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Green_David replied Aug 6, 2008Hi, FTI: It seems you wrote some foul language? Couldn't understand it, a slang? Is USD bull running the last wave(wave 5)? Would E/U test support zone 5400~5300? Would G/u test support zone 9350~9450? Would U/J meet 110 resistance? I know "no ...
Technical Analysis Fallacy
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Green_David replied Aug 6, 2008So why didn't you just close bad E/U positions and reverse like FTI. Difficult? Yes. But you could forget E/U after closed, and started trading U/CHF. Then you will make money.
Technical Analysis Fallacy
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Green_David replied Aug 6, 2008Hi, Lusan: I agree with FTI, that kind of "hedging" is not a right path to trading. It makes things more complicated. If you feel a position will face unwanted risk, just close it. By openning positions of two highly corretated two pairs with ...
Technical Analysis Fallacy
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Green_David replied Aug 5, 2008Need to take a rest. See you fti and other guys.
Technical Analysis Fallacy
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Green_David replied Aug 5, 2008thanks, interesting. But the old man said, "That's football guys."
Technical Analysis Fallacy
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Green_David replied Aug 5, 2008I was USD bias since G/U broke 2.0, E/U broke 1.6 again in July. And from that time I never longed these two pairs. That is a scout of yesterday, today I found out it dropped over NY session. And then... Traders make mistakes because of many ...
Technical Analysis Fallacy
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Green_David replied Aug 5, 2008It will be very volitile. I will be fine, thanks. .
Technical Analysis Fallacy
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Green_David replied Aug 5, 2008Hi, fti: An axiom that, "always keep positions in profit, and cut the positions in loss". But I did the opposite, this morning I close short E/U position @5534, but kept long G/U scout position. Unfortunately, the long E/U scout was stuck. And then ...
Technical Analysis Fallacy
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Green_David replied Aug 5, 2008Thanks for reminding. Today is a bad day. I think, after so many experiences, I have done again something newbies will do.
Technical Analysis Fallacy
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Green_David replied Aug 4, 2008Glad you are doing good in your way. E/U, G/U is still downward trend. In fact, USD is bullish with all the other currency.
Leighsww Journal
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Green_David replied Aug 4, 2008"In whose hands the deer will die, it is not known yet."
Technical Analysis Fallacy
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Green_David replied Aug 4, 2008OK. I will see. But when I feel sleepy, I will go to sleep. Today's loss would be OK. I have tommorrow, or if I find a good opportunity, make a killing, all the things back. Long hours battle really sucks! Made me lose patience, alert, nimbleness.
Technical Analysis Fallacy
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Green_David replied Aug 4, 2008No, FTI: Today, I did a lot of lousy trades. G/U should have given me more than 100 pips, but I closed the most with 20 pips , and scout half way! Today, I became a stupid sitting duck stop loss @5605 because chasing the market after 8:30 news. Size ...
Technical Analysis Fallacy
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Green_David replied Aug 4, 2008Closed all profitable G/U positions and L1 E/U attack with 10 pips. After the news 8:30, another E/U attack, cut loss @5605. Booked-in small loss. Only one scout of E/U still in the market. I saw something wrong when E/U went up 5576, but no courage ...
Technical Analysis Fallacy
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Green_David replied Aug 4, 2008Now, it is your happy hours. The fat lady started singing.
Technical Analysis Fallacy
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Green_David replied Aug 4, 2008Funny thing: 1H chart is forming a round top? Don't know. Need to confirm.
Technical Analysis Fallacy
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Green_David replied Aug 4, 2008Yes. I am back. My E/U positions now in the money.
Technical Analysis Fallacy