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Rag2RichesFX replied Aug 21, 2012Great analysis PT. Chart clearly shows a tightening range and a breakout soon to happen. Maybe tomorrow's FOMC minutes will be the catalyst needed to break the range. What is your mental stop loss on your shorts from lower? I know you are well in ...
EurAnalysis
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Rag2RichesFX replied Aug 20, 2012Yeah I agree, that is strange. You are right it's not a fixed pip value. I was just using a pip value to approximate how much I get paid from the swap. Its more like 0.95 not exactly 1 pip. Holding a EURAUD short for 1 year would give a little less ...
The Really Useless Thread
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Rag2RichesFX replied Aug 20, 2012Nicely done. I didn't day trade today but my TP was barely missed. I was too aggressive with it and didn't account for the spread enough. Will keep holding this one. My swaps pay 1 pip. What about yours it seems like a lot more? And hello to ...
The Really Useless Thread
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Rag2RichesFX replied Aug 17, 2012yeah i dont think the RR is there with Aussie. If this was the first push down into 104.50/40/35 it would be worth it to long but not now. we are below daily S3 which is very rare, perhaps that was just the final stop hunt before bulls take over for ...
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 17, 2012good call and i closed for -3 right before those stops were taken out EURAUD is giving me a headache. the buy pressure is too strong, i need to hold strong here as i know 1.1850 is a good spot to sell, but when PA is this bullish, makes me nervous
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 17, 2012cant put my finger on E/U today either we are going higher or we are going to have a tiny daily range (i cant see much lower than 1.2310)
EURUSD
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Rag2RichesFX replied Aug 17, 2012very rare for a 4hr candle with full body not to have follow through.. i am long too but will watch it carefully. perhaps the level was too obvious (104.35) so bulls will try something less obvious plus the fact that we already bounced off of 104.50 ...
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 17, 2012definitely smart to use supply/demand as hard take profit and not a certain amount of pips
EURUSD
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Rag2RichesFX replied Aug 17, 2012If 104.35 goes I'm looking for 103.00 area for next long My eye sees a lot more than 104.35 so to be honest. Especially on the daily.
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 17, 2012thank you. yes i want 1930 too where do you come up with these precise numbers? (pipettes?? thats as precise as it gets)
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 17, 2012I'm still confident we will see your leg down to 1.16.
Just don't know when but I'm confident it will happen!EurAnalysis
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Rag2RichesFX replied Aug 17, 2012cutting losers quick and trying to get precise entries has been a key breakthrough for me. sometimes ill still try the occasional 25 pip S/L but most of the time its a 5-10 pip S/L. Sometimes 1-3 pips (adding to a position on a retrace, trying to ...
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 17, 2012Short EURAUD from 118.40 Long Aussie from 104.36 No EU positions

EURUSD
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Rag2RichesFX replied Aug 17, 2012Is it finally safe to short EURAUD? Short @ 1.1840
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 17, 2012s/l below 0436?? i think aussie wants the low print of the last retrace as we already bounced 70 pips off of 0450
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 16, 2012lmao we really did bounce off the channel and back up to the trendline.. heres my speculative chart i made on monday, it has been accurate so far.. lets see if we get any follow through to this bull now. and below where we are currently on H4
EURUSD