- Search Crypto Craft
- 1,162 Results (10 Threads, 1,152 Replies)
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philmcgrew replied Nov 13, 2009Every platform has an ATR indicator. You can simply put that indicator on the chart and do your own math. TradeStation allows you to substitute the ATR formula in place of a number. Most platforms aren't that flexible but could be programmed to do ...
volatility adjusted stops
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philmcgrew replied Nov 3, 2009Having charts open isn't inherently dangerous. Staring at them is the problem. Hourly candles only form once an hour so I don't see the point in sitting around for 59 minutes waiting for something to happen. I leave my charts open 24/7 but I don't ...
What are the best hours to trade?
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philmcgrew replied Nov 3, 2009Hi Gruzza, if you are trading short term (15 min or less), my advice is to make sure at least one of the two currencies in the pair are from a part of the world that is awake and open for business. If you are trading during the Aussie workday that ...
What are the best hours to trade?
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philmcgrew replied Nov 2, 2009I'm not here to debate you. I stated my position and you stated yours. I respect that and wish you all the best in your trading.
Price Action Trading
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philmcgrew replied Nov 2, 2009I'm not suggesting that someone can't trade price action. I just find it humorous that people think that they have some kind of edge by not using indicators. It's as if not holding onto the handlebar on a roller coaster while strapped in makes you ...
Price Action Trading
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philmcgrew replied Nov 2, 2009You'll have to ask your broker why they don't follow conventional leverage rules. I can't answer for them. If you buy 1 contract of EURUSD @ 1.4770 you are borrowing enough USD to purchase 100,000 Euros. Obviously that will cost you $147,000 USD. 1% ...
calculations and confirmation
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philmcgrew replied Nov 2, 2009Not true. He stated 100:1 margin. It's just math.
calculations and confirmation
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philmcgrew replied Nov 2, 2009No, it will require $1477 in margin. Only for currencies ending in USD when quoted in USD. No No (see above)
calculations and confirmation
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philmcgrew replied Nov 2, 2009100:1 does not mean you multiply your profits by 100. It means that your broker is offering you that leverage and it means that he will hold back 1% of your position in margin.
calculations and confirmation
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philmcgrew replied Nov 2, 2009Be careful. That's exactly how I found out Santa Claus wasn't real.
Different/Wrong Pivots. Who is correct?
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philmcgrew replied Oct 30, 2009Really? How many did you interview? The turtles, who were arguably the most famous traders of all time, didn't use PA.
Price Action Trading
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philmcgrew replied Oct 29, 2009Sounds like someone is still in the denial stage...
Price Action Trading
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philmcgrew replied Oct 29, 2009Spoken like someone who didn't bother to run the experiment. There can be trends and patterns in random events and, for the record, electronically simulated coins don't have mass imbalances.
Random Price Movement
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philmcgrew replied Oct 29, 2009PA trading is basically a term used by traders who delude themselves into thinking they can trade successfully without a system.
Price Action Trading
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philmcgrew replied Oct 27, 2009I think that would be relatively easy to program. If you're nice to someone with basic programming skills they could pull this off fairly quickly. (Unfortunatley, I only know enough programming to tell someone what I want.)
Number of Bars
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philmcgrew replied Oct 25, 2009Spreads are in pips and you have to pay the spread regardless of your account currency. If you are asking if your broker will charge you an additional spread to maintain your account in SGD then you will have to ask them how that is handled. Welcome ...
Need Help on spreads on a SGD account