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EURUSD

  • #1,047,821
  • Jan 3, 2016 6:01pm Jan 3, 2016 6:01pm
took long risk 23 pip reward is 42 pip (intraday play)

also building GU longs into the 1.46 handle (weekly swing trade).. 150 pip stop.. and will enter big ones with tight stop if get near the 2015 lows
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Be hopeful in a winning position, and fearful in a losing position.
  • #1,047,822
  • Jan 3, 2016 6:05pm Jan 3, 2016 6:05pm
I think EURUSD is constructing a bull continuation flag, unfortunately I had my buy limit order at 1.0811 and it didn't go there, I'm watching to find good price to buy
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  • #1,047,823
  • Jan 3, 2016 6:05pm Jan 3, 2016 6:05pm
Quoting Rag2RichesFX
took long risk 23 pip reward is 42 pip (intraday play) also building GU longs into the 1.46 handle (weekly swing trade).. 150 pip stop.. and will enter big ones with tight stop if get near the 2015 lows {image}
Hello 2016
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #1,047,824
  • Jan 3, 2016 6:17pm Jan 3, 2016 6:17pm
Quoting Rag2RichesFX
took long risk 23 pip reward is 42 pip (intraday play) also building GU longs into the 1.46 handle (weekly swing trade).. 150 pip stop.. and will enter big ones with tight stop if get near the 2015 lows {image}
2016 will be good for GBP,
but I think it is still early.

gbpnzd
gbpaud

shows some signals of reversal though.

E/U trades both sides, which is very profitable

E/G is also a good sell ~0.74x (check daily)
  • #1,047,825
  • Jan 3, 2016 6:19pm Jan 3, 2016 6:19pm
Quoting ill_be_back
{quote} Hello 2016 {image}
It is going to be nice year, USDJPY broke down, expect to see it @ 10x
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Click to Enlarge Name: USDJPYDaily.png Size: 21 KB
  • #1,047,826
  • Jan 3, 2016 8:22pm Jan 3, 2016 8:22pm
Hi guys, happy new year...
what's up with EurNzd and EurAud? 200pips spike...
  • #1,047,827
  • Jan 3, 2016 8:34pm Jan 3, 2016 8:34pm
Quoting ill_be_back
{quote} Hello 2016 {image}
hello and morning
Attached Image
  • #1,047,828
  • Jan 3, 2016 8:42pm Jan 3, 2016 8:42pm
Quoting edyraper
{quote} hello and morning {image}
A good trader follows his rules, but great trader knows when to break them
  • #1,047,829
  • Jan 3, 2016 8:43pm Jan 3, 2016 8:43pm
Quoting Undecided
{quote} It is going to be nice year, USDJPY broke down, expect to see it @ 10x {image}
Yup
A good trader follows his rules, but great trader knows when to break them
  • #1,047,830
  • Jan 3, 2016 8:54pm Jan 3, 2016 8:54pm
Quoting openyoureyes
{quote} 2016 will be good for GBP, but I think it is still early. gbpnzd gbpaud shows some signals of reversal though. E/U trades both sides, which is very profitable E/G is also a good sell ~0.74x (check daily)
what time frames ? I don't see any reversal sign in monthly in any gbpxxx pairs
  • #1,047,831
  • Jan 3, 2016 9:51pm Jan 3, 2016 9:51pm
Quoting sgkrishn
Guess Eu breaks 1.0800 soon.
yuk brokes 900
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #1,047,832
  • Jan 3, 2016 9:52pm Jan 3, 2016 9:52pm
But still being on my objective
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #1,047,833
  • Jan 3, 2016 9:53pm Jan 3, 2016 9:53pm
Quoting sgkrishn
{quote} yuk brokes 900
Bull trap.
  • #1,047,834
  • Jan 3, 2016 9:56pm Jan 3, 2016 9:56pm
Quoting sgkrishn
But still being on my objective
EU choppy atm ... daily is ranging between 1.08-1.1 or something ...
so
  • #1,047,835
  • Jan 3, 2016 9:58pm Jan 3, 2016 9:58pm
Quoting sgkrishn
But still being on my objective
There is no Good Reason for Euro to Rally in my opinion!!!!!
  • #1,047,836
  • Jan 3, 2016 9:59pm Jan 3, 2016 9:59pm
Quoting Dr.Zain
{quote} There is no Good Reason for Euro to Rally in my opinion!!!!!
what is the good reason for not rallying ?
  • #1,047,837
  • Jan 3, 2016 10:01pm Jan 3, 2016 10:01pm
Quoting edyraper
{quote} what is the good reason for not rallying ?
ECB Official always talking about More Printing!!!!
  • #1,047,838
  • Jan 3, 2016 10:03pm Jan 3, 2016 10:03pm
Quoting Dr.Zain
{quote} There is no Good Reason for Euro to Rally in my opinion!!!!!
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #1,047,839
  • Jan 3, 2016 10:06pm Jan 3, 2016 10:06pm
Quoting edyraper
{quote} what time frames ? I don't see any reversal sign in monthly in any gbpxxx pairs
BOE is more likely to raise Interest Rate late 2016 and Early 2017...That Fundamental Bias alone will give Investors more reasons to SELL any Spikes throughout the year....

That Story is more Important than the Technical Aspect of things due to the fact that we are in a globalized Market.

Things Changed mate.
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #1,047,840
  • Jan 3, 2016 10:08pm Jan 3, 2016 10:08pm
Quoting OctaveJay509
{quote} BOE is more likely to raise Interest Rate late 2016 and Early 2017...That Fundamental Bias alone will give Investors more reasons to SELL any Spikes throughout the year.... That Story is more Important than the Technical Aspect of things due to the fact that we are in a globalized Market. Things Changed mate.
Totally Agreed BOE is not going to raise atleast 2nd Half of 2016
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