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Shermenator replied Jan 13, 2009the larger the stop loss the lighter you go in any trade
No Brainer Trades
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Shermenator replied Jan 13, 2009GBPCHF — Nice buying shot is in the making draw your plan and make the market do what you whant....if you use candles look for the price action around this area... rember long are scalps shorts or holding postions.... image
No Brainer Trades
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Shermenator replied Jan 13, 2009Nice buying shot is in the making draw your plan and make the market do what you whant....if you use candles look for the price action around this area... rember long are scalps shorts or holding postions.... image
Fibonacci Trading with Bobokus
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Shermenator replied Jan 13, 2009GBPCHF — Nice buying shot is in the making draw your plan and make the market do what you whant....if you use candles look for the price action around this area... rember long are scalps shorts or holding postions.... image
james16 Chart Thread
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Shermenator replied Jan 13, 2009If your nervouse it means your not confident about your plan...then why trade if your not secured and your not trusting what the charts are showing you?
james16 Chart Thread
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Shermenator replied Jan 13, 2009to many buying attempts have been tried at that support meaning lots of buyers have turned into sellers ...if your looking for longs jump up a timeframe and wait for a stronger signal to not get cought on a false buying move like it has given a ...
james16 Chart Thread
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Shermenator replied Jan 13, 2009Not really scalping my friend lol....I just wait for price to do what I whant once a level gets hit and if does that I am in ...then once the pin bar is form I simply add to the price action produced to my intial entry creating the pin bar or some ...
james16 Chart Thread
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Shermenator replied Jan 13, 2009its good I am long since 129.99 remeber this is a scalp trade the rythm in the market is down at the moment ...meaning longs are scalps and shorts are holds
james16 Chart Thread
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Shermenator replied Jan 13, 2009Ill throw a trendline on once in a while but its got to be beacuse the market preety much walkrd on it ....lol like the market makes the line without me having to draw it hahah...trendlines are great tools as long as you take into consideration the ...
james16 Chart Thread
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Shermenator replied Jan 13, 2009Well heres how I do it I place fibbs at main highs and lows and I never try and figure out the once in between because I only place the once that are obviouse to every trader....I risk 2.5 percent on scalping trades and 5 percent on holding ...
Fibonacci Trading with Bobokus
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Shermenator replied Jan 13, 2009Once a trendline is crossed several times from side to side it means its loosing respect ...meaning less attention of buyers or sellers around ...when this takes place it removes some probabilty of the trade being good...just my opinion...
james16 Chart Thread
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Shermenator replied Jan 13, 2009In my opinion try and draw your fibbs like other people would....the way your placing them might not really have a meaning to the market since they might not hold as much streght meaning not enough limit orders being placed on that
Fibonacci Trading with Bobokus
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Shermenator replied Jan 13, 2009thats good...always do the oppositte of what 90 percent of the people do ...remeber only 10 percent win lol
james16 Chart Thread
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Shermenator replied Jan 13, 2009USDCAD — Just won my usdshort easy trade letting the rest run image
Fibonacci Trading with Bobokus
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Shermenator replied Jan 13, 2009Just won my short in the usdcad.... letting rest run image
james16 Chart Thread
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Shermenator replied Jan 13, 2009yep your right for some reason my chart was freezing up on oil...thanks
No Brainer Trades
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Shermenator replied Jan 13, 2009Its almost good enough for me....except price has tried many buying attempts right above support meaning the buyers are spread out and not located at one single spot....it can work out though
james16 Chart Thread