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Waka replied Apr 16, 2009You could be right, you could be wrong. Same with everyones predictions. The market is not bias to anyones thoughts or wims. A similar wedge occurred on the 7/04. And it was broken to form the second low of the current short term trend. I'm not ...
EURUSD
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Waka replied Apr 16, 2009Since everyone is in the mood for posting there predictions, I will share mine. I don't have a clue. I haven't quite gotten to the point where I plan possible decision points in the future and to be honest I've given up predicting the markets ages ...
EURUSD
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Waka replied Apr 16, 2009Your direction to the thread will provide more insight in the long term. Explaining a pullback in timeframe is almost useless if not firstly approached with a good trading technique. A thread like that and something like j16's thread is a have to, ...
EURUSD
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Waka replied Apr 16, 2009mmm, nice start to that thread. Deffenitly worth a bookmark. Thanks for the direct to it. JC
EURUSD
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Waka replied Apr 16, 2009What time frame you looking at? You probably need to pull back a few timeframes to gage decision points, then focus in on lower timeframe to find optimum entry point. JC
EURUSD
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Waka replied Apr 16, 2009Oh OK. Your post was directly after mine, so just wondering as I was trying to help someone. JC
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Waka replied Apr 16, 2009I don't want to patronise you, but this is a place to learn. 50% risk on 4 trades will blow your account eventually. Ask the silver haired vets here. They all done it a few times each. Read some threads on Money Management. Some say it's the very ...
EURUSD
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Waka replied Apr 16, 2009If you risked between 3-5% the trades then you should be able to take emotions out of the decision to cut losses, because you have more than enough equity to trade another day. But if more than that you need to watch PA make a un-emotional decision. ...
EURUSD
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Waka replied Apr 16, 2009You need to watch carefuly now then, because we're in decision zone. A break down from here-ish could give you some headaches. JC
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Waka replied Apr 16, 2009He had a trade from this morning, at work and not able to make changes, so I guess he's happy with 100 pips for the day. JC
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Waka replied Apr 16, 2009Depends what time frame you're refering to? Do you not have a chart in front of you? JC
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Waka replied Apr 16, 200930m previous low broken. You might see your TP hit in the next 30mins or so. JC
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Waka replied Apr 16, 2009I agree. I been fighting this the whole day, looking for a better exit to cut losses. But, always seem to be waiting for another better exit (I wish I had a traders brain ;-) ). JC
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Waka replied Apr 16, 2009I'm looking for 1.3151. Made a short sited stupid short trade this morning and left it (JC smacks ass for not looking at short term trend line support levels before placing trade). Now looking to close on the way back down, if it gives me a chance. ...
EURUSD
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Waka replied Apr 6, 2009I fear you are right. Hopefully for most, the market moved too quick for most to enter. JC
Hedge trading spieler system derived from futures spread trading
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Waka replied Apr 5, 2009Yup, I understand the move was not correlation/decorellation driven and therefore there is technically no reason to expect it to recorrelate back to pre March 12th prices, this is not really expected over the long term in normal market conditions. ...
Hedge trading spieler system derived from futures spread trading