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- Bandersnatch replied Dec 11, 2008
GBP/USD setup? — The GBP/USD seems like it might be setting up for a good trade off the top of a triangle. The 1hr shows a break above the line and a return to it. The only concern I have about the setup is that the price is hovering right ...
- Bandersnatch replied Dec 9, 2008
Hi Ali, First of all, try making the levels 15, 30, 45, etc instead of 0.15, 0.30, etc. Secondly, your broker may use an extra decimal in their price feed, thus extending the quotes to 5 decimal places instead of 4 (1.29220 instead of 1.2922, for ...
- Bandersnatch replied Dec 4, 2008
Hi Big Pipin, Your MACD line actually looks quite close to mine, although slightly different because your data feed uses a different time zone. I don't know why the levels on the y-axis are different on gft than on MT4, but the line still looks ...
- Bandersnatch replied Dec 4, 2008
Hi Big Pipin, No one seems to be responding to your question, so I thought I would jump in. Firstly, I don't see any moving averages, trendlines, or support/resistance lines on your chart. These are really the base of the system, and the price ...
- Bandersnatch replied Dec 1, 2008
Thanks — Hi Palmer, Thanks for the input on the Euro. It's much appreciated.
- Bandersnatch replied Dec 1, 2008
What to do? — Hi all, I don't post much here, but I certainly read everything that goes on. The latest action on the Eur/Usd has got me a little curious though. The price has gone through the 89 MA to the downside and then returned a few times ...
- Bandersnatch replied Feb 14, 2008
Hi Golfer, Your rules and appendices are certainly very helpful. I've been perusing them repeatedly trying to absorb all the information and develop an eye for the system. I'll keep these three points in mind as well as useful guidelines for trading ...
- Bandersnatch replied Feb 13, 2008
Hello — Hi Golfer, Big thanks for all your input on this thread. It seems you've been carrying the burden all by yourself for quite a while now. In any case, I'm newish to the 5min system, but I think it would make a good addition to my ...
- Bandersnatch replied Jan 30, 2008
Thanks, Frick. I appreciate the support. And you're right about starting small and focusing on making consistent gains. Compound interest is a marvelous thing.
- Bandersnatch replied Jan 30, 2008
That was my mistake. 20 contracts x $10/pip/contract = $200/pip
- Bandersnatch replied Jan 30, 2008
I just noticed by typo reading 2000 instead of 200. Sorry to mislead anyone. In any case, you're totally right, Ryanmcd. Whether it's a micro lot or 100 lots, good traders rely on the charts and good MM. Regarding the charts, how long is it going to ...
- Bandersnatch replied Jan 30, 2008
Yeah, you're right. It's sure fun to think about though. I hope to be there someday.
- Bandersnatch replied Jan 30, 2008
20 full contracts? — So Ryanmcd, does this mean you are making $200 a pip? Because if so, that's freaking awesome.
- Bandersnatch replied Jan 27, 2008
A few questions — Hi everybody, I've been reading the thread for a few months now, and now I feel like I've absorbed enough of the information to participate in the discussion. Big thanks to all who have put so much time and effort into the ...
- Bandersnatch replied Jan 17, 2008
USD/JPY — Hey Vette1974, I took the same trade for all the same reasons. The price was below the 89 and had been flirting with the 21 EMA for a while. Two dojis between the 8 and the 21. Then the MACD showed a Zero Bounce on the H4 and a TC on ...
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