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benaiah replied Dec 9, 2014Okay, thanks for posting. But I don't think you'll find anyone who agrees with this. I certainly don't. Last 2 days have been solid price action, even during the "slow time".
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benaiah replied Dec 9, 2014If you followed posts here today, we've been making good pips on the retrace (for me, 200 so far, 30+ right now not banked yet). And the PA has been very good. I am trading off of 5 minute chart, as my prior posts have shown, as I don't see a ...
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benaiah replied Dec 9, 2014Needs to break out now, or it may fall back a bit...
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benaiah replied Dec 9, 2014Mini bear slam, but bulls still alive. Within .8 pip of my BE SL, but still in the trade. If it makes it out of this consolidation, will only solidify the move up.
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benaiah replied Dec 9, 2014Still moving up. I'll be watching for any signs of slow down, but right now looks good. SL moved to BE...
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benaiah replied Dec 9, 2014I'm also very impressed with how much movement today, even through the slow time. Was like that yesterday, so I do think we'll get a big move soon. 119.17 was key support. If it breaks that, I'm out again...
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benaiah replied Dec 9, 2014I hear ya, that's why I have an 8 pip SL. So far fight to stay above support. But I think I'm in scalp mode until I see a solid signal on higher time frames...
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benaiah replied Dec 9, 2014Will give it another chance to recover, as I see it trying to find support at 119.17. So, entered again at 119.25 with SL at 119.166
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benaiah replied Dec 9, 2014Looking a little less bullish on m15 now. Went ahead and TP. Standing aside until I see a good signal
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benaiah replied Dec 9, 2014As posted already, 120ish area is the key level I'm looking at that will really test whether we continue up, consolidate, or fall back a bit...
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benaiah replied Dec 9, 2014No decisive rejection yet, but so far M15 still clearly showing bullish consolidation. Should be a move to 119.9-120 soon...
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benaiah replied Dec 9, 2014Yep, didn't see your post, before I posted mine. We're watching the same thing...

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benaiah replied Dec 9, 2014Need to see a rejection of 119.42-52 area. Otherwise, I'll TP and wait for next signal. With this strong move up, I'd be satisfied with an engulfing bar or pin on M15 showing a rejection of this area.
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benaiah replied Dec 9, 2014119.52 was broken pretty easily, so a good sign, and now consolidating above it. Just need it to reject/break long for confirmation. If it breaks long, next barrier is 119.90-120 area...
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benaiah replied Dec 9, 2014
looking good so far, but I still need to see some support levels supported, and resistance levels broken, then turned to support...Bull City Baby! Buying Opportunities
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benaiah replied Dec 9, 2014Yes, exactly. And that is one very important reason I started this thread, as there is way too much distraction in other threads with all of the conflicting ideas, and games that some members play. That is also why I will continue to exercise a very ...
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benaiah replied Dec 9, 2014It has also been said you should never add to a losing position. There might be exceptions, if you are planning to scale in to a trade. However, you should never exceed the amount of risk you intended before you entered the trade.
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benaiah replied Dec 9, 2014I will also say this. Once your trade is moving in your favor, also decide when to lock in profits. Once you do that, never allow your trade to change from winner to loser. If you add to your positions, your SL should always be break even from that ...
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