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magnumfreak replied Jul 29, 2008A quick note about my trading expertise. I started back in October of 2007 with $7,500. By the end of December I had replaced 40-50% of my income and by March I had replaced all of it. Forex is my main source of income, although I will occasionally ...
Dawg Days Of August
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magnumfreak replied Jul 29, 2008The amount of money you start with DOESN'T MATTER! Are you any less of a trader if you trade an account with a balance of 250 dollars than the one trading an account worth 250,000 dollars? Nope! If you both risk 1% of your account for a trade then ...
Dawg Days Of August
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Dawg Days Of August
Started Jul 29, 2008|Trading Journals|77 replies
Yes, I am fully qualified to spell Dawg that way being from Georgia. WARNING!!! If your ...
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magnumfreak replied Jul 29, 2008are you going around spreading the truth again, TDION??? Shame on you. LOL! Take a look at his signature: SLK Forex Journal: My forex trading journal, an attempt to rescue my account from margin call. attempt to rescue my account from margin call. ...
150-200 pip/month without technical indicators.
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magnumfreak replied Jul 28, 2008although it does happen, it is rare for Japan to push a currency past the high or low of the U.S. session. By what I can see, the low of the U.S. session was 213.85. It could spike down to your target but I would watch it close for a change of ...
GBP/JPY with Seaward22
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magnumfreak replied Jul 28, 2008i was but it doesn't seem to want to comply. my indicators are stuck in the middle so currently for me at least it is a no trade.
AUD/JPY
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magnumfreak replied Jul 28, 2008i define scalping based on the time frame I am trading. if I am on a 5 min chart then I am scalping, 60 min chart swing trading. I wait for an indicator to go to an extreme (i.e. stochastics overbought or oversold). I then wait for an entry ...
Scalping or Swing trading
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magnumfreak replied Jul 28, 2008to me at least forex is easier right now. there is so much uncertainty in the u.s. stock markets. something can happen to one company and it brings down the rest in the sector hard and fast even if there is no valid reason to do so. investors are ...
Cesarnc's market talk, gossips, rumours & fun
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magnumfreak replied Jul 28, 2008had one trade on audjpy last night. missed one earlier in the evening. on the trade I did take I captured 30 pips. I jumped out when it seemed to have a hard time getting through the yearly pivot sitting at 102.89. could have captured about 20 more ...
AUD/JPY
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magnumfreak replied Jul 28, 2008cool. 4 trades for me on gbpjpy overnight since about 8 pm eastern. First scalp 40 pips, second 105, third 70 and the last was 20. I will scalp when none of my swing trades are ready yet. Great way to supplement the income. You seem to be a high ...
GBP/JPY with Seaward22
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magnumfreak replied Jul 28, 2008bad choice of words on my part. Lost in the translation from down south. LOL! Forget it and lets move on. Are you saying that you captured about 100 pips during the U.S. session or overnight??
GBP/JPY with Seaward22
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magnumfreak replied Jul 28, 2008Seriously, don't take yourself so seriously. Waste of time may not have been the best choice but certainly a 20 pip gain for Karmo would be a dissapointment to say the least. Read through his posts and threads and you will see what I mean.
GBP/JPY with Seaward22
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magnumfreak replied Jul 28, 2008dow will break 10,000 soon. A few bear market rallies in there but a slow steady decline. Based on technical analysis on the weekly chart we should see it go all the way down to about 9200. Glad I trade forex and not stocks anymore.
Cesarnc's market talk, gossips, rumours & fun
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magnumfreak replied Jul 28, 2008Wow! 20 whole pips. Don't spend it all in one place. LOL! You should spend some time reading Karmo's threads and posts. 20 pips gained is a waste of time to him. One of the best traders on FF.
GBP/JPY with Seaward22
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magnumfreak replied Jul 28, 2008I believe that you should have both in your arsenal. Swing trading is easier in my opinion. What I usually do is scalp while I am waiting on swing trade set ups. But only a few hours a day just for fun. Is scalping more profitable?? I think based on ...
Scalping or Swing trading
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magnumfreak replied Jul 28, 2008absolutely. there are alot of good people on here willing to help.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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magnumfreak replied Jul 28, 2008Back off the caffeine a bit and you should be ok. LOL! You post more than anyone I have seen in this forum. Not a bad thing, don't get me wrong. Kind of reminds me of a chihuahua on crack.
Just kidding. Keep posting I enjoy your enthusiasm.EURUSD
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magnumfreak replied Jul 28, 2008Just reverse the code and you will have a real winner of an EA. LOL!
Auslanco - GBP/JPY and GBP/USD (newstrade)
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magnumfreak replied Jul 28, 2008a commitment to continuous improvement will carry you far in forex. Congrats for writing things down and looking for ways to improve. When I started putting all of my trades in journal entries and then looking for ways to get better is when my ...
EURUSD