So you are saying that if a upper line is busted coming from below, when the price retraces the bust and hits that line coming from above down to that busted line, that that busted power level automatically becomes a power level to go long from?

Take my word for it - A Trading Journal

billye, the problem is that a strategy cannot be proven by time, b/c the market is too dynamic, and shifts from ranging to trending, and from having high range bars to low range bars, from having short runs to long runs, so even if it is proven for ...

Take my word for it - A Trading Journal

Yeah, I agree with you in turning a negative discussion into a positive one. But when you only have hinsight trades, no information at all about where stops are used or if used, and you also turn a power level to short into a power level to buy, ...

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Well my broker opens at 5:00 eastern, that is why I said that 1.3636 was busted, if you have a 6:00 opening broker, than it would have opened above 1.3636. So I have deleted the post to save confusion. For your info, the opening price at 5:00 pm was ...

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My point is that when you get too big, you can't go in and out of the market quickly, b/c you move the maket. So it would be easier for you to trade in and out, than Buffett. Peter Lynch, the former Fidelity fund manager, b/c of this has suggested ...

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You don't mean the guy that FF banned, went to BP, got banned there, and now is back?

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Well if you have a fund so valuable, with billions in assets, how are you going to move in and out of the market to get your daily 10 pips on billions position, without moving the market in the opposite direction? If you do it in smaller position ...

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A smart one shows up... — and oh no...somebody is gonna get banned soon...welcome to the club.. url

Take my word for it - A Trading Journal

It's all very pretty in theory and hindsight claims of accomplishment...what is the method? trade bounces? but which trades to take and which to not in real time not hindsight? where is the stop being placed? or are stops even placed?...yeah you can ...

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There have been thousands of journals and nobody questions them. The problem is that this particular journal has clear unreal footprints and a clear pattern of deception, pumping, and smoke screens, all too familiar. So don't think that just b/c you ...

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Well thank you Jwentro and Angler, I could easily tell you that once in the profit I moved the stop to BE, or even that I took good profits as at one time it was up about 88 pips. The high was around dawn my time, so I was sleeping. The fact is that ...

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ready for another run?

EURUSD

after taking profits earlier, just took another long position, 30 lower than profit level bought eurusd 1.3637 stop 1.3593 take profit 1.3825 looks like ready for another run

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AGREED, total waste. If they want to believe that 1.3636/66 were long signals instead of PL to short from, as originally posted, then let them keep learning the method. Too bad, I was having a good time enjoying some music. LOL

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url ...tell me lies but hold me tight... video

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Sorry, forgot you were Australian...but I think it is appropriate.... video or video

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No Angler...when a power level short circuits, you switch from AC to DC power...that way short signals become long entries...get it? 100% winning %. This video shows you how is done. video

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url url Very efficient power grid. Good job in switching power around..that was a power level to short not to buy, given 7 hours ago while price was well below that level at about 1.3460, but all is well that ends well. A good lesson, broken and ...

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Topside failure of not reaching 1.3750..caution advised..tightening stops to 1.3667 to lock nice profits...anything above form here is frosting on the cake...let's see if a great dessert is forthcoming....time to relax....we shall see.

Take my word for it - A Trading Journal

Well as expected, our boy waited and waited for a power level that was not to be to enter the trend. Now he made his crowd miss another 150 pip move. 650 and counting. You see, history repeats itself. Last time the feds did some QE, the move was ...

Take my word for it - A Trading Journal