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geoffrod replied Mar 20, 2009Respectfully lance, i am not quite sure what exactely you are asking, are you asking how i decided where to draw the lines, ??? I am thinking you are trying to get me to see a light bulb come on, but i am a little confused, sorry
Strat's Long Term Stress Free Trading
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geoffrod replied Mar 20, 2009Lance, purely looking back in time to find area's of congestion which indicates to me this is the area where the currency is taking a breather and loading up with passengers then when it leave the area it is either going north or south, as the ...
Strat's Long Term Stress Free Trading
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geoffrod replied Mar 20, 2009i was just trying to look at a chart to see the stations, so thought i would post a couple of charts. this is what i found cheers geoff
Strat's Long Term Stress Free Trading
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geoffrod replied Mar 19, 2009cheers fugly, i understand and see your point.
The DIBS Method... No Free Lunch continues
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geoffrod replied Mar 19, 2009As i percieved it at the time yes sir! i know it wasn't a long term trade, i was only in the trade a couple of days, but i didn't have any misconceptions that what i thought, was the way the market had to go, i didn't want to mary my trade or my ...
Strat's Long Term Stress Free Trading
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geoffrod replied Mar 19, 2009yep I read that part by Peter no confusion there its very clear
most folks here have the maybe, 'maybe' thats what the confusion is about. I too know its maybe but I was hoping for an answer from Peter, thats why I asked. I had asked Jaroo (I ...The DIBS Method... No Free Lunch continues
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geoffrod replied Mar 19, 2009I crack up everytime i see your name NuckingFuts, see i did just then lol cheers geoff
The DIBS Method... No Free Lunch continues
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geoffrod replied Mar 19, 2009absolutely agree, just control your risk, and be comfortable with it. CHEERS geoff
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geoffrod replied Mar 19, 2009Hey fugly, love the name!!!! i think this question has been asked numerous times before, and i wouldn't be certain that peter will answer, although i hope he does, but my understanding is that peter takes the dibs trades when they occur in the first ...
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geoffrod replied Mar 19, 2009Well i just exited my demo trade on this as the chart i used to take the trade signaled a hammer that closed above the level i mentioned before. I happy to have seen a trade and taken it, and also to have exited with what i see as a price action ...
Strat's Long Term Stress Free Trading
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geoffrod replied Mar 19, 2009to be fair strat i think it was aminas this time mate.
Strat's Long Term Stress Free Trading
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geoffrod replied Mar 19, 2009no problem at all pal, i am by no means an expert in this. i just see this as a simple setup and not withstanding the visual indication you get from looking at a trade that runs, the information that peter has offered previously and now this new ...
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geoffrod replied Mar 19, 2009Hey takenthepip, i hear you on the struggle to let the trade run,but when you think about even this trade that peter has pointed out to us, even if you where risking 0.5% of your equity in the trade, to date at the highest point your equity has ...
The DIBS Method... No Free Lunch continues
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geoffrod replied Mar 19, 2009hi Strat, thanks for the encouragment, it makes learning this stuff that little bit easier in a positive enviroment. I wonder if you might like to elaborate on your statement above, re the accuracy of drawing the s/r lines. cheers Geoff
Strat's Long Term Stress Free Trading
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geoffrod replied Mar 19, 2009Hi Peter, What a welcome surprise to see your post, thankyou for taking the time to let us know about nathan, I continue to trade dibs becasue of there simplicity and the potential for great profit when in the right trade, those dibs taken that ...
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geoffrod replied Mar 18, 2009"really thought I had found The Holy Grail (This isn't it, but I know what is)" Strat, i have seen you type this several times on your thread, everytime i see it i just want to ask you "what is it" but then i say to myself, dont ask that, you will ...
Strat's Long Term Stress Free Trading
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geoffrod replied Mar 18, 2009never ceases to amaze me — how powerful these level of s/r can be and are amazing the charts attached are the aud/usd, now it may go higher yet, but it just amazes me how these levels continue to work, round numbers!!!!! cheers Geoff
Strat's Long Term Stress Free Trading
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geoffrod replied Mar 18, 2009My humblest appologies strat. wont happen again cheers geoff
Strat's Long Term Stress Free Trading
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geoffrod replied Mar 18, 2009well so far so good, nice sharp down move, 1.2400 is looking like a likely place for this to take a breath, time will tell, i am up over $8000 on demo, and a couple of bucks on a micro live account, so i am happy at the moment, things could change ...
Strat's Long Term Stress Free Trading
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geoffrod replied Mar 18, 2009was that like 10 hours ago??? nice trade, up to 11:1 reward to risk, there the ones that do it. cheers geoff
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