Trading room for not 1Kt 12 replies
Disliked
I learned something new today regarding price action from whom I deeply respect, else I would never have bothered to check out since it sound so strange (to me at least). A part of his exit-plan is to exit if a bar suddenly exceeds ATR(14) x 3, no matter red or green bar. I know you will think exactly like I did. The idea is that the market usually takes the opposite direction or range after such a bar. Since he's always right and I'm wrong almost every time I find it worthy a discussionIgnored
DislikedHere's a controversial discussion for ya:
Do you use stops?
I guess you have to if your a daytrader strategy type. In and out of 3 or more positions a day, opening a new order at a daily support or resistance point only to reverse cause the strategy isn't optimized for long term fluctuations that occur unexpectedly to 5min watchers.Ignored
Disliked
this is for all you techies out there:
i'm writing up a presentation for a technical analysis thing i'm teaching
[..]Ignored
DislikedDo you want to go into "quant" stuff?
Here are some stats that might be interesting
http://www.forexfactory.com/showpost...88&postcount=9
http://www.forexfactory.com/showpost...7&postcount=23Ignored
Dislikedyeah yeah. Those are my thoughts too. Same as the both of you.
Why do people have to look for any flaw, in their mind, when all they have to do is listen? Some people think they are so damn special and need to be heard; for what? To prove a point, feed an ego, can't be creative enough. I dunno. I think I will label these types as perpetual functioning retards with potential. I'm not one to label anyone though. Just saying.
Hope you guys had a good day of trading. Long euro was a good one the last 16 hours.
CheersIgnored