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- ACartwright replied Apr 17, 2009
Ok sounds good. The nzd/usd is getting there - not the most explosive move I have ever seen! Signals looked good though for the short

Directional Movement
- ACartwright replied Apr 17, 2009
Good spot! I have not had time yet to trade today. Missed out on some crackers!
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- ACartwright replied Apr 17, 2009
This pair for me did not show the ADX above 20 - so this on my chart would be a no trade
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- ACartwright replied Apr 17, 2009
You had a good and realistic TP level to start with so many congrats. The next level is prob around 84.00 ish so it is good to ocme out of this one and wait for the next that takes us down to that level. Using s/r is a very good way of TP. It is ...
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- ACartwright replied Apr 17, 2009
Good work Delta. It was a case this morning of take your pick. chf/jpy has moved well - along with soem other pairs. It would have been very difficult to have not made pips.
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- ACartwright replied Apr 16, 2009
Hi Delta, No probs. It's a shame that you did not get anything from the last trade - but hey sometimes this is how they go. Look for s/r for exits or slowing down in macd/dmi in the future. When you enter a trade let me know and I will try and offer ...
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- ACartwright replied Apr 16, 2009
I have looked over last 4-5 years on ways to exit a trade. S/R is one if the best.
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- ACartwright replied Apr 16, 2009
Ok - we will agree to disagree on the SAR
! I have never provided an exit strategy as aprt of this thread - only suggestions of what I use. At the end of the day each trader is different. What we do have howeve ris a great way to enter trades. ...Directional Movement
- ACartwright replied Apr 16, 2009
Hi Delta, I don't think over the long run that the SAR will provide good exit points. The problem with any indicator and this includes MACD and DMI is that they lag. It is normally good to use them to get in but getting out you need something twice ...
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- ACartwright replied Apr 16, 2009
Hey what do I know. Looks like you will be bagging a few extra pips Delta!
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- ACartwright replied Apr 16, 2009
Delta, eur/aud has some resistancee at 18363. Might be good to bank some pips. DMI and MACD weakening also
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- ACartwright replied Apr 16, 2009
If you are still in this trade I would bring your sl to 18300 unless you are at b/e already.
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- ACartwright replied Apr 16, 2009
Hi Delta, Sorry taken so long to get back to you on this post. From your picture it looks like the large bar was not the signal bar - it would be the down candle in your picture. Is that correct?
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- ACartwright replied Apr 16, 2009
Hi Delta, I exited for 50 pips - its moved a fair way so thought I would take it. How come you were long on that one????????? Also made 30 pips on eur/usd. Just hit my TP target @ 13128 (support level from 9th and 10th April)
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- ACartwright replied Apr 16, 2009
Hi Delta, I am currently in a chf/jpy trade which is +32. I put the stop loss slightly higher than the indicating candles high so am fortunate to be still in it. As for some comments to your last post I would never consider trading outside London ...
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- ACartwright replied Apr 15, 2009
If there is a break of 149.25 on the current candle it could be explosive north gbp/jpy Well spotted Delta. Just for everyones info my ADX read 15.50 at the low so please be advised. Also it is not within London session so there is discretion on ...
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- ACartwright replied Apr 15, 2009
Hi Scott, Its a good question. In my opinion if a down candle has a high higher and a higher low in an uptrend it is still a valid signal - (obviously reverse in down trend). This is because this is what defines a trend. I normally put the stop loss ...
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- ACartwright replied Apr 15, 2009
Just so if anyone is wondering I can spell
It's just that most of the day I am writing documents with automatic spelling. Hope that is okay.Directional Movement
- ACartwright replied Apr 15, 2009
Hi Delta, I did repsond to Scott in one of the previous posts. Your comments are correct.
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