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- fourexcellence replied Jan 8, 2010
Wow, if you're having trouble finding indicators that fail...I DEFINATELY want to talk to you! LOL.
- fourexcellence replied Jan 6, 2010
I respectfully disagree...candlesticks are not indicators... — Candlesticks in themselves are NOT indicators (candle stick patterns may be)...they are a record of the market PRICE ACTION; and in a dynamic market like FOREX, PRICE is really the ...
- fourexcellence replied Jul 2, 2009
Thanks for merging the threads, Mods. I see I am a little late to the "party," but glad I found it...I think!
- fourexcellence replied Jul 2, 2009
If true, I think the NFA is using their political clout to kill retail FX because it is taking liquidity and traders away from their futures market. What's up NEXT...a f#ing LAW that says US FX traders can't open accounts outside the country?
- fourexcellence replied Jul 2, 2009
New NFA rules on Forex beginning 8-1-2009? — I received this in an email and it infuriates me , if true. Does anyone here know anything about whether this may be true or bogus? All serious feedback appreciated, thanks. Hereit is: A major new ...
- fourexcellence replied Jan 25, 2009
Better to be out of the market and wishing you were in; rather than to be in the market, wishing you were out.
- fourexcellence replied Nov 7, 2006
Then start waiting and looking for the next one!
- fourexcellence replied Nov 7, 2006
Just an aside, I have a trading buddy and we chat every morning while we trade. Whenever I start a sentence with..."I think the market will...," or "I hope the GBP...," or "I think we'll see a retraceof...," etc. , he stops me in mid sentence and ...
- fourexcellence replied Nov 7, 2006
Yes, the plan defines my trade for me in specific, non-interpretive details. Until my trade shows up in the market...I sit on my hands, ie, do nothing. Once my trade appears, I take it exactly as the plan dictates...by that time all feeling and ...
- fourexcellence replied Nov 7, 2006
oh, I found how to post with attchments...DUH! Attached is a copy of my plan...it is intended as an example only. Also, please note it contains specific references to the system I am using, so don't be confused about that. The plan should be ...
- fourexcellence replied Nov 7, 2006
Micardo, Yes, I've found that it has made THE DIFFERENCE in my trading! I'd be happy to post my plan as a .doc attachment, but being a noobie here, I'm not quite certain how to do that...can anyone help me with that?
- fourexcellence replied Nov 7, 2006
A plan in its most simplest terms, is a written (it doesn't work if you do it out of your head; the whole idea is to get it out of your head!) set of rules which detail under which exact circumstances one may enter, stay in and exit the market. ...
- fourexcellence replied Nov 7, 2006
Have you made and actually use a trading plan? Amazing how many traders don't! Sytstems alone can't guarantee any predictible on-going success unless you act on them thru the discipline of a good trading plan. Continuity of profit cannot be achieved ...
- fourexcellence replied Jul 3, 2006
FAIL your way forward to success. Make certain you are trading the MARKET and NOT a particular system or set of indicators. Keep going, because the only way you are guaranteed of failure is to quit. Hope my very first post on this board helps you a ...
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