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emda replied Mar 27, 2008I would enter a short scalp now... but I don't like the double bottom formed at 1.5725... so.. nothing..
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emda replied Mar 27, 2008I am also full time trader. about the fundamentals... I agree that it is very important... but also agree with David that with experience one can see all the complicated fundamentals in the charts... So trying to keep it simple... if one can see ...
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emda replied Mar 27, 2008my rules don't allow me to trade against the daily trend which is still up... so .. the more it goes down.. better entry... I can only enter shorts now for small scalps here and there... But I like how is being rejected from the green fork... I see ...
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emda replied Mar 27, 2008ok seems to be liking to break that level... next stop would be 1.5700 for me still waiting
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emda replied Mar 27, 2008also take note of a good level... 1.5760 which is between daily pivot and weekly r1.
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emda replied Mar 27, 2008yes... not very good news from US recently... market will wait until news to see where to go. and me too.
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emda replied Mar 27, 2008I got an infraction for speaking about the j-charts once... as if I were advertising the j-charts.. lol... I have this metatrader indicator which is similar. I don't know too much about market profile... always interesting to learn new things
J-Chart Analysis
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emda replied Mar 27, 2008the red median line.. and the green fork... did their work until London... White fork was broken down.. but we are back in... too much risk for me at the moment. don't have a clear direction... better up. but no trading right now.
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emda replied Mar 26, 2008I don't have the personality of one following signals of others... maybe I can follow an advice and see if it is in agreement with my own analysis. But thank you for telling us your secret
Not many people want to reveal their secrets here?
or ...The secret for trading
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emda replied Mar 26, 2008hey BGrigore... everybody has been in your situation...
It's nice to read you thinking and writing it. it's a very important step to move fordward to realize some of the things that you have written. also.. if forex were easy everybody in the ...EURUSD
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emda replied Mar 26, 2008good $500 invested in learning... now... tell us when you get into 600$ again to celebrate it

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emda replied Mar 26, 2008oops it is true... I used to trade GBPJPY.. so.. I still have GJ volatility in mind...
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emda replied Mar 26, 2008if you are up 10% with 100 pips... maybe you are risking too much... for my taste at least.
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emda replied Mar 26, 2008aha... makes perfect sense. Thank you now I see price crashing into two fork sides and the daily fork median... critical level. it it retraces down.. it could finally define that down fork. I'll be out for the moment also.
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emda replied Mar 26, 2008Hi David.. a question for you.. Trying to learn forks.. Why did you draw this fork? white doted line... and not this one in yellow? Thanks

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emda replied Mar 26, 2008yes... same median line of the channel... url if a fork and a channel agree.. good..
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emda replied Mar 26, 2008yes... when there is a clear target... such this 1.58... one can think that price will overpass it by some pips usually from 20 to 25 pips to stop agressive traders. I closed the long at 1.58... and scalping some small longs now.. but with little ...
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emda replied Mar 26, 2008it is very very close to that fork trendline.. isn't it David? I'm not sure if it can go to R3 today...
EURUSD