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- EntropyLad replied Mar 15, 2010
I get you. Like A_5 said, there is the problem of increased noise levels and SL being triggered at lower time frame. I do this myself: i can have a good setup on h1/15mins, then see where it stands in the big picture at D1 OR H4, and then use the D1 ...
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- EntropyLad replied Mar 15, 2010
hehee. Did you take the short at 2.1600? You should be roughly +200pips now. I didnt. I was away all weekend. Just arrived today. Couldnt take any of this trade this sunday. I was away. Anybody took it? You lads must have made some nice pips today. ...
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- EntropyLad replied Mar 12, 2010
Well, lads, it is friday, nightmoves is not here, before he comes back next week, i guess i am going to be a rapscalion. Here is the happy hour pic of the day. image And for those interested in brazilian...this one won the award for "best bum in ...
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- EntropyLad replied Mar 12, 2010
Closed 1/2 of my position already. I expected resistance at 0.7100(double zero RN). Today is friday. Moved the rest to BE + 2. Was in at 0.7145.
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- EntropyLad replied Mar 12, 2010
There is the trendline at 1.5030, but this is already 11am/12pm US est time. friday. Not a good time to be taking new trades. Was interested in GBP/AUD too, 1.6555, but at around 11am US est time friday is not the time to be taking new positions in ...
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- EntropyLad replied Mar 12, 2010
CUSTOS, are you still in the CHF/JPY? I am. I already moved TSL to 85.55. 2nd PT = 85.90. 3rd PT i am letting it ride as long as possible. 1st pt = 84.45
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- EntropyLad replied Mar 12, 2010
Good thing you did what you did. See that violent reversal at london open. frankfurst open push the breakout, london open reversed it strongly...but only after reaching the S/R at 1.5370. Good work on the USD/CHF. Nicely done. Did you take the trade ...
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- EntropyLad replied Mar 12, 2010
Indeed, "line CHART" picks out the most obvious S/R levels. It just nakedly prints it. UPDATE: Scan the LOBs...seems that EUR/USD and USD/CHF are breaking out...already broke out outside of LOB time frame....oh well. YUNERO probably nailed this one, ...
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- EntropyLad replied Mar 12, 2010
Sorry man, as you can see, i have been quite busy lately.... image
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- EntropyLad replied Mar 11, 2010
NZD/CAD — NZD/CAD D/H4 is getting ripe: image
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- EntropyLad replied Mar 11, 2010
I didnt. My preference was the 50% fib and its 1.5450 rn, but the breakout candle at 7am london time was too strong a momentum(one single candle to reach that point -- too fast for me. Violates rule #5.). So, i have to let that pass. the next level ...
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- EntropyLad replied Mar 11, 2010
Visualizing and recognizing S/R levels. — Sometimes, yeah. In a discussion with custos yesterday, i had to go to the weekly chart to get a good view of EUR/USD. You look at everything, then you make a judgment call as to what is important or ...
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- EntropyLad replied Mar 11, 2010
Closed out 1/2, moved SL to 1.4905. final pt = 1.4810 Yes, oanda spread is tight: url
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- EntropyLad replied Mar 11, 2010
EUR/AUD is getting ready for a 1, 2, 3, bpc. image
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- EntropyLad replied Mar 11, 2010
GBP/NZD — GBP/NZD H4 again. 2.1400 at 38% fib and 2.1600 at 61% fib. Of course, as per my rule, always go for the 2nd level. i prefer 61% fib = 2.1600. Besides, the daily indicated a dragonfly doji formation. A bullish reversal signal. Are you ...
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- EntropyLad replied Mar 10, 2010
One thing: EUR/USD is at the 61% fib on the WEEKLY chart. I will prefer a TLC of that red daily line, then go bullish; OR a solid break of the 61% fib level to the downside, then look for short again, otherwise, personally, i am leaving EUR/USD ...
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- EntropyLad replied Mar 10, 2010
Interesting...you are saying that ....S/R confluence on AUD/NZD H4, at the 50% area is anemic. Hmmm...strange, i have the opposite view. Perhaps, i am seeing things that are not there. Here is what i am seeing: image
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- EntropyLad replied Mar 10, 2010
GBP/AUD will still need to move to 1.6500(50%) or 1.6550(61%). 61% being my preference.
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