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Byrd replied Mar 11, 2009Every time I post a number in advance I get stuck missing the train. Anyhow, I'm going short from 1.2875 no SL. Seems like 1.2875 is a resistance area and still in sight with atleast one more "call to action" from the EU on the 1m. It's also nearing ...
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Byrd replied Mar 6, 2009My outlook for the next couple days: I'm flat for the time being and will not hold a position over the weekend. My intuition tells me a gap down, slight sell off, run up to the 1.28-1.2850 area with a sell off from there. I chose this because it's a ...
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Byrd replied Mar 6, 2009Either way, a sell at 2730 would still have been a good position thinking longer term. I would have kept it and just held it over the weekend. Hindsight is 20/20 though!
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Byrd replied Mar 6, 2009Who is we? You are in control of your own account. It could have very easily spiked 100 pips the other direction also and you'd be in praise. Sit tight, there will always be another chance.
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Byrd replied Mar 6, 2009It's still early guys, we had a +100 pip run up and down last week around lunch time (us). If anything this run is going to be a couple hundred pips up or down, best to stay patient then blow your account. And it's Friday so if you make $0 that's ...
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Byrd replied Mar 6, 2009Possibly, but I think there will be a ton of sellers before that and it's hitting a trend line around 1.2775 along with fib level. I can sweat +100 pips for +300 or so the next week.
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Byrd replied Mar 6, 2009I'll be shorting half position at 1.2775 and full at 1.28 if it gets that high with full intentions of holding it for most of next week. Stay patient! ~1.2775 is 62% retrace of 1.2990
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Byrd replied Mar 6, 2009Hmmm, bearish divergence forming on the 1H according to stoch's. Let the candle close obviously, and dare the trade if you wish. Personally I'm out till NFP. I'm just happy to see this thing moving again.
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Byrd replied Mar 4, 2009I really appreciate the insight and thanks for the graphs throughout the day. I'm relatively new, and learning everyday.

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Byrd replied Mar 4, 2009In my opinion, yes. They did buy at the beginning of last week to hit the 1.2990 with a sharp sell off after that but I've been noticing the majority of Asian sessions have been sell offs. Don't hold me to it but I think this was a dead cat rally ...
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Byrd replied Mar 4, 2009There was bearish divergence on the 1H around the 1.2650 level which is the main reason for my entry. We are at the top of a bearish channel and the asians love to sell the $. It's a little late to get in at any direction at the moment, but if you ...
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Byrd replied Mar 4, 2009I got out at 1.2600. +50 pips and I'm done till the rate announcements tomorrow to catch the train.
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Byrd replied Mar 4, 2009I'm going to say sarcasm. I don't believe this rally, still short from 1.2650.
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Byrd replied Mar 4, 2009Thanks! I'm also holding onto my short at 1.26. I'll avg down at 1.27 if we get there.
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Byrd replied Mar 4, 2009So this suspected ECB rate cut would strengthen the dollar? Someone said earlier it would weaken it. Any info would help.
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Byrd replied Mar 3, 2009Oh no he didnt! — image Although this is entertaining, arguing over the internet is like winning the special Olympics.... even if you win you're still retarded.
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Byrd replied Mar 3, 2009Yea no kidding, I've been waiting for this for the past week and a half..... and it feels so good haha Good lord.
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