- Search Energy EXCH
- 41 Results (1 Thread , 40 Replies )
- profitmaker replied May 6, 2009
One question! Why do you want to trade with offsetting positions? For example, I would like to have a real powerful reason for hedging. What is the real benefit for traders? A good trader will know that this will rise the cost of transactions. ...
- profitmaker replied Jan 16, 2009
Cheers mate!!! Have a great weekend!! Trade well and take care
- profitmaker replied Jan 16, 2009
Man!!! Thanks!! I really appreciate your help. You should be a teacher or are you? Anyway, do you have a blog or something?
- profitmaker replied Jan 16, 2009
I've been doing some research since you told me about round numbers and it's just about common sense. You will follow the simplest and avoid the complex. I think I like your idea
- profitmaker replied Jan 16, 2009
That's amazing!! Great info!!! I like your style I'll try it and see if it works for me
- profitmaker replied Jan 16, 2009
Common sense is the best tool to look at reality. Otherwise you will be lost in rules and abstraction. Common sense keeps you out of a complicated world.
- profitmaker replied Jan 16, 2009
But you're using imaginaries trendlines. I use to set trendlines in the daily timeframes and then use them to trade intraday. Have you used them? I think I'm not that patient to trade weekly or daily.
- profitmaker replied Jan 16, 2009
He must be really brave to do that. When trading intraday I think setting round numbers as targets means trading with wide limits and with higher risk. So I prefer an indicator to show me the best level to set my ST and TP.
- profitmaker replied Jan 16, 2009
You must balls to do that I trade intraday. Working with round number means working with a huge gap. So when you're trading intraday you don't set a target or you don't trade at all?
- profitmaker replied Jan 16, 2009
I'm just making the most of the downtrend I don't think it will go any further than 1.3190
- profitmaker replied Jan 16, 2009
Round numbers So you set your ST and TP in the same way?
- profitmaker replied Jan 16, 2009
I use MM. I must say I need more knowledge. The problem is that I get too excited when I see something good and I forget to check all the scenarios. What do you do to avoid that?
- profitmaker replied Jan 16, 2009
I think 1.3418 is more likely in the short term.
- profitmaker replied Jan 16, 2009
That happens to me very often. What should I do?
- profitmaker replied Jan 15, 2009
I think we can talk about 1.29 level next week. Right now, 1.31's are the good looking ones.
- profitmaker replied Jan 15, 2009
That's the best analysis you can get from that chart
- profitmaker replied Dec 15, 2008
A trend correction has occurred today as US consumption contracted for the fifth straight month in November, highlighting the extent of the recession in the US. EURUSD continues to go up and positive trend established itself. Bulls took over the ...
- profitmaker replied Dec 2, 2008
This is a great post. I identify myself with all that you are saying. That’s nice!
- profitmaker replied Nov 26, 2008
As the global economy weakens further, major economies all over the world are cutting interest rates and weakening their currencies to boost investment which it’s now leading investor to seek better opportunities and founded with JPY and helping to ...
- profitmaker replied Nov 21, 2008
Hey Jade! The only problem is that fundamentals and technical analysis have no sense these days. The Dollar advanced against a basket of major currencies, as investors reacted anxiously to the recession by removing their money from risky assets, ...