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LinkBack (187) | Thread Tools | Display Modes |
03-08-2006, 08:40 AM
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usdjpy is the one pair that doesn't correctly fit to your trading time restrictions (8-18) because of a different time zone. If I understand your notice - you mean only to trade level I signals in this pair? --> now it seems the next signal will be long again On the other side I traded usdgbp - exited 1/3 after 20 pips and trailed stop to entry - and so I was stopped out on entry - currently I do not know if that was a good idea, because of the fight which takes place - but it nevertheless is risk reducing. Current market orientation seems to be sidewards after the two days with a long or short run in these pairs - that makes the signals riskier. b.r. mibl
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Never trade with money which you need to make a living *** I trade with my money based on my decisions *** Please decide for yourself. Last edited by mibl; 03-08-2006 at 08:43 AM.     
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03-08-2006, 08:56 AM
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Helfen,...........
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"Risk comes from not knowing what you are doing" The Tao of Warren Buffett. "Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.
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03-08-2006, 08:56 AM
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You've done great on cable, man. Scaling, scaling. This market, as you say, is very risky right now: eurusd and gbpusd are in bearish mode and we bought. In this kind of markets, the better is to take some and protect. Usdchf has not shown so far any sign of weakness, which tells us big pockets are with dollar now. Maybe they change in 10 minutes time, I do not know, but the fight is here as we all can see. I think eurusd should try to kiss 1.1930 at least. But we'll see, cause cable is beaten hard and usdchf is holding 1.3100 with fury. Nina Nina
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03-08-2006, 09:19 AM
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About GBPUSD: buy entry was at 1.7390. Made a high at 1.7419. That is +29 pips. You should've taken some and you should have placed stop at b/e. About EURUSD: buy entry was at 1.1913. Made a high at 1.1921. It has not made my minimum of 15 pips. Now it has opened below EMA50 with StepMA_Stoch still in green mode. Market is dollar long so far. USDCHF was a sell at 1.3100 and it only made a low at 1.3097. It has opened now above EMA50 with StepMA_Stoch still in red mode. I do not like these kind of markets. In fact, I hate them. If eurusd keeps opening below EMA50 and StepMA_Stoch changes to red, I will close my long and I will take my lost. I will not reverse if I do not see a rush. Market now is almost flat. Nina
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03-08-2006, 09:38 AM
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Hi!
Fory: here there are a lot of people that follow CatFX50. There are people that place a stop of 50 pips. Others, like me, use one of 34 and so on. You should find the way where you feel more confident. Of course, your way should be related to the size of your account.  I say you this, cause cable's long is still long. I closed it. That's true. But I did it cause my trading style is "conservative". Enjoy! Nina Last edited by nina; 03-08-2006 at 09:40 AM.
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03-08-2006, 09:57 AM
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The problem I see here is that I'm a man  Nina, my cat, is a female.  Nina
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