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- Katalyst replied Mar 22, 2009
Well, to be honest, I scalp intra-day as well as position trade. I position trade based on the 15 min timeframe, but mostly based on price action, support and resistance levels, and candlestick patterns like pin bars off the 1H timeframe. In between ...
- Katalyst replied Mar 13, 2009
Take a look at the two rectangles I've drawn on the chart. Those with more experience, here's a question. It looks very similar, and if that's the case, we might be looking for a big move down.
- Katalyst replied Mar 13, 2009
Here's a chart.
- Katalyst replied Mar 12, 2009
Short to at least 1.2800. Will close half of my position out at 1.2850, and let the rest ride down. Euro session should see it test yesterday's high again. Buy limit order at 1.2800 if PA agrees later.
- Katalyst replied Mar 12, 2009
I will be looking for longs, instead of shorts at the moment. But not right now, market is still pretty much undecided by the looks of it. Next target will be 1.2850 or 1.2880. Unless of course a 1H candle closes below the 1.2740 line.
- Katalyst replied Mar 9, 2009
Hmm...
- Katalyst replied Mar 5, 2009
Well, it played out exactly as planned although I think that I closed the trade and took the profits pretty early at about 35 pips or so. Then again, I took a high risk trade at 5% of my total account value which was roughly at about 4 standard ...
- Katalyst replied Mar 5, 2009
Personally, I can only see this going short at the moment from this current retracement. It tested the coral line several times, but can't seem to get past it. Saying that, the bears haven't showed up either. I'm in a short position right now, so my ...
- Katalyst replied Feb 18, 2009
Here's a chart.
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