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Obsidian
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Everything posted by Obsidian
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U.S. Existing Home Sales:
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I don't leave any positions unattended so if I am going somewhere, I close all open positions. If I am on a vacation, I leave technology at home
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I agree that focusing on a single variable may be misguiding. A strategy with %99 accuracy may evaporate your trading account. isn't putting so much emphasis on "how much you are you making" the same? saying that I make X amount in Y time brings so many questions. I think when new traders evaluate a trading system, they should check: -initial investment size -leverage -win/loss rate -average win&lose -how long you have been using this system -duration of trades -average profit per week-month -max consecutive winning trades & losing trades in my very humble opinion....
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unfortunately, I totally disagree
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Summary of open orders and positions:
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it seems going long is safer at this point as 1660 is possible. I wouldn't short till I see a strong bearish candle.
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above 1.2440, intra-day trading strategy will change from sell on rallies to buy on dips
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thinking of going long around 1.5750/60 (wherever the pair meets 34ema) with targets 1.5820&1.5885.
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bounced from bottom of the channel but clouds are slowing it down...buying pressure will increase above 1.0535
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that type of news belongs to "miracle of the decade" section I guess
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-decide what time frame would you like to use -create a system with a proper risk/money management -practice and master your system -while practicing, prepare yourself for unexpected movement. make sure you have a plan before you click buy-sell button
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Summary of open orders and positions:
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Thanks Slick60. Today trading range is too tight..my shorts are closed at BE
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Hi BlueHorseshoe, I used "before" for 2 years I guess. I was using that template to trade gbp/usd. It was ok but not accurate as much as I wanted. it was generating signals against the main trend so I started searching for something more simple. Because I also wanted to trade other pairs instead of focusing only one (it is pretty boring to trade only one pair when it goes flat). Then I switched to ichimoku as you see on the "after" chart.
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before.....after......
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Introduce Yourself Here - Don't Be Shy!!
Obsidian replied to trading4life's topic in Beginners Forum
Hello and welcome to the TL community! -
I don't like trading usd/jpy (as my TA sucks when it comes to this pair) but I think about longing around 79.20 (if seen) targeting 81.40 with a stop at 78.40...any thoughts?
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sinking as expected this week, if it bounces, I will be looking for a bearish candle around 1.0370
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I think a break below 1.0390 would take us to 1.3020...but if it bounces from there, the bulls will try to reach 1.0465 or even 1.0493...
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removing that EA is as easy as clicking a button you know...
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Hi Bobc, I couldn't agree more @Jimbo Hopes his connections with Chinese are good...
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eFXnews : Speculators' Summer Indecision: Betting on A Drop In Both Of EUR And USD
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E-mini SP500, 2 year & 10 year treasury notes:
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Weekly charts: EUR-GBP-CHF-CAD-JPY-Gold-Silver: