Guys doji on gbp/usd chart h1
a slight retracement under low volume
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- Post #189,041
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- Dec 22, 2009 9:00pm Dec 22, 2009 9:00pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
a slight retracement under low volume
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- Dec 22, 2009 9:10pm Dec 22, 2009 9:10pm
- | Joined Aug 2009 | Status: "Protect yo neck"- WuTang Financial | 854 Posts
- Post #189,043
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- Dec 22, 2009 9:14pm Dec 22, 2009 9:14pm
- Joined Apr 2008 | Status: Member | 9,414 Posts
It could be time to retrace up
all take care
Buy e/u 1.4270
It's against my rule but let's make this exception
Check your 1h Chart
G/U as i said but will not risk with it now.
Back to go sleep
Cya
- Post #189,045
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- Dec 22, 2009 9:40pm Dec 22, 2009 9:40pm
- | Membership Revoked | Joined Oct 2009 | 92 Posts
Pretty sure he is just trolling and trying to get people to buy his "system" from him....
- Post #189,046
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- Dec 22, 2009 9:45pm Dec 22, 2009 9:45pm
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- Post #189,047
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- Dec 22, 2009 9:50pm Dec 22, 2009 9:50pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
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- Post #189,048
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- Dec 22, 2009 9:52pm Dec 22, 2009 9:52pm
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no disrespect either but if a newbie is comming in any thread and following other recomedations then they deserve to loose all there money, that tell me they are looking for a easy way out and not commited to building there own system, this is why there are 95% loosers in this business, no fourm can help a newbie, if you look at any forum / thread you will notice more loose money then make money.
i know no volume right now but any buyers above 1.5970 are thin right now ..we just dropped under a no demand bar and looks like that ltl of the flag will not hold
just a heads up
[IMG]file:///C:/DOCUME%7E1/Trader/LOCALS%7E1/Temp/moz-screenshot-6.jpg[/IMG]
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- Post #189,049
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- Dec 22, 2009 9:57pm Dec 22, 2009 9:57pm
- Joined Aug 2008 | Status: Member | 3,406 Posts
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- Post #189,050
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- Dec 22, 2009 9:59pm Dec 22, 2009 9:59pm
- | Membership Revoked | Joined Oct 2009 | 92 Posts
very true on the losing money
i know no volume right now but any buyers above 1.5970 are thin right now ..we just dropped under a no demand bar and looks like that ltl of the flag will not hold
just a heads up
Attachment
[IMG]file:///C:/DOCUME%7E1/Trader/LOCALS%7E1/Temp/moz-screenshot-6.jpg[/IMG]
if im wrong i take my loss like a man, this is business, i do this sh:t for a living and like i said im not always right, but im long at 1.6034 and at 1.5957, i just now start to docoment my trades on demo at:http://www.myfxbook.com/members/maurice27/moe/9716
- Post #189,051
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- Dec 22, 2009 10:03pm Dec 22, 2009 10:03pm
- | Membership Revoked | Joined Oct 2009 | 92 Posts
http://www.myfxbook.com/members/maurice27/moe/9716
- Post #189,052
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- Dec 22, 2009 10:10pm Dec 22, 2009 10:10pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
http://www.myfxbook.com/members/maurice27/moe/9716
my overnight sell was placed 1.5980 with target 1.5870 1st half, 1.5800 1.4 and 1.5750 last 1/4
stop is 6050
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- Post #189,053
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- Dec 22, 2009 10:13pm Dec 22, 2009 10:13pm
- | Membership Revoked | Joined Oct 2009 | 92 Posts
cool...just the r:r on that trade does not seem like the mm of a pro. Naybe you will close it earlier than the stop you put in there.
my overnight sell was placed 1.5980 with target 1.5870 1st half, 1.5800 1.4 and 1.5750 last 1/4
stop is 6050
- Post #189,054
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- Dec 22, 2009 10:26pm Dec 22, 2009 10:26pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
you will get to understand this business in do time, good luck and i will check in tommorow
7 years in the game .. stops never more than 50 pip
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- Post #189,055
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- Dec 22, 2009 10:31pm Dec 22, 2009 10:31pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
you will get to understand this business in do time, good luck and i will check in tommorow
still sitting here scratching head... I understand you have wide stop in case it heads down ... but even if it goes slightly under last lowest low on daily (1.5707) you get stopped out i think . Knowing the way pros work they may just do that to entice sellers into the market that want to sell on break of that major support.
one thing I know form being in the game for a while it is not about making billions of pips , even 400 per month is enough , it is about managing risk. Risk management is the key to being a successful trader in my eyes.
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- Post #189,059
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- Dec 23, 2009 1:07am Dec 23, 2009 1:07am
- | Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts
Hi everyone 
Quiet day but can still make some pips...I'm doing 10 pips stop loss and works very very well...high rr
1.04904 sold USDCHF, +5 now
Good luck and trade smart
Quiet day but can still make some pips...I'm doing 10 pips stop loss and works very very well...high rr
1.04904 sold USDCHF, +5 now
Good luck and trade smart
"Hate the sin, love the sinner." - Gandhi