Recent content by dr_strangecraft

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    OANDA down

    I've been trading with OANDA since 2001; I've never had trouble with their policy. There have been maybe three instances when I was unhappy because of a bad spike. They went back and undid my orders that were triggered. I would have to say that my style (emulating the successful traders I...
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    Pyramiding into a trend

    One of the things I look for is the moment when the price moves away from the trend. In a rising market, this means that the value begins to accelerate. I want to be in with extra weight as it takes off. So, as soon as the first position is profitable, I move my stop into positive territory...
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    Pyramiding into a trend

    I am not familiar with the term pyrmiding, but it certainly describes my style. I am in the market almost constantly, and check it probably 4 - 8 times a day, depending. I keep pretty tight stops, moving them 3 times a day or so; and when a stop for a position has moved beyond its entry...
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    Anyone else think Elliot Wave is a bunch of hooey?

    I will say that Elliott Wave and Fibonacci both seem to depend, in my own experience, on groups of very large numbers. I can show you where the corn market makes beautiful EW patterns, and hits fibonacci price targets within a precentage or two. On the other hand, I would never use them for...
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    Anyone else think Elliot Wave is a bunch of hooey?

    EWT is one of my primary trading tools. I've been trading agricultural commodities since 1992, metals and oil since 1995, and forex starting in 2000. My trading has been profitable, although I am a 'penny-ante' trader. Personally, I have found the only useful text on EW is Prechter...
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