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mparker replied Mar 26, 2009Mp --- News Trading Is A Game — For me and the ones who have learned the process, when dealing with the US market, watch for what direction the price is moving BEFORE THE NEWS, including the night before, and then understand that if the FINAL ...
how about news trading, can it work?
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mparker replied Mar 25, 2009SO THAT TRO can copy it and deliver yet another indicator ? will this one be free or will one have to "donate" ? mp
Here is my Forex Trading Method
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mparker replied Mar 24, 2009HEY SNALE youre posting the same thing on all these threads --- got anything NEW to say, or are you a record stuck in a grove ? mp
Failure to Click
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mparker replied Mar 24, 2009you really consider that an answer ? well, if it works for you ! mp
Question about S&R
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mparker replied Mar 24, 2009Greenspan wanted to buy a house, so he lowered all the rates to something he could afford and the rest is history ! mp
How did the housing market crisis start?
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mparker replied Mar 24, 2009while "usable" as a trade, usually the amount you will get is not worth the effort as you enter and exit at the same place --- something sounds very wrong as you should exit BEFORE the price reaches your entry point. mp
RSI Rollercoaster
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mparker replied Mar 24, 2009considered a good strategy, assuming you already had a decent stop loss in place, is to place a "buy stop" at the point you exited, thus AUTOMATICALLY getting back into the trade at the same price you exited and in the correct direction this time ! ...
The StopLoss...
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mparker replied Mar 24, 2009obviously, the trophy wife is not on your list of needed accoutrements --- while many go for the money, most will take it and run if youre just a beer swigging, non-talking cro-magnun. so after the money attracts the honey, its the champagne, ...
College Major for an FX Trader?
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mparker replied Mar 23, 2009Mp -- Even More Than That ! — If you code well, you can probably have the darn thing speak in a sultry voice, prepare your meals when you come home from work to gather all your pips into the basket she wove for you, and do a number of ...
Robots
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mparker replied Mar 23, 2009Would bet a significant amount of money on the fact I could change your opinion --- NOT for newbs of course, but definitely for those who know how to trade. wander over to a decent institution of financial earnings and ask if they have a stop loss ...
The StopLoss...
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mparker replied Mar 23, 2009VERY CORRECT --- wait till you see the OTHER rib the McGiver sisters are my companions thru spaceship earth, and they make the trip beyond wonderful ! mp
Failure to Click
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mparker replied Mar 23, 2009in todays market, with the hordes of equity and commodity people who have "found" forex, the intraday candle ranges are MUCH bigger than when the books you have read were written, and so your sl MUST be larger also. your sl will depend completely on ...
The StopLoss...
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mparker replied Mar 23, 2009there are a number of rather excellent one minute trading "methods" that actually work, with the one i choose being a combination of lrc, semaphores and prevelant s+r. In actuality i can take an average of 3 trades (more if things are really ...
Questions about Live trading!
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mparker replied Mar 23, 2009trading w/o stoplosses is for the VERY experienced --- I WILL NEVER advise a newb to do that, only offering it up as WHAT i do ! gl mp
Failure to Click
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mparker replied Mar 23, 2009Since so many equity and futures traders have hit forex like the barbarian hordes, the candle RANGES have increased tremendously --- what this means, in simple language, is that the OLD ideas of where to place stops is no longer valid. as an aside, ...
Failure to Click
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mparker replied Mar 22, 2009very well is an expression that, in a weak manner, means "probably" it is used when one does not wish to commit to an absolute statement, such as "the market WILLl take out the lows"
what does this word mean?
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mparker replied Mar 22, 2009simply that the price will breakdown through the lows mp
what does this word mean?
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mparker replied Mar 22, 2009Mp -- Unacustomed As I Am To Predictions — 87.06 is smiling like a cheshire cat, but we must expect a retrace after 85.96 before we aim for that mountain --- like a week, give or take a day or so ! enjoy and trade well mp
Plotting Trendlines + Support Resistance
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mparker replied Mar 22, 2009MP -- a nice simple system — the use of the 5 and 12 is a very well used system, for any timeframe (even though you use the 10) and works acceptably well, including your instructions for waiting for ALL timeframes to line up, which is the BEST ...
Here is my Forex Trading Method