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Old 28-11-2003, 06:49   #201
James
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Unhappy Courage

He looks like a guy the new axe massacre movie...

Possibly what euro bears without stops will be enduring

Good luck - you'll need it
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Old 28-11-2003, 07:24   #202
markash
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Maybe not. If I trade my stop is say 100 pips away then I have given myself enough opportunity to be wrong very little to be right. But if I take a longer term view on it have the discipline to take the loss when the market has made it clear that I am wrong then maybe just maybe I have a chance.

Losses are instant but gains are forged.
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Old 28-11-2003, 07:31   #203
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Cool F enough!

But you may be hanging in there with white knuckles for while the loss may be considerable when/if it comes...

Euro is not even overbought yet

As for me...buying on dips (if we get any decent chances) until 1.2130/50 seen then reversing with tight stop for small dip back to 1.2040 buying again for 1.2350 reversing again here....

This is in an ideal world of course but "ideality" is seldom found

Good luck once again!
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Old 28-11-2003, 08:34   #204
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Re: Courage

Quote:
Originally posted by James
He looks like a guy the new axe massacre movie...

Possibly what euro bears without stops will be enduring



LOL good one James.

C'mon markash use stops - they can be your best friends.
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Old 28-11-2003, 09:05   #205
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My little south trade got stopped out for a two pip loss. To me these euro charts are saying north I do not see the resistance at 120 that people talk about. I see targets at the 123 level higher frankly.
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Old 28-11-2003, 09:09   #206
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Exclamation No Stops

That should read:

SOLD EURUSD 1.1956 NO STOP/WHEN NO CAPITAL LEFT
SOLD AUDUSD 0.7250 NO STOP/WHEN NO CAPITAL LEFT
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Show me the money!!!
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Old 28-11-2003, 09:10   #207
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Eur/Usd......................

Sell Eur/Usd.......1.1870.......1.1935 stopped out...reversed.
Buy Eur/Usd.......1.1935.......Stop @ 1.1870.......breakeven

Target 1.2025

Eur/Usd has hit 1.20....11/28>7:11. See 1.2025/50 as Exit with reverse for South 1.1950/00. New Territory...reversals will be quick.

James: Go buy that Don Williams CD............
Markash: Currencia's If<>Then Strategy is more profitable than
Non Stop placements. Go with the Flow.

Iris
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Old 28-11-2003, 09:47   #208
markash
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csaunders.....

Correct

currencia.....

Isn't everyone buying

Iris.....

Has the fundamentals changed for the view to change


<---------------------->

Thanks everyone for your comments I am not attacking your comments just asking the other questions. Sure no stops are dangerous but if it difficult to pick the correct price to go into a trade then it should be equally difficult picking the exit point.

Anyway best trades to you.

>------------------------<
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