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- Mike8 replied Jul 12, 2012
Parity is very likely, everyone wants a weaker currency and when it does economy will pick up.
EURUSD
- Mike8 replied Jul 12, 2012
Yes, the bottom will be reached, when mostly will think that is going further down.
EURUSD
- Mike8 replied Jul 12, 2012
Some traders are very able to deal countertrend, their risk is very tiny and profit is reached in a very short time. But I am not good at it, I need to go with the trend. I think it all depends on personality.
EURUSD
- Mike8 replied Jul 12, 2012
I just wonder sometime if all this TA is just a way to tame our anxiety in finding a justification for our action. Just a thought

EURUSD
- Mike8 replied Jul 12, 2012
Closed second half with +33. Total 23 = 1.76%.
Rat's Wallet Expansion Trading
- Mike8 replied Jul 12, 2012
First trade of the day. Short @1.0181, risked 13 pips (1%), gained 13 pips, covered half and trailed SL to 1.0190 and 1.0177 and 1.0168.
EURUSD
- Mike8 replied Jul 12, 2012
First trade of the day. Short @1.0181, risked 13 pips (1%), gained 13 pips, covered half and trailed SL to 1.0190. I have been monitoring this trade for about 2 hours. EDIT: Trailed SL to 1.0177
Rat's Wallet Expansion Trading