Hello everyone, I am still new here, but thought I would throw out a question about this BUOB that lots of people are talking about. On my chart, a break of the top of the BUOB would be at 1.2792. This appears to be a decent long setup to me, but I see a FTA at 1.2800 which is only 8 pips away. What does everyone think about this? Would you wait for a clean break and respect of 1.2800 as support on a lower TF before going long? Or just stay away from this trade? I am getting this stuff at all or am I completely off? Thanks!
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- May 20, 2012 6:16pm May 20, 2012 6:16pm
all is eternal - this is good news for people who loves bad news
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Thoughts are things
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Thoughts are things
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If not up, then down, otherwise sideways :-)
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