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Yuchen replied Dec 1, 2011lol... when he yelled that around 35XX, EU fell to 34XX when he yelled that around 34XX, EU fell to 33XX when he yelled that around 33XX, EU fell to 32XX then he disappeared and EU formed a tempory bottom at 32XX..
no offense to him but i ...EURUSD
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Yuchen replied Nov 30, 2011because we were long EU yesterday the news was really good for was.. Well, i admit i thought to long EU due based on a 4H chart, but still, a quick 200 pips move in 5 mins is an extraordinary move.... i am sure some traders sell it around 3350 ...
EURUSD
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Yuchen replied Nov 30, 2011i still think stop loss is better just in case of some extraordinary events happend like yesterday.
EURUSD
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Yuchen replied Nov 30, 2011i think Arabic is read from right to left so maybe that's their habit for read and it makes sense to have that on the computer, just my assumption.
EURUSD
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Yuchen replied Nov 30, 2011yes, in terms of construct a portfolio that have covariance close to 1, it could be something like long 1 AUD/USD, short 1 USD/CHF and short 2 AUD/CHF, but in that case, you will lose spread and swap rate.... so i believe when those big boys played ...
EURUSD
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Yuchen replied Nov 30, 2011Because the covariance of them in the market is not always one and the correlations between each pair are also different. so if you want to construct a portfolio you cannot make equal weight for all of them
This is a successful test in ...EURUSD
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Yuchen replied Nov 30, 2011Yes i agree with you, especially 3610 is very important for EU's mid-term movement.
EURUSD
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Yuchen replied Nov 30, 2011Bigdado, I don't think it is a good idea to short around now. 3420 was a very strong support last week (it supported 3 times) then it broken and price tried back to around 3411 twice and around 339X a few times but all failed, there was a fake ...
EURUSD
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Yuchen replied Nov 30, 2011may i ask you how large is your account and how many lots did you go long? if you are thinking about for the next several months, your long should be ok, however, you need to have a s/l under 0.9900 and one of the problems is 1.0690-0720 have very ...
USD/CAD
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Yuchen replied Nov 30, 2011BOJ joined that so in the future when BOJ needs the other banks help them intervention UJ, they can help BOJ.
USD/JPY Discussion
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Yuchen replied Nov 30, 2011To update my EUR/AUD trading — I entered my long-term EUR/AUD trading today, it was triggered at 1.30998, 0.01 lot, my s/l is 1.2900 and tp is 1.3900. I am not going to add any more positions when i am losing, will wait to see how market will ...
AUD/USD
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Yuchen replied Nov 30, 2011i think he means 0.03-0.06 lot. i dont know why he laughed at Navin2007 because Navin trade 0.01 lot (i dont even know the size Navin traded, just assume he did trade 0.01 lot but i didnt see a problem to do that).
EURUSD
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Yuchen replied Nov 30, 2011what do you mean over the coming months? you mean just for December or sometimes next year.. 2012 is US election year and USD/CAD usually bullish in US election year.. The two problems for USD/CAD are not going up are: 1. Oil price is not dropping ...
USD/CAD
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Yuchen replied Nov 30, 2011It is not too bad, the swap is around -1.2 pips per day, which is affordable to the trading if it is really on the correct way to catch 600+ pips.. by the way, i find cross-pairs are more likely to stay in range at a mid-term or long-term.
EURUSD
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Yuchen replied Nov 30, 2011well, you are right... i sometimes lack of confidence when some people have different views of me and that's a reason why my imporvement is still very slow even i trade for almost 4 years. I moved my s/l up to 1.3479 when i see it broke 1.3520 but ...
EURUSD
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Yuchen replied Nov 30, 2011i see, well, not keep listening to them just discuss it. if i listen to them i will close it... by the way, you always trade 0.1 lot?
EURUSD
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Yuchen replied Nov 30, 20111.3400-20 need to break for further downward move, if it holds, EU has potential to test 1.36XX
EURUSD
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Yuchen replied Nov 30, 2011Yeah, i agree with you the trend is strong bearish and this trade is kind of trying to pick a bottom. I may should wait for another 36 hours after it confirmed a relatively weak bottom but 1.3100 is not too bad in my opinion. I looked at the price ...
EURUSD
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Yuchen replied Nov 30, 2011My mid-term trade for long EUR/AUD is triggered at 1.30998, i have a s/l at 1.29000 and it is a 0.01 lot trade so i have 20 dollars risk now and i am looking for 1.3900 t/p for the next 6 weeks.

EURUSD