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LinkBack (187) | Thread Tools | Display Modes |
03-02-2006, 03:29 PM
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look at this trades and you'll see that it is another thing to trade CatFX in realtime than to look an hour later at the chart and say afterwards - yes this was a good chance and it could have been xyz pips. Unfortunately it is not so easy it looks like - because of the main thing: Traders often do not have discipline - that's because you must decide in realtime - now! - just at this seconds!.... And so sometimes you decide the wrong way. Right. I took this risky damned cable long too (risky because StepMA_Stoch was long, Histo not yet, IND Inverse shortly before long - but EURUSD was long too) and ..... This was a bad trade not validated by CatFX50. There was no signal. The only right signals till 12:00cet were the ones I posted. And EURUSD in any case hit stop of 34 pips. and I took this EURUSD long. This was a additional confirmation for me to enter the Cable long. Wrong Nina: What is discipline in this case? Nevertheless I agree with you - discipline is a very necessary point fo a profitable trading strategy. But it is a tightrope walk between discipline and discretionary decissions. We are humans, friend, therefore we hesitate, we doubt, we sweat and so on. Our greed and fear moves the market: greed and fear. Avoid discretionary decisions. You say: as eurusd is long, I buy cable: WRONG, WRONG, WRONG!!!!!!!!!!!!!!!!! If we have signals, we have signals. If we look at charts, we look at charts, otherwise we bet. I said something about correlation between pairs above. So losses will occur when you trade - even with catFX - you need additional money management issues when you want to survive them. Right. --> Be careful traders (beginners and professionals) - trading CatFX in reality is not so easy as it looks like! You need a kind of stomach feeling (translated german figure of speech  The same kind of stomach feeling that you need when trading whatsoever system. You pull the trigger, mate. Nina     
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03-02-2006, 04:17 PM
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FOCUS, PATIENCE AND DISCIPLINE!!! Btw, to trade three pairs at a time is not an easy thing. And PLEASE, PLEASE: never say "as eurusd is a sell, cable is a sell and usdchf is a buy". NEVER. Eurusd is a sell if you have a signal of whatsoever system you use. Gbpusd is a sell if you have a signal of whatsoever system you use. ISDCHF is a buy if you have a signal of whatsoever system you use. Nina
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03-02-2006, 04:45 PM
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HAROLD4x,
What's that indicator that you use in your latest graph? It's a double blue and double red line...it seems it's a kind of trend confirmation indicator. Do you have the link for download, buddy? Thanks a million, Marcelo Melo.
__________________
* Forex Mega-Portal * www.forexpivotsbrasil.com - largest forex portal in the world for portuguese speakers. -
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03-02-2006, 04:46 PM
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(Duplicate Posting)
__________________
* Forex Mega-Portal * www.forexpivotsbrasil.com - largest forex portal in the world for portuguese speakers. - Last edited by Brazilian_Nutter; 03-02-2006 at 04:47 PM. Reason: Duplicate Posting
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03-02-2006, 06:24 PM
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Hello
I read some past posts by different members. I was reading a Tunnel trading method. I am just pasting some of his words. " Please take the time to read and evaluate this information carefully. Turn the TV off, kick the kids out of the room, and give this the serious attention it deserves " A forex trading agent at www.wewillrock.com told me once "Patience is the Key to success and forex traders are like Spiders. Waiting, waiting and waiting for their prey to come near at their terms " I think its good to wait for the right time to make a move in the market. best wishes, Dave
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03-02-2006, 06:53 PM
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Was this a valid Sinal?
Hi all
Can you guys and girls tell me if this sinal was valid? I'm still working my way around this wonderfull trading system. Thanks in advance humm.JPG Last edited by Angel; 03-02-2006 at 06:56 PM.
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03-02-2006, 07:42 PM
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I'm not at home. I like to see signals on bar charts. But looking at your chart, the signal is a right one. Btw, CatFX50 has given today again a lot of pips. I'll make a recap later on. Nina
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