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- EntropyLad replied Mar 10, 2010
I saw the 50% (1.2940) for the AUD/NZD on H4, and the NZD/CAD at 0.7250(61%). the EUR/AUD was at the 38% fib practically at the time of the NZD rate announcement. You have no fear of the news, man? You have a big, brassy, swinging ones, my friend. ...
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- EntropyLad replied Mar 10, 2010
Hey, the pictures? well, i was going to post something like this....then i change my mind: image
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- EntropyLad replied Mar 10, 2010
Well, PIPPYD, nzd/cad has now moved by + 60 pips from where we were talking about it before. Oh well.
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- EntropyLad replied Mar 10, 2010
A 1, 2, 3 formation does not require a BPC. Although now i hardly take a 1, 2,3 formation without a bpc. I like having the two together, back to back. That is just my personal preference. Another thing, sometimes, the bpc and the 1, 2, 3 are both ...
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- EntropyLad replied Mar 10, 2010
So, what you are saying is that...custos pop your cherry?.... image
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- EntropyLad replied Mar 10, 2010
What? You didnt tell me the exact time(to the minute and second), location, sitting position, standing position, and turn around, and bend over, of the trade 5hours ahead of time. I am pissed at you! Sorry...couldnt resist...hahaha. hey, no longer a ...
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- EntropyLad replied Mar 10, 2010
Nicely done, both of you. Traded the same pair(aud/usd) in opposite direction and still make money! Hmmm...trading...it is all about the timing!
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- EntropyLad replied Mar 10, 2010
I see your reasoning...what about 1.5000 instead? That will be the 50% fib level above the 38%fib level. It is the second resistance. Yeah, i guess if it get there this week, one will need to wait for a 1, 2, 3 formation instead. or, trade a ...
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- EntropyLad replied Mar 10, 2010
Did you take it? My entry was suppose to be short at 0.7255. As per my +/- 5 pips RN rule. url But i didnt take the trade though: NZD cash rate, RBNZ rate announcement coming today. Too scary for me. Unless you want to sell 2/3rd at +15 pips, and ...
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- EntropyLad replied Mar 10, 2010
Check out EUR/JPY H4. you will notice the same thing too. Man, the multitude of ideas i stole from you, custos. Hahaha. hey now! It is all custos idea, dont get me involved in all this. He is the jedi master, i am just the shemale licking me balls! ...
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- EntropyLad replied Mar 10, 2010
Lol. I think you were attempting to do the same thing with EUR/USD on H4, 4th of march, 2010. In fact, the same thing happened on the 61% fib rather than the 50% area you aimed for. Your recent EUR/USD, CHF/JPY, GBP/JPY all have certain ...
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- EntropyLad replied Mar 10, 2010
Your CHF/JPY trades looks similar to your GBP/JPY trade url Dont think i didnt notice!!
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- EntropyLad replied Mar 10, 2010
[quote=A 5;3537045] That is actually a very good explanation, A_5. The part i am worried about is the counter-trend trades aspect of it. That will be the challenge. I am privately working on something similar.
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- EntropyLad replied Mar 10, 2010
Of course, it is! You are the Custos, mfer! I would have taken that trade at 83.05(which fits into my +/- 5 pips off RN.) if i had spotted it earlier.... I got my revenge with a 1, 2, 3/ bpc off 83.85 at 9am London time today. H4/H1 trade. Thanks ...
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- EntropyLad replied Mar 9, 2010
I hardly ever post trades that have moved many pips in my favour. In fact, my last three posts involving trading setups were, #1. the USD/CAD. You can clearly see "before" and "after". And my objections. url #2. The other was the TT trades for ...
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- EntropyLad replied Mar 8, 2010
This was my point yesterday: what are your personal rules? If the trade is valid, take it; if it is not, dont take it. Stop looking for others to make the decision for you. It is almost like dealing with those coy babes at the bar/nightclub....you ...
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- EntropyLad replied Mar 7, 2010
[quote=Custos;3527919] I get you, custos, in fact, what you wrote has certain elements similar to what i am privately working on, but i can see a few problems already. The solution to it requires a highly refined reading of price action. It really ...
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- EntropyLad replied Mar 7, 2010
It seems that you dont like that fact that it breached your trendline. Then, what is stopping you from looking for another trading setup where your precious trendline is not breached? Is there any reason why it just have to be this specific pair? Is ...
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