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  #247  
Old Jan 20, 2011 12:02pm
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Originally Posted by dr_who View Post
DS, its great to be able to communicate with someone else who has an IQ bigger than the size of his dick and I'm sure your million years of experience stands you in good stead, however, are you in profit trading FX ? Or are you a theoretician ? Nothing wrong with being a theoretician of course and I've read your posts and learned stuff I didn't know, however, making money by trading FX (or any other instrument of course) needs more than theory and it would be interesting to know if you're able to profit from your undoubted intelligence.
I guess it was only a matter of time...
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  #251  
Old Jan 20, 2011 12:19pm
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Originally Posted by CindyXXXX View Post
Is there an EA for this?
Classic.
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  #346  
Old Jan 23, 2011 2:56am
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Originally Posted by Scotty B View Post
Adal,

Thanks for the paper, you're never short on info and helpful links.

I'm thinking a lot about the Gold bubble we are currently witnessing. Think of the immese amount of built up open interest that will have no one to sell to when there are no more buyers to draw in. No one will want to touch it. When it crashes, it's gonna be messy for a lot of people. The gold crash will be a monumental opportunity for those who can time it right. I see/hear more and more "BUY GOLD NOW!!!!" commercials, we've got to be getting close...I'm thinking...
Off topic, but gold isn't even close to being in a bubble. All the commercials I see are 'scrape gold for cash' which tells me that gold is still cheap and they want to take it off the hands of people that don't know what is going on.

Ask a co-worker if they own gold? Do you hear folks in a restaurant talking about their 'gold investments'? CNBC constantly is saying 'gold is in a bubble'.

You'll know when gold is in a bubble and mania when everyone is talking about it, just like everyone bragging about their tech stocks in the late 90's and their homes in the 2005.
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Last edited Jan 23, 2011 3:07am
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  #367  
Old Jan 23, 2011 1:49pm
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you can probably place an order on either side of a round number randomly in either direction and grab 10-20 pips if you wanted to trade that way. There are always going to be orders above and below those areas (don't want to say always like 100% always, but 'almost' always).

So are Order Flow traders mostly scalpers? I kind of get that impression... Nothing wrong with that, just curious.
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