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Shermenator replied Feb 15, 2012EURUSD — I have now update stop again ...Hope I am not cluttering image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 15, 2012EURUSD — Alright I have now moves stop up I am over 1 to 1 image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 15, 2012Well in general I am focused in taking my shorts in the gbpusd ( missed it today) but that was the pair showing the most weakness against the dollar. The audusd is the strongest pair against the dollar in general. So I would prefer taking my long ...
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 15, 2012EURUSD — I am currently long in the eurusd.... image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 15, 2012I like it ...I prefer the same trade but on the gbpusd due to the fact the gbp has been selling off more lately (euro is a little stronger compared to the gbp)
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 14, 2012GBPUSD — My short position has been trigger I will now start watching price action to determine If I should take a trade against my trade... image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 14, 2012GBPUSD — I will be looking to sell the pullback to the breakout point (swap Level) image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 13, 2012AUDUSD — This level looks sexy only problem I have is that the other majors pairs had a bigger drop yesterday, so I might be more inclined to seek a supply level in one of the other pairs. Since more buyers put up a fight here image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 13, 2012Also look at yesterdays daily candle see how price is leaving a long wick rejecting higher prices .....Showing us weakness to the upside.
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 13, 2012Audusd Check this out ....I see price entering larger timeframe supply image I also understand that the daily chart is in an uptrend but you can also see how price is neglecting staying above previous highs in the past showing sellers coming ...
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 13, 2012If I try and counter this it will probably be from a higher timeframe...( it takes a larger demand zone to stop a train)
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 13, 2012Hey bud if you dont mind me giving you my thought here.... Focus on keeping on pushing in the main direction not against it . You are attempting to counter the falls ....Selling is just higher probability(at least from this timeframe) image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 13, 2012EURUSD — Alright I just woke up and my short position has been closed
got 3 to 1 image B.S. Trading with Kenneth Lee
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Shermenator replied Feb 13, 2012EURUSD — I have now brought my stop down to protect profits....I will now let it run image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 13, 2012EURUSD — Alright I have now moved my stop to break even.... I am currently up 2 to 1 in my trade image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 13, 2012EURUSD — I have shorted this pair ....like the price action taken place at this supply level. I initially did not like the level enough...but now that the bulls have shown weakness I have shorted.. image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 13, 2012i have now closed this trade with a loss...will be looking at price action to determine if it was stopped out just to take out the stops and I will make a decision to reinvest or not depending on the price action.
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 12, 2012AUDUSD — I am now currently short in this trade like the previous price action and the story behind it....Good risk to reward ( I only have to be right 20 percent of the time to break even on this investment ) image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 12, 2012Yea I see my broker opens up a bit earlier...and good luck with your son. I remember when all of my friends started to enlist about4 years ago when I graduated from high school (I am now 22)
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 12, 2012EURUSD — I have now closed my eurusd long
got 4 to 1 I can now afford to lose 4 times in a row to go back to break even (money management is the key) image B.S. Trading with Kenneth Lee