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steelhead replied Jul 10, 2008June 26th on the e/j or around that time on your four hour chart the e/j made a high of 169.45. If you are going to short it at 168.86 your stop should be above the high. Not right on it either to easy for it to shoot up a bit past then drop. 20-30 ...
USD/JPY Discussion
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steelhead replied Jul 10, 2008Yes your stops are way to close. 13 pips how do you give a trade anytime to breath at that rate. 13 pips is noise nothing more. If you entered at 168.86 your stop should be above 169.40 to give the trade time to play out. You have the right ...
USD/JPY Discussion
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steelhead replied Jul 10, 2008My two cents like anyone cares. Get away from your charts its slow right now. Go do something that you like doing come back when market is moving.
USD/JPY Discussion
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steelhead replied Jul 10, 2008Clouds not the time to be trading right now. Wait for the volume to come back in the market. I usually go play golf or go fishing this time of day.
USD/JPY Discussion
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steelhead replied Jul 10, 2008Like I said just my opinion. Still waiting for 110 on u/j that dove has now been predicting for over a month. We could ask Dove to post his results of 100 pips a day like he requested warrenforex to do. He was all over warrenforex about it. So ...
USD/JPY Discussion
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steelhead replied Jul 10, 2008Dove I dont think we are talking about the same pair. I was talking about an entry on euro/cad. It has made a high of 1.5952 on my charts. Here is my basic problem and why I come in here and talk so much. I mean this with no disrespect. You all seem ...
USD/JPY Discussion
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steelhead replied Jul 10, 2008I guess you didnt read the posts. I have said many times I like dove we just disagree. I am entitled to post as much as you are janitor
USD/JPY Discussion
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steelhead replied Jul 10, 2008going to sell the e/j at 169 to 169.50 will wait and see what the candles are telling me.
USD/JPY Discussion
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steelhead replied Jul 10, 2008Clouds you are right I bought at 1.5878. been in the trade all day looking for 200+ pips stops at entry now see how it does
USD/JPY Discussion
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steelhead replied Jul 10, 2008lets do a test boss. I want to take a position on euro/cad around 1.5900 to 1.5850 what direction do your indicators tell you is the right one in those areas?
USD/JPY Discussion
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steelhead replied Jul 10, 2008They do not show you the sentiment of the buyers. Cause the buyers that really move the market are creating those sentiments. They use those silly indicators against you. They know how you trade and they will get you on the wrongside of the trade ...
USD/JPY Discussion
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steelhead replied Jul 10, 2008lol again indicators work im rollin over in my chair. Dove and I have discussed this many times. I like dove we just disagree, but make no mistake about it indicators don't work if you want to truly learn how this market works. Inicators should ...
USD/JPY Discussion
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steelhead replied Jul 10, 2008lol the lower band will hold it up are you kidding me. Buyers will hold this up not some silly indicator.
USD/JPY Discussion
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steelhead replied Jul 10, 2008MM is the key man. You must have atleast a 1.5 to 1 to make it work. i try for 3to1 but offcourse I don't always get it. You cant take 20-30 pip wins and let losers go 100 against you. if you are looking for 20-30 pips your stop loss should be no ...
1026 pips in a week, but no idea
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steelhead replied Jul 10, 2008When will people understand you sell as price is going up, and buy as price is going down.
EURUSD