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Old 08-02-2007, 05:26 PM
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dpaterso dpaterso is online now
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Hello again.

You know what - I'm starting to think that I am making a fool of myself here.

I mean - out of sheer boredom - waiting for the NYSE to close - I was flipping through some forex charts - and I noticed this on quite a few of them:

This daily thing that I'm banging on about is starting to NOT make sense even to me.

I mean - I just looked at the thirty minute chart of GBP/CAD for example - and compared it to the daily chart. Had you based your entry on Parabolic SAR you would have entered on 12 July at around 2.1236 (long) and today you would have been stopped out at 2.1439 - that's 203 PIP's since 12 July. But - if you entered YESTERDAY morning also based on Parabolic SAR BUT on the thirty minute chart - you would have entered at 2.1675 (short) and you would have been stopped out at around 2.1475 and - give or take one or two 'hiccups' along the way - that's 200 PIP's in TWO days.

Maybe I'm wrong here - with this daily thing. Sorry people - I don't know at this time!

Regards,

Dale.

Last edited by dpaterso; 08-02-2007 at 05:32 PM.
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