Whats it all about, Alfie? -
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thread: Whats it all about, Alfie?

  1. #11
    Q1.What prevent loss you use?
    Since (picture1),it went very high and fall back and it make me dropped 89 pips

    imagine 2 is something we must see,rite?
    Obv turn upward,macd still down,pa to alf still a little space,it might be reversal.

    In the end, it surprised me again and
    I played with 6 Trade and earned within 600~700 pips.
    Thats amazing!
    On that lousy entry short, I wouldn't have entered short there. After such a massive move down there is bound to be some consolidation and maybe a retrace, you seem to have seen the obv divergence and alf flattening out. All signs not to enter a trade there.
    A big part of success is learning how to await the right signals. If the egy is good we can have faith in it. We will not feel as we have to have in right now because maybe we are likely to miss a move and then pay the price for uncontrolled impulsive trading.
    That is the reason why I watch so many pairs searching for just the correct entries. This is the afternoon chart we are trading.

  2. #12
    There's the weekly of USDTRY. Sitting on support. A break under implies 3000 pips. Not all in 1 day of course. But this could be great pleasure over the course of several weeks. Any US QE would be like a trap door opening. . It's fair to expect some retracing prior to a descent. Sitting on strong support additionally, this is the 200ema, doesn't show on my chart here (insufficient information in the background probably).

  3. #13
    Maybe a little over enthusiastic. Seems as the market place is retracing or stalled in almost every pair. Good time not to enter a trade.
    However,.... Went ahead with short USDCAD. Will probably have to ride out a little bit of dd.
    Mental stop just preceding swing high 1.0403
    goal, support spread. 1.0105. .
    Most probably will see 1.0 again at a certain stage.
    Didn't pay close enough attention to macd on the 30 m and 1h. If I had I'd have observed macd was turning ... and could have waited for a better entry short.
    I truly do not want to market another bottom...
    Just should have waited to exchange anything.
    USDCAD is trading for few weeks.
    Will hold and count on USD weakness to bring down things finally.
    Alf is slightly down and obv not showing signs of big buyers.
    That macd should have captured my attention, even on the day macd is pretty far below 0 even though macd has crossed slightly below the signal.
    Just not the best entry I could have waited for, just impatience.
    Impatience can be expensive. Will wait and see.

  4. #14
    gt;gt;gt;2010/10/04 05:52:58 USD/CAD TECHSWe Are Looking to Sell Rallies at 1.3400lt;lt;lt;
    Came over the news wire.
    I really don't observe the pair retracing that way...

  5. #15
    USDCAD consolidating just a bit.
    Failed in the trend for the 4th time.
    So let's see.
    A bad entry but the trend is down. The benefit of trading with a trend. Even is if the entry is not quite appropriate, the trend will continue at some point.
    We're not there yet, but seems okay so far.
    US data in seven mins.


  6. #16
    upgrade:
    entered brief too premature,
    riding out dd
    always a little nerve-racking
    butting up against resistance trend line 3rd or 4th evaluation
    main trend down...

  7. #17
    update
    okay!!
    London flipped it about
    Again the advantage of trading with all the major trend.
    Even when the entry isn't very right on, eventually it'll come around. .
    I am not getting the party hats out yet, but that is a good start to the right leadership...

  8. #18
    upgrade
    back to where we started pretty much
    looking for a fall to 8/5/10 low and 4/21/10 non
    nevertheless no party hats just yet.
    Forex may do anything...
    But looking very good.

  9. #19
    I am still waiting wuth un
    gl

  10. #20
    I am still waiting wuth u
    gl
    et tu, Brute?
    Eventually attained a little profit, and started to retrace back again. LET ME OUT...

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