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    friday US equity action

    Iran and friends pulled their money out and caused a panic:confused:
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    Am I good or just lucky

    I agree that getting lucky at first can cause a trader to think this is easy stuff- it takes considerable effort to become consitently successful.
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    Getting Started in Forex

    Education in Forex trading and personal experience. and plenty of time to invest:) :confused: :)
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    The S&P has topped !!

    In an article entitled "The Trader " the writer tells us that the bullish index surveyed by consensus inc. sits at 72%. If you trade technicals or at least consult them in your analysis- there is a rare formation characterized by volatility and some red in the face emotional...
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    Simple Overbought/Oversold journal

    Don't forget to include the dailies.
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    Simple Overbought/Oversold journal

    I agree with using the 60 minute combined with your multiple time frame approach. watch for unusual sizes coming in fast that are out of character with the previous 10 or 20 minutes(or longer)- they'll often break s/r that you are betting on- but yeah, 60 minute add to the 15 's definitely
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    Cheapest real-time charts?

    Cheapest isn't necessarily the most dependable- i've seen Yahoo real time for 15.00 and cbsMarketwatch for the same amount. that is the cheapest i've seen. I love helping:D
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    The S&P has topped !!

    GDP in at 1.1 % ....is GM storm related too ? next week our yield curve is likely flatter heading toward inversion- bearish-not yet..but cautious...and the wild swings aren't exactly signs a market being in agreement- that was a global drop we saw- not just at home
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    Full-time trader

    Hi , i can sympathize with you- it probably isn't a wise choice but if you are determined , no one will be able to talk you out of it. You really need to become educated in trading- that means technicals, fundamentals (as well as economics)and the interpretation of the flood of news...
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    The S&P has topped !!

    The indicators seem to drag downwards during congestion periods- if you're using 60 minute charts- there's a cluster of hourly bars 1275 and 1279- i'd call that congestion- it looks like traders are hyper sensitive to oil- or it s a big coincidence. I was refering to a post about rsi and...
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    Simulated stock trading

    :) :) I use a simulator ..or rather a copy of the day's session- its called NEOTICKER . What is does is downloads the ticks after the bell when the market is closed. You' ll have to use it with eSignal, Qcharts or real tick- its an add on , its also an...
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    The Beginning of Giving Houses Away.

    So does that mean the market is saturated ? Or are they just in a good mood ?
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    Believe in yourself

    One of the biggest stumbling blocksto being successful at trading are other people's opinions. If your heart is not in it ...and i'm not just talking money,then the drive is not there to continue it's gotta be a passion for the trading experience, anticipation of success that will push a...
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    "Time" Component of Market Analysis

    Something else about time cycles, there is something called the principle of harmonicity or a relationship by a factor of two. A 2 month cycle might have a relationship to a larger 4 month cycle or the next smaller cycle would be half its length .:)
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    Multi-Timeframe Analysis

    I agree with you , I 've recently come up with my own little time frame analysis similar to yours , it works very well.
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    The lonliness of trading

    CHAT lines
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    Multi-Timeframe Analysis

    your link isn't downloading. can you explain what you mean - are you holding or are you flat most times at the end of the session- also which time frames?
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    "Time" Component of Market Analysis

    Cycles can be good if you can locate one , they don't have to be exact but they should bear some symmetry- maybe a certain index has troughs roughly every 4 months over the last 20 months. which means that the peak should be around the midpoint of two months along and the trough can be...
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    Day Trading under $25k...

    if I am not mistaken , a citizen of the U.S can day trade e-mini futures that trade just like a stock and moves just as fast and often faster- no S.E.C. pattern rule. trade gold, oil, indexes - the S&P e-minis, Dow Industrial E-minis and the Nasdaq 100 e-minis are very popular and...
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    Who are the "Big Boys" (Traders) in the S&P

    Big fellas , these guys are buying at he bottom of a bear market sniffing out bargains while the news is still terrible and the rest of the holders are losing patience with their holdings. These same guys are selling the top of the bull market while speculators are entering - the news is...
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