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- libb replied Jan 13, 2009
is your bias towards short technical/chart or fundamental based?
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- libb replied Jan 13, 2009
My plan was to take half profit at 1.1250 and if it broke I would have some left for more profit. It just seemed like an obvious ascending triangle to me so I thought I'd post, criticism always welcome though.
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- libb replied Jan 13, 2009
IMO...while trendlines are useful and I use them, I wouldn't take trades soley on TL's. I think support and resistance are king, but if obvious trendlines are in agreement with obvious support and resistance...you have yourself a high probability ...
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- libb replied Jan 13, 2009
USD/CHF — A move upwards seems likely on USD/CHF. Thought I'd start adding to the thread again and post a chart.
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- libb replied Jan 7, 2009
Seems very likely. But, in terms of R/R, the next area of support it will hit is .8980 Edit - Oops I skimmed over the part where you said long. I was thinking it would go south, and it did. I know, how convienent to post after it went my way.
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- libb replied Dec 18, 2008
No good lookin setups that I've found lately. I'm taking my time in these conditions to find the most obvious (no brainer) setups. I'm still around, if I find a good one I'll be sure to post
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- libb replied Dec 18, 2008
I have a feeling BRV has taken the rest of the year off and will be back in Jan.
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- libb replied Dec 17, 2008
Do you mean when it came down to the current low of today again? 124.21ish?
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- libb replied Dec 15, 2008
What was your reasoning for shorting usd/chf at that level? Just trying to gain some insight
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- libb replied Dec 15, 2008
Nice downward TL from friday's close as well that hits 90.80
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- libb replied Dec 15, 2008
Don't give up Tori! I think you're one of the best regulars on here! I've also had a few moments these past weeks that made me question myself. I took a little time off, read all the gems of information here and applied it to my trading. I think it ...
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- libb replied Dec 15, 2008
Thanks for the heads up on that usd/cad. I'll be watching it. Yeah it does seem a little slower in here lately. I wish I had enough time to post that GBP/USD trade this morning. I rolled out of bed this morning and noticed it was about to break that ...
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- libb replied Dec 15, 2008
Seems likely. You see anything else about that level other than it seems to be an important level at least in the immediate past? (at least till oct. or so)
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- libb replied Dec 13, 2008
I like to believe and will repeat what I learned in the book "Trading for a Living" by Alexander Elder... You should focus on becoming a better trader, and the profits will naturally follow. Takisd, Great thread. I believe trading this way also ...
How people should really trade!
- libb replied Dec 11, 2008
To put in my 2 cents 1.3256 seems probable simply because according to my charts the average daily range of e/u is about 160ish and we're already up to 240 today. It might be out of steam to move up to 1.3300
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- libb replied Dec 10, 2008
Very nice work TS. Few questions. 1. Is this a main strategy that you use, day in, day out for most pairs? 2. Not a big deal but, is there a way to automatically mark up the previous days levels? (indicator)
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- libb replied Dec 9, 2008
Oh ok, I was thinking you were looking at a bounce after the wolfe wave. Cool little pattern though, I'll look out for it from now.
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- libb replied Dec 9, 2008
Hey TS, I'm a little confused about taking profit at which trendline like you showed in your chart. The trend line made by points 2 and 4 from the wolfe wave?
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- libb replied Dec 9, 2008
Hey GW, I remember talking to you a few pages back about inside bars. How do you decide entry points and sl's on the daily time frame for inside bars?
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- libb replied Dec 8, 2008
EUR/GBP — Just a heads up on the EUR/GBP. It's touched the .8721-.8737 area a few times since dec 4th. Here's a link to to Kathy Lien's analysis that suggests it could head up to .9000 url
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