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Yuchen replied Nov 15, 2011To Jack the ripper — Hello JTR, I see the daily chart that EUR/USD is bearish and USD/CHF is bullish, EUR/CHF is also bullish.. That means even at the short run for a correction that EUR/USD move up may not correlated with a significant drop ...
EURUSD
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Yuchen replied Nov 15, 2011looks like sell around 1.59XX with s/l above 1.5980 is a profitable trade for this pair for the rest of this week.. dunno if you should buy it now, but i believe short is less risky than long at current situation.
Cable Update (GBPUSD)
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Yuchen replied Nov 14, 2011Anyone interested in AUD/NZD ? It seems 1.3160-80 have strong resistence and 1.3200-30 also have strong resistence. I am going to put a sell limit at 1.3170 with 80 pips for tp 1.2980
AUD/USD
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Yuchen replied Nov 14, 2011I believe your equity will slowly move up by 4-5 dollars everyday and then drop to 0 at the end of this year. My ignore list is still a virgin but you will deflorate her soon...

EURUSD
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Yuchen replied Nov 14, 2011Thanks, when you determine the low/ high price of the currency when you count the wave, do you use the daily closed price or do you use the low/high spike price in the chart?
EURUSD
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Yuchen replied Nov 14, 2011I have a plan to long GU and set s/l at 1.5840. But it is just a plan, not now, i will wait for either price drop close to 1.5870 or maybe after 4-6 hours (I use MACD and it seems the divergence of MACD and MA will be confirmed after 4-6 hours on ...
Cable Update (GBPUSD)
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Yuchen replied Nov 14, 2011Fontu 5-Wave — Hi Fontu, Can I count the daily chart as a 5-Wave down movement as Wave 1 is the drop from Aug 29th at 1.4537 to Oct 5th at 1.3142, and Wave 2 is the correction from 1.3142 to 1.4244 and now it is on the Wave 3 drop again?
EURUSD
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Yuchen replied Nov 14, 2011i had a short at 3693 and i moved s/l to 3638 when i saw it break 3622 and it got s/l.. i am waiting for another chance to short (maybe tomorrow)
EURUSD
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Yuchen replied Nov 13, 2011if it is a 5-wave, 3 cannot be the shortest compare to 1 and 5. 3 is already shorter than 1 and in order to make this 5 waves valid then 5 needs to be completed today but it seems unlikely.
EURUSD
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Yuchen replied Nov 11, 2011me too, i can see daily chart starts to bearish and it is just at the trend line of the drop from 4240. i have a short at 1.3770 with s/l at 1.3880, i am looking for a mid-term trade to 1.3370 by the way, i send you a message, can you check it?
EurAnalysis
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Yuchen replied Nov 11, 2011look at your trade, after you lose money, you will just invest larger lots and gambling on 1-2 pips, you will eventually blow your account if you continue trading in this way.
EURUSD
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Yuchen replied Nov 11, 2011as long as he can earn stable profit by month, everything is good.

EURUSD
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Yuchen replied Nov 11, 2011yeah, that's right, always use s/l whatever how small lots did i trade.. i got s/l at 77.25

USD/JPY Discussion
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Yuchen replied Nov 11, 2011my sell limit at 1.6066 with s/l at 1.6145 was triggered, but with this strong bullish movement it looks not good now

Cable Update (GBPUSD)