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steelhead replied Jun 24, 2008Just like early when you were saying you were going to show folks how indicators can help you get it smack on. then you posted a trade you did. Dove do you have an yahoo im
USD/JPY Discussion
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steelhead replied Jun 23, 2008Your indicator lol. Your indicator is no different than the thousands of other ones. It works for a time then you get hit in the middle of the intersection by stop hunters.
USD/JPY Discussion
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steelhead replied Jun 23, 2008maybe I should put it in a different way. Trading with indicators is like betting that my 97 year old grandma is going to cross the road. The only problem with that is, by the time you take that bet she is already halfway there. She is lagging ...
USD/JPY Discussion
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steelhead replied Jun 23, 2008I just cant handle it anymore slow_k with PDI are we really basing trades of this junk. Please tell me your not serious.
USD/JPY Discussion
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steelhead replied Jun 23, 2008Trader007 get rid of the PDI and MDI garbage man don't trade off that.
USD/JPY Discussion
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steelhead replied Jun 23, 2008no no no — No they are useless period. Even if you know what they are measuring. Waiste of time.
USD/JPY Discussion
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steelhead replied Jun 23, 2008I like to position myself with the big boys and ride what ever way they are going. that seems to yield the bigger moves. Their activity is not hard to spot if you know what to look for. Just say no to indicators. ALL OF THEM
USD/JPY Discussion
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steelhead replied Jun 23, 2008I would like to show everyone how indicators can get you on the wrongside of the trade. They are lagging and don't give you a true picture of what is really going on behind price action. Dove I can show you many examples where indicators fail badly. ...
USD/JPY Discussion
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steelhead replied Jun 23, 2008Dwildes have to wait and see what happens in london session. I could go either way.
USD/JPY Discussion
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steelhead replied Jun 23, 2008Amen to that. Indicators are lame. charts are fun and actually learning how to read them
USD/JPY Discussion
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steelhead replied Jun 23, 2008Why are you so consumed with sitting in front of your computer all day to try and get your 10-20 pips an hour. That would be boring. Think longer term my friend. Less time in front of the charts more time doing other things. You can't force the ...
USD/JPY Discussion
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steelhead replied Jun 23, 20081 trade about 200 pips thats how I like it. The charts tell the picture. Again just say no to indicators
Cable Update (GBPUSD)
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steelhead replied Jun 23, 2008Closed out g/u from 1.9750 at 1.9594 +151 pips from Sunday Closed out A/U sell from 9550 at 9496. +50 pips from Sunday Not a bad start to the week +201 and it is only Monday
steelhead trade journal
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steelhead replied Jun 22, 2008this weeks trades — looking at shorting aud/usd around 9550 to 9600 looking to long u/j between 107 to 106.50 Looking to short the g/u at 1.9750 to 1.9800 We wait for setups to come to me. using four hour candle close to time entries. Good ...
steelhead trade journal
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steelhead replied Jun 21, 2008Finally someone who knows what they are talking about.
Cable Update (GBPUSD)
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steelhead replied Jun 20, 2008Good thing I am not shorting in an upward trend then.
Cable Update (GBPUSD)
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steelhead replied Jun 20, 2008Not a bad week for a new trader ah dove. These trades worked out nicely all week.
USD/JPY Discussion
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steelhead replied Jun 20, 2008me likey shorts on g/u — shorts were good today if you knew where to take them. I took a short at close of four hour candle around 1.9780. It was a great setup. Again folks charts charts charts. Read them they paint the picture. Just say no to ...
Cable Update (GBPUSD)
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steelhead replied Jun 18, 2008the turn down began two days ago you guys just failed to see it. Its been in a downturn for a long time now. Charts folks read the charts
USD/JPY Discussion