#41 (permalink)  
Old 11-12-2008, 11:42 PM
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SEE GREEN CANDLE.

SEE GREEN CANDLE AT 0.6375

GO LONG.

SEE PROFIT.

DO YOU SEE A PATTERN?
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Old 11-13-2008, 12:20 AM
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SEE GREEN CANDLE.

SEE GREEN CANDLE AT 0.6400

GO LONG.

SEE PROFIT.

YOU DO NOT NEED INDICATORS!!
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Old 11-13-2008, 12:53 AM
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Price is UP since Tokyo and Sydney markets opened.
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Old 11-13-2008, 12:57 AM
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Using GRAY BARS allows you to SEE where support/resistance levels are based on the highs/lows.
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Old 11-13-2008, 01:14 AM
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Rules Of Thumb


Remember, This Is Scalping, Do Not Be Greedy!!


Always Trade With H1 Candle Color


Trading With D1 Candle Color Safer Than Trading Against


Only Enter Reversal Trades On Bar 4 Or More Of A Run


Only Enter Break Trades On Bar 2 Of A Run When Price Is At
The Highest High Or Lowest Low Of The Previous 3 Bars


Always Check The News Every Hour Before Trading
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Old 11-13-2008, 02:15 AM
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You might want to say, "I went long at 0.6425 because the H1 candle was green and lost".

But if you really look, the LONG ENTRY was back at 0.6375 when price reversed... green H1 candle after 2 red H1 candles.

You have to use a little common sense when trading. PRICE is NOT going to continue in one direction forever. If price has already moved 50 pips or more in the direction you want to trade BEFORE you enter, you may have missed the boat.
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Old 11-13-2008, 03:29 AM
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SEE GREEN CANDLE.

SEE GREEN CANDLE AT 0.6425

GO LONG.

SEE PROFIT.
ogie45 likes this.
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Old 11-13-2008, 04:45 AM
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SEE RED CANDLE.

SEE RED CANDLE AT 0.6400

GO SHORT.

SEE PROFIT.
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Old 11-13-2008, 05:55 AM
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SEE GREEN CANDLE.

SEE GREEN CANDLE AT 0.6400

GO LONG.

SEE PROFIT.

ARE YOU STARTING TO SEE HOW THIS WORKS?
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Old 11-13-2008, 06:13 AM
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SEE GREEN CANDLE.

SEE GREEN CANDLE AT 0.6425

GO LONG.

SEE PROFIT.

OK, I think I have proved my point.

Any questions?
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