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mfoste1 replied Sep 23, 2009Update before London session — Hey guys, whats up. I've held on to both of my shorts in Eur and Gbp. Right now what I am seeing is that the price is floating around the 50 fib here-no clear direction yet. If price fails to break the lower ...
The College Trader
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mfoste1 replied Sep 23, 2009Trade update — Hey guys, I have updated the chart here as I did enter a trade AFTER the risk event was over with a safe entry. I entered here after price was rejected 6 times at the mid line in the ascending channel. There was good correlation ...
The College Trader
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mfoste1 replied Sep 23, 2009dude, volatility has returned to the markets and increased liquidity as well. This is a huge risk event, there will be stop hunting by banks....period
EURUSD
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mfoste1 replied Sep 23, 2009Word of wise advice — Hey guys, this is directed towards newbies just starting to trade real capital. DO NOT TRADE THIS RISK EVENT....ill repeat it one more time so it sinks in....DO NOT TRADE FOMC rate meeting. This move will be very ...
The College Trader
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mfoste1 replied Sep 22, 2009What I'm looking for now — Hey guys, right now price is becoming unpredictable with high risk entries. The levels that I am watching right now are 1.4770, 1.4755. I'll be looking to add longs those levels. However, if they would be broken then ...
The College Trader
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mfoste1 replied Sep 22, 2009Random Question — Hey is anyone here from or residing now in Dubai?
The College Trader
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mfoste1 replied Sep 21, 2009I use fxcm standard platform. It has worked pretty well for me. Best thing about it is that when u want to withdrawal funds they go right back to ur card in 1-2 business days.
The College Trader
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mfoste1 replied Sep 21, 2009What I'm seeing right now — Hey guys, right now I am watching the upper trendline in this descending channel I have drawn. If we would see a breakout to the upside of this channel, in my opinion I think we will be seeing some range trading for ...
The College Trader
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mfoste1 replied Sep 21, 2009Trade a demo dude for a while, because if you start out trading real capital without experience you are just giving your money away to ur broker....But ur in the right place

The College Trader
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mfoste1 replied Sep 21, 2009Hello alimo, My best friend just graduated from LSE last fall, he is now working on a CPE management program there now. Im actually going to be in London on Oct 1-4. Just a nice weekend trip and break from studies
The College Trader
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mfoste1 replied Sep 21, 2009Yea not quite sure how you knew it was visible on friday when the move just broke out of the ascending channel to the downside....hmmm give me one of ur crystal balls
EURUSD
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mfoste1 replied Sep 21, 2009I zoomed out on my hourly chart and saw a pattern that I didnt see before. When I zoomed out, this head and shoulders formation is becoming more obvious now.
EURUSD
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mfoste1 replied Sep 21, 2009Just a thought — I zoomed out on my hourly chart, and I noticed a pattern forming that I did not see earlier. When I zoomed out this head and shoulders formation is becoming more obvious now.
The College Trader
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mfoste1 replied Sep 21, 2009I took 1/4 profit at 12 pips so I actually did make small profit. Aud/Usd did hit my stop at entry on rest of lots...I just bought euro at the 50 fib I had posted on my chart at 1.4637, now in nice profit, I am taking 1/4 of the trade off the table ...
The College Trader
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mfoste1 replied Sep 20, 2009additional trade — I did buy Aus/Usd at .8647, with a 1st target of .8677 . I will add on retracements. Stop Loss moved to entry.
The College Trader
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mfoste1 replied Sep 20, 2009How I will trade euro to start the week — Hey guys , good morning. I think if we see a break of short term support at the 50 fib at 1.4635, then probability dictates that we will move to a further retracement to the 1.4600 level. If this ...
The College Trader
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mfoste1 replied Sep 20, 2009my view for the beginning of the week 9/21 — Hey guys and gals, good morning. I think if we see a break of short term support at the 50 fib at 1.4635, then probability dictates that we will move to a further retracement to the 1.4600 level. To ...
EURUSD