- Search Energy EXCH
-
clockwork71 replied Mar 31, 2009To be honest, I rarely pay attention to these things. I am trading the psychology of the market, not what "might" happen. However, I wouldn't place a trade ON n.f.p. Friday. But I agree with the other guy.....3 days away.
Silent Service Method
-
clockwork71 replied Mar 31, 2009The 4 hr. pin to me isn't a good pin to be honest. On my feed, it looks more like a neutral bar.
Silent Service Method
-
clockwork71 replied Mar 31, 2009I use Interbank FX. I think it's safe. To be honest, I think most stories about "bucket shops" in the US are bullshit. I have never had an issue with the three brokers I have used.....GFT, IBFX, and FXCM. They all sent me my money.
Silent Service Method
-
clockwork71 replied Mar 31, 2009I do actually. Funny you should mention that. I have an area in the James16 forum about "box trading", which is essentially range trading. I have to run, but I will try to remember to post a few charts later. It's basically the same thing ...
Silent Service Method
-
clockwork71 replied Mar 31, 2009Mainly because it's essentially based on James16 material. (I am a Senior Member there.) I wrote about buying Martin Pring on Price Patterns (a book) it has a lot of the set ups I like. Jim uses his stuff quite a bit as well. Let me think about it, ...
Silent Service Method
-
clockwork71 replied Mar 30, 2009Baby steps. — I guess I forgot to include one thing: Taking baby steps. I have said several times that letting a trade do it's thing is the key. I firmly believe this, and to be honest - cannot imagine ever changing my opinion. However, it's ...
Silent Service Method
-
clockwork71 replied Mar 30, 2009I am answering this via mobile PC, so I don't have the charts at the moment. I didn't take the AUD.USD short because there was support shortly under, and I was going to work. I figured that the profit I had locked in should be reason enough to be ...
Silent Service Method
-
clockwork71 replied Mar 30, 2009For what it's worth, I have started to trade off of weekly and monthly s/r areas only. If it's with the trend, I let it run as far as possible....if counter-trend, I take profits a little quicker. I find it filters out a TON of trades, but it ...
james16 Chart Thread
-
clockwork71 replied Mar 30, 2009Subtle as a brick, as usual Bemac. LOL
I need a mentor...read this and youll know why
-
clockwork71 replied Mar 30, 2009What makes you think you have to take either? That's the point, you have to idiot-proof your trading. If it's not clear, why bother?
james16 Chart Thread
-
clockwork71 replied Mar 30, 2009Sadly, my broker is too smart to offer that pair.
Silent Service Method
-
clockwork71 replied Mar 30, 2009The month of March — As march comes to a close, I think this is a perfect example of how trading can be. This is a rough idea of how my month went: I am up about 6%. That's a damn good month. I had 2 wins, 2 losses. We all know about that ...
Silent Service Method
-
clockwork71 replied Mar 30, 2009Someone asked if I would take a trade in the other direction. Sometimes I will, but as a general rule, no. I think this drop told us something about this pair.(And the markets as well.) We could go up from here, but I still want to see it break ...
Silent Service Method
-
clockwork71 replied Mar 30, 2009i trade futures on much smaller timr frames....on the rare occasion i trade them
Silent Service Method
-
clockwork71 replied Mar 30, 2009I don't do a lot of gap trading to be honest. However, I am short this stock....that reminds me, I need to see how it did today.
Silent Service Method
-
clockwork71 replied Mar 30, 2009Managing the trade is 90% of the battle in my opinion. Don't worry, you'll get it.
Silent Service Method
-
clockwork71 replied Mar 30, 2009I like Interactive a lot. It's not so hot for forex, but everything else it's about as cheap as it gets.
Silent Service Method
-
clockwork71 replied Mar 30, 2009off to work, had to make another move...here's the chart. see you all later.
Silent Service Method
-
clockwork71 replied Mar 30, 2009I either put it behind previous 4 hour resistance, or behind round numbers. (i.e. ".00" numbers)
Silent Service Method