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xxDavidxSxx replied Dec 2, 2005Weekly Summery... -33 losses +80 +52 +132 winnings 132 -33 +99 total winnings for the week only 3 trades...66% this week Dave
My trades by Dave
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xxDavidxSxx replied Dec 2, 2005My thoughts are that the bottom continues to hold, so just like you assume a trend is in tact untill broken, I will always assume a bottom is in tact untill broken. I trade failers not breakouts. Market moves sideways 80% of the time. As it ...
My trades by Dave
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xxDavidxSxx replied Dec 1, 2005I am gonna enter long as close to the low as possible. And s/l below 1.1675 Try to any way. Dave
My trades by Dave
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xxDavidxSxx replied Dec 1, 2005Here is chart. I would lock in some profits and let trade ride. got 3 possible stops depending on what you want to lock in. 119.90, 120.10, 120.20. I would go with 120.20 myself. Dave
My trades by Dave
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xxDavidxSxx replied Dec 1, 2005OOps I posted wrong stop. No big deal on this one I am still in my stop is 1.1750 not 40. Its at an entry point if 7/10 don't cross up on 1 hr. Or a long if it crosses. A wave 2 could retrace 80% alot of the time. Dave
My trades by Dave
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xxDavidxSxx replied Dec 1, 2005Here is a screen shot. If its not readable its ecb rate announcement happened today 8:30 est. Your long usd/jpy shoulda went ok depending on entry. Dave
My trades by Dave
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xxDavidxSxx replied Dec 1, 2005Bea, Your long trade was well exicuted. Your really catching on to my technique on catching a retrace or bounce. One thing happens always. Theres always a retrace or the market would always go 1 direction and never stop. Dave
My trades by Dave
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xxDavidxSxx replied Dec 1, 2005I almost have a 7/10 cross up on 1 hr chart. If it crosses and stays crossed I will pull trade. Last trade I noticed this could be a good exit indacater on a trade like this. Dave
My trades by Dave
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xxDavidxSxx replied Dec 1, 2005Thank you guys for all your kind words. Habeeb.. I started last june so about 6 months. Here is the 1 hr chart subwave count on current move. Got kinda close to my s/l. Will be nice it it would go on and complete a 5 wave pattern with out stopping ...
My trades by Dave
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xxDavidxSxx replied Dec 1, 2005moving stop to 1.1740 to lock in 50 pips thats the 50% fibo of the 1.1790/1.1690 move it just made. Dave
My trades by Dave
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xxDavidxSxx replied Nov 30, 2005Moving s/l for longer term trade. And target is open. The market has spoken
: should accomidate tomarrows news. News will probly send it down. No matter the news it "usually" holds wave pattern. DaveMy trades by Dave
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xxDavidxSxx replied Nov 30, 2005here is the 4 hr chart wave analisys. this suggests a large wave down the subwave is a wave 3, so is the overall trend wave. Looks like wave C is completed on the over all trend wave 2. Dave
My trades by Dave
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xxDavidxSxx replied Nov 30, 2005Yea I'd take that trade if I didn't already have a short in eur. Heres chart. good eye on spotting it. I like the double top it offers. don't expect it to 100% retrace until it passes 61.8% fibo. The 50% fibo is 1.7244.. Dave
My trades by Dave
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xxDavidxSxx replied Nov 30, 2005I was at work. At 10:30 EST I checked my trade, moved the s/l and locked in 80 pips it was into 100 pips at that time. Judging by the candles the move was made on the report. Thats all I know. Dave
My trades by Dave
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xxDavidxSxx replied Nov 30, 2005Man Bea that is great, I am glad that my posts and trades are bennificial to those reading. If they weren't then I might as well just keep a paper journal. One day mabe ten years down the road I'd like to teach and also provide highly accurate tech ...
My trades by Dave