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Money-RX replied Feb 10, 2008I look all the time frames but but keep coming back to the hourly or even less for good entries. A good example is the hourly on G/J from 209.50 to 208.65. Some nice trades bouncing up and down waiting for the big break. Any thoughts on which way ...
Peaks and Valleys (Trading Naked)
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Money-RX replied Feb 9, 2008My question is with all the different systems you have described in the past, how would you rate this system compared to those?
Peaks and Valleys (Trading Naked)
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Money-RX replied Feb 8, 2008Any books by Steve Nison are the best.
anyone know of good info on candlesticks??
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Money-RX replied Feb 6, 2008Sorry I offended you - I highly respect everyone's input on this thread. I was summing up my frustration trying to analyze and trade G/Y today. Will maintain spectator status.
Breeze....Update on GBP/JPY
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Money-RX replied Feb 6, 2008Read everything you can about money management and emotions first. Then open demo account random trading only on that knowledge. Don't apply the TA until you have mastered the psych first. It works!
best book on indicators
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Money-RX replied Feb 6, 2008This is easy...
Heads - go long Tails - go shortBreeze....Update on GBP/JPY
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Money-RX replied Feb 6, 2008Who knows but maybe with markets falling all over $$ are flowing toward the greenback.
Market Cobdition -EURUSD
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Money-RX replied Feb 5, 2008How many times have you seen a football player interviewed responding with old worn out cliches such as "We control our own destiny" or "We have to execute our game plan" blah blah blah - but so true. Nothing is easy. If you approach tasks in life ...
Why do 99% of the people who wants to be traders fail?
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Money-RX replied Feb 3, 2008Very true. And most will never know if they have the ability because they will not do whatever it takes to position themselves for potential success. It is no coincidence that less than 1% of the wealthy in the US pay over half of the tax revenue. A ...
Why do 99% of the people who wants to be traders fail?
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Money-RX replied Feb 3, 2008$5,200 into $581 in about 5 months. That was quite the incentive to get serious and take care of business - and it worked. Been successful ever since.
How To Turn 8K into $49.00 dollars in 4weeks!
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Money-RX replied Feb 3, 2008Most people fail in forex or most other self directed endeavors because of one primary flaw - lazy. Half hour on this website alone should give you an excellent reference point for the proper forex educational requirements. Unfortunately you're on ...
Why do 99% of the people who wants to be traders fail?
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Money-RX replied Feb 2, 2008Forget the fantasy about 10% a day - just being in positive territory daily is quite an accomplishment.
10% Profit Possible?
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Money-RX replied Feb 1, 2008yeah, nothing better than waking up to 100 pips. Biggest problem in trading is overtrading and revenge trading. Concentrate on managing and thinking thru each trade - less is usually better.
Is There A Way ?
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Money-RX replied Feb 1, 2008Thinking about shorting NZD/USD - any opinions?
Anyone trading before NFP ?
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Money-RX replied Jan 31, 2008I would be hesitant to short G/Y after over 200 drop in a few hours no matter what the TA signalled. Especially near the NY opening.
GBP/JPY Intraday Trading Buy/Sell Signals
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Money-RX replied Jan 28, 2008Yes, the rigged u tube debates were CNN - the most biased news organization on the planet. Hard to believe a country like Switzerland censors the news. Bloomberg reports better, but I agree CNBC is more enjoyable to watch.
POLL. Bloomberg or CNBC?
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Money-RX replied Jan 27, 2008Maybe I'm not smarter than a fifth grader but I would like to see some examples of Fox lying. Can't be much worse than some of those rigged debates.
POLL. Bloomberg or CNBC?
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Money-RX replied Jan 27, 2008Maybe we will see a nice runup & stall at 214 going into the London opening for more short action. Then again, maybe we won't.
Suidster's GBP/JPY Discussion
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Money-RX replied Jan 27, 2008Hopefully we will see trades posted in real time.
Suidster's GBP/JPY Discussion