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es/pip
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Postby es/pip » Tue Feb 24, 2009 4:28 pm

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es/pip
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Postby es/pip » Tue Feb 24, 2009 4:50 pm

out +7 after being up 40ish :x

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es/pip
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Postby es/pip » Tue Feb 24, 2009 5:22 pm

euro going up to hr zline----------------------------tricky sequence on the way up couldn't stay in it and then couldn't find a good place to get back in it


oh well

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dragon33
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Postby dragon33 » Tue Feb 24, 2009 5:23 pm

MightyOne wrote:
dragon33 wrote:Image



I was out to soon, but i play with high lotsize so i'm happy with the 7 pips.


You moved your SL to BE? Shame on you!

Nice trading buddy :wink:


How do you know that???
I think you where visiting wright :P

Ok i'm stupid, you could see that :roll:
Last edited by dragon33 on Tue Feb 24, 2009 6:41 pm, edited 1 time in total.

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JESGPY
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Postby JESGPY » Tue Feb 24, 2009 5:25 pm

he looked at your orders bar.

I dont understand your language, but you can see that.

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Postby razorboy » Tue Feb 24, 2009 6:17 pm

you are right about that semafor (its actually semaphore,but who is counting) points. I was waiting a long time for that 3 to form (and it never did)

xmess7 wrote:EURUSD long ... coming up.
See the image. See how one can use two 1-2-3 patterns to take a good guess. Check out the image. If price breaks that line I'll go in for a couple of pips. Otherwise.. just waiting. So far this pair is still SHORT for the week, it may continue down sometime soon. Lets see how it turns out.

Image

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MightyOne
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Postby MightyOne » Tue Feb 24, 2009 6:47 pm

Ienjoytrading81 wrote:
MightyOne wrote:In order of importance:

Image



Hello MO, I want to be clear here, #2 is on there because it was an old ZL? Is that correct?


It was the ZL for the short move.

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es/pip
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Postby es/pip » Tue Feb 24, 2009 6:48 pm

MO,


what are your thoughts when you see this happen

i am not in this trade

i went down to the 1 and 5 and couldn't find a 1 2

do you average into it on the way up

or

just pass on it

thanks

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MightyOne
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Postby MightyOne » Tue Feb 24, 2009 6:55 pm

Here is a GBPUSD Trap Trade finally getting to the daily lows.
Short was made at 4427 and it was good for 40 pips.

According to the first post describing the method, the second hook after momentum usually creates a triangle/congestion.

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MightyOne
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Postby MightyOne » Tue Feb 24, 2009 7:08 pm

It is for that very reason that I suck it up a lot of times and use market and limit orders.

Pick 2:

Image

The average price has to make sense to you just as the placement of a limit order would have to make sense:

Image

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