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- ScottH replied Oct 5, 2006
I really need to catch up on fundamentals, so thanks for the start!
Hottest Economic Reports for 2006
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EUR/AUD
Started Oct 2, 2006|Trading Discussion|5 repliesLooks like it's getting ready for a big move down? Recently formed a double top, and pretty ...
- ScottH replied Oct 2, 2006
Long long term I'll have to say definately bearish. I'd look to short around 1.1230 - 1.1250 with a stop a little above 1.13.
Lets talk USDCAD
- ScottH replied Sep 30, 2006
Thank you for your insight, you obviously know what you're talking about, and have the years to back it up, I've got another 40 years to catch up
. I WILL be successful though, no matter what it takes, nor how long it takes.EURUSD
- ScottH replied Sep 30, 2006
I've read a bit by mr Nisson, and from what I can see, he knows his stuff. If you want I can send you something to print out, its about 5 pages, sort of a quick refference to candlestick patterns, really helpful in learning to identify them in ...
Self evaluation
- ScottH replied Sep 30, 2006
We seem to be in exact opposite boats. I am totally technically oriented and don't pay much attention to fundamentals, something I'd really like to expand on as I feel it would greatly improve my trading, I just don't really know where to start, it ...
EURUSD
- ScottH replied Sep 30, 2006
I also think it can make it up to 2755, two points of major confluence, 61.8 fib and a major s/r line.
EURUSD
- ScottH replied Sep 30, 2006
I think what he means by listening, is having an unbiased view of whichever pair. You may want and think the eur/usd (for example) is heading up, however the market shows lower highs, and lower lows, and many people simply cannot accept being wrong. ...
Self evaluation
- ScottH replied Sep 30, 2006
MrGreen: I am finding that candlesticks and volume (volatility) may help traders like us. Perhaps we are aiming just a bit too high. Once volume (difference between high/low, close/open, since you can't really know "volume" in forex, this is what I ...
Self evaluation
- ScottH replied Sep 30, 2006
sometimes the more indicators you use to try to compliment eachother end up crowding everything and becoming a lot more complicated than it has to, just my opinion

Just tell me if these T/A's compliment eachother
- ScottH replied Sep 30, 2006
Well then, we make a good team Warren, as my thoughts are purely on the technical aspect of the pair

EURUSD
- ScottH replied Sep 30, 2006
Difficult to say, it broke the neckline of a head and shoulders at ~2670, but was rejected ~2640, and went back above the neckline @ ~2670, so it may head up, however a strong move downwards past 2650 may be a good signal it is going down for a bit.
EURUSD
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Self evaluation
Started Sep 30, 2006|Trading Discussion|8 repliesI haven't seen something like this around here, so I thought we could give this a try. Post ...
- ScottH replied Sep 28, 2006
The question is, is it feasable to turn a small sum such as $1,000 and be able to add and compound it in a reasonable amount of time (5 - 10 years) into enough to live off of.
A Trading Experiment
- ScottH replied Sep 28, 2006
Guys, of course you obviously NEED money to start, I think his question is really a matter of "can I grow a thousand dollars into enough to live off, or do you need 50-100k to start to be successful at all.
A Trading Experiment
- ScottH replied Sep 28, 2006
I love simplicity. trendlines/support/resistance, a few fibs, and channels/breakouts are all anyone really needs. I do however like a couple indicators which are used for divergence, but that's about it.
Why are we afraid of simplicity?
- ScottH replied Sep 28, 2006
got in a little over 1.9, so almost 300 pips. lower 1.86 does look like a lot of support, so i'd take off half my position there, and maybe put a stop at 1.865 or so, in case it does decide to head down a bit more.
GBP/USD
- ScottH replied Sep 28, 2006
Head and shoulders on the 4H, if it crosses below ~1.2665 I think that may be a good level to short, perhaps a bit below to see if the neckline will become resistance.
EURUSD