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toshi replied Jul 23, 2009Well, some pips are there, but I'm not scalping this one. Before the trade was entered (atleast 2 hours before) I'd decided to committ x dollars to see the outcome. If I'd been scalping it, I'd already have covered with about 12 or 14 pips manual ...
EURUSD
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toshi replied Jul 23, 2009Am now committed to a small short around 4255. With profit already there, would normally move stop to BE, but I want to let this play out and am willing to pay the price with a predetermined stop to find out just how much these guys (and gals) love ...
EURUSD
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toshi replied Jul 23, 2009Hey I've had to deal with this since MT 3.83. , even with a 3 GIG processor, it takes up so much resources to calculate minute by minute all of those lines. Try something, would you ? and see if it works. Maybe try this during the weekend when we're ...
EURUSD
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toshi replied Jul 23, 2009inching it's way to R1 Likely buy stops above there. Those with enough steel in their balls are selling that area and scooping up those stops. Money usually passes out of weak hand into stronger ones. If everybody won, the game wouldn't be fun ...
EURUSD
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toshi replied Jul 23, 2009For those keeping score at home...... That was a modest rejection of 14250. Most likely, they should try again. At least once more. Lot of moolah at stake here..... Would you give up if you had all the money in the world ? (Banks) And could move ...
EURUSD
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toshi replied Jul 23, 2009Well I didn't want to just flat-out guess so, I asked a bear. Remind you, he's a real bear, not one of these yogi boo-boo types and he's even more bearish than most of the people in here selling tonite. Go ahead Bear, speak your peace:
EURUSD
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toshi replied Jul 23, 2009It's worse than a frightened turtle....and I thought I was eating enough fiber.
EURUSD
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toshi replied Jul 23, 2009There is both a Daily R1 and the 1st Weekly Mid-point right in that area (4266 and 4270). 2 resistances stacked on top of each other.
EURUSD
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toshi replied Jul 23, 2009I've been keeping a 9 period RSI up this week to look for something. Personally, I don't like indicators in general because 1) they lag, sometimes until the entire move is finished and 2) the general public often trades with indicators and they ...
EURUSD
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toshi replied Jul 22, 2009I'm gonna try to put on a small sell in here. I'll maybe be willing to throw one more piece on somewhere between 4260 and 4280 in the case that price overshoots and the channel gets redrawn. Stops will start out above 14300 on the first lot and ...
EURUSD
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toshi replied Jul 22, 2009Well, I HAD to remove the frontal elephant nudity, or else it would have been. I don't remember the policy on Elephant Dicks, but I used to know it. I bet the elephant remembers - they never forget. That what SHE said.....if elephants could say ...
EURUSD
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toshi replied Jul 22, 2009Well, I gotta hand it to ya. You were more accurate this week in your assessment pointing to 4250/4280/4300. I took pips selling from 4200 and below while you had TPs on the way up there. Some got filled, I guess others didn't. Still, you likely ...
EURUSD
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toshi replied Jul 22, 2009Here's what I'd tell you about that. ALL of them eventually break one way or the other. Also, sometimes what is/was once a ranging pair suddenly becomes a trending pair. EUR/GPB used to range alot when it was like 3 euros for 2 pounds. for 2 or 3 ...
EURUSD
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toshi replied Jul 22, 2009Good observation. Something like 27 pips today. Maybe 1/2 of it's ATR. Could foretell a break in either direction, since both mkts are near the outer boundaries of their recent ranges. Or, could just be a slow day in Swiss-ville.
EURUSD
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toshi replied Jul 22, 2009When you look at that daily chart (above), some ppl see "wow, it's going to the moon" others see, "holy cow, it's gonna fall on it's ass. get outta the way !" This is what makes a market. Don't cha luv it ? Stare at it a while. See if you don't get ...
EURUSD
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toshi replied Jul 22, 2009This PA above the notorious 50 FIB level makes it hard to hold anything short for more than a couple hours or so. It falls hard, recovers, gains a little, falls again, picks back up. This may be helping euro from a technical stand. Market can go ...
EURUSD
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toshi replied Jul 22, 2009Cool ! I'll see you at 81 then. Don't sell em all though. Save some for me !
Got stops moved to BE +3 on this one.EURUSD