1.28234 is the resistance... I am still long fighting with BE.... Yet the move up would be swift. as of right this min, it is a sel.. 1.2819 is my pending sell and sl for the buy which I have open... Worse case I will lose 2 points on the buy..

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This candle on the 1m chart is very important. If it closes over 1.2823 on the bid then buy is still in order. If it closes under, then its a short, and you set a pending buy above the 1.2825 high!

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My pending sell is now moved up 1.2819 is now my pending sell, and the stop loss for my open buy, so worse case I will lose more then 2 points on the buy.... Here we goooooooooooo

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Here we gooooo. Recross of the aforementioned resistance. We closed over it... Fireworks now!

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We've now closed back under the first resistance, so a small short would be smart, but a cross of that same resistance will result in a strong move up. I'm still long.

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With gain of 4 points on the current position, you have already covered the first three losses, and your utterly far away from your stop loss.... This is trading like Mr. Roboto.

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Great we have closed over it.... Here we go!

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Ok now we are at the first resistance.... If we close over it then this long is a very good one.

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Resistance for the buy is 1.28255 and 1.28305 We break that and we should be dancing with GOD in heaven. I am holding this buy position until I tp OR when the pending sell is activated.

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Now pending BUY is activated, Pending sell set to 1.28155 This is the beauty of scalping. You will eventually catch the big push, And with the increasing lot sizes with a small sl, the profit will cover your losses atleast 4x over with every 3 point ...

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Which is something we have yet to have seen today. It is a possibility, Yet something which isn't very likly to happen. Not to mention with the arbitrage form of wagering, you increase your lot size with every losing position. So if your first ...

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We are back to our SELL..... Keep the pending buy open. If we don't breakout down from here, we will breakout up from here also. This accumulation here is preparing for a massive move. (massive 10-20 points for scalpers)

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Actually it doesn't The current time in NY is 10:57am.... Lunch starts at 12pm not 11:00am

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This form of trading is the most profittable. Especially if your able to use the arbitrage theory of wagering.

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Pending sell is now activated. Now set ap ending buy at 1.28219 sl for that pending buy is 6 and stop loss for you sell which is activated is still 6...

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Scalpers please listen. Set a pending sell at 1.28155 your sl is 6.... Right now you should have a buy order open with a sl of 1.2815..... So should this drop your buy will close and you will ride the wave down. Lets trade like robots. Whoz with me?

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What makes it a clear short for you? And how many points do you see it dropping?

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Depends on your leverage sir. If you using 100:1 leverage with 1000 usd in your account. A 1% investment would be 10 dollar position which is like .01 lot size. Depends if your account is in EUR or usd... If your leverage is 1000:1 leverage with a ...

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lOOKS like a breakout huh. So much for the indicators. buhahahhaha

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He isn't sure. I think he is saying that because he is stuck in a losing short position. Then again if he is trading 1% of his account value, then he has all the time in the world to wait for a downtrend.

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