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Magix replied Nov 16, 2009I don't want this to come out like an "I told you so", but will apologize in advance if it does. This has been a great day to play longs and again for assuming and playing the trend. No, I didn't hold from bottom to top, but I did play the safety ...
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Magix replied Nov 16, 2009I can barely remember the names of the regular posters in here, and take all stats with a grain of salt. I wouldn't wish to take away from the other long term successful traders, but would like to offer that just because you can watch a chart go ...
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Magix replied Nov 16, 2009Lessons I have learned. Indicators that work on the shorter time frames seem to work much the same on the longer ones, the difference is the amount of movement, and the time of the hold. I would rather be wrong on a shorter time frame and lose a ...
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Magix replied Nov 16, 2009I took a long on the bounce off the 200 EMA on the 1m chart. Have cashed out another 26 and will wait for things to simmer down some. Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
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Magix replied Nov 16, 2009Nav... The thing is, I don't play the shorter term time frames because I lack the ability to forecast off of the longer terms. I trade off of the shorter term because this is a style suited to the time that I can commit to market. I miss a lot of ...
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Magix replied Nov 16, 2009Nav...check back, a waaaaaaaaaaaaay long time ago to when I started posting on this thread, because you asked me the same question. Put the OSMA and MACD onto your chart. See what happens when the OSMA confirms direction with the MACD. They are 2 ...
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Magix replied Nov 16, 2009I am really not trying to slam you nor insult your logic or reasoning. I think if you take some time and read through the information that I post and the responses, it is not to pick a fight. Giving the chart a quick look...Since it's last retrace ...
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Magix replied Nov 16, 2009It wasn't a bother, just seemed to be more of an incomplete chart and analysis. You have drawn the current trading channel...there is nothing wrong with this. This is a place to discuss ideas, trades and logic. Don't be sorry, and don't be afraid to ...
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Magix replied Nov 16, 2009I am not looking for justification to your logic. I've had the same logic, played it, lost to it many times. Earlier I believe you stated that you took 62 pips. Very nice score. Once again, when you first started discussing what the top might be and ...
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Magix replied Nov 16, 2009I was only trying to offer up a different logic. I agree, Play the system that works for you, until it doesn't work no more. The current trend is long, which would make you playing counter trend, this can make for a really rough ride and win loss ...
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Magix replied Nov 16, 2009CHA CHING! Easy money there. Tapped out 3 plays 64 total, but hey, I just woke up. Will watch for entry on the 200EMA 1m Chart.
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Magix replied Nov 16, 2009OSMA just crossed to positive on the hourly, playing it in confirmation with the MACD and the fact that we are in an uptrend.... Caution should always be exercised.
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Magix replied Nov 16, 2009This is the point I was shooting at frito. Trading the direction, playing the trend. I am not going to give a top forecast, I am not that good, but I will play longs until it's time not to.

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Magix replied Nov 16, 2009Does this mean your long as of current? Or are you sitting out, believing that we will hit 1.68 and do a massive reversal?
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Magix replied Nov 16, 2009Quite quiet indeed! A lot of the bullish days, a room that has a bearish tendency typically goes silent as folk are taking a moment of silence for their accounts and praying for better days. Just a thought...

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Magix replied Nov 16, 2009And I am outa there, and outa here! Good luck for the rest of the evening guys. Don't break nothing whilst I am gone!

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