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  • #956,121
  • Jan 30, 2015 8:10am Jan 30, 2015 8:10am
Quoting ptcl
any ideas guys where usd/cad is heading....
1.2844 and 1.306x are good places for a slowdown/stop/break.
  • #956,122
  • Jan 30, 2015 8:17am Jan 30, 2015 8:17am
just a longer term look, just bounced off 61 fib
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  • #956,123
  • Jan 30, 2015 8:17am Jan 30, 2015 8:17am
Quoting TheNoob
{quote} im long 1294 with old1284SL....moved SL1315... {image}
the spikes are crazy... got stopped again, the 1315 is the price...the GP1325 hold again...
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DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #956,124
  • Jan 30, 2015 8:20am Jan 30, 2015 8:20am
Quoting rehorst
{quote} .... So, can one be both a swing and intraday trader, adjusting to the conditions of trend and consolidation?
IMO and experience HIGHLY unlikely. Most get lost in translation after a few waves in a web of contradictory decisions. After you made a couple of errors more often than not you will be holding intraday trades for a swing, and swinging trades for intraday moves ...meaning a recipe for disaster.

Why complicate things?. Choose your poison and master it is my two cents.

Greed and trying to grab every single tick in every single micro and macro move in the table is a loser game guarantee. One of the strong signals of newbies and struggling traders is they have this strange notion that missing/ or overlooking a move in a smaller TF than theirs is a wasted opportunity and make them bad traders when actually the opposite its true. Thats why selective trading is always more profitable than a machine gun approach by simple statistics and minimising risk and exposure in the markets and maximising the best win/loss ratio ...

In any case, euro flat as pancake for NY....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #956,125
  • Jan 30, 2015 8:23am Jan 30, 2015 8:23am
proprietary system showing value near 1.16 though
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  • #956,126
  • Jan 30, 2015 8:29am Jan 30, 2015 8:29am
Hello,

Nice to be here.

EU 4hr chart shows long trade for me. Only demo as I am new and learning.
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Just Trading
  • #956,127
  • Jan 30, 2015 8:35am Jan 30, 2015 8:35am
Good morning, all!

As you can see from the chart I posted yesterday there has been absolutely no change. We're still consolidating in the triangle, having tested both the upper and lower boundaries in the last six hours... it is getting close to decision time though:

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  • #956,128
  • Jan 30, 2015 8:40am Jan 30, 2015 8:40am
traders increasing EUR shorts, contrarian play
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  • #956,129
  • Jan 30, 2015 8:40am Jan 30, 2015 8:40am
Quoting sisse
{quote} IMO and experience HIGHLY unlikely. Most get lost in translation after a few waves in a web of contradictory decisions. After you made a couple of errors more often than not you will be holding intraday trades for a swing, and swinging trades for intraday moves ...meaning a recipe for disaster. Why complicate things?. Choose your poison and master it is my two cents. Greed and trying to grab every single tick in every single micro and macro move in the table is a loser game guarantee. One of the strong signals...
That is for sure and cost me a lot at past.
I am not greedy but I was obsessed to catch every move because of my stubborn personality but not anymore. Less stress is better.
  • #956,130
  • Jan 30, 2015 8:42am Jan 30, 2015 8:42am
Quoting Geppy
Good morning, all! As you can see from the chart I posted yesterday there has been absolutely no change. We're still consolidating in the triangle, having tested both the upper and lower boundaries in the last six hours... it is getting close to decision time though: {image}
You crushing UCAD..nice job
  • #956,131
  • Jan 30, 2015 8:44am Jan 30, 2015 8:44am
Quoting Ck87
{quote} You crushing UCAD..nice job
Thanks man, that trend has been a no-brainer trade.

I also veered from my rules early this week, so it's been nice to get back on track and bag some wins.
check out my blog: forexmademillionaire dot com
  • #956,132
  • Jan 30, 2015 8:55am Jan 30, 2015 8:55am
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My signature is: "Classified".
  • #956,133
  • Jan 30, 2015 8:59am Jan 30, 2015 8:59am
Quoting ptcl
any ideas guys where usd/cad is heading....
Quoting hoom
EU mixed GU going after the bearish territory under 1.5 UC shooting up as there no significant barriers ahead of 1.3 AUD and NZD , very bearish territory and concerning kiwi -double TOP- confirmed in the long run. Trade safe .
buy pullbacks mode till 1.3 , that's it for me .
Get Rich or Die Tryin
  • #956,134
  • Jan 30, 2015 9:07am Jan 30, 2015 9:07am
Quoting hoom
{quote} {quote} buy pullbacks mode till 1.3 , that's it for me .
So hows your trading been or have you just been considering flesh eating bacteria?
My signature is: "Classified".
  • #956,135
  • Jan 30, 2015 9:15am Jan 30, 2015 9:15am
Quoting mfoste1
just a longer term look, just bounced off 61 fib {image}
Is that Bloomberg terminal?

You have chart history dating so far back
Read the entire market, money is made on the main trend not the fluctuation
  • #956,136
  • Jan 30, 2015 9:18am Jan 30, 2015 9:18am
Quoting Ken A
{quote} Critical level either make or break - if it doesn't break until monthly close, likely RBA will next month - check the calendar {image}
Txs Ken, I wasn't aware of that.
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  • #956,137
  • Jan 30, 2015 9:19am Jan 30, 2015 9:19am
Quoting yaed
{quote} So hows your trading been or have you just been considering flesh eating bacteria?
hahaha , slowly in profit with caution , playing this shit range lately , sold near previous Daily high , catch 30-40 pips considering the R/R , playing with cable range and buying every hell of a pullback of the Loonie

and of course learning from your insights
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Get Rich or Die Tryin
  • #956,138
  • Jan 30, 2015 9:21am Jan 30, 2015 9:21am
Quoting yaed
{quote} So hows your trading been or have you just been considering flesh eating bacteria?
I guess that you got caught in the alpari mess , hope it setlles as soon as possible pal
Get Rich or Die Tryin
  • #956,139
  • Jan 30, 2015 9:28am Jan 30, 2015 9:28am
Quoting hoom
{quote} hahaha , slowly in profit with caution , playing this shit range lately , sold near previous Daily high , catch 30-40 pips considering the R/R , playing with cable range and buying every hell of a pullback of the Loonie and of course learning from your insights {image}
This how my mind works now. Real simple.
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My signature is: "Classified".
  • #956,140
  • Jan 30, 2015 9:29am Jan 30, 2015 9:29am
Quoting yaed
{image}
I'm genuinely trying to look at the charts to see if I can find any case/argument to be long... coming up empty. Really not understanding those that are buying.
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