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Neal, any feel for change of sentiment? I frankly have no feel at all and am staying outof what I consider to be middle of range or better known as " no man's land" Seen too many WWI movies :) These are my thoughts so far. http://biz.yahoo.com/fxcm/040913/1095076462_11818_1.html

I couldn't agree LESS with every one of your postulates sulong, but I am always interested in seeing how you apply them to the market.

LOL Neal is WAY more qualified than me. Anyway, I really like this thread so I hope we keep it going. Ther are a lot smart people here so hopefully we can all enlighten each other. Forex -unlike stocks is not a BS market. You can't fake GDP - at least for no more than a few quarters ;) so...

Chinook look at my reply to ES. 200 pip moves! I only wish. My only concern with your method is that it is highly vulnerable to dealer noise. Perhaps you have much better feel for order flow -- I know I dont. So I have to give myself a lot wider zone of opportunity.

ES I trade the majors and occasionally the Aussie and GBP crosses for which you have to have a LOT b-lls. If you believe -- as I do -- that we are range trading for a while then you have have a general idea of where top zone for range is. For example I would start scale short in eur/usd at...

You are always welcome to read mine. It's free everyday at US Open Market points at www.dailyfx.com or www.refconews.com also www.fxstreet.com is the best portal in the world. They also publish my monthly and weekly coverage of the majors as well as every piece of research you can possibly find.

Chinook, I've been experimenting with scaling and position sizing 250 pips back on stop with a total pip loss "budget" of 2500 pips that means I have VERY small positions on initially and scale in when it goes against me. This is a range methodology, And since I think we still stay in range for...

LOL point well taken. In trading ultimately everything is discretionary including the definition of range or trend. But if we do look at the last 7 months of price action we've basically engaged in a 7cent trade (1.18-1.25) driven mainly by the suckiness of both US and EZ eco data. If I were to...

He WAS a dick but that's immaterial to the intellectual merit of my post. I'd love to see some thoughts from you guys on the importance of diagnosing RANGE vs. TREND and the concomitant MM systems that would apply to each.

I've been quiet for a few days because wanted to try something different. I traded my account like coinzy scale up against trend most of time (Long EUR) parabolically averaging down and have " as he says " never lost a trade" LOL of course this is BS as a permanent trading strategy BUT a scale...

Cable: way to go. Why do people who've never ever ACTUALLY traded the market for at least a month presume to know anyting? What f-ing buffoon. Should have his tenure revoked.

Prologic have you ever traded? I ask that in all sincerity. because even a teeeny weeny little novice daytrader can tell you about getting trapped on the wrong side of a creeper uptrend ALL day long and watching your asinine assumptions about oscillation go right out the door along with your...

No.

RFLOL guys. Marty Schwartz doesn't even know Elite exists. Get a clue.

I'll take the other side of that trade and say the THEY ARE THE ONLY THING THAT WORKS in trading. They key is of course to know how to use them in what market and within which context.

There is nothing "random" about bob's trading. His "gut" feel is simply a synthesis of fundamental news he picks up that day with price action that he observed over the past few days. Many prop traders on Wall Street desks trade exactly the same way. Wether this is a successful method is...

Only one problem: 8. Don't trade flat markets :) Predict a flat market for me and you have a winner.

For sure. You have adjust your quotetracker settings. Email jerry medved for specific advice.

I use prophet feed and quotetracker. works excellent because if you rely on IB and the feed goes down you will lose data. With prophet you can backfill up to 10 days back.

You cant? Use IB. Use ninja trader. Or suffer the consequences.