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 Forex Version XVI, Foreign Exchange Market Discussion

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Homosapien
post Sep 24 2015, 11:25 PM

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QUOTE(Helius @ Sep 24 2015, 11:12 PM)
NZDCAD too sharp.... All indicators shown severely overbought.... Jz short and go to sleep, tomorrow wake up can see money edi... smile.gif
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down 10 pips in 5 min, good
Homosapien
post Sep 25 2015, 09:38 PM

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UJ is going down now...
Homosapien
post Sep 25 2015, 09:43 PM

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anyone can guide me?
for NzdUsd at H1 TF, the price hit the upper level of bollinger band (overbought) and stochastic oscillator hit 80%, should we long or short?
i am still learning, appreciate if someone can guide me.
Homosapien
post Sep 25 2015, 10:17 PM

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QUOTE(wayfeel @ Sep 25 2015, 09:52 PM)
imho, given top bb and stoch ob, should be sell d.

edit, the challenge is to figure which is the peak as to minimize retracement/floating. Even stoch 9x% still might climbing...but ultimately, is short la. just my 2cent
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thank you for your guide, Wayfeel
Homosapien
post Sep 25 2015, 10:20 PM

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QUOTE(Alex9182 @ Sep 25 2015, 09:59 PM)
N/U Daily is up trend within ranges (see below capture).
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thank you Alex, if see D1 TF, is that mean once entry will hold longer or wait till hit TP?
Homosapien
post Sep 25 2015, 10:44 PM

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QUOTE(13aby @ Sep 25 2015, 10:25 PM)
Ya lo close all trade and enjoy the weekend...
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is it a common practice for u all close all the trade friday? Not keep to nex week?
Homosapien
post Sep 25 2015, 10:46 PM

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QUOTE(Alex9182 @ Sep 25 2015, 10:29 PM)
I mean, Daily is conflict with Hourly, maybe not a good sell yet,

it would be a better sell if the technical indicator u mention is happening at the upper area of the range where i draw a line there.
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understand, tech indicator not the same for different TF, i also confuse which 1 to see sometime, i always check H4 and D1 then H1 when wan to buy or sell

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