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- LA Forex replied Aug 21, 2012
That's fine with me. Good luck trading...
- LA Forex replied Aug 21, 2012
daily candle is tagging upper bollinger; will be interesting to see how it closes. Dont think it'll break resistance today based on volumes...
- LA Forex replied Aug 21, 2012
...Because you don't? Sometimes its good for different opinions. I bet you're not right 100% time pal. Oh, and don't give me all that bull about 'how you've grown you're account 200%/month for the past year'...
- LA Forex replied Aug 21, 2012
Yeah and next week they change their mind again...
- LA Forex replied Aug 20, 2012
spinning top at top of bollinger on weekly followed by bearish candle with long upper wick...approaching upper trendline etc...Could be wrong but its important to plan the trade and trade the plan.
- LA Forex replied Aug 20, 2012
I entered short audusd on weekly open 1.042...jumped the gun a little but I'm looking longer term on a move back below 1...high risk/reward strategy. [email protected]. If negated I'll re-enter nearer the upper trendline...
- LA Forex replied Aug 17, 2012
I have a uk bank account and I trade my own money. To me this constitutes a 'background in finance'. I dont risk more than I want to lose, unlike a lot of individuals who look after other peoples monies....
- LA Forex replied Aug 17, 2012
...and greed is a sin. Gotta find a happy medium.
- LA Forex replied Aug 17, 2012
I trade min 4hr chart for entry, daily and weekly. Trade less that way. max. 1 lot trade size. I want to give as little to the broker as possible. If that means 1trade per month then so be it...
- LA Forex replied Aug 17, 2012
I couldnt trade this market without a wide sl. Higher risk, but I'm not taking this BS choppiness...
- LA Forex replied Aug 16, 2012
Sir you're reason for shorting here is perfectly valid...yes there is a short term upward chanel but we're also in a range dating back to june, and we're at the top of the range now. So, the market has got to work very hard to break that range, or ...
- LA Forex replied Aug 16, 2012
If there is no news the market invents its own news. The market wins either way. This is the market and 'we' the traders are its slave. "I must obey the market. I must obey the market. I must obey the market..."
- LA Forex replied Aug 9, 2012
No bounce from 2330 so looks like we'll drop further at NY...
- LA Forex replied Aug 9, 2012
wonder if it'll ever revisit 1.2400....have moved SL to BE 1.24. gonna let this baby ride...
- LA Forex replied Aug 8, 2012
IMO there's a lot of bull on this thread...!
- LA Forex replied Aug 8, 2012
anyone playing this narrowing range on the hourly chart? nice place to go short after that spike...
- LA Forex replied Aug 7, 2012
It's sucking in all the retail traders...making them believe it going to rocket when in fact it just drifts lower back to parity; when it has enough retail traders long, BOOM!,,,down it goes in line with what the big players are holding. It's ...
- LA Forex replied Aug 6, 2012
gonna slam back down. watch it fly....
- LA Forex replied Aug 6, 2012
Careful the head-fake...Better trade with a bias.
- LA Forex replied Aug 6, 2012
theres a rising trend channel on the 4hr chart, the top of which was hit in asia...looks to be moving down but will probably only make a higher low, perhaps not today though. I think this is just corrective, not a new trend.