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Holy Cow replied Sep 14, 2012quick is not a solution. i would say slow. in his psychological state he needs to stop day trading and move to longer term when he doe snot have to stay the whole night up and stay glued to the screen. It is not an easy business and psychological ...
TheChalleger's Journal - My Trading Journey
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Holy Cow replied Sep 14, 2012I think you might consider moving away form day trading altogether. I also think that FX is not the best market for day trading. 24/7 is a way too diluted. I have been getting up at 1:30-2:30 a.m. in Toronto for years though and I am ok. it is ...
TheChalleger's Journal - My Trading Journey
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Holy Cow replied Sep 14, 2012trades are moving well. stops are all but eur/nzd at BE and eur/nzd I moved too because of weekend talks. risk 0.3% now. it is not a good thing to do, but I am not sure if I can access PC soon enough and it is only laptop. I have started demo ...
Trend Trading All Pairs
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Holy Cow replied Sep 14, 2012They are basically shoving 84-85 billion a month. I wonder where those money come from? press must be working hard now.
Trend Trading All Pairs
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Holy Cow replied Sep 14, 2012That's ok dude. I will be straightforward, I cannot trade the kind of data you and Skynet can. I have different mental abilities and different personality. I am not arguing about the value of fundamental analysis long term but I cannot use it. It ...
Trend Trading All Pairs
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Holy Cow replied Sep 13, 2012I am always looking for trend traders like myself. Looks like August is over and we are in business again

Semafor Trend Trading
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Holy Cow replied Sep 13, 2012I see like minded people here! The thread was kind of apart from other threads and caught my attention.
Semafor Trend Trading
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Holy Cow replied Sep 13, 2012This was uncalled for and generally you show ungentlemanly behavior man. I am seriously dissapointed.
Trend Trading All Pairs
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Holy Cow replied Sep 13, 2012Yeah, sure, everything can change but again, you are watching wicks and I am watching something different. as I say everybody trade differently.
Trend Trading All Pairs
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Holy Cow replied Sep 13, 2012Ok, got it. CDS is what Buffet called financial weapon of mass destruction. Never watch them. This cat can be skinned using various ways and COTs and CDS do not have to be on every trader's menu. All depends what you are doing. For some it may be ...
Trend Trading All Pairs
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Holy Cow replied Sep 13, 2012Shomari , it is actually not my problem at all cause I am a different kind of trader. i am not all over the place. and I am not glued to the screen either. Pretty lazy way of trading actually. I am trend follower, not pip hunter. I follow trend as ...
Trend Trading All Pairs
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Holy Cow replied Sep 13, 2012Here are my today's entries: image image eurnzd I actually was waiting to go long until I saw new developments. gbp/nzd I was watching but did make decision only at the last moment. was long both pairs and trailing stop got hit yesterday and ...
Trend Trading All Pairs
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Holy Cow replied Sep 13, 2012Shomari,what is CDS and COT? I have no idea what are those? Heat map I had no idea bout it either. I think it doe snot matter how each trader makes a decision based on fundamentals, technicals, momentum change or something else. What matter is ...
Trend Trading All Pairs
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Holy Cow replied Sep 13, 2012You did a right thing then. I was up 9-10% and was making happy dance when saw that sharp reversal. unlike you I did not close trades manually cause I was thinking that as in most cases news against trend usually cause just temporary spike and ...
Trend Trading All Pairs
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Holy Cow replied Sep 13, 2012Skynet, I am not doing technical analysis the kind of used here. It is hard to say and of course I do not disregard fundamentals. it is just that I am reacting towards what market does. That guy Draghi speech sure steered things. I was all in green ...
Trend Trading All Pairs
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Holy Cow replied Sep 13, 2012Shomari, I also want to point that many trades retrace against me very considerably more than half of pips and I still stay put and do not take profits. some guys close trades right away, start rationalizing about why they should take profit... If I ...
Trend Trading All Pairs
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Holy Cow replied Sep 13, 2012LOL, Skynet, just do not let your primate read news or listen to talking heads. she might join my club onMed

But seriously, if this straightforward thing like aud and nzd depending on exports to China and still going up after weak China ...Trend Trading All Pairs
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Holy Cow replied Sep 13, 2012one more point. I am not predicting. I am reacting.
Trend Trading All Pairs
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Holy Cow replied Sep 13, 2012btw, I do look for head and shoulders/ double/ triple tops but only on daily chart. it is speculative trades and I take them when I see what I am looking for but mostly I am looking to go with a trend.
Trend Trading All Pairs