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Kanzler replied Nov 25, 2012Is there any other reason you're putting in such a small stop except for the round number?
EURUSD
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Kanzler replied Nov 25, 2012Agreed, but I'm not necessarily looking to find the ultimate top to this trend; pulling a scalp off of this level is my current goal and trailing to see what the market does. If price manages to bust through previous support after bouncing, then ...
EURUSD
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Kanzler replied Nov 25, 2012At the risk of going slightly off topic, my worry with going in at a 'second entry' is that the resistance will give way due to it already being partially eaten up at the first go. This would probably work better if I were to do this at the pullback ...
EURUSD
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Kanzler replied Nov 25, 2012I get the feeling you may have read Trader_Dante's infamous thread; he is an advocate of waiting for a strong candlestick pattern to verify a trade. I agree with Trader_Dante but unfortunately my opportunity to monitor the price charts is limited ...
EURUSD
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Kanzler replied Nov 25, 2012I have a feeling you're right and that the short term trend will continue. However, I speculate that with the previously mentioned factors we may see a good bit of struggle before price manages to thin the order block out, barring any major ...
EURUSD
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Kanzler replied Nov 25, 2012There has to be something to fill the void while we wait for markets to open.
Just to add something a little more directly on-topic, I'll be holding short at 1.30162, with my trade being invalidated at 1.30283. Strong resistance plus the 76.4% ...EURUSD
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Kanzler replied Nov 25, 2012I think while KillerWhale might have been a little harsh in his wording, he only means the best. Clearly the drawdown was not intentional or planned out and praying that price reverses soon is foolhardy at best in terms of money management. Now I ...
EURUSD
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Kanzler replied Nov 24, 2012My perspective on the 'trend' is a little more long-term, but looking at the fib levels and how price has reacted to the larger term swing high and low, I can't see the short-term uptrend continuing much longer without running into some trouble. ...
EURUSD
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Kanzler replied Nov 24, 2012Sometimes I don't see where people get their information from but if you don't ask you'll never learn.
I still think if it gets to the level you're saying it will, price is going to rocket towards the next key level, especially if a bunch of stop ...EURUSD
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Kanzler replied Nov 24, 2012I see your rationale for price pulling back to the now broken fib to re-test support, but why do you believe that price is going to break past the double zeroes, and then the very close confluence of the 76.4% retracement and the very clear ...
EURUSD
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Kanzler replied Nov 24, 2012I have a feeling the bullish trend will continue since it just broke the 61.8% fib level and then proceeded to do a short term re-test, finding support there. Never any guarantees in this business but this is my best guess...am personally going to ...
EURUSD
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Kanzler replied Nov 20, 2012If you're reading this short term you might get a chance to get in on this USD/JPY trade. Sell 81.770, stop loss 81.872. image Another one on USD/CHF. Buy 0.93846, stop loss at 0.93790. image
Nearly Naked (Simple Trades)
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Kanzler replied Nov 19, 2012I know that probably few if any of the original posters are viewing this thread anymore, but I wanted to express my strong gratitude for all of those who have contributed, especially BillyRayValentine, Iron-Man, Mary Pippins, and Siam earlier on. ...
No Brainer Trades