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  #971 (permalink)  
Old 11-08-2008, 10:16 PM
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Quote:
Originally Posted by ValeoFX View Post
"Read the instructions when all else fails" is what my Mom use to say when I attempted to cook something. In this case no different, Teodosi.

In a nutshell:................we trade off the H1-TF and what I have done for months now, is to run a similar M-30 TF next to the H1 TF to see what is happening inside the Hour. (Hence BigJoe's use of the M-15 TF with great success)

Everything is seen on your M-5 TF and that is where you enter.

Maybe we should discuss your problem of "not seeing it" on MSN - I also am on Skype, but I find Skype chews bandwidth. Yahoo or MSN, your choice.

Best wishes.
Hello sir, will you kindly tell me your skype to contact you.I have some questions and i think that only you could help me.

Best wishes
Teodosy
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  #972 (permalink)  
Old 11-10-2008, 11:12 PM
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Quote:
Originally Posted by Poocher View Post
The 18:30 candle has a tail under so was a good place to get out.
Attachment 72146
Could someone post the template and indicators shown in the picture?
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  #973 (permalink)  
Old 11-11-2008, 04:55 PM
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EU Trade

Hello Everyone,

It's been a while since I've posted here. I took a few weeks off for vacation to recharge the battery. Here's a trade I took this morning.

For me, this is a very good "Valeo" entry. I was also looking for a short since the general trend is still short and the US stock futures were pointing to a negative open. In the recent economic crisis, a downward US stock market has been associated with a stronger USD as people are moving their assets away from risk. I took my entry at 1.2728

There were a couple key points to watch. The 1.27 level which for EU can always be a turning point and then the 1.2675 level which was the low for the Asian session. Once it passed those levels, it was very likely to come down a lot farther. There was one other point where I watched closely which was at about 1.2620 where there was a pivot line and the price made a small retrace.

At 11:00 New York time, I knew the London session was closing and the US is on a holiday, so I thought the run may end around this time which it seemed to do. I received comfirmation from the WPR cross, RSI and CCI5 crossing the zero line. I exited at 1.2548 for 180 pips.

I hope others caught this ride!
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  #974 (permalink)  
Old 11-11-2008, 08:38 PM
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Quote:
Originally Posted by Rig View Post
Hello Everyone,

It's been a while since I've posted here. I took a few weeks off for vacation to recharge the battery. Here's a trade I took this morning.

For me, this is a very good "Valeo" entry. I was also looking for a short since the general trend is still short and the US stock futures were pointing to a negative open. In the recent economic crisis, a downward US stock market has been associated with a stronger USD as people are moving their assets away from risk. I took my entry at 1.2728

There were a couple key points to watch. The 1.27 level which for EU can always be a turning point and then the 1.2675 level which was the low for the Asian session. Once it passed those levels, it was very likely to come down a lot farther. There was one other point where I watched closely which was at about 1.2620 where there was a pivot line and the price made a small retrace.

At 11:00 New York time, I knew the London session was closing and the US is on a holiday, so I thought the run may end around this time which it seemed to do. I received comfirmation from the WPR cross, RSI and CCI5 crossing the zero line. I exited at 1.2548 for 180 pips.

I hope others caught this ride!
Is this 5 min TF ?
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  #975 (permalink)  
Old 11-12-2008, 12:22 PM
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Big run

Valeo, I got the big run ! Please see the picture below

the red line for entry , and the green for out !

I think you also got that !
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  #976 (permalink)  
Old 11-12-2008, 12:37 PM
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Rig and Yevel.........

Well done guys. Excellent pips.

Rig, it is good to see you back and the vacation obviously did it for you. Looking forward to more posts here from you both. I like your reasoning when it comes to making a trading decision, whereas I only trade what is in front of me.

I have taken off most of the AllAverages indicators because it was too cluttered and only kept the H1-28 (solid Magenta) and H1-100 (solid Aqua) on my chart.

Wish you both continued success.
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  #977 (permalink)  
Old 11-12-2008, 12:39 PM
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Quote:
Originally Posted by jturns23 View Post
Could someone post the template and indicators shown in the picture?
Hi "JTurns",

Is it not in the Zipped file? Let me know, please as it shows in mine.

Best wishes.
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  #978 (permalink)  
Old 11-12-2008, 04:48 PM
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I took the short this afternoon guys. Great entry. This is where my favorite trading book - Jiler's Stock Charts from the 60s gave me a big fat edge in getting in on the short @ 1.5212 --- and again and again @ 1.5208.

Check out my wild and crazy chart and then the GBP/JPY for the holding of the EMA15 and EMA8 clues of the breakout beneath lows. Classic day for lots of pips on easy for the more experienced cable traders.

With a new president, the downside break was inevitable through the speakers today in my opinion and a technical sell with the trending market, contained sell channel, which broke downside which was expected if you read Jiler's book on market behavior and how that is reflected in charts. The horizontal channel was a dead giveaway.
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File Type: gif gbp-jpy-emas.gif (15.6 KB, 167 views)
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Last edited by suk1000k; 11-12-2008 at 04:56 PM.
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  #979 (permalink)  
Old 11-12-2008, 05:04 PM
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Shame on me !

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Last edited by Big Joe; 11-12-2008 at 05:29 PM.
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  #980 (permalink)  
Old 11-12-2008, 09:16 PM
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Livin' the good life...nice trades!
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