EUR/USD & GBP/USD & AUD/USD Forex Trading

Quote from cabletrader:

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I sure hope nobody trade of of these from days ago...ahhh...not good...they were totally wrong!!!
 
man...for the EUR/USD, GBP/USD, USD/CHF and AUD/USD we are at serious inflection points...gonna go one way or the other...man...lot of research to do!!!...get the daily charts out for a number of months...wow
 
GBP/JPY level to watch on the downside 161.09 to 160.93 very nice range trade. has already done it 3-4 times today.

If 161.09 holds & 161.69 holds, should go to 162.07...
 
Quote from increasenow:

so, that must mean you trade like 10-100 standard lots per forex trade?...I guess?...hmmm...if so, wow!!!
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Not all the time. If it is a high probability trade, then yes. Otherwise, I cannot risk the draw-down.
 
Quote from increasenow:

I sure hope nobody trade of of these from days ago...ahhh...not good...they were totally wrong!!!
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Well not totally wrong and not totally right, that's why I said to you it's best to just rely on your own analysis.

If you don't have confidence in your own ability then you're going to have problems executing trades, and letting them play out.



24 pips in 5 minutes this morning, ya gotta luv this market!

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short 1 EUR/USD at 1.4382
stop: 1.4425
target: 1.4350
entered at: 8:34am CST

EUR/USD is looking to 'sink to' level of earlier in the day huge half hour bar up.
 
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