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EURUSD

  • #572,321
  • Dec 9, 2011 12:38am Dec 9, 2011 12:38am
UK always fooking with the EU, still they need EU themselves. Merkel should at least sit on them or something there.
  • #572,322
  • Dec 9, 2011 12:39am Dec 9, 2011 12:39am
waiting stable the London boy's & short taken below 30 also to see , if back 3309 before next reaction . as per pa 3362-76 possible up before break though .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #572,323
  • Dec 9, 2011 12:40am Dec 9, 2011 12:40am
Quoting FXMastermind
Most of them are...Except for Incrediblle indicator though, that one is just brilliant.
Agree, like Cloggie said yesterday, it's an easy way around things. I just don't want to raise this discussion.
oh, and you forgot FX Babie indicator that got discontinued as a freeware as it got too profitable.
  • #572,324
  • Dec 9, 2011 12:41am Dec 9, 2011 12:41am
Quoting Cerber.bf2
lowering the number of indicators on the chart might positively impact your ability to see things. Of course, I'm not saying that indicators are crap.
I dont realy look at them... I got them on the chart because i`m used to it...
  • #572,325
  • Dec 9, 2011 12:42am Dec 9, 2011 12:42am
Quoting MelbTrader
I often do.

But I also have an irrational mental bias whereby I figure if I set a stop at break even I might as well have never entered the trade in the first place, and if I set a stop in profit, I might as well have taken profit at that level.
Key is to fight with this, i mean mentality and emotions.
Be a robocop with no mental bias and make tradeoffs between breakeven, partial close and trailing stop.
  • #572,326
  • Dec 9, 2011 12:43am Dec 9, 2011 12:43am
Quoting pito201
I dont realy look at them... I got them on the chart because i`m used to it...
You kidding, right?
Quant Hedge Fund CEO
  • #572,327
  • Dec 9, 2011 12:43am Dec 9, 2011 12:43am
Quoting pito201
I dont realy look at them... I got them on the chart because i`m used to it...
I said that because I noticed how they cover half of your screen.
  • #572,328
  • Dec 9, 2011 12:44am Dec 9, 2011 12:44am
Quoting pito201
i guess i get f***ed on that short...
Sl @ -8 pips
  • #572,329
  • Dec 9, 2011 12:45am Dec 9, 2011 12:45am
Quoting pito201
I dont realy look at them... I got them on the chart because i`m used to it...
I think i have the same issue. got my RSI on charts but almost never even look at it, i guess it's a noob thing
  • #572,330
  • Dec 9, 2011 12:46am Dec 9, 2011 12:46am
Quoting pito201
Sl @ -8 pips
and out.....
  • #572,331
  • Dec 9, 2011 12:48am Dec 9, 2011 12:48am
pending short 3360. TP 3260
looking for investors . pm me
  • #572,332
  • Dec 9, 2011 12:53am Dec 9, 2011 12:53am
Quoting Cerber.bf2
I think i have the same issue. got my RSI on charts but almost never even look at it, i guess it's a noob thing

I personally I don't like indicators I think they are a way of deflecting the decision making.

I do occassionally use one, but if I do then I make sure that I fully understand the mathematics behind it first otherwise you are just do the same as buying into a black box system where you have no idea how it works.

For instance how many people use stochastics? and how many people understand what it is telling them mathematically?

some maybe shocked to know that all it is doing is telling you the position of the last close relative to the hi/lo range of the last N bars. and then the result is run through an MA to smooth it and make it less useful....

indicator rant over
  • #572,333
  • Dec 9, 2011 12:54am Dec 9, 2011 12:54am
Quoting Cerber.bf2
Agree, like Cloggie said yesterday, it's an easy way around things. I just don't want to raise this discussion.
oh, and you forgot FX Babie indicator that got discontinued as a freeware as it got too profitable.

There's loads of idiot posters here that work for brokers and will do anything they can to steer you lot the wrong way, seriously could so many muppets here be that crap? There's got to be some kind of conspiracy behind quite a few of them, if not this place should be studied and analysed, rarely has such a large collection of failures come together in one place.
  • #572,334
  • Dec 9, 2011 12:56am Dec 9, 2011 12:56am
Funny, I see Incrediblle lurking down there... didn't realize he lost some vouches (down to just 8 idiots now).
check out my blog: forexmademillionaire dot com
  • #572,335
  • Dec 9, 2011 12:56am Dec 9, 2011 12:56am
Quoting FXMastermind
You kidding, right?
I think its useless to start a discussion about or how i use my indicators. in future i post clean charts for you all....
  • #572,336
  • Dec 9, 2011 12:57am Dec 9, 2011 12:57am
yeah, deflecting and distracting effect.
people are lazy to do analysis, draw lines etc, they just want a green or a red arrow/dot/line/whatever to rely on and gain that "comfort", "ahhh, i'm long because my parabolic told me too, should be ok, feeling good"
  • #572,337
  • Dec 9, 2011 12:57am Dec 9, 2011 12:57am
Quoting Geppy
Funny, I see Incrediblle lurking down there... didn't realize he lost some vouches (down to just 8 idiots now).
noticed that too, lol
  • #572,338
  • Dec 9, 2011 1:00am Dec 9, 2011 1:00am
Todays low has been tested half a dozen times in last couple of weeks seems strong resistance the whole financial world is watching I'm feeling optimistic but then i always am. tighter than normal stops today for me.
  • #572,339
  • Dec 9, 2011 1:00am Dec 9, 2011 1:00am
contact Cloggie's " one eyed purple people eater"
30
  • #572,340
  • Dec 9, 2011 1:01am Dec 9, 2011 1:01am
Quoting cloggie
eyes on 3342 .

Simples.
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