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    SPX Has Topped For The Year Or Pabst Will Leave ET

    Pabby, My friend, stocks are goin up in October.
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    missing in action- jmowery1987etc.

    I saw this coming a while back: Question is, is he ever going to come back?
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    Pictures of your trading stations

    Virtual reality headset, VR glove a WIFI enabled Amsterdam coffeeshop. Suck a doobie and trade $400 million on euro/usd. Each candlestick would come right out at you and wisper in your ear "I'm going up, up, up" in slow motion. Momentum traders take note: "FASTEN YOUR SEATBELTS". The little...
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    New to Forex Trading...

    Some suggestions: Have alot of money saved up when you go out on your own for your living expences, live cheaply, have a job to fall back onto if you blow up. If you can manage it without another job - that is better, although it gets lonely. Also, even when you have your trading capital, don't...
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    Usd/thb

    News just in of a military coup going on in Thailand right now. Baht is plummetting - it's had it's biggest daily fall in at least a year in only the last couple of hours - sitting at 37.72 right now from low 37's. Lets see how far this goes.
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    Chinook's EUR/USD (E/$)Mumblings

    I wake up when the Asian Session begins (9 am Sydney time) and watch it for an hour or two if I see something good. Like yesterday I put on a short swisy trade at like 3am GMT (midday here - 9 pm ET). Then I might go for a swim, eat and if price has moved my way - put stop to BE. I have my...
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    Must read article in SciAm answers a question often asked on ET: Born or Made?

    I think I remember reading on ET that riskarb's dad was a trader and perhaps he picked up a trick or two from his father. I understand that riskarbs brother is also a big time trader as well (please correct me if I'm wrong on either of these assertions). The moneymakers with young children...
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    Must read article in SciAm answers a question often asked on ET: Born or Made?

    nitro, Thanks for those articles. Here is a favourite article of mine: an indepth interview with Vladimir Kramnik, current world chess champ. http://www.kramnik.com/eng/interviews/getinterview.aspx?id=75 The pressure of the match in which he beat Kasparov to become world champ for...
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    How to be patient and yet vigilant???

    It depends on how much your points/pips are worth. For example if an fx traders pips are worth only a few dollars each, then they are probably not going to focus as much as if there pips are worth say $100 each. When you know that the trade your going to put on is going to net you a few...
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    WSJ article on Steve Cohen and SAC Capital Mgmt

    How the hell is Cohen suppossed to concentrate on his game with all that chatter going on around him. Ditch the lot of them - the tape should be enough!
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    Rocket Rollouts and Rocket Launches

    Later in the trading day - this time USD/YEN. This was the only settup for the day on this instrument - and it was the move of the day.
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    Rocket Rollouts and Rocket Launches

    I trade something completely different to this system, however, in my spare time I like to flex my creative juices. In fx I would jump to the faster tf to see "volume". When the settup arises on the 5 minute for example - looking at the 1 minute tf for a price surge in the direction of the...
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    Aud/usd

    I feel if someone wants to question an entry (and thus calling the other person a liar) - they should put there money where there mouth is. For example, Iconoclast and Ivanovich can each make a 'bet' and send $1000 to a reputable moderator of there choosing and then Ivanovich can send his proof...
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    Mental break-down from TA

    1) Keep it simple. Take everything off your chart and only look at price and one oscillator. Moving averages, BBands etc. will only distort the way you look at the chart - why put filters on it? 2) Don't worry about exits, at this stage just predecide the number of pips/points you want before...
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    Trading and Dating

    I think that certain people are more naturally cut out for marriage and many others are not. I know some people who love the domestic bliss of wife,1.5 kids and white picket fence and you can see that they are suited for that lifestyle. There wife is truely an asset in all spheres of life. If a...
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    Trading the Pivots

    ...who needs pivots...
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    Trading the Pivots

    It depends on you hit/miss/break even ratio and how a sample of data for trades were distributed away from the mean. If your r/r is 8:1 in this example and your batting average is 50% hit, 25% Break even and 25% loss for arguments sake risking 1% of account per trade might be a little on the...
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    Trading the Pivots

    Hardyards, I didn't re-enter because the set-up was not ideal the second time round - the signal was only ok. Looking at the chart right now (August 3/4), even if I did get in a second time, I see that price would have come back and taken out breakeven point and I would have had to make a...
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    Trading the Pivots

    I had this realisation at the start of this year, to take trades from the high timeframes and when it was in the zone to move in with the scalping tools that I had with tight stops, and then to give the trade some time to develop. Easier said than done. Our minds are somehow programmed to...
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