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emda replied Jun 19, 2008I'll short it around 214.. if it doesn't reach that.. it doesn't matter...
Divergences - (All Pairs)
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emda replied Jun 19, 2008the second failed attempt to break the 12000 established 12000 as a good support now... mmmmmm
Knowledge is Power
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emda replied Jun 19, 2008oh very nice thanks ! I wasn't monitoring AUDUSD. could be good to enter at R1: 0.9496
Divergences - (All Pairs)
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emda replied Jun 19, 2008also as always you have to have clear your target before entering... you have to see where is it in higher timeframes.. to see if you can take 5 pips.. 10 pips.. 20 pips.. or try to play a 100 pips run...
Divergences - (All Pairs)
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emda replied Jun 19, 2008yes... it is a confirmation of an oversold or overbought level... and then you can use any strategy you want to enter.. scaling in.. or wait for confirmation... or risk everything at the divergence point.. (not recommended)
Divergences - (All Pairs)
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emda replied Jun 19, 2008any oscillator works.. yes.. yo have to find a balance between the parameters of the oscillator, the current volatility in the market and your money management.. and that's all.
Divergences - (All Pairs)
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emda replied Jun 19, 2008I don't see any good divergences right now... There was one in USDJPY... but now it is late. Patience.

Divergences - (All Pairs)
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emda replied Jun 18, 2008I don't demo trade now... but I could try it again... Last year I tried to demo trade on a higher timeframe and it was great. At the beginning it was not good.. but then I tried to go for longer trades following the crisis. and I made more profits ...
Knowledge is Power
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emda replied Jun 18, 2008EURUSD daily charts are a huge mess right now.. no trend. ranging hard. what can you do with it?
USD/JPY Discussion
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emda replied Jun 18, 2008that's good... not to see it as money.. I also try to do it... also.. don't see me as non expert... I don't know you but while I don't consider me an expert yet. I'm far from non expert. your trading style reminds me to George Soros style. Betting ...
Knowledge is Power
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emda replied Jun 18, 2008try to do it in non demo.. it is not the same... you would have worried much more with that HUGE drawdown of 10%.
Knowledge is Power
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emda replied Jun 18, 2008after demo trading for a while... and you start to feel a bit confident.. I suggest you to open a live account.. a very small one.. for example at oanda.. and start trading microlots.. very small amounts... but it is much better than demo trading ...
Divergences - (All Pairs)
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emda replied Jun 18, 2008but on big timeframes the divergences are so obvious that you don't need an indicator with arrows to see them.
Divergences - (All Pairs)