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Trading For Those With a 9-5 Job

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  • Post #2,181
  • Quote
  • Feb 7, 2013 9:12pm Feb 7, 2013 9:12pm
  •  golferfx
  • | Joined Mar 2008 | Status: jr member | 589 Posts
Olu,

I always think of what can happen based on history.

Enclosed, longer term back to 1960's which is not that far back.

I have charts back to the 1860's.


golfer
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  • Post #2,182
  • Quote
  • Feb 9, 2013 12:47pm Feb 9, 2013 12:47pm
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Dollar Index
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Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,183
  • Quote
  • Feb 9, 2013 12:48pm Feb 9, 2013 12:48pm
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Live Cattle
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Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,184
  • Quote
  • Feb 9, 2013 12:49pm Feb 9, 2013 12:49pm
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Corn
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Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,185
  • Quote
  • Edited 2:38pm Feb 9, 2013 1:28pm | Edited 2:38pm
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Copper

Copper is well correlated with the sp500. If the stock market is going higher - which is expected next week - then up and up we go.
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Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,186
  • Quote
  • Feb 9, 2013 3:51pm Feb 9, 2013 3:51pm
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Soybeans
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Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,187
  • Quote
  • Feb 9, 2013 4:22pm Feb 9, 2013 4:22pm
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
GbpUsd
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Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,188
  • Quote
  • Feb 10, 2013 12:12pm Feb 10, 2013 12:12pm
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
CadJpy

Why did I chose this pair and not the very funky eurjpy and gbpjpy or even audjpy? Because the EW count was clearest. I do admit that I have rudimentary knowledge of the method. Anything more than a clear 12345ABC, triangle, flat, zigzag and I am out (lol)
Because of the jpy weakness the best guess says up but then this market is not about guessing. It is about price action.


Olu
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Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,189
  • Quote
  • Feb 10, 2013 12:54pm Feb 10, 2013 12:54pm
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
EurJpy
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Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,190
  • Quote
  • Feb 11, 2013 7:58am Feb 11, 2013 7:58am
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
EurGbp - Uptrend Resuming?
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Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,191
  • Quote
  • Feb 11, 2013 10:03am Feb 11, 2013 10:03am
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
GbpNzd
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Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,192
  • Quote
  • Feb 11, 2013 8:39pm Feb 11, 2013 8:39pm
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
March Sugar
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Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,193
  • Quote
  • Feb 11, 2013 8:40pm Feb 11, 2013 8:40pm
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Live Cattle
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Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,194
  • Quote
  • Feb 11, 2013 9:36pm Feb 11, 2013 9:36pm
  •  mypipbull
  • Joined Mar 2009 | Status: Member | 1,052 Posts
Quoting Olu
Disliked
March Sugar
Ignored
I'm with you on this one......I have waited so long for this to move up and will keep waiting.
Price must clear that trendline then we could be off.
 
 
  • Post #2,195
  • Quote
  • Feb 12, 2013 2:58am Feb 12, 2013 2:58am
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Quoting mypipbull
Disliked
I'm with you on this one......I have waited so long for this to move up and will keep waiting.
Price must clear that trendline then we could be off.
Ignored
Thanks MPB. This one has taunted me many times...
Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,196
  • Quote
  • Feb 12, 2013 5:20am Feb 12, 2013 5:20am
  •  msia.metal
  • | Joined Jan 2013 | Status: Member | 92 Posts
Hi Olu

I always have the thinking that trading commodities could be better that currencies.
Reason - It is a daily consumption for commodities by ppl in daily.

What is your comment?

Cheers
 
 
  • Post #2,197
  • Quote
  • Feb 12, 2013 7:40am Feb 12, 2013 7:40am
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Quoting msia.metal
Disliked
Hi Olu

I always have the thinking that trading commodities could be better that currencies.
Reason - It is a daily consumption for commodities by ppl in daily.

What is your comment?

Cheers
Ignored
you are right MM.

Commodities are tangible like orange juice, crude oil, corn wheat unlike forex i.e paper assets QE1000 etc

Commodities have growing cycles and therefore price cycles unlike forex that is constant throughout the year

Commodities are finite in quantity unlike money printing in forex

This makes for a better market sometimes

Olu
Find a trend and milk it for all it is worth. That's how to be profitable
 
 
  • Post #2,198
  • Quote
  • Feb 12, 2013 8:38am Feb 12, 2013 8:38am
  •  msia.metal
  • | Joined Jan 2013 | Status: Member | 92 Posts
Quoting Olu
Disliked
you are right MM.

Commodities are tangible like orange juice, crude oil, corn wheat unlike forex i.e paper assets QE1000 etc

Commodities have growing cycles and therefore price cycles unlike forex that is constant throughout the year

Commodities are finite in quantity unlike money printing in forex

This makes for a better market sometimes

Olu
Ignored
Thanks for your comments.

Many MT4 offer silver and gold.
Other that, is there any M4 broker that offers e.g. corn, wheat, oil palm... you can recommend?

Again, thanks for your time.
 
 
  • Post #2,199
  • Quote
  • Feb 12, 2013 9:51am Feb 12, 2013 9:51am
  •  Rulez
  • | Joined Jan 2013 | Status: Member | 25 Posts
AVA FX offers everything.....

Quoting msia.metal
Disliked
Thanks for your comments.

Many MT4 offer silver and gold.
Other that, is there any M4 broker that offers e.g. corn, wheat, oil palm... you can recommend?

Again, thanks for your time.
Ignored
 
 
  • Post #2,200
  • Quote
  • Feb 12, 2013 1:59pm Feb 12, 2013 1:59pm
  •  Olu
  • Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
I use Metatrader4 on Alpari-UK for forex
Another Alpari-UK account for corn, sugar, crude oil and soybeans.
I use a Saxobank account for my other commodities eg live cattle orange juice, bean oil etc

Thats my setup
Find a trend and milk it for all it is worth. That's how to be profitable
 
 
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