In case your counting the wave was at the 161 of the B to C leg I traded the 5M, short and sweet pips - to the point! Despite the spike, the 1h is still sideways and I still don't like it For me Bullish doesn't confirm until the RSI touches 60 at ...

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Yes, short dude just took my 6 pip TP, just my humble opinion; Not every trade is a home run. Brick by brick

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I took this trade on a whim, based from 5M was hoping to scalp 5 pips set tp at 6 pips, missed tp by 1 pip, that'll teach me

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Well I've got "school" drop off duty this morning - gotta cut out. Will update this trade when I get back 45 minutes or so

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And a nice little bounce off the daily pivot - stop in danger but still hanging in there

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Interesting posted 30 minutes ago: url Germany is not profiting from the eurozone

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And the 5M

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Here is a good reason to cancel a sell stop. As I was marking up my chart, price broke the upper trend line and extended beyond what would have been my stop loss. Anytime this happens the sell premise has been negated in my opinion. Upper trend line ...

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I am basing this weak setup off two things really. The first is the upper trend line, second would be that the upper trend line corresponds intersects the alligator mouth. and the third would be if you look at the horizontal yellow line, this is the ...

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Well - yes but based from the 1H - getting ready to post a premise and potential setup now

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Not a problem

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Sorry for the late reply. I am actually not trading today - but your setup would scare me away on a long. Your trigger is too close to the 200 for my liking - you might be able to scalp a bit from it, but as I stated the 200 is too close for my ...

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Tomorrow I will resume normal posting. I missed the start of my day and feel "off" anyway. For anyone just joining, or new to trading this style of trading is NOT as complex as it comes across. I will do my best to post my analysis and any potential ...

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NuNix - I just dropped a "Vouch" on you for your efforts in this thread!

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Glad to be back NuNix - thank you for your part to keep this thread active! I saw that you took a little grief! Your an excellent trader and don't let anyone tell you elsewise! Appreciate your effort my man - did not go un-noticed! Great job!

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Sorry grabbed the wrong chart - double vision. Your chart should look like this:

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Next drop a 200 Simple Moving Average (not smoothed, not exponential or otherwise), just simple (we like simple). Apply to close. I want to pre-empt this next indicator with a word of CAUTION! Attached is a ZUP indicator that paints ABCD, butterfly, ...

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Ok next - boring I know but SO important. Add your daily pivot points. I use IBFX these indicators come by default. You can use any pivot indicator you choose so long as it is for the Daily. We are intra-day traders. If you trade the daily charts, ...

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Ok next RSI (Relative strength Index). Drop an RSI onto your chart (add to the default settings from MT4: 40, 50 & 60). Did you know that the RSI can be used as a crystal ball? I LOVE the RSI! It can be used to signal the end of a trend, the ...

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OK to start with let's open a fresh chart of the EU (or whichever pair you prefer, EXOTICS BEWARE!) To this chart drop in the following Bill Williams indicators (with default settings): Fractals Alligator Awesome Oscillator When finished your chart ...

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