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almo replied Aug 17, 2012Hi Vachus, You should wait for NY open. I don't think your going to get much if you short now I'm flat on EU right now...long on GBPJPY however. **Edit....sorry, forgot there is a report in 1.5 hrs that may help **
EURUSD
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almo replied Aug 17, 2012I have to disagree. Might be good for scalping longs , but not long term long yet
EURUSD
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almo replied Aug 17, 2012Its an improvement over the previous report. Last one was negative. This one, no change, which suggests a bottom
EURUSD
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almo replied Aug 17, 2012Ironically...that is an improvement. I don't see much action on EU until NY unfortunately...might be bed time for me
EURUSD
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almo replied Aug 17, 2012The 10% was what he said about when his trades were being pulled when he lost in the scalpers room. To me , that sounds like 10% on the value of the trade itself, not necessarily the NAV. NAV makes sense though, especially if you start trading other ...
Amazing Black Magic Trading Method
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almo replied Aug 17, 2012Chicky - Stop Losses — is 250 pips = a specific percentage? JL mentioned using 10% - although its not quite clear if he meant on the trade or on the NAV.
Amazing Black Magic Trading Method
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almo replied Aug 16, 2012Anytime - its a nice way to mark areas of S/R...I used to use them for break out trades.
EURUSD
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almo replied Aug 16, 2012Indicators -> Bill Williams -> Fractals There may be others, but that one is on MT4 by default.
EURUSD
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almo replied Aug 16, 2012Yeah, that is the only thing that has me concerned. Any sign of good news for Euro at this point is to going to send this to the moon. 1.22xx looks really tempting though.
EURUSD
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almo replied Aug 16, 2012I finally got stopped out — Massive run today....but things are starting to show signs of weakness again. I may end up throwing on a small short

EURUSD
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almo replied Aug 16, 2012If that was a normal chart, I would tend to agree with you. That is a PnF chart - pure price. Price has been in an uptrend for some time now. and we are hitting an area where its been in the past 5x now.
EURUSD
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almo replied Aug 16, 2012Hmm....I can only think of two things to say... "He who fights and runs away, lives to fight another day"....but then again "Ride the trend , until it ends....one great trend, pays for them all" - Ed Seykota **Kudos to Suntrader for posting that ...
EURUSD
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almo replied Aug 16, 2012For what its worth....about 2 days back I posted a similar chart. Where your bottom circles are, is approximately the 50% line of all time Top to Bottom. The problem is in the details...what was the environment like the previous times we reached ...
EURUSD
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almo replied Aug 16, 2012I've been really steadfast with that ....to be honest, I am going to stop posting it, as I am seeing that its a bit inflamatory. My recent posts have been found in the Recycle bin, which says quite a bit about how people are perceiving these ...
EURUSD
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almo replied Aug 16, 2012Suntrader — Yesterday you said something about Wave 3 retracement, in prep for a further Wave 5 down (sorry, I might have the terminology wrong..I'm not an EW follower) My question - the market went flatline just after that post, as I believe ...
EURUSD