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Razor_trader replied Mar 31, 2009Nice call, I still have breathing space for the retrace if that is all it is, otherwise ill be out for just under 100 pips. Wont be bad 330 yesterday 100 today pretty darn good week so far

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Razor_trader replied Mar 31, 2009Absolutly. If you take trades based solely on the advice of someone whom may have no idea what there talking about (in my last post I said we are looking north so not too sure why there are some looking south, the daily open candle is bullish) you ...
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Razor_trader replied Mar 31, 2009Daily candle is up. You should be looking for reasons to buy the GBP/USD. Im am glad you took your 12 pips. Going long on the last IB might be tough. It is a fairly large risk candle in terms of pips, and there is resistance around 4360. If we break ...
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Razor_trader replied Mar 31, 2009The pound/US is the only executable IB so far today. I have looked at the major TF's of 1, 4 hr and daily and nothing. If you were long on the pound with the IB your up a couple of pips
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Razor_trader replied Mar 31, 2009Well I really hope and according to the daily candle it will be on the upside. I will be ever so pleased if it does. At the moment it is just outside the channel, im up 120 pips and my SMA has locked in 60 of them. It really needs to break as the ...
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Razor_trader replied Mar 31, 2009gbp just doesnt want to break the top of this channel. Damn thing
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Razor_trader replied Mar 30, 2009eur — eur finally closed, price hit my SMA for a nice total of 330 pips. GBP is still active and up 88 pips with 30 guarenteed. nice monday
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Razor_trader replied Mar 30, 2009nah, i get big spreads with the CAD so i stay away. Did you take it long
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Razor_trader replied Mar 30, 2009Swissy closed for loss of 26 whilst the pound is looming near my SL, eur is still running
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Razor_trader replied Mar 30, 2009did you take the GBP short or long with your initial trade
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Razor_trader replied Mar 30, 2009Current Positions EUR Short @ 1.3533 Current Lm @ 1.3251 (282) USD/CHF Short @ 1.1484 SL 1.1510 Risk 26 pips GBP/USD Long @ 1.4185 SL 1.4132 Risk 53 Pips All trades currently executed with the last 2 up 6 pips. Good Luck all
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Razor_trader replied Mar 30, 2009GBP — Well we got an IB on the GBP/USD followed by a pin bar that has gone down to support. I will be long if she breaks above the IB. There is a bit of risk with this but the support line has held, the pin bar confirms that we might have ...
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Razor_trader replied Mar 30, 2009GBP/USD — It is reaching some support from the last up trend. this could be one of the last support barriers to keep this pair up. After there we only have the horizontal supports. The open candle is bullish so this could mean that with a pin ...
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Razor_trader replied Mar 30, 2009This is where you need to trade at your own discretion. I say this because for the major pairs, the london open candle was against the flow. Take the swissy and the euro. Both have changed direction since the last big moves a few weeks back and have ...
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Razor_trader replied Mar 30, 2009PIPS PIPS PIPS — It is a great start to your trading week when you can finally have the discipline to allow the system to work for itself. The eur trade that I have been so patient with has almost gained 400 pips with this move and with my SMA ...
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Razor_trader replied Mar 29, 2009It depend on how you take profit. Some are using a particular indicator that when price comes back to they take profit, others may have a set price in mind. The key is to trade your system, find out what works best for you and trade it ALWAYS. For ...
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Razor_trader replied Mar 29, 2009and another area where you will frequently visit that can give you GMT aswell. Didnt even think of this one nice job. SO long as you have something to show you what time it is in london currently, then nothing else matters because regardless of ...
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Razor_trader replied Mar 29, 2009I simply set my laptop clock to GMT so that I whenever Im on it it gives me the london time. I dont need to know what time it is here, if i do I look at my watch but because your trading from a PC or laptop it is easier to have that time set so that ...
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Razor_trader replied Mar 29, 2009No. You are waiting for the completed 0600GMT bar to close. Based on the finish of this bar, whether it is green or red (bullish, bearish) is your bias for the day. You are then looking for IB for the next 9-12 hours as these are the busier periods. ...
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