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Shermenator replied Mar 26, 2009GBPUSD — This is something I am looking into getting myself into ... image
No Brainer Trades
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Shermenator replied Mar 26, 2009In other words I can get a pair and be in all year with out ever having to be out of it...you can just grab one pair and dominate that puppy. You never have to be out of the pair. In this case I have been trading preetymuch all the usdcad waves for ...
No Brainer Trades
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Shermenator replied Mar 26, 2009Well you see the market has differnt agendas and each timeframe is doing its own thing...when someone takes a weekly chart trade they put the trade and dont look at anything in between and just that timeframe if they dont desire to trade the waves ...
No Brainer Trades
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Shermenator replied Mar 26, 2009GBPUSD — I have cancelledmy limit orders simply because the market missed my orders by about 10 pips ...and feel very hard meaning the orders got placed below te spot I believed it should of gone to ...as well if price goes back upto that area ...
No Brainer Trades
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Shermenator replied Mar 26, 2009if your in already your not in a clear market ...I would of gotten out already...if your going to get in your trading a tight range....thats unclear...goodluck
No Brainer Trades
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Shermenator replied Mar 26, 2009GBPUSD — Here is what I am looking to get myself into ... image
No Brainer Trades
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Shermenator replied Mar 26, 2009GBPUSD — Rail road tracks in the daily chart...this is a pin bar in a 2 day chart....I am looking to position my self in the smaller timeframes trying to align the daily... image
james16 Chart Thread
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Shermenator replied Mar 25, 2009Here is a little something you guys sould read Currency Correlation January 18, 2006 by Trader Rich Some of you may not have heard of currency correlation, so I’ll explain its usefulness. Basically, the correlation number gives you an estimate of ...
No Brainer Trades
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Shermenator replied Mar 25, 2009Yep I am long in this puppy since last thursday....
james16 Chart Thread
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Shermenator replied Mar 25, 2009At that point you will be countertrending some timeframes..so it all comes down to how big is your stop loss....and how your going to manage it ( managin it is the most important thing).
No Brainer Trades
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Shermenator replied Mar 25, 2009I would just move my stop to break even ....and if anything close halve of the trade so you dont regret if it explodes up ...and at the same time if shoots down you still made money.
No Brainer Trades
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Shermenator replied Mar 25, 2009alright out of my trade with 1 pip ....now the next trade I am looking to take is the eurusd....I am still in my other longs in the usdcad at a longerterm
No Brainer Trades
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Shermenator replied Mar 25, 2009Here is my new updated picture ...I make one pip If I loose this long...I deserver 1 pip for effort worst case lol... image
No Brainer Trades
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Shermenator replied Mar 25, 2009USDCAD — Break even is now locked...I could care lss if it falls or goes up anymore... second buy limit will now be deleted... image
No Brainer Trades
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Shermenator replied Mar 25, 2009yep thats all that matters...you see I have different trades taking place in different timeframes with differnt agendas... image
james16 Chart Thread
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Shermenator replied Mar 25, 2009USDCAD — I have now placed a sell limit order to my new long postion.... image
No Brainer Trades
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Shermenator replied Mar 25, 2009USDCAD — Now my limit order got it when it moves my way I will move stop to break even... image
No Brainer Trades
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Shermenator replied Mar 25, 2009thanks...yep I am holding this for a long time...I am also adding to it as it goes my way...but I will trade against it as well ...everytime frame has its own agenda...
james16 Chart Thread
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Shermenator replied Mar 25, 2009USDCAD — Alrigt Ihave placed my new orders on the usdcad ...keep in mind tis trades are independent of my longer term trades... image
No Brainer Trades