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- Pegasus54 replied Sep 25, 2011
scaled out at +17, sl at break even edit: if price reaches 3477-80 area it could be a bounce area.
EURUSD
- Pegasus54 replied Sep 25, 2011
True gaps are only in the stock market. If we see a gap in forex it is usually due to your brokers.With that being said, since thousands of retail traders see a physical gap on their chart even tho it isnt a true gap, they trade it and the imaginary ...
14 Year Old Forex Trader's Lessons
- Pegasus54 replied Sep 25, 2011
I agree SirGoodman. I am requesting that no one EVER vouch for me because I do not want to take on a different personality when one becomes a 10v.
EURUSD
- Pegasus54 replied Sep 25, 2011
If this 5 minute trendline holds then we target 3549 and 3580. If the trendline gives then we target 3488 and 3457. You can see an indepth analysis at this link. url
EURUSD
- Pegasus54 replied Sep 25, 2011
can you all just stop the picture posting shit and get down to business? Fing mad house in here tonight.
EURUSD
- Pegasus54 replied Sep 25, 2011
yes I probably shouldnt have posted that much but I was walking a few members through a play by play trade. I shouldnt do that as it surely does take up thread space. thank you for your advice.
EURUSD
- Pegasus54 replied Sep 25, 2011
ty ken but he led me to think he has special privelages and will get me suspended.
EURUSD
- Pegasus54 replied Sep 25, 2011
Well since you asked ,read this page url and pay close attention to post 541063.But I dont really care to get into it, its over with but we need to focus on trading and not that kind of stuff. I just hate having to walk on eggshells because this ...
EURUSD
- Pegasus54 replied Sep 25, 2011
I dont really know and really do not care, Just ignore them and press on in your diligence.If they give you shit then dont waste your time even responding.
EURUSD
- Pegasus54 replied Sep 25, 2011
Thats a waste of time. I have watched ff for many years and I have seen many excellent traders leave on their own or get suspended because of the few special posters who have special privileges and are allowed to do what they want. So let it go and ...
EURUSD
- Pegasus54 replied Sep 25, 2011
Excellent and thorough post. On the longer term basis (monthly) I am looking at exactly what you mentioned. I also remember the eurusd prior to 2008. Those were the days where a 20 pip sl was sufficient. Things have certainly changed and the eurusd ...
14 Year Old Forex Trader's Lessons
- Pegasus54 replied Sep 25, 2011
I also love counter trending. What goes up MUST come down and what goes down MUST come up so why not use both the buy and sell buttons? I really hope this thread focuses on trading and not the bs I just read in the eu thread and the porn I see in ...
14 Year Old Forex Trader's Lessons
- Pegasus54 replied Sep 25, 2011
Nice explanation buma. I will be checking that out.
14 Year Old Forex Trader's Lessons
- Pegasus54 replied Sep 25, 2011
Yes highlander, good point in that price almost always tests previous supply or demand levels before continuing.
14 Year Old Forex Trader's Lessons
- Pegasus54 replied Sep 25, 2011
While my overall bias is short at the moment, it isnt out of the question for the eurusd to test the daily support turned resistance at 3954 or even the trendline at 4230s which would present some long intraday or even scalping opportunities. But ...
14 Year Old Forex Trader's Lessons
- Pegasus54 replied Sep 25, 2011
No problem buma. In the current market I like to scalp but my trades of choice are more intraday. I will post some thoughts on a more intraday basis.
14 Year Old Forex Trader's Lessons