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paul1 replied Aug 11, 2010Not normally trading at this time was surprised at the volatility?
Technical Analysis Fallacy
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paul1 replied Aug 11, 2010Hello mate in my opinion a lot fail simply because they make something thats simple,complicated. this is what attracted me to this method. You probably wouldn't beleive how much research and reading i've done. Candles to look for, patterns to look ...
Technical Analysis Fallacy
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paul1 replied Aug 11, 2010what other songs can price play ? Apart from "up" or "down" Assuming the club you mention is currency pairs. Please give examples of the songs you look for other than to two mentioned.
Technical Analysis Fallacy
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paul1 replied Aug 11, 2010Lol just thought, All the clubs play same 2 songs "up" and "down" Be silly keep changing club?
Technical Analysis Fallacy
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paul1 replied Aug 11, 2010It only plays 2 songs so no need for new club. just decide which song best for profit taking. doesnt really matter just that one will be more profit an easier than other. Thanks for reply tho.
Technical Analysis Fallacy
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paul1 replied Aug 11, 2010Hello,Its making lower highs an lower lows so am short till that change. anyone agree?
EURUSD
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paul1 replied Aug 11, 2010eur/usd awkward for me now been bullish but not sure now 3 days down. may have peaked.?
Technical Analysis Fallacy
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paul1 replied Aug 9, 2010Hello atomic sheep i think i used to do same as you with analysing, but once i've decided from daily/hourly timeframe which way the trend is, thats the analysis done . Your a long player or short based on your analysis. So throw small scout in when ...
Technical Analysis Fallacy
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paul1 replied Aug 9, 2010The way i look at stops now is like throwing money on floor.Your stops in obvious places would be hard to resist for any participants large enough to move market. I realise they dont target individuals they target large quantities of traders all ...
Technical Analysis Fallacy
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paul1 replied Aug 9, 2010No indianguyinny I no longer do these things just trying to show others examples of what i used to do before i took on this method. Maybe some viewers still are ,and still don't realise why good trades are turning to loosers. most brokers and ...
Technical Analysis Fallacy
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paul1 replied Aug 9, 2010Another thing i used to do was to use my stop loss as a guage of risk/reward.got lots of trades were i was taken out then price went were i thought without me lol. Everyone one say risk reward at least 2:1. So i think i can get 20 pips i put stop 10 ...
Technical Analysis Fallacy
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paul1 replied Aug 9, 2010Hello james, Generally what i found interesting about the post was that.Us as clients of our brokers place say a long position thus the broker as market maker takes the opposite trade.He's forced to be in a short position all the way on the ...
Technical Analysis Fallacy
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paul1 replied Aug 7, 2010thankyou — Thanyou very much for your detailed reply Fti. I based my method a lot on your early post,page 4,post 59. About market structure and brokers, Had to read that over and over before i undertood. Gave me the idea of stick with one ...
Technical Analysis Fallacy
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paul1 replied Aug 6, 2010Thanks fti I appreciates your responses.But whilst you may be making perfect sense and explaining yourself clearly to others. This is how my brain interprets your answers. " Your not doing it right, watch these asian/classical music videos all will ...
Technical Analysis Fallacy
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paul1 replied Aug 6, 2010Thankyou, My strategy is to go with the major trend. Hence looking for opportunities to enter long. As the 5 minute timeframe is showing price moving against the major trend and i am looking for entry long. Iam not saying blindly enter at 50% just ...
Technical Analysis Fallacy
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paul1 replied Aug 6, 2010Ahh so take him out, and wait to enter new scout. The reason i was thinking of new entry around 50% is that during this uptrend once its established top generally there has been at least 30%-50% retrace sometimes nearly 100% before continuation up. ...
Technical Analysis Fallacy
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paul1 replied Aug 6, 2010Thanks for reply so you think best to leave scout in to determine direction and add to position as price starts to move back up?
Technical Analysis Fallacy
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paul1 replied Aug 6, 2010took scouts out looks like descent retrace and london close soon. see what happens around 50% retrace.
Technical Analysis Fallacy
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paul1 replied Aug 6, 2010got 2 scouts eur/usd small move back up. Dont know is this continuation of upmove or retrace on the move down? What do you mean by hot battles? Its just done 160 pip move. I put scout in see if it continue or reverse. Should I have done something ...
Technical Analysis Fallacy