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  • #35,021
  • Sep 29, 2008 10:17am Sep 29, 2008 10:17am
AK4x and MTF test,remember what i posted 7hrs ago?let me refresh ur memories..there's a psychological explanation behind almost everything..

Quoting zeus_ares86
i would probably wait for a candlestick to close at somewhere around 4300 on the 4hr TF or form a doji to confirm the reversal...im waiting for the price to pullback before it goes north..thx 4 the link..
  • #35,022
  • Sep 29, 2008 10:18am Sep 29, 2008 10:18am
Quoting acumen
Who recommended you read that?



PS - The single best book on markets for traders. IMO.
I forget, but it was someone on these boards. you maybe?
  • #35,023
  • Sep 29, 2008 10:21am Sep 29, 2008 10:21am
Quoting acumen
That may be a little bold but... this game is very much about emotion intelligence.

Follow the rules... you stand a very good chance of winning.
to elaborate we all have our own rules which we trade by. these rules are supposed to be our winning strategy. if we have the emotional intelligence as you say to follow the rules as you also say we should be able to eliminate any wrong bias we may hold towards the markets which in turn leads to at least staying above even thus we control the markets in our favor regardless of where the price action goes
Different opinions highly valued, ignorant to slander.
  • #35,024
  • Sep 29, 2008 10:23am Sep 29, 2008 10:23am
Quoting kasper
I forget, but it was someone on these boards. you maybe?
But I've been pushing this book on these forums since my site was live last year.

http://www.thefxpivotpoint.com/RecommenedBooks.htm
  • #35,025
  • Sep 29, 2008 10:26am Sep 29, 2008 10:26am
Quoting acumen
But I've been pushing this book on these forums since my site was live last year.

http://www.thefxpivotpoint.com/RecommenedBooks.htm
I got it from someone here too and forgot who.. I cant find it in any store in my country.. I'll have to order it via internet.. since many have read it.. I think its worth buying.. I'll get the book ASAP
Money often costs too much...
  • #35,026
  • Sep 29, 2008 10:28am Sep 29, 2008 10:28am
Quoting indotrader
I got it from someone here too and forgot who.. I cant find it in any store in my country.. I'll have to order it via internet.. since many have read it.. I think its worth buying.. I'll get the book ASAP
definitely worth buying imho. definitely obtained a lot of insight into the market, myself and my trading plan. i only read it once, but will read it again after I finish the current book i'm on.
  • #35,027
  • Sep 29, 2008 10:31am Sep 29, 2008 10:31am
Quoting kasper
definitely worth buying imho. definitely obtained a lot of insight into the market, myself and my trading plan. i only read it once, but will read it again after I finish the current book i'm on.
I'll order it ASAP , wonder if theres any other books you could recommend ? I love books
Money often costs too much...
  • #35,028
  • Sep 29, 2008 10:36am Sep 29, 2008 10:36am
many of posts are out of topic, please post strictly on eur/usd analisys, not the strategies about your own way of risck mangment and atohers.
  • #35,029
  • Sep 29, 2008 10:38am Sep 29, 2008 10:38am
Quoting scuturici
many of posts are out of topic, please post strictly on eur/usd analisys, not the strategies about your own way of risck mangment and atohers.
if thats what you think you are in the wrong forum buddy.

yes this is eur/usd thread but it is also a community

people within the community are curious about what other people within the community do

and if you cant understand that...you can ignore all people you choose..there is ignore button in profile designed just for you
Different opinions highly valued, ignorant to slander.
  • #35,030
  • Sep 29, 2008 10:44am Sep 29, 2008 10:44am
Quoting indotrader
I'll order it ASAP , wonder if theres any other books you could recommend ? I love books
Me too I get complaints about the huge boxes of books I order.

My favourites are probably Both Market Wizard books and Reminiscences of a Stock Operator. I also liked curtis faiths the way of the turtle (I have probably read over 50 books on trading)

I don't have the financial freedom book but one thing that amazes me is that the author doesn't trade himself.

edit: Acumen btw it was not Seykota who said the one of the 3 books thing, it was Rolf Sigrist
  • #35,031
  • Sep 29, 2008 10:44am Sep 29, 2008 10:44am
Quoting acumen
But I've been pushing this book on these forums since my site was live last year.

http://www.thefxpivotpoint.com/RecommenedBooks.htm
I got the suggestion from you Acumen, and it has helped me so much. Couldn't thank you again. Reading it for the second time now
  • #35,032
  • Sep 29, 2008 10:49am Sep 29, 2008 10:49am
Quoting mikkom
Me too I get complaints about the huge boxes of books I order.

My favourites are probably Both Market Wizard books and Reminiscences of a Stock Operator. I also liked curtis faiths the way of the turtle (I have probably read over 50 books on trading)

I don't have the financial freedom book but one thing that amazes me is that the author doesn't trade himself.

edit: Acumen btw it was not Seykota who said the one of the 3 books thing, it was Rolf Sigrist
I have just write all that down on my list.. thanks mate !
Money often costs too much...
  • #35,033
  • Sep 29, 2008 10:50am Sep 29, 2008 10:50am
things according to plan....another trendline broken...the only thing that remains is 61.8% retracement from the low which is around 1.4365 before a new low is made...it may act as a support...to be seen

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Different opinions highly valued, ignorant to slander.
  • #35,034
  • Sep 29, 2008 10:51am Sep 29, 2008 10:51am
this is my forecast of where the eurusd pair will go for this week..i think the market will start going north,my first target is 4864..it will most likely go further..btw,with the news affecting the market,u can never be right all the time..therefore, it's good to have a risk n money management skills at ur disposal..these skills will keep u in the game long enough to make u rich..remember,the market doesn't moves by itself,traders and institutions moves it..think of what the herd will do..there's a psychologial reason behind almost everything..juzmy worthless advice
  • #35,035
  • Sep 29, 2008 10:54am Sep 29, 2008 10:54am
How are you doing people? What will be the currency marketsī behavior? After the expected fundamental ($700Billions to save the financial market) hos is the dollar going to react? Will it recover against the euro and pound?
Will we go as low as 1,42970 or even more?
  • #35,036
  • Sep 29, 2008 10:55am Sep 29, 2008 10:55am
Quoting scuturici
many of posts are out of topic, please post strictly on eur/usd analisys, not the strategies about your own way of risck mangment and atohers.
Risk management, strategies and money management are central constructs to trading this pair or any other instrument.
  • #35,037
  • Sep 29, 2008 10:57am Sep 29, 2008 10:57am
Ive closed my short and looking to readd.. price now at MA 100 sup.. usually it bounces to certain MA res
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Money often costs too much...
  • #35,038
  • Sep 29, 2008 10:58am Sep 29, 2008 10:58am
Quoting acumen
The best article yet.

We've witnessed a lot of turd cutters posting third grade economic prognostications about the bailout.

This guy is solid.

Mike

http://www.forexfactory.com/news.php?do=news&id=109971
read that article marcuse...its got great insight
Different opinions highly valued, ignorant to slander.
  • #35,039
  • Sep 29, 2008 11:03am Sep 29, 2008 11:03am
Is this your site? if so NICE!!

thanks for the info!


Quoting acumen
But I've been pushing this book on these forums since my site was live last year.

http://www.thefxpivotpoint.com/RecommenedBooks.htm
  • #35,040
  • Sep 29, 2008 11:03am Sep 29, 2008 11:03am
Quoting mikkom
Me too I get complaints about the huge boxes of books I order.

My favourites are probably Both Market Wizard books and Reminiscences of a Stock Operator. I also liked curtis faiths the way of the turtle (I have probably read over 50 books on trading)

I don't have the financial freedom book but one thing that amazes me is that the author doesn't trade himself.

edit: Acumen btw it was not Seykota who said the one of the 3 books thing, it was Rolf Sigrist
I would be illegal for me to post a quote that was incorrect.

Throw Ed an email - he'll tell you what he said.

m
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