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Chicky replied Dec 17, 2014Just one simple question. How do you normally get into your house, through door or window? ................. Please note that the question says YOUR HOUSE and not that of Madhuri Dixit's. How can it go to 1.2350 or even to 1.2469 without breaking ...
EURUSD
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Chicky replied Dec 17, 2014I am repeating my answer after all these years. Will renew one more time in 2018. Did we yet find a person still alive martingaling forex?
Did Martingale work for someone?
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Chicky replied Dec 17, 2014Euro Monthly close below 1.2330 for Dec 2014 will be a positive sign for this down trend. Each bar represents a month and the last one on the right is for Dec.
EURUSD
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Chicky replied Dec 16, 2014I would say bear strength if it remains below 1.2600 despite recent positive data. It is our tradition to post a chart, here is one.
EURUSD
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Chicky replied Dec 16, 2014Lips on the breast and fingers on the thighs .................................. It's dinner Time, eating chicken. Went short on eur/usd.
EURUSD
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Chicky replied Dec 14, 2014You are not feeling confused, you are confused but more precisely indecisive. Why it is necessary to trade when things are not clear? Pick the applicable answer: 1. Because other people are trading and they are sure of their trades. 2. I have a ...
EURUSD
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Chicky replied Dec 14, 2014Bets relate to uncertainty and not assurance, but a bed has multiple uses. I know this because I am 91. Installed a W.C. in my car last week, neighbors have called a meeting, they say its not very hygienic for the people living in this street but ...
EURUSD
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Chicky replied Dec 13, 2014The second thing is timing the trades. Look at this chart one more time. Steps are very thorny. They are not flat. One can lose an account on spikes at the tops and bottoms. If you carefully look at the chart, it did form steps but most of these ...
All About Money Management
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Chicky replied Dec 13, 2014This is very common thing, probably the most common in all technicals. Many technicals are build around this Price Behavior - few terms are Trend, Trend lines, Channels, Line of Least Resistance, Horizontal Support/Resistance, 61.8 or higher fib ...
All About Money Management
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Chicky replied Dec 13, 2014Looking at this current chart, if I plan to go long around 1.2400 won't be a bad idea.
All About Money Management
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Chicky replied Dec 13, 2014Now watch this. This is why I went long near the green marked areas and short near the red marked areas. But this is not all. There are two more things in this package, 1. Timing and 2. Money Management.
All About Money Management
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Chicky replied Dec 13, 2014I tried (the yellow arrows and lines), but not very convincing. It its not clear, move to higher time-frame. That means, the whole thing becomes a step (Blue line).
All About Money Management
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Chicky replied Dec 13, 2014Whenever price first time comes near the starting point of a preceding major move, it bounces off. Now analyze the same chart to see if it also true for down moves.
All About Money Management
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Chicky replied Dec 13, 2014Look at this chart. It has been marked for bull movements. Yellow are the small steps or secondary/small trends and Blue is the Primary/major trend. Note the arrows. These are low risk entries.
All About Money Management
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Chicky replied Dec 12, 2014If we analyze these charts, they show very simple things. The only complications are the lines that we draw on them. Let me know if I am wrong in my this following analysis: 1. Price goes up and down 2. In long term, it maintains a direction to a ...
All About Money Management