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marketsnipers replied May 28, 2007And how do you explain its retrace back to the 22nd December price level?
How Do You Trade On a US Holiday?
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marketsnipers replied May 28, 2007I personally haven't had this experience, but I was told by my friend about his friend who traded NFP and made around 50k, and soon after that her account was closed at Oanda, because she was proving costly to them.
Getting flagged after a withdrawal
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marketsnipers replied May 28, 2007My intention here is not to prove you guys wrong. This took me 15 minutes to setup, but I hope it will be well worth it. Look at the first chart of IBFX under the name, Now you dont.jpg. You will see 22nd December and next 26th December Tuesday. ...
How Do You Trade On a US Holiday?
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marketsnipers replied May 27, 20071. Stop and Reverse , if a bad trade. 2. Scale the price using 3 positions with different TP. 3. Trail the 3rd position.
Simple 4 Hour System
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marketsnipers replied May 27, 2007Not yet. The stop is at least 50 pips away. There hasn't been a confirmed buy yet for a SAR.
Simple 4 Hour System
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marketsnipers replied May 26, 2007One of the phases is to let your system take 100 Live trades and only then consider it successful.
How to build Trading system?
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marketsnipers replied May 26, 2007To an extent eurusd is safer, because even though it trends, it doesn't do in the fashion that gbpusd does.
Spreading Strategy
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marketsnipers replied May 26, 2007The same as 4 hours settings. The chart was an example of how the system works in the daily time frame as in 4H. It was a response to the previous post.
Simple 4 Hour System
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marketsnipers replied May 26, 2007Here is a random daily chart for you from eurusd. You can see both the entry as well as the re-entry (The big rectangle box with multiple re-entries). A 900 pips move up.
Simple 4 Hour System
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marketsnipers replied May 26, 2007I would say, I am a medium term trader. Yes, I have checked it in the Daily time frame and it works better than 4 hour for every currency. For example the last buy trade on gbpjpy is up 800 pips or the EURCHF which is up nearly 600 pips. Yet, I ...
Simple 4 Hour System
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marketsnipers replied May 26, 2007eurchf and eurusd. 2 different strategies.
How many pairs do you trade?
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marketsnipers replied May 25, 2007Grid strategy works well with ranging pairs. Do not attempt pairs like gbpusd, gbpjpy with this strategy. You will not know what hit you.
Spreading Strategy
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marketsnipers replied May 25, 2007My friend, With a little effort you can save a lot of your time and others. Here is the best I can do for you. Take a look at the image. Please set your indicator to true for weekly and false for others under the INPUT tab. It will show up.
Simple 4 Hour System
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marketsnipers replied May 25, 2007Here is a eurjpy pair. For example purpose only. There was a sell trade triggered that was good for 85 pips which means the first 2 positions were hit and the third position closed at breakeven. Look at where the sell reversed. I have placed an ...
Simple 4 Hour System