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Old 11-30-2009, 02:45 PM   #1977

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Well done

Quote:
Originally Posted by Gabe2004 »
2nd target hit
Well done Gabe,

Just an observation -- I was looking at the same EJ trade with some of Kiwi's recent comments in mind. The first break (trade) was after a 4h bar break down (there was a 4h "inside" bar after that one but to me trend was down) . The second possible trade on the chart, long, from the blue line, I would not have taken for the same reason (4h is still down).

And by the way, nice to see several people here from a forum of the past (at least to me), a traders roundtable if you so will. I would not have guessed .

Edit #1: I see Thales posted a potential short while I was writing this.
Edit #2: Thales post was for another pair... confusion reigns today. And the second long would have rocked. Oh well.
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Last edited by TrueBalance; 11-30-2009 at 03:40 PM. Reason: Comment about Thales post.
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Old 11-30-2009, 02:57 PM   #1978

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Re: Reading Charts in Real Time

Quote:
Originally Posted by Gabe2004 »
Forgot to post this one.
Sorry

Gabe
Had I been is this trade I would have moved my stop up.

Gabe
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Old 11-30-2009, 03:06 PM   #1979

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Re: Reading Charts in Real Time

Quote:
Originally Posted by Cory2679 »
Here's a clearer picture...

And you got 1:1 on that...

I thought that there was too much conjestion where you marked your entry eventhough it would have given you a better R:R.

Gabe
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Old 11-30-2009, 03:17 PM   #1980

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Re: Reading Charts in Real Time

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Originally Posted by Gabe2004 »
Had I been is this trade I would have moved my stop up.

Gabe
I did not mark the level at which I would move my stop to BE

Gabe
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Last edited by Gabe2004; 11-30-2009 at 03:22 PM.
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Old 11-30-2009, 03:27 PM   #1981

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Re: Reading Charts in Real Time

Quote:
Originally Posted by thalestrader »
GU ready to rest or rally?
Looked like it was resting after we were stopped in, and for a while it looked as though I was going to be able to come through for Don and post that losing trade he has been asking for.

Sorry Don, but the GU just doesn't want to cooperate, as it has now rallied past our BE move point, and we have hit the first PT for +26 (26.1 as we got .1 positive slippage). Second PT is 1.6494, and stop is BE on the remaining position.

Don't worry, Don. We do have losing trades, so it is only a matter of time before you get your wish.

Best Wishes,

Thales
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Old 11-30-2009, 03:35 PM   #1982

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Re: Reading Charts in Real Time

Quote:
Originally Posted by Gabe2004 »
I did not mark the level at which I would move my stop to BE

Gabe
First PT hit.
Moved my SL to a new level.

Gabe
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Old 11-30-2009, 03:39 PM   #1983

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Re: Reading Charts in Real Time

Quote:
Originally Posted by thalestrader »
we have hit the first PT for +26 (26.1 as we got .1 positive slippage). Second PT is 1.6494, and stop is BE on the remaining position.
We are moving our stop up to 1.6449, and otherwise we are holding for 1.6494.

Best Wishes,

Thales
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Old 11-30-2009, 03:40 PM   #1984

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Re: Reading Charts in Real Time

Quote:
Originally Posted by Gabe2004 »
First PT hit.
Moved my SL to a new level.

Gabe
Gabe, you are on fire today! Congratulations!


Best Wishes,

Thales
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