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The E/U seems to be nothing but small moves, and jiggling around like it's going cold turkey today. You think it's going to continue a trend, but it reverses on ya.
 
I feel your pain. G/J is doing the same thing. It will settle down at some point. May be a good day to take off.
 
heres chart

sell from line,may be a touch early
 

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Took these trades several hours ago. Sorry I could not post them when they were entered.
e/j long @ 108.25, g/u long @ 1,5899, swissie short @ .8954
 

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Overnight Swing Trade
Short audusd 1.0811
stop 1.0847
target 1.0740

1/2 position

aud has been in a range for the entire month. Plenty of data out tomorrow so should be exciting. Stop is just over February's high.

Peter
 

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exit @ BE
18 pip range over 7 hours. Market is waiting for Greece news out about 75 minutes from now. Better to wait and try to play a breakout then.

Peter
 
Now why did I go for the 100:confused:

will post much more next week, good to see new posters and winners

Well done Lord Flasheart. You took a lot from it - no need to regret.

Sometimes I see it afterwards and think I shoulda, coulda as well.

I could have taken easily 30 points more from my last bet, but that's beside the point. I was happy with 1/1.5 risk/reward and that's why I closed it.
Also I was in it only 23 minutes - shorter the period = shorter the exposure
 
cable looking very tempting if it goes back towards line. Didnt take earlier as euro was falling
 

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reason for cad/jpy trade,same as ever,just a simple sell from the line
 

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no I sell from the lines and ellipses. Its a straight pullback to the line,look at euro charts and youll see what I mean

I guess my question should have been :- how do you come to draw your reversal line from the origin that you use (see attached chart) ???

I appreciate that you are busy and may not have time to explain, in which case....no problem.
 

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