- Search Crypto Craft
- 1,162 Results (10 Threads, 1,152 Replies)
-
philmcgrew replied Aug 9, 2008It would take an entire thread to explain all the concepts you got wrong in your rant and I don't want to ruin this thread with politics but you might be interested to know that the democrats have controlled both the house and the senate since 2006.
EUR/USD Trading Room
-
philmcgrew replied Aug 7, 2008I don't know but your pivots were seriously disrespected!
EUR/USD Trading Room
-
philmcgrew replied Aug 5, 2008Generally speaking, you should avoid stops within 3 ATR of entry. Tight stops always cost more money then they save.
A New Start
-
philmcgrew replied Aug 5, 2008Can you explain why someone with a smaller account would have trouble trading a long term trend?
EUR/USD Trading Room
-
philmcgrew replied Aug 5, 2008Sigh. If only there were a way to detect the current trend and then trade in that direction.
EUR/USD Trading Room
-
philmcgrew replied Jul 31, 2008It's not 1985 anymore. We do have electronic trading and there is no floor. I studied pivot points at length during my 22 years of trading and I found them to be useless. If you have testing that proves otherwise, I'd love to see it. I'm not sure ...
Daily Weekly Monthly and now Yearly !!!
-
philmcgrew replied Jul 31, 2008What did you answer? Price went up today and then it went down. It didn't come close to touching any of your pivot lines.
Daily Weekly Monthly and now Yearly !!!
-
philmcgrew replied Jul 31, 2008Don't your charts give you tick by tick updates on the collective opinions of all market participants? Don't make market research more complicated than it has to be. I think your chart gave a pretty clear indication of what the market thought about ...
News stories
-
philmcgrew replied Jul 31, 2008You're using midpoints as well? Isn't that nice. Instead of 7 lines, you have 11 lines on your chart. Yeah price is going to hit one of them. I would love to see your EURUSD chart for today. The market dries up every day around 1100 ET. Don't kid ...
Daily Weekly Monthly and now Yearly !!!
-
philmcgrew replied Jul 31, 2008The leverage your broker offers only affects your margin. It should have no influence on your position sizing at all. If you have 200:1 leverage vs. 100:1 leverage you will post half as much margin. A pip is a pip and leverage does not change that. ...
Leverage:100:1 or 200:1?
-
philmcgrew replied Jul 31, 2008Have you done any testing to show the accuracy of pivots? If so, could you post it? Why would you skip market data? Sunday night to you is Monday mornig to someone else. Their trading activity doesn't count to everyone who can read a chart? How can ...
Daily Weekly Monthly and now Yearly !!!
-
philmcgrew replied Jul 30, 2008I think pivot points are total crap. Even your own chart shows no respect for the guesses that pivots offer. In a market that trades 24/7 how can you define a "new day?" There are at least 4 different formulas for pivots. Which one did you use? I ...
Daily Weekly Monthly and now Yearly !!!
-
philmcgrew replied Jul 30, 2008Trading against the trend, holding losers until "they come back" and sclaping are the 3 biggest mistakes you can make. You've hit the trifecta!
A New Start
-
philmcgrew replied Jul 1, 2008I just can't see understand how a line that has been repeatedly violated now suddenly has magical powers to stop the gold market from further rise. I've seen more guys lose money and/or leave money on the table because they made decisions based on ...
Gold Discussion
-
philmcgrew replied Jul 1, 2008You should draw more random horizontal lines to be safe. How can a line that has been violated 3 times and respected once be significant?
Gold Discussion
-
philmcgrew replied Jun 13, 2008If you can handle only being right 1/3 of the time, moving average crossover systems can be profitable. If you want 60% accuracy, trade with the trend. The point of this thread is to point out that you should be focusing on exits, not entries.
New Guy and Exits
-
philmcgrew replied Jun 11, 2008Some people on this forum might be from West Virginia. But it's OK, we have a sense of humor too.
Advice Only. 1 Liners Concise.