This chart isn't meant to bias you, it is just to give you a different perspective... Plain eyeball, too, since I don't trade AJ nor do I take LT setups. This is what I see, though. The daily trendline (lime green) was broken and pair is traded ...

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A ~17 hour trade well worth the wait Good job! The skype group took a GU short on the break of a MC approximately at news time... It was a good morning session...

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Thank you for clearing that right up, a good trade it is. Green pips to you

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EJ was a really clean break, nice job to all of you who took the trade... Unfortunately the entry was around 3-4 AM my time, so I did not take advantage of it... @Munirpt I have a question about your TP, do you have a fixed one based on ADR or ...

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My take FWIW, url --> look at your TDI, it never crossed and MBL was rising, what's more price was drawing higher highs and lows... I assume you went short because of the MA acting as resistance... But you entered too early, without confirming an ...

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I've always wondered why people don't trade all these other pairs. I've stood away from them because to my knowledge they're more volatile, unpredictable and their spread is 10 times higher..... And then this friend who is completely new to forex ...

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In my experience it is rare that a major move would occur monday morning, most times price would range (just as it has today), however in the afternoon things are helluva lot different...

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?? Is that pivots? Or manually drawn S/R levels? Some brokers draw a sunday candle and indicators that use the previous hi/lo of the day or week (pivots, a simple yday's high/low indi and so on) draw wrong S/R levels because they have the incorrect ...

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I remember reading about them, they were trend followers, used ATR (that's how I read about them, actually I was looking for information on ATR) to estimate volatility and calculate position sizing... Weren't they the ones to popularize the 2% risk ...

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Added as well

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Well not 100%. There is a strategy that allows the market to pick the direction it wants to breakout in, but it is completely offtopic and TMS unrelated.

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The only thing that could cause a sudden reversal on pairs like GJ, GBPCHF etc. would probably be a strike on Syria, imho. Otherwise a period of consolidation is needed before a new trend.

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I believe you misunderstand. The concept of "expected value" implies that it has been factored in the current price already. It is a "higher than expected"/"Lower than expected" value that will cause a logical response from the market (rally if ...

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for your first question, the forecast on the economic calendar is based on an average of expectations... Everybody has his own sentiment as to what the economy of a given country is like, how is it doing. Smart money moves first and moves fast when ...

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Thank you very much!

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Hey there, I'm sorry but would you mind telling me where you got the MA indicator that changes color if price is above or below it? I've been looking for one of those, but I have no idea what they're called, and it's so much more visual than what I ...

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Once more, thank you very much for the thoroughly written reply. I appreciate your help very much. This is what confused me, I didn't consider this upmove to be anything special... Oh and thanks for clearing up to me how to trade pullback candles

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Thank you for the quick reply! I decided to be agressive because at this time of day, usually when Im conservative I end up shorting at the bottom of a move or going long at the top... Maybe I should consider smaller tfs...

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Hi, Took a short that backfired. Entered because of what I think is a pullback candle (at the vertical line), because EU has been rangey the past couple of sessions and because the RSI line was coming down from 68. I entered my trade at the open of ...

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