ProchargedMopar's Dart Dynasty

[TygerKrane]

A possible swing trade of 150 pips short GU may work but that sl I have won't get it done.
It's 10 or bust.... LOL

Looking more like bust. Hehe
Gotta get some sleep up in here.
Going to take kiddo's to lake in boat tomorrow. See how well they can ski.

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How does an AJ chart relate to a GU trade?

[prochargedmopar]

After this month (2.5 weeks) doubling lots will not work on GU.
Margin is too high.
Can only go 1, 2, and then 3.2.
NU I can go up to 8.
Auds and cad I can go up to almost 5.

@some point, preferably last trade of sequence, I will require more than 10 pips.

Gasp, a runner? lol

[prochargedmopar]

A possible swing trade of 150 pips short GU may work but that sl I have won't get it done.
It's 10 or bust.... LOL

Looking more like bust. Hehe
Gotta get some sleep up in here.
Going to take kiddo's to lake in boat tomorrow. See how well they can ski.

Hmmmmm.png

How does an AJ chart relate to a GU trade?

How does taking a deep breath relate to oxygen.

Everything is connected.
Even you and I.

[prochargedmopar]

On AJ it may just be me but the gred/red box seems to work for a scalp most times.
The white box London. Better to take opposite breakout.

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[prochargedmopar]

The more I ponder on it the more I appreciate some advice's from M.O.

"What ever you are risking, you are risking."

Simple but true.

Also something to the effect.
"What ever you have in your account is what you have to make $$. (regardless of recent wins or losses)

Simple but true.

I love this stuff.

[prochargedmopar]

How does an AJ chart relate to a GU trade?
[/quote]


Lets review AFTER the fact even though I stated it BEFORE the fact.

At the moment I was watching these 4 pairs +EU in background I could FEEL a correlation betwixt them.
There was buying pressure.
The charts showed it, and it must be past experience from 10,000 + hrs of watching charts had a little to do with it as well.
Maybe I'm reading into something that is not there, maybe not.

Look what happened.
Exactly what my gut felt like was going to happen.
Also, look at a daily GU chart all by it's lonesome.
Price rarely falls directly away after a double failure. (many other names out there for same double wick pattern)

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[TygerKrane]

Ok, gotcha

[laksh]

At the moment I was watching these 4 pairs +EU in background I could FEEL a correlation betwixt them.

Hi prochargedmopar,

GU has a good correlation with EG. Large portion of GBP money flows are between these two pairs, as USA and EU are UK's main trade partners.

[prochargedmopar]

At the moment I was watching these 4 pairs +EU in background I could FEEL a correlation betwixt them.

Hi prochargedmopar,

GU has a good correlation with EG. Large portion of GBP money flows are between these two pairs, as USA and EU are UK's main trade partners.

Laksh,
I'm not really interested in correlations per say.
Trade what I see.
GU just broke out of the top of a box.
Interesting to note lower level of box is same as yesterday's.
I don't like that, double bottom can easily be pierced as would my SL just below it.
I'm long.

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[prochargedmopar]

Price cannot rise on wicks neither can it go higher without closing above something. M.O.


GU daily is begging to go lower.

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