Wow. You're a high roller aint u Moloy? 10 lot trade. Damn that takes guts. You're one of the very few people who can trade this method successfully. Well done. I commend your effort. We would welcome your wisdom that you can share in ...

M&W-Trading

djmoloy, are you demoing or trading live? I couldn't see any of your arrow trades on your charts. Yesterday was crazy. Market went nuts even before Ben said "hello".

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@anyone: mmaker should be able to answer your question. @duffgen: Maybe Steve was here and didn't like what he saw? Yesterday, EU ended up as a reset to me, but a successful trade for djmoloy. So another question could be, is this system a very ...

M&W-Trading

Hm.. How can you based your bias on HOW & LOW? I've been with Steve for a while now, and weekly cycle (tuesday/wednesday/thursday mid-week reversal) is one of the concepts that I already have strong evidence against with. Look at every week for the ...

M&W-Trading

I'm beginning to think that if we do a complete opposite of what SM says, this could turn out to be a good trading system. Anyone trading the EU today?

M&W-Trading

Hmm.. From memory there were at least 80 pages on this thread. How did it get trimmed to 69? Neway, what I've gathered so far is that SM teaching is apparent only when it has happened. Flash card, chart study, etc. Yes. But the "variation of the ...

M&W-Trading

I also notice that the "forecast" value from various different economic calendars are not exactly the same. The theory goes that these forecast values are based on econometrics performed by economists. If the economists of one country produces one ...

How honest and reliable is data on the economic calendar?

Thanks J. I knew it would be foolish to think that a country can run out of currency "stock" when they can simply print them. I see. So we get the leftover stuff when the big guys had their trades done and that's the excuse for a requote. But ...

Requotes and liquidity issues don't make sense for retail traders

"You will not want to miss joining Steve LIVE in the market"... Live? In the market? Never seen him trade live ever. Even his students kept complaining about this too. I would love to trade with 2 monitors. I'm barely surviving with an income as a ...

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It's the 4 biggest majors: EU, GU, UJ, UF. I'm staying away from other 2 majors AU and UC. They are semi-commodity currencies. The majors are also affected by oil and gold but having the highest trading volume makes them more speculative. I'm not ...

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I guess I heard someplace when Steve said that in general, the MM uses the majors and the patterns are more apparent in them than the crosses. My screen only has 4 windows. I only trade the 4 majors. I haven't got my head around fractional disparity ...

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Did anyone trade EU today? I'm confused as there are, IMHO, 2 valid PFs at work. So I didn't trade it. It's a toss between a safety trade and W pattern. And I thought pattern comes first, timing comes second, level comes third. So, what do you guys ...

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I don't know whether you've made an obvious sarcasm or not, but I'm definitely not one of the few, and I don't think I've done anything worthy of anyone's respect unlike some great members of this forum. If I'm the smartest around, nobody would've ...

Economic Question: Why is price affected by supply and demand?

Thank you Joao. Can we now safely say that MMs are powerless against Government intervention? And is this one of their weaknesses? And will this cause us problem because we now know that market is not completely manipulated by the MMs?

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Not really, I just refuse to give up my right for my own free thinking. Economics is flawed because it starts with an assumption. It is not exact science, but basic principles of science should still apply. Observe -> hypothesis -> successful and ...

Economic Question: Why is price affected by supply and demand?

For example, say the world's supply and demand of oil is at equilibrium, and everyone is doing their own thing. There is no imbalance but then there is news or rumor of wars/disaster involving the OPEC countries. Nothing changes in terms of supply ...

Economic Question: Why is price affected by supply and demand?

Who can help everyone by explaining what's going on with EUR/USD today? Quite a strange phenomenon if my analysis is right. I call it a 4-4 trade because the 3-3 trade, the trade that is supposed to be fundamental to SM teaching didn't work out ...

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