I said that I would try to to do a blog post explaining sniffing dogs if I had time tonight. So this is that post. Keeping it simple as everything is pretty much explained on the chart. Below I included the tweets that originated this.
- TraderSmarts Feb. 02 at 12:38 PM #
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Ticker: 6E_F EURUSD
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- TraderSmarts Feb. 02 at 12:37 PM #
- Target of holding over 1.3948 is 1.4006. Will post charts explaining the sniffin dogs trade tonight if have time $6E_F $EURUSD
Ticker: 6E_F EURUSD
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- TraderSmarts Feb. 02 at 12:36 PM #
- Sorry couldn't tweet it dealing with something for fund but reversed to long at 1.3952. $6E_F $EURUSD
Ticker: 6E_F EURUSD
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- TraderSmarts Feb. 02 at 11:31 AM #
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Ticker: 6E_F EURUSD
3 comments:
Hi this was a nice trade. I have to admit though I've had to read and reread your explanation a few times to understand the idea. But anyway well done.
Tim
wwww.eminifuturesblog.com
Update on how the trade ended:
TraderSmarts Feb. 03 at 10:29 AM # Flat at target when I was fast asleep! RT @TraderSmarts: $6E_F $EURUSD Trade explained here http://bit.ly/a6Z28L with 1.4006 target
Ticker: 6E_F EURUSD
TraderSmarts Feb. 03 at 2:36 AM # $EURUSD RT @TraderSmarts: Scale $6E_F at 1.3985. Took forever and a day but..
Ticker: 6E_F EURUSD
I always called this the barbed wire pattern (as in stay out) so this is a cool way to play it.
Well done!
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