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Low replied Dec 16, 2009I got my fingers crossed that the gbpusd will give us something worth shorting by the end of the day. As Chris said.......Why won't it die?
Silent Service Method
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Low replied Dec 16, 2009Be careful, if you succeed in turning 50 into 1000, you might believe you can turn 5,000 into 100,000. I had my money management together for quite a few months, and then had one extremely profitable, but highly irresponsible trade. Then I ...
Leverage
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Low replied Dec 15, 2009The thing about timeframes is, you have to experiment with them to find out which one's you're most comfortable with, and which one's you're the most profitable with, and they may not be the same. I do like the fact that you used the word "reliable" ...
Gold Discussion
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Low replied Dec 15, 2009Sorry my friend, aside from the general fact that markets are irrational, trendlines on M1 charts don't mean a whole lot. Easily made and easily broken.
Gold Discussion
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Low replied Dec 14, 2009Another thing to consider in regards to current trades, is that a some subconscious level, some of us "calling a top/bottom" because of the dollar bounce. Short eurusd>>>very countertrend same thing long usdjpy, and short gold. Ordinarily, for CT ...
Silent Service Method
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Low replied Dec 13, 2009Maybe I should take it "more seriously". More food for thought.
Silent Service Method
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Low replied Dec 13, 2009calderone, Just for giggles, I have put a buy-stop on the eurcad(demo), on the break of the pin, if I really wanted it, I would normally just jump right in at market, so this is kind of practice. And for CW, Have you ever tried OCO bracket orders ...
Silent Service Method
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Low replied Dec 13, 2009One strange thing about that chart is that you can see a lot of pinbars, NOT at swing highs/low. In fact most (except the most recent high) swing H/L's give little indication of turning. I also remember getting hosed by two bearish pinbars a couple ...
Silent Service Method
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Low replied Dec 12, 2009malcolmb14 just put an interesting chart up in the "gold discussion" thread. DXY: Highest volume ever. Ever.
Silent Service Method
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Low replied Dec 12, 2009Commercial shorts have outweighed longs for going on six weeks. It just took a while to exhaust the supply of buyers. PS: Does anyone know anything about futures contracts seasonal cycles: A couple of weeks ago the Dec gold contract volume went to ...
Gold Discussion
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Low replied Dec 12, 2009Speaking of volume..... — DZZ: Gold double-short ETN. image
Gold Discussion
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Low replied Dec 12, 2009Her's my thoughts I think Jacko relies upon his experience to make these calls. As a newer trader you can look for price action at levels that have previously provided support to determine if/when the trend may be resuming. There's nothing wrong ...
Jacko's Forex House of Pleasure and Pain
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Low replied Dec 11, 2009LOL. I just noticed that I have officially been "vouched". Which is somewhat scary considering what I've just been through. I'm going to share my little story here in hopes that it benefits someone else, somewhere down the line. About 2 weeks ago I ...
Silent Service Method
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Low replied Dec 11, 2009Johnny, This isn't really an answer, but I'll take a stab at what you're asking. The second question (short or tighten stops on longs), is it in reference to equities or forex? Dollar strength will be good short opportunities in FX, but at the ...
Silent Service Method