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the redlion replied Apr 27, 2011i share the same belief in stop losses as cloggie i dont use any here is why top losses: not advisable due to lack of interbank liquidity on times of low volatility, a bump in spread can take you out of the game. (stop loss are to protect against ...
EURUSD
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the redlion replied Apr 27, 2011its ok. i made so much at the expense of the market i feel entitled to gamble
thanks for looking out though foreing capital is good to risk, my own i would be more careful. trading price action is always the best way to go, but i want to ...EURUSD
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the redlion replied Apr 27, 2011no not at all for every wave there is a counter wave. and the dollar has been taking a beating ever since the beginning of the year. i would expect a healthy dollar corrective wave. however the lose monetary policy, has actually had the intended ...
EURUSD
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the redlion replied Apr 27, 2011yes Venice you're 100% right and what you are saying is logical, however, i have a hunch the same hunch i had when the Jpy went down to 76 and i felt like buying, but i played it cool. the same hunch i've had but always use my self control not to ...
EURUSD
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the redlion replied Apr 27, 2011yes, that is what im thinking, i will break my rules of letting the market show me her hand, and i will start snowballing shorts. i can get burn as i am playing with fire but, i can make a good profit if im right. i will use the Chf as it is ...
EURUSD
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the redlion replied Apr 27, 2011there is something amiss about the markets today. the usd/chf usd/cad usd/jpy are showing incredible dollar strength, its almost unreal, seems like investors are expecting a turn around in monetary policy, the FED tightening money supply, the trade ...
EURUSD
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the redlion replied Apr 27, 2011for some reason i still believe this is actually intended and its working out for some one. the banks dont mind the extra balance sheet, they sit in cash and wont lend money. they screwed us with the housing market crash and got bailed out, the gov ...
EURUSD
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the redlion replied Apr 26, 2011[ATTACH]687033[/ATTACH always question your judgement when entering a trade there is more than one possible outcome, the best question would be what would you do, or how do you fix it if it goes the other way ]
EURUSD
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the redlion replied Apr 26, 2011careful not to let your charting or indicators give you assumptions. it is not equal, you see the market conditions are different today than they were then
EURUSD
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the redlion replied Apr 25, 2011careful dont follow everything i do. unless you trade like i do. i actually wouldn't mind the price moving against me 100 pips or so because i can rescue, because i snowball my way in. as i said before if im wrong i take minimal damage or non at all ...
EURUSD
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the redlion replied Apr 25, 2011hey i would invite you all to stop picking on our friend talentfx. he is trying like we all did/ or do. this is a place to learn and support each other. if you believe he is completely wrong in his methodology, then take him under your wing, ...
EURUSD
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the redlion replied Apr 25, 2011i think Bernanke should at least give some hawkish tones, to keep the market from pounding the dollar so hard. its completely true what you say. 10% a quarter and the thing gets out of hand. next thing you know, is not us f#@king up the chinese ...
EURUSD
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the redlion replied Apr 25, 2011depends on your strategy that might not be such a bad thing. ill rescue my underwater positions on a impulse wave. so far just my scout is underwater, no biggie if i lose it i wouldnt care but can rescue that sucker, i doubt we are seeing a bullish ...
EURUSD
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the redlion replied Apr 25, 2011i believe that after this drop we are in for a correction, of the overall bullish momentum, could be wrong so lets watch price action and take levels as they come no predictions, with that said i will be biased towards bear side...
EURUSD
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the redlion replied Apr 25, 2011the sell of happens now, increased price thrust and momentum 80+ pips per hour support broken. we going bearish
EURUSD
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the redlion replied Apr 25, 2011im biased to the short side. the Euro is the only one of the majors that hasn't gone below open price it continues to range. dollar is strengthening a bit. might be just risk aversion though. so far i made some pips on the range buying on support ...
EURUSD
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the redlion replied Apr 25, 2011the reason why robots simply cannot be the sole players in the forex market is. we are not dealing in a market where the sole participants are traders. no everyone in the forex market is actually placing trades, I REPEAT IT IS NOT A MARKET OF ...
An Edge In The Markets
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the redlion replied Apr 25, 2011food for thought — I constantly go back to FTI post and find new information as i learn the dance of the market. i might be reading too much into it but it has helped me non the less. in the past FTI has talked about ATR and i didnt understand ...
Technical Analysis Fallacy
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the redlion replied Apr 25, 2011FTI i HOPE THE BEST FOR YOU. YOU HAVE NO IDEA HOW GRATEFUL I AM TO YOU. YOU HAVE A FRIEND IN ME. I TRULY MEAN IT. I LIVE IN THE STATES but if you ever where to need someone to talk to, or anything withing my power or capasity count on me
Technical Analysis Fallacy