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- XLInvestor replied Jun 4, 2008
GBP Long only — What's up with this thread lately? It seems most of the posts are all G/U long only. Look at your charts, seems like an established down trend and a well defined range, until the range is broken or the major trend line is ...
- XLInvestor replied Dec 31, 2007
20/20 — The trades take 2-4 weeks depending on how often you can be available to trade. The risk is in the first 5 trades but only 200.00 dollar risk. If someone can tell me how to start a thread I will start a thread and explain how it works.
- XLInvestor replied Dec 31, 2007
20/20 — The system is called 20/20 and I have a skype group I make the trade calls on. You start with 200.00 usd and at the end of the 20 steps you have 7500.00 dollars. I run the skype room and make trade calls with the help of a few people.
- XLInvestor replied Dec 31, 2007
My system starts with 200.00 and gets to 7500.00 but it is a system I run (no charge or fee or anything to sell) with a group monthly. Best to have a balance of at least 1000.00 usd or equivelant.
- XLInvestor replied Dec 31, 2007
The ups and downs — I have been consistent for years after developing my own system. I keep posting here the most important thing in trading is EXIT EXIT EXIT. You must have an exit plan for good and bad trades. My number 2 rule in trading is ...
- XLInvestor replied Dec 29, 2007
A good ride — Thanks for the sanity Fman. Next couple weeks could be exciting if the same type of trading environment from January's past is any example. There has been extreme movements in January and sometimes the direction sets the tone for ...
- XLInvestor replied Dec 26, 2007
A template is your entire set up and layout on MT4. Just go to charts and template and save as, then give it a name then go to the program files find the file and post it.
- XLInvestor replied Dec 26, 2007
You should have an account that you can enter a position in the same currency as your current position instead of a stop. Then you have a better chance to work out of the negative position instead of taking a loss.
- XLInvestor replied Dec 26, 2007
You must have an account that you can hedge. All pro traders have the ability to hedge when the price moves against their position. As stated many times, the most important thing in trading is your exit period, win lose or draw you must have a plan ...
- XLInvestor replied Dec 26, 2007
Nice system getting the feel for it, can you post a template?
- XLInvestor replied Dec 24, 2007
The price of success is never paid for with money, it is earned with time, tears, trials and errors and never giving up. Sounds like you found more than success, you found out who you are.
- XLInvestor replied Dec 23, 2007
All good things must come to an end. Just remember Warren Buffet lost billions in 2005 shorting the USD and he had at his disposal the best FX people money could buy. Beware things are not as the were.
- XLInvestor replied Dec 23, 2007
The Most Important Thing — The most important thing in trading is by far without a doubt, hands down or whatever cliche you want to put here, THE EXIT. Weather you have a profit or loss your exit is the absolute most important factor in ...
- XLInvestor replied Dec 22, 2007
I will say this. Holiday trading will be difficult at best. I suspect the market will be in a very tight range till the London open after Christmas. As far as a pause, the 1.9810 level is a support level at this point. I read a comment about ...
- XLInvestor replied Dec 22, 2007
I have to say that as of late I have been posting more and more. I have been a professional trader int he forex for 5 years and in equities and options for 15 years, not that it matters much, you are only as good as your last trade in this world. I ...
- XLInvestor replied Dec 22, 2007
What's all the bull about? — Just one question! Why does it matter if the GBP moves up? As a trader I do not theoretically care whether the GBP/USD moves up or down. All I care is that it moves and I am on the right side of the movement to ...
- XLInvestor replied Dec 22, 2007
IMO means "In My Opinion"
- XLInvestor replied Dec 22, 2007
The only sure thing in this market is that it will move up/down/sideways. Rationale, unjustified movements, need and other hopes will not make the GBP move. Traders trading will move the market. From my past experience the forex markets move more ...
- XLInvestor replied Dec 19, 2007
Where in the world of economics does this fit in? Just wondering
- XLInvestor replied Dec 19, 2007
Trend Is Your Friend - Until it Ends — Looks like all the wrangling about the direction of the GBP was finally answered today. You know the saying the trend is your friend until it ends. Well, did it end? Is this just a correction? Only time ...