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Zappa replied Feb 12, 2014NZDUSD is a good example of a pair that is fizzling out. I think it is done going up now. Top is in. I can understand shorting that pair, but I disagree with only going for such small targets. I think that is a b/e game at best. Well, there is more ...
Cable Update (GBPUSD)
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Zappa replied Feb 12, 2014I hear you. I know I can come off as cocky sometimes. I don't mean to, but I have strong opinions, I guess. When I am giving my opinion/advice I am not talking to everyone. I know there are other good traders on FF and they are probably silently ...
Cable Update (GBPUSD)
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Zappa replied Feb 12, 2014As someone else said, Tudor. I have used this quote before to defend my reasoning for picking tops and bottoms. Didn't help me make any money though. Here's the thing, I am not saying you shouldn't try to pick highs/lows. I'm saying you wait to see ...
Cable Update (GBPUSD)
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Zappa replied Feb 12, 2014You guys DO realize you are allowed to buy, right? Not that I would at this point, but every trade in here seems to be short, short, short, when price keeps going up, up, up.. I understand you think it is going to go down at some point, but after ...
Cable Update (GBPUSD)
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Zappa replied Feb 12, 2014Sarcasm detected. Cheer up, man. It ain't going to be so bad.
Cable Update (GBPUSD)
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Zappa replied Feb 12, 2014Nothing to worry about, this machine wasn't made in China!
Cable Update (GBPUSD)
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Zappa replied Feb 12, 2014Lift-off has begun. We going to the moon or to Mars?
Cable Update (GBPUSD)
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Zappa replied Feb 12, 2014BOOM! That was a nasty little sell-off. It ain't over yet, either.
EUR/GBP - What a great pair to trade!
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Zappa replied Feb 11, 2014That's a good observation about market fills and not needing to retrace. But it did retrace, and that's where we got our high at 2.0428 from. That area has no untested spots. There are no major stops there. It is definitely possible we break 2.0428 ...
Cable Update (GBPUSD)
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Zappa replied Feb 11, 2014Don't you see how weak that move was? (Shaded oval) Alright, gotta go guys. If you got any questions I'll answer later.
Cable Update (GBPUSD)
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Zappa replied Feb 11, 2014Damn, I'm just watching this pair right now as we chat---it is going to blow, lol...I'm telling you!! Alright guys, this is actually an easy one. It can be a lot less obvious in other trades.
Cable Update (GBPUSD)
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Zappa replied Feb 11, 2014Look at a weekly chart. Also, put a horizontal line at the high of 2.0428. Scroll back on the 4hr chart to where that line last hit price. Does that spot or area look like a good place for price to make a major reaction off of? Hell no should be ...
Cable Update (GBPUSD)
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Zappa replied Feb 11, 2014Ahh man...it really is a lot to spell out all the reasons why, but basically: --I like the action over the last couple days --I like the stops we took out to accumulate positions --I like where it has turned in the past (to the upside) --I don't ...
Cable Update (GBPUSD)
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Zappa replied Feb 11, 2014It's not one chart, it's looking at multiple timeframes on multiple pairs. My charts are clean, homie! Maybe a few horizontal lines, but that's it. I use logic from price.
Cable Update (GBPUSD)
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Zappa replied Feb 11, 2014Here's a flexible trader.
Willing to cut losses and change direction. Hell, that's half the battle. Good job, man. GBDUSD still looking incredibly bullish. My opinion is some of you guys taking shots at shorts for a few pips need to be a ...Cable Update (GBPUSD)
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Zappa replied Feb 11, 2014[quote=elbert3;7273760] It's not stop loss orders, it's the fact that no one is selling at these levels. Look to the past for the reason why. My opinion is you guys need to give up on shorting this pair. Do yourself a favor and buy GBPNZD and let it ...
Cable Update (GBPUSD)
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Zappa replied Feb 10, 2014It's not a 1/0.3 R/R, because the winners are usually not at full size. The losers are ALWAYS at max. size. I mean, you could make it that r/r by adjusting the target with each new entry, but he's clearly not doing that. I seriously doubt that would ...
EURUSD