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Zappa replied Nov 11, 2012CHF looks like it will become a lot stronger in the short-term. EURCHF and CADCHF both look like big moves down about to happen. I just went short on a quarter position EURCHF. Stop and target on chart. Even though I am bullish EURCAD (which would ...
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Zappa replied Nov 10, 2012New target is 77.50. 79.37 did provide a weak bounce that did not hold for long, THANKFULLY. I am so tired of trades that waste my time. That's why my targets can vary widely; I try to take the most I can, but I want out before a time-wasting ...
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Zappa replied Nov 7, 2012This anticipated rally is the last hope for bulls. There will probably be a little buying there, and once that fizzles out the market should free fall down to 77.30, which is my new target. It looks even more likely to be touched.
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Zappa replied Nov 7, 2012Looking back at the EURJPY trade, I see my target would have been hit if I had not bailed out at +22 in favor of the CADJPY (chart). I'm OK with this, though, because EURCAD looks like it has bottomed. CADJPY should be good to go from here, and the ...
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Zappa replied Nov 7, 2012What a cluster this has been! I connected the turning points to the high/low they took out. This could be a BIG move, but I'll try to refrain from getting greedy. Hopefully this latest high is the last, because if it's not I am probably wrong for ...
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Zappa replied Nov 6, 2012I'm still short this pair, but I was questioning this outcome today and would have preferred to get out at the last marked reversal. Re-entering short at 81.10 would have been ideal. Maybe if the other scenario occurred first, the result this ...
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Zappa replied Nov 5, 2012Not a trade I'll be betting much money with, but still looks like a good trade. Went long here.
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Zappa replied Nov 4, 2012Well, I am out of EURJPY for +22 and now short CADJPY at 80.78. I'm not going to play aound waiting for a possible entry 15 pips higher. The stop is 81.42 and the target is 78.07. That's a 1:4.2 r/r trade, and I'm as confident in this as ever. I'm ...
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Zappa replied Nov 3, 2012The plan for market opening is to exit the EURJPY in favor of the CADJPY. Both should go down, but EURCAD looks bullish to me, so CAD should fall easier than EUR. I'd like to see EURCAD fall to the level on attached chart before doing the switch. ...
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Zappa replied Nov 2, 2012Ok...in all seriousness, I awoke to dissapointment this morning (something I am all too familiar with) seeing that my stop had been hit. Yeah, it was a miniscule loss, but I coulda used a nice 1-2 punch going into the weekend. My stop getting hit ...
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Zappa replied Nov 2, 2012But now it's back where I got in and I'm not sure what to think.
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Zappa replied Nov 2, 2012..but then I watched as it came back down, and I was like this..
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Zappa replied Nov 2, 2012After seeing the spike up after I had just went short, I was like...
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Zappa replied Nov 1, 2012This is my updated trade plan. I'm aiming my dart at 104.22 (my actual sell limit will obviously be a little lower to accomodate the spread), with a stop at 104.41. I am 100% confident in both the turning point and the target. The r/r is way better ...
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Zappa replied Nov 1, 2012OK...this is a trade that can be better than 1:3 r/r. Sometimes rules are to be broken.
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Zappa replied Oct 31, 2012You see, in the CADJPY, I didn't respect the bottom red line as a major turning point. If the market had turned at the top red line, I would have probably been bearish. I must give both lines equal weight.
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Zappa replied Oct 31, 2012CADJPY is doing the same thing as EURJPY. It actually has a better r/r at the moment. Well, we'll see what happens. I've sucked balls lately, so I'm probably way off. Red lines are stops. Yelow lines are both possible. Not giving the bottom yellow ...
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