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- FXTradeX6 replied May 10, 2016
It's totally possible, otherwise Banks wouldn't pay traders to trade for them. If you've never traded FX before, chances are you'll be paying for your inexperience in losses. Even the best traders on the planet have losing trades. They just know how ...
- FXTradeX6 replied Apr 6, 2016
The only way to limit or reduce drawdown is to pick precise entry points. I've been obsessed with this for 10 years and I've gotten very good at it.
- FXTradeX6 replied Jul 10, 2013
It works, however i wouldn't look to many public threads on the subject. 99.5% of them define a S/D zone totally wrong. So wrong in fact that they'd never even be considered by Sam as a trade opportunity. Use it correctly on higher time frames and ...
- FXTradeX6 replied Dec 3, 2012
Since Dodd-Frank and the issue of tax evasion has gained the spot light I think you're right. They won't be happy until they close the loop holes.
- FXTradeX6 replied Dec 3, 2012
I think realistically if you're following proper money management 10% seems a bit on the high side. The norm is probably less than half that for consistent traders.
- FXTradeX6 replied Sep 26, 2012
Look at a USD chart. The reaction thus far has been dollar strength.
- FXTradeX6 replied Sep 26, 2012
This may help. http://moslereconomics.com/2012/09/21/qe-follow-up/
- FXTradeX6 replied Sep 25, 2012
http://moslereconomics.com/2012/09/14/qe/
- FXTradeX6 replied Sep 25, 2012
Judging by this poll, at least 4 people watch too much TV.
- FXTradeX6 replied Sep 24, 2012
Central banks aren't setting the price of gasoline through inflation. That's another topic entirely. IMHO oil prices are highly manipulated. Again, off topic so i'll leave it alone.
- FXTradeX6 replied Sep 24, 2012
The gold standard pretty much leads to constant "crisis" and bank failures. A rising currency value isn't always a good thing either. Your exports become increasingly expensive for your trade partners to purchase. Eventually, they'll stop purchasing ...
- FXTradeX6 replied Sep 21, 2012
Think of it this way. All money, whether it's in the form of gold, dollars, or even sea shells, is just a means of transacting for goods and services. It all serves the same purpose. A means of exchanging one thing for another.
- FXTradeX6 replied Sep 21, 2012
Under precious metal backed currencies, currency is issued in relation to the amount of metals in holding. Precious metals are not an infinite resource. They can run out. The number of people in any particular country on the other hand keeps ...
- FXTradeX6 replied Sep 21, 2012
Well done. I was going to go on with a similar example, but didn't want to make my post so long nobody would have the patients to read the whole thing. lol
- FXTradeX6 replied Sep 21, 2012
Debt — Government debt isn't debt in it's true form. 1. The US Fed. Govt. is the "sole manufacturer of US Dollars" (St. Louis Fed) The government has no need to borrow money when the government is the only entity that can create the money you ...
- FXTradeX6 replied May 6, 2011
Good luck with that.
- FXTradeX6 replied May 6, 2011
The "best ea" is one you can not buy or afford, because they're under lock and key. Anything you find publicly is likely junk, or someone's "beta test".
- FXTradeX6 replied Dec 15, 2010
Retracement after entry is pretty common, which is why taking the right bars at the right places helps greatly in building trust in yourself that you've taken the right trade. I woke up to find todays eurusd pin (daily) retracing on me. I shrugged ...
- FXTradeX6 replied Oct 7, 2010
Before anybody gets offensed or takes this as slamming this thread, it isn't. I'm just a very no nonsense kind of person and like to see things clearly. All this talk is smoke and mirrors to somebody like me. I want to go straight to the heart of ...
- FXTradeX6 replied Oct 7, 2010
I really hope this dosen't go the way of DarkStar's postings, alot of discussion with a lack of solid examples (which is probably why he's writing a book now). In all honesty, I've seen this discussion several times in various threads and it always ...