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kingfisher replied Mar 12, 2010Nothing to worry..attractive prices attract short sellers. But i am not averaging my shorts here..holding one from 1.3680 levels.
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kingfisher replied Mar 12, 2010Crazy buying.. I think it has broken the falling trendline at 1.3758
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kingfisher replied Mar 12, 2010Great call from driver55. Not many traders went long at 3664 but driver 55 did and closed it for 100 pips.
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How Your Forex Broker Makes Money?
Started Mar 11, 2010|Rookie Talk|7 replies
{image} {url} The answer will surprise you. The broker makes money from the loosing account.
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kingfisher replied Mar 11, 2010Thanks Malcomb 14...tricky market as usual. Lot of pips to you.
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kingfisher replied Mar 11, 2010Malcomb14, I want to ask you a question. As you have mentioned that buyers are buying in 1.34-.1.36 range- How do you determine this buying is not the short covering and actual fresh buying/position building? My point is we know big guys have ...
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kingfisher replied Mar 11, 2010Statements do suggest you had 11 profitable trades today, so you are a scalper?
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kingfisher replied Mar 11, 2010Very nice chart..clean and simple. The same thing happened from june 2009 till end july 2009 visible on your charts. Out of 6 weeks, there were 2 doji, but the markets ranged for 6 weeks. After 6 weeks, E/U started its original uptrend albeit ...
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kingfisher replied Mar 11, 2010I have a different view on this point Even if you learn the skills, it will remain a gambling because you are taking an 'advance bet' by putting money on your bet. Anything which is an 'advance prediction' with 2 possible outcomes is a gambling. By ...
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kingfisher replied Mar 11, 2010Yup..tough fight going on. The 15 M large green candle do scare bears like me
I like your trading motto- Just gambling..so true 
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kingfisher replied Mar 11, 2010lol — 15 min charts Big candles- red, green, red, green, red, green, red, green lol
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kingfisher replied Mar 11, 2010Thats what the 'market mindset' is doing for last 4-5 weeks. Sell at 1.37, cover it at 1.35. A short is atleast a trend trade.
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kingfisher replied Mar 11, 2010Once day traders who are long from 1.3627 sell their longs, that will introduce cracks in this E/U short bull run. Step by step weakness.
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kingfisher replied Mar 11, 2010Malcomb, driver and acumen are great traders. But they have their own trading style which is not suitable for everyone. They have more winning trades then loosing trades and that makes one a great profitable trader. I always listen to senior trader ...
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kingfisher replied Mar 11, 20102 hours back, E/U bounced back from exactly at daily pivot of 1.3627
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kingfisher replied Mar 11, 2010Boss, i see no pivot points, S&R plotted on your charts? That chart is a pivot point king chart- Master of pivot point trading !
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kingfisher replied Mar 11, 2010A trend remains trend and retracement and stall should not be confused with trend change. Right now it is stuck in a range trading- 1.34-1.37. Similar scenario happened from jun 09- sept 09 when E/U was stuck in a range in an uptrend
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kingfisher replied Mar 11, 2010Temporary bullish candle- big straight thick green candle
Bears like me need to wait till tommorow to take TP.EURUSD
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kingfisher replied Mar 11, 2010Great trading..13682 short is catching the top
I also have 1.27 target once E/U breaks its range trading. Mate, our targets are same. Give me 1 voucher for it. 
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kingfisher replied Mar 11, 2010I dont think..there are no buyers above 1.3680 zone. If there are no buyers, then it has to come down. 1.37 is weekly R 1 as well You long or short?
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