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Chicky replied May 17, 2009Welcome back to the year 2009. Who is president of the United States in the Year 2030?
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Chicky replied May 17, 2009
Go below and read more. That one was blood drying but very profitable. However, there were countless other occassions, when I lost a lot.EURUSD
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Chicky replied May 17, 2009This is what I do. Most of the time sitback, relax and nurse semi for right opportunity. (if you need to know what is nurse semi, contact Gatorinla or Jay Walker)
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Chicky replied May 17, 2009Behzadov, consider me a friend ....... though I am a non believer of Elliot and many of his friends.

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Chicky replied May 17, 2009
The way you have mastered it, he should "comeback" and seek guidance from you.
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Chicky replied May 16, 2009What about this attachment?
Mathematical reasons why MOST DayTraders & scalpers fail?
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Chicky replied May 16, 2009There is more to it. You may like to develop expertise also in PA reading and chart analysis.
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Chicky replied May 16, 2009
Prevention is better than cure. I would only decide a move to play if it satisfies my these two indicators: 1. Feel Good Indicator (economic situation) 2. Feel Not So Good Indicator (economic situation) I will only enter if I believe that ...EURUSD
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Chicky replied May 16, 2009It is simple. I decide how much I want to lose. Let's say 30%. Now I would divide it into 10 portions i.e. 3% on each trade. Now I would decide where would be my sl if I open at the market now. Let's say If I sell Euro/USD now, would put my sl at ...
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Chicky replied May 16, 2009Pqt, There are several systems, but each of them work in particular environment. I can only follow trend, if there is a trend. After August 7 and 8, there is absolute uncertainty. Market doesn't know where to go. It goes up then down, then up then ...
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Chicky replied May 16, 2009For few days, weeks or trades you may have a figure as a bottom line. For doing it continously, the bottom wouldn't need a line - Just one digit "0" will be enough. Don't forget it is zero sum game. Its the market volatility now a days that makes it ...
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Chicky replied May 16, 2009Cammomile, I cannot even think of trading without a stop loss. However, my stop loss would be very far away. For example if I short Euro/USD now, my stop loss would be 1.42xx or if I go long it would be 1.30xx. No I only trade daily (serious ...
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Chicky replied May 16, 2009No it is .05 to .1 percent. But as trades go against me, it gets better and better and may reach 1:5 risk/reward with x% risk on equity (Not inserting a figure, afraid that newbies would try to follow) . It is a sort of martingale
(please don't ...EURUSD
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Chicky replied May 16, 2009Sun, it may be coincidence, but 100SMA gives me a stop loss just below 1.3000, I would have used if had a long poistion open at this moment. I trade off daily charts.
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Chicky replied May 16, 2009Notch, not every idea goes with every system. You may like to know that I enter in a series of trades, not just one or two positions near a s/r or fib. Plus my stoplosses vary from a few pips to 500 or even 700 in an effort to set my r/r. My tps are ...
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Chicky replied May 16, 2009I am not sure how Fxexpress' method would work for others, but it gives me even tighter sls than I currently use. I trade off daily and hourly timeframes. My back testing shows perfect results provided one uses change in 100SMA angle to close the ...
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