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tradingwizzard

Market Wizard
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Everything posted by tradingwizzard

  1. I think u andwered your own question there TW
  2. I guess it's more of a nuance......depends on your time horizon.....or maybe I am a scalper on the monthly chart TW
  3. thank you, I missed that solved TW
  4. I'm looking at the next week with RBA, ECB and BOE coming with interest rate decisions and the ECB seems to be the one that should point towards more easing (not rate cut, but dovish language at least).........watch out for LTRO's or negative rates discussions.......reason for that is loans to corporations to minimum in last 3-4 years...means tough business environment and points towards slow growth, if any...... does this mean eurusd will head down on the long run? not really.........but curious about how the ECB will act next week. TW
  5. Trade nr. 19 Going LONG AUDUSD here in 0.9100 stop loss 0.9040 take profit 0.9238 profit taking ahead of month end
  6. another way of killing a thread/discussion I will not allow this kind of replies anymore, no offence to any of participants.....maybe someone is really interested for a real answer instead of this nonsense TW
  7. so clear we can talk about anything else (French fries for example on such a thread but not the actual theme...man:( TW
  8. is this not the same thing? ...scalper = day trader? TW
  9. be careful what you wish for.....there is a saying.......everyone is imagining working from home is the easiest way possible.........well, it is, in a way.....however, it brings with it more responsibility, long working hours (you have to prove yourself right?) and if anyone thinks success will just knock on the door on the first day than he/she must be a dreamer and nothing else TW
  10. Trade nr. 18 Going SHORT EURUSD here in 1.3602 for 1.3430 tp sl 1.3738 zigzag to he upside on the 4h chart as a corrective wave completed
  11. there was a famous EA (expert advisor) for the currency markets some time ago that was doing exactly what you are saying there and was a huge success....until markets changed......so things like that, like in correlations actually, are being true until they don't anymore TW
  12. again, if anything, the book is about trading psychology......that Anaconda example is the best one I can think of right now TW
  13. funny this feeling when jackals go for the jugular when they smell blood......otherwise so silent as real traders are busy not wasting time answering trading threads but talking crap really nice TW
  14. closing the long here in 137.92 for +171 pips profit...
  15. ok mits, it is clear you are not interested in a serious discussion on the theme of the thread so let's leave it like this TW
  16. ok ok, fair enough let's hear the explanation TW
  17. answer to the 5 min chart question: yes, but....... and after the but it depends on how you continue....... TW
  18. any bear still in the house?..........crap, they will not taper........markets will not be positioned in such a manner with a tapering to come anytime soon (at leas 1 year horizon in my opinion).......Philly Fed employment component was a disaster the other day.........just saying TW
  19. Going LONG EURAUD here in 1.4771 for 1.50 tp and 1.4600 stop loss 5th wave extension there
  20. I don't know about tapering.....Yellen is coming and she was pretty clear that the economy needs MORE stimulus, not tapering.....any time soon would not be the case......plus....maybe they will taper, but what if after tapering let's say 20 bln the economic releases are coming on the negative side again?.....well, stimulus back on the table..... just saying.... TW
  21. I think that we're about to whitness a major squeeze to the upside....people don't seem to realize what this pattern (double three running) means TW
  22. Going LONG EURJPY here in 136.21 with 134 stop loss and 143.45 take profit
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