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clockwork71 replied Jul 9, 2015Just read something that I posted ages ago. Take a look, its actually good. (Sometimes the sun will shine on even a dog's ass.) url
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clockwork71 replied Jul 9, 2015I like going long USD/JPY at the moment, mainly because a lot of this pull back was due to the EU situation, and there are now reports that the Greeks are starting to rethink the "no" position. Any good news should send this pair higher, as it is a ...
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clockwork71 replied Jul 8, 2015I have said this in the past to several people: If you start out with a small account, you can always add to it every month or whatever. It compounds, like any other account. Nice looking trade. Chris
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clockwork71 replied Jul 8, 2015The first question isn't that easy to explain, but in essence, you have to trade with a little wider stops in sideways markets sometimes. To be honest, using a higher time frame chart can help in sideways markets. As far as risk is concerned, you ...
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clockwork71 replied Jul 6, 2015The answer is that I will use the appropriate stop loss levels based upon the weekly S/R lines.......
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clockwork71 replied Jul 3, 2015Gold markets formed a hammer on Thursday, but then tried to break out above it on Friday. There wasn't much in the way of volume obviously, as the Americans are celebrating Independence Day. Now that we have this set up, I think that a break above ...
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clockwork71 replied Jul 3, 2015I still think that the USD/SEK pair is trying to turn around and start selling. I think it will be a bit volatile, but the pair looks as if it is trying to follow the channel. The 50 EMA is starting to cross the 100 EMA, which is the first sign of ...
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clockwork71 replied Jun 29, 2015Honestly, the start. I mean, there are a lot of good ones from time to time, but a lot of crap too. :-) Truthfully, I just got back into the forum itself recently. I have still been trading, but really busy. Welcome, and feel free to ask questions.
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clockwork71 commented Jun 29, 2015There is only one reason: The buyers won.
5 Reasons Why EUR/USD is higher after the Greek escalation
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clockwork71 replied Jun 29, 2015I agree......however I am trading smaller positions at the moment...... It might be the end of summer before we break out, but we should eventually get higher than 125..... Chris
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clockwork71 replied Jun 29, 2015More Greek nonsense. In the end though, you can see they are trying to buy Euros again. This came down to the sides not reaching an agreement over the weekend, and with the closing of Greek banks.....never a good sign. However, they will figure ...
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clockwork71 replied Jun 28, 2015Yeah, I would say another thing to never forget to look up is the various central banks. For example, a lot of the info I got on the Rand was directly from the S.A. central bank site.
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clockwork71 replied Jun 27, 2015Want to see a great trend? Here it is: USD/ZAR.... image The South African economy is growing, but at 1.4% estimated for the year in 2015. With a 25% unemployment rate, they need growth at 5%. In other words, it's a bit short at the moment, and as ...
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clockwork71 replied Jun 26, 2015The CAC looks juicy at this point. I think I am going to look into an ETF as it looks "buy and hold" The hammer from the last week has been not only broken to the upside, but it was a gap. On top of that, the candle went all the way to 5100. I think ...
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clockwork71 replied Jun 25, 2015If this kind of action holds for the day, we could see a nice trading opportunity to the upside. 141 is the top of the range. I think we will eventually go higher, but in the meantime it is all about the consolidation.....EUR/JPY daily image
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clockwork71 replied Jun 24, 2015Still waiting to see is USD/SEK will break down. This week has been positive so far, but Wednesday wasn't exactly impressive. This is the weekly chart: image
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clockwork71 replied Jun 24, 2015Fundamentals are tricky to be honest. I mean, there are a lot of ways to read an announcement. To be honest, I think if you look at the reaction to news events, quite often the "true" move doesn't happen for a while. In fact, most of the time I find ...
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clockwork71 replied Jun 23, 2015Update on one of my favorite indices at the moment: Nikkei 225.... We have just reached a 18 year high as we are approaching 21,000 yen. Still long EWJ.
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clockwork71 replied Jun 23, 2015url This is an example of what I do now. I am actually an analyst for several companies as well.... Chris
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clockwork71 replied Jun 23, 2015I am not sure what you mean by which Interactive Broker? this is the link to who I use...... url As for buying at 1.10, we will see on how the market acts, but its a thought, yes. I also think that buying, holding, and adding above the 1.15 is my ...
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