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traider replied Sep 29, 2012An inherent tendency in capitalism (and I don't mean mercantilism or other forms of exchange, but specifically capitalism with its Anglo-Saxon legal basis in intangible wealth formation) is the relentless drive to globalised deregulation. I would ...
Will Financial Markets Always Exist?
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traider replied Sep 27, 2012I never predict and barely take notice of the news...have my patterns and run with them. Less distracting.
Anyone ever trade pure chop?
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traider replied Sep 23, 2012On occasion, financing can make business sense as in tax mitigation. However, the bottom line must always be never to pay a premium in a world awash with discounts, whether they be for the non-new or as a consequence of vigorous competition.
21 Ways Rich People Think Differently
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traider replied Sep 23, 2012All of it is pretty much on the mark. I would also add that in a largely average world, the exceptional must develop a cool objectivity to plough on ahead, despite the admonitions.
21 Ways Rich People Think Differently
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traider commented Sep 19, 2012I would suggest you read "Capital" to get a grasp of the nature of capitalism. Capitalism is neither evil nor good, parochial nor cosmopolitan. It is the basis of all forms of exchange on this planet and essentially is the foundation on which China ...
Beijing hints at bond attack on Japan
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traider replied Aug 27, 2012Hi zznbrm, Not sure how the Pair-Data-Bar Time script works. I attached it to one of my charts...the way I have understood it is that it should refresh the other 27 chart's 1 min data whenever I open up the relevant 1 minute chart. However, the ...
Assorted Indicators/Scripts
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traider commented Aug 27, 2012It is beyond any doubt that with the spread of the American motoring and consumerist lifestyle beyond Western Europe into the former communist states in the East and of course, China's pre-eminent role in the global market place, energy prices can ...
Peak cheap oil is an incontrovertible fact
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traider replied Aug 26, 2012Awesome indicators zznbrm! Thanks tons. I'm amazed at the ingratitude exhibited at the early incarnation of this thread. What were these people thinking.
Assorted Indicators/Scripts
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traider commented Aug 23, 2012Overcapacity is here to stay as are deflationary pressures on the CPI. As for homegrown manufacturing, forget it.
China Besieged by Glut of Unsold Goods
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traider replied Aug 23, 2012In the fine tradition of Hanover's (and the many others who are not forgotten) many extremely useful indicators very kindly made available to us for free on here (gladly appreciated in these formative years when many of us in the infancy of fx ...
MT4 News Calendar Indicator
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traider replied Aug 22, 2012Forex is exceedingly complex. Either you find a few good signals you stick with, get an instinct for momentum or understand the complexity (which has to be understood to be appreciated.) Theres no easy way around it. And yes, the trend is irrelevant ...
Go against it
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traider replied Aug 12, 2012Thats not what I got from the post. Merely a salutory reminder that forex is a difficult game for many if not most and I am inclined to agree given what I know.
Virtually nobody is making money on Oanda accounts
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traider replied Aug 3, 2012I have tended to develop my own style as it gives me results which after all is what this game is about. For example, I steer well clear of inefficiencies (as I see them) and instead look for a market that is discernable (efficiencies as I see ...
Broker Manipulation
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traider replied Aug 2, 2012Thats my reasonable assumption but of course I may be wrong. I'm all ears as to how they can automate these quite specific but highly variable moves (as opposed to noise.) Any ideas?
Broker Manipulation
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traider replied Aug 2, 2012Personally and with all due respect, I don't think you can use algos to trade sub-day and day moves. They appear way too discretionary and contextual to me. I can see algos catching noisy momentum for a few pips here and a few pips there, but daily ...
Broker Manipulation
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traider replied Aug 2, 2012You're wrong. You can trade to a 100%accuracy but it is complex. Trading consistently accurate (as in 100%) can be done despite what anyone says here. But it is complex to the point where one pip can determine whether a move is for real or not. You ...
Broker Manipulation
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traider replied Aug 2, 2012Hang in there Emp. You've a lot to learn for when markets move, an experienced technician knows that is happening irrespective of whose feed he is looking at. So study hard, get rid of the indicators and be patient. FX trading is a hard road.
Broker Manipulation
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traider commented Jul 29, 2012My experience suggests otherwise for the journey there although hindsight, most certainly.
The 5 Types of Courage For Forex Success