That's interesting the MoneyInc's system uses the 45 degree lines. I use a modified Murrey Math system which uses a series of "speed lines" and the rules state that price reverses fastest off of 33, 45 and 78 degree angles. I don't put too much emphasis on the "speed lines" with my trading but only because I can't really figure how to incorporate them.
Oh my, Colly's second target was hit on EU, using the 45 degree system. Some of you bashers may have noticed that it works in both directions. Whoa. Good work on your trade Colly. And I salute you on your GJ trade, your a brave man!!!
A-Yo Bro
Ha ha ha
Fibonacci and Gbp/Jpn go together like a horse and carriage and that usually works well for me.
On the MoneyInc based trade I made 1.6 pips on that one !!
Cad/Jpn is one where I did the math myself without applying MoneyInc's strategy and that just cleaned up some useful pips.
In this moment I have no open positions again.... this is so unusual and yet I am certain that one or more shall be opened in perfect time.
The one thing about MoneyInc's strategy that I am having a hard time figuring is when to get out the trade. That is why I thought to integrate my own techniques as well and so far so good.
Keep away work out another position i do that some times and you just end up losing whatever profits you made before...
Its my weakness on a good move... thinking i can just pop in and out as i wish lol
Originally Posted by heyjoe
I took my 50 pips today and am now fighting the urge not to jump back in for a run to 1215. Every time I've lost money it was by jumping in late hoping for further drops. This time I'm gonna walk the dog and join in after a later retracement.
P.S. I've followed the MoneyInc messages. He has a strategy that works for him and is good enough to share it. Fair play. Like it or leave it but don't beat him up if his target wasn't hit. We decide ourselves when to buy and sell, not anyone else on this forum. And if you reread The Southerner's messages you'll find he's been quite fair and analytically minded. Thanks to all for sharing.
For what it's worth. I detected no Bashing of Mr. Money Inc. What I did see was honest questioning. Perhaps You, Who have jumped on the Bandwagon, are too quick to take offense. Examine Your own motives my friends.
My friend, the bandwagon leader and club president
My motives was to confirm that the system works in both directions. That's it. What motives do you assume that I'm trying to address? Let me get some clarification from you, old wise one. Or should I be asking the drunk lady?
My friend, the bandwagon leader and club president
My motives was to confirm that the system works in both directions. That's it. What motives do you assume that I'm trying to address? Let me get some clarification from you, old wise one. Or should I be asking the drunk lady?
A-Yo Bro
Why would You assume My Post was directed at You? It was meant for the General Audience.
The Madaam takes offense at Your Term,'Drunk Lady" She prefers the Trance State! So just watch Your step. You're messing with the Occult. LOL
My friend, the bandwagon leader and club president
My motives was to confirm that the system works in both directions. That's it. What motives do you assume that I'm trying to address? Let me get some clarification from you, old wise one. Or should I be asking the drunk lady?
A-Yo Bro
What did you find in your research? How do you draw the lines? I think that some valid questions have been asked by traders who are here to learn.
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is something wrong with the eur/cad trading function?
Not that I am aware of....I am seeing no issues on my platform. Perhaps if you log out and log back into your trading platform.
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is something wrong with the eur/cad trading function?
Not sure what you mean. Do you mean you have a hanging order that isn't executing?
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Why would You assume My Post was directed at You? It was meant for the General Audience.
The Madaam takes offense at Your Term,'Drunk Lady" She prefers the Trance State! So just watch Your step. You're messing with the Occult. LOL
Sorry bill for address the Lady as a drunk.
Can we all just get along?
Sorry bill for address the Lady as a drunk.
Can we all just get along?
A-Yo Bro
Bill is pretty level headed. So he's usually not a fire starter. So I'd say to resist the urge to take things the wrong way and you'll probably be right more times than not. Most don't intend to offend on here, especially the ones that have been around a long time.
And if we get someone that continually "stirs the pot", I deal with that one and nip it in the bud once I see that they won't change.
The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you arent sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html
Email me with your questions and Ill introduce you to the community and point you in the right direction. I look forward to hearing from you.
Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com
no order, could not place order. Will try logging out and in
K, if that doesn't work...click on the chat button on your trading station and ask a rep so that they can get that resolved for you. We want everything worked out asap for ya.
The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you arent sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html
Email me with your questions and Ill introduce you to the community and point you in the right direction. I look forward to hearing from you.
Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com
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