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    Anyone trade the Jack Hershey/Grob109 technique for Forex?

    Not really for me to talk about a technique I have no interest in, but the subject was touched upon fairly recently here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=68927&perpage=6&pagenumber=15 Grob109: "I have no idea how to trade the euro..." "Why would anyone even...
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    Trading and Dating

    I saw that same exact photo (original?) posted on a sex travel web forum a couple of years ago - in the Rio, Brazil section. By the looks of it she is a "garota de programma" (girl of the program).
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    Trading and Dating

    Because most people care too much how they look to other people. Society will look at someone walking down the street with a hot chic as a winner and if he is walking down the same street with plain Jane - he's just a Joe average. Notice how when you see a hot girl walking down the street with...
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    Trading and Dating

    Thanks JJ, I was about to give up on ET - but if I can post such stuff and not get hammered then I know I am in the right place! Cheers!
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    Trading and Dating

    The problem with women is that they loose their virginity to some looser early in life and have there "first big disappointment" in life when they break up. After that - it takes years to recover, trust etc. and the 2'nd love, although it may be strong, cannot compete with the "first" true love...
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    GOLD has topped !

    To go-ld long, again you shall, Auspicious day this Monday the 14th. On this eighth month The 13th it cannot be. Trading session in New York, Two large shoulders and a small head The signal it will be. Patiently you must wait. New beginnings start at 33 Again to fight with 666. Lol.
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    Why is AUD so strong?

    Latest strength is partly technical partly fundamental: Technical: On the daily chart if you look at the most recent swing high (May11) of .7793 and connect a circular fib to the swing low (June 28) of .7270 you will see that price broke out of the key 1.618 (circular fib) resistance on july...
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    (Why) do most traders lose?

    "wOrLd clAsS eNtRy tm" 1) Minimum 8:1 r/r. 2) win/BE/loss/catastrophic loss ratio = 53+/21/13/13 3) A tight stop. (catastrophic stop is a max of 10% of Daily ATR(14)). When you achieve these figures who fricken cares about all the psych. mumbo jumbo people are on about. Concentrate...
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    (Why) do most traders lose?

    Why? Bad Trading Strategy: Entry Everything else means dogshit without a world class entry. Funny, that choice only has 7% of the vote.
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    It is IMPOSSIBLE to make money in the markets

    lol back to you noob.. swing hi/low projections suck, thats kindergarden stuff. There's another way to project it that is much better to find optimal entries. As if it were that simple lol.
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    riskarb's trading journal

    Yo riskarb - Me and you are gonna have to figure out how to divide the fx world into two someday.!:) A trillion each way, what do you think?
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    It is IMPOSSIBLE to make money in the markets

    One other thing...learn how to use Fib. time (but how do you really use it is the really important question?!?). Use it on your slowest chart and try to pinpoint the most probable period for a reversal and then only look for trades during that period.
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    It is IMPOSSIBLE to make money in the markets

    Trade of a slower time frame. Use a faster tf(s) to take only the signals that make sense on a larger tf. IE in SPX you could look at the 195 min (half day) and when it is in the zone go down to 30 and 5 min. Means alot of waiting around but when you put on a trade - go for a decent r/r (5 or...
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    Average pip moves for economic data releases

    Just some thoughts, If you want to trade the news in fx and you live in the USA - it's a good idea to wake up very early. Alot of the time the best entries present themselves a couple of hours or so before the announcement (during the European session), after that the price goes away a little...
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    Large Forex Accounts

    100k is not large by fx standards. If your talking 7 figures+ then I would say take a look at this: http://db.riskwaters.com/data/FX_Week__subs_only_/Vol_15_No_46/survey.pdf Barcap or DB look good (best banks for e-trading - corporate). Actually go to Barcaps site and check out there demo...
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    Best currency to hold right now?

    Long-long-long- run - Aussie dollar. If there is a global financial meltdown within the next 50 years - gold will probably be the currency of choice for wealth protection. Goodnight Asia, Au revoir Euro, aste la vista USD. The Aussie is the currency that most closely mimics the price of gold (we...
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    What time frame do most daytraders here use?

    right on brother. time and/or tick charts that replicate 30/15/3 to fine tune as well.
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    The Best Music To Trade To Is.......

    somafm - Drone zone mostly, I've had it on around the clock for many months. I'm in my own world.
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    Jokes

    THE PLAN In the beginning was the plan. And then came the assumptions. And the plan was with substance. And the assumptions were without form. And darkness was upon the face of the workers. And they spoke among themselves saying, "It is a crock of shit, and it stinks." And the...
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