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shadeslay replied Jun 12, 2007That was a good one, she gives some good techniques to keep those negative emotions and bad trading patterns in check. I actually have a page of notes from that one.

Surviving a Trading Blowup
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shadeslay replied Jun 10, 2007Not what I meant, you have the trend line on the macd on an unfinished peak. That peak still has more to move most likely. If you look at the chart Trader V posted a few posts above for aud/cad, it shows divergence, two finished peaks on the macd ...
james16 Chart Thread
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shadeslay replied Jun 10, 2007Ah here's the rub though, at the time the person puts the money in do they feel it was worth the money spent when they felt they might profit from the venture? It's only when you add in the loss sustained the a person is likely to feel they didn't ...
Is trading Forex immoral??
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shadeslay replied Jun 10, 2007That's not quite divergence in the manor I would look for a reversal. You need two finished peaks or dips to line up, preferable three. Generally when I see divergence I don't really think reversal as much as a slowing trend, often the macd is just ...
james16 Chart Thread
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shadeslay replied Jun 10, 2007Here's where a program that reverses buy with sell and sell with buy would be great.
All kidding aside, read up on price action, the james16 thread is a good start. It's ok to use indicators, but try not to base your entry or exit off them, ...save my soul
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shadeslay replied Jun 8, 2007The same could be said about any business though, you profit off someone. The only difference is with most other businesses you are providing them with a service for a profit. Perhaps the service in forex is more of an emotional service, helping ...
Is trading Forex immoral??
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shadeslay replied Jun 8, 2007Aye generally I avoid what brokers say, although I have to admit GFT's advice lately has been spot on with my own observations. Which kind of baffles me, maybe I'm losing it.

FXCM Dailyfx commentary as contrarian Indicator??
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shadeslay replied Jun 7, 2007Nice spot, mucho thanks, just waiting for retrace of the pin to finish.
Aussie Pairs
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shadeslay replied Jun 7, 2007Area offers some great support 2 previous highs, 3 weeks of congestion, daily s3, weekly s2, 261 fib from previous move up and a trend line on my chart. Loading up on my longs.

Daily GBP/JPY analysis
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shadeslay replied Jun 7, 2007Gone gone long, let her fly to the moon. tight stop below last low, in case the asian sessions react poorly.

Daily GBP/JPY analysis
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shadeslay replied Jun 7, 2007bleh the one day I had to go do other things and all hell breaks loose.

Daily GBP/JPY analysis
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shadeslay replied Jun 7, 2007Sounds like a solid plan, might not get the full 50% just hasn't been moving like it used too. But there is news later which could spur into moving a bit better.
Daily GBP/JPY analysis
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shadeslay replied Jun 7, 2007Haven't done a projection for g/j, but I have u/j coming up to the 121.50-80 range, figure u/j moves a little less then 2/3 of what g/j is currently moving. So maybe ruff guess of 242.50-243, any more then that is just a plus. A side note, ...
Daily GBP/JPY analysis
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shadeslay replied Jun 6, 2007Ya I normally play off the 1h to 4h charts so I'm trading more for the day. That being said the 4h is showing signs of turning now as well.
Daily GBP/JPY analysis
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shadeslay replied Jun 6, 2007shaping up but it's struggling, waiting for confirmation on the 30min-1h chart. Entering on a more conservative approach if confirmed, waiting for it to make a higher low, then possibly buy into g/j.
Daily GBP/JPY analysis
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shadeslay replied Jun 6, 2007Cation is always good strategy, might miss out on a few pips here or there, but it pays off in the long run.
Daily GBP/JPY analysis
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shadeslay replied Jun 6, 2007u/j could be turning taking a bounce off the long term up trend line and the 5/24 low. Should bring the others with it, looking for a close above the down trend line and previous high for confirmation.
Daily GBP/JPY analysis
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shadeslay replied Jun 6, 2007Stumbled on this site, not good with fundamentals yet so most of it looks like mumbo jumbo to me, but it goes over all that. url Also theres bank of newzeland url
NZD - rate statement - help
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shadeslay replied Jun 6, 2007Not sure why, maybe they don't consider it a valid rumor. I can't find any of the major news sources saying a hike is expected either, could be they forecast more off fundamentals then rumors.
NZD - rate statement - help