- Search Metals Mine
- fxbroker replied Dec 10, 2007
I keeping the above strategy to sell from below 2.0210 to 2.0278 and then 2.0250/2.0239 keeping my stoploss at the interim at 2.0346. A break below 2.0278 I will shift stop loss to downward.
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 10, 2007
Today's chaos outlook = Bullish Current price action before initial condition is shown in the graph below Depending on the initial condition, I will be selling to lower edge of chaos First to 2.0278, and then 2.0250/2.0239 And I will plan to buy ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 9, 2007
Do you think the bucketshops might be wrong? I do not think so, if you look at the argument differently. The retail market is not referring to the interbank market. You and I are not part of the interbank market. This retail market is dominated by ...
Why are we afraid of simplicity?
- fxbroker replied Dec 8, 2007
Even when it is already discovered people don't have time to learn it. Even if they have time, they want it for free just like that as if it is inserting CCI or EA alerts on the chart. So you find that simple system that works are not popular or ...
Why are we afraid of simplicity?
- fxbroker replied Dec 7, 2007
What was wrong with my commentary??? I did not put what if initial condition changed to buy? because I was in a hurry to go out to meet my appointments. Now that upper edge is broken, if I will be around, I will watch that level critically before ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 7, 2007
Chaos — recast on yesterday. The bearish trend still continue but I have to closed now because I will not be around as I have appointments before London session opens. Suffered -50pips bring my gain to only 26pips yesterday. ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 6, 2007
Sorry - i was watching a programme on tv. Are you making conclusion or asking me a question that you want yes or no?
No, I do not use daily time frame, I did not say that anywhere in my posting. Also, I do not use indicators, otherwise I would've ...Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 6, 2007
This is because I use chaos technique that tells me the extent of it can go in a day. You are right it may also go up, but today the technique told me it was going down. See the first graph of the day. And that is why I am still on the trade. If you ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 6, 2007
That is fine, I guess everyone have different strategies of looking at the same thing. I do not want to get into the debate as this not the intention I started the thread. I am not referring to time frame to map out my chaos edges, and that is what ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 6, 2007
Demo is a good way to start. You need to have a relative long term view (24hrs is long-term for chaos theory) so that you do not trade inside fractal all the time instead of inside chaos and by so doing you avoid stop losses. Unless you want to be ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 6, 2007
that's great that you are now trading GBP/USD instead of stocks yes, I know, trend is changing like I said above but it still not the end of day. and it is just small money too. There should be downward movement from 2.0294 or I will exit above ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 6, 2007
market react differently to unemployment claims which fell below previous data, but fall short of forecast with about 3k. This is why I did not close the losing trade because overall, news today were mainly in favour of USD and my early morning ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 6, 2007
update — I am still hold on to sell: GBP cut interest rates (it should sell further) Eur did not cut interest rates (it should sell further) Chaos should continue to lower edge unless unemployment claims fall below Forecast: Previous = 352K ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 6, 2007
Outlook before interest rate news = bearish turned bullish chaos at initial conditions pending Rate cut news New Strategy before the news: Sell back from as close to 2.0308 back to 2.0216 before the news with Stop loss 2.0310. Entry should be as ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 6, 2007
Back from my appointment. News was in favour of buy but market gave me 50pips thus far, but there is interest rate issue coming up. There is strong sell fractal line running along 2.0308 price line. so I will banked 50pips, in view of the fact that ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 6, 2007
Pending buy order picked up stop loss below 2.0235. manage trade, nothing is clear this morning until after the news, unfortunately I will not be around to comment on that.
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 6, 2007
I have enter sell at 2.0220 with tight stoploss above 2.0245 it will need to clear 2.0210 for the sell to be valid
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Dec 6, 2007
6th Dec — General Outlook = Bearish. The graph below shows market actions before now and my intended plan of actions depending on initial condition at London opens. buy from 2.0242 /2.0308 to 2.0500 upper edge of chaos sell from 2.0308/2.0242 ...
Trading the Edge of Chaos -GBP/USD