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the redlion replied May 5, 2011pardon my ignorance gator whats mofu? im guessing its not a mother f8cker ......
EURUSD
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the redlion replied May 5, 2011its called manipulation rising margin requirements and trying to artificially drop prices as they continue to maintain their balance sheets. shakey voice Bernanke said this was transitory so he had this up his sleeve. but no NFP will not be ...
EURUSD
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the redlion replied May 5, 2011i want to have a fun little discussion with you re elliot wave analysis, i find the studies interesting but not predictive at all. 5 waves correct 1-impulse 2-corrective 3-longest impulse 4-corrective 5-last impulse before trend change correct then ...
EURUSD
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the redlion replied May 5, 2011good post but not exactly THE secret. it takes many components to be successful YOU= psychology, processing of information, intuition, Market recognition= understand the market youre trading on and strategic areas Capitalization= understanding to ...
Expert traders secret "revealed"
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the redlion replied May 5, 2011theory on today. they decide to raise margin requirements, for gold and silver to bail out JP morgan that was short bailing out the dollar. silver and gold plummet, everyone panics and thinks "oh my god, the bubble has burst get out!!!!" prices ...
EURUSD
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the redlion replied May 5, 2011its a big fall 379 pip total this is the kind of move that makes me want to go long and catch the retracement. for every action there is an oposite reaction, wave and counter wave. on a bull market this is the time im looking in to buy, however im ...
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the redlion replied May 5, 2011just saying to keep your eye on it. currency with big interest rate, commodity based. good economic performance you know aud is to rise against the green back. you can swing trade this baby when the time is right.
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the redlion replied May 5, 2011hey venice check out the AUD/USD a 49pip rejection off of 1.0600 level, i think this bear has ran his course. looks like a great opportunity to device a strategy there and make some $ my friend
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the redlion replied May 5, 2011they want to give some pips back to the market sounds reasonable enough for me

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the redlion replied May 5, 2011thats why i love this forum even if you think im completely full of crap and my methodology is not for you. now you are aware that it exists and you might look into it in the future, play with it. and decide you could not trade any other way. lol i ...
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the redlion replied May 4, 2011i never use stop losses, they are vulnerable points left in the battlefield if youre actively managing your positions and troubleshooting them. no need for stop losses.
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the redlion replied May 4, 2011the reason they say that is because to attempt a rescue you need to be skilled in spotting turning points, and you need to be in control of your emotions, as to not snowball your way into a blown account. im still trying to master this. so far ive ...
EURUSD
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the redlion replied May 4, 2011please let me know if im not making my self clear, i dont want to confuse anybody. the whole point here is not only do we have to strategically survey the market and have strategic entry and exit, plus a good strategy, good feel of price and ...
EURUSD
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the redlion replied May 4, 2011also i sometimes use rescue operations to take my scout out of the market in the green. or my initial position out of the market i can rescue by averaging down and taking advantage of corrective waves. but this is very tricky and can bite you in the ...
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the redlion replied May 4, 2011very true!!! now i find timing essential but challenging to achieve, you know about the cat business. you dont have to go all in at once. you can divide your entry capital in many different ways example: when i'm sure i go the timing correct i go 5 ...
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the redlion replied May 4, 2011i repeat my statement venice " the great trader" thanks for sharing
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the redlion replied May 4, 2011thanks to make pips i can do it own my own. but i am in this threat to teach to those that want to listen and learn from those that might be wiser. we all use different methodologies and strategies, and to each individual it makes sense and works. ...
EURUSD
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the redlion replied May 4, 2011so its hi-low= true range of the last 5 daily candles/ 5= average true range? see i use true range but a little different. dont average it i want to know hi-low current low-prev close current hi - previous close of daily to measure thrust and speed ...
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the redlion replied May 4, 2011im not familiar with bias pivot. would you care to enlighten me as i might learn something from you.
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the redlion replied May 4, 2011that supports my view that we are no longer in a ranging market a thrust to test 1.4900 levels at which point price fell caught is breath at 1.48300 did not follow pattern now it is acting funny right? conditions have changed, i believe up we go and ...
EURUSD