- Search Crypto Craft
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mike w replied Nov 24, 2007Yes, I'm 20 years old. I actually used to be quite a nutcase about money. When my parents would give me money back in the day for lunch and whatnot, I saved it and just ate when I got home. I've worked an incredible amount of hours since I was 16 on ...
MW's trading journal
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mike w replied Nov 24, 2007Hi Fourxtrader, if you want to learn and are serious, start at the beginning. The system is to be accredited to Vegas, a member here on forexfactory, and so you should go over his threads and learn from there as well. I have summed it up fairly ...
MW's trading journal
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mike w replied Nov 24, 2007Even with a small account, you should look into these things. This is because over time it does add up. I absolutely hate being short, for instance on the Gbp/jpy, for long periods of time because the swap that goes against me is just money going ...
MW's trading journal
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mike w replied Nov 24, 2007I do agree that the interest fees aren't really a big deal, but over time they do add up. As for how much you should be making based on how old you are, 100% agreed. People can't live even a mediocre life if they are only making, say, 20,000$ a ...
MW's trading journal
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mike w replied Nov 24, 2007You are right Tiki, I was just plain wrong as I didn't look too far into it. The others are countertrend, but this trade could play out to reach, at least, the previous highs. This could take a while though. I am not really sure, but do you know if ...
MW's trading journal
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mike w replied Nov 24, 2007I'll be posting another position on sunday night as well; the Eur/Chf. I saw this opportunity from over at the J16 thread, and it looks great to me. These trades are all countertrend, but we are in need of a retracement to move onwards. With that ...
MW's trading journal
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mike w replied Nov 24, 2007They all look like good setups to me and I plan on trading all of them. They are countertrend trades, however. I think we could possibly get about 150 pips at least out of them if worked out properly.
james16 Chart Thread
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mike w replied Nov 24, 2007There was a thread somewhere around here on Gbp/usd trivia. If I remember correctly, it ended up having just about all pairs discussed within it. I'll see if I can't find it.
What pair you trade ?
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mike w replied Nov 23, 2007I think we will finally see the retracement now, because of the pin that formed. This would allow us to reach the area of 1.4600, which would in turn bring enough force for the bulls to push forward again. I'll post charts and all that tomorrow and ...
EURUSD
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mike w replied Nov 23, 2007I plan on opening trades on the Eur/Usd and the Usd/Chf on sunday night. This pin bar that formed should push price down and up, respectively, to create the retracement that has been needed for these pairs to resume.
MW's trading journal
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mike w replied Nov 23, 2007I closed one of my gbp/jpy short trades in hopes that we will see a higher price on sunday going into monday- around 224. I will look to place more short orders there if price action allows me to. I closed the trade from 223.57 at 223.48 for a gain ...
MW's trading journal
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mike w replied Nov 23, 2007Hi Adwa, good luck! I hope everything turns out well for you.
Adwa Daily GBP/JPY analysis
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mike w replied Nov 23, 2007These are fantastic pin bars, which is perfect because I have been thinking that we needed retracement before moving upwards again. I just wasn't sure as to when and honestly, I was becoming kind of uncertain that it even would. This should have the ...
MW's trading journal
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mike w replied Nov 23, 2007I am not really sure of what your talking about, but I don't know of anyone that would allow you to trade for free and risk their money. There has to be some type of collateral used if you were to lose; you soul maybe? Or an arm? It's probably ...
Prop desks...anyone with experience?
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mike w replied Nov 23, 2007For the bar closing today, I think you are right on that, but it still does entail that price had to rebound and that the bulls are coming back into effect. The target of 217 that you just showed does look like a great target and I think, ...
MW's trading journal
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mike w replied Nov 23, 2007I can't really think of any books off the top of my head that have a lot in terms of technical analysis that are actually good. Most are just things strung together that you could find elsewhere, such as here at the factory. As for the gbp/jpy going ...
MW's trading journal
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mike w replied Nov 23, 2007I believe I had doodled a few out AFTER the initial break down on the 21st or 22nd; it would have been nice to have realized it before that however. I don't normally put any weight on a drawn channel if there are only a few touches to the top of it. ...
MW's trading journal
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mike w replied Nov 23, 2007I agree that people will use whatever works for them, which is common sense to most- I hope. The reason that the higher averages work better than the lower averages is because they are the average of the last 100 or 200 trading bars. That's just an ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Nov 23, 2007Sure thing, I'll send you a PM in just a moment.
Auslanco - GBP/JPY and GBP/USD (newstrade)