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the_wizard replied Aug 12, 2011I had a fair few. Here are the best ; Welcome : url Everything You Always Wanted to Know About Trading...But Were Afraid To Ask! : url The Key to Winning : url Making Money Trading : url (This thread outlines the strategy I used when I first ...
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the_wizard replied Aug 12, 2011I like to play everything as close to the source as possible. If I saw a triple top on the D1 then I want to be in short from as close to the top as possible. Sometimes this is not always easy if you trade D1 PA. In your example, on the SPF, I would ...
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the_wizard replied Aug 12, 2011I looked at that for a short too but there is an unfilled gap that you can see on the H1 and I thought price would try and gravitate towards filling this so I stayed out.
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the_wizard replied Aug 11, 2011LOL you go short at the top and then cut and reverses at the low amd it immediately goes vertical... You guys are getting too good for me. I can see I'm going to have to turn up the heat on you!!
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the_wizard replied Aug 10, 2011Good call on that Euro/Usd. SFP produces some great trades!
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the_wizard replied Aug 10, 2011I'm going to introduce another pattern into the webinar on Sunday because this one is not easy to go over in a post. I have no idea what to call this - but we can come up with a term in the webinar. It's very effective though and has me long EURUSD ...
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the_wizard replied Aug 10, 2011The issues I can see with this trade are that it was ; a) Major resistance last - you want to sell what was support last. Now, this could have still worked but it takes me onto point b ; b) Your stop looked WAY too tight considering the huge ...
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the_wizard replied Aug 10, 2011This would be 490 ticks with my broker! I guess yours is quoting 1 tick per $1 moved...mine quotes 10 ticks for each $1.
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the_wizard replied Aug 9, 2011Because opinions and fact are two different things. If I have an opinion, I wait for price to confirm and then present me with a setup that I know has a high probability of working. If it doesn't I don't trade.
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the_wizard replied Aug 8, 2011I do like to try and run things but it requires a strong bias for me that would usually come from the higher TFs for me to do so. Many of my trades I simply exit at the FTA.
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the_wizard replied Aug 8, 2011No surprises. Market broke above. Came back for the retest, into the inverse, with space. If everyone had all their trades as good as this, everyone would be making money.
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the_wizard replied Aug 8, 2011I've told you guys before, watching your P&L is almost always detrimental to your performance. Check this out that I had through from a friend. He usually picked good trades but couldn't seem to make a penny over time. He taught his girlfriend how ...
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the_wizard replied Aug 8, 2011Totally. I usually start with a wide stop - particularly in this volatility and use it as an uncle point. I don't mean stupidly wide like hundreds of pips. That stop in Cable was 66 pips. But I am looking for signs that the trade is not going to ...
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the_wizard replied Aug 8, 20111.6332 - beneath an H1 buob that appeared on my feed late friday.
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the_wizard replied Aug 8, 2011EUR/USD has just filled that 138 pip gap. Well done to those that played it out to completion. Had a few emails from those that were a little nervy when we missed the fill by 8 pips and came back overnight to near where it opened. The strike on this ...
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the_wizard replied Aug 8, 2011Who do you think I am, Jesse Livermore??? I am long gone...
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