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how long do you consider a trade before entering?

  • #21
  • Apr 23, 2006 6:28am Apr 23, 2006 6:28am
Quoting thdbird83
How long to consider to deicde a position?

< 5 mins?
< 10 mins?
< 15 mins?
< 30 mins?
< 1 hour?
< God Bless Me?
what about ( usd / cad) at this week , do you think what i think that the dallars may be declined mor especialy after hikes in rates .25% BY FEDERAL BANK OF CANADA

THANK YOU
  • #22
  • Apr 23, 2006 7:10am Apr 23, 2006 7:10am
go for it!

my dog just pee'd on the rug.

JOHN 3:16
  • #23
  • Apr 23, 2006 7:59am Apr 23, 2006 7:59am
lol, thats an interesting question about my system. Like I said, it only works in my yard! I wouldn't make any trade

now thats a disciplined trader!
I keep a close watch on this chart of mine...
  • #24
  • Apr 23, 2006 8:03am Apr 23, 2006 8:03am
Hi MIB,

I am kinda new to this method. I don't have a dog, so could you maybe post a chart and a few of your signals... Have you got any MT4 indicators that might help? I know that would help me... Besides I haven't been having much luck with the Mystic 8 ball lately. It just keeps saying "better ask me later." I think it's stuck or something after I threw it against the wall, because of a loosing trade...

Thanks in advance, scott

Ps, I was not sure how to vote for thdbird83, but now I feel obligated to go vote... I'm going to go check the neighbor's annoying yap dog first though...



Quoting ManInBlack
oh yeah, I have to confess, I didn't invent the doggy system. It is rob bookers system. I got a dog and a house with a yard that faces south. I have motion sensors that wake me up when he is in that area of the yard. (this is a 24 hour system, and he has a doggy door)

I am working on an auto trade system that uses a video camera and pattern recognition system, that will know when he is specifically peeing. That way i can build a robot to feed and clean him automatically, and just spend the rest of my life flying jet planes full of women to my next adventure.
  • #25
  • Apr 23, 2006 8:31am Apr 23, 2006 8:31am
OK, can i have two answers?
I often times will be watching 15 min candles and enter at candle close so i'll say < 15 mins? and I ALWAYS, in ALL things ask; < God Bless Me, but the later is not realy a question as much as a statement as i know he does in each breath.

Now onto the doggy thing, well we no longer have our ferrets running around here, but i'd have to say that when they grab the green slot car off the slot car track i'd to Long, and if the grab they red one i'd go short ; - ) (this was honestly part of our entertainment for many years - the slot car grab and hide thingy with the ferrets...real pack rats they are!)

Thom
  • #26
  • Apr 23, 2006 8:37am Apr 23, 2006 8:37am
Wow, Now this is beginning to sound like Vegas' description of his trip to a casino with Vegas Junior and the Roulette wheel and momentum...

Now I think we are getting the basis for a 4 hour trading method... We need to get an 8 MA on that... Of course the real test is if you have the discipline to stick to your plan... Scott


Quoting accrete
OK, can i have two answers?
I often times will be watching 15 min candles and enter at candle close so i'll say < 15 mins? and I ALWAYS, in ALL things ask; < God Bless Me, but the later is not realy a question as much as a statement as i know he does in each breath.

Now onto the doggy thing, well we no longer have our ferrets running around here, but i'd have to say that when they grab the green slot car off the slot car track i'd to Long, and if the grab the red one i'd go short ; - )

Thom
  • #27
  • Apr 23, 2006 9:15am Apr 23, 2006 9:15am
the way we use the MA indicator in this system is you need to carry a doggy poop bag around then after your dog is finished you need to take it into the house and depending on how much it weighs, that is the amount of lots to buy or sell.
JOHN 3:16
  • #28
  • Edited 1:26pm Apr 23, 2006 9:22am | Edited 1:26pm
No no, I don't have a dog. I am leaning to the red and green slot car method... Besides, it seems less, well messy... thanks Scott

Ps, did everyone vote? now we owe it to tbird83

Quoting renasdad
the way we use the MA indicator in this system is you need to carry a doggy poop bag around then after your dog is finished you need to take it into the house and depending on how much it weighs, that is the amount of lots to buy or sell.
  • #29
  • Apr 23, 2006 9:45am Apr 23, 2006 9:45am
I have laughed more this AM than I have in a very long time when working with the Forex market...........

So I would like to share two methods I've used recently:

I tried throwing darts at a chart to determine up or down trend, but stopped using this method when I broke my second monitor.

I met someone who claimed to be a psychic and assured me that by "looking" at a chart, they could predict price action and therefore guide my trades. "How did that work out" you ask? Well...........unlike others on this thread, I have not made 34 billion dollars this week and do not have a private jet filled with beautiful women waiting to take me to my next adventure.

In fact, later today I am planning a trip to the local dog pound in search of a FPCU..........(Forex predicting canine urinator).
  • #30
  • Apr 23, 2006 2:06pm Apr 23, 2006 2:06pm
ahhhh this thread is really building to a serious climax, I can tell there is something that we are coming to.

You see, everyone needs to just break out into a new evolution here. Pretty soon boring fundamentals and technicals will take a backseat to the almighty oracle. One day we will all see the light.

Imagine this! If I just put a live webcam on my backyard, and the world catches on, we will all buy at the same time! The price will go up until everyone is long, and then we will all sell at the same time and the price will go down! We will all become billionaires. Unfortunately this couldn't last forever, and of course, something will have to break. Some kind of international intervention.

But we will be incredibly rich and we wont care.

Now, I will start offering a subscription to my webcam... only 10 dollars a minute! That way you can start watching when I put my dog out. I think this is a great way to give the best value.
I keep a close watch on this chart of mine...
  • #31
  • Apr 23, 2006 2:07pm Apr 23, 2006 2:07pm
you guys are crazy and funny and great!
I keep a close watch on this chart of mine...
  • #32
  • Apr 23, 2006 2:37pm Apr 23, 2006 2:37pm
Quoting ManInBlack
ahhhh this thread is really building to a serious climax, I can tell there is something that we are coming to.


We will all become billionaires. Unfortunately this couldn't last forever, and of course, something will have to break. Some kind of international intervention.

But we will be incredibly rich and we wont care.

Now, I will start offering a subscription to my webcam... only 10 dollars a minute! That way you can start watching when I put my dog out. I think this is a great way to give the best value.

MIB,

The only time this will stop working is if your dog dies. When that happens maybe we should consider a cow because we all know cows have a lot more dookie.
JOHN 3:16
  • #33
  • Apr 24, 2006 12:45am Apr 24, 2006 12:45am
hahahahahahahahahahah
I keep a close watch on this chart of mine...
  • #34
  • Apr 28, 2006 5:19pm Apr 28, 2006 5:19pm
In all seriousness, this is begining to sound a lot like a game we used to play ... Let me start at the begining.

I grew up in a rural US community in Montana. To give you an idea my grade school class was 12 kids. And we had carnivals to raise money for things the class wanted to do. And at the carnival my class had a game called "Chicken Bingo". And our class always made the most money every year.

We had a large board 6 feet by 6 feet divided into 1 foot squares totalling 36 squares in all surrounded by a fence. Squares were sold at $2 a square early in the evening and eventually crept up to $10 a square as interest built throughout the evening. When all the squares were bought enter the chicken stage left. The chicken would wander around the board and excitement mounted. Finally the chicken would drop a load and whoever's square it landed on won half the pot. More of a cross between bingo and roulette.

Maybe we could modify it with squares labeled with pairs and long or short orders. We could have the most traded 18 pairs each with two square, one long and one short.

Hmmmmm......
69.3% of all statistics are made up on the spot.
  • #35
  • Apr 29, 2006 10:26am Apr 29, 2006 10:26am
hmmm interesting concept

http://www.princeton.edu/~pear/

There is a study of how trying to manipulate an outcome with your mind actually works.

I think that if you just sat at the screen, and placed orders based on your intention to win, that eventully based on this esteemed reseach, that you would win. (based on money management)

So there we go.

Amazing really
I keep a close watch on this chart of mine...
  • #36
  • May 7, 2006 2:52am May 7, 2006 2:52am
Quoting ManInBlack
hmmm interesting concept

http://www.princeton.edu/~pear/

There is a study of how trying to manipulate an outcome with your mind actually works.

I think that if you just sat at the screen, and placed orders based on your intention to win, that eventully based on this esteemed reseach, that you would win. (based on money management)

So there we go.

Amazing really
I love it.

What happens when we all think at our monitors? Do the pairs get permanently stuck trading sideways?

But how about getting together in groups, like witches covens, and seeing if we could not group-think the pair the way we want it to go. That way the biggest group would get the outcome they want. I will even volunteer my dog to help with the group-think. After all when he puts his nose on the screen and I follow his choices, I tend to have a higher success rate. Do you think he knows something that I don't?

Keep up the good work, we need the comic relief. Do you think you could bring some livity to some of the other forums?
  • #37
  • May 7, 2006 1:13pm May 7, 2006 1:13pm
I always try to make the candlestick move with my mind. It doesn't work too great though, maybe it's because I'm all hopped up on caffeine that I am unable to manipulate the market with my mind. ............. I'm not quitting caffeine though, so I need a different method.
  • #38
  • May 7, 2006 3:35pm May 7, 2006 3:35pm
My orders are already in place at the beginning of the week....I have no thought timing at all. If the level is hit, it's hit.
Capital Preservation is key to long term wealth accumulation
  • #39
  • May 7, 2006 5:13pm May 7, 2006 5:13pm
Quoting MuddBuddha
My orders are already in place at the beginning of the week....I have no thought timing at all. If the level is hit, it's hit.
Ditto...................
  • #40
  • May 7, 2006 5:16pm May 7, 2006 5:16pm
Hey Mudd,

All of your orders are in at the start of the week? Cool - could I borrow your crystal ball?
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