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- mmbmusa replied Jun 11, 2009
Dale, Are you branching just because of the spread? MM
- mmbmusa replied Jun 11, 2009
The weekly pin bar was resting on a very strong resistance line/ppz. I would personally have liked to see a close below it's low to initiate a trade. MM
- mmbmusa replied Jun 11, 2009
I saw the same setup but was waiting for a break to the downside as price was below the day's open! Am i missing something? Back to the drawing board i guess. MM
- mmbmusa replied Jun 11, 2009
You'll be just fine Jim, hang in there. I see a very strong storm reversal pin bar in Texas... MM
- mmbmusa replied Jun 11, 2009
Was going to take the highlighted DIBs but thought against it as it was in heavy traffic. Trumpcard, i thought the DIBS had to be taken after market open hours of 6am GMT? MM
- mmbmusa replied Jun 9, 2009
Well said Supreme. Strategies/methods should be very specific to each individual. Its amazing the results one gets once ones personal style has been established. MM
- mmbmusa replied Jun 9, 2009
Hi Fxterrapin, I've just attached a monthly chart and highlighted the 1980's and all i see is a strong bear market! We've just broken a key level and i feel the market is pausing and has a high probability of re-testing the recent lows that we set. ...
- mmbmusa replied Jun 9, 2009
This is a great thread and will be around long after we've all gone. I look forward to the days when we'll have jnr James16 posting charts here. This is a wonderful thing you started here dude. Thanks for sharing your knowledge and all the good guys ...
- mmbmusa replied Jun 8, 2009
Every task has an optimal mental state that will allow you to accomplish it effortlessly. Mike also puts it beautifully when he said that it is the things we do in between waiting for A++ trades that can prove to be our greatest challenge. I guess ...
- mmbmusa replied Jun 8, 2009
E/U is just fine, It's doing what its done for years. I agree with Forexlion on GBP/JPY; tuesday's session should be interesting. My bias is to the downside. MM
- mmbmusa replied Jun 8, 2009
I went in very heavily on Friday and closed the last 20 contracts at 1.382. I didn't want to wait through any pullback around that price zone. I feel it still has another leg to run though. Lets see. MM
- mmbmusa replied Jun 8, 2009
Hi Fat_TOm, I take it you are looking at the Cable(GBP/USD) daily chart? There is a very strong PPZ on the weekly that suggests we might see prices trade as low as 1.45 (if we are able to break this zone). There is also the weekly pin bar that ...
- mmbmusa replied Jun 8, 2009
SupremeChaos and Krue should get an award from Jim. They certainly Variegate this thread. LOL
- mmbmusa replied Jun 4, 2009
Well said Jim. LOL. [QUOTE=jarroo;2781044] "I prefer to letting a loss take place", you got to change this way of thinking, friend. Losses are avoided or limited as much as possible. Not prefered, are you crazy man. (imo) Jim
- mmbmusa replied Jun 4, 2009
It's always nice to read when someone has placed a trade that is well thought out. Clear concise thinking, not being attached to any trade and knowing what to expect (TP1,TP2,TP3, draw down etc). Great to read that you will be hanging around a lot ...
- mmbmusa replied Jun 3, 2009
EurAud needs to break the 1.77 and pullback with some PA for me to go long. However, depending on your trading plan, you could always trade it to the next resistance level marked on the weekly chart. I guess there is no right or wrong, as long as ...
- mmbmusa replied Jun 3, 2009
Hi Bakko85, Pin bar on EurJpy has very little room to run. It is in some strong traffic. I would wait for it to clear the traffic and play a pull back. MM
- mmbmusa replied May 23, 2009
Requested Translation — Hi Jim, Your requested translation: 'Sycho needs to demo a little longer' and possibly post a few more charts, so that other traders can assist. MM
- mmbmusa replied May 15, 2009
Hi Mike, Just out of interest, what is your handicap in golf? Just checking to see if you are as good a golf player as you are a trader? MM
- mmbmusa replied Aug 27, 2007
95% of traders who fail usually all decide to trade against the Majority at the same time thus becoming the Majority again. Then they keep repeating the process until they eventually understand that the difference that makes the difference is to ...