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- pip_daddy replied Jul 27, 2010
Wait a minute. Are you a paranoid teabagger as well.....BAAHahahahahahaha! So you do get it......BAHAHAhahahahahah!~
A Teabagger forex trader. Well isn't that special!
So do you cut the head off a chicken first thing in the morning and ...EURUSD
- pip_daddy replied Jul 27, 2010
If you are not from the US you probably are unaware. You are probably better off not knowing anyways. It's nothing but mind numbing stupidity. url
EURUSD
- pip_daddy replied Jul 27, 2010
Just put some numbers into Oanda interest calculator. If I am trading standard units the interest payments on keeping some of these positions open for a year or more runs into the thousands of dollars. Depending on which pair and whether it is long ...
Building an equity millipede
- pip_daddy replied Jul 27, 2010
It's funny, I read these forums and especially this thread and it appears that this is where all the successful (5% of us) traders hang out.....lol! I guess this is the place to be. Seems everyone here makes money..........

EURUSD
- pip_daddy replied Jul 27, 2010
The market has been kind if wierd the past few weeks. It will probably be like that till September as it's typical in Summer trading. Especially August when trading volume goes way down. So don't let it discourage you.
Building an equity millipede
- pip_daddy replied Jul 26, 2010
It's up to you but I trust round numbers (ie. 100 pip lines) more than I do trendlines and fib lines and just about anything else. Of course it's best if there is confluence of several indicators but round numbers are a big part of that for a lot of ...
Building an equity millipede
- pip_daddy replied Jul 26, 2010
Here is a handy MT4 indicator I use to draw lines every 100pips.
Building an equity millipede
- pip_daddy replied Jul 26, 2010
I do see a possible solution to this psychological problem. Instead of letting the positions die at BE why not put your SL at +50 or +100. I am talking weeks later when you are already up several hundred. On these large time frames, 50 pips is not ...
Building an equity millipede
- pip_daddy replied Jul 25, 2010
That's now how I see it. Yes, you will get a lot of postions (legs) taken out but you should have a lot more positions on both sides. If you get everything taken out for a particular pair you are not doing it right. As you said, you could get ...
Building an equity millipede
- pip_daddy replied Jul 24, 2010
Thanks. Hopefully it get's posted. I was looking for some way to extract this info for my own reference and in case his images disappear from imageshack. Anyone know of a good way to do it?
Building an equity millipede
- pip_daddy replied Jul 24, 2010
Remember that you can be doing this on several pairs simultaneously. So it will not necessarily take all that long to see results and you will not necessarily be stopping out at BE on all your positions some weeks. You would also want to focus on ...
Building an equity millipede
- pip_daddy replied Jul 24, 2010
That is what I did. I had the job, the toys, the expensive vacations. I gave it all up and I don't miss it one bit. Eventually if it all works out I will be doing much much better financially than I could ever imagine but that was never the ultimate ...
Would you stop trading if you found better paying job??
- pip_daddy replied Jul 23, 2010
Best of luck with whatever it is you are gonna do which sounds like nothing except sit on the sidelines critisizing what other people are gonna do. Sounds like a heck of a strategy.
EURUSD
- pip_daddy replied Jul 23, 2010
Urrum yea, as does the rest of the market which is kind of the point. Ya know, round numbers 'n' all and that was the last major resistance. Draw fib from last high to last low. Then draw a line at 1.31 Now what do you see? I'm not talking about ...
EURUSD
- pip_daddy replied Jul 23, 2010
It's a simple choice for me. Slavery or freedom. That's the way I see it. If you are lucky be working for someone else and enjoying it then I envy you. Every job I ever had pretty much sucked. I have no interest in being part of the rat race anymore.
Would you stop trading if you found better paying job??
- pip_daddy replied Jul 23, 2010
LOL......what do you think?! My guess is his IP comes from Nigeria.
EURUSD
- pip_daddy replied Jul 23, 2010
Nope, It will either bounce off 1.3 again.....or possibly as high as 1.31 then dive down to 1.13 over the next few weeks/months. Of course I could be wrong.
EURUSD