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mbqb11 replied Jan 9, 2007Now here we are zoomed in. This is a great way to trade off a daily mindset. We had a retrace touch the 61.8 exactly, now we try to find confirming price action.
james16 Chart Thread
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mbqb11 replied Jan 9, 2007ok i lied im making one trade. since we didnt get the break of the USD/CHF daily never got to short it but now were back to the 61.8 with a pin on the 15min. Low risk high reward potential. It really is best to wait for these pins to show up on the ...
james16 Chart Thread
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mbqb11 replied Jan 9, 2007if anything we have a small 4 hour pin forming off a support line, when broken would be the best idea for a long. I'm not trading that, but just some info
james16 Chart Thread
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mbqb11 replied Jan 9, 2007I am not quite sure what you are basing that on? Best, Mike
james16 Chart Thread
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mbqb11 replied Jan 9, 2007Glad this is the day I passed out catching up on all my sleep. Looks like a lot of work for not much on the charts eh?
james16 Chart Thread
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mbqb11 replied Jan 8, 2007hey ghost, The term you put up there isnt correct. That is simply a TBH(two bar high) Go back through the thread for examples of what I am assuming you are looking for is a DBHLC There are many pages with examples here. I know this thread is long ...
james16 Chart Thread
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mbqb11 replied Jan 8, 2007Although I was in the swissy earlier then this trade, I saw the same things developing on the pound. This just helped reinforce the trade I was in.
james16 Chart Thread
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mbqb11 replied Jan 8, 2007Hey seek, I don't think its ever late to post. It helps everyone develop. Although I stuck to just the USD/CHF today You could have traded the pound a few ways I'd like to show how. Here first is a chart showing the trendline we were bouncing and ...
james16 Chart Thread
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mbqb11 replied Jan 8, 2007it is the same thing, just a different way to view it. Habeeb uses candles. I prefer Bar charts. However helps you see it more clear. I used to use candles, but have enjoyed the switch to bars. Best, Mike
james16 Chart Thread
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mbqb11 replied Jan 8, 2007BUOVB=Bullish outside vertical bar and BEOVB= Bearish outside veritcal Bar DBLHC= Double low higher close DBHLC= double high lower close
james16 Chart Thread
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mbqb11 replied Jan 8, 2007I took profit at the monthly r1 on the USD/chf for +40ish wondering if anyone is holding this trade through thre 4 hour and daily pin. I am gonna look for a better price to re-enter without giving up my profits also this is my 400th post so lemme ...
james16 Chart Thread
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mbqb11 replied Jan 8, 2007hey sch This is how i traded trying to get in earlier, but could be a trade you can hold as it develops. Once again it is more safe to wait for these higher timeframes like you are doing!
james16 Chart Thread
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mbqb11 replied Jan 8, 2007I HATE the giants! and the jets! it was a good day for me. Sad day that I am a Vikings fan lol Go figure
:Cable Update (GBPUSD)
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mbqb11 replied Jan 8, 2007I'm a NYer so I guess your all waiting on me, hmm lets see Up or Down...maybe sideways and screw everyone

Cable Update (GBPUSD)
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mbqb11 replied Jan 8, 2007I am not bias either way, if we break this trendline and it retests it ill look for price action too go long nothing to do yet
Cable Update (GBPUSD)
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mbqb11 replied Jan 8, 2007no worries seeking , I also took the 15min pin on the gbp and the jpy at same time. The usd/jpy made up for the gbp loss though. That's the problem with the smaller time frames and why its best to stick to the higher ones for the PA bars. Especially ...
james16 Chart Thread
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mbqb11 replied Jan 8, 2007according to your chart that was a neutral bar. The close and open where located in the middle of the bar, showing indecision. Ideally we want the close to be higher then the open when looking for a long and both open adn close to be in the upper ...
james16 Chart Thread