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- Lythro replied Jul 22, 2020
Hi Guys new to this thread. on the daily i have the count below which looks like we are on wave 5. does anyone else agree?
- Lythro replied Sep 28, 2009
tight stop — Hi this is my first post in this fantastic thread. I have been using ichi for about 8 months and vouch for it. I find it the best tool to give you instant information. Stevewide you manage to keep your stop losses much tighter ...
- Lythro replied Feb 24, 2009
euro relative weakness? — I have been reading the last couple of posts and i am trying to understand where the supposed euro weakness versus dollar would come from. To be honest it looks like the banks have every reason to gun for 1.30 and ...
- Lythro replied Feb 3, 2009
stop loss — if i had to generalize it then most veteran traders i have observed do use a stop loss one way or the other. The issue with stop loss is that you need to be smart about it. If you place your stop at a round number then you are just ...
- Lythro replied Feb 3, 2009
Using a stop loss is the equivalent of saying "you know what i could be wrong, or someone with more market influence than me may feel differently."It's admitting that you do not control the market. To be able to cut loss everytime the market is ...
- simplicity in trading
After spending much time here reading posts on this forum i've decided to place the worlds simplest ...
- Lythro replied Jan 23, 2009
traderchaos — traderchaos if you can't access the charts from work then the only real solution is to trade the day charts which would mean that you only have to dedicate time in the evening to manage trades. Chaos trading bill williams style ...
- Lythro replied Dec 24, 2008
I use this stratergy at times and target the hight of the star as a take profit. What do you use as your target?
- Lythro replied Dec 17, 2008
Sorry about the letters left caps lock on by accident
- Lythro replied Dec 17, 2008
TOO MUCH — Rsi And Macd Basically Measure The Same Thing (overbought/oversold Market) So You Have Too Much. Replace One Of The Two With Adx Which Indicates Strength. And As Has Been Said Above You Need To Know What Your Indicators Are Showing ...
- Lythro replied Dec 15, 2008
resistance for sell order — Just a quick question. Why place a sell order at 1.4455 when resistance is at about 1.4876. doesn't this turn the odds against you as it is less likely for price to stall at 1.4455 ? I got the resistance from the ...
- Lythro replied Dec 14, 2008
since we are guessing — If trend continues then looks like resistance at 1.38730 If long on this then a stop should be around 1.32440 where there is support. Should prices decide to head south with a decisive break of 1.32440 area then the ...
- Lythro replied Dec 2, 2008
hindsight is 20-20 — Actually if you read the posts on this forum (judging by your profile you certainly do) then you should have realised by now that most of the people on here want a blueprint to follow. Very few are concerned with adapting ...
- Lythro replied Dec 2, 2008
systems and trading — I've tried different systems over the past two years and would just like to add my two cents to this post which portrays a misserable picture of forex. Firstly - nearly all systems have their merit. They will always work ...
- Lythro replied Dec 1, 2008
Hi all great to see some gann posts — Gann did his work on paper using closing daily prices. Therefore when using his material in the simplest form which is the Gann grid you are looking to use all time high/low and/or yearly high/low. ...
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