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Are you a trend trader or a counter-trend trader? 29 replies
A beginner trader vs pro trader 15 replies
from retail trader to full-time trader 17 replies
Discipline Trader and Voice Trader EA/IND 16 replies
Dislikedtj, to have such a long-term view from 2002 and only to be only long since then is not smart in my opinion. look at price going down in 2014 from 1.4000 to 1.0500 in 2015 - you`re still long with a massive drawdown? would rather be a swing trader.Ignored
DislikedTJ, I see that you are a new trader to FF. Please give us some background information about yourself and your trading history. This will help to get your thread up and running. We all like to hear from people with innovative ideas to help us retail traders. Regards, Dr. JackIgnored
DislikedTrader Joe, Most traders have been there, done that. Friggin indicators!!! It is NOT the way to go. It almost always look good until you do it for real money. Then it all goes south. One thing that i thing is WAY overrated is money management. I am not saying you should be all in all the time. Of course not! But the main thing is to be on the right side of the market most of the time. Anyway, keep coming. I am waiting for the juicy bits... InsiderIgnored
DislikedAs I said, we are at a major turning point in the EUR/USD. The only other range larger than the only on the right is the left of the trade. Our bias is long! {image}Ignored
Disliked{quote} Hi Joe, My bias is short. Just maybe not right now, but I'd much rather be short. I would prefer to wait for that 200EMA to be destroyed before I go long (longterm) EU. I'm also keeping my eye on that 1.18 to 1.24 resistance level. If price doesn't cleanly break it, there is no way I'd be taking long positions. I would much rather wait this one out. {image} I'm not here to spoil anybody's party, nor am I here to doubt you. I'm just extremely cautious when it comes down to trend lines. Sorta like divergence, so easy to see things how you'd...Ignored
DislikedExcuse me but here come the indicators. What is so special about 200MA ? Why not 100 or 55 or 34 or 21? FIB numbers if you noticed.Ignored
Disliked{quote} Ah, I should have mentioned this. We do not use them as part of a cross-over system that lags. For example, "take a short then the 20 MA crosses the 200 MA", and so on. We use them as support and resistance and to establish bias of the trend. Make more sense?Ignored