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- acumen replied Sep 8, 2008
You are correct... — I was sure we would see some upward movement this week. Glad I didn't trade "what I know" It's so important to trade what you see versus what you believe. Price dictates everything... the rest is bunk.
EURUSD
- acumen replied Sep 8, 2008
The best article on MM. — I think 3% is high. I like 1%. Simple example. Let's say your account has $1000.00. 1% of $1000.00 is $10. Your system has a 30 PIP stop. Each PIP would be worth 33 cents. (10/30) Don't get MM confused with ...
EURUSD
- acumen replied Sep 8, 2008
A win is a win... — You are correct. It's a win. I used to beat myself up for exiting early. I don't anymore. You never win until the trades closed.
EURUSD
- acumen replied Sep 8, 2008
That's the theory... — Meaning... if Oil moves south the dollar moves north. Meaning... this pair will fall if oil falls. m
EURUSD
- acumen replied Sep 8, 2008
I use metatrader... — If you aren't using metatrader download it. I use Alpari. url The indicator I use is above under getting started. Mike
EURUSD
- acumen replied Sep 8, 2008
Yeah... — My feelings exactly. The 100 thing is a huge psych level. m
EURUSD
- acumen replied Sep 8, 2008
Pivots on the EURO Session... — Let's take a look at the Pivots during the EURO session. Price moves to S2 before the EURO session begins. That's flag number one. 80% of the time price will retrace any Sunday gap. (Flag 2) Price makes a second ...
EURUSD
- acumen replied Sep 8, 2008
At 200/b we are in serious trouble... — The Saudis have said they won't let it go below 80/b. I believe them. Right now - they are in control.
EURUSD
- acumen replied Sep 8, 2008
Thoughts on 100 this week or a bounce... — 100 or a bounce. You follow oil closely. m
EURUSD
- acumen replied Sep 8, 2008
I'm only going off what some quants analysis.. — My opinion is really based on several oil analysts and quants that have been highly accurate over the last few years. But surely I'll give you my opinion. 100/90 seems more than likely near ...
EURUSD
- acumen replied Sep 8, 2008
I'd like to take credit but it's not my system... — Either way. Are you having a hard time with anything in particular? I'll post the EURO session moves. Mike
EURUSD
- acumen replied Sep 8, 2008
Ahh... as always... — Someone's paying attention. Sorry - I guess I meant Obama.
EURUSD