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Quoting JayBag

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Hello Gang, I found this swing on NZDCAD. Just trying to buy the dip for now. The real BO is a H1 break above 0.85897 Take Care Second Swing found EURNZD As above, I am also trying to sell dips. The real break happens on a H! break below 1.68282 Take Care {image} {image}

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Quoting broketrader

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{quote} Beware with your EUR shorts! EURUSD has just broke a consolidation to the upside and it's currently testing it to see if it's fake or not, if it rebounds from the triangle we will be back and fast to 1.0660 with more upside potential and a potential strong day end. Just my 2 cents... {image}

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Quoting broketrader

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{quote} Beware with your EUR shorts! EURUSD has just broke a consolidation to the upside and it's currently testing it to see if it's fake or not, if it rebounds from the triangle we will be back and fast to 1.0660 with more upside potential and a potential strong day end. Just my 2 cents... {image}

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Quoting Mozahid

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{quote} Buddy where is your tp.

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Quoting JayBag

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{quote} EURNZD is now ACTIVE! Let's wait for the other Take Care

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Quoting JayBag

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{quote} Exited EURNZD will wait for another BO (If it provides it) Take care

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Quoting broketrader

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{quote} Yes, EURUSD seems to be confirming the break, it tested the top and now is turning north. What do you mean by BO Break Out ?

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Quoting JayBag

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{quote} Sorry, I was out for a couple of hours. Oh yes, BO means 'Break out' Crazy PA since. In GU thread, I explained why what works today doesn't work the next day. This fact has made me spread my capital and never dump my eggs in one basket. Cheers

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Quoting broketrader

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{quote} No issues, I was out as well. I think that with this vacation period the volume is thin and some moves a bit erratic. My approach is different as I trade only EU and learning to know it the best I can, mainly where the momentum is and staying with it. I think there is no good or bad approach as long as you are good at what yo do and you are consistent with it, that's what counts at the end.

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Quoting JayBag

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{quote} This, I fully agree with. Consistency doesn't mean perfection. Great line right there. Please drop more posts on the thread when you get time. I appreciate your skill and manner of approach. Cheers

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Quoting Indigo45

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I am in with live trade Explorer...

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Quoting JayBag

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Good morning, folks. I have been trying to catch a swing on these pairs since the start of the week. After a couple of attempts, I had to revise my approach. The attached pairs are AUDCAD, AUDJPY, and AUDUSD. (H1) Let's see how we go today. Take Care {image} {image} {image}

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Quoting broketrader

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{quote} Hi, Good luck with those! So in short, you are long AUD. Just a question, is there any particular reason to trade all those pairs instead of, let's say, just the one that has the most volume ?

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Quoting JayBag

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{quote} Thanks BT. Yes, I am essentially long on AUD. Uhm, you asked a valid question. I am taking all of these pairs; however, I am more invested in the majors amongst them. The rest? I'm taking them as well, primarily for research purposes. to also see if the system I have been developing can cater to all pairs. I believe that a solid or at least reasonable system should be able to work on all instruments and TF. Cheers

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Quoting broketrader

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{quote} It makes sense as you said if you are looking for the pair that behaves the best against your system and then go with that pair, otherwise you are mainly distributing, adding risk, just my opinion... Not sure about your last statement, every time I had some decent system working on EU, I could never simply apply it to another pair, it just didn't work, so either the system was not good enough or each pair has its own personality.

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