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the redlion replied Apr 19, 2011if it works great!!!!! for you to make money with it you will need 1 to master your system, know its strengths and weakness of it 2 know in what market condition it works best 3 be able to addapt, improvise and know when the market is turning my ...
PSAR + AO + MACD
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the redlion replied Apr 18, 2011[quote=Venice;4554086] hey dear friend venice careful with those swissy longs remember gold 1493 an ounce and the euro and dollar in the sh*thold the currency of stability usually is the swissy do not let me talk you out of it but be nimble on that ...
EURUSD
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the redlion replied Apr 18, 2011hard to say actually the s&p downgrading the US was a shock through the markets. more investors staying in cash which explains the dollar strength however. the FED will continue on the same course, no tightening of monetary policy as of yet. which ...
EURUSD
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the redlion replied Apr 18, 2011i beg to differ. the market will always have opportunities to make some pips. last weak alone i banked 70% profit on my account. i actually like this, im going to start getting my self in messes on purpose i want to learn to troubleshoot, my f*ck ...
EURUSD
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the redlion replied Apr 18, 2011pretty exiting day. full of challenges for me. but i'm happy things turned out the way they did. as i failed to adapt to a dropping euro, mainly due to time zones, i was to sleepy to care (should not have been trading) but the euro went more than ...
EURUSD
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the redlion replied Apr 18, 2011experience but i will get this eventually.
The obstacles to trading
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the redlion replied Apr 16, 2011no risk rewards no stop losses no Rigidity. snowball your way in. be flexible. read the posts in this forum try it all you will soon find out what works and what will blow ur account
Successful Risk to Reward Ratios
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the redlion replied Apr 16, 2011I will give you an example ever since the begining of the year what has been the market sentiment. dollar weakness how is this reflected in the markets. looking at the majors aud gbp euro have all had bullish trends in turn the inverse correlating ...
My take on trading
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the redlion replied Apr 16, 2011identifying what he USD is doing i find it very useful to keep in track knowing how the correlating pairs move and what causes them to appreciate which in itself is the same concept as USD movement for example aud cad nzd are all comodity currencies ...
My take on trading
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the redlion replied Apr 16, 2011it does, and you are completely right. this is exactly what i was trying to convey. it is not just some traders, trading the spot price manipulating and finding ways to fake you out. as i have read countless times forex is a combination of many ...
My take on trading
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the redlion replied Apr 16, 2011I used to trade in this way: i looked at my chart, studied the patterned and according to whatever mechanical strategy i was using at the time. i would enter the market with with a stop loss of X pips and a take profit target of X pips. this way of ...
My take on trading
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My take on trading
Started Apr 16, 2011|Trading Discussion|17 replies
As a trader I have evolved and I changed my strategy many a time before coming to a style of ...
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the redlion replied Apr 15, 2011i can help you by teaching you my style of trading im no expert but i am profitable. so PM me and i can teach you how I do it. you dont have to follow it but, it would give you ideas to develope your on style or improve on it. we could email ...
My simple SMA system
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the redlion replied Apr 15, 2011oh ok it all makes sense lol .......in that case its infallible
My simple SMA system
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the redlion replied Apr 15, 2011im still short till otherwise, isaac newton law states An object at rest will remain at rest unless acted on by an unbalanced force. An object in motion continues in motion with the same speed and in the same direction unless acted upon by an ...
EURUSD
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the redlion replied Apr 15, 2011my question is why those numbers? moving average - is the average movement of price through a set period
My simple SMA system
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the redlion replied Apr 14, 2011RIGIDITY KILLS dont anticipate the drop there is plenty of time to catch pips on the way down. just be nimble. price doesnt have to do ANYTHING. fundamentals still stand with dollar weakness however the FED are getting more hawkish so we might start ...
EURUSD
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the redlion replied Apr 14, 2011ausie is great treat trade the dollar. gbp ausie and euro all move the same way so you know chf jpy and cad should move the same way i use the ausie to hedge my euro if need be, or the chf. last week was great. i honestly think the USD will see some ...
EURUSD
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the redlion replied Apr 14, 2011my take on this pair is that its consolidating not toping. the US job less data claims increased, energy and food as well as commodities continue to climb. thats my opinion however i exited all positions and im treating this pair for what it is its ...
EURUSD
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the redlion replied Apr 14, 2011THE ABSOLUTE BEST WAY TO LEARN HOW TO PROPERLY TRADE IS FTI post "technical analysis fallacy" look it up. it the best thing i could have read in my life
where's the best start to learn Price Action Trading??