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4exNinja replied Nov 22, 2012Once again I'm long EUR and short USD and AUD. Up 57 pips so far despite a negative GBPUSD trade (stupid pound caused every single loss I had this week). They'll probably come out with a statement saying "we're working on it, Greece solution ...
THV System Trades & Patterns Thread
- 4exNinja replied Nov 21, 2012
Germany can't afford to let Greece go bust (which is why Merkel just said that a few minutes ago), so the smart money knows that at least for now the EUR isn't going to die. They also can't afford to let Spain go bust as the outcome would be worse ...
Do you check news all day?
- 4exNinja replied Nov 21, 2012
The only reason I watch the calendar is because it tells me when price moves are likely to happen...I don't based my trades on fundamentals at all. Most days I check the calendar in the morning and note down when important news comes out, other than ...
Do you check news all day?
- 4exNinja replied Nov 21, 2012
Bought EUR and sold USD this morning...up 73 pips spread out over 3 trades. Also had a USDCAD and GBPUSD trade but they rallied up 15pips before kicking me out at break even. Happy days
Trades closed...networking event at the pub, don't want to ...THV System Trades & Patterns Thread
- 4exNinja replied Nov 21, 2012
Ups, yeah, it's Remote RDP...damn typos
As for your questions: 1) Never had an issue, neither on my tablet nor on my Galaxy S3 phone. 2) I have a VPS server through SWVPS...they're cheap and their support always treated me ok. If you go with ...Show us your workstation!
- 4exNinja replied Nov 20, 2012
I trade using a Samsung Galaxy 10.1 tablet...connected to my server through a program called Remote RDC. My workstation is wherever I am at any given time. Last summer it was Thailand for 7 weeks, at the moment it's in London. Trading the H1 charts ...
Show us your workstation!
- 4exNinja replied Nov 20, 2012
Not having a stop loss is a DISASTER for beginners in my opinion! Why? Because it makes it too easy for them to buy into "hopium" of trades turning around once they're against them. It leads undisciplined traders (which most new traders seem to ...
Real Fx traders do not use stoploss
- 4exNinja replied Nov 16, 2012
I trade the H1 charts using a modified version of THV (mixed with some elements from the Genesis system). What keeps me out of choppy markets though is the Damiani Volatmeter indicator. Spent a TON (!!) of time figuring out what settings achieve ...
What is your best chop indicator to keep you out of choppy markets?
- 4exNinja commented Nov 13, 2012
You don't need charts to work with Fibs? You can calculate all levels without ever looking at a graph
People have used that sequence since 200BC... I'm not saying there's zero correlation between price and Fibonacci on its own, all I'm saying is ...
DeMark Fibonacci Charts Embraced by Cohen Lure Investors
- 4exNinja commented Nov 13, 2012
Agreed. I'm just saying he's a bit full of himself claiming god is steering his trades...when in reality it's fully explained by lemming behaviour. Of course making the "god" claim is a clever marketing trick and sounds a lot better than "let's use ...
DeMark Fibonacci Charts Embraced by Cohen Lure Investors
- 4exNinja commented Nov 13, 2012
Fibonacci only works because so many traders are using it. Mathematically there's ZERO reason why it should work. Of course if thousands of analysts base their trades on it, it becomes a self-fulfilling prophecy. They could also use some miracle ...
DeMark Fibonacci Charts Embraced by Cohen Lure Investors
- 4exNinja commented Nov 12, 2012
I actually agree with this...all that matters is price action. At this stage of central banks messing with the economy as much as they are, basing trades on fundamentals is just plain nuts
Obama may now take the gloves off with Europe
- 4exNinja commented Nov 12, 2012
Not sure they'll get the money, but I'm pretty sure as before those sock puppets won't disappoint and come up with some "we have a plan, everything's under control" hopium message that lets the markets rally...at least for a bit.
EU Juncker: Expect No Definitive Greece Decisions Monday
- 4exNinja commented Nov 12, 2012
Oh Telegraph, how about doing some real research instead of spouting nonsense? The GBP just broke through key support, and just because you're pro-UK and strongly (!!) anti-EU doesn't mean the pound will automatically rally. What a joke of a ...
UK recovery gathering steam, OECD says
- 4exNinja commented Nov 12, 2012
And that from the same guys who prosecuted scientists because they apparently didn't warn them of earthquakes early enough... As someone who's done tons of real estate business in Italy...the downgrade was 100% justified...especially considering ...
S&P, Fitch face trial over Italy downgrades
- 4exNinja commented Nov 12, 2012
The problem is, so is the US given the totally unsustainable debt. The only reason the US is holding on (for now) is that it's the world reserve currency. Once that changes (and it will given that so many countries are pushing for it), the dollar ...
EU Juncker: Expect No Definitive Greece Decisions Monday
- 4exNinja commented Nov 12, 2012
It's well known that the Telegraph is an anti-EU newspaper in the UK
Just read it for a bit and you'll realise that too...World cannot afford second Fiscal Cliff after Europe’s failed attempt
- 4exNinja commented Nov 12, 2012
Give us our HOPIUM damnit!!! Please dear EU sock puppets, please make the markets rally once more because of some nonsense hopium message, we want our pips
So one one hand we have the US fiscal cliff, and on the other a stalling care package for ...EU Juncker: Expect No Definitive Greece Decisions Monday
- 4exNinja replied Nov 12, 2012
Funny how undecided the market is today. One one hand you have the US fiscal cliff scaring people (so you'd expect the dollar to plunge), but one the other hand you have Germany who doesn't want to approve the EUR care package (so you'd expect the ...
THV System Trades & Patterns Thread
- 4exNinja commented Nov 12, 2012
The Telegraph is kind of stating the obvious here, but people have to keep in mind that they're routinely understating Great Britain's weakness while overstating Europe's issues...they're a VERY anti-Europe newspaper. Just figured people not from ...
World cannot afford second Fiscal Cliff after Europe’s failed attempt