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Thread: Traver's trading journal

  1. #41
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    box - einstein 250x250
    Go long following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.3078, 103050 or 1.3000.

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  3. #42
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    Long entry after bullish price action on the H1 time frame following the next touch of 0.9647.

  4. #43
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    The RBA cut its Cash Rate today from 1.75% to a new record low of 1.50%. The move was widely expected but still led to a drop in the AUD when it was announced along with the RBA Rate Statement. However the statement itself, while stating the need for an eased monetary policy, also was fairly bullish on continuing economic growth, and that helped this pair bounce back after its initial drop to the support at around 0.7500.

  5. #44
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    The USD/CHF seems to be quite a good place for scalpers and our next step on this market should be a short-term selling. Join me.


  6. #45
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    The AUD/USD is going up at the moment and we can feel free to be on the bullish side today on this market.


  7. #46
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    The GBP/USD seems to be right in the point of the pivot and I'm preparing to open a long-term sell here today. Who's with me?


  8. #47
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    The 1.24 level above and of course the 1.25 level above cause quite a bit of resistance.

  9. #48
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    The first exhaustive candle I see I am willing to sell, and with that being the case I think it’s only a matter time before reach down to the 1.20 level, and then perhaps even lower than that. At this point in time though, it does look like the British pound is trying to stabilize a bit, and I do think that the worst of the selling is done. However, when you look at this market it seems as if it is trying to grind lower, and then should offer plenty of selling opportunities on short-term charts.

  10. #49
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    However, I don’t have a sell signal quite yet and I would like to see some type of exhaustive candle in order to start going short again.

  11. #50
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    dynamo - First and lasp post every thread AXITrader aff
    Ultimately, the market should continue to go even lower and perhaps make a fresh, new low, but at this point in time it’s difficult to imagine that the move will be easy.

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