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- 12345abc replied Aug 10, 2008
#1..Jesus was not sent here to trade the forex #2..Not all traders are greedy or hipocrites..thats up to you as an individual #3..Absolutley correct...keep it in context....treasures should not be a proirity above heaven #4.. if the Poor are trading ...
- 12345abc replied Aug 10, 2008
Boy...I could go a while on this.......money is not evil or un-Christian....it's what you do with it.......God has given me a talent and I am using it....I use my talent to change other peoples lives for the better financially.....there is nothing ...
- 12345abc replied Aug 10, 2008
The further you investigate the clearer the pictures off the charts become....
- 12345abc replied Aug 10, 2008
If you want to be a trader...study human nature www.socionomics.com hit the Historys hidden engine icon to start your path
- 12345abc replied Aug 10, 2008
I was in a buy on the usd/cad for a while...it went much further than I thought and off it went......to answer your question, at least for me...if I am not confident enough to trade a full position, then I am guessing and/or hoping....so I won't do ...
- 12345abc replied Aug 10, 2008
I have Monthly goals each month as minimums.....with the caveat that I take what the market gives.....never hooked on the number because I exceed the minimum regularly I know if I fall short this month, next month will probably make up for ...
- 12345abc replied Aug 7, 2008
I'll throw this in....we are in a 4th wave...expected retrace of a 4th wave is 38% of wave 3....another normal objective is for the 4th wave to enter into the price territory of the prior wave 4 of lesser degree...both criteria are met at 76.50 ...
- 12345abc replied Aug 7, 2008
[quote=SunTrader;2151454]A 5 wave correction you say???? [quote] in an a,b,c correction...c is 5 waves......this was the 5 wave move I was refering to when I stated we are looking for 76.50. sometimes the printed word doesn't come across as clear as ...
- 12345abc replied Aug 6, 2008
July and Aug are retrace months in the forex......even the impulse moves on the commodity pairs are retraces of the 1st half of the year...market movers have thier toes in the water at a 5 star resort.....when they get back after Labor day....the ...
- 12345abc replied Aug 6, 2008
I think you should learn to read or look at other posts I have made on other threads helping folks out.........
- 12345abc replied Aug 6, 2008
Rabid made the most valid point as per the question.....no 1 announcement is going to change the long term outlook for a pair......but if you are trading a 5 min chart or an intra day trade....you had better be aware of what news is coming out to ...
- 12345abc replied Aug 5, 2008
oscillators are oscillators are oscillators.........
- 12345abc replied Aug 4, 2008
15 min EW counts are nightmares.....the longer the time frames, the easier it is to see the waves......easiest, if you have the nads to stay in trades is 1 day and 1 week charts. basic tennent.....the higher degree the easier to trade ...
- 12345abc replied Aug 3, 2008
because it is......over the course of a year, I earn OVER 10% per month....worse month I have had this year was a -5%....best was over 20%......longer time frame trading and knowing the tipping points to want to be trading is the key........
- 12345abc replied Aug 3, 2008
It depends on where it is in the cycle if it forms off 5,5,5,5 then it's at least an extreme corection....if it happens of just one count of 5 (small degree) it's a wave 2
- 12345abc replied Aug 3, 2008
H&S are reversal patterns and found at the end of trends....H&S in an uptrend and inverse H&S in a downtrend...they are created by waves 3,4,5,A,B, and C breaks the neckline..........if these #'s are not you're wave count, you are not looking at a ...
- 12345abc replied Aug 2, 2008
Leverage does not make you 1 extra dime on a trade...High leverage allows you to trade to much of your account on a trade because it is what determines margin hold back.........If you trade 3% of your account on a trade, and use say a 100 pip ...
- 12345abc replied Aug 2, 2008
How about what?
- 12345abc replied Aug 2, 2008
I make 400-1000 pips per month....I do it by trading 4 hr and 1 day charts 90% of the time....Currency moves in the same patterns on every chart but the smaller time frame you are trading with, the smaller the fractal.....150-200 pips per month can ...
- 12345abc replied Aug 1, 2008
Indicators are just 1 tool....if you rely on only 1 thing to enter trades you will get eaten for lunch......I love it when an indicator is on my side, but never enter a trade solely based on the indicator.....I believe price action is more important ...