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fxhermit replied Nov 6, 2010Go for it — Looks like a solid 3 MA plus RSI system. Have at one point traded something similar. Like most MA based systems, they can be consistently profitable more or less so depending on your experience and skill level. P.S. What's it like ...
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010Is it change or noise — Although I agree that there really is no secret formula I don't necessarily agree that the markets are always changing in the manner that I think you must mean. Yes, the markets are constantly changing but that change, ...
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010Yes, I think you are right to a degree. I see the randomness as the market noise, underlying that, I believe, is a truer structure of the market (Impulse waves and Corrective waves). The trick (Holy Grail??) lies in exploiting the wave action ...
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010[quote=CindyXXXX;4152201]How can you disprove this? I think the biggest myth is that there is no holy grail... Just hear me out! I dont waste my time searching for it, but what can I say Im a believer! Wheather its through manipulation by a ...
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010Dictionary — From the Random House dictionary: myth (mith), n. 1. a traditional or legendary story, usually concerned with dieties or demigods. 2. a story or belief that attempts to explain a basic truth. 3. a belief or subject of belief whose ...
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010Yeah, I don't get this — Yeah, I don't get this ...... is the Mafia gonna rub you out??? Hell, just make an e-book out of it, give it a stupid name (Forex Slayer), attach a few rehashed indicators and sell through Clickbank. Oh wait, its ...
Ridiculous Trading Myths
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fxhermit replied Nov 6, 201010k rule — To me, the 10k rule is just another way of saying that there is no substitute for experience. Although that may be true, it doesn't necessarily follow that success cannot be achieved well before gaining that amount of experience. ...
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010"we would still be driving horse and cart and mapping the world as flat." Ahhhh ...... don't you just long for the good ol' days, life was so much simpler then .... or is that just a myth?

Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010Yes — Yes, there are some "oddities" in that thread as well. I didn't get what that was all about (nor do I care). Never the less, some very applicable info (simplicity, trend) in that thread.
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010Perhaps — "Ex Nihilo" = "out of nothing" Maybe that's what Quantum physics is trying to tell us - that everything comes from nothing and will ultimately return there. What the h*ll that might have to do with trading, if anything, is anyone's ...
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010The "holy Grail" of all myths — The "Holy Grail" of all myths is that trading must be complicated in order for it to be profitable. Seeing CrucialPoint posting here reminds me of his very good thread (one of the best on FF, IMHO) ...
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010learning Forex — Learning Forex is kind of like what one of my Physics professors had to say some years ago about getting a Phd. "You learn more and more about less and less until you know everything about nothing."
Ridiculous Trading Myths
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fxhermit replied Nov 6, 2010greatest myth — "Nothing works in Forex" ..... or is that a myth, which in itself could well be a myth?

Ridiculous Trading Myths
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fxhermit replied Nov 2, 2010Disappear? — Hi Yousafzai, Nice chart setup. Will you share your AIMS AO? Why are you "disappearing" for good? Are you still trading "the dogs"? Hope to still see you on FF - always enjoy your posts. All the best.
Profitunity (Chaos) Trading System by Bill Williams
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fxhermit replied Oct 25, 2010Ooops — Well, that didn't work out so well. Hmmmm.... do you think they are onto us? LOL.
The Scalpers Dream
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fxhermit replied Oct 25, 2010Loss? — Hi Jaws810, Care to elaborate? Was it a case of setting the trades a bit to early before price had a chance of settling into the xx60 to xx40 zone and then getting stopped on the retrace? (yellow boxes on chart) Orders set at first ...
The Scalpers Dream
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fxhermit replied Oct 25, 2010Set & Forget — Price is nicely into the xx60 to xx40 zone and orders are set.
The Scalpers Dream