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Money Duck replied May 31, 2006If anyone contacts FXDD on this, let us know what the results are.
GBP/JPY - 1M Chart of FX DirectDealerToday!!
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Money Duck replied May 30, 2006The best thing to do is just stay away from brokers where using a trailing stop is reliant to whether you are connected with their platform or not.
Possible alternative to non-server based trailing stops
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Money Duck replied May 30, 2006Use both. Don't rely on just one or the other.
pivot points or fibs?
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Money Duck replied May 26, 2006Your right there. If you are swing or position trading you will have to have your stops placed out far enough to allow for those BIG moves against you.
Scalping techniques on 1 Min chart
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Money Duck replied May 21, 2006You are right there. Low of A moves to a higher high (B) then will retrace to a fib level (C) and your Fib target would be (D) which would be a Fib target level. As far as it breaking a lower fib level and the trend being over....it may not......you ...
Fibonacci Extentions For Profit Taking Targets In FX
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Money Duck replied May 18, 2006It really depends on how much time you have to trade. The market moves up and down, so if you can watch it trading a shorter timeframe is no problem. If you can not watch it and set your stops off a short timeframe you will likely get stopped out. ...
Ask..Entry,StopLoss, TargetProfit and Trend
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Money Duck replied May 16, 2006I think most don't want to reply, because it does not matter how much any of us has made. It will not make you a better trader by seeing the numbers. You can't spend anyone elses money..
pls share your journey
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Money Duck replied May 16, 2006Use your longer term charts to find the overall trends. That will give you a general direction. You can trade against the trend on reversals, but it is not recommended for newbies. When you do that, you have to be prepared to get out of the trade or ...
Ask..Entry,StopLoss, TargetProfit and Trend
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Money Duck replied Mar 12, 2006Pipsta, You mind if I grab a beer from the fridge?
Majors Thread: EUR, USD, GBP, JPY
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Money Duck replied Mar 12, 2006Exactly.....doesn't really matter what system you use. Key is to focus on pips per day or trades per day...........however you look at it. Do it successfully once per day or focus on PIPS per day.....then build from there. I have seen too many ...
Forexers: Your Monthly Profit Booms!
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Money Duck replied Mar 10, 2006May be able to go Fri and Sat..1 hour away. Isn't there an expo in June in Orlando also.
Forex Trading Expo Casebook (merged threads)
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Money Duck replied Mar 10, 2006I think the best thing for beginners to do is just try to shoot for a pip target. Don't focus on the $$$$ you are gaining. After all the game is to capture pips each day, week or month. Write down a PIP Target for the day, week or month. Learn how ...
Forexers: Your Monthly Profit Booms!
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Money Duck replied Feb 6, 2006All I know is that last night before I went to bed I shorted the GBP. Woke up this morning and it had move 90 pips. So I moved my stop and doubled my lots.....added to or whatever you want to call it and it moved another 60 pips and I got out this ...
Doubling up method or playing casino
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Money Duck replied Feb 4, 2006If you are going long with 10 units, that is 10 lots. Whatever you want to call it units or lots, you would double up, only if you see it is going to continue to be a good move. And definitely move your stop up first, locking in the profits you have ...
Doubling up method or playing casino
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Money Duck replied Feb 4, 2006You don't have to have a lot of money to double up. It is a principle that can be applied with whatever size wallet you are working with. 1. You get into a trade and wait until you are into a PROFIT situation. 2. You move your STOP up to lock in ...
Doubling up method or playing casino
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Money Duck replied Feb 4, 2006One monitor is labeled as your default monitor. I have made the other 3 monitors as part of my DESKTOP. As far as charting, it depends on what you are using. My charting software does not allow me to transport charts outside of the charting ...
Show your workstation!
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Money Duck replied Feb 3, 2006Yeah, it will retrace back to 1.2101 and your order will not be executed. LOL.......just kidding. Kind of bored today.
any brokers out there offer conditional orders?
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Money Duck replied Feb 3, 2006I have my charting software blown up through all 4 monitors. They are set up 2 wide and 2 high. Enables me to look at 4 full size charts. Normally watching 4 pairs at a time. Allows you to view 4 continually without switching back and forth. Lets ...
Show your workstation!
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Money Duck replied Feb 3, 2006Your fist mistake was to try to compare trading forex to a Casino Game. Not a good comparison. I DOUBLE UP on trades. I place a trade and it is up let's say a couple of hundred dollars and the move still looks strong. I will wait until the point ...
Doubling up method or playing casino