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TradeWell replied Nov 6, 2008Unbelievable...
...obviously this person does not understand that they should develop their own system and consider input from anyone else to be helpful but not required or necessary.
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TradeWell replied Nov 6, 2008I have a method where I hybrid scalping and short term. Take your position and after an acceptable gain, close out 1/2 your lots, move stop to entry, then let it ride. Nothing to lose at that point.
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TradeWell replied Nov 6, 2008The elemental question is why is this pair even as high as it is? Didn't it once drop to around 80 cents? What economic conditions existed then and why did changes in conditions result in such a run-up? And why couldn't they go back the other way? ...
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TradeWell replied Nov 6, 2008Basic economics says the worst time to raise taxes is in an economic downturn. Looks like large purchases will be going to Nevada...

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TradeWell replied Nov 6, 2008According to.....? I understand a flag is "rectangular" and a pennant is "triangular" but either can be bullish or bearish.

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TradeWell replied Nov 6, 2008No offense taken.
I actually agree with you. I guess I was guilty of regurgitation. I know one example of a German trading friend who is the last person on the planet I expected to trade. He has no computer skills and hates desk work. But due ...EURUSD
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TradeWell replied Nov 6, 2008Are we in a classic acumen 20 bounce or am I missing something else?

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TradeWell replied Nov 6, 2008I think that since we all know that 90% of traders fail we assume the proportion is the same for all on this forum. However, I would argue (albeit with no evidence) that those who regularly visit this thread are a little more ahead of the curve and ...
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TradeWell replied Nov 6, 2008That's right. It's better to explain why a suggested position is being taken or being thought about rather than to just say it. True, many of us sometimes don't go to that extent, but we should. We all learn better that way.

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TradeWell replied Nov 6, 2008I would add "other at cross of the yellow MA, or upon entry into the cloud, whichever happens first". Just a suggestion based on my observation and reading about the cloud.

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TradeWell replied Nov 6, 2008And we are in a triangle right now, it's getting tighter, so I'm waiting for direction.
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TradeWell replied Nov 6, 2008Or else at least explain every time where the information is coming from and add a disclaimer.
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TradeWell replied Nov 6, 2008Good morning all. I was watching the 1 min yesterday for the THV system as well. It looks good, but sometimes there are too many head fakes. On the other hand there are more good opportunities than on longer TF's. Maybe you can figure it out a ...
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TradeWell replied Nov 5, 2008Underlying what he is saying is the key to understanding why there is volatility at the announcement - it's not the rate cut itself that matters so much as the statement that follows. Markets always looking ahead, which is why gagakrimba could be ...
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