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altrader replied Jul 24, 2009good stuff man...I also am green for the week
I seemed to have missed my limit sell order trigger at 4259 but ohh well...EURUSD
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altrader replied Jul 24, 2009Awesome, that's a nice 40pips profit for you
I'm doing good--still hanging in there 
EURUSD
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altrader replied Jul 24, 2009Time will tell, but as you know, it isn't really about being right all the time. It's about getting in at a time where you think it could go your way and setting up risk management in case it doesn't
I hope it goes my way, but if it doesn't--ohh ...EURUSD
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altrader replied Jul 24, 2009I work on time based cycle analysis and pivot points. The system I'm working on is very different to standard technical analysis. Trend following is very powerful as you rightly point out....and yeah, I could be wrong but this method I've been ...
EURUSD
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altrader replied Jul 24, 2009I'm getting ready for doing some selling. I have a limit sell at 4259 Stop Loss= 4300 take profit = 4192 If it doesn't reach this level, then I'll obviously have to look at things again. The only thing that bothers me is the rather bullish close ...
EURUSD
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altrader replied Jul 21, 2009Very nice. But you do appear to be risking quite a lot to me. I mean, what if the EUR/USD trade had gone against you? Then you would be about 5-7% in the red?...If that is the case, that is far too much to lose on just one trade in my opinion. I ...
EURUSD
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altrader replied Jul 21, 2009after taking a small profit from yesterday's trade I have now reversed my position to long. I think that if we were going back down we would have been there by now. Long Entry=4225 Take Profit=4348 Stop Loss=4142
EURUSD
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altrader replied Jul 20, 2009Im working on a time cycle type system. I'm currently short. entry = 4234 stoploss = 4283 take profit = 4160 It does take pivot points into accout ofcourse

EURUSD
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altrader replied Jul 1, 2009You have to read this book! — I can not describe how good this book is. I'm only half way through it but man, it is absolutely BRILLIANT. It's a Must read for sure!!!!!!!!! edit: This is probably the best thing I've ever read about trading! It ...
CTA e-book on Trading Psychology
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altrader replied Jul 1, 2009The thing I liked most about Acumen was how much he emphasized pivot points and psyche levels. Also, I really value the advice about the big banks and major scalpers using the 15min charts. Especially the pivot points though. I never thought much ...
Trading for a Living - Cliff Notes
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altrader replied Jul 1, 2009why gap? — Is MT4 showing a gap like in the image below on your charts? I find this strange. I see no gap on Oanda


EURUSD
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altrader replied Jul 1, 2009I want to get good at trading so that I work at night on forex and during the day I have free to do volunteer/community work like you say. I live in Australia so the London session is like from 5pm to 2am Aussie time.
Trading for a Living - Cliff Notes
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altrader replied Jun 29, 2009ahh ok, so I'm over compensating here and still off the mark. Thanks for the response, I appreciate it.
Technical Analysis Fallacy
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altrader replied Jun 29, 2009The Penny is finally starting to drop — Hi FTI. I am starting to understand your first post now. It has taken me a year of trading to get to this stage. What do you think about using 'reverse' technical analysis? That is, picking spots where ...
Technical Analysis Fallacy
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altrader replied May 6, 2009nice resistance on the 15min chart — Some nice resistance at around about the 3330 level on the 15min chart. Interesting. I took a few scalps on the way up which was good.
EURUSD