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raczekfx chart thread

  • #981
  • May 1, 2012 8:42pm May 1, 2012 8:42pm
I missed out on two very good longs on this pair today Rac. I shorted very near the top here once I verified some data. Something tells me that this black trendline just might come back into play before price moves back up.

Of course, it would be nice to see it come into play on this trade. Stops at break even plus one.


K.I.S.S.
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  • #982
  • May 3, 2012 2:43pm May 3, 2012 2:43pm
EurJpy

Long trade from today early morning.

Cross ran 60pips in our favor, before being stopped out at BE+5
Target would be at 106.20. Sometimes, you get it, sometimes you don't.

p.s.
preview into the group ends tomorrow after market closure.
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  • #983
  • May 13, 2012 8:01pm May 13, 2012 8:01pm
S&P

Will buy right at the market open, the gap the merrier...
You can't go wrong with this touch trade.
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  • #984
  • May 21, 2012 10:21pm May 21, 2012 10:21pm
Finally some bullish overlapping aiming at 1350.
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  • #985
  • May 22, 2012 10:10am May 22, 2012 10:10am
Quoting raczekfx
Finally some bullish overlapping aiming at 1350.
few more and we're home
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  • #986
  • May 29, 2012 2:38am May 29, 2012 2:38am
Go, Aussie, go...
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  • #987
  • Jun 2, 2012 2:44pm Jun 2, 2012 2:44pm
the king of touch trading is back
  • #988
  • Jun 5, 2012 8:47pm Jun 5, 2012 8:47pm
AU

I'm sure that bar that daily closed 4+ hrs ago made some traders re-initiate short positions.. wonder why..
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  • #989
  • Jun 7, 2012 9:10am Jun 7, 2012 9:10am
60 points on emini is definitely worth waiting for .

Enjoy the summer!
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  • #990
  • Jun 7, 2012 3:41pm Jun 7, 2012 3:41pm
Hey Rac,

Thank you for everything man, the charts, the riddles and to make people think for their own. It took some time but it´s every minute of it worth.
Simplicity and an open mind are true blessings.

Keep it up, love the charts.

Red.
  • #991
  • Jun 13, 2012 11:44am Jun 13, 2012 11:44am
Last chart for a while as it makes less and less sense to post in this thread...
I enjoyed doing so in the past, but I guess it has already served the purpose. Those who wanted to study seriously, already make a good living. Those, who didn't get it (yet) need to study harder and perhaps take some 'crowd psychology' courses (hint, hint).
And yes, if you think markets are random, then good luck to you... you're gonna need it..

EU and rac's favorite.
.
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  • #992
  • Jul 9, 2012 4:53pm Jul 9, 2012 4:53pm
Quoting raczekfx
I enjoyed doing so in the past, but I guess it has already served the purpose. Those who wanted to study seriously, already make a good living. Those, who didn't get it (yet) need to study harder and perhaps take some 'crowd psychology' courses (hint, hint).
And yes, if you think markets are random, then good luck to you... you're gonna need it..
sure it did...both ways, and we say its random when we fail to understand or describe how it works, for everything in life and beyond.

I hope you're doing well and having many good ones.
Sniffing Snake's Tracks...
  • #993
  • Aug 30, 2012 10:22am Aug 30, 2012 10:22am
Damn market refuses to plunge...
It'll come,Just not yet.
.
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  • #994
  • Aug 31, 2012 7:01am Aug 31, 2012 7:01am
Quoting raczekfx
Damn market refuses to plunge...
It'll come,Just not yet.
.
If they refuse to go down, what do you do.....
You take profit and reverse your positions
And so on, and so forth...
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  • #995
  • Sep 6, 2012 10:15am Sep 6, 2012 10:15am
rac's fav at its best...
.
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  • #996
  • Sep 7, 2012 11:14am Sep 7, 2012 11:14am
Quoting raczekfx
rac's fav at its best...
.
What was this trade based on?
  • #997
  • Sep 8, 2012 9:59pm Sep 8, 2012 9:59pm
Quoting fxterrapin
What was this trade based on?
on one of the simplest trading method, which is called rac's favorite.
Even if traded blindly based only on 50-61 fib retracement of the latest swing high/low, based on my researched and experience probability is around 58 in my favor. ... The rest is just money management.
But that's boring... Price movements over the next two weeks is what will be very exiting. Fortunes will be made and lost..
till next time
  • #998
  • Sep 11, 2012 8:46am Sep 11, 2012 8:46am
Quoting raczekfx
on one of the simplest trading method, which is called rac's favorite. ..
sometimes traders are not patient enough.... (who is) and price has no chance to retrace to rac's fav. If that's the case, we simply have to follow the bigger crowd (or footsteps).
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  • #999
  • Sep 18, 2012 5:14am Sep 18, 2012 5:14am
Brokers on this forum whispered last Thursday: don't listen to helicopter ben.. short aussie, short..
Sometimes they're right.
.
.
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  • #1,000
  • Sep 19, 2012 7:09am Sep 19, 2012 7:09am
What's going to help Obama re-election?
It won't be expensive gas at the pumps for sure...
.
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