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Chicky replied May 13, 2009Thanks for sharing Gator. I am lately lightly in touch with equity, just look at closing figures - was working more on my risk assessment and finalizing job handover/takeover. Will get in touch back right away. What you mentioned today (and ...
EURUSD
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Chicky replied May 13, 2009Gator, I feel a trap being laid for Thursday manipulation. I am almost out with only 1/10 long position. Will re-enter Friday morning NY session to go with the trend of the day. You may like to check last few weeks to compare trends on thrusday and ...
EURUSD
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Chicky replied May 13, 2009Get out immediately. 50% is good, but if you lose any more of that, will take very long to come to even 50%. Wait for right opportunity. This is time to wait and re-think.
EURUSD
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Chicky replied May 13, 2009This to me is "early pa". It should have come to this level on Friday, but it is two days earlier. If this assumption is logical, it has not broken support trend line yet. Just my thoughts.
EURUSD
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Chicky replied May 13, 2009Elghoz, my friend. No one knows the answer. However, I have a piece sincere advise for you. Look my friend, not many would agree (and I don't care if they do or not), but you can make money either going long or short. Yes, pick a direction and do ...
EURUSD
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Chicky replied May 13, 2009Traders' behavior of May 13, 2009 is a classic example of how a few pip move in unexpected direction creates doubts and indicisions among them. Fact: A long term trend line broken, PA came back to re-test it. Future direction: Refer the first ...
EURUSD
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Chicky replied May 13, 2009That oil thing was once a blue moon olympic opportunity for some. A race before olympics even started. Supplies withheld at ports. Media yelling at people to buy before it goes to $200 etc, etc. As expressed thoughts earlier, this equity drive is ...
EURUSD
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Chicky replied May 13, 20091. Feel good indicator (economic condtions) 2. Feel not so good indicator (economic conditions) These are as reliable as any other bs indicators. I look at 50% fibs on daily (40-60% range) and 100% fibs on hourly (75-100% range). Plus fib timings to ...
EURUSD
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Chicky replied May 13, 2009It is simple Gator. 1. When some certainty in the market: Apply second law of motion 2. When thing uncertain: Apply third law of motion Imho, it is time to apply the third law, with caution. I am again short, basically scalping in both directions ...
EURUSD
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Chicky replied May 13, 2009I truly beleive you my friend. I am fully aware that many of our friends on this forum would have a class of their own. You be the one. But your charts are too much for me. Will take time sometime for me to grasp charting. I am an artist not a ...
EURUSD
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Chicky replied May 13, 2009I am not a bull, but a calf just born - will grow to a bull over time.
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Chicky replied May 13, 2009Please don't bother yourself. Boredtolose has been blessed with 4 brains. Left, Right, Up and Down. We will never be able to catch him. Just ask him Up or Down. He will tell you. We cannot decide up or down, because we do not have this mental ...
EURUSD
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Chicky replied May 13, 2009Notch, my margin ratio in most accounts is 1:20. Only one account has 1:50 ratio. This is yet another control. Any margin above this level is for punters.
EURUSD
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Chicky replied May 13, 2009It is very simple, if you only use one account for a whole week. Consider others as backup or reserve accounts.
EURUSD
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Chicky replied May 13, 2009Sometimes I get reckless and try to bet whole farm. Therefore I normally use only one account at a time. Start with the account that has minimum balance in it. Bring it to some level, then move to next lowest balance account. This is only first and ...
EURUSD
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Chicky replied May 13, 2009Closed all my shorts at 75% of the intended profits on each of the five accounts. Do not want to fight with the support trend line. Will wait for an opportunity to enter longs. Hoping for 1.35xx and below. Let's see.
EURUSD
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Chicky replied May 12, 2009You are rignt. It becomes very violent at times. I am not a range trader, so will keep my hands off. Maybe a couple of small trades when it starts ranging in a big way.
EURUSD
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Chicky replied May 12, 2009Several daily closes just below 1.78 should provide good support. AUD/USD also at critical stage. AUD trying to break up. Next few hours will decide with which currency to long Euro if it takes north direction.
EURUSD