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scottymoll replied Jan 28, 2010I'm building a long position. My current cost basis is 1.3952. I will continue to "average in" until the inevitable push higher.
EURUSD
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scottymoll replied Jan 21, 2010I'm still looking for 1.6065 for a 300 pip profit. I'm confident that we'll see it by close tomorrow.
Cable Update (GBPUSD)
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scottymoll replied Dec 11, 2009Building up longs again — Ok guys, I have begun to build another long position @ 1.4650. I will continue to add size if it drifts lower. The EU will see 1.4915 again soon....
EURUSD
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scottymoll replied Dec 8, 2009Yep, same EU you guys are looking at. I trade what I see. In the grand scheme of things, we've had a monster bull run almost a year now. But, we are starting to break through some longer term support and the bulls will have a battle ahead if they ...
EURUSD
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scottymoll replied Dec 8, 2009I'm looking to ride my long up to the 1.4850-1.4900 area where I will begin looking to short again. Overall, my longer term outlook is bearish, but that doesn't mean I can't collect some pips on countertrend moves. In fact, I scale into most of my ...
EURUSD
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scottymoll replied Sep 24, 2009I am looking for 1.4535 as an initial target and will continue to scale out as price goes further below that level.
EURUSD
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scottymoll replied Jul 20, 2009I'm calling for a monster down move in the next day or two.... Watch it happen.
EURUSD
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scottymoll replied Jul 16, 2009Is there any way for us "retail" traders to track bank orders in the forex markets, or is our only option to rely on rumored orders from other websites etc?
EURUSD
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scottymoll replied May 18, 2009Hey Raza, thanks for the info. Just so we are on the same page... The recent trade you took was from a "hidden divergence" where the RSI made a higher high, but price failed to make a higher high (right at the 61.8 level)?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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scottymoll replied May 18, 2009My understanding of divergence would be when price makes a higher high, but RSI makes a lower high. This doesn't seem to be the type of divergence you are talking about...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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scottymoll replied May 18, 2009Hey Raza, Which divergence are you talking about specifically? I see a few...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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scottymoll replied Nov 3, 2008"2-start with .5 % then add every 50 pips to stop loss at 200 pips away .(this way you will minimize your loss more than 50% and maximize you profit.)" I'm not quite sure i understand what you are saying. Can you please clarify how you add to your ...
My own developed benkyalate system
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scottymoll replied Sep 11, 2008Mouteki, I also would like to express my gratitude for your willingness to share with us, a method and process toward successful trading. It is brilliant and I can't wait to see what else you bring to the table. Please ignore any naysayers and ...
New Mouteki Method...
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scottymoll replied Sep 6, 2008I was just thinking the same thing. This is an amazing piece of information he has shared with us. I completely grasp the concept and see the potential, but I'm having a difficult time figuring out how to actually trade it. I'm the type of trader ...
New Mouteki Method...