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- kingclarence replied Dec 8, 2011
You can count the wick but it should be way more candle than wick.At the same time its not an exact thing.Im not an exact dude.Everything i say is flexible and depends on the situation.All these rules can be broken.The best way to learn for sure is ...
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- kingclarence replied Dec 8, 2011
Yeah.I also pay attention to the candle size during trade also.usually when your in a trade they start getting smaller when it slows down.Some time that equals a reverse and sometime they gather steam and keep going in the same direction.Its rare ...
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- kingclarence replied Dec 8, 2011
Yeah i dont see anything going on in the daily charts right now.Might be another week or so.Just gotta be patient.Something will come up trust me
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- kingclarence replied Dec 8, 2011
The market was ranging as they call it.Plus the candle was small and the cross wasnt strong.On the daily i usually look for a candle thats at least about 120 pips long usually.For me candle size is very important.
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- kingclarence replied Dec 7, 2011
Wow you went short on that Eur/Gbp? No way i would have taken that.
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- kingclarence replied Dec 6, 2011
Yeah give it a shot.I might add though its Big E's method not mine i just do it slightly different from other people.He really did all the hard work of coming up with the system.He made it flexible so it leaves room to play around with.All we got to ...
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- kingclarence replied Dec 6, 2011
Yeah.I dont really take bounce trades but i might do some backtesting and look into it.The other thing is that i watch like 15 pairs and sometimes have four trades going at once.I dont recommend anyone else do that but it works for me.I backtested ...
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- kingclarence replied Dec 6, 2011
I follow Big E's rules no later that the second candle.It doesnt have to touch the 50 just be making a sharp turn towards it.
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- kingclarence replied Dec 6, 2011
Tdi cross — Check this chart out.Its three good solid trades on here.I caught the one on the end and got like 500+ pips.I screwed myself and tried to re enter and lost 127 of it back.In fact If you would have caught the one i got and the one ...
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- kingclarence replied Dec 6, 2011
daily charts — I trade the daily charts exclusively.I have fxcm as my broker and the new candles repaint everyday at 5:00pm eastern time(us).When using the daily charts it doesnt matter the session although i notice a lot of movement during ...
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- kingclarence replied Dec 6, 2011
Best forex trader — Im the future best forex trader in the world.Watch and see
Who are the top best Forex traders in world??
- kingclarence replied Dec 5, 2011
trade — Well i was experimenting with trying to re enter a trade that stopped thinking it was gonna go down more and it reversed on me lol bad move on my part
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- kingclarence replied Dec 5, 2011
yikes!! — Just lost 120 pips on a trade i knew i shouldnt have taken.
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- kingclarence replied Dec 4, 2011
Indicators — I def dont think more indicators is the answer.Its like i read in that book millionaire traders.The currency trader guy said that with enough studying you can be very profitable off one indicator. My approach is to keep it simple ...
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- kingclarence replied Dec 1, 2011
well honestly im not qualified to give advice.Ive only been trading forex maybe three months.all the stuff i know though came from these factors. A.I read the entire school of pipsology slowly.In fact i still go back and read it when im wondering ...
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- kingclarence replied Dec 1, 2011
Fundamentals — Are there any good books out there that deal specifically with fundamentals that apply to forex?I know this is kinda off topic but i thought maybe someone in here might know. I noticed yesterday some big moves because of ...
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- kingclarence replied Nov 30, 2011
I feel you.I monitor a lot of pairs at the same time but i trade the daily charts so its easy.Just check all of them at 5:00pm every day. Im currently in 4 trades right now
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