Favourable USD news and yet within the last thirty minutes Euro surpasses its highest point of the day by over 400 pips! So it has moved in the complete opposite direction to what was expected. Anyone looking at the charts would think that the news had been unfavourable to the USD when in fact it was a resounding victory. Thus it seems we have a nasty stop loss hunt here. These malicious twist and turns make long term trading more favourable. Finance one's account well, and look for long term trends. Make sure stop losses are large enough to contain the irritating stop loss hunts. Day trading is too hot to handle.
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- Nov 14, 2014 12:35pm Nov 14, 2014 12:35pm
- Joined Oct 2008 | Status: sideline is a position | 97,652 Posts
those who can, do. those who cant, talk about those who can
- Post #935,785
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- Nov 14, 2014 12:40pm Nov 14, 2014 12:40pm
- Joined Jul 2013 | Status: Form follows function | 4,873 Posts
Fibonacci will make you rich
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- Nov 14, 2014 12:41pm Nov 14, 2014 12:41pm
- | Joined Sep 2012 | Status: Member | 2,812 Posts
- Post #935,787
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- Edited 1:02pm Nov 14, 2014 12:41pm | Edited 1:02pm
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
- Post #935,788
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- Nov 14, 2014 12:43pm Nov 14, 2014 12:43pm
- Joined Sep 2007 | Status: simmer down now | 1,251 Posts
- Post #935,789
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- Nov 14, 2014 12:50pm Nov 14, 2014 12:50pm
- Joined Apr 2013 | Status: Now I know you | 5,816 Posts
don't predict direction, but dance with flow of water
- Post #935,791
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- Nov 14, 2014 12:53pm Nov 14, 2014 12:53pm
- Joined Jul 2013 | Status: Form follows function | 4,873 Posts
Fibonacci will make you rich
- Post #935,793
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- Nov 14, 2014 1:11pm Nov 14, 2014 1:11pm
- | Joined Apr 2011 | Status: barefooted | 1,633 Posts
Fail better.
- Post #935,794
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- Nov 14, 2014 1:12pm Nov 14, 2014 1:12pm
- Joined Sep 2007 | Status: simmer down now | 1,251 Posts
- Post #935,796
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- Nov 14, 2014 1:15pm Nov 14, 2014 1:15pm
Back from the dead * ding fries are done *
- Post #935,797
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- Edited 2:37pm Nov 14, 2014 1:20pm | Edited 2:37pm
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
- Post #935,798
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- Nov 14, 2014 1:21pm Nov 14, 2014 1:21pm
- Joined Oct 2008 | Status: sideline is a position | 97,652 Posts
those who can, do. those who cant, talk about those who can
- Post #935,799
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- Nov 14, 2014 1:24pm Nov 14, 2014 1:24pm
- Joined Feb 2014 | Status: Member | 1,794 Posts
Elliott Wave for optimum entry, exit and risk management of trades
- Post #935,800
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- Nov 14, 2014 1:36pm Nov 14, 2014 1:36pm
- Joined Jul 2013 | Status: Form follows function | 4,873 Posts
Fibonacci will make you rich