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dukeofdents replied Dec 14, 2006Has anybody tried going to the actual data source, like U.S. Department of Labor or the Fed?
Economic/ Currency news
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dukeofdents replied Dec 14, 2006Here's my down home redneck thinking on money management, I'm not a math whiz, or anything, just a blue-collar dude, I put 5% of my account on a trade. I only take 1 trade at a time. With 50:1 account leverage I have 250% in the market. That's 2.5/1 ...
Probability System Theory and Money Management
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dukeofdents replied Dec 14, 2006In the business I come from, the only way you can make money is by being a dick. I have slowly learned to stop being an a$$hole to people here on FF because they usually have intelligent analysis to offer. Most people in the autobody business are ...
Thank you Forex Factory!
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dukeofdents replied Dec 14, 2006Thank you FF!!!!!!!!!! — I may come of as a little abrasive and confrontational at times, because I am, but I just wanted to take a minute to thank FF and all the folks here for the help you've given me over the past few months in seeing the ...
Thank you Forex Factory!
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dukeofdents replied Dec 13, 2006Back to the thread topic, now cable shows an impending double top, it may turn into a head and shoulders, I don't know. However, all these people who say it will break 2 are f&#cking crazy. It's out of steam, it may range now, but it definitely ...
GBPUSD
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dukeofdents replied Dec 12, 2006Like I say, one man's reversal is another man's consolidation, is another man's correction. If you trade 5min charts a reversal is a 10 pip move! All this terminology comes down to time frame, and we actually screw ourselves, collectively, by not ...
GBPUSD
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USD/JPY differential?
Started Dec 12, 2006|Trading Discussion|2 replies
Has anyone noticed this behavior of late, EUR/USD will be long as hell, GBP/USD also, and ...
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dukeofdents replied Dec 12, 2006Now, to piss off Mr. Trend, I will say that cable has reversed again! Go long, my people! I use terminology that fits my timeframe, which is 4 hour charts. I tried dailies and can't stand holding 'em that long, that's just my personality. In my ...
GBPUSD
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dukeofdents replied Dec 12, 2006The big bankers and other hoodwinking types started to long cable 5min before the FOMC rate announcement at 19:15 GMT today. That tells me that these boys are looking for longs. Look at the 19:10 candle right before the announcement. Go back and ...
Cable Update (GBPUSD)
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dukeofdents replied Dec 10, 2006Dude, you're the opposite of a lot of us. I have a problem that I've just gotten under control lately, and it's overtrading. I seemed to feel like I always had to be in a trade, I would either seek out a pair that fit my system, or I would seek out ...
I Found my Problem!! (under trading)
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dukeofdents replied Dec 10, 2006Forget Cable and check out EUR/AUD, it's fixing to golong in the next few days, might be a mover...
GBPUSD
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dukeofdents replied Dec 10, 2006I don't claim to know, nor have I considered, the possible effect of these specific UK announcements. I think they will be muted, probably, due to FOMC on Tuesday. The market is in a "wait" mode. However, if they do move it long I am not worried ...
GBPUSD
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dukeofdents replied Dec 10, 2006Okay, UK PPI , Housing, and trade balance comes out then, I guess. If it has a nasty effect it will hit my rolling stops for a big profit on short trades on GBP/USD, not a big deal. I'm looking to get out of these anyway so I can long it when things ...
GBPUSD
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dukeofdents replied Dec 10, 2006Okay, I'm back from the weekend... Ouch! I think I drank too much booze... Anyway, looks like my shorts are holding so far, here's another part of my thinking on this kind of stuff. We're 2 days out from an FOMC rate decision. Usually when USD pairs ...
GBPUSD
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dukeofdents replied Dec 8, 2006How did that NFP work out for everyone today on Cable? I just held my short and watched it go up and down, laughing as everyone freaked...
GBPUSD
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dukeofdents replied Dec 7, 2006Mr. Trend, John Wayne is done for tonight. I just noticed that another epic white man's journey, Braveheart, is on the tube as well, so I'll be brief. God didn't create churches. Man did. I am a staunch believer, but if God created churches, why do ...
GBPUSD
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dukeofdents replied Dec 7, 2006Well, until I quit making money from it going down, I wont quit the shorts. I'll watch the stops and when I finally get stopped, which will happen, I'll be up on my account. Then I'll happily go on my way and you will make money, too, when it hits ...
GBPUSD
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dukeofdents replied Dec 7, 2006Trend man, you have to forgive me for being dogmatic and full of piss and vinegar. I come from a place that some people only see in their nightmares and I'm trying to rise above it. I fight for every inch. Anyway, this is a thread about Cable, so ...
GBPUSD
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dukeofdents replied Dec 7, 2006Screw NFP, trade the dailies and look at it as a bump in the road, or a bump in the right direction, however it turns out! Excessively short-term trading is exactly what the big banks want you to do. They even gun the indicators on the 5-min charts! ...
Cable Update (GBPUSD)
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dukeofdents replied Dec 7, 2006Like I said, bro, one man's reversal is another man's consolidation, and it's another man's continuation pattern. It all depends on your personal time frame...
GBPUSD