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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
Sometimes I will fade entry one of my target levels taking a set up off a 3 min chart but I am hellish quick to get flat if the reversal don't move well. Last thing I would do is to publish the trade in a forum which has some novice traders because I don't want to be responsible for anyone latching onto a dodgy trade and failing to manage it nimbly. My losses are my own losses and kept extremely tight. If the forum were an RT room that's different because a trade can be discussed by audio and real time chart presentation as price progresses. All the reasons why can be clearly communicated.
yes... done at lot thinking this past 2 weeks.... realized that i made the most rookie mistakes... 1st was assuming there would be 1 more leg down.... 2nd adding to shorts without clear signal or confirmation....
took a step back and started to read the chart without any bias... then it became quite clear... was quite confident i could get out of this mess... and i'm quite confident we'll see 44xx level by next week... only daily close above 4800 level would make me think otherwise...
looking at jacek's posts made me realize i should say less... i'll reserve what i have to say unless necessary... just like you... :) thanks and good luck!
IGGY..
hoping to visit Jamaica in the near future... :)
Nor perma married to longs.
300+ pips.... and closed at the bottom...
haven't seen that kind of candle for sometime... something most traders should respect... but i guess a lot don;'t give importance to 8 hour candle... well... I DO!
most seem to be quite biased to the upside... thinking downside would be very limited... could keep dropping without much retrace.... anyway gl/gt