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GnarlyPips replied Jan 15, 2013Friendly bump.
I don't see how this thread isn't in my bookmarks. I know I've gone through your threads before. Kudos for the Art of War references.My Observations of the Forex Market
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GnarlyPips replied Jan 15, 2013url Go all the way back that you can. Then, from there, I can see the DXY going up to 100. Maybe even 140! But that'll take decades.
Aussie Trading Room and Cartoons Gallery
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GnarlyPips replied Jan 15, 2013I believe that if price makes a new high, it will make a few more new highs; or that if price doesn't make a new high, it will retest the low. Use the 1H and 15M for reference.
Aussie Trading Room and Cartoons Gallery
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GnarlyPips replied Jan 15, 2013In blackjack, I can't control anything. In poker, I can force my opponent to fold. Therefor, it's under my influence. Now, if you want to say that trading is gambling, then you're saying that trading is random. Does price really move randomly? I ...
Trader or Gambler?
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GnarlyPips replied Jan 14, 2013To say that trading is akin to playing blackjack is absurd. They are not the same. In blackjack, all one can do is bet on how close they will get to 21 without busting, but making sure they are above the house. The house gets the advantage no matter ...
Trader or Gambler?
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GnarlyPips replied Jan 14, 2013While managing a business with employees is far different than managing money, who's to say running a successful business is a luck of the draw? url Even federal judges consider poker to be skilled. You have to play the players and not the cards.
Trader or Gambler?
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GnarlyPips replied Jan 13, 2013This is a discussion for moving averages, bollinger bands, and price action? If so, I'd like to discuss a little. I've tried to do some MA system when I was first on this site, but even my own "systems" didn't get the tops or bottoms. There was ...
Trading/Discussion: MACD / MA / BB / PA
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GnarlyPips replied Jan 12, 2013The point I'm trying to make is that one shouldn't trade demo, at all. 1,000,000 standard lots will dent price in the real world. In the demo world, the charts will fool you into thinking that's how the trade will actually pan out. And while a micro ...
The 3 Elements of a Successful Trader
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GnarlyPips replied Jan 12, 2013All it takes is ten standard lots for one million us dollars. I'm the one who said million standard lots. My point is that even though a micro lot isn't much in the markets, you still count for it in the market equation unlike that of a demo market. ...
The 3 Elements of a Successful Trader
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GnarlyPips replied Jan 12, 2013I don't understand what point you're trying to make. Do you understand just how big a million standard lots is? It's a hundred-billion dollars. Like you said, it takes "millions" to move price, but I doubt you actually know just how much it really ...
The 3 Elements of a Successful Trader
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GnarlyPips replied Jan 12, 2013I'm not saying that a micro lot will change price right then and there, but that a real micro lot will be in the charts while a demo micro lot won't be. Have you looked up the butterfly effect? If not, please do so. If you bought a million standard ...
The 3 Elements of a Successful Trader
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GnarlyPips replied Jan 12, 2013Difference between a demo and live is that demo is not affected by what you do. The demo doesn't take into account the trade you took if it had been a real trade. A real trade will be shown in the charts, even if it's the smallest micro lot you can ...
The 3 Elements of a Successful Trader
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GnarlyPips replied Jan 12, 2013I like the discussions forum. I hate the systems forum. Most systems just talk about the indicators they use, but not what they actually feel the indicators are really indicating. There are so many people who literally believe price will bounce off ...
Only 1 good thing
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GnarlyPips replied Jan 12, 2013To me, a bottom represents declining selling pressure and inclining buying pressure. The buying started before the bottom, and that's how the bottom is made. After that, the buying pressure is more than the selling, so prices move up. Afterwards, ...
Aussie Trading Room and Cartoons Gallery
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GnarlyPips replied Jan 11, 2013I want to fix something with this: When I said that the house doesn't play the games it hosts in poker, I'm actually wrong. I've been to plenty of home games where the guy hosting is playing. Silly me. However, this is something to note, because if ...
Trader or Gambler?
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GnarlyPips replied Jan 10, 2013Since price is above the circle, I think price could be making new highs at least from September's high to maybe Feb's high of last year. About 1.062~ - 1.085~.
AUD/USD
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GnarlyPips replied Jan 10, 2013The bid price, no, but the ask price, yes.
Aussie Trading Room and Cartoons Gallery
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GnarlyPips replied Jan 10, 2013There's a massive difference between playing a slot machine and playing poker. Slot machines are solitary and the house is who wins. In poker, the house only takes rake from each hand, but they aren't not in the game. You play against other ...
Trader or Gambler?
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GnarlyPips replied Jan 9, 2013Some of the origins of your lines seem to be invisible. I noticed you could be using GANN, but I feel like you're using random points for half of the stuff.
Circular Trend-Waves
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GnarlyPips replied Jan 9, 2013Eur/Aud went down. Usd/Hkd went down a little, but not enough to tell me that the dollar/hkd won't be getting out of the tight range it's been on. This tells me the upward move for A/U may be temporary.
Aussie Trading Room and Cartoons Gallery