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birdt replied Oct 9, 2008Barak, I did see your post but to be honest I didn't want to say too much as this is BRV's thread and he knows exactly what he means (and if he doesn't then we're being led by a lunatic, run), I just offered a slightly different way of thinking ...
No Brainer Trades
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birdt replied Oct 9, 2008I was reading one of these forums not long ago and there was a newb who was frantically trying to figure out what was going wrong with his trading, desperately asking questions. He admitted (and it must have taken some courage to do so) that out of ...
No Brainer Trades
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birdt replied Oct 9, 2008BRV was talking about correlations between commodities, equities and the foreign exchange markets the other day. Here is an excellent daily newsletter from BlackSwanTrading.com, which gives the daily lowdown and a few thoughts from the pros about ...
No Brainer Trades
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birdt replied Oct 9, 2008My thinking on the subject (abstract way of thinking about it) is that it is the top of the area where buyers and sellers fought it out at a previous pivot, that is, the other side of the pivot inside the bucket. We normally think of support and ...
No Brainer Trades
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birdt replied Oct 9, 2008Here is another method of identifying high probability places where pivots may occur - multi-pivot lines. Find the line through which the most pivots have occurred and study price action around the extension of the line of best fit through these ...
No Brainer Trades
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birdt replied Oct 8, 2008No, this is the most retarded thing I have ever read at FF. Fundamentals have no bearing in FX? You don't use stop losses? You just made my ignore list.
Can you actually live off Forex trading?
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birdt replied Oct 6, 2008EU trade idea — I like the look of this potential area of support on EURUSD from 1.3250 to 1.3290, drawn from the daily time frame no less. Of course, if the market is making tracks like it was today than I'll keep out. This is no ordinary ...
No Brainer Trades
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birdt replied Oct 4, 2008And now a chart (using candles now) to see how these support and resistance levels held up. IMO these levels have done a fairly good job, with price often consolidating for periods within these levels and often indicating areas where price found ...
No Brainer Trades
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birdt replied Oct 4, 2008Anyone ever noticed that some pairs display their support and resistance levels easier than others? EURUSD shows them clearly and they hold often. GBPUSD I find more difficult to see. S+R on USDJPY is easy to spot, but GBPJPY is sketchy. This ...
No Brainer Trades
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birdt replied Oct 2, 2008Well that depends upon your brokers definition of what scalping really is. Definitions vary from 'exiting a trade on the fist leg of movement without giving it a chance to retreat' or 'entering and exiting a trade within a minute'. Some people ...
What determines if someone is scalping on Forex?
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birdt replied Oct 1, 2008So how is that a question? See - a question contains words like how, what when, why, who etc.. You may have a point, but not, apparently, a question. ?
I have a question?
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birdt replied Oct 1, 2008I feel it too, but I have had two successful trades the last couple of days using horizontal S/R, I think you just need to be more selective, go with the trend when possible and examine the momentum leading up to the level carefully. When they go ...
No Brainer Trades
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birdt replied Oct 1, 2008YM is the mini Dow Jones Futures on the the electronic CBOT (Chicago Borad of Trade) traded 24 hours a day, so price may drift out of the Dow's trading hours, and this drift will manifest itself in the form of a gap on the DJI. Obviously they ...
Does anyone know how to get DJIA feed to MT4?
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birdt replied Oct 1, 2008Yes, North Finaince was bought out by FXpro some time ago. Their MT4 had an extra decimal place when I tried it last, somewhat unnecessarily. WHC has DJI and commodities but they are listed by their prefixes in the futures markets - so DJI is YM, ...
Does anyone know how to get DJIA feed to MT4?
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birdt replied Sep 30, 2008I'm going to take a close look at price action if/when we get down to the 1.4040 level. USD has dominated hard today, with Euro markets closing we may see a retracement of some sort. We have also crossed the magenta coloured median line, suggesting ...
No Brainer Trades
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birdt replied Sep 26, 2008Double click on any object and then right click on it, you should have an option to 'undo delete'. Hope it works!
Can I undo in MT4?
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birdt replied Sep 26, 2008How does this POC pivot stand up to standard pivot points? I used standard pivots for ages until it finally twigged that price doesn't actually respect them a great deal of the time. These POC methods are more obscure and less people probably use ...
No Brainer Trades
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birdt replied Sep 25, 2008Here you go Willow. You can alter the size and position of the text etc., through the indicator options.
No Brainer Trades