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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's been a lot of talk about the Forex Morning Trade automatic trading system saying that it's been doing well and making money etc. However, when one reads these things you've got to be careful that these are people who are not just marketing people looking to sell the product. You need to ensure that these people are actual users of the product.
So, I went and looked at independent reviews of this product and I only got more excited that I had to purchase this for myself and test
April 2, 2011
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So for those reading, I've marked my trades 1 to 4 showing the order of my trades. Trade 1 of today was a long of the EURUSD as shown below:
I had a 20 point stop on this and it went nowhere... just dragged and then plummetted knocking me out for -20
Then onto the GBPUSD trades where I made 3 trades today:
Trade 2 was long GBPUSD (by the way green arrows are long entries and red arrows are short entries) mirrored the EURUSD in trade 1.. once again, nothing and it just tanked t
April 1, 2011
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Today I was in a conference call, desperately trying to get out and look at the market before 9am but alas, it was not meant to be and I missed my entries and had to let them go by...
I look again later on in the day to see how they would have gone and it was good that I missed my trading entry.. well, at least for GBPUSD anyway:
The entry would have been right at the top of days range, literally to the pip and then tanked, I would have lost 20 pips!
The EURUSD would have faired bet
March 31, 2011
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