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philmcgrew replied Oct 23, 2006Really? What is the current correlation between these pairs? And, if you did think they were highly correlated, wouldn't you be doubling your exposure to the USD?
Developing a system - LIVE experiment ;)
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philmcgrew replied Oct 23, 2006OK, I'm bored, which video and what point? It's either this or clean my office.
How many years to become profitable?
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philmcgrew replied Oct 23, 2006rob booker made a point? What was it?
How many years to become profitable?
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philmcgrew replied Oct 23, 2006Usually when someone says they learned a lesson they don't turn around and do the same thing over again.
Developing a system - LIVE experiment ;)
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philmcgrew replied Oct 22, 2006Your third lesson might be that you shouldn't trade mini lots on such a small account. Despite that, I wish you the best.
Developing a system - LIVE experiment ;)
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philmcgrew replied Oct 22, 2006Those aren't central banks! http://www.federalreserve.gov/pubs/frseries/frseri3.htm
Elections in Usa
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philmcgrew replied Oct 22, 2006Thanks for serving. I was I was a reactor operator on a submarine (USS Chicago) so I know what it means to put your life on hold for low pay.
Elections in Usa
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philmcgrew replied Oct 22, 2006200 posts would take about a week at this rate
Why did you leave and why did you change your name? I am still waiting for the mega information on election influenced market direction. When will you share that?Elections in Usa
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philmcgrew replied Oct 22, 2006You might want to check your calendar. The elections are 2 weeks away (which is less than a month). Where is the mega information? By the way this is a mid-term election, not a presidential election. I would be surprised if anyone capable of ...
Elections in Usa
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philmcgrew replied Oct 20, 2006I think if you are trading for the thrill you're missing the point. Trading is the most boring job I've ever had.
Can anyone tell me a good indicator for 5m charts?
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philmcgrew replied Oct 20, 2006I think price will bounce off of one of those 21 fib numbers. That's got to be a record!
USD/CHF
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philmcgrew replied Oct 20, 2006If we knew which way it was going it would be a breakup or breakdown instead of a breakout. All trading is guessing on some level. You just try to be right a couple more times than you are wrong. After that, you let money management sort it out.
damn, this doesn't make any sense
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philmcgrew replied Oct 20, 2006The truest definition of a bullish trend is one where the market makes higher highs and higher lows. A bearish market is one where the market makes lower highs and lower lows. A rangebound market is one in which previous highs and lows are respected ...
Trend and Range
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philmcgrew replied Oct 20, 2006The shorter term you trade the more the spread kills you. On a 5 minute chart the spread will easily eat up 40+ % of your equity. The best 5 minute indicator might be to change the time frame to something higher.
Can anyone tell me a good indicator for 5m charts?
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philmcgrew replied Oct 20, 2006Most veteran traders have learned not to care why the market moved. The only real question is did you (or should you) catch the move. You'll drive yourself nuts trying to figure out why something happened. Even if you do figure it out, you'll be ...
damn, this doesn't make any sense
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philmcgrew replied Oct 20, 2006mrgreen, this is one of my all time favorite books. I highly recommend it. If you're offended by the title then you should definitely read it.

beginners luck?
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philmcgrew replied Oct 20, 2006http://www.forexfactory.com/forexforum/showthread.php?t=8300&highlight=north+finance
North Finance