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J B Collins replied May 11, 2012Thanks Turveyd. I couldn't watch 10 pairs at once. My limit is 3. I trade EUR.USD, EUR.CAD, and EUR.JPY. (I currently have a EUR.CAD trade on. I was waiting on the break out on that pair since yesterday) I'm not good at multitasking and I trade for ...
Why do indicators not work/work? Why is Forex not truly random?
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J B Collins replied May 11, 2012Here's some screenshots of a trade I posted earlier and a small pull back trade I took too. It's easier to show what I was trying to explain before than talk about it. I could post a progression of 100 charts in running order that are all equally ...
Why do indicators not work/work? Why is Forex not truly random?
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J B Collins replied May 11, 2012I'm not sure what your question is, but inside the circle on this chart is an example of confirmation on a trendline break out trade. You can also use horizontal price levels, price rejection, price weakness, and a few other types of signals for an ...
EURUSD
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J B Collins replied May 10, 2012Algorithms work for exploiting a market inefficiency that exists 30 milliseconds before a bid hits the open market. Those opportunities are long gone once price prints, so are of no use for the average retail trader. Either you have predator ...
Why do indicators not work/work? Why is Forex not truly random?
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J B Collins replied May 10, 2012This is a very logical post. If traders take everything off their charts it's much easier to read the behavior of candles and where the battle lines are drawn on the timeframes above the one you're trading. Searching for short cuts takes away from ...
Why do indicators not work/work? Why is Forex not truly random?
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J B Collins replied May 10, 2012That depends on your risk appetite. The lower your leverage and position size you risk each trade, the higher your overall profits will be. The reason for this is if you risk too high a percentage of your account it takes more trades to recover your ...
EURUSD