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clockwork71 replied May 26, 2009You should always go with what makes you more comfortable. However, try this: Try FORCING YOURSELF to go with a trend-trade, and FORCING YOURSELF to let it run. Simply ignore the damn thing. A funny thing happens. You finally check on the trade, and ...
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clockwork71 replied May 26, 2009Trade I took today. — I am in this trade. Fired off via cell phone at work. I placed this order 30 feet in the air.
I would like to see at least 1.08, if not 1.06.Silent Service Method
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clockwork71 replied May 26, 2009Congrats! Actually, for an exercise......take $500 and compound it by 4% a month for ten years - it turns into 50k. Try it again with $2000. $5000. $10,000. And then finally, try it with what you plan on opening an account with, and try it again ...
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clockwork71 replied May 25, 2009I have been watching this one for a long time now.....patience is the key. This COULD be one of those trades that makes a good two months in one shot.
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clockwork71 replied May 25, 2009I agree with the next post - the banks are closed in the US today, so it can play havoc with the markets. Also, are all these lines S/R lines? If so, zoom out - give your trades a chance to run.
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clockwork71 replied May 24, 2009I know I have stated this a few times before....but I feel it's important. If you are like femfam, being aggressive suits your personality. Not everyone is like that though. Some of us are more conservative, and choose entry #2. There is no right or ...
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clockwork71 replied May 22, 2009Let me jump in here: There are 2 entries I like here: #1 and #2. #1 is aggressive, and #2 is more conservative. Pick your entry based upon your personality and risk tolerance.
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clockwork71 replied May 22, 2009Currencies, without that annoying Interbank. — It's summer time. Time to get your shorts on? This one has surged up to a area, failed forming a pinbar, on crappy volume. Oh, and that whole 38.2% fib thing as well.
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clockwork71 replied May 22, 2009No-brainer trade — Took a no-brainer today. I am not a fan of Citi, but they are offering calls (5.0 USD) for Jan. 10 @$48. Essentially, I need it to go above $5.48 before January to take delivery of 100 shares. I also could profit just by the ...
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clockwork71 replied May 21, 2009I like the chart. And you can draw directly on the chart if you clock on "Annotate". It brings a pop up in the foreground that allows you to plot Fibonacci, Lines, etc.
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clockwork71 replied May 21, 2009I am long from about 450 pips ago....but I have tightened my stops because of the area you mention.
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clockwork71 replied May 21, 2009I like the bar, but don't like the place. It's between your S/R lines...... If it's not on those areas - it's not important. CW
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clockwork71 replied May 21, 2009The charts that I am posting are marked with a program called Jing. It's a free program from TechSmith, the makers of Camtasia. url
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clockwork71 replied May 21, 2009This chart looks more like a longer-term hold if I bought it from the purple area. I wouldn't sit and watch it......
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clockwork71 replied May 20, 2009I probably should have said "Time is a man-made concept." It doesn't mean anything. It's just a way to keep track and order of things. Just because the earth has circled the sun once, it's year. Why is that important? It's not. Besides, there are ...
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clockwork71 replied May 20, 2009I haven't had a chance to look at the charts yet, so keep that in mind when you read my response: This is exactly the kind of chart I like to see. When price moves, it will tell you either a long or short. If those double pins get broken through to ...
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clockwork71 replied May 20, 2009Some weeks are just like that. It's alright though, because if you pay attention, you will find 500 pip trades also - to make up for waiting! CW
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clockwork71 replied May 20, 2009I don't even know what this is a chart of, and it doesn't matter. I agree 110% that a trade off of that purple area is certainly worth taking. Here's why: It will give you a clear cut answer. If it goes higher, congrats. If it goes lower: It's ...
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