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dengzhi replied Sep 29, 2009my USD/JPY pinbar trade stopped out at BE. my original TP was 90.34 which would have hit if i didn't touch it! i got greedy and moved it up to 90.49 because the size of the pinbar looked decent enough to make it to the ~90.5 area.. which it still ...
james16 Chart Thread
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dengzhi replied Sep 16, 2009Jim, can you post the "rants and charts" in the guest section so we can download it? currently it is in the members only section url thanks, DZ
james16 Chart Thread
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dengzhi replied Sep 12, 2009agreed... fibs are highly subjective and you can draw them anyway you want to make PA bars line up with certain fib numbers to make yourself feel better about a trade.. naked charts are best
james16 Chart Thread
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dengzhi replied Aug 28, 2009bank holiday is only on GBP right? monday will be business as usual for all the other currencies
james16 Chart Thread
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dengzhi replied Aug 18, 2009if you have a small account it would not be beneficial to move down. you cannot rush from 500bucks to 100k trading hourly and 4HR.. you need to be realistic about your gains.. do you think you can make 4% a week consistently for the next 52 weeks? ...
james16 Chart Thread
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dengzhi replied Aug 12, 2009no good pinbars today. look at AUD/USD, there is no room to run, it might run into traffic at ~8350-8450
james16 Chart Thread
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dengzhi replied Aug 3, 2009yes time does matter. if you watch the charts everyday you will notice pairs do most of their moving during the overlap of london and NY sessions. things don't move much during Asia session, especially non-JPY pairs. to answer your question, if i ...
james16 Chart Thread
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dengzhi replied Jul 31, 2009i do fear and dislike Guppy.. GBP/JPY has screwed me 3 times out of 4 within the last 60 days altho no biggie because at the end of both months i have turned a profit
Silent Service Method
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dengzhi replied Jul 27, 2009that guy's name is really similar to the fictional name Larry Livingston (Jesse Livermore) in "Reminiscences of a Stock Operator"
james16 Chart Thread
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dengzhi replied Jul 25, 2009is there a point to bragging about other people on the internet? oh and what is their monthly ROI?
james16 Chart Thread
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dengzhi replied Jul 25, 2009uhm that sounds like California...which is why it's the most populous state in the nation.. btw i agree with your 5% thing.. in reality it's prolly more like 1% make it
james16 Chart Thread
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dengzhi replied Jul 23, 2009do you know how big the forex market is? no single retail trader can move the market. this is not the 80s anymore. yes it is simplifying it a bit but the concept is sound. you should read "the market wizards". these are the richest and best traders ...
Silent Service Method
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dengzhi replied Jul 23, 2009there is a simple method to disprove this.. you cannot trade successfully everyday.. if you did, would you agree that 10% ROI a month should be easily achievable? if so then can you do that every month for the next 20 years? answer: no. proof? does ...
Silent Service Method
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dengzhi replied Jul 23, 2009lol mike i love your icon! don't ever change it.. it nicely summarizes your successful trading style!
james16 Chart Thread