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Stimulus replied Nov 28, 2012perfect, those are good patterns, but they dont always play out as theorized. Ms and Ws on a 30/45 degree TL work best for bounces and breakouts. I used to run an EA just for TL breaks, the code needs updated tho.
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Stimulus replied Nov 28, 2012It has been the theme for my account equity growth since 2008. Sell the rally.
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Stimulus replied Nov 28, 2012short again, 1.2945. i hit quote instead of reply to thread.
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Stimulus replied Nov 28, 2012Sorry so slow, was afk. I think the names are bullish or bearish gartley, butterfly, crab. harmonic shapes
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Stimulus replied Nov 28, 2012I like your predictions, very feasible picture you paint. Technical I think the M pattern has a name,
I just havent had time today to be a chart artist for the thread. My mums is on her way, i gotta clean up.Trading EURUSD only
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Stimulus replied Nov 28, 2012Yes, but you normally are precise on entry within a few pips, something I admire. Dont change

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Stimulus replied Nov 28, 2012Doesnt seem like him prepared to average down. He must be overbiased. sorry bro.
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Stimulus replied Nov 28, 2012For me the problem is SL. I would place a summary SL at 1.2881 on any long building. So 1.2920 is 39 pips you would have to eat if downtrend continues. I have to define risk 1st, not reward.
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Stimulus replied Nov 28, 2012I like 1.2900 long also, supported by weekly pivot @1.2903 I will start small and build a position if it seems stable.
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Stimulus replied Nov 28, 2012Oh I am not done long. Just looking for extreme selloff entry. I see manic buy or sell and then I go big. You have heard me talk about manic moves, they are the fat lady singing before a reversal or correction. Depending on timeframe.
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Stimulus replied Nov 28, 2012Ok closed for 49 pips.... almost had 50 but to slow on mouse. Looking short now with 30m fractal as immediate Res.
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Stimulus replied Nov 28, 201230m fractal about to post. I may close here since no 30m fractal since 1.2881. Still thinking, thats why I am not good scalper.
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Stimulus replied Nov 28, 2012Hola, I see long is still working. I am now looking for bigger downside if 1.3009 stays intact as previous resistance. Still Long from 1.2885 with 2/3 profit taken off original position.
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Stimulus replied Nov 28, 2012I am looking for the weekly pivot @ 1.2903 to provide support on a 15m close. If this breaks below and stays there for more than 15 mins, the downtrend will continue, IMO. Right now it, looks good for long. I do not have any risk, since SL is ...
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Stimulus replied Nov 28, 2012Midpivot and previous PA in yellow was support for today, so far.
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Stimulus replied Nov 28, 2012Your a good scalper. I am not, but I do see the method as sound for fast thinkers.
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