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NuckingFuts replied Aug 20, 2008Come on people, this thread should be about analysis and productive information. Talking how many pips you've made and how successful you are should be confined to a journal. The price is having great difficulties breaking the weekly resistance ...
EURUSD
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NuckingFuts replied Aug 19, 2008I agree we should see around this area, but not just yet. Price has run out of steam by moving too far and too fast for it to break the strong weekly resistance turned support. It may need to pull back a little to rebuild momentum for a break of the ...
EURUSD
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NuckingFuts replied Aug 19, 2008Bundy, boy I love that stuff
I agree with you my friend. We *should* see a bounce here, but it may be short lived (as you pointed out with resistance not too far up the line). It may then attempt lower towards your A++ zone (here's where I'll be ...james16 Chart Thread
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NuckingFuts replied Aug 19, 2008Thinking in terms of physics, let's say we're trying to break down a door (or the price is trying to break through PPZ). Sprinting a 3 mile run up would be pointless as you'd be too tired by the time you reach the door and merely bounce off it. A ...
james16 Chart Thread
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NuckingFuts replied Aug 19, 2008Nice bullish outside bar on the daily and no breach of weekly resistance turned support.
EURUSD
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NuckingFuts replied Aug 19, 2008I'm not familiar with that program, but I assume you test with Monopoly fake money? My point was that demo trading does not have the same emotion as live trading for many people. Sure it may for some, but like I said some people can act and others ...
james16 Chart Thread
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NuckingFuts replied Aug 19, 2008You've missed my point, one man's loss is another man's gain. The money has to come from somewhere, thus you are making money at someone's expense. There's no mysterious pool of cash floating around in thin air for the taking. In your example, the ...
james16 Chart Thread
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NuckingFuts replied Aug 18, 2008One more thing I forgot to mention about ghous' great momentum post. If anyone has not yet looked into the Vegas Wealth Builder, I strongly suggest you do so: url url url If you apply this to your charts at present, you'll notice the daily ...
james16 Chart Thread
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NuckingFuts replied Aug 18, 2008There are many threads on here that debate demo versus live. I personally 100% agree with Jim and others who promote the same path. Demo trade first for at least 3 consecutive profitable months before going live. You must exercise strict MM, get ...
james16 Chart Thread
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NuckingFuts replied Aug 18, 2008Nice post on the momentum ghous. I would like to add something here. When the market is in a particular momentum, it does not mean that buyers or sellers are dormant. Contrary to certain beliefs, for every buyer there must be a seller for a ...
james16 Chart Thread
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NuckingFuts replied Aug 17, 2008Looking for a pull back to load up on shorts (unless 1.46 breaks first). Target will be monthly support.
EURUSD
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NuckingFuts replied Aug 17, 2008See my last post, your broker would not be quoting true interbank prices. When UJ is down, it does not guarantee that EJ will be down. It depends on what EU is doing as well. When UJ is down and EU is down, it is guaranteed EJ will be down. ...
Daily EUR/JPY analysis
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NuckingFuts replied Aug 17, 2008We should see a pull back soon (if not already). Perhaps not a trend reversal, but a move like we've seen cannot be sustained forever. Sellers have to run out sooner or later.
EURUSD
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NuckingFuts replied Aug 17, 2008That's not correct with cross pairs... You may see a slight difference from broker to broker because they would not be quoting true interbank prices.
Daily EUR/JPY analysis
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NuckingFuts replied Aug 17, 2008On first thing Monday morning (Sunday for the US)???
It's a scalpers range. Probably until Euro session, maybe US session.EURUSD
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NuckingFuts replied Aug 17, 2008Nice observation de123
Euro has hit its first major obstacle since breaking daily support at 1.55EURUSD