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the_wizard replied Jun 22, 2011This one? I'm trying to get into the essence of how I trade rather than give a canned strategy. There is nothing canned about what I do. I read the market. Part of that read is looking past candles and at the way price moves (the spider etc) People ...
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the_wizard replied Jun 22, 2011USD/JPY This area would be a great one to look for swing pattern failure for a long. Note that approximate area is also the point at which the BOJ embarked on co-ordinated CB intervention to weaken the Yen.
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the_wizard replied Jun 22, 2011EUR/CHF I am looking for a break above 1.2140 with a retest for a long. As another poster mentioned. We have the "spider" here which increases the probability of a strong move if we take out those highs but we are also extremely counter trend so ...
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the_wizard replied Jun 22, 2011Got some time available today - hence the number of posts :-) Here are a few of the potential setups I am currently looking at. GOLD : I am looking for a break above 1550 with a retest for a long. Note that this is simply horizontal resistance and ...
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the_wizard replied Jun 22, 2011MK, The thread is simply to show what I do and the webinars provide more detail on it. Nothing more. Nothing less. If you have ever attended a webinar of someone with an "agenda" and then been to a few of mine, you will realise that immediately.
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the_wizard replied Jun 22, 2011Adilius, RE: The swing pattern failure. Here is an example of swing pattern failure that is bullish. Price makes a swing low at the circled area on the chart. Price then rallies away from this swing low. It returns on the day marked by the blue ...
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the_wizard replied Jun 22, 2011Hi Adilius, Currently, the webinars are not recorded. There are two reasons for this ; Mainly it is because I talk about personal experiences including that of some huge traders I worked with and the strategies and techniques they employed and I ...
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the_wizard replied Jun 22, 2011Hi August, Simplebeans is right - make sure you record the fact that these went onto the areas you predicted and note the extent of the drawdown that occured before this happened and how it played out. This will help you understand what it is that ...
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the_wizard replied Jun 22, 2011I'm going to be long that all the way if we take out 1.2138 and come back for the retest.
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the_wizard replied Jun 19, 2011It's not a result of the broker it's a result of the time. I took it from 10pm BST as this is when the liquidity starts to pick up. Also, I would suggest against presenting results in terms of pips won or lost. This is largely irrelevant. You need ...
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the_wizard replied Jun 16, 2011There was minor swing pattern failure on the H1 right after it hit my level. But there wasn't on the sell off at the top. At least not on my feed.
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the_wizard replied Jun 16, 2011Here is one of the other calls from the webinar that came into play yesterday (see blue arrow). There is a good example of pattern failure on the D1 and the trade was a nice example of a significant level bounce with the infamous 38 fib in Crude ...
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the_wizard replied Jun 16, 2011Cheers dude. I started bidding for that at 0.8012 which was where the former H1 highs were so I had a little heat on it this morning but the D1 level we marked in the webinar was at 0.7974 and that's right where it bounced hard. Looks like you got a ...
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the_wizard replied Jun 16, 2011Yes. You bought support. The higher probability trades are at the inverse, in my opinion.
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the_wizard replied Jun 16, 2011Hi Kalbar, I run the webinars every Sunday from 6pm - 8pm UK time. This thread is basically a supplement to the free webinars. I just find it easier to go over the material by actually talking through things. You just need to send me a PM with your ...
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the_wizard replied Jun 16, 2011Rups, I see you've bought more or less the bottom there in Cable...be aware in your record that you bought what was last support however.
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the_wizard replied Jun 14, 2011The only point I can briefly summarise is the stop part. I would say if you are long or short the Eur/Usd over the weekend that you delete your stop simply because of the gap strategy. E.g. If you are long the Euro and holding over the weekend with ...
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