USD/CHF looks like a sell if we can reach 1.1675-1.1685.

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Orcus, Your trade triggered at .5000 or on the initial "almost" price action to .4997? Good work on the U/J trade, I saw that it had dumped and was hoping you had kept it on.

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Sounds good, thanks for the breakdown. Yeah, it blowing past 65 was discouraging but that being said, we just had the bounce at 85 which was close enough to the 1.1465 level to virtually negate it as a "no brainer" type, I believe? So, both levels ...

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Excellent trade but my concern was that price would bypass this shorter term bounce point (your 1.1485ish) for the 1.1465 daily level, perhaps go a little past that and all of the sudden you're stuck with a larger stop/reduced lot size to allow for ...

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On that trade, with that support running at 1.1615-1.1625, I would have taken the pips and run or moved stops to B/E and look for continued movement downwards. That is too bad about the S/L being tagged, especially when you nearly had that higher ...

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U/C - You were stopped out on that spike to 1.1653ish?? Otherwise, it looks like price came down to support/previous resist at 1.1620 before bouncing, which should have offered you 15-20points profit and at least a stops to breakeven move? Let me ...

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Closed out my 1.3050 short at +60/1.2985 (+spread).

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I shorted USD/CAD at 1.3025 & 1.3050, 1.3025 has been closed at B/E with 1.3050 running, stops at breakeven. I'd really like to see this below 1.30...otherwise, I'll let it take me out at B/E.

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Yeah, it's definitely early, but it's on my watchlist. I'm bummed about the timing of it all though...was really hoping to see a move up earlier so that I could play the bounce sometime in the NY session.

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Watching for a EUR/USD short around the 2.268 range

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RC, what do you take of that spike down to 1.2520 on the EUR? Still going to look to go long on next leg down to actually touch the 1.2512 hot spot? Or is the trade now negated as that last spike was close enough and has since provided some retrace? ...

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USD/CAD moving up to that resistance range...

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Trend line gap is one thing I look at...we've been rallying pretty hard and whether 1.3 provides a 50 point bounce or 500, I do believe there will be some sort of retrace at that number. All of that being said, we rallied 2000 points on the fourth ...

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Gotcha, your reasoning for exception makes sense.

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Haha, glad to see you here! Yeah, please close your market moving long just short of 1.30 so we can all sell, mmk?

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Sounds good Sherm. I'm looking to scale in 2-3 smaller positions as there is a bit of a range of resistance

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Yeah, I've been waiting on this one for awhile. Faded the last spike back in December for some nice points.

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So we're a ways off...but short USD/CAD 1.30 anyone? I know I've been waiting for awhile on this one...

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Watching the USD/CAD - levels of 1.2741-50 & 1.2765-75. Don't want to get in front of a train...we did just break a triangle dating back to October. Will be mindful of price action. And it's Friday. News released...hmmm image

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This AUD/JPY looks like it might make a perfect example of Sherm's waiting for the best possible (short) entry against retail traders. My concern in the strong hourly close...we'll see. Not my pair, not my trade but from the chart, it's screaming ...

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