Dislikedis fx trading very different from trading stock? thought it was same, except the gap (lol).Ignored
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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
Dislikedis fx trading very different from trading stock? thought it was same, except the gap (lol).Ignored
DislikedLess boring. Could still hold down a full time job and trade...but then again in stocks a short term trade was 6 month or so where in Forex, at least to me, 48 hours is a long term trade.
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DislikedI have done {on my own} pennystock trading and {with my bank} stocks in the form of Mutual funds for years & one thing I learned was to do more research and trade for the longer duration.
I love FX after i discovered it a little while back, but I fully expect it to be regulated in the coming years/decades with more international regulation.
can you imagine rules like the uptick rule in FX!Ignored
DislikedIntraday / short-term Fib working like like a charm ...
5 wave down, ending at London open possibly, then the .4140 will be the key for the term ...Ignored
Dislikedi think it will be an abc correction, but we will see. wave 3 is too short to consider as impulse wave.Ignored
DislikedSo you lost one, so what. No one is going to win them all. I am no expert in FX but I have traded stocks since '84 when the cutting edge thing was that you could call a recorded message from your broker and you could actually get the closing price 2 hours after the market closed instead of waiting for the morning paper. No high, no low, no open...just close. Wow, at the time I thought I was living in the promised land. Does any other oldsters remember those times?
Anyway VILGAX I just wanted to say I love your attitude and I truly believe...Ignored
DislikedNot necessarily, on a 5m chart ... you can see a little mini dip so I count a lower point as the start of wave 1 ... so it would be wave 1 = 65, 3 = 67
edit - correction, both waves are 65 ... misread itIgnored
DislikedLess boring. Could still hold down a full time job and trade...but then again in stocks a short term trade was 6 month or so where in Forex, at least to me, 48 hours is a long term trade.
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Dislikedthis is not a rule, but sort of a guide line...
wave 3 is usually greater or equal to 162% of wave 1 at least.Ignored
DislikedHe is asking the wrong questions... He should ask..
How is it with Stocks vs Forex thinking about the:
1. Spread
2. risk&reward
3. volatility
4. week-end gap
5. discretionary vs mechanical trading
6. time spent watching the market
7. expectations of return
8. news
9. general trend
10. Myths and factsIgnored
Dislikedyeah, my apoligizes ... I will ... blame it on my broker?
In all honestly, I am not a Elliot wave person, I read
http://www.amazon.com/Technical-Anal...0861914&sr=8-1
a few years ago and then realized that I was fitting the market to my opinion and not identifying the waves, and then discovered that 99% of traders bend charts to their agenda {not you in particular - just making point}.
I like stuff that runs into a wall and either gets knocked...Ignored
DislikedTo wake up and see +268 pips - this gives you more energy in the morning than cup of coffee:
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