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LizardGizzard replied Jun 30, 2008Oh you're trading weekly. I'm trading 4Hr and less, so there stand to be some decent gains unless 105 breaks. If so, I'll be shorter than Webster.
USD/JPY Discussion
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LizardGizzard replied Jun 30, 2008Looks like this is a very possible northern turnaround situation. I'll go long here with a stop at 105. Pretty decent risk-reward.
USD/JPY Discussion
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LizardGizzard replied Jun 30, 2008You guys sure do sweat every little movement. Try ZOOMING OUT a little bit so you can breathe. If you're sweating little moves like that, you need to lighten up your load a bit.
Cable Update (GBPUSD)
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LizardGizzard replied Jun 30, 2008Yes, holding shorts based on divergence confirmed by price action....via 15M time frame (this is a detail I think too many posters neglect to share) -Liz
Cable Update (GBPUSD)
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LizardGizzard replied Jun 26, 2008Pretty choppy week until breakouts last night. Got dicey early in the week but now account back over $2,600. Gotta watch the risk/reward a bit more carefully and not trade pre-news. Still, happy with my ability to read the markets and change ...
Liz Does Forex
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LizardGizzard replied Jun 26, 2008What a fantastic morning across the board. Love it when all pairs line up and fly right.
USD/JPY Discussion
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LizardGizzard replied Jun 25, 2008Man, I sure don't see any evidence of that yet. Looks like the momentum has certainly shifted to the downside.
USD/JPY Discussion
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LizardGizzard replied Jun 25, 2008I'm not sure I understand this "market is dead" talk and talk of shorts. I see a very healthy momentum thrust to the north. Maybe I'm just mental. ;-) -Liz
Cable Update (GBPUSD)
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LizardGizzard replied Jun 25, 2008I intend to ride this one for a while. Got long EUR and GBP, short CHF and JPY. All markets making a break for it. Got fooled this morning by positioning wrongly pre-announcement, but things seem to be looking square at the moment.
EURUSD
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LizardGizzard replied Jun 25, 2008This could be the big break needed for north. Certainly betting that way meself. :-) -Liz
EURUSD
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LizardGizzard replied Jun 25, 2008Huh? When the market goes up strongly and breaks above resistance, that's bearish?
EURUSD
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LizardGizzard replied Jun 25, 2008Well I eat my words. Shorted USD/JPY myself after the reversal.
EUR/GBP SHORT for No Brainer
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LizardGizzard replied Jun 25, 2008That's usually pretty telling, no? :-) -Liz
Cable Update (GBPUSD)
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LizardGizzard replied Jun 25, 2008Well, hey, that's what makes the markets move....differences of opinion. I see strong momentum, a break above resistance, a reversal yesterday, rising momentum (as indicated by price movement, NOT an indicator). I s'pose we'll sort it all out in a ...
EUR/GBP SHORT for No Brainer
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LizardGizzard replied Jun 25, 2008Well you've got em if you're shorting here. CAn I ask your reasoning?
EUR/GBP SHORT for No Brainer
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LizardGizzard replied Jun 25, 2008Personally I think you're nuts to short here. But I've been long for while, so maybe biased. ;-)
EUR/GBP SHORT for No Brainer
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LizardGizzard replied Jun 25, 2008Glad I put my shorts on earlier. Looking set up across the board for dollar rise.
Cable Update (GBPUSD)
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LizardGizzard replied Jun 23, 2008Yes, my stance is never to predict, but to ride along. We all have our own methods. For me, its riding the waves, not via Elliot, but via support/resistance and momentum. Works for me, anyway. But yes, to each their own.
USD/JPY Discussion
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LizardGizzard replied Jun 23, 2008Dove, I'm not trying to downplay your own use of indicators in your trading success. Just that most newbies in the first year or three of trading are constantly on that quest (I was too) and don't realize that trading has a lot less to do with ...
USD/JPY Discussion