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    • mfoste1 replied Jul 26, 2011

      when a pair makes new record highs/lows, there are pretty much no more buy stops, after that its all options related protection. So basically dont fight the trend, buy dips.

      AUD/USD
    • mfoste1 replied Jul 25, 2011

      i guess theres a usd/jpy barrier at 7775 which is supposedly big, so if that gets taken out usd could selloff a lot more, so be careful with those usd longs

      EURUSD
    • mfoste1 replied Jul 25, 2011

      i would only be buying dips euro, short scalp may be good near 4500 ive been long euro for a few days, covered some earlier today, wish i wouldnt have. got long au last morning london sesh, might cover some 110 usd short trades are getting more ...

      EURUSD
    • mfoste1 replied Jul 25, 2011

      i wonder how profitable that strategy would be to enter short usd 5 minutes before any given politician/central banker speech? Im guessing with a win % of close to 70% and a 3:1 RR parameter it would be extremely profitable....

      EURUSD
    • mfoste1 replied Jul 25, 2011

      might be a good area for a short scalp....with a stop closer to 4500 however sp still needs to close gap from 1345 on sunday open. so that close to another 10pts in sp....do the math for correlated euro pips

      EURUSD