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the project, the grail.

TheSmokedAce
Dec 26 2013 at 15:00
67 posts
Without using insults, here is what I see. The pair has breached the 60MA on the 4h chart, which means its no longer a sell, and in fact pretty much ranging. Also, I would be very careful to play with such a exotic pair during high spread season. Im sure the extra spread alone is killing lots of margin for you.

pumpingmonkey
Dec 26 2013 at 16:15
126 posts
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CURRENT VARIABLES:

MXR: 3.2175
XF: 6.3394
XC: 7.0054
DX: 6.660513
MP: 6.6724
T: 1.190
POS: 1.3276
PL: -5.63

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pumpingmonkey
Dec 26 2013 at 17:49
126 posts
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in a very calm situation, the spread will eventually return to approx four pips.

spreads were, if i remember correctly, up to twenty five pips.

spreads have now returned to 5.5 pips.

this pair is very hard pushed into a corner and can not move up.

takeprofits have been set at the two hundred pip level.
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CrazyTraderfx (CrazyTrader)
Dec 26 2013 at 20:57
1718 posts
pumpingmonkey posted:


this pair is very hard pushed into a corner and can not move up.



Experience will teach you that market can do what it wants when it wants.

Adrian Matusiak (adrian8891)
Dec 26 2013 at 21:02
696 posts
CrazyTrader posted:
pumpingmonkey posted:


this pair is very hard pushed into a corner and can not move up.



Experience will teach you that market can do what it wants when it wants.


Totally agree!

PAMM MANAGER // Professional Fund Manager
pumpingmonkey
Dec 27 2013 at 02:36
126 posts
CURRENT POSITION IS 1.05 LOTS SHORT AUDNZD, @ ONE DOLLAR PER PIP APPROX WITH AVERAGE ENTRY PRICE OF 1.08916333, TAKEPROFITS SET AT 1.0700 FOR A PROFIT OF 191 PIPS.

REGARDS.
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TheSmokedAce
Dec 27 2013 at 09:29
67 posts
I have learned over the years, that it is better to go with the trend, and NEVER to avg out your position, once your initial SL is hit, get out, with a minimum of 28 pairs, there is always action

pumpingmonkey
Dec 27 2013 at 11:05
126 posts
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NEW BASIC OPERATING RULE FOR THIS THREAD:

NO MORE WISDOM FROM YOU.

NO MORE EXPERIENCES ADVICES FROM YOU.

I DO NOT SEEK OUT YOUR EXPERIENCE.

I DO NOT SEEK OUT YOUR WISDOM.

KINDLY GIVE THAT CHILDISH BULLSHT TO SOMEBODY THAT ACTUALLY WANTS IT.

THE THREE ENTITIES THAT HAVE POSTED IN THIS THREAD SO FAR HAVE BEEN BLOCKED BY MYSELF.

I DO NOT ENJOY TO TAKE ACTION SUCH AS THIS BUT I CAN AND I WILL AND I DID.

INTELLIGENT RESPONSES FROM INTELLIGENT PERSONS ARE ALWYS WELCOME.

OR JUST SIMPLY DO NOT REPLY.

TRADES ARE IN PROGRESS.
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Killing Spree (BloodyMary)
Dec 27 2013 at 12:20
5 posts
Sorry man... What you just did is really ugly and it is just the image of what you are.

A little child frustrated because market is not doing a double bottom as you expect.

1 trade at a time as you said... so it's been a week AUDNZD has ranged from 30 pips and you expect 200 pips... while EURUSD, GBPUSD EURJPY... and so much more have just jumped 200 pips in 4 hours.

Good luck at trading picking the wrong top and bottom on the wrong currency pair little monkey!

Ps: Thoses traders that have posted here... it was just to help you out. Grow up... and your performance should increase.


Professor53
Dec 27 2013 at 16:37
795 posts
Yep! and a Grid EA with a wide spread would have made a profit ( althought a dangerous setup).

Click on my Name to see My Live Charts and Bio.
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