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palabara replied Oct 12, 2012you know what doesn't make sense.. why are they buying on their own instead of going with the strength?
EURUSD
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palabara replied Oct 12, 2012if BIS is buying then no other currency would be effected.. and it would guess would lose is strength fall down gain strength on the fall down break the support and extend the range down.
EURUSD
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palabara replied Oct 12, 2012the greatest show on earth -- when nothing ever make sense step right up and buy a ticket.. up today down tomorrow oh no wait fooled ya still up!
EURUSD
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palabara replied Oct 12, 2012it seems like the opposite of yesterday..Last night Euro.. tumbles down to 1.2825.. then comes back to 1.2890 and closes at 1.2950.. Same scenario different levels?
EURUSD
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palabara replied Oct 12, 2012EUR/USD has rallied quickly, presently at 1.2965. Talk is BIS has stepped in buying Do you think BIS is buying?!
EURUSD
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palabara replied Oct 12, 2012strong possibilite that it might happen.. it will all depend on pressure and momentum, if a large sell off will happen at .2902.. it will cause it to pull back that might be reinforced with enough buying to push it back higher.
EURUSD
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palabara replied Oct 11, 2012the rally is being liquidated and we should be returning back to the levels before this up rally.. Courtesy of dealers.. damn jack asses! Now we are returning back to our regulary scheduled programing.
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palabara replied Oct 11, 2012update on the AUD — So quick update on the AUD the stop-hunt caused a buying rally bringing it back up to the previous level right below the resistance where it just stoped the rally before. the jump to hit the stop losses caused a rally of ...
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palabara replied Oct 11, 2012That's a good question. fairly enough there is no easy answer.. for me. I don't have a subjective stop-loss.. I don't like actually puting a stop loss as in physical because.. I don't want to be flagged.. It is very risky, because if the market gaps ...
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palabara replied Oct 11, 2012Then lets agree to disagree.. and if you feel im misleading then by all means you can start a thread and offer proper information.
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palabara replied Oct 11, 2012but while we're on subject.. let me educate everyone what "scalping" was its not about grabbing a few pips.. back in the day.. when you had dealing desks.. Dealers would all offer diffrent prices. because there was no being connected to the ECN.. So ...
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palabara replied Oct 11, 2012Anyone can do.. however they feel like doing and label it whichever way they want. The bottom line is that people worry about things that have nothing completely to do with making money! I don't care if or you or anyone else trades 1 trade per day ...
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palabara replied Oct 11, 2012Here is the chart from earlier I have labeled it. image
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 11, 2012That's very important.. never over trade when you feel you accomplished your goal go do something the beautiful principle of forex.. you have freedom! More importantly.. as long as your winners always surpass your losing trades you always are ahead. ...
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palabara replied Oct 11, 2012Welcome aboard Jack. First let me start by saying.. Keep working on it.. success doesn't come over night. It took me 8 years before I started hitting consistent profits. That's depressing to hear, I know. I have not used.. Nanningsbob's recovery ...
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palabara replied Oct 11, 2012the Australian dollar made one more run towards 1.0270 My suspicion it was a stop-hunt for all the shorts that are build up. The euro also made another attempt at a run towards 1.2940 but not as momentum as the Aussie did. Got to love dealers and ...
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays