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  1. C

    USD index

    Falling gold should lead to a bid for usd. I sure hope so cause I'm short Cad, GBP, Aud, EUR, JPY. Bout a half boat load.
  2. C

    USD index

    Cool
  3. C

    USD index

    Short Cad, short euro. Euro goes first if it doesn't move
  4. C

    USD index

    Short aud after puking out a small long. Short JPY.
  5. C

    USD index

    Was just going to put on a short aud position. Then I saw Nzd. Think I'll wait.
  6. C

    USD index

    Hammer, shooting star
  7. C

    USD index

    Not really. Give me an example. I just look at price action and trend mostly. When I see a market like aud this morning (US time) that should have a normal pullback and shoots beyond, especially after a long run, it gets my attention.
  8. C

    USD index

    How much are you looking for out of the trade?
  9. C

    When not to trade?

    I look for signs of fear, greed, panic, euphoria, traders who just made a mistake and and haven't realized it yet, or a trend asserting itself and slowly crushing anything in its way. Absent any of those, I try not to trade.
  10. C

    When not to trade?

    How many of you have put on a trade, then felt either nauseous or like something bad was about to happen? If I put on something and it feels really bad, I get out. I don't look at the chart and try to justify it regardless. Setup, no setup, whatever. Just puke it out.
  11. C

    When not to trade?

    That would be a good example of when not to trade. I have a good friend who does that, but less than before. ;)
  12. C

    When not to trade?

    To trade the way I trade, I believe that things come back to be shot at a second time. If I miss it, so what? There's always another pattern, another instrument. That's not an excuse to be lazy. It just means to stay loose. My worst trading problems come from being locked in and then new...
  13. C

    When not to trade?

    I took a retracement in the AUD this morning back to the .25 level. I wasn't crazy about the trade because it was getting late. I got out with a 2 pip profit after taking 15 pips in Cad in basically the same setup. Aud just wasn't moving. So I dumped it. Then it sold off hard immediately...
  14. C

    When not to trade?

    Failures occur because bigger otf players come in and swat your perfect setup .
  15. C

    When not to trade?

    You shouldn't not take a good setup even if it's hard unless there are other extraneous things going on in your situation. If you're angry you probably shouldn't trade. Yours truly is particularly prone to that.
  16. C

    When not to trade?

    Unless of course you're Wade Boggs in the dugout after losing the World Series. Which some damn Yankee fan was quick to point out to me the next day and thereafter.
  17. C

    When not to trade?

    There's never any Nevers in trading. There's no crying in baseball either.
  18. C

    When not to trade?

    A failed setup, usually the shorter term, gives information about who is winning and losing.
  19. C

    When not to trade?

    Yes
  20. C

    When not to trade?

    I would say that the Canadian dollar, and crude right now for that matter, are caught between longer and shorter trends. So you have setups both ways, in different time frames.
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