Simples .

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where there's uncertainty, there's a lot of profit to be made.

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that supposed to be becks.

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Like it.

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Amie_senior, shouldn't it be Amie_junior, looking at your pic.

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Short closed 1.2928 I faded that inverse H$S at the wrong level, though small pips gained.

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That's reassuring to see the resistance also in your chart. However, the hourly has actually closed above the breakout line, so I will be covering my short position soon.

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yeah, got my entry proved wrong as faded the pattern, BUT it wll come good.

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Pattern broken to upside. pattern traders will be long.

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We now have a reverse H&S on 1 hour. I am short 1.2931. Previos short stopped out.

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Have a look at the large soldier protecting the long off the bottom. That soldier has to be attacked. If it can't withstand the onslaught, it's all over.

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I did.

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The market will go wild soon is my guess. I am expecting 1.2800. Whether we get it or not, london will decide. banks fail and markets go up, huh...who is buying into this nonsense.

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Bugging out here for few pips. I will leave this battle behind. Proably check in early a.m. for the ride of the week.

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I use 3 min when scalping, and 1 hour. If you look at any chart you will see the virtue of it in the euro. Initial SL usually placed at a high or low pivot.

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There is a simple solution to that. use 3 bar H/L as trailing stop then when it goes far enough use 1 bar H/L. experiment a bit and you will see that 1 big winner makes up for a series of losers, and if you get a high % of entries right you never ...

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many have been at it for over 5 years and still haven't learnt. Don't worry, one day it will click, and you will be amazed how boring it can be making winning trades. In fact it got so boring I started looking for some excitement and found ...

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Markets like to retest breakout points. The pitchfork analysis gave all the support points. The early good Euro data was ideal for the market to keep it's momentum setup at london open. Markets normally open at one extreme and closes in other. There ...

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back in on shorts again.

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yes, it's been a fairly predictable day, despite the volatility.

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