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habeeb replied Dec 20, 2006That cough syrup is kicking in now. I'm setting my limit to 1.9620 and gonna hit the sack. Take Care Habeeb
james16 Chart Thread
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habeeb replied Dec 20, 2006Hi Forex Man, sorry for the delay. here's the link to the VWB docs. http://www.forexfactory.com/forexforum/showthread.php?t=4113 EA = Expert Advisor (automated trading) Don't know how Highway did that. Best you ask him personally or some other MT4 ...
james16 Chart Thread
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habeeb replied Dec 20, 2006Pivot Points are like S/R points. For some reason, price is attracted to these points. Probably because the big boys use them, or probably because it's the most used system out there. The way I understand it, if price opens above the pivot point, ...
james16 Chart Thread
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habeeb replied Dec 20, 2006'Cos we're greedy

Shorting to our long entry point. Pullback to the trendline.james16 Chart Thread
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habeeb replied Dec 20, 2006Yup, got that in mind. Maybe test the Pivot with a big pin
, before heading up again. This looks like a nice entry for the BeOB.james16 Chart Thread
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habeeb replied Dec 20, 2006Huge BeOB on cable. Might see the Daily Pivot tested. Looks like we're going to have one of those crazy weeks.

james16 Chart Thread
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habeeb replied Dec 20, 2006Sux ... from now on I'm only trading the pairs that gives profit
. Thought I'd throw a chart to start the day off. Pin on Nasdaq100. Not at an extreme high, but off the trendline of the recent uptrend.james16 Chart Thread
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habeeb replied Dec 19, 2006This 4hr Pin Bar looks tempting. At the top of a rising wedge. I think I'll take it with a 30 pip stop.
james16 Chart Thread
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habeeb replied Dec 19, 2006No problems here. Sounds like a problem with your internet connection.
interbankfx connection
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habeeb replied Dec 19, 2006That's totally correct. Looks like Gold is taking a breather... but it will certainly move
.james16 Chart Thread
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habeeb replied Dec 19, 2006This move started with a pin bar. Is it going to end with this one?
james16 Chart Thread
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habeeb replied Dec 19, 2006This is very funny
. I'm still waiting for a retest of the daily pivot to enter long, and price is already trading 100 pips higher. What's even funnier, is that gold has hardly moved. Time for a break.james16 Chart Thread
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habeeb replied Dec 19, 2006Wow, freaky move there. Placed my trade, went away a bit, and now price is at the weekly pivot.
Still holding the short. Might still get away with a breakeven trade.james16 Chart Thread
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habeeb replied Dec 19, 2006Glad I didn't go short then. Went short now from 1.9532. Looking for a retest of the Daily Pivot to go long.
james16 Chart Thread
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habeeb replied Dec 19, 2006Hi Westie, My stop is "10 pips + spread" above the Monthly Pin. I would normally have taken previous highs as stops, but there aren't any around. Our stops are 1 pip apart.
james16 Chart Thread
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habeeb replied Dec 19, 2006Yup, but waiting for a nice spot to enter. Will be looking at price action on the lower time frames. I'm considering going short for a few pips now. Price is at the Daily Pivot ... 1.9495.
james16 Chart Thread
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habeeb replied Dec 19, 2006Hi Ademac, It's a correlation between gold and USD. Usually when the Gold price rises, the USD gets weaker. Cable reacts the best to this. I'll see If I can post an overlay of Gold/Cable later. Take Care Habeeb
james16 Chart Thread