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TradeWell replied Oct 14, 2008try a little bit — I'm in with ya for the ride...just a small position...we can either cheer or cry together!
EURUSD
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TradeWell replied Oct 14, 2008no fear — Being fairly new to forex, I am still training myself not to be afraid, nor have any emotion in my trades. It's HARD!...but making progress...
EURUSD
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TradeWell replied Oct 10, 2008Like Warren Buffet said (or something similar): when people are greedy, be scared, and when people are scared, be greedy Hey the Great Depression was way worse and we made it through that. Calm and confidence will help us all through this. Besides, ...
EURUSD
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TradeWell replied Oct 10, 2008triple bottom? — Is that a confirmed triple-bottom on the 15 min?
EURUSD
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TradeWell replied Oct 10, 2008Asia — Thanks for the reply. I am aware of the best times to trade (tho I am not interested in becoming a creature of the night; West coast US) and already catch most of that. But if I want to add the Asia sessions, do I approach them ...
EURUSD
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TradeWell replied Oct 10, 2008trading ASIA — Good Morning (at least it is here) I have been trading a couple of months, EUR/USD only. I trade London afternoons through the NY close. I have tried trading Sydney/Tokyo but it seems to be a different type of trading session. I ...
EURUSD
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TradeWell replied Oct 9, 2008It's not Trichet, it's the mandate. The basis of ECB rate policy is purely inflation monitoring, whereas the US Fed mandate is to maintain growth consistent with low inflation. Until that policy changes, he is stuck in a corner. The only reason they ...
EURUSD
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TradeWell replied Oct 9, 2008My observation of late is that in this volatile market, trailing stops are all too often violated, so I am not using them for now.
EURUSD
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TradeWell replied Oct 8, 2008waiting... — image image Ya I'm waiting for indicators to tell me what to do. image image image image image image image image
EURUSD
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TradeWell replied Oct 8, 2008Pending Home Sales — US Pending Home Sales m/m coming up in 10 minutes
EURUSD
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TradeWell replied Oct 7, 2008scale out — Another tip I got from ak4x is to "scale out" you position. In other words, take profit on half your position, set your stop loss in the profit zone, THEN let it run.
EURUSD
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TradeWell replied Oct 7, 2008Do you mean 200 pip stop loss? If so, what is your upside goal? If 200 is your upside goal, you need to establish a risk/reward ratio to determine your stop-loss.
EURUSD
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TradeWell replied Oct 7, 2008Stop loss is key — I would also learn the lesson to place an appropriate stop loss every time.
EURUSD