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mbqb11 replied Mar 17, 2008Hey Sean, IMO demoing is best to learn the platform and learn the ropes of trading. SO do that for 3-4 months(which at the end you should be profitable). After that take a SMALL amount of money and invest it into a live account where you can trade ...
The reason why 95% of new traders consistantly lose money
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mbqb11 replied Mar 12, 2008This is an EMA james recommends. He said he learned it long ago and he ALWAYS has it on his charts along with the 150 ema. The idea is to look for PA or pure touches at these EMAs along with other confluence Mike
james16 Chart Thread
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mbqb11 replied Mar 12, 2008
- yeah most large orders are iceberged but good information none the lessjames16 Chart Thread
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mbqb11 replied Mar 12, 2008put it this way, people said the same thing when it hit 1.3...... Just let the charts guide you
Wiz good to see you around bud Mikejames16 Chart Thread
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mbqb11 replied Mar 11, 2008Yes this is correct TS. It is even better if it is in the prior close. Sometimes the close is much lower then the high. I prefer them within the previous bars close also, but I will trade them either way(of course depending on location etc) Mike
james16 Chart Thread
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mbqb11 replied Mar 11, 2008This is so true! And it goes nicely with Bemacs motto in his sig
Nice to have yet another vet aboardNo Free Lunch but all the Free Coffee you can drink
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mbqb11 replied Mar 11, 2008Yep it just takes a lot of time and dedication. Just think long term and realize it is worth however long it takes you to figure this whole crazy game out. Mike
james16 Chart Thread
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mbqb11 replied Mar 11, 2008Don't worry too much about the second eye. The most important thing is the left eye. We want the pinbar to be within the prior bar(and even nicer within the close). Here is a chart. See how we have the pinbar and then the next bar breaks the low of ...
james16 Chart Thread
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mbqb11 replied Mar 11, 2008The most common entry is to wait for a break of the high/low of the pinbar High when looking for a long, and low when looking to short. Take care Mike
james16 Chart Thread
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mbqb11 replied Mar 10, 2008For my discretionary trading I am a big believer in trailing my stops(not fixed TS). I use a combination of Bar counts/SuppRes/Volatility etc when trailing my trades. The reason I like to trail my trades is it fits in with my beliefs of cutting ...
Exit strategies?
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mbqb11 replied Mar 8, 2008did you even read any of the responses to YOUR question? It is a bad price feed.
Can anybody have ideas why price goes down very quickly in that two days!
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mbqb11 replied Mar 7, 2008Iso sad to see yet another forum vet move on. Unfortunately that is what happens around these parts, but I wish you the best of luck and drop by now and then, there are many here that appreciated all your posts including myself(especially when I was ...
Steviet's Live Trades!
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mbqb11 replied Mar 6, 2008Scott you are seriously my hero! You have just allowed me to gain back even more sleep to my life! THANK YOU Mike
Alert when Candle Closes above Certain Price
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Alert when Candle Closes above Certain Price
Started Mar 6, 2008|Platform Tech|30 replies
Greetings, I searched but with no success. Is there an indicator that will alert me when a ...
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mbqb11 replied Mar 5, 2008We all go through this, just stick to the really obvious ones for now(Major ones). If you decide to add minor PPZ and such do that after you become good at the major ones. Happy trading Mike
james16 Chart Thread
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mbqb11 replied Mar 4, 2008for sure!, but I do pull my orders on really big releases that have extremely uncertain outcomes(like the recent rate cuts), things get way to crazy then During the normal day in and day out news(even big news), there is much more "order" to the ...
Predicting The News
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mbqb11 replied Mar 4, 2008yes exactly and the big guys aren't just willy nilly clicking buttons. They need someone to provide the liquidity to their huge orders. That is of course what the retail traders job is, and these stop losses = liquidity too. At least this is what I ...
Predicting The News