PA, S/R, ZL, EXTREMES & MOMO

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ajaymein
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Postby ajaymein » Wed Mar 23, 2011 8:29 pm

Loving this trade right now on kiwi off H1 momo and supply area

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Gonna hold it with stop above high through the NZD GDP release in an hour n 15
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ajaymein
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Postby ajaymein » Wed Mar 23, 2011 8:34 pm

We could see plunges in Euro related currencies bc of the recent after portugal's government austerity plan was shot down n Socrates could resign...that just released like 20 minutes ago and was helped push this kiwi trade in my direction.
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Postby ajaymein » Wed Mar 23, 2011 8:46 pm

Went ahead and put stop to BE...may not trade entire day tomorrow and just let this ride if GDP numbers push this further in my favor and daily closes bear
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es/pip
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Postby es/pip » Wed Mar 23, 2011 8:46 pm

nice

i made a few more trades

will post some charts later


short eu as of now looking for that 90ish from earlier today
Bend over and assume the position for another 4 years of hope and change.
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ajaymein
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Postby ajaymein » Wed Mar 23, 2011 8:50 pm

In case anyone is wondering why I trade the nzdusd...i got addicted to it back when I had a small account bc you could open up almost double the lot size using max leverage than EU...I don't need the max leverage position anymore but I still trade it because it is a currency that trends like a mofo...or creates consecutive bear bars/bull bars one after the other on all time frames...so if I can catch a really good price at the start of one of the runs, its easy stress free pips bc its gonna keep giving me green pips
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ajaymein
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Postby ajaymein » Wed Mar 23, 2011 8:55 pm

es/pip wrote:nice

i made a few more trades

will post some charts later


short eu as of now looking for that 90ish from earlier today


I think EU has a straight shot down to 4050 not much stopping it as long as it stays below 4100
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es/pip
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Postby es/pip » Thu Mar 24, 2011 1:45 am

that move off the bottom on eu was right out of h1 demand

didnt take it though

----------

just one of those days today

killed it

i probably left another 60-70 on the table as well



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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 » Thu Mar 24, 2011 2:03 am

shorted that eu m5 shoulder and out into extreme for +20

have this h1 demand below all this prob going to buy this extreme here
Bend over and assume the position for another 4 years of hope and change.
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Postby es/pip » Thu Mar 24, 2011 2:04 am

long 93 target
Bend over and assume the position for another 4 years of hope and change.
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Postby ajaymein » Thu Mar 24, 2011 2:06 am

Needless to say I got hit BE pretty quick after numbers release on NZD...sigh :roll:

Went short at aqua line on EU and took +18 and now long at that extreme looking to zero out peeps who didnt close like i did

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