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- SupaMonkey replied Jun 6, 2012
Do you mean this? image Yes,this is a standard start to a new trend. The only problem i have with this sort of pattern is that once D has been confirmed (thereby starting a new trend) quite often the price falls into a consolidation pattern. I ...
Gartley Trading
- SupaMonkey replied Jun 6, 2012
Tbh, i think you are second guessing yourself. Why sell at B at all? The up trend hasn't been broken yet. Sell A is the first retracement after the lower low and i think that that is the best place to sell.
(binned per thread starter's request) The big... IF
- SupaMonkey replied Jun 5, 2012
I tweaked my system a bit. I made two systems one based on the Detrended Price Oscillator which shows a negative correlation with price direction and one based on the Linear Regression Squared indicator that shows a positive correlation. When these ...
SupaMonkey's Journal
- SupaMonkey commented Jun 4, 2012
url I can't agree with Ms Merkel. They should buy the debt, get the countries back on their feet and then get the money back with interest.
Spanish rescue draws closer as Cyprus buckles
- SupaMonkey replied Jun 3, 2012
I think i didn't make it clear in my first post. If i flat trade the system, the maximum number of micro-lots that i can open is 1 for every 200gbp in my account. So, i just need to adjust the leverage to allow for that. If i use MM then i trade ...
SupaMonkey's Journal
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SupaMonkey's Journal
Started Jun 1, 2012|Trading Journals|22 replies
Hi Guys, I am going to start trading a new system. I constructed this system by backtesting a ...
- SupaMonkey replied May 30, 2012
Self-efficacy means self confidence, that's all. Basically, the whole thing means that you learn more quickly and don't give up so easily if you reflect on your processes. My old university teacher used to tell me that using your memory is just ...
Why you should keep a Trading Journal!
- SupaMonkey commented May 29, 2012
Can Europe stop the rot? No, i don't think so.
Spanish data underscore dangerous economic slide
- SupaMonkey replied May 24, 2012
This statement tells me that you aren't ready yet imo. You phrase this in a way that says that you don't know if you can hit it; whereas, you ought to be saying that you have a backtested strategy (if you use indicators) or that you have records ...
(binned per thread starter's request) The big... IF
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Why you should keep a Trading Journal!
Started May 24, 2012|Trading Discussion|4 replies
Hi All, This is my first post here so let me start by giving something. I am a university ...
- SupaMonkey commented May 23, 2012
If they devalue the drachma, how are they going to pay for food?
German Press: "The Greek Exit Is A Done Deal"
- SupaMonkey commented May 23, 2012
Surely the problem with Greece defaulting is that it sets an example for other countries to follow. Eventually the only country left in the Euro will be Germany
German Press: "The Greek Exit Is A Done Deal"
- SupaMonkey commented May 23, 2012
Stick to the Chinese rmb. When the US finally wins and causes China to devalue it, your money will grow
Greece: The upside of default
- SupaMonkey commented May 22, 2012
It was a bad time to launch imo. Why would a tech stock do well in a currency crisis?
FadeBook Enters Bear Market; -20% From Highs