$ Millionaire Traders Golden Price Mining

Quoting factlover

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{quote} AUDUSD: it's hard to find prev.posts for the same pair... We may be right at the good GL to go down, what do you think, guys? Level .7640 looks as well defined for me and it's around Fib-62 from last leg down, and a nice set up for the 2nd shoulder in H&S pattern... {image} {image}

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Quoting Earleone

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{quote} Nope . Taken out. It is ok. R:R is good for all trades I take and I do not expect statistical to win all off them even if that would have been nice . If I manage 50% win rate with R:R 1:2 it is excellent imo.

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Quoting Blackopal

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{quote} Stopped out at 75.08. Right where it turned

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Quoting Quinton

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{quote} Just to add, aside from the general nature of EUR/AUD, the recent move down into the range on April 7th and then back out of it made it clear that any long trades taken on a 2nd move back into it would be closed quickly. Our expectation for a sustained upward move from any of these levels is therefore greatly diminished in these kinds of situations. {image}

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Quoting Quinton

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{quote} No need to go back to 2014. There is a better priced level @ .9480 - .9504. It's an ok level and at this point I would consider it a candidate for a short-term scalp. So, If I were mining for a nearby level that price May-July range would have to be involved in one way or another in defining the level. Q {image}

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Quoting Quinton

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{quote} Almost to-the-pip entry on the USD/CHF golden level. Love when this happens. {image}

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Quoting Keyser_Soze

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{quote} Nice trade. Great thread

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Quoting Quinton

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{quote} This one is worth discussing. I did not take the trade, but there is quite a bit to be learned here. AUD/USD is obviously ranging with some previous upside momentum that may or may not be continued into the future. Either the market turns back into the range and faces several support upsticles or proceeds to push up. Either case has us closing out profit sooner than later. You could have squeezed out around 30 pips out of that lower level defined by the most recent range. However, given the upward pressure, we chose conservative entry targets...

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Quoting jvmv4

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Hi Quinton Great thread what's your view with NZDJPY right on your 4HR golden zone. JVM

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Quoting factlover

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{quote} AUDUSD: looks like a forming short term level for me in the current area at 0.7675. It might become a top of the same range as at the end of March. And daily Fib-61.8 (from daily leg down May-Dec 2015) may serve again as support for the range. I'm short at .7672 {image}

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Quoting Hpt

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{quote} AUDUSD Hi, some confl. factors , hope this chart doesn`t disturb this nice thread {image} HPT

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Quoting factlover

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EURUSD: Area around 1.1225 - 1.1240 might be good to go long, what do you think, guys? H4-MA200 is there and this level looks good for "squaring up" the last not-covered jump on Mar 29. Monthly pivot at 1.1225 may support reverse in this area too. Plus daily EMA-50 will be close {image}

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Quoting Hpt

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EU not sure about my level, 1.1204 has confl {image} HPT

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Quoting Hpt

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devinitely , a colorful , nice island to trade {image}

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