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xxDavidxSxx replied May 23, 2006-14 pips. Sitting this out now my bull bias was just blown out the water. Waiting for market to settle down. This kind of move happening after NY close is very rare I only remembaer it 3 times in a year. this is usually a dosile time in the market ...
My trades by Dave
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xxDavidxSxx replied May 23, 2006-10 pips s/l hit. big sell off at yesterdays high.... o well still got 10 for the day. Dave
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xxDavidxSxx replied May 23, 2006Also price 1.2830 is supported by 8 ema on 4 hr. A 4 hr close below here will take pressure off the up side. Dave
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xxDavidxSxx replied May 23, 2006s/l taken at be new long from 1.2830 s/l 1.2810 target open my entry is about where the bottom bolli is on the 30 min and 1.2820 id bottom bolli on 1 hr. Dave
My trades by Dave
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xxDavidxSxx replied May 23, 2006yea the market is also finding a top trend line on 4 hr chart on these rallys to 1.2860 range.. But looking like its preparing to break it. Heres 5 min chart on wave count. Dave image
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xxDavidxSxx replied May 23, 20061.2850/54 resistance found on the 1 hr boli band. Break above and an hourly close will confirm a further move up. and possible retest of yesterdays high. Dave
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xxDavidxSxx replied May 23, 2006wave count is on the 1,5,10 min charts. Cann't post one yet. the 30 min 1 hr charts won't show you any thing
My trades by Dave
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xxDavidxSxx replied May 23, 2006wew! that was fast move. and now in at long 1.2834 when the price closed above the 8 ema on the 1 min chart. Now waching for it to close above 8 ema on the 5 min. Still looking like a wave 2 correction. Dave
My trades by Dave
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xxDavidxSxx replied May 23, 2006This bounce could be a wave 1 impulse wave. (1.2806-1.2862 wave 1) mabe Looking for a retrace to enter on at the bottom of wave 2. for a long. Dave edit: enter long between 1.2830 and 1.2840. provided it finds support there.
My trades by Dave
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xxDavidxSxx replied May 23, 2006I pulled that where I did because It came back on the daily 4 ema. Dave
My trades by Dave
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xxDavidxSxx replied May 23, 2006we got our drop to 1.2832 range. Now price is being supported by the 4, 8 daily ema. We need a daily close below 1.2800 to confirm the down side. The price could go up from here and go for a 1.3000 test. Dave
My trades by Dave
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xxDavidxSxx replied May 22, 2006tops are hard to pick. I do, but lose a few befor the big retrace sometimes. The key is to find the point right befor a 5-10 pip move. so when you enter you are in small profits from the start. And your entry is on top of resistance or support so a ...
Low Risk, High Reward Trading Experiment
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xxDavidxSxx replied May 22, 2006check this out. tripple triangles example for all......whats it mean? I dunno.....lol neither does the market Dave
My trades by Dave
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xxDavidxSxx replied May 22, 2006pt: 1.2863 gonna leave this alone. Price has some working out to do. Now its nice and aligned to break 10-20 pips up. But not gonna take it. Will probly settle in a range. But now its a guessing game on an intraday level. Hovering just above that ...
My trades by Dave