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coolshades replied Nov 5, 2009xaron, can i ask why you dont trade the nzdusd? secondly, i presume you close specific positions daily and open new ones? thks
$5k to infinite
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coolshades replied Nov 4, 2009we trade the trend here Dan's style :- ) counter trend trades are totally your discretion. see what i have mentioned earlier about missing the bus.
DanUK Simple EUR/USD Trading Journal 2009
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coolshades replied Nov 4, 2009for the record, i didnt take that trade. however attached chart should tell you why i would have entered at 1.47. i would also have closed that trade by now (yes deviating from Dan's method) but this same chart would tell you why i would have closed ...
DanUK Simple EUR/USD Trading Journal 2009
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coolshades replied Nov 4, 2009draw a horizontal line that touches high of 30/9, 1/10, low of 7/10, on h4 chart and see how price is reacting to that line.
DanUK Simple EUR/USD Trading Journal 2009
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coolshades replied Nov 4, 2009a close above the strong s/r line of 1.4650 ish, would have been good for me to go long at 1.47. pls note there WASNT a 50% fib at 1.47 and i think all the confusion stems from that. the 50% fib was taken only as a thumbrule to get in on a discount. ...
DanUK Simple EUR/USD Trading Journal 2009
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coolshades replied Nov 4, 2009i hope you made your money back via an AH, CR.
Trend Trading Chart Thread
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coolshades replied Nov 4, 2009if this breaks the 1.485 resistance, it might well go to 1.5.. might take a speculative long if it does so given that i missed the earlier bus.
DanUK Simple EUR/USD Trading Journal 2009
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coolshades replied Nov 4, 2009Xaron, i don't know what to read into India's buying that amt of gold at that price. one thing i know for sure: the West as we know it is Dead ;-)
$5k to infinite
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coolshades replied Nov 4, 2009i am sitting out this pair actually. am still p**ssed off about my audusd trade. oh well, another one will come soon.
DanUK Simple EUR/USD Trading Journal 2009
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coolshades replied Nov 4, 20091.4450 or thereabouts is a s/r line. i guess ic means that price could fall to that level.
Jacko's Forex House of Pleasure and Pain
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coolshades replied Nov 4, 2009AUDUSD — tale of a broker
went long on audusd at 895 and had moved my stop to b/e over night when price touched 9046. when i woke up,i had been stopped out. apparently on oanda the price reached 895, and guess where the price is now! sigh.Trend Trading Chart Thread
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coolshades replied Nov 1, 2009on my weekly charts, everything seems to be heading south, so will hold fire till morn comes.
DanUK Simple EUR/USD Trading Journal 2009
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coolshades replied Oct 31, 2009there will be some people who use jacko as a signal service (and there are many signal service providers there and many traders use them to augment their trading), and there will be some traders who learn how to trade from jacko. whichever category ...
Jacko's Forex House of Pleasure and Pain
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coolshades replied Oct 30, 2009i took profit at 100 pips since the 485 is a strong resistance level. the usdchf isnt doing too well, let's see.
DanUK Simple EUR/USD Trading Journal 2009
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coolshades replied Oct 30, 2009Jarroo, how do enter @ PA such as PB, BEOVB, BUOVB etc. is it on break of the PA or on break and then retrace, at some retrace level?
james16 Chart Thread
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coolshades replied Oct 30, 2009gbpchf stopped out at b/e. and then it rises , typical. in any case, we live to fight another day with no capital lost.
Trend Trading Chart Thread