Did anybody catch the fact it looks like a channel on 5m and 15m ?

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Well, they say the real pros ussualy capture only a third of the bigger trend moves...

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I'm mostly sticking to using my systems, and they dictate the trade to me. The local trends and S/Rs matter, the lobger term not really - I don't try to capture big moves with my ma crosses for example, just going for a set small tp. Not trading ...

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Now it's time to check the technical analysis text books, do we get a drop the size of the base or not.. If only it really worked that way always...

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When you trade 1m, you ussualy don't care where it's going Frankly, no idea plus today is Friday so it's no real indication. EDIT: long off the border line of course. Getting tight in there, not scalping it any more.

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Who knows ? I shorted at 612 now for the longer term (sl 625) plus another small grab off the upper triangle line.. url

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I know, I'm a coward who went against his own system and moved the sl..

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Triangle low again, 3 pips grabbed, let's see what gives..

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Strong interaction with m1 ema250 (m5 ema50) all the way..

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There are 2 or 3 more lower touches on the bounce near 550, look at the chart If you mean where it will go, more chances for a bear I guess..

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Hmm.. sorry, I was distracted here myself, actually I'd personally grab a few pips and walk away and look to enter again between 615-620 or at least above 610.

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Theoreticly, it should still drop to at least try for some kind of second low if not more.. If I had a short from 56 I'd put it against 625.

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Bounce off triangle lower border line, didn't notice that one until now..

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25 pips to say 45.. (at 5600) Not a bad r:r and by the way it looks.. maybe.. Just remember it was your call either way EDIT: 45 is for 555 of course, who knows if it'll make it that low again..

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I just grabbed 4 bounces off 562 with 7-10 pips each and about 1:1 r:r Gotta go back and test this bounces against support system as I was considering once, looks goooood

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16 I got small longs open, but no SL at 54+ or anywhere and I can take it to 1.5 too.. Then again, I'm having fun with a couple of bucks with that and would never do it with big money.

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All in ? If there's one thing I learned about forex it's to never say never... Guard your money..

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It's Friday, I'm guessing the guys who move the market are not gonna do it today..

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590

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Whoa.. came back and it collapsed allright, maybe I shoulda traded a bit of that.. oh, well Shorted the rebound now, or at least I hope it's one..

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