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MidasFX replied Jul 6, 2011we could trade a break out / box strategy with a it breaking new highs above 4466 area, target 10-20 pips ( larger target after SL to b/e being 4500/4510) and stops 4455 area but sometimes it best to wait for initial break out and then get long on ...
EURUSD
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MidasFX replied Jul 6, 2011yes but its a give/take relationship, you can also buy alot more aud/jpy then eur/usd for the same price, thus possibly increasing your $profits/$losses I used to love the kiwi yen and aussie yen for my midnight-drunken-revenge-all-in trading ...
EURUSD
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MidasFX replied Jul 6, 2011Fish fish I got my wish... and then some! ^_^ banked +12 and closed most of the position, and moved stop to +1 ( which looks like its about to hit so I may fuddle around with that...) ~ image
EURUSD
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MidasFX replied Jul 6, 2011Does anyone know of a broker they can use in Shanghai China? I could only find 1 broker that allows people from shanghai to open and fund their accounts. and that was Marketiva. Which I would never use. I have a fellow trader who is looking to ...
Important Details For Major Regulated Forex Brokers
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MidasFX replied Jul 5, 2011Whiskey? haha, i prefer sipping on my red wine ( pinot noir ) since my HMA has turned red and already up some pips. The correlation is making my happy so far.
EURUSD
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MidasFX replied Jul 5, 2011right now i got conflicting signals, longer term 15-60 min charts are pointing upward, but my 5min looks prime for a roll over and the 15m are looking liek they might be setting up for the roll over as well. it has also stalled out around my daily ...
EURUSD
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MidasFX replied Jul 5, 2011hope some people caught that move. I have been short for the past 12 hours on the damn pair and im glad i held onto it. closed at +59 pips. target was 1.44 but i took tp a few pip early.
EURUSD
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MidasFX replied Jul 4, 2011~check out my previous attachment. i got a sell signal a long time ago, and i placed a stop above previous highs ( and pivot R1 on my charts ), it then went from red to blue, and i was kinda getting worried there for a while but it quickly turned ...
EURUSD
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MidasFX replied Jul 4, 2011finally got the push down i was looking for and pocketed a few pips ^_^ ~ was a good first trade for the week.
EURUSD
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MidasFX replied Jul 3, 2011Its a simple HMA indicator. HMA is also known as the Hull Moving Average. Im sure you can find it if you google it or you can get the HMA indicator from my website here url It does and doesnt repaint, depending on your definition. It may plot a ...
EURUSD
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MidasFX replied Jul 3, 2011There is alot more to my analysis, but this is the main chart I watch after I enter a position. Indicators ~ HMA ~ Pivots image
EURUSD
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MidasFX replied Jul 3, 2011would be nice if this aud weakness also sucked the euro down a little bit....
EURUSD
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MidasFX replied Jul 3, 2011I'll tell you why not to use 1000:1 or crazy leverage — I have NEVER seen or known of a LONG TERM successful retail trader that trades with lots of leverage. I have however seen and known LOTS of traders who have busted their accounts ...
Is high leverage really bad for traders?
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MidasFX replied Jul 1, 2011I sure hope so!!! I'm diversified with USD strength vs. the some other majors.
EURUSD
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MidasFX replied Jul 1, 2011I'm not sure if i enjoyed the music or the video better lol . either way it was an enjoyable few minutes.
EURUSD
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MidasFX replied Jun 24, 2011Moving averages are the way to go. Understand future support and resistance, but trade your entries and exits based off of market momentum, cycles, and overall trends with just Moving averages. The interesting part is there is a moving average for ...
EURUSD
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MidasFX replied Jun 24, 2011Maybe some friday news will bring in some good action in a few hours ^_^
EURUSD