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Old 02-10-2010, 11:10 PM   #4369

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Re: Reading Charts in Real Time

Current look at the EURJPY ... that's about 160 pips of risk against a 500 pip profit target. I would obviously choose a higher swing low for my stop were I to trade this.

Best Wishes,

Thales
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Old 02-10-2010, 11:25 PM   #4370

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Re: Reading Charts in Real Time

The way those yen crosses have been moving as of late, it could do 500 in a day!
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Old 02-10-2010, 11:44 PM   #4371

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Re: Reading Charts in Real Time

Quote:
Originally Posted by thalestrader »
Cognizant of it rather than concerned, I'd say. I'll go to break even should price trade to 1.3840-3850.

Best Wishes,

Thales
Just curious, as that's the area I will be looking for shorts. Not saying I'll find any though.


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Old 02-11-2010, 03:11 AM   #4372

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Re: Reading Charts in Real Time

EUR/USD Long possible
Triggered already

Modified start triggered and stopped.

At the end of this week, I'll know whether the start with pullback is useful for EUR/USD.

Original start stopped.
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Last edited by Marko23; 02-11-2010 at 03:36 AM. Reason: Original stop
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Old 02-11-2010, 03:39 AM   #4373

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Re: Reading Charts in Real Time

EUR/USD Short triggered

At break even
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Reading Charts in Real Time-tl-05.png   Reading Charts in Real Time-tl-09.png   Reading Charts in Real Time-tl-11.png  

Last edited by Marko23; 02-11-2010 at 04:29 AM. Reason: B/E
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Old 02-11-2010, 04:20 AM   #4374

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Re: Reading Charts in Real Time

Here's trades i look for in fesx

http://img44.imageshack.us/img44/535...volume1122.png
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Old 02-11-2010, 04:49 AM   #4375

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Re: Reading Charts in Real Time

Quote:
Originally Posted by Marko23 »
EUR/USD Short triggered

At break even
Trade closed at 2R, slow progress.

Trailing stop better than 2R

Trailing stop hit, insignificant improvement

MFE 5R
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Reading Charts in Real Time-tl-12.png   Reading Charts in Real Time-tl-15.png   Reading Charts in Real Time-tl-17.png   Reading Charts in Real Time-tl-18.png  

Last edited by Marko23; 02-11-2010 at 05:36 AM. Reason: Update
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Old 02-11-2010, 08:32 AM   #4376

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Re: Reading Charts in Real Time

Quote:
Originally Posted by thalestrader »
Current look at the EURUSD/6E ...

Stopped out of the 6E for -1R:



I'll be looking for long sequences only in the vicinity of the lower blue line, and short sequences only in the vicinity of the upper blue line. Of course, long on a break and hold above the upper line, and short on break and hold below the lower line. No more playing in this chop for me until price moves to or breaks one of the extremes of the range.



Best Wishes,

Thales
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