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What pair(s) do you trade and why?
Started Nov 21, 2013|Trading Discussion|10 replies
Thought it might be interesting to find out what people are trading here and the reasons why. ...
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cat replied Nov 20, 2013Number 8 sums it up = FEAR - people get rich because they don't fear failure, and will keep on plugging away exploring every avenue until they succeed. But money isn't usually the driving force, it's the will to succeed above all else that drives a ...
21 Ways Rich People Think Differently
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cat replied Nov 18, 2013Well if that were true, it shouldn't affect your trading at all. I see purely technical moves, with uj coming off H1 100sma support on the 13th/14th, and again today in an otherwise upward trend. though there is now pretty firm resistance at around ...
EURUSD
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cat replied Nov 13, 2013TP hit - very fast 120 pips - nice if they were all like that!
Cable Update (GBPUSD)
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cat replied Nov 13, 2013Yes, about a dollar a day. I can get the same platform from another broker free of charge but with very limited historical data, which means I pay for this one really only for backtesting purposes.
Cable Update (GBPUSD)
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cat replied Nov 13, 2013My chart showing why I went long before the news. Strong looking support and a rising MACD prompted my decision to risk spikes and open the position, not something I do lightly, but got away with it this time! TP 15.999.
Cable Update (GBPUSD)
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cat replied Nov 13, 2013I'm anticipating a rally from here, despite eco figures, up to perhaps a high of 16,017, before the next leg down, though I don't want to speculate how low we'll go at this juncture. As always, could be wrong!
Cable Update (GBPUSD)
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cat replied Nov 8, 2013Hopefully you're on demo. The 4 hour candle closes in 30 mins, and there's always a strong possibility that it'll get sold down extra hard the closer to the close we get, so as always with forex, patience is a virtue. Trading what you would like to ...
EURUSD
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cat replied Nov 8, 2013why mince your words - it's effing lunacy!! not one Buy signal apart from the fact that it found support on the Daily and weekly 200ema, and that certainly isn't tempting me. edit: just above 76.4% fib retracement from yesterday's low, so could be a ...
EURUSD
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cat replied Nov 7, 2013It's one of the unwritten ( sometimes written ) rules of ff to at least make an effort to explain any particular view you have as to why the price may move up, down, or sideways. To merely come onto a thread with a load of wild and unsubstantiated ...
Cable Update (GBPUSD)
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cat replied Nov 4, 2013This was the hardest thing for me to overcome, accepting that losses are inevitable. As long as one has a fear of losing, one cannot trade, period. I came to the juncture where I either came to grips with it or give up trading. By concentrating on ...
What do you find hardest about trading?
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cat replied Nov 4, 2013Yes, trading can be a lonely business. Having friends who are also traders is great if you can find them, but I think in a way that is what this forum is all about. Most people here just want to communicate with other traders more than actually ...
What do you find hardest about trading?
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cat replied Nov 3, 2013Sure , you can be consistently profitable for a year, but it's the amount of time it's going to take you to get to this stage that BeginnerJoe is referring to. Now if you are fortunate enough to have some wealthy benefactor who's going to fund you ...
What do you find hardest about trading?
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cat replied Nov 3, 2013Definitely, it is the first and perhaps biggest hurdle. Try starting any business with nothing! What one has to try to do initially is to look at trading as one would any new skilled profession, something that has to be studied and learnt, just like ...
What do you find hardest about trading?
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cat replied Nov 1, 2013A couple of points you make need to be cleared up here. Firstly about banks and the traders that work for them, cannot be compared in any way shape or form with retail traders such as those on this forum. They are playing in the millions or billions ...
We were fools to believe candlesticks can predict
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cat replied Nov 1, 2013Oh yes, patience!! You've got to have bags of it to trade successfully. I think it's one of the main reasons why so may fail. You've got to have the patience in the first place to stick with trading as you learn by trial and error, which takes most ...
What do you find hardest about trading?
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cat replied Nov 1, 2013For starters, your post doesn't make any sense whatsoever, and if you truly believe that ultimately we're all fuxxxd, including you, then what in heaven's name are you doing here?
We were fools to believe candlesticks can predict