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Poker and Trading Hazards
Started Jul 29, 2009|Trading Discussion|5 repliesIt has scientifically been estimated that it takes 10 000 hours (4 years, 8 hours a day) to ...
- fxfact replied Sep 11, 2008
Another question — If profit target is hit within 30 minutes on a 1 Hr signal but price moves back to trade entry point, can the trade be repeated? What is the feeling?
"The Pip Nailer". Any time frame, any pair
- fxfact replied Sep 10, 2008
Research needed — Question: After a signal appears, how many bars should you wait before giving up and exiting the trade (if profit target/stop loss is not reached) for a small/medium loss or small/medium profit? I.e. I assume after 30 bars, ...
"The Pip Nailer". Any time frame, any pair
- fxfact replied Jun 24, 2008
Trading longterm using 4Hr — Basically 4 step process after an awareness of a possible LT move: 1) Enter according to 4 HR MACD system (SL at about 35 pips?, TP at about 45 pips? as according to 4Hr system). 2) If your TP point is reached, ...
4 Hour Strategy (MACD)
- fxfact replied Jun 6, 2008
G/U — It would be a trade with the rhythm and it looks very good. Except for the support that exist round 1.9516 The support stems from 3 weeks ago and 4 months ago.
4 Hour Strategy (MACD)
- fxfact replied Jun 4, 2008
Support for EURUSD — I see a support level at 1.5428 I you go long countertrend, then I suggest your SL be at 1.5391
4 Hour Strategy (MACD)
- fxfact replied May 30, 2008
My view of current trends — 1) GBPUSD- still up, but messy. Short term in some downward channel. 2) EURUSD- possibly down, not confirmed yet 3) USDJPY - looks up, if it touches 21 or close to 21 and then moves up, you can say up. 4) USDCAD - ...
4 Hour Strategy (MACD)
- fxfact replied May 23, 2008
USDCAD — Rhythm for USDCAD is also bearish, looks like there is a good chance for a TC signal to appear in next hour on the 4hr chart. Risk is low, 20 pips? Take profit after 34 pips? Support starts at 0.9820, but is quite deep to about ...
4 Hour Strategy (MACD)
- fxfact replied May 22, 2008
Rhythm and possible TC's — Looks like EURUSD shows bullish rhythm now but there is a large resistance zone starting around 1.5833 level. GDPUSD also shows bullish rhythm with big support around 1.9516. concern is if the top channel line has ...
4 Hour Strategy (MACD)
- fxfact replied Jan 28, 2008
Fundamental analysis (i rate change) updated — Hello I don't know if anybody finds the following interesting and if it is actually usuable in this thread or anywhere else. But I will post it anyway and then people can look at it themselves ...
4 Hour Strategy (MACD)
- fxfact replied Jan 25, 2008
GBPUSD-fundamental analysis — Hello I would be very careful going short (GBPUSD) for the next month. There is a 100% probability currently that the FED will lower the interest rate by 50 bps in a weeks time after the emergency rate change. The ...
4 Hour Strategy (MACD)
- fxfact replied Dec 7, 2007
Poker analogy to trading — The following is only for those who understand poker (Texas hold’em). The purpose is to give an appreciation of how difficult trading actually is. Trading when viewed from a poker perspective: 1) Your opponents are ...
4 Hour Strategy (MACD)
- fxfact replied Jun 9, 2007
A theory on profit taking — EURUSD as example Let’s say we take a short entry at A. Basically price is between channel lines going down, at the top of the channel. For this discussion I am only focusing at profit taking targets. Step 1 of ...
4 Hour Strategy (MACD)
- fxfact replied May 30, 2007
Sub forum — I follow this current format of the thread just fine and I am happy with the format. Can someone explain the advantages and disadvantages of a sub-forum? My only concern with a change from the current thread is that the new format ...
4 Hour Strategy (MACD)
- Posts by Trader Search: 'fxfact'