- Search Energy EXCH
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Low replied Oct 23, 2010Not really. If the brokers chasing stops, they may be chasing the stops on their own books, or simply pushing price to SR levels where the weak holders are most likely to have set their stops. In regards to the individual trader, it wouldn't matter ...
MarketMakers
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Low replied Oct 23, 2010For honesty, EG has the lowest daily volatility, in pips-range-per-day of any pair, and knowing this I set my limit short too tight. It got taken in by 1 pip and I immediately closed it for a 5 pip loss (spread + small move). I then re-set it 10 ...
Low's Journal
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Low replied Oct 23, 2010This is not true. Your broker makes money off of the spread or commissions, even though they are the counterparty to your transaction, because they have to hedge their net exposure in the interbank market to keep their books flat. They can also ...
Venture Capital?
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Low replied Oct 22, 2010What's interesting is that I can count 3 failed bearish (well-defined) monthly PB's, and one successful bullish one. Not the best success rate.
Silent Service Method
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Low replied Oct 22, 2010Well, it's almost the weekend....traders get bored when the market is closed
I can see how your childhood experience would lead you to your conclusions, clearly, your father did not make the right choice, but I still believe my own opinions, which ...Venture Capital?
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Low replied Oct 22, 2010DK, I don't mean to get down on you, as I like your posts, but that whole thing was a load of tripe. If spending time with the people you love is of value, then you must simply choose to do it, not set some arbitrary "financial independence ...
Venture Capital?
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Low replied Oct 21, 2010Hey Coke, Here's something else that supports your view: I'll probably wait til next week, as I think the bulls have taken a break, but that's just my opinion. image
Backing Trades Thru Charts
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Low replied Oct 21, 2010Anybody who is not comfortable/familiar with harmonic patterns should first learn how they are defined, and practice drawing them yourself. Downloading a harmonic indi and trading everything it prints is a very bad idea (one I was fortunate enough ...
Low's Journal
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Low replied Oct 21, 2010On the front page of Marketwatch (something I read for humor
), there's a video explaining why maybe it's time to short gold.....where do they get these geniuses? I'm pretty sure last week was the time to short gold, and I don't think for a ...Silent Service Method
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Low replied Oct 21, 2010I would like to do some more self-analysis, but for the moment here's some charts and thoughts: ---------------------------------------------------------------------------------- It looks like we'll see a pause in the selling as many dollar plays ...
Low's Journal
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Low replied Oct 21, 2010It looks like we'll see a pause in the selling as many dollar plays are finding temporary support. I get my DXY at freestockcharts, and it won't print the daily til after NY close, so I don't get to know yet. Of interest, gold still has a bit to ...
Nearly Naked (Simple Trades)
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Low replied Oct 21, 2010Hey Marc, I am playing with that "MA ribbon filled" indi, and wanted to know how to fill it with a solid color, as opposed to the one Ian posted that just has black vertical lines. I am not "code savvy", so try to put it in layman's terms if ...
Nearly Naked (Simple Trades)
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Low replied Oct 20, 20107 PM PST, whole lotta dollar bulls just joined the party....BOJ trying to defend 81 now?
Silent Service Method
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Low replied Oct 19, 2010You should see what he posts...Eric knows his stuff. Definitely a trader worth watching. Just remember, shooting yourself in the foot is always 1 trade away.
Venture Capital?
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Low replied Oct 19, 2010Chris, What's your DXY look like? I'm seeing a large gap on the "general market sites".
Silent Service Method
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Low replied Oct 19, 2010Not that I was intelligent enough to play any of these......

Silent Service Method
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Low replied Oct 19, 2010Saxon, I just want you to know that I hate your employers.
And I would not be reaching for the things I am were it not for your support, it's not your charts or trades that will be missed, but your enthusiasm, genuine concern, fantastic ...Nearly Naked (Simple Trades)