I'm still holding onto all my positions and have just had another offer in usd/jpy filled at 11661 (1:10) with a tight stop at 11687. I think we're overstretched and with the stops at 11685 having just been washed out a reversal is likely. Infact, ...

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Here's the chart of my entry on the eur/jpy (149.15 @1:2). Nowadays I think prognostication is 5% and execution 95%. It's all about execution and that's why trading off long term fundamentals is so hard - you may be right in the end but your pay-off ...

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[12:28 EUR/USD: Soft New York Opening Has US Traders Re-evaluating] New York August 22. Softer than expected Eurozone data was the backdrop for the NY open, with most of the damage done already. The pair is trading in a tentative 1.2805-15 range as ...

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My usd/jpy offer was also hit overnight at 11600 (@ 1:2). If we get above 11650 I start thinking about getting out.

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The short usd/cad trade hasn't done much with the mixed usd strength in the other pairs. My sell stop at 1155 still hasn't been filled. I've put in a stop above yesterday's Retail Sales high at 1220. CPI comes out 1 hour from now so I'll just sit ...

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The eur/usd isn't looking as strong as the aud/usd but I think it has more to do with eur/jpy sales than anything. I've put in a bid on eur/jpy at 14915 (@ 1:2). I think we've got a long way to go yet.

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My bids on both aud/usd and eur/usd were filled overnight. Here are the charts.

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I've moved my bids on eur/usd and aud/usd up to 2880 (1:2) and 7620 (1:2). The drop in usd/cad after the poor Retail Sales has made me think twice and after being stopped out on the first half of my position at 1170 I've reversed my postion and ...

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My bid was missed by just a handfull of pips, the low (ask) being 1177 on Oanda (the order is cancelled now that the news has come and gone). I think this will be the bottom and will look to start adding once we get above 1300. I've put in stops at ...

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A quick update. Just entered a bid on usd/cad (1175 @ 1:2). Will check back just before Retail Sales come out.

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08/21/2006 03:59:25 AM AUSSIE: Opened in Asia at $0.7585 and moved up through $0.7600 as rate tracked euro-dollar strength. Decent sized stops now being tested at $0.7615/20 with a break higher seeing small offers layered from $0.7640 to $0.7670. ...

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On the other end I have a new problem and that is how to add to my long eur/usd position. I usually like to add on b/o's but 2900 is an important level and since we're there right now I'll have to wait for either lower or higher prices to add. I've ...

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A lot of dollar offers out there this morning and my usd/cad limit has been filled (1225 @ 1:2). The usd/cad is looking very weak but I'm willing to hang in there and wait for Retail Sales (exp. 0.2% prev. -0.6%) at 12:30 GMT. I will add to my long ...

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One currency that's caught my eye is the loonie. And for all the wrong reasons; Bearish Sentiment Prevails in Loonie Friday, 18 August 2006 19:21:35 GMT Instead, the unexpected 0.6% decline in Statistics Canada’s wholesale sales indicator was ...

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I've got a limit to sell usd/jpy at 11600 (1:2). I think 11675 will prove to be the top. My order might never get filled but I've already got other dollar shorts on so it's no big deal if I miss out on this one.

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On the aussie; the chart shows that there were stops washed out 7560 and then we got the immediate pop higher. After trading in a 150 pip range for almost a month this might be the stop washout that was needed to let the market move higher. *As a ...

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It was an entertaining read, thanks. Personally I do pay a lot of attention to when the market doesn't react to news the way it should. But it should be done in context because things aren't always the way they seem. Prechter is probably the MOST ...

Is It Bullish When the Market 'Ignores Bad News'?

Experienced traders use a strategy that best suits them. There are a million ways to make money in the markets - it's up to you to figure out which one you are comfortable with.

What strategy do experience traders use?

I've seen aspects of you mention (sometimes spreads stay wider for too long) but there is a reason Oanda's spreads open up and stay open instead of dropping back down right after the news is released. During the first 15 min (or more) volatility is ...

Major Chink In Oandas Armor