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mongolian replied Apr 30, 2011I don't use Metatrader - so I am not that familiar with it. I imagine that it has some sort of drawing function in it - that's how I use mine - just pick the line function and place it wherever I want. The color you pick is up to you - red was the ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 30, 2011Thanks for the positive comments. I like tick charts because it takes time out of the equation. The bars only form when the ticks have filled it. Is there a huge difference between using them versus a timed bar, candlestick, whatever - probably not. ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 30, 2011Thank you! Appreciate the encouragement.
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 30, 2011Make Money Everyday — Why can't we make money everyday? I don't hold trades overnight, I keep the unexpected at a minimum... as long as I don't get crazy with leverage and I don't quit trading if I take losses to start the day, then yes, i can ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 30, 2011Good question. On that one, # 20, I did happen to wait for the retrace to come back. If I was in at beginning,.I would have been stopped out, you are correct. Lucky that time which I'll take
. However I also would have entered again and gotten the ...Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 29, 2011You got it my friend!
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 29, 2011That is Really Cool! Thanks!
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 29, 2011Answers — No Stupid questions. What would be stupid is trying something without understanding and risking your capital, your inventory on something that you 'hoped' would work. ASK if you are unclear. Unless I'm trapped under something heavy ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 28, 2011Excellent! Let me know how you do.
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 28, 2011EST — EST is the same as NY. I have tried to figure out the GMT before but I always would end up missing things because I would have the time wrong. So I quit trying and just went with what I knew. Don't know if that helps.
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 28, 2011Today's Stuff — Sharing charts from today. Pretty good day today, no major surprises which is a plus. Hope everyone had success! Just got back from Little League practice. I'm beat. Mongolian
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 27, 2011Charts for 4/27 & Excel File — Attached are the graph for todays price action and 4 charts. I would have 6 to put up, and if I need to I will, but I think 4 is a pretty good representation. Pretty great day. Hope everyone else had success ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 27, 2011SL & Batting Average — EUR/USD has in my humble opinion, really taken off the past 4 or 5 months. Not saying that because of the fall of the dollar, but just the quality of the moment. It really respects the whole number, quarter #, etc. ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 26, 2011Tuesdays Graph for EUR/USD — Thanks Bruce. Attached is the excel graph for today Tuesday starting @ 5pm EST Monday night, plus 2 charts through 7:30ish AM EST. Obviously I do not trade 24 hours a day, but I do graph out how the day looks as I ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 26, 2011Thanks for the questions. I primarily enter on the pull backs, but not exclusively. I have, like most of us I would imagine, made my share of bonehead trades. Going back and reviewing my body of work - I can point to usually one of two things when i ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Apr 26, 2011Here is another chart. The thing that has worked for me is really narrowing in on what I'm looking for exactly, putting myself in a position to attain that and then not worrying about anything else, like was it unprofitable, did it keep moving and I ...
Make Money Everyday - A Guide to Short-Term Trading
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Make Money Everyday - A Guide to Short-Term Trading
Started Apr 26, 2011|Trading Journals|1,486 replies
Goal: Make Money Everyday. How: Capture as many moves as possible each day. Framework: ...
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mongolian replied Oct 24, 2010They say Money Never Sleeps.... — Price action does not stop on the weekend. Your broker may cease activity Friday afternoon, but price doesn't sleep. That's why it 'appears' to gap up or down when we are able to start trading at the beginning ...
Market Open Price Action Jump