I hope I am not boring anyone yet with my play by play

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That last M5 candle closed below our trendline, the spike was only caused by NY close and the buyers are still staying away waiting for a better entry (as I am since I am a trend trader and only rarely countertrend) on our way down again. I really ...

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Decision time again, was this NY close or are the buyers using this as an opportunity to load up again? I am holding on to my shorts, you decide for yourself please, if you joined me at my point of entry we are still 15 pips in profit, not bad for ...

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There may not be but it is fun though... nice and relaxed journey this time of day, could end up as boring as watching paint dry...

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Don't worry about that spike, NY close. boys taking profit so they can go to the pub. We may see a bit of a follow through caused by mis informed buyers, we'll see shortly.

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Let's not forget the pivot.

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The next thing holding back a move down is a TL on the M15 around 4943. We'll see how she reacts when we get closer. This may turn into my personal trading journal with no intention, just wanted to share my thinking of this short as most here seemed ...

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Lovely, let's see where she goes from here.

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Yup, the question is do I take 21 pips on a handful of lots or do I see what happens... Countertrending is fun. Answer on a post card please, Actually don't bother, I make my own decisions.

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Decision time for the bears among us, 4960 is the decison maker. I see it piercing. Then again what do I know....

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Support forming on M15 at 4960, lets see how this develops.

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Well said RJ, exactly my point earlier in response to a poster asking for a consensus from us. We all see things differently, I had a get together last weekend with a few of my mates, all traders, most fulltime. It became interesting when we tried ...

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There are 121 traders on this thread now, you will not get a consensus and should not ask for it either. I told you to make your own decisions and did share my short entry with you. Go back a few pages and you will find as many bulls as bears, ...

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Consensus means a general agreement. I went short at 4982 as posted earlier, what you do should be your decision based on your informed deduction of your charts/fundies. Don't try to get an answer on a forum like this, most are BS anyways and the ...

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You will never get a consensus here.

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And you are already falling 20 pips behind the run south...

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I've got my eyes on 4919 initially followed by 4888, let's see what develops. The week is turning out quite nicely so far.

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We last saw 45 back in september, may need about 4 interest rate rises in the US before we get back there.

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What is your target?

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Agree, took my profit from the 4820 run and awaiting new entry either way.

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