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SidneyMagal replied Apr 30, 2020Greetings all. BIG BIG day to day, the dominoes will start to fall. I don't really have any technical analysis to add to that though
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SidneyMagal replied Apr 29, 2020Is everyone ok?? Its very very quiet in here today, maybe you've all made too much money and been banned/retired. Anyway, Ill be bust soon at this rate, so thatll be another one of us gone! Im joking of course, I hope. But has anyone noticed AUDJPY ...
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SidneyMagal replied Apr 28, 2020Agreed. At the same time though it may just consolidate, one thing I didn't take into account when I entered this and maybe a lot of people aren't looking at, is these recent moves aren't normal at all, If we are back to weeks of say 100-150 pip ...
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SidneyMagal replied Apr 28, 2020That makes complete sense, my problem is nothing with AUD has made sense for a while, off to .92000 we go! On a side note Im not sure AUDUSD will go that high, if it doesn't do you plan on taking a lesser entry or will you avoid the trade?
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SidneyMagal replied Apr 28, 2020I should add, I am one of those people, but ive no SL, Ive got a bit of spare margin and im fully aware I could be in this trade for a long time. I don't think a lot of the 80percent fit that criteria
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SidneyMagal replied Apr 28, 2020That ratio has been like that for a few days now, its crazy so many people selling something that's just sailing up without a care in the world.
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SidneyMagal replied Apr 28, 2020On AUDCAD we will be getting a new daily high before any chance of a reversal, another 30+ pips maybe On GBPUSD, fully agree that was just a stop loss hunt
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SidneyMagal replied Apr 28, 2020Greeting fellow traders, from very sunny Portugal. Im seeing a good chance these trades weve been talking about for weeks, GBPUSD long, AUDUSD short, AUDCAD short etc, are finally on the way, but one by one, USD is nosediving right now, that could ...
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SidneyMagal replied Apr 26, 2020AUDCAD on 4h, I believe this is a good example of a fractal, in the red circle you can see the low marked in orange and the most recent candle breaking the previous high. From what I understand AUDCAD will continue to rise for a while. Please ...
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SidneyMagal replied Apr 24, 2020What timeframes are people having more success with 1m, 5m or 15m? Ive mostly used th 15, had a few good trades, a couple bad ones, just tried on a 5m chart, lost the trade but I think in theory it was a better a trade, it made more sense.
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SidneyMagal replied Apr 23, 2020Thanks, ill do some research over the weekend. Im knee deep in charts well past my bed time as it is!
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SidneyMagal replied Apr 23, 2020Shhhhh, not so loud or it will fall back again!
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SidneyMagal replied Apr 23, 2020If a pair takes out the ADR in one direction, its not too far from the 200ema, and still matches criteria, is it safe to say its going to keep running or should we avoid trading pairs that have run that far? Quite a lot of what id been looking at ...
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SidneyMagal replied Apr 23, 2020Haha yeh much better thank you. Up 41 pips so far on my closed trades for the day. Hope your day is going well On a side note, look at these numbers from AUD, just crushing everthing else still....
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SidneyMagal replied Apr 23, 2020Hello everyone, Prozor, Im short AUDNZD, Im tempted to short more, this looks like a great entry point from what I can see
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SidneyMagal replied Apr 23, 2020Guys ive already been in NZDUSD once and TP was hit close to the ADR Hi, the highest orange line. Is it acceptable to re enter on the same channel more than once?? As this looks like a valid entry point. If NO because the ADR Hi is still close, ...
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SidneyMagal replied Apr 23, 2020Hello, was there any reason you didn't take entry in either of the circles? Thank you for your help
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SidneyMagal replied Apr 23, 2020Greetings all, Im currently looking at NZDUSD on 15m, If im understanding correctly there may be an entrance here shortly if the channel stays above the 200ema and we get a nice opportunity towards the bottom of the channel. For this pair, again ...
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