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Analysis for dummies, by dummies
Started Feb 3, 2014|Trading Discussion|194 replies
After being a member for an year and some months, I finally decided to become an "OP". I ...
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WDays replied Feb 3, 2014Might I suggest looking at the trend and looking out for nearby trendlines/Support & Resistance levels where price may leave a wick?
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WDays replied Feb 3, 2014This isn't a correct trendline. It is the lower bounderies of a channel at best, although I don't think it's that either. url
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WDays replied Feb 3, 2014The trendline going down? Which one is that? Could you draw it on your chart and show me please, I'm puzzled
I'm not saying the trade is horrible because it's countertrend, I'm just saying I wouldn't risk a penny on it. But I have a ...Trading Made Simple
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WDays replied Feb 3, 2014From where I sit, it broke a daily trendline to go south. What is the trendline that you speak of? The TDI has indeed crossed, my chart had glitched. But still not a very convincing cross for me to go long yet. This could be nothing but a pullback ...
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WDays replied Feb 3, 2014Pretty early trigger in my opinion. The TDI hasnt "crossed" per se, green has touched red. Also keep in mind EU is a pair that has an ADR less than 80, so I don't think it's worth the hassle, but it's your call. UF is correlated to EU negatively, so ...
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WDays replied Feb 2, 2014Very well explained. Basically the way pivtos are drawn depends on your broker; if you have a sunday candle, the way your H1 and H4 candles print and so on and so forth. I'd like to add a few more things because I spent a lot studying pivots at a ...
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WDays replied Feb 1, 2014At last, thank you
I think we all had him on ignore anyway lolTrading Made Simple
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WDays replied Feb 1, 2014Hi there, Look at the bigger picture, don't just focus on the setup. This week has been full of setups such as this one. First off, 139.744 is the previous weekly low, which was broken and price consolidated below it for a while. It becomes apparent ...
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WDays replied Jan 31, 2014I don't think we ever stopped, there were simply some people who were trying to disrupt the learning process, in vain. Seriously, I had nothing against the guy at first, but he became extremely annoying and his posts were irritating me. If you're ...
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WDays replied Jan 31, 2014Please don't make him post anymore than he already has. It's bad enough that ignoring him isn't enough, as he still appears in the thread, just the content is hidden.
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WDays replied Jan 31, 2014This is a BEOB
The high and low of the bear candle engulf the entire bull candle... I would definitely enter there with a TDI cross 
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WDays replied Jan 31, 2014Give it a freakin' rest already, we get it. Emmanuel is the false messiah. Can you please drop it now?
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WDays replied Jan 31, 2014I'd enter at bar close. TDI crossed, APB is red, and that candle closed below the small bear trendline and below the bigger one. Bearish market on the EJ, too. The break of which wick are you referring to?
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WDays replied Jan 31, 2014For me this is a very late entry. Like I said, the entry would have been at the open of this candle if I traded it using H1.
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WDays replied Jan 31, 2014I saw LO setting up neatly, but I decided not to take advantage of it, due to the Trendline being really closeby. Eventually it managed to break the TL but was stopped by the 139.135 resistance.... I was following the logic that we're in an apparent ...
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