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clockwork71 replied Jun 21, 2009NO....PLEASE post different markets. I highly recommend looking everywhere. I like the fact that you are looking elsewhere for trades.
Silent Service Method
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clockwork71 replied Jun 21, 2009Good, I am glad to hear that you are making progress. The beauty of setting up weekly S/R lines is that they don't change. It's also rare to have to add new ones. (Think all time new highs or lows is about it.) The great thing - once your charts are ...
Silent Service Method
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clockwork71 replied Jun 21, 2009I like the shape of this chart. You have a reversal, a break out of sorts, (the new higher high) and a pullback that is ripe for letting the people that missed the initial push back in. I would take this as a valid signal. CW
Silent Service Method
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clockwork71 replied Jun 21, 2009Read Martin Pring's books. There is a link somewhere in this thread to one of his titles. Pring is very good at making the actual bars simple. Welcome. CW
Silent Service Method
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clockwork71 replied Jun 20, 2009My take on this chart. Great observation by the way.
Silent Service Method
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clockwork71 replied Jun 20, 2009I'm sorry that we keep bumping heads here. It seems you can't get over the "in training" comment. I am sorry if I hurt your feelings. While you are pulling your foot out of your mouth, I suppose I could state yet again in this thread that you have ...
Silent Service Method
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clockwork71 replied Jun 20, 2009A few people have been asking about the recent USD/CAD pinbar. While I can't say it's a horrible trade - it's not an A grade one as these two charts attempt to show.
Silent Service Method
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clockwork71 replied Jun 20, 2009OOOOHHHHHHH! That. Elliot wave is probably the absolute worst in my opinion. You always read analysis like "We are forming a possible C wave." I think that if you got 5 Elliot Wave traders in a room looking at the same chart - you would have at ...
Silent Service Method
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clockwork71 replied Jun 20, 2009Markets tend to move "sideways" a lot, maybe a little study on how to trade those markets is in order?
Do you still believe in the perfect trading system?
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clockwork71 replied Jun 20, 2009Newbies could also lose money following the advice of another newbie, who can't be bothered with paltry returns that are double some of the best traders in the world. This is not a dick measuring contest.
Do you still believe in the perfect trading system?
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clockwork71 replied Jun 20, 2009If I may chime in here: Anyone who takes a trade based on a bar....(i.e. a 200 pip pinbar) and moves stops up is missing something in their trading: Fully accepting the risk of trading. If you cannot get past this, you will never make it. You need ...
james16 Chart Thread
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clockwork71 replied Jun 20, 2009As much as it would suck to be in this trade at the moment, there is absolutely no reason you should be out of it yet. Your stop hasn't been hit.....and you aren't in profit, so there's nothing to do yet but wait. (Which is about 95% of trading ...
james16 Chart Thread
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clockwork71 replied Jun 20, 2009Actually, there is a lot of truth to asking why you would want to go counter-trend on smaller time frames. The longer I trade - the less I trade counter-trend in general to be honest. It can be done - but you can't expect your trades to go as far is ...
Silent Service Method
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clockwork71 replied Jun 20, 2009My broker doesn't offer CAD/JPY, and to be honest I would like to see that pinbar at either a high or a low. Where it is placed is a little "dirty" in my opinion.
Silent Service Method
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clockwork71 replied Jun 20, 2009I don't understand why you think October comes into play?
Silent Service Method
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clockwork71 replied Jun 19, 2009Still a little too early to tell in my opinion. I see 1.14 as a minor area. I would LOVE a pinbar up at 1.18 CW
Silent Service Method
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clockwork71 replied Jun 19, 2009If there is no clear signal, why bother getting involved? Just my opinion.
Silent Service Method
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clockwork71 replied Jun 19, 2009Most are going to be different to some extent. There is no free lunch, even though you are looking for one. The difference is that some brokers pad the spread by 2 pips, while another might do it by 3. Also, they may have totally different ...
Brokers have different price feeds from general market
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clockwork71 replied Jun 19, 2009He might as well.....since it's been stolen anyways and probably being sold on the streets of Shanghai in some kind of pirated form.
will brokers steal your charts
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clockwork71 replied Jun 19, 2009Pip, I bet you regret posting this by now. LOL
Personality and Trend-Following