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DislikedMy nerves or my wifes?
Just kidding...I would never give my wife the account info. She'd be screaming sell every time I went down $10.00Ignored
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
DislikedMy nerves or my wifes?
Just kidding...I would never give my wife the account info. She'd be screaming sell every time I went down $10.00Ignored
Dislikedbetter your wives than my husband? Who knows.... he doesn't understand why I use SL...because, he says.... almost 80% the price turn back ... is just a matter of patience....
Ignored
DislikedIf I thought that I'd play poker for a living.
This game is about probabilities.
If it were a guess... like flipping a coin... then my chances would be quite diminished.
For example:
If price is moving down and it hits a .20 level, (for example .5420) statistically speaking I know it will move to the next round level (example .5400) approximately 80% of the time.Ignored
DislikedI was only kidding. If I thought it was just luck, I would not be doing it. I have studied the idea of pivot points, and a lot of fibonaccia, but it's interesting what you say about the probability of going to .00 from .20. Where did you learn that? Something in print, or observation over time?
Thanks for your insight.Ignored
DislikedMy fear about all this is that I just started my Demo account a week ago. Thus far every day has been like taking candy from a baby. It seems that picking up 5,10, even 20 pips every couple of hours has been extremely easy. In fact I more than doubled my money now in only 5 trading days. I just know that it can't be this easy all the time so I don't want to lull myself into a false sense of security. When I finally get my real account the market will most likely shift in some way to make it a heck of a lot more difficult.Ignored
DislikedLong positions are up by 13.2% since yesterday in the EURUSD, nearly 63% of traders are long
http://www.dailyfx.com/story/bio1/Tr...032760077.htmlIgnored
DislikedMr. Clouds,
Could you please explain to a newbie what does it mean? If 63% of traders are long, it means the EUR will go high?
Sorry about this question, but again, living and learning..
Thanks,Ignored
DislikedMr. Clouds,
Could you please explain to a newbie what does it mean? If 63% of traders are long, it means the EUR will go high?
Sorry about this question, but again, living and learning..
Thanks,Ignored
DislikedLong positions are up by 13.2% since yesterday in the EURUSD, nearly 63% of traders are long
http://www.dailyfx.com/story/bio1/Tr...032760077.htmlIgnored
DislikedIt does not say "63% of traders" it says "RETAIL TRADERS".
I hope this helps, but think about who the market makers are. Someone can correct me if I'm wrong, but most retail traders have very little effect on the market since their orders are matched against one another on their brokers site and 90% + are going to fail anyway, sounds like with good risk management you could trade against that indicator. The broker only has to hedge when there is a hint of risk and this shouldn't have much of an effect on the market?Ignored
DislikedI rarely read anyone elses opinion and when I saw the first post about an article saying traders were long, I broke down. Broke my rules and looked. But I didn't really read it because I know better.
Ask yourself questions, the author, "
Written by Antonio Sousa, Chief Strategist" Who is this person, who does this person work for, and how does the company this person work for make their money, would that author have any bias based upon answers to these questions?Ignored