Maybe I'll make a set-up like this for longs in EU. I think for the longer term there is way more room to the upside while I think that the downside is limited. When the money printing in the US starts because we can't borrow all the money we need ...

EURUSD

You are absolutely right I think I proved it with the GJ trades, but I want a little bit more profit then you can make this way. I'm aiming at 2.5 % per week and I couldn't get that with the way i traded gj

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I was trading micro lots there. Now I trade mini lots thats why i switched to EU coz I don't want to trade multiple mini lots GJ, too risky lol

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Lol, in GJ I did about the same as you do. I had long trades from early Nov 08, around 1.50 / 1.49 area, I kept them all the way through 118.80 (yes 3120 pips negative) and i recently sold the whole bunch with a nice profit. Obviously I didn't use ...

EURUSD

That won't help you here, coz I have a long trade open (target 1.3540) and I have a short trade open (target 1.3300) so how are you going to take a trade opposite? But if it helps, yes my bias is definitely down as I showed in my chart earlier. ...

EURUSD

With your system it should make no difference at all where it goes, you'll make profit either way it goes, so yes, you should use a coin or go long and short.

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Totally agree

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Oanda is not a real market? Give them a few years, they might be the market leader.

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Of course it will GAP Oanda did not gap like usual, but lets see in 3 hours where it is and then we'll know what the "GAP" is.

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wow, Oanda started the week with a 40 pip drop

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I totally agree. And who knows, if this bearish move is big, and for a couple of weeks, it might be the last big bearish move we will see in a long time. As time flies, and we get further into the Obama spending plans, we will undoubtedly face some ...

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Why do you think it will get that high? I only see a very bearish pattern at the moment.

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Just look at the yellow channel. But it might go up only to the white TL @ 1.3530 and then go down.

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Target 1.33 — We will probably go up first, (1.36?), and then down to 1.33 IMO

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Took profit for 10 pips on the last one and 56 pips on the first one. Gotta go to sleep. Don't trust it over night. Nice profit for the day. Happy pipping for all of you. Shamu

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A new short @ 1.3516, target the same 1.3525

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Took part of profit 1.3592, exactly fib 23.6 I'll add another short if it goes up from here.

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Down we go!

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Just one thing changed in my trade: Its not a gamble anymore. Target still 1.3520, s/l at a little gain.

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Target 1.3520. Its kind of a gamble but who knows. Momentum is definitely down and it looks oversold on the 1 hour and the 4 hour.

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