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#1 Feb. 4, 2012 17:13:00

lionsgate
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The Week of 5/2.

Looking for a Trade?

Sell USD/CHF on the open 5/2. Buy Stop at 92.30.

Target 200-300 pips lower. Cover on a break intraday or wait until Friday's close.

No guarantee. Trade at your own risk, of course. Good luck!

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#2 Feb. 4, 2012 18:29:00

Astone999
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The Week of 5/2.

My daily screen that I use for my swing trade account turned up the same trade. Doesn't mean it's a winner, but I think you made a good suggestion.


"It never was my thinking that made the big money for me. It always was my sitting". Jesse Livermore

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#3 Feb. 4, 2012 18:43:00

Lonestar
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The Week of 5/2.

quote:
Originally posted by lionsgate:
For FRIDAY 3/2/2012. Today's SPECIAL. GO LONG USD/CHF. STOP @ 91.15. Upside 93++++??? Do you feel lucky?

quote:
Originally posted by lionsgate:
Looking for a Trade?

Sell USD/CHF on the open 5/2. Buy Stop at 92.30.

Target 200-300 pips lower. Cover on a break intraday or wait until Friday's close.

No guarantee. Trade at your own risk, of course. Good luck!

Not going to wait for 93+++ like you suggested on Friday? On to shorts now, huh. I guess if you suggest both long and short you can at least claim to right half the time. [Roll Eyes]


Just because you've made up your mind about something doesn't mean you should stop listening.

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#4 Feb. 5, 2012 01:06:00

KingJ
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The Week of 5/2.

What prompted you to consider that triade, Lionsgate?

I'm short USD/CAD from 1.007, targeting .961.


"Never be afraid to try something new. Remember, amateurs built the ark, professionals built the Titanic."

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#5 Feb. 5, 2012 16:38:00

lionsgate
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The Week of 5/2.

@ Lonestar. Friday's trade was for that day only. I do not position trade generally.

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#6 Feb. 5, 2012 16:39:00

Lonestar
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The Week of 5/2.

This was a great example of pure gambling, not trading. This person's trade didn't work out, even after completely changing direction, and frankly it wouldn't have mattered even if it did work out and become a win. It would still be straight up gambling. Planning on selling or buying any pair at Sun. open without taking into account weekend events in Euroland is just stupid. Even knowing what came out of the meetings and trading the open is a big gamble. Has anyone been taking note of Sunday opens lately? Obviously this guy hasn't. Nothing personal against the OP but this had to be said in case there are newbies thinking this is a smart way to trade.

[ February 05, 2012, 04:40 PM: Message edited by: Lonestar ]


Just because you've made up your mind about something doesn't mean you should stop listening.

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#7 Feb. 5, 2012 16:49:00

Lonestar
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The Week of 5/2.

quote:
Originally posted by lionsgate:
@ Lonestar. Friday's trade was for that day only. I do not position trade generally.

Really? A day trade looking for over 200% of the current average daily range. Yeah, it was NFP but still...

You know what, never mind, I know better than to get into these type discussions.


Just because you've made up your mind about something doesn't mean you should stop listening.

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#8 Feb. 5, 2012 20:53:00

marcusvox2
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The Week of 5/2.

quote:
Originally posted by Lonestar:
You know what, never mind, I know better than to get into these type discussions.

Amen to that brother! [Cool]


“That man must be an intellectual; no ordinary person could be that stupid.” Orwell

"Sometimes I wonder whether the world is run by smart people who are putting us on or by imbeciles who really mean it." Twain

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#9 Feb. 5, 2012 21:02:00

lionsgate
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The Week of 5/2.

@ Lonestar

I was a broker for a Japanese trading company. I learned candlestick trading. It is based upon the formation of the open, high, low close price. If I have a sell signal I will sell ON THE OPEN. If I have a buy I will BUY on the open. I don't have a crystal ball. But I will say this. I will provide an entry point and a stop loss. You know the risk. If it tickles your fancy, then by all means Go For It. Otherwise, stay out. There's nothing wrong with that.

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#10 Feb. 5, 2012 21:57:00

Lonestar
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The Week of 5/2.

quote:
Originally posted by Marrcus:
quote:
Originally posted by Lonestar:
You know what, never mind, I know better than to get into these type discussions.

Amen to that brother! [Cool]
 -

Hope all is well Marrcus.


Just because you've made up your mind about something doesn't mean you should stop listening.

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