tradergod at work

went long because the bull bars were stronger while bear bars had tails
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treeman said:
EURUSD is in a very strong downtrend, and has been for about the past month. I'm just putting that out there.
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yes you are right it broke the 200 day ma yesterday.
that is 5 min i am trading
i am just scalping
I really appreciate you dropping by
do you have a journal?
 
Are you trolling us trader god? if you really only have 18 dollars in the trading account, you might want to just get yourself a sandwich and a soda Lol. Yes TA is lots of noise. Try just trading based on price action. Look for charts in a long term uptrend (1,5,10 years) and then buy the pullbacks. Thats it. Keep it simple
 
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Muffhands said:
Are you trolling us trader god? if you really only have 18 dollars in the trading account, you might want to just get yourself a sandwich and a soda Lol. Yes TA is lots of noise. Try just trading based on price action. Look for charts in a long term uptrend (1,5,10 years) and then buy the pullbacks. Thats it. Keep it simple
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:D no i am serious trader i am not sure what troll means maybe i will see that in the dictionary
i trade for fun, to LEARN ....since i am the worst trader in the world, i need other reasons to trade for than the money!!!!!
 
truetype said:
What does "Size 0.05" mean? Is that 0.05 million $, or €, or neither?
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1 lot in forex trading means 100,000 units in the base currency. For example in this case, where he trades EURUSD, 1 lot equals 100,000 EUR.
So 0.05 lots is only 5,000 EUR, a very small position (= 5 microlots).

But thats the nice thing about forex and cfd trading, you are very flexible with your position size.
 
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