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traderathome replied Oct 9, 20082 pip spread, always, at FXDD....except maybe when the central banks screw around at moments of important news releases....which I never trade anyway.
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traderathome replied Oct 9, 2008One does not need to advertise their SL to their broker to have good money management. Personally, I believe anyone who DOES advertise their SL to their broker is increasing the odds AGAINST themselves. As for how many lots do I trade......sometimes ...
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traderathome replied Oct 9, 2008I do not like to automate my entries, nor my SLs. I do it "hands on". Your broker is your enemy. Your enemy is looking for any way to take your money and put it in HIS pocket. To automate entries and SLs is like dressing in all red and then stepping ...
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traderathome replied Oct 9, 2008It continues to range between 1.3582 and 1.3599, so considering a long at 1.3600 with a SL at 1.3580 risks little (20 pips) and if it runs then the reward is open ended......1.3700? ....1.3800?.......1.3900?......1.4000?....... On the other hand, a ...
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traderathome replied Oct 9, 2008Gee, that was a lot of ......? Gibberish????? If you want to say something, professor, why not say it in laymans language so your audience will actually understand and appreciate your expertise. Providing some price points would help for ...
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traderathome replied Oct 9, 2008And why not a long at 1.3600 with a SL at 1.3580...? Beginning the new session, the price was slammed down to 1.3581, 3 pips below the low of yesterdays session. This may signal that as a true bottom, and the rest is upside. So a SL at 1.3580 is ...
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traderathome replied Oct 9, 2008Long or Short? — The larger the timeframe, the more compelling are the technicals. That is indisputable. Looking at the Daily chart, the down trend is indisputable. Having said that, each leg in a down trend is subject to a pullback....a pull ...
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traderathome replied Oct 9, 2008This is like watching paint dry. So, for amusement I will surmise...... The big players are casually taking their time taking on long positions for a run up to 1.3800. By being leisurely about this, they are not "bumping up" the price with their ...
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traderathome replied Oct 9, 2008I agree with you 100%. As I am often reminded, news and releases are SOMETIMES a reason for the price to change, but more often they are just AN EXCUSE to change the price! ......the big money players want to make their dough daily, no matter what. ...
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traderathome replied Oct 9, 2008We are now about 50 pips above that recent low. The previous three 15 minute timeframes all logged in well over a 33% increase in relative volume. It sure looks like the upturn towards 1.3800 has started.......
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traderathome replied Oct 9, 20081.3800 is only 220 pips from LOD. The 14 day average range is 245. Today's range is only 205 so far. Conclusion: 1.3800 may be target for a massive run up which the traders are posturing for right now by keeping the price low as they load up ...
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traderathome replied Oct 9, 2008At this writing we are about 150 pips below HOD and about 50 pips above LOD. There is no knowing if the big players will push this down to LOD, but if they do my guess it is because they want a full 200 pip rally up without having to exceed today's ...
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traderathome replied Oct 9, 2008Bollinger Breakout — It is understandable that some here focus on short side trading, while others see long side opportunities. And while not the norm, these last few days have offered good trading either way. One thing to keep in mind is that ...
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traderathome replied Oct 9, 2008The sessions Tuesday, Wednesday, and so far today have offered many 50 -100 pip runs, both up and down. Clearly the longer term trend is down...even the Montly chart has already capitulated into a down trend. But intra-session moves have been ...
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traderathome replied Oct 9, 2008If you zoom WAY out, it takes on the formation of a linear regression channel upwards. It started Monday. Tuesday the 89 sma turned up. And the price action Tuesday, Wednesday, and so far today has been on the high side of it. And as the US session ...
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traderathome replied Oct 9, 2008Question for Users of MetaTrader4.... — Is there any way to "turn off" the feature that places your orders and your positions on the charts? Sometimes these lines interfere with showing a clear chart when trying to illustrate something, and it ...
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traderathome replied Oct 9, 2008Why? Why not trade each of the runs? I napped and missed some of it.
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traderathome replied Oct 9, 2008Session PIP Trivia.... — When the Asian session traders went to work, they drove it down, then up hard, then returned the price to the starting line....for a combined total of about 242 pips. When the Euro session traders went to work, not to ...
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