EU approaching strong resistance zone between R78 and R100. A reversal on this area is a welcome development for those who are Euro minor pairs short.

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Last weeks panic leads to price extremes but still follows technical features such as support and resistance, on key pivots this week. The good news is, this creates a lot of opportunities for buys and sells, it just now depends if we take advantage ...

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Crazy markets all over - stocks, currencies, indices... In heavy DD on EN, also wrong on my take with EG but GN is right in the eye. No margin left to take advantage of the corrections though, but glad I survived the carnage. On to the next week.

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Waiting on the sideline to see PA on EA. Patience and discipline is in full play here. EU is making a recovery while AU continues its downtrend, and almost approaching its lowest level since 2008. In case that AU makes some correction, EA will ...

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Forex is indeed simple but complicated the same time. That's the reason a successful trader needs a lot of experience (i.e. screen time, losing and winning trades, analysis of why trades worked or failed, etc), patience and discipline. Having a good ...

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UC Bearish rejection candle off R38 and multi week resistance at daily TF. Showing some cracks. Will hold and add more positions. Red US data later this week would help.

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Thanks. Also noticed the situation with oil. But take the decision to short UC due to position and PA (R61 and 4H bearish candle when took it). Will hold it, esp due to bounce from R100 which also happens to be a strong multi month resistance zone. ...

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Possibly good for my UC shorts 3 indecision candles for consecutive days. These releases might finally gives direction to UC downwards.

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Watching EA for possible trade after a strong bullish pin bar/rejection candle in the daily TF and @ S38 zone, but also taking in mind the RBA Policy Statement to be released in a while.

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G pairs are in interesting levels, will watch how these pairs will unfold PA wise post Brexit.

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EA I'm particularly looking at 6615 to be reached and watch the PA there before I decide to close my trades which are currently in DD.

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Thank you, Davit, for pointing it out. Learning is thus non-stop. I think this is the part where my trading is failing me - over analyzing and overthinking the news events and takes away the correct judgement when its the time to execute based on ...

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Just would like to share whats on my journal regarding Aud and CAD (also applies to NZD in lesser effect) AUD was severely affected by US-China Trade war which goes to show that AUD, as a commodity currency, depends on robust global trade to be ...

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Advance Merry Christmas to All!!! Thank you to all the members here who helped and inspired me to become a better Forex trader, especially to Davit. See you guys in 2020!!!

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Employment figures do not disappoint this time. Here's to way to recovery of our AN Longs! Glad that I also took AC longs, its a very high probability set-up as Davit already said in earlier post. EA reach my TP as well.

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Currently on small trades on EA. May have to wait till Thursday for NZD to show some cracks.

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