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steelhead replied Sep 21, 2008bro not the time to go long on g/u or e/u. if you do careful of retrace. Im looking to short back into a buy zone. Not going to buy after its gone up oer 300 pips makes no sense.
Why Indicators will fail you
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steelhead replied Sep 21, 2008Time to roll this week. Good luck to all of you. This week should be great
Why Indicators will fail you
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steelhead replied Sep 21, 2008pay attention — to begin the week i will be looking for sells on g/u and e/u. Dont know where yet will wait for the charts to tell me when.
steelhead trade journal
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steelhead replied Sep 20, 2008Why do some of you insist on saying the market makers don't care what the small guy is doing? That statement is totally and uterlly false. They do care what the small time guy is doing cause a herd of small time guys doing the wrong thing is very ...
Why Indicators will fail you
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steelhead replied Sep 20, 2008Eagle is a good guy although we disagree about alot of things. Market movers do dictate wether your indicators will hold or not. market movers dictate everything. News doesnt dictate the market, market movers do. Learn how to think like them. When I ...
Why Indicators will fail you
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steelhead replied Sep 19, 2008Just be careful man I know Phil Nell just be careful. Professionals also look at mac d on all time frames they dictate the market not Phil Nell or mac d
Why Indicators will fail you
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steelhead replied Sep 19, 2008First of futs congrats on your new addition my wife is pregnant as well. When you get the time I would be happy to go over a more detailed reasoning for my thoughts that inicators are garbage. I will leave you with one thing i think. Indicators are ...
Why Indicators will fail you
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steelhead replied Sep 19, 2008I consult my palm reader everyday before entering a trade. I am letting the clarity of no indicator trading guide me. s/r and my trusty four hour candle.
Cable Update (GBPUSD)
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steelhead replied Sep 19, 2008SI i cashed it in and put it in my pillow. Me no trust banks right now. My pillow is the best place for my money. I gets plenty of love everynight under my pillow. Im thinking of diggin a hole in my backyard and storin some there as well.
Cable Update (GBPUSD)
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steelhead replied Sep 19, 2008cesarg this was a general post on indicators not a specific post on a specific trader. It was meant as tongue and cheek about all the different things that indicators might tell you. It was in no way directed at you personally. It again was a ...
Cable Update (GBPUSD)
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steelhead replied Sep 19, 2008Emas trendlines sma's mac d's stochs bla bla bla bla. Wait its not below the 200 ema wait its not below the 50 ema bla bla bla bla bla bla bla. Wait trend reversal on my 5 minute chart wait another reversal on my one minute chart. Let me draw a fibo ...
Cable Update (GBPUSD)
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steelhead replied Sep 19, 2008You all give me my entertainment for the week when things are slow. This thing is going to the moon me thinks. Can I get a dip on gold back down below 800 i need some more. 2k it will be worth before end of year
Cable Update (GBPUSD)
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steelhead replied Sep 19, 2008Good ole futs. I made money trading those pairs to the longside nice try though. Keep assuming that you know what my trades are. I dont need to go into it with you just know that i made money the whole time. Keep slapping those ten pips though noble ...
Why Indicators will fail you
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steelhead replied Sep 18, 2008I know my math lol. what my statement means is you cannot sustain success in this system over the long run with the risk reward ratio you have. the percentage you would have to be right on this system does not exist.
43 straight winning trades
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steelhead replied Sep 18, 2008I will soon. What makes you so sure i was trading against the trend though. On a side note eagle and i are cool. what up eagle
Why Indicators will fail you
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steelhead replied Sep 18, 2008cyber i promise you you dont want to get into a i made this much money and pips with me. It is a losing battle for you. I promise Stop while you are ahead
43 straight winning trades
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steelhead replied Sep 18, 2008You are missing the point. 1-10 pips is the take profit that is crazy. What are the stop losses? Its not worth your time these systems fail. I just cant believe people can read this thread and take it serious. If you think for one second that if he ...
43 straight winning trades