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Old 04-02-2007, 01:05 PM   #1 (permalink)
ibiobiz
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Default Catch Trade In Progress.

Hi folks.

I just entered GBP/JPY at 232.31. The first indicator was of course my hunch and then I noticed a smaller bounce on the 12.00 candle around the EMA5 and the 13.00 candle started off with a small upward move. That’s a candlestick pattern I am looking for when I am catch trading.

That together with that there is still more room up to the daily trendline made me pull the trigger.



Follow The Trade Here
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Old 04-02-2007, 03:12 PM   #2 (permalink)
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Default Re: Catch Trade In Progress.

Woot. Thanks for sharing dude! It's a +30 for you now currently?
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Old 04-02-2007, 03:15 PM   #3 (permalink)
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Default Re: Catch Trade In Progress.

Many people like to trade gbp/jpy recently.
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Old 04-02-2007, 03:28 PM   #4 (permalink)
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Default Re: Catch Trade In Progress.

Quote:
Originally Posted by Jude View Post
Woot. Thanks for sharing dude! It's a +30 for you now currently?
I really want it to break the 233, it's knocking but no real break through, S/L is moved to lock in +20 pips and I will let it ride.
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Old 04-02-2007, 03:29 PM   #5 (permalink)
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Default Re: Catch Trade In Progress.

Quote:
Originally Posted by phildunn View Post
Many people like to trade gbp/jpy recently.
Hey Phil.

Now, from where do I recognize you? I am 100% sure our paths has crossed before.
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Old 04-02-2007, 03:47 PM   #6 (permalink)
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Default Re: Catch Trade In Progress.

S/L hit for +20 pips in the bank, o well, on to the next one.
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Old 04-02-2007, 06:43 PM   #7 (permalink)
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Default Re: Catch Trade In Progress.

Kool with a K not a C... lol

20 pips is still a win... don't knock it
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Old 04-02-2007, 08:51 PM   #8 (permalink)
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Default Re: Catch Trade In Progress.

Quote:
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Kool with a K not a C... lol

20 pips is still a win... don't knock it
LOL TTT, I am always (ck)ool. I look at +20 pips as a freebie trade next
time I enter a "catch".
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Old 04-02-2007, 09:09 PM   #9 (permalink)
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Default Re: Catch Trade In Progress.

Quote:
Originally Posted by ibiobiz View Post
LOL TTT, I am always (ck)ool. I look at +20 pips as a freebie trade next
time I enter a "catch".
I like the method you use to detect range breakouts. I think your really looking for more than an intraday range breakout.

Would you believe this morning a god damn truck rammed the back of my sports car. Lucky escape for me... lol Costly for the truck driver... another COOL... lol
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Old 04-02-2007, 09:32 PM   #10 (permalink)
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Default Re: Catch Trade In Progress.

Hi Bill,

Even though it's going to be costly for the truck driver, I'd still be pretty steamed! It's inconvient renting a car while yours gets fixed. Then again, if your sports car is declared totalled, you get to shop for a new one!

- Sharon

P.S. Glad to see you sticking around here.
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