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Peaks and Troffs

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  • Post #81
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  • May 26, 2015 12:50am May 26, 2015 12:50am
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
Just a follow on from those trades on Friday:
I was kicking myself all weekend for getting so one eyed about EA shorts. Price was on the rising trend line and was making small candles closing near the line. There was a perfect peak and trough higher on the 15 minute chart, but I didn't take it. This year I have lowered my risk per trade to .5% to overcome this sort of problem. Part of the problem of being a discretionary trader. The same discretion saved me from a loss yesterday, so I guess it evens out.
Those trades on Friday ended up: AU -26.1 pips, UJ-25.3, ANZ+65.1, and I had another entry while I was asleep AU short at .78635 with +41.6
All up 80.9 pips and 1.618 %(Nice fib number) .
Currently short EA from 1.40227 and Long AJ at 95.241
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  • Post #82
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  • Jul 5, 2015 12:49am Jul 5, 2015 12:49am
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
A failed inverse H&S on A/U. In response to a pm.
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  • Post #83
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  • Sep 22, 2015 1:02am Sep 22, 2015 1:02am
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
Just gone long EA at 1.5713
Looks like it could be turning around. The floor at 1.5665 ish has held. Not an "A" grade trade but one worth taking with a small risk and looking to scale in. Time of the day isn't fantastic and not married to my position.
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  • Post #84
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  • Sep 22, 2015 2:00am Sep 22, 2015 2:00am
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
Quoting bogus
Disliked
Just gone long EA at 1.5713 Looks like it could be turning around. The floor at 1.5665 ish has held. Not an "A" grade trade but one worth taking with a small risk and looking to scale in. Time of the day isn't fantastic and not married to my position.
Ignored
Out. And now short.
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  • Post #85
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  • Oct 13, 2015 12:50am Oct 13, 2015 12:50am
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
Long after a higher low off the Daily Trend Line.
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  • Post #86
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  • Feb 15, 2016 11:18pm Feb 15, 2016 11:18pm
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
I'm short and have been for a while. I've been compounding but now have this one on a short leash.
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  • Post #87
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  • Feb 15, 2016 11:31pm Feb 15, 2016 11:31pm
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
I'll be long at 1.5618 and close my shorts at 1.5657
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  • Post #88
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  • Nov 8, 2016 11:49pm Nov 8, 2016 11:49pm
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
What a day! The difference between the GFC and now is time and experience. I dream of days like this.
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  • Post #89
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  • Jul 24, 2017 5:41pm Jul 24, 2017 5:41pm
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
Looking for longs on GY
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  • Post #90
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  • Jan 3, 2018 6:05pm Jan 3, 2018 6:05pm
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
EA Daily
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  • Post #91
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  • Last Post: Jan 3, 2018 6:09pm Jan 3, 2018 6:09pm
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
Took a U/J long
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