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Forex Trading 2018- TA/FA- Setups and discussion, page-3133

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Calcio_mondo

98 Posts.

25/05/18

00:13

Post #: 33300131
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Originally posted by RickM ↑

AUDCAD - BUY with current profit 48 pips.

Now passed the 240EMA on the H4 chart so tomorrow I starting Buying on pullbacks.
Two other rules I have -

1.. The next trade cannot be within 0.5 ADR100 ( 31 pips ) of the last trade.
2.. Cannot be opened on the same trading session as the last trade.

It has run hot today with the average daily range of 72 pips today which is more than 60 pips on a average day and still 8 hours to run. That is notice for me that a pullback is due tomorrow.

So tonight I am up 128 pips but if I stayed longer in EURCAD - I could have been up 235 pips.
That's all earned by mainly trading the 5 minute chart on attractive trends.

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im prepared to say yhe gbpjpy is all gins a blaze for long.
hasnt taken out today low or yesterday low.
hit liquidity and gone up.
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