Had a buy stop order at 1.0375 with TP at 1.0405. Closed in a second.

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Closed my shorts with 15 pips profit. There are signs it will reverse now.

EURUSD

Yes, seems small gap down. Currently 1.2818

EURUSD

Yes Failure to break 1.0400/10 will bring down to 1.0360 first then 1.0325 though it is slightly bullish at this moment.

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[quote=Tim_isoara;6139556] There will be retracement always, but trend will prevail as long as not changed. The M15 trend has changed to bearish. This normally will give 30 to 40 pips minimum. But 1.0370 should not break.

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For me it shows like this : M5 bearish. M15, M30, H1 Slightly bearish. H4 Still bullish Daily is bearish.

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I do not trade higher time frames. But if you see those in your system, stick on with it.

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According to my system it says : 1.0500, 1.0610, 1.0850. These levels need not be hit. In can turn back too. Have an exit system.

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I do not agree with this statement fully. The entries made in every time frame has its own potential. See my previous post. The daily is bearish, but 4 hr and below is bullish. Had I entered according to 15 min TF my entry would be 1.0335 and exit ...

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1 minute chart turned bullish at 1.0367. 5 minute turned bullish at 1.0358. 15 minute turned bullish at 1.0332.

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I have customized system, It says : 1) weekly is weak bullish. 2) Daily is weak bearish. 3) 4hr and below is bullish. The resistance is 1.0410. If that area breaks need to review again.

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I will trade according to my system. I do not want to confuse others, just see my earlier post.

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If you follow an analyst's view and trade, most probably you loose. They may analyse and say in weekly or monthly time frame. Are you weekly or monthly time frame trader? Ask question to yourself. If you follow 15 min time frame and Intra day ...

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It is easier said than done , but learnt to follow discipline. My system works, in all time frames, in smaller time frames, too many entries and exits, but still I love it. On the other day daddybear knew what I said. I missed my short entry in 15 ...

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Everyone have the right to forecast, but dont believe in that. Trade as per your system with discipline. This is the mantra I learnt over the years. You might be having a system which says bullish or bearish in a particular time frame, then you ...

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see what happened ? Anything can happaen. lol

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Looks like bear pressure building up now. Any time can break.

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38 % to 50 % of the fall I expect minimum. Let us see. What you see in your chart ?

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Honestly speaking, I missed my short entry, but at the same time, it is not right place to enter short after it has fallen 45 pips from Asian high.

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Looking for a bounce to enter short

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