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Silat50 replied Sep 20, 2013WE READ TOO MANY BOOKS! I read Malcolms nbook. I read all about the formula of needing 10,000 hrs of practice to be considered an expert. My opinion...bullshit. And the poster who said "The market will always give you what you want." More BS and you ...
10,000 Hours
- Silat50 commented Sep 20, 2013
I believe the way this euro will crumble when the music stops playing will be recorded in history with the constant comment......."What is so incredible is how long the EUR stayed so high. Because everyone knew of the rioting in Greece, the ...
Europe To Change "Deficit Calculation" To Make Economy Appear Stronger
- Silat50 commented Sep 20, 2013
Yet....we are all still here, right? What do they call guys like us? Addicts? -)
High speed traders reacted instantly to Fed
- Silat50 commented Sep 20, 2013
If this happened in equities the FTC,NASD and every regulatory exchange would have halted trading to investigate at some point. Wait a minute....it DID happen on the equities exchanges too. Does this mean you cant get a fair shake no matter what you ...
High speed traders reacted instantly to Fed
- Silat50 commented Sep 20, 2013
5 years ago, I'd be just about ready to borrow money to get in on this AUD pop that "must" happen now, right? Well, AUD action in 1st 2 sessions is sluggish....at best. No volume. Does that tell you how much money really needs to be converted in to ...
Gold Traders Most Bullish in Three Weeks After Fed
- Silat50 commented Sep 19, 2013
Look at this jpy fall apart. This gives us all a great reminder or a tip if we never knew this...."all news is tradable...just not always in the direction we think. And sometimes not till the next day if the big banks have taken the other side due ...
BOJ's Kuroda says BOJ policy clealy having a positive impact on economy
- Silat50 commented Sep 19, 2013
pip, you are the man! I was just about to leave the same comment and you just went right to the front of the line. Cudos! And traders are just like analysts, majority,anyway. Yeah...isnt it funny when the trend is continuing as in AUD.NZD,GBP,how ...
Prospect of a long delayed taper much higher - RBS
- Silat50 replied Sep 19, 2013
WHY DO THE GURUS IN CHAT ROOMS ALL WIND UP SELLING THEIR SERVICES WHEN THEIR "STATS" CLEARLY SHOW THEY WIN EVERY WEEK AND WITH BIG ROI? If those of you who are so pro statistics were right, you wouldnt be on this thread. You'd be out on your boat ...
Do you think statistics work in trading?
- Silat50 replied Sep 16, 2013
I agree 110% with you again. In fact when I saw the last hrly candle on aud/usd retrace 1/3 of its loss, after a huge drop, i always figure the game players closed shop and went to party on the few "mil" they just stople, and I go long after the ...
AUD/USD
- Silat50 commented Sep 11, 2013
TO ALL THE SHORTS: Are there any of you who really believe when the NY boys come in, and lately they have been in at 7am judging by the biggest volume bar of the day this month, do any of you think with all the money they have to put to work that ...
Australia Labour Force
- Silat50 replied Sep 10, 2013
The "Old Forex Pro's" favorite moving average: Guys, pull up the 60min and daily charts right now at 3:21am on 9/10/2013 for the aud/usd and Eur/aud. Look at the 72 moving average on the 4 charts. Is it unreal the way price respects that average and ...
AUD/USD
- Silat50 replied Sep 9, 2013
Pip, WHEN YOU ARE ONLY AWAKE FOR THE ASIAN SESSION....TRUST ME...ITS A VERY,VERY sloooooow rise.
I actually pity Asian traders. I truly suspect that the Asian firms make 75% of their traders come in at 8am EST for the NY session.AUD/USD
- Silat50 replied Sep 9, 2013
GETTING STOPPED OUT? Anyone in the last few days of this torturous slow rise of the AUD , have any of you gotten stopped out. I have 2 or 3 times, and I use nothing lower than a 60m chart. Yesterday I announced I was getting into the EUR, JPY AND ...
AUD/USD
- Silat50 replied Sep 9, 2013
AUD/JPY LONG BEST BET: Excellent chart pips29! I show the same thing. What many people ,whether into fibs or not do not realize is that unless the chart shows it is terribly overbought or oversold, the .786 is usually the last chance to bounce off ...
AUD/USD
- Silat50 replied Sep 8, 2013
The silly people and the haters ALWAYS leave once people get smart and ignore them. Its on every thread sometime or another. To me, life itself gives a trader, or even a human being of any sort so little encouragement and real motivation to ...
AUD/USD
- Silat50 replied Sep 8, 2013
As an aside...when do pairs make their biggest moves? When we are tired of waiting for them to break out and we forget about them! Then we get 3 or 4 false breakouts we jump on that clean our clock. We get so mad we forget about the pair even ...
AUD/USD
- Silat50 replied Sep 8, 2013
First off, the usa is doing fabulous considering every economist believed with all the prining money that Ben did w'e'd have hyper inflation now. We dont. What we did do is give a looooot of lazy people a free ride in paying off their mortgages with ...
AUD/USD
- Silat50 replied Sep 8, 2013
you might be right. Nice chart! But.......this puppy cant even make close to a 38% retrace of the last move up on both weekly and daily. Thats still means it hasnt shown any proof the trend reversed. Im not bib on fibs, but often if you cant break ...
AUD/USD
- Silat50 replied Sep 8, 2013
Spartan, I not only agree 990%, but this time the news of "Austrailia is open for business is going to really mean something if tonights numbers are even half way decent and the 2 bottoming tails on 2 candles on the weekly shows plenty of support ...
AUD/USD
- Silat50 replied Sep 8, 2013
NICE WORK ALIEN!!!! Im not big into channels,but why place the channel there? It looks so curve fitted. -) That said, I love your charts. This is a REAL set-up. aND possibly one of the best opportunities of the year. One big reason is you have 2 ...
AUD/USD