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Musashi replied Nov 24, 2011Look at where price has stopped on eu now, look to the left and price has found resistance here before.... will it find it again and fall back to the daily low levels? Possibly... will it rise above resistance and make it back to the daily open... ...
Price Action and Trading Discussion
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Musashi replied Nov 24, 2011Small range bars indicate just that... small range bars... price has moved the range of the bar in the time frame of the bar... Wide range bars indicate the same thing... a particular amount of price movement in a given time frame... How you ...
Price Action and Trading Discussion
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Musashi replied Nov 24, 2011What do the narrow range bars tell you? What do the wide range bars tell you?
Price Action and Trading Discussion
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Musashi replied Nov 24, 2011Look at your M5 chart Dan and tell me if you can spot any reasons to enter or exit.. Post me a chart with some narration... and show me your thoughts..
Price Action and Trading Discussion
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Musashi replied Nov 24, 2011No such thing as a stupid question.. price is what determines what indicators tell you, watch how price reacts to areas on the chart, there's no one indicator that's going to tell you when to enter or exit a position, they can assist you in giving ...
Price Action and Trading Discussion
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Musashi replied Nov 24, 2011Yes my friend, buy when price is above all three and they're pointing up and sell if below all three and they're pointing down... Have you studied any indicators or price action before?
Price Action and Trading Discussion
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Musashi replied Nov 24, 2011Filter for what to do... sell or buy of course.
Price Action and Trading Discussion
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Musashi replied Nov 24, 2011Ask yourself this... where would you rather be selling and where would you rather be buying? Look at the chart and look at previous areas where sellers and buyers have entered....
Price Action and Trading Discussion
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Musashi replied Nov 24, 2011Moving average 20, 100, 200 Price below or price above all 3 moving averages provides a decent filter. However price bouncing off of xx50 or xx00 levels provides a good reason to enter a trade... Price reaching a previous S/R level in the Market ...
Price Action and Trading Discussion
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Musashi replied Nov 24, 2011S/R levels in the market. Just had TP hit 2 x risk
Price Action and Trading Discussion
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Musashi replied Nov 24, 2011Ready to make more $$$... sell EU again today...
Price Action and Trading Discussion
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Musashi replied Nov 24, 2011H1 showing a Reversal Bar... shorts are looking good

Price Action and Trading Discussion
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Musashi replied Nov 23, 2011Some nice resistance levels around the 3375. Looks like a likely spot for sellers to camp out to me.

Price Action and Trading Discussion
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Musashi replied Nov 23, 2011Who wants to make some $$$... suggestion is to short EU...
Price Action and Trading Discussion
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Musashi replied Nov 23, 2011Cutting the cord at +32 pips = 3.2 x risk Happy with that...
Price Action and Trading Discussion
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Musashi replied Nov 23, 2011Might be a bit optimistic to see price reach 3400 level this session... Still making lower daily lows at this point.. Moved stop down to lock away 2 x risk..
Price Action and Trading Discussion
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Musashi replied Nov 23, 2011Nice consolidation on EU happening at the minute... more down would be typical price movement at this point...
Price Action and Trading Discussion
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Musashi replied Nov 23, 2011Nice work.
Like the look of this trend on GJ H4 nice swings down at the moment. GJ daily bounced down nicely off of previous levels... How low can it go...Price Action and Trading Discussion
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Musashi replied Nov 23, 2011The good thing about S/R level and key areas on the chart, it doesn't matter what time frame the chart is, because price will typically react at those areas. Choosing a level to exit is what matters the most, also moving stops in the direction of ...
Price Action and Trading Discussion