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- JohnnyBSmart replied Jan 30, 2012
Thanks but the first Monday meeting I've had in six months and it's tomorrow. Oh well maybe next time. Thanks again.
- JohnnyBSmart replied Jan 29, 2012
I couldn't make it either but I'd be interested.
- JohnnyBSmart replied Jan 13, 2012
You are greatly mistaken ForexDao. You talk like somebody who has Newb written all over you and after just visiting your profile I find you're still on a demo account and this is only your fifth post. You may just be one of the many kids trolling ...
- JohnnyBSmart replied Jan 2, 2012
Actually it was spot on the Daily trendline. Wait for the Break of that line or wait till the bounce off the bottom trendline but you will risk a retrace down.
- JohnnyBSmart replied Dec 22, 2011
Australian Banks Need Emergency Loans — Hello All, Now the AUD picture becomes a little clearer. See the link below. It seems the Australian banks are having a wee bit of trouble and need emergency funds. Big Money would have found that out ...
- JohnnyBSmart replied Dec 21, 2011
Hello ennichisai, It looks like Dazz and I took you out of a good trade. I just didn't like the looks of it given the strong markets of yesterday. I thought the setups on the GBPUSD and EURUSD were more evident and more likely to reach profit and ...
- JohnnyBSmart replied Dec 21, 2011
Hello erock, "You trade markets where people all have the same objective as you, to make a profit." Really? I suppose you trade equities where their objective is to lose money. You guys are trading something where there is no herd, you can't follow ...
- JohnnyBSmart replied Dec 21, 2011
Hello billytt, When I was a novice I thought this was the easiest game I ever encountered but that idea went out the window in a flash. Trading without knowledge is financial suicide. I knew the fundamentals but greed and over trading lost me my ...
- JohnnyBSmart replied Dec 21, 2011
Hello ennichisai, It's pretty simple as the AUDUSD chart is a reflection of the markets. Stock markets up the AUD strengthens due to the country being heavily into commodities such as iron ore, copper and gold. The USD generally weakens with a ...
- JohnnyBSmart replied Dec 21, 2011
Hello spekitox, To answer Cindy's question of where have you been I think it's obvious you've been in an educational vacuum. I can have a monkey draw lines on a piece of paper and some of those lines may resemble chart patterns but so what does that ...
- JohnnyBSmart replied Dec 20, 2011
Hello SunTrader, Go ahead and put your money into a good hedge fund trading the Forex. If you can even find a good one the returns are nothing to write home about. So what does this tell us? They trade the Daily because it's the easiest and most ...
- JohnnyBSmart replied Dec 20, 2011
Hello erock, I think your tongue got wrapped around your eye tooth and you couldn't see what you were saying. LOL. This doesn't make any sense whatsoever. Just trading the smaller time frames (less than Daily) will net you more pips. Screen time ...
- JohnnyBSmart replied Dec 19, 2011
Hello Dazz, Let's look at the GBPAUD shall we and focus on the Daily chart first as this is what you would do to start your set-up search anyway. Firstly I don't trade anything by itself. So don't come to a knife fight with me as I'll have a 44 ...
- JohnnyBSmart replied Dec 18, 2011
Hello Dazz, I hope you don't mind if I add my take on things. What I have learned recently is that a target is more than what people think it is. A target should ideally act as an magnet to price. Very true, the PA moves to the next likely take ...
- JohnnyBSmart replied Dec 18, 2011
Hello Dazz, This thread won't die. I've sent a lot of traders to this site. It saves me a lot of time answering questions because the answers are all here. Keep up the good work, Johnny
- JohnnyBSmart replied Dec 15, 2011
Regulators? What regulators? What are they regulating? They must be regulating their graft payments. It's the scammers scamming the scammers. How else does 1.2 billion go missing? These guys make Jesse James look like a saint. They will get their ...
- JohnnyBSmart replied Dec 14, 2011
tillandran, I will choose the AUDUSD for comment. The .9663 is a major line of support and a bounce off this line is expected. In any event making a trade dead on this line is not recommended. If the PA breaks through by 10-20 pips then it will ...
- JohnnyBSmart replied Dec 9, 2011
Hi Dazz, That is every traders problem sometime in their career. Your thinking is 50 pips in the bank is a good thing so you close the trade. There are a number of ways to keep you in the trade and one that I use is to have intermediate targets. I ...
- JohnnyBSmart replied Dec 9, 2011
Wmn, Another great explanation. This is the best thread on FF. I've tried to tell traders this before but most ignore it. I do the same on breaks or hits of major SR's as well which allows the PA to run either to a trendline or another SR. Johnny
- JohnnyBSmart replied Dec 9, 2011
wmd, Beautifully done.