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the redlion replied Oct 13, 2011mla and BUMA, you call trades and have sound analysis, small money or big money, demo or live, it MUST BE THE SAME METHODOLOGY. given you have the balls to implement with same methodology, i truly think you will be fine
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011fti, mamood,crucial point, chicky, the fool, Hanover, Darkstar,Cloggie, Gatorinla, mla, goldman,Bumapatria,highlander, pip trapper, Gefx, even nubcake forgot to add, kingsurfer, tactical, Dongsky, dopey there are more but i might be missing some, ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011if you wanted a less risky trade, look for 3830-3850, a pull back with a strong support, means long it. a rejection forms a double top. then again, not on TOKYO LUNCH
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011no, i studied on the matter, its a bunch of hooey its 1pm Tokyo, 5am London, i think some people might be at lunch and low liquidity sets in, market moves more erratic. i am not in it to lose money so for now, this market is not clear short looks ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011i suggest waiting for london around the open and closes price has a funny way of acting if you are quick and nimble go at it, but careful with london open
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011not liking price behavior, will put stop loss
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011level one attack implemented 1.3790 highest peak, this is the ceiling and crucial point, if my position is wrong this is the best point to be wrong at the price that confirms it. so if in loss, the loss is not great, and if in profit it will be ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011image initial scout in, no big attack till comfirmed
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011not too wise, but if quickly implemented it could work re entered short 3785 , however possibility of upside breakthrough is great, price flooring strongly at 3770 no downside pressure by asia, so a possible bullsh formation can be in play. look for ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011this is some irrelevant spread discussion yes mathematically it is irrelevant, but higher spread is higher cost yes both netted 5000 however taxes will be paid as well.
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011moved stop to b/e this reminds me why i hate stops triggered with out even touching it
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011sell 3784 scout sent if up above ceiling i exit if falls i send a checker, price seems to be losing buying pressure will exit on loss of downside pressure for a quick scalp 1.3781 is key,
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011i can scalp sell this one at .3790 stop above it and look to exit quick as well
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011price seems to be flooring at .3770 not a lot of selling pressure on this one, granted a drop can still happen, i believe it likely to re test highs i will look to buy this one as a scalp with a stop below .3770 and be quick London can be ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011oh no!!! my nemesis nubcake is here
hey buddy you were right. on many counts and i accept, that as man. i argued with you so much but ego blinded me. i am using stops at times, trailing stops, and no stops according to what seems less risk. you ...14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011this is very dangerous mindset BUMA, you are thinking like a newbie. secret technique? what kind of b/s is that? you will decipher the mystery? perfect trading system? buma, this is one of those times i have to set you straight MONEY COMING IN, ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011what i did wrong FAILED TO ADAPT but why? i did not see it coming do to ego and imposing STRONG opinions on the market, my no stop stance is incredibly effective when close to market but when blinded it ran 200 plus pips from intial the grounded it ...
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the redlion replied Oct 12, 2011you know what Buma, i was thinking this through. you are my friend, and i committed myself to help you trade, so...... i will not ask for space, i think it is beneficial not only for you but for everyone including me, to learn to re group re ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011hi friends, just woke up, i was reviewing my performance over the past week and i have to accept that it has been disappointing, the book is safe and still shows over monthly target, however...... from 10/04- till present we have jumped 800+ pips ...
14 Year Old Forex Trader's Lessons
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the redlion replied Oct 12, 2011whatever it is, "the market can stay irrational longer than we can stay solvent" so, i am paying very close attention to this one. if some one is buying and we are selling, ...........perhaps is not so good lol i do not dream of being a liquidity ...
14 Year Old Forex Trader's Lessons