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I was looking at triggers for a trading strategy and asked AI to give me some ideas.. here's what it said
Here are several potential trading trigger ideas that could capitalize on momentum and market psychology:
Failed Double Top/Bottom Pattern
When a second peak/trough fails to r
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So I've been using the Dow Strike trading robot now for a couple of months and here are the results! 37 days of trading, 34 profitable and 3 losing.. made a total of $12,821.58 on a $100k account.. that's a 12.8% return in 2 months! It's particularly active from the US open and can open up 20-50 tr
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I have an associate, some guy I met online who I talk to about trading... he's an interesting character and one of the best traders that I've ever known. I'd like to say he's a friend as we do share a bit of information about each other besides our interest in trading but I've not met him in person
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There was a fantastic move today on the Crude Oil market. I had an order 5 points above the resistance line and when it broke, it just flew. I only managed to take 100 points but the market has shot up to 8922, that's a huge 170 odd points move so far!
What you'll find with oil is when you get these sort of moves, they are huge and you can expect a few hundred points. I'm sure the price actionwill take us higher now that the price action is also above the 20 day Moving Average on the Daily Ch
September 7, 2011
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I know some really lucky traders who were long of the Swiss forex pairs. Although you wouldn't have been able to seen this coming the Swiss National Bank (SNB) sold a huge chunk of Swiss Franc which sent the Swiss pairs rocketing.
The USDCHF went 800 points and both EURCHF and GBPCHF rocketted 1000 points! This amounted to an almost 9% depreciation in the currency.
If you were lucky and were long of this currency before the SNB intervened, you would be sitting on a small fortune!
&n
September 6, 2011
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The DDFX system is back in action and I'm happy to say that's its been a good week again!
Starting with GBPUSD, a short in the early hours which yield 52 pips. There was a long period of weird non-trending price bars and I closed when it peeked aboved the yellow trailing stop line.
The second trade was also a short, I had my order to short at the break of the low of the first price bar which took a few hours to kick in. The market dwindled for a while before moving downwards and I closed o
September 3, 2011
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