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  • #32,121
  • Oct 14, 2019 10:47am Oct 14, 2019 10:47am
Quoting jesxrussel
{image}
hi because of your dark template I cant see what pair or price...
In trading, you have to be defensive and aggressive at the same time
  • #32,122
  • Oct 14, 2019 11:07am Oct 14, 2019 11:07am
short on EN
In trading, you have to be defensive and aggressive at the same time
  • #32,123
  • Oct 14, 2019 12:14pm Oct 14, 2019 12:14pm
Quoting Davit
To purest there is strong weekly rejected candle on AC AUD may not move much until Monday Minutes but I like to be in now. {image}
It does look great and also painted a textbook swing failure at key R level.

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Trade with confidence, trade without fear.
  • #32,124
  • Oct 14, 2019 1:48pm Oct 14, 2019 1:48pm
Quoting Davit
short on EN
Good to see you..............
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  • #32,125
  • Edited 8:56pm Oct 14, 2019 8:32pm | Edited 8:56pm
closed EN rest of my trades need more time. AC and EA in profit but baby profits....sort of unripe fruit...needs more sun
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In trading, you have to be defensive and aggressive at the same time
  • #32,126
  • Oct 15, 2019 9:02am Oct 15, 2019 9:02am
Bit of expected DD here' but anybody else adding at these levels on longs on AC AN and shorts EA EN
  • #32,127
  • Oct 15, 2019 9:05am Oct 15, 2019 9:05am
After a shy recovery attempt AU & NU are sinking again towards their multi-years lows dragging down their crosses too.
Rate cut played a role but real catalyst is China slowdown, a positive outcome in talks is the only medicine.
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Porta itineris dicitur longissima esse
  • #32,128
  • Oct 15, 2019 10:07am Oct 15, 2019 10:07am
Quoting kingdomk
Bit of expected DD here' but anybody else adding at these levels on longs on AC AN and shorts EA EN
There is a thing called "Turnaround Tuesday" in trading. It references mostly to stocks and index's but is very much present in forex. Price seldom moves in a straight line right off the sunday open. Often you'll see price revisit/retrace from the weekly open and or previous weekly high.

Trader Dante had mentioned in the past the stats on the euro doing the very same thing.

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Rarely will I take a trade off the open. If I do then I prepare to close it out as the possibility of it retracing is high. Typically I will wait till close of Tuesday daily and the assess. My typical trades will be in on Wed candle, out by late Thursday or Friday.
Trade with confidence, trade without fear.
  • #32,129
  • Oct 15, 2019 10:34am Oct 15, 2019 10:34am
AC did the same range as yesterday. As with a lot of pairs.

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Trade with confidence, trade without fear.
  • #32,130
  • Edited 10:41pm Oct 15, 2019 11:56am | Edited 10:41pm
RED FLAG CAD NEWS next Monday Oct 21 even though FF factory has it listed as a yellow low impact event, the Federal election in Canada. We have two main parties trying to win the election. The incumbent Liberals headed by twat waffle Mr Blackface Trudeau and the Conservatives headed by Andrew Scheer. The outcome of this election could have a dramatic effect on the future of the CAD which has been beat down. The strongest fringe party the NDP which is a socialist party has said if the Conservatives win a minority they will form a coalition with the Liberals to form a government. The leader of this party Jagmeet Singh has since flip flopped on this announcement according to the latest news reports. ( I wonder if there was a pun intended by the news reporter :FLIP FLOP lol) Jagmeet Singh for the American readers of this thread, imagine Bernie Sanders in a Turban. The Liberals have decimated the Alberta Oil patch and the Canadian economy in the last 4 years and have plunged the Country deeper and deeper in to debt. Nonetheless the results of the outcome of this election are going to have an impact on the CAD. In my opinion the only thing Canadians can hope for is a Conservative majority. I went and voted at the advance polls and I had to lineup for 45 minutes to vote on Thanksgiving Day. I knew a person working there and she said its been non stop busy since it opened three days earlier. To me that's a good sign to see strong voter turnout. Its a Federal offence to move or damage a Political sign. I have seen lots of damaged Liberal and fringe party signs in my area so I think that may be a signal Canadians are mad at the current situation. In my lifetime I cannot recall seeing so many damaged signs. Perhaps some other Canadian contributors to this forum can weigh in on what they are seeing in their regions. My prediction Conservative majority stronger CAD. If the Liberals win, and or the Conservatives win a minority and the NDP flip flops and forms a coalition with the Libtards expect a weaker CAD and a doomed Country.
The Trudud Legacy this is what happens when you let a failed drama teacher take the helm. https://www.fraserinstitute.org/arti...is-debt-legacy
Update: I got some feedback from some friends on facebook, and a client that phoned me this morning from a couple of other regions in Canada. They are reporting the same observations I have been making. Hour plus lineups at the advance polls and lots of damaged signs in their regions as well. I don't trust mainstream media anymore, according to them its a neck and neck race. If my prediction on a Conservative majority is right we could see a strengthening CAD. These signs are being stuck right underneath Liberal signs coast to coast by a non mainstream media group The Rebel. They funded it to promote a new book dealing on corruption within our current Federal government. https://www.therebel.media/the-libranos-lawn-signs When Canadians stop being polite its time to start thinking.
Fib Traders get it right 61.8% to 78.6% of the time. NR
  • #32,131
  • Oct 15, 2019 12:52pm Oct 15, 2019 12:52pm
Hi guys
Looks like what I formulated beginning of the week new unexpected news threw it to disarray -China wanting to talk on phase 1, Now Brexit rumor close to deal etc.
I am sorry that I may have persuaded you to trade my trades.Fact is nobody knows the future..(that's including me).Its just probabilities. AC and EA are still winnable IMO and the week is young.Dont know what else to say...I am holding my trades.
NZD CPI q/q coming up green here will boast AUD as well. I have been in this exact situation so many times that it hardly fazes me.It is part of trading that is waiting
In trading, you have to be defensive and aggressive at the same time
  • #32,132
  • Oct 15, 2019 12:59pm Oct 15, 2019 12:59pm
Got lot of trades running but NC is looking good long.Its at extreme swing low
In trading, you have to be defensive and aggressive at the same time
  • #32,133
  • Oct 15, 2019 2:37pm Oct 15, 2019 2:37pm
Quoting Davit
Got lot of trades running but NC is looking good long.Its at extreme swing low
Yeah im humping some NZD pairs as well. AN was at an interesting level, .618 from the latest swing high.

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Trade with confidence, trade without fear.
  • #32,134
  • Oct 15, 2019 2:37pm Oct 15, 2019 2:37pm
Quoting Cryptosurf
{quote} There is a thing called "Turnaround Tuesday" in trading. It references mostly to stocks and index's but is very much present in forex. Price seldom moves in a straight line right off the sunday open. Often you'll see price revisit/retrace from the weekly open and or previous weekly high. Trader Dante had mentioned in the past the stats on the euro doing the very same thing. {image} Rarely will I take a trade off the open. If I do then I prepare to close it out as the possibility of it retracing is high. Typically I will wait till close of...
Props to your analysis! - Although I don't have the stats I've noticed that play out on plenty of occasions
  • #32,135
  • Oct 15, 2019 3:32pm Oct 15, 2019 3:32pm
Quoting Davit
Got lot of trades running but NC is looking good long.Its at extreme swing low
AC looking like it's starting to turn now. AC and NC should turn north, as you say, week is still young!
  • #32,136
  • Oct 15, 2019 4:49pm Oct 15, 2019 4:49pm
Green number for NZD!

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Still holding some EN shorts

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Some nice moves on AN south too.
From R100 to S38!
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"In the end you only trade yourself."
  • #32,137
  • Oct 15, 2019 6:15pm Oct 15, 2019 6:15pm
Closed EN for a small profit 24 trades.
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You NEVER will be the person you could be, without pressure & discipline
  • #32,138
  • Oct 16, 2019 12:17am Oct 16, 2019 12:17am
In the night trade manager closed my EN short on trailing.
It missed the close on the day before, but this time it was even better.
Now I'm ready to reload carefully because of never ending US/China issues.
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Porta itineris dicitur longissima esse
  • #32,139
  • Oct 16, 2019 4:47am Oct 16, 2019 4:47am
NZD crashing bad despite good CPI data.
Porta itineris dicitur longissima esse
  • #32,140
  • Edited 7:23am Oct 16, 2019 5:19am | Edited 7:23am
EN reaching higher....Hum?......is EN going to WR200?
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You NEVER will be the person you could be, without pressure & discipline
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