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jack.canadia replied Feb 16, 2009Short now from 1.42621 on a 1.2.3 pattern .. see where she goes ... with no US traders today it will be a slow ride
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jack.canadia replied Feb 16, 2009Just woke up to some nice gains! My long from 1.41853 hit my target @ 1.42973 overnight for a nice +112 pips!
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jack.canadia replied Feb 16, 2009Forex LTD. www.forexltd.co.uk their site doesnt seem to be working right now though?
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jack.canadia replied Feb 15, 2009Of course. What I meant by a blind trade is taking the trade right as price hits a level. I wait for a pullback off a level and then wait for a retest or a 50/61.8% fib back to the level to then initiate my trade with a SL beyond the level in ...
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jack.canadia replied Feb 15, 2009Price isn't giving me a reason to do anything right now. And in my experience, blind trades based on what you expect are usually wrong. Also, I lnever like placing a SL greater than 25 pips.
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jack.canadia replied Feb 15, 2009Could go either way. I would wait for a break of the neckline to short or a 1-2-3 reversal on a 15 minute to think about longs.
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jack.canadia replied Feb 15, 2009url This is where I got my MT4 demo from but the site doesn't seem to be working. My feed is working from them so maybe just site issues.
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jack.canadia replied Feb 15, 2009My MT4 has the DJIA and USD index live feeds. Im having trouble finding the site but its FOREX ltd. No need for the MT4 indicator. It sucks IMO. I think North Finance may also offer it as well.
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jack.canadia replied Feb 15, 2009I've heard of people playing gaps on Sundays. I am trying a small long, stop right under 1.4200 to see what I can scalp on the way up ... Im a first timer at this .. I prefer buying and selling at S/R lol Bought at 1.42104, target is 50% of the gap ...
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jack.canadia replied Feb 15, 2009For those of you with no short over the weekend, whats your plan if you're a bear? My platform (FXCM) is showing 1.4208 currently ... this is a huge gap. Shall we wait for a fill of this gap and then wait for an entry? Ideas?
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jack.canadia replied Feb 15, 2009The purpose of pointing out any potential pattern formation is that if it in fact confirms itself, we will have expected it to occur in advance and thus be ready to make a move. In effect, this is trading what we see. If we traded what we expected ...
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jack.canadia replied Feb 15, 2009Very nice! I did not see this. This strengthens my bias, which is down. I had already planned for today/tomorrow to take a short on a failure out of 1.4430/80 anyway to follow the longer term direction (big area to find a short but there is a good ...
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jack.canadia replied Feb 13, 2009Haha I stay away from USD/CAD .. I caught one large move and left it at that. I am from Southwestern Ontario.
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