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the redlion replied Oct 12, 2011you mean the scout well 1.3687 lined up with previous price ceiling and looking at the daily seemed that a correction was on the making, combining with daily pivot R1 made sense with ATR range. however i dont think this kind of volatility is natural
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011
some one is buying euros.... that is more than evident. there is something going on, behind the scenes, maybe the CB's are coordinating something, this is unnatural price behavior, all this straight up lines very deep pockets are have ...14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011for three days they tried and seems like it was successful i am reading reports in GFT that MAJOR barrier options and Clusters were taken out 1.3700
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011scout may be lost, very little damage, but for now i will watch how this one reacts. BUMA everything is clearer in hindsight lol
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 11, 2011i think the sizes on the Ask are not as many anymore some are covering longs, seems like somes stops got tripped as well, and a lot of big players and manipulators might be or already took profits, seems like down we go, i am awaiting a safe short ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 11, 2011hey boss, i am glad to see you dancing so well. leave some pips for the rest of us, lol the US is trying to start a trade war with Panda, personally i hope we stop stereotyping and finger pointing we blame the illigal aliens we blame China we blame ...
Technical Analysis Fallacy
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the redlion replied Oct 11, 2011the bulls have taken to retreat on the Euro now, funny Monday did not carry over to tuesday and seeing the Asia open, the market is showing bearish sentiment. safer to short rallies, use stops if longing and make them a quick snipe.
EurAnalysis
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the redlion replied Oct 11, 2011the bulls have taken to retreat on the Euro now, funny Monday did not carry over to tuesday and seeing the Asia open, the market is showing bearish sentiment. safer to short rallies, use stops if longing and make them a quick snipe. image image
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 11, 2011
duly noted, lol, just the name looks too much like mia, 
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 11, 2011hey mla are you a guy or a girl, im just curious,
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 11, 2011and regarding rescues, i want to go on record saying that rescues are not to be taken lightly as the risk exposure expands exponentially. one must trade and treat each position with strategic importance, now when underwater there are 2 options, bite ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 11, 2011hey buma, i notice you are treating the crosses as legit pairs, dont forget they are synthetic. the main majors are gbp/usd eur/usd aud/usd and usd/jpy usd/chf usd/cad the only other true cross is the eur/jpy eur/gbp is eur/usd vs gbp/usd the ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 11, 2011i dont know how much is in the word document but read the thread, i assure you you will not waste your time.
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 11, 2011yes mla, his followers are a little weird they shun anything that is not EXACTLY LIKE FTI but.....you gotta understand he was market maker spot fx, at tier one interbank and CEO of a tier one bank in Singapore, top dog in strategic arbitrage. once ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 11, 2011yes you can mla, just have a tick chart open and/or the quote board, keep in mind that the price moves on consumption of liquidity, and you should be set, you see the tick happens BEFORE you can see on your five minute, the five min is the measure ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 11, 2011read fti post and you will find out, he is the master but depends if you are wrong you can chop off your head so it is crucial to rescue at the right time and recognize if your rescue was unsuccessful, ie if bulls had shown hand i would have waited, ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 11, 2011the floor is the resistance mla usually after a breakthrough we see a bounce, i looked when the quotes stop eating liquidity on the ASK once the price was matching heavy on the BID i pulled the trigger, as the Frenzy slowed down i bailed.
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 11, 2011correct MLA i averaged down close to market when i saw the opportunity the skew had to account for the loss and the pips against me, i was 8,000 down so by calculation i needed 30,000. got the opportunity, pulled the trigger and bailed out with ...
14 Year Old Forex Trader's Lessons