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Venice replied Aug 10, 2013Your good man. Your asking questions, even if the responses are not accurate of your views right now. What's important is that we get you studying price and it's behavior. It takes on average 5 years to start becoming consistently profitable, and I ...
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Venice replied Aug 10, 2013So basically... the market runs everyone over... irregardless of your position.
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Venice replied Aug 10, 2013Scientists have no idea why gravity exists and works the way it does. Only how it does. This provides a base for them to understand it and potentially use it to their advantage. Why... is philosophical. How... is mechanical.
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Venice replied Aug 10, 2013The why... I really do not care about. I could say supply this or demand that... but in reality I don't know. The truth is, the market is a culmination of so many different things that I do not consider it a good use of time to answer the why. Maybe ...
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Venice replied Aug 10, 2013Maybe you just haven't noticed it yet. My entire strategy follows this IF/ELSE logic... because when X does happen, there is a high probability of Y happening. For instance... when a LL happens there is a high probability that the next LH will be ...
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Venice replied Aug 10, 2013Hmm... I like this better: "And now onto the rules we have to obey, based off of the perceived actions of price which has a high probability of behaving X, when Y happens"
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Venice replied Aug 9, 2013Ah Tom... it was done and over with man... as for the yard thing... it's a joke that spun off of the drama... that even HDA chuckled at.
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Venice replied Aug 9, 2013Fun facts about me related to trading for your Friday afternoon lull. - started in 2008, first profitable year was last year - I never enter an order via market. They are always limits. - You will never hear me trade with absolute conviction. I see ...
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Venice replied Aug 9, 2013Humans love labeling things, and coming up with new labels. Labels that don't make sense either. Source: See imperial units
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Venice replied Aug 9, 2013
You got it. Price is just a series of moving or breaking between supply and demand areas. The path is laid out... once you determine the direction of the path you just gotta follow the foot prints.EURUSD
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Venice replied Aug 9, 2013Sure you can. Where do you think the 'reward' part of the risk/reward ratio comes from? I never say to myself: I'm going to risk 10 pips for who knows. I always know, at the very least, a minimum target I want. Sometimes this is 100% of the trade, ...
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Venice replied Aug 9, 2013... Dat feeling when you only have a 10 pip draw down on a daily chart trade.




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Venice replied Aug 9, 2013hehehe. Love it. Plenty more to come too. H4 has some work to do... but it'll be flipped soon enough (i hope!).
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Venice replied Aug 9, 2013Got it mate.
That "yard" conversation escalated into something pretty hilarious though. That's what I'm here for. hehehe.EURUSD
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Venice replied Aug 9, 2013All the currencies are like this
I think that's why the FX market is one of the easiest to trade. I don't know who these crazies are out there saying FX is the wild wild west... More often then not... price is just doing it's usual *consistent* ...EURUSD