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cat replied Aug 5, 2012I think deep down for us is more important to be right (
) then to make money and this is in my view why most of us sucks in this business.
Please correct me if I do not make sense..[/QUOTE] You make sense, but this takes us into an area ...EURUSD
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cat replied Aug 5, 2012Agreed, I think " anticipate " is far better, it implies a lesser degree of certainty.
EURUSD
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cat replied Aug 5, 2012[QUOTE=ForexMGames;5903565]First up, the king of forex, the EURUSD. All other major currency pairs move in relation to EURUSD. Even if you are trading other pairs, you have to watch this. No you don't, you concentrate on the pair you are trading and ...
EURUSD
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cat replied Aug 5, 2012Well Mike, you do have to predict in forex, because the very act of placing a trade is based upon a prediction as to what the price is going to do and how far it is likely to go. But I know what you are talking about, no point trying to predict say ...
EURUSD
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cat replied Aug 4, 2012We are all failures until we succeed. As the ancient Japanese proverb tells us " Failure teaches success ".
Why do you Trade Forex?
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cat replied Aug 3, 2012The bitter words of a failed would be forex trader, but don't worry, you're just one of the other 95% who fail. Ask yourself why though - is it really because you have given it your absolute commitment, but just cannot make a success of it no matter ...
Why do you Trade Forex?
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cat replied Aug 3, 2012There are many ways to make money in this world, and so if I said that I was in this purely for the money it would only be half the truth, although it has to be said that there are very few professions that offer the potential rewards that trading ...
Why do you Trade Forex?
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cat commented Aug 2, 2012[quote=starkar;5898474]I go away from this pair, it's a piece of shit, you can blow account by both ways.. just made 100pips on aussie..
and yesterday too..
[/quote Look at AUD/USD compared to EUR/USD today, they are identical - if you lost ...ECB Press Conference
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cat commented Aug 2, 2012A statement like this merely shows that you are not a trader, or if you are, then an unsuccessful one. I spent five years analysing and studying the market, and now, when I put on a trade, I have already calculated where the price is likely to go, ...
ECB Press Conference
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cat commented Jul 31, 2012Now I've seen everything, a guy who claims he builds his account by 200-400% a day, and he's asking anyone out there for help!!??
The 5 Types of Courage For Forex Success
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cat commented Jul 30, 2012Yup, you've gotta have courage to make money in this game, and you've got to keep taking those trades that meet your entry criteria, time and time again, one after another, despite the fact that you never know for sure whether each one is going to ...
The 5 Types of Courage For Forex Success
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cat replied Jul 27, 2012Don't know if you've pulled up a monthly chart for awhile, but I've been keeping an eye on the 200SMA because last time the price hit it in April 2010, we had a 3,000pip rise back up, in stages obviously, but it has hit it again, and combined with ...
EURUSD
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cat replied Jul 26, 2012Draghi " The ECB is determined to do whatever it takes to preserve the Euro, and believe me, we will do it" = major spike!!
EURUSD
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cat replied Jul 25, 2012You've always got to base your trades on a combination of factors, not just on a candlestick formation, or on a juicy looking MA crossover for example. For me, several things came together this morning at 8am. There was definitely the hammer ...
EURUSD