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Good Lookin replied Jun 25, 2012Consider both yet neither. Long term traders need the trend. Shorterm traders don't need it as much. Forex moves in waves. Even trends are in waves. Sell high buy low. Getting a supply zone thats low on the curve is weaker than getting a demand zone ...
B.S. Trading with Kenneth Lee
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Good Lookin replied Jun 24, 2012Actually Ken uploaded a great indicator in this thread a while back that will give you the strongest levels that you can make a trade plan around. After he uploaded it he shows us how to use it. I think he uploaded it in post #1. Try reading it then ...
B.S. Trading with Kenneth Lee
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Good Lookin replied Jun 22, 20126/18/12 thru 6/22/12 Offerings — Simple money management. 2.5% over 25 pips equals 0.1% per pip Day 1: 55 pips Day 2: 1 pip Day 3: 121 pips Day 4: 267 pips Day 5: 74 pips Week: 518 pips 51.8% Trading my style perfectly is attainable, ...
GLJ
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Good Lookin replied Jun 22, 20126/18/12 thru 6/22/12 10m Observance — The following situations are how i would like to trade. My environment offers plenty of distractions, i don't always have enough time every morning to properly analyze my charts, and i don't always have ...
GLJ
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Good Lookin replied Jun 22, 2012Overall Bias 6-18-12 thru 6-22-12 — My overall understanding of where we're at. image image
GLJ
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Good Lookin replied Jun 22, 2012Starting now i'll be posting my daily observances and will probably stop posting my past trades. I found myself adding "trading to impress" to the list of things that would lead me to a faulty call. Rather than attempting to conquer it, it would be ...
GLJ
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Good Lookin replied Jun 21, 2012Today is a good example of why i started this journal. Today was clearly a down day, all the signs were there. Overall we were in the high portion of our channel and i've been waiting for this move down to happen. Unfortunately i didn't enter it. ...
GLJ
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Good Lookin replied Jun 19, 2012image image image Once i'm over this silly cold i hope to be back in regular trading form.
GLJ
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Good Lookin replied Jun 19, 2012Well if you have this understanding then you must have created a system on some level. The real question is what specifically do you feel your current system is lacking that would take you to the next level?
Developing a system
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Good Lookin replied Jun 18, 2012missed — image I didn't mention it earlier but i'm unsure of the general direction of the market currently so i've adapted my trading style to fit my current outlook.
GLJ
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Good Lookin commented Jun 14, 2012Thanks random news, easy 20 pips on the EU
G20 sources say central banks preparing for coordinated action
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Good Lookin replied Jun 14, 2012What i do. 1st Try to figure out market direction. Whats it looks like on the daily? Are we high or low on the curve? Any important news releases recently? If there were, what exactly transpired? Any important news releases coming up? What do the ...
GLJ
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Good Lookin replied Jun 13, 2012Many factors effect the bottom line in trading. Is your entry and exit plan profitable on average? Is your entry and exit easily identifiable? How often do you can you execute the plan correctly? Lets say your plan is to risk 1:1 with a 80% success ...
GLJ
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Good Lookin replied Jun 12, 2012All depends on the type of system you share. If your system is buy on Tuesday at 11:57 pm and sell on friday at 9:59 am and your getting 30% a month on average then i suggest you keep that to yourself. On the other hand if your system requires user ...
why do people share profitable systems?
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Good Lookin replied Jun 12, 2012Back to where i began — Personal obligations have just increased 3 fold so i won't have time to do the other pairs. So for now i'll just continue with the Eur/Usd as i was doing originally and sometime in the future i plan to continue on with ...
GLJ