- Search Metals Mine
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60minuteman replied Jul 24, 2014lots of theory and no proof... the research on TA has already been done. And another thing, I dont need to develop any TA tools as trading intraday requires no TA.
Is random really random?
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60minuteman replied Jul 23, 2014makes an interesting point though - future price has nothing to do with what happened before and everything to do with what is happening right now.... where does that leave technical analysis?
Is random really random?
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60minuteman replied Jul 23, 2014ay last weeks low too, with a monthly engulf long... nice trade
H4 Power
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60minuteman replied Jul 23, 2014you make an excellent point Hype. Most traders trade technically, that requires many choices, humans suck at choices and end up with a 50% win rate (about the same if they used a coin toss funnily enough), they also made a bad choice of RR, usually ...
TEB: Random Entry - Coin Toss Great with R.R.R.
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60minuteman replied Jul 22, 2014maybe time to stop entering never mind stop loss
Trading Without a StopLoss
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60minuteman replied Jul 22, 2014there really are only 2 options. 1.Trade for big RR, this technique ensures we profit because the few winners pay for all our small losses and some profit 2. use wide stops or no stops, have very high win percent but take a few large losses. The ...
H4 Power
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60minuteman replied Jul 22, 2014Hi Sonia, it really is down to your own personal preference. If I could only take trades in 1 direction then I would select the pairs with clear weekly trends and trade them only in that direction... but you really can make anything work, so make ...
H4 Power
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60minuteman replied Jul 22, 2014they roast their nuts, might regret it mate

Trading Without a StopLoss
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60minuteman replied Jul 22, 2014that's an uneducated post, there are many position and swing traders, very successful too, that don't require a stop loss to trade. Just because some traders are unable to close out a losing trade is more an example of a trader that needs to learn ...
Trading Without a StopLoss
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60minuteman replied Jul 21, 2014M15 just pushed on through the levels so no short.. looks like that h4 was the push short, will need to go higher again now
H4 Power
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60minuteman replied Jul 21, 2014nice... last week's close on weekly TF makes me think price needs to go down to the lower monthly level marked here NU Monthly image
H4 Power
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60minuteman replied Jul 21, 2014yes but just watch that weekly, it will at least try and push short - edit: looks like h4 has turned, time to get on this retrace? image
H4 Power
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60minuteman replied Jul 21, 2014weekly GJ is saying short... but it looks weak no? image and for now H4 is shouting long... how about a long on H4 to the next daily line, then see how h4 closes?? image here's a little cluster of daily SR levels that would make good targets to ...
H4 Power
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60minuteman replied Jul 21, 2014EJ weekly, looking for a short at the line wouldn't be crazy (p.s the line below is the next monthly... might get a snap up there) image
H4 Power
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60minuteman replied Jul 21, 2014GU weekly... the trend is clearly long, but that chart is telling you we will make a move short this week, you could take a trade short and look for the level the long may continue.. image
H4 Power
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60minuteman replied Jul 21, 2014bloody good job, I always do London open in my jim jam's
Trading Without a StopLoss
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60minuteman replied Jul 19, 2014indeed, I have seen test results where random entries become profitable when the SL is placed outside the noise.... it is important that there is a distinction between lower and higher TF's. it's fairly subtle but research suggests it is true
Do you believe this market is random?
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60minuteman replied Jul 19, 2014I'm glad the debate stayed friendly even though there are some different opinions...


After all the hours I have put into trading the greatest lesson I have learned is that there are no rules. We can not say that a particular ...Do you believe this market is random?
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60minuteman replied Jul 18, 2014'Academics cannot conclusively prove or agree on whether the markets truly operates via a random walk or based on predictable trends because there are published studies that support both sides of the issue'. This has been the case for nearly 50 ...
Do you believe this market is random?