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Green_David replied Aug 1, 2008Attcak fininished means add-on open-position operations are done, i.e. I have added positions already. Closed means positions closed.
Technical Analysis Fallacy
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Green_David replied Aug 1, 2008Seems the 3 Kingdoms are messed up. A lot of JPY crosses tearing up.
Technical Analysis Fallacy
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Green_David replied Aug 1, 2008G/U scout and L1 attack finished, see 9780.
Technical Analysis Fallacy
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Green_David replied Aug 1, 2008Thanks. It is very hard to explain to you my MO over forum in detail. But your advice of no positions before the MAJOR news, is good, I will take it. Yes, I agree to keep victory is more difficult. David BTW, Who is the fat lady?
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008You are right, so the timing is very important and no over-stay in the market. And, second rescue is initiated after the first rescue has profits. If the second one fail, and the price behavior is not good, I close all rescues. And my trading ...
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008Hi, FTI: Seems Paulson didn't say anything significant to forex market. Your advice is taken. My account was like today's E/U, roller-coaster style. This month is OK, steable. I have only maximum 2.6 years of part-time trading forex experiences(I ...
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008Thanks. No offence at all. It is true that weakness sign could be a small pullback. It means the price met some resistance. There must be a top right? And there must be an operateable pullback to rescue after 100 pips increase normally. Why I closed ...
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008Hi, FTI. I saw a similiar comment as yours.
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008Thanks for your "report". Now I know why there was no rebound during the fall from the top 5700(EU) 9920(GU). If I knew this news, maybe I would hold my rescue positions, maybe today will be much better.
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008OK. FTI, please see the chart. Maybe it is a reference for all the friends. Did I trade against the impulse? Would you give me my job back
then? If my positions exposed into news, as long as the size is so small that even 100 pips didn't hurt my ...Technical Analysis Fallacy
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Green_David replied Jul 31, 2008Thanks, beside FTI, market tought me a lot also, but of couse, with expensive tuition fees.
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008No. You misunderstand me. I did rescues around 5680, 5660 closed @5640, I was expecting E/U could touch 5660~5680, so I could rescue again. That is why I said that. I used to have disterous trades because the size was out of control and blind hope. ...
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008No. Fti, I never trade against impulse. I have learned this one year ago. I will wait untill it slows down, lost tempo and showed weakness, and U-turn already on 5M chart, then I will begin true rescues.
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008I understand. It is absolutely right from risk point of view. I am still an un-experienced and sometimes emotional trader. 1. After news anouncement, the price movement will be unpredictable, which will cause me emotional. 2. I keep some positions ...
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008Come back USD bears! And deep into my territory, I will cut your heads again! Now no loss at all!
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008See the big GU drop? G/U is like this, if you are familiar with this girl's temper and dancing, rescue could be very easy. Why no a big increase again so to give me another chance to rescue? Come on...
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008Yes. I reduce G/U positions with +pips before figs. I never close all before the figs to prevent emotional urge to be a pig. But the size is small, 100 more pips against me, it's still quite OK.
Technical Analysis Fallacy
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Green_David replied Jul 31, 2008Hi, FTI. Money gone while eating. So do you agree that the bears are not that strong?
Technical Analysis Fallacy