That's a sizable miss so yeah very good for AUD.

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Easy peasy... image

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Anything could happen but im not surprised if this thing rips faces and goes straight up.

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I could see what your long game was on it. I'm keeping an eye on it here. It very well may resolve to the upside, but it was looking pretty stretched and now going sideways. Tonight's data may be the deciding factor.

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You could create a thread in the Trading Journal section for your followers, put the link in your signature as well. Cheers!

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That's a discretionary trade for your contest, nothing to do with what were doing here. You should just keep those trades to yourself and not post. Good trade tho, cheers!

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I use the Nostromo one linked here: url

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No. Many have tried. What you will find is you will get sucked into a deep drawdown before it turns. There's much more meat (hundreds of pips) to trading on the weekly pivots. I often use the 4H TF and find it works fine on the weekly. Also go ...

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I agree, this is a common occurrence and something that has to be taken in consideration. Even with futures, volatile events can push price past your limit with no fills taken at all. Fills getting moved past your limit is very common. Its the ...

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Here's a visual representation of the ADR at work. Price bounced off both sides. image

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In addition to what Swede mentioned, watch how price reacts on next week data releases posted on the calendar. I only concern myself with medium and high impact. Download the CNBC app, it'll notify you of events. I also have various twitter feeds ...

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I know the feeling. I know whenever I try to take on a Gold trade I expect to get kicked in the nuts.

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Gold had a lot of air to its previous low. image

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That is a risk that is up to the individual. I usually abide by such rule but I was particularly interested where NC was currently sitting. What I expected was a spike up and then down. What happen was a straight plunge.

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Well im usually looking at price builds late into the week. AN is not a good example as it made it run earlier in the week. So if one was to fade it then the time would have been shortly after the price exhaustion, and or wait for retest of the high. ...

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These types of setups are the lowest of the low hanging fruit. Easy to spot and highly profitable.

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Here's another example of price structure following a typical pattern. Price was "Marked Up" late into the week and then failed to break above R38 of the following. Each successive week it continued to fail R38 break, until a "Mark Down" late into ...

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IMO just disregard it all together. Better to use your mind then a script for trade management. Also never been a fan of BE SL's, as price will always have a chance of revisiting your entry before making its positive move.

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Well done, and yes it is all about timing and location.

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$$$ Raining from the sky lol

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