other at BE (ode to shakes, lol)
Petefaders Journal & Open Discussions
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Petefaders replied Feb 16, 2009short 1.2743 *second position.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 16, 2009short e/u 1.2743, aiming for fibb extension 1.2705 atm my sl is -16
Petefaders Journal & Open Discussions
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Petefaders replied Feb 16, 2009Check babypips.com, it's called a head n shoulders. It's a very informative beginers site, and you wont have to "search", it's all there.
steelhead trade journal
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Petefaders replied Feb 15, 2009Now forexGemeni is trying to get ME banned
I guess that steel, I mean nwsucces, I mean ForexGemeni has nothing left to do but that, to attempt some kind of revenge. ...keep an eye on him guys. 
steelhead trade journal
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Petefaders replied Feb 15, 2009Don't worry about the questions, it's fine.. In an up move: I would define my reversal signal as, equal or higher volume on red candles, compared to the recent volume of green candles in the up move, say 5 to 10 candles back. (on 1min) remeber if ...
Petefaders Journal & Open Discussions
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Petefaders replied Feb 15, 2009Here is an example of red candle "wick" buying today..which is also why I took that last long: Look at the 1 min, candle 02:22..(about 40 mins ago) thats buyers coming in on a forimng red candle, pushing it up and creating a wick..sorry no chart atm.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 15, 2009Hi, Sabre. You are welcome anytime. Yes, you are correct in your example. Two, 1min red candles with healthy, or higher than recent average vlme is my official signal for reversal, but I bend the rules sometimes..it takes time to read correctly into ...
Petefaders Journal & Open Discussions
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Petefaders replied Feb 15, 2009out +2, too slow..will wait for things to pick up. daily pips: +29
Petefaders Journal & Open Discussions
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Petefaders replied Feb 15, 2009sl = 4, will look to maybe trade g/j after this..too slow.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 15, 2009I'd be a bit more comfortable if the lurkers posted..ask a question, tell a joke, ..whatever.

Petefaders Journal & Open Discussions