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Pipsta replied Apr 27, 2009Well, the reason I put stop losses at BE is for scalps that all of a sudden look like there could be a longer term play possible. I'm not going to bank on anything longer but I surely don't want to get a loss from it either. To me BE is where I got ...
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Pipsta replied Apr 27, 2009I'm not asking you to. It's just that you might think this it's going to 1.28 but who knows if it will. There are wavers here who think the opposite direction is more in line with their systems. We could see 1.34 before we see 1.28, too. The guy who ...
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Pipsta replied Apr 27, 2009Every style isn't for every trader. Try not to think your style is for everyone or if you aren't doing it, it isn't worth doing. Looks like we had the 15min chart close above the descending trendline but it might not be enough. This could just ...
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Pipsta replied Apr 27, 2009Sometimes it's just as good of an idea to lock in the pips while you got them and change direction. The tide does not come in forever, eventually it goes back out. Just take into account what the time frame for the trade is.
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Pipsta replied Apr 27, 2009If anyone has a scalp long at or around 1.30 it wouldn't be a bad idea to hold them for awhile with SL at BE. This could bounce back up to recent ranging levels above 1.31 and higher. I got one and that's what I'm gonna do.
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Pipsta replied Apr 27, 2009There is a descending trendline at about 1.3015ish so be mindful of it. If that is broken with a close above it that's where the bigger reversal could come into play.
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Pipsta replied Apr 27, 2009I would consider this move in line with the current short term trend although I have a rather large trend line support at 1.2975 and a fib support at 1.2984 so I could see some reversal or consolidation at and above those levels and not be ...
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Pipsta replied Apr 27, 2009Often these 'news' related moves have counter bounces with them and wind up returning to the range it was previously at unless it was in step with the trend. That's 1.30 thresh hold is a tough nut to crack.
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Pipsta replied Apr 24, 2009Top is likely set for the day/week. With the stoch still middle of the range and bulling there could be more upside next week.
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Pipsta replied Apr 23, 2009Some of the richest people in the world are better at knowing who to listen to than doing for themselves. You may not agree with their tactics but isn't that the point of so many threads here? Not every style is for every trader. That's for life not ...
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Pipsta replied Apr 23, 2009Also why is picking tops and bottoms more risky? This is trading, it's speculation! It's risky! We're not playing tiddly winks. I've found with trendlines and SnR that it's very easy to pick them. Sure sometimes the lines get blown and it's a loss ...
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Pipsta replied Apr 23, 2009Long time trader and forum visitor — You know, I've seen people come and go for years. I myself have left forums because of the distraction that so many cross systems and methods in one spot can cause. Even if some person wants to package ...
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Pipsta replied Apr 23, 2009He tells it where to go and it goes. Or it's a kick to the pips........
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Pipsta replied Apr 16, 2009Just read the past few pages. It's pretty obvious who takes themselves waayyyy too seriously and is disrespectful to others.
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Pipsta replied Apr 16, 2009Well, I'm happy with 30 pips. I got out at 13162. I'm not sure whether this break wants to retest or reverse so I'm gonna just sit it out for a bit.
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Pipsta replied Apr 16, 2009I'm all for apple bottoms.........that's what we're talking about, right?

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Pipsta replied Apr 16, 2009Ugh, I almost shorted at 1.3200 on the last rise but felt the tightening triangle coupled with end of session low volume would have made it a risky trade and of course...the break would have gotten me a quick 50-75 pips. I'm now watching the 1.3119 ...
EURUSD