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Jalarupa
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Postby Jalarupa » Wed Dec 15, 2010 3:59 am

Nice Humble - I'm glad to see I'm on the same page as the kreslik faithful and the Euro demise over the next few days/weeks back to 1.30 & lower... I'm in it to win it! :D
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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Humble
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Postby Humble » Wed Dec 15, 2010 6:08 am

Hi Jalarupa. That's what it looks like, until it changes it's mind!

I sometimes have a had time getting my head around what peeps are teaching, but when MO says "if you can see a loss then you can see a profit", and I look at the euro, I see a loss for those who went long on the last retrace (assuming it stays a retrace).

Good trading.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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es/pip
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Postby es/pip » Wed Dec 15, 2010 1:47 pm

Humble wrote:es/pip and alias, I thought those short on the EU were the ones with the held profit.

I saw the trade as waiting for the S&R ZL to complete and the enter short. However when looking for held profit, the move upto the ZL (dotted line) would have taken the held profit?

Just want to get the same wave length.

Image

Edit: Chart EU Daily.


yeah

the shorts were holding profit and trading long back into them was taking their held profit

on that chart after that happens, then it just becomes a s/r game
Bend over and assume the position for another 4 years of hope and change.

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es/pip
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Postby es/pip » Wed Dec 15, 2010 1:51 pm

well i was pretty pleased with that GU short the other day taking the h1's held profit



in hindsight i would have been a lot more pleased trading off this and holding it



lol


Image
Bend over and assume the position for another 4 years of hope and change.

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genlogins
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Postby genlogins » Wed Dec 15, 2010 7:25 pm

adaseb wrote:FOMC sure was a disappointment due to lack of market participants I guess.

Was expecting an EPIC! 200 pips up move and then a 200 pip down move like last time.




Ops.... I guess you did not make money than, Adaseb?

:)

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bacoazul
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Postby bacoazul » Wed Dec 15, 2010 8:07 pm

My EU short, still struggling with MO's teachings
about adding positions, all my entries are with
same size, 364 pips total till now

These are my principles. If you don't like them, I have others.

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dojirock
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Postby dojirock » Thu Dec 16, 2010 12:49 am

Nice trading Bacoazul! I dont see anything wrong withit, I exited short on GU with 205 pips today!

dojirock

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bacoazul
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Postby bacoazul » Thu Dec 16, 2010 1:42 am

dojirock wrote:Nice trading Bacoazul! I dont see anything wrong withit, I exited short on GU with 205 pips today!

dojirock


Congratz on your trade, pretty nice.
And i was talking about MO's teachings about
adding lots to your possition, is very
interesting, but i still don't completly get it
These are my principles. If you don't like them, I have others.

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MightyOne
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Postby MightyOne » Thu Dec 16, 2010 9:23 am

bacoazul wrote:
dojirock wrote:Nice trading Bacoazul! I dont see anything wrong withit, I exited short on GU with 205 pips today!

dojirock


Congratz on your trade, pretty nice.
And i was talking about MO's teachings about
adding lots to your possition, is very
interesting, but i still don't completly get it



I'm trying, I'm trying :? :shock:

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Don_xyZ
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Postby Don_xyZ » Thu Dec 16, 2010 2:42 pm

@MO, your post is still greek to me which means i haven't been reading enough to understand it :(
oh dear... might took a week or two to finish reading NLA thread.

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