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lovejoy80 replied Jun 9, 2009Entered a short at 1.4045...near resistance level. 1% of bank risked (rather than 2%) as entered before waiting to see how price reacts nearer the resistance to cofirm it.
Jacko's Forex House of Pleasure and Pain
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lovejoy80 replied Jun 9, 2009Looks like I exited prematurely! Price is still following the 4HR trend line as a resistance point.
Jacko's Forex House of Pleasure and Pain
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lovejoy80 replied Jun 9, 2009Price s lacking direction at the moment...support (which I think is strong) at 1.3805 and resistance at the 4H / daily trendline that was recently broken - currently at 1.3945. I've exited my AH trade for +20pips as it wasn't panning out as expected ...
Jacko's Forex House of Pleasure and Pain
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lovejoy80 replied Jun 8, 2009AH trade is underway (1.3901), though am watching it closely and looking for a target near 1.4000 with a bit of luck! On the daily chart, the price has obviously broken the smaller trend line fell to the nearest support line, which was also 38.2 and ...
Jacko's Forex House of Pleasure and Pain
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lovejoy80 replied Jun 8, 2009I will enter into an AH trade if it goes 50 pips past my stop loss, which as you pointed out it hasn't yet as it it 2 pips shy. however, I will watch the trade closely to see how the price reates to the 4H trendline it just broke as this could ...
Jacko's Forex House of Pleasure and Pain
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lovejoy80 replied Jun 8, 2009As I feared, London has taken the price down and the 4H trendline has been broken to the downside. My stop loss has been hit (1.3900) for a loss of 45 pips. Now waiting on the sidelines to see where the price goes and whether this a trend reversal ...
Jacko's Forex House of Pleasure and Pain
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lovejoy80 replied Jun 7, 2009New week, new chart, new opportunities. Price hit the 4H trendline so went long, earlier with a 50pip hard stop and 100 pip TSL. Price is stalling around the 1.4000 round number so we need a push through. First area of potential resistance is ...
Jacko's Forex House of Pleasure and Pain
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lovejoy80 replied Jun 4, 2009Just closed trade out at 1.4209...should have really let it run and see ow it reacts to resistance at 1.4240 but wont be able to see charts till later, lots of news around ad prce action has be choppy last few days so with all that it mind I'm happy ...
Jacko's Forex House of Pleasure and Pain
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lovejoy80 replied Jun 4, 2009Hi, This is my first post in this thread, though I follow the posts daily and am a member of Jacko's second group. I took a long trade from 1.4150 purely as this was proven support wit the first target being 1.4245....though with a lot of news ...
Jacko's Forex House of Pleasure and Pain
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lovejoy80 replied Mar 5, 2008EURJPY daily pin — What do you think of this pin as a trade? forms at bottom trendline - target fibs at 61.8 and 50.0%?? therefore entry @ 15737, SL@15611 with target around 15950 for an RR of 1.69. Any comments much appreciated.......
james16 Chart Thread
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lovejoy80 replied Mar 3, 2008Thanks Hunt, it still doesn't work. What did you insert in your broker mm settings? Thanks for your help
trendchaser super ea
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lovejoy80 replied Mar 3, 2008Hunt - I am using same broker as you and mine will not work? Can you let me know what settings you inserted in the EA?
trendchaser super ea
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lovejoy80 replied Mar 3, 2008I have the same problem as Jacko - I dont use IBFX - using ODL, where do I find the relevant settings needed to insert in the EA?
trendchaser super ea