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bobblong replied Jul 23, 2007HeHehHeh. Looks like USD/CAD is giving everybody a chance to add to their shorts if you missed 1.0470 ;p Watch price action carefully Looking at the current 4h chart I am expecting it to do something very similar to the last chart I posted. Clear ...
USDCAD trend reversal?
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bobblong replied Jul 22, 2007I would be fearful to go long now without a break of the May10 Trendline. Price Action on the 4h chart is showing a high likelyhood of a breakout either way but since we are so close to the top of the trend line my guess is DOWN. We Also have very ...
USDCAD trend reversal?
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bobblong replied Jul 20, 2007I'm never trading Fridays after a week of consolidation ever again
USD/JPY Discussion
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bobblong replied Jul 20, 2007Why!?!?!? — Could anybody help me understand why UJ dropped so violently now and what triggered this?!?!?!?
USD/JPY Discussion
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bobblong replied Jul 19, 2007I tend to disagree regarding 'new' information on the private forum... Updates are far between but I suppose all of the essential material is already there so adding to something which is pretty much complete may be difficult.
Price Action Document
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bobblong replied Jul 19, 2007dado: according to the books (Ref: Tech. Analysis of The Financial Markets) a triangle needs to have at least 2 peaks and 2 troughs, but 3 and 3 is more reliable. If this is achieved BEFORE the 3/4 point there is a much higher probability of a good ...
USD/JPY Discussion
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bobblong replied Jul 19, 2007LOL! The markets arents going anywhere, I'm betting we'll see this all across the board til monday bTW is this what you guys are talking about ? Coz whoever said ascending has a misconception. And also it is widely accepted notion that if a triangle ...
USD/JPY Discussion
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bobblong replied Jul 19, 2007Argh looks like it's going sour now, should not have entered at 122.2, maybe .25 would have been more solid. -17pips now and looks like a small pinbar going south. Got my stop loss at 121.9, think it'll be hit? Im not taking that chance, Position ...
USD/JPY Discussion
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bobblong replied Jul 19, 2007Looks like a tasty setup coming our way being quite ripe at 122.2, The narrowing channel's upper trend line just about broken waiting for bar to close and reach aforementioned entry point. profit taking at 122.75, 123.2 (fibs of the big swing) and ...
USD/JPY Discussion
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bobblong replied Jul 19, 2007GBP/USD and EUR/USD are just telling me DONT TRADE right now for timeframes 4h and above. That is all I see and nothing else. 1h should still be ok if you're into that kinda kink ;p
EURUSD
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bobblong replied Jul 15, 2007I have recreated the spreadsheet originally made by Vegas, the one where you feed in historical data and at the end you see median ranges and probabilities for the given data, one for xxx/JPY crosses and one for all other pairs. After completing ...
Statistical Probability Trading With Price Action
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bobblong replied Jul 14, 2007Yes It will probably will hit the 1.0540-60 area but that's going against the trend, i think we will see consolidation after that Kokan: maybe for a fee marketwaves will run a managed account for u, you won''t have to hunt for signals on the forum ...
USDCAD trend reversal?
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bobblong replied Jul 14, 2007Most people are usually WRONG WRONG WRONG. 75% going long is a good indication of what not to do hehe ;p
USDCAD trend reversal?
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bobblong replied Jul 12, 2007Behof... That is a fantastic achievement, I salute you. Would you care to elaborate regarding your trading style a little? Bob Blong
100$ -->100,000$ (period: 12 months)
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bobblong replied Jul 12, 2007Your goal is admirable no doubt, we all want money for nothing
Baby steps is the way to go. Everyone who has had ANY success in business or other goal oriented endevours knows that looking beyond step 1 is a big mistake. If I were in your shoes, ...100$ -->100,000$ (period: 12 months)
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bobblong replied Jul 12, 2007Put all your life savings on a long u/c position to become homeless.
USDCAD trend reversal?
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bobblong replied Jul 12, 2007Looks like it's winding really tight now, correction imminent!@!@!!
Cable Update (GBPUSD)