nubcaek, This is what my mentor told me, who by the way uses MA to make his millions. He started like you, not believing in anything and taking the most complex methods you can imagine to trade. Everything from fundamentals to technicals to price ...

Why exactly do EMA crossover systems not work?

you forget that MA were derived by your so called basis of reality. If you trace all the way back to the history of moving averages, you will know that it is grounded in heavy maths and sound logical theory. Your argument that we fail to take notice ...

Why exactly do EMA crossover systems not work?

yes. indeed. everything needs a secret sauce. I can teach price action to 10 different people, and 10 different people will get vastly differing results. The secret sauce here is psychology and money management. But, as to whether moving averages ...

Why exactly do EMA crossover systems not work?

let me try to jump into the fire here. What do you tell a layman who has never learnt physics about the gravity? The layman knows that if he throws something up, it comes down due to gravity. He knows nothing else. He knows certain things fall ...

Why exactly do EMA crossover systems not work?

ok... 4120 is back in sight. we might just get there...

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looks like bears are winning for now. need this to close below 4180 for a real chance to go lower.

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hey that's a nice peice aldi. lol. on the other hand, doesn't look like it wants to go down. looks like the shorts are doomed...

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we got a worse than expected result... lets see when the bears will come in

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the only reason why its going up now is because people expect the results to be good. hence they are buying first. i won't be surprised if the data came out better than expected.

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range is not really the right word either. zoom out to 4 hour charts. zoom in to 1 hour charts. zoom in to 15 min charts. All say we could be either up or down. We are not in a range. We are undecided. and we need news to push us somewhere.

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the problem here is "the trend". apparently we could be in an up or downtrend at the moment. the jarring moves are because everyone is undecided. too undecided.

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stopped out at breakeven again... plz make up your mind mr markets...

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i agree. the feeling of being up 80 pips and getting stopped out the next day just don't feel nice at all.

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meh... another morning waking up to a stopped out market. at least its breakeven. tough times... tough times...

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is he trading futures? he should know better in futures that it is forex x9000. and holding positions like that on a sunday? that's what you get for trading the weekends. weekends are in the domains of warren buffet and george soros.

Video of someone losing $30k real money - You don't want this

hmnn one thing i learnt is to not ask so much questions. when something happens when you clearly know it shouldn't, react first, think and reason later. that may mean getting out of a losing trade or placing a new trade. but just for the sake of ...

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aa. i need to take a break. i've lost enough for this week. definitely one of the lousier weeks in my trading. _|_ grr

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i hope those bears are back now...

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wow... the markets have really not been kind to me. i've been wrong so many times for the past few days. fml

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fml...

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