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- daffy replied Jan 13, 2009
Apologies all, I referred to the wrong post originally, I meant 24, not 36. Although 36 does relate to the same thing, the candle closed bullish with no wick, and this was a signal to enter short on the next candle.
Trade what you see NOT what you expect
- daffy replied Jan 12, 2009
Hi EoHater, I have a question about the setup in post #24. I've seen it on numerous timeframes, and I've seen Steelhead mention it with reference to the 4 hour chart, but I don't understand why this is a good setup, as in, what is it about a candle ...
Trade what you see NOT what you expect
- daffy replied Jan 9, 2009
Sorry bout that
Cable Update (GBPUSD)The +2 makes sense now - it would cover the margin on the trade and give you a free/breakeven trade. Cheers!
- daffy replied Jan 9, 2009
Thanks for the answer and the welcome, certainly clears up a bit of confusion. Can I ask about terminology? What is PA short for, and what is +2 short for? It took me a couple hours to figure out TP (although I got the gist of what it meant, just ...
Cable Update (GBPUSD)
- daffy replied Jan 9, 2009
Hi, I've just joined the forum and I'm trying to learn the ropes and gain knowledge. EoHater, can I ask a couple of questions about your statement above? 1/ If you've gone long at 5140, is your plan to add to add to the existing trade at 5100 or are ...
Cable Update (GBPUSD)