Search found 10 matches

by leveragedopinion
Tue Aug 18, 2009 4:36 am
Forum: beginners forum
Topic: Can someone define and explain "price action"?
Replies: 66
Views: 37374
Gender: None specified

There can be more explanation on how to play these bars, and increase their reliability and probability if anyone's interested, but here's some very basic PA I trade all the time.

Image
by leveragedopinion
Sun Aug 16, 2009 4:40 am
Forum: beginners forum
Topic: Can someone define and explain "price action"?
Replies: 66
Views: 37374
Gender: None specified

jhtumblin,

I was just trying to answer the question, and giving references to people who trade what they call price action.

Maybe you could provide a better definition of PA and how to trade it.

My bad for sharing.
by leveragedopinion
Sat Aug 15, 2009 3:31 am
Forum: beginners forum
Topic: Can someone define and explain "price action"?
Replies: 66
Views: 37374
Gender: None specified

It's strange there can be so much debate about PA, like it's a unicorn or santa clause or something. Price action is simply playing probabilities based off of the formations of the bars that represent price. Pinnochio bars, engulfing bars, all sorts of bars that signify reversals or continuations. T...
by leveragedopinion
Tue Dec 16, 2008 11:15 pm
Forum: strategy trading & money management
Topic: Tax strategy to preserve returns?
Replies: 8
Views: 6420
Gender: None specified

Ztrader,

Thanks so much for the links.

If anybody else on other forums has the same question, I'll refer them here.

Taxes are a little-discussed topic in the FX world, so, thanks again.

LO :D
by leveragedopinion
Mon Dec 01, 2008 5:38 pm
Forum: beginners forum
Topic: A sad tale, and a few queations
Replies: 6
Views: 3548
Gender: None specified

Hope you all don't mind if I vent a bit...

I have not been able to find the right side of the trade for the last two days.

Brutal.

MM told me to quit for the day.

Still plenty of action, calling me....I'm staying on the sidelines.
by leveragedopinion
Sun Nov 30, 2008 10:23 pm
Forum: strategy trading & money management
Topic: Tax strategy to preserve returns?
Replies: 8
Views: 6420
Gender: None specified

Tax strategy to preserve returns?

Although I'm still at the beginning of this very long journey, I am anticipating the day I may keep my job because I like it, not because I need it, and I am wondering how do you protect your winnings from uncle sam? If I wake up and trade every morning, five days a week, profitably, but my annualiz...
by leveragedopinion
Tue Nov 25, 2008 5:41 pm
Forum: beginners forum
Topic: A sad tale, and a few queations
Replies: 6
Views: 3548
Gender: None specified

Week 2, with TRO's MT4 adaptations. Last Thursday, I ate about a 70 pip loss, as I regressed back into the old method...."I think the price is going to ___________...." Regained my senses on Friday and hit my weekly pip target + 16 more. The questions? What is the price likely to do? How l...
by leveragedopinion
Thu Nov 20, 2008 4:52 am
Forum: beginners forum
Topic: A sad tale, and a few queations
Replies: 6
Views: 3548
Gender: None specified

TRO,

I've been demo-trading on MT4 with dyn_fibs_sr, and a few others since monday.

It is un-f**king-believable.

You are the man.

I'll post a chart as soon as I have the time to figure it out.

Thank you.
by leveragedopinion
Sat Nov 15, 2008 4:09 pm
Forum: beginners forum
Topic: A sad tale, and a few queations
Replies: 6
Views: 3548
Gender: None specified

A sad tale, and a few queations

I have been demo-trading since early August, first account through Crown forex, then it expired and I headed over to Oanda when the demo never times out. For not really having a plan, I was doing pretty well, I started the Oanda account at $5K, and within a month, had turned it into $12K. Which I th...
by leveragedopinion
Sun Nov 09, 2008 12:50 am
Forum: general platform discussion
Topic: EFX Demo Platform
Replies: 6
Views: 5739
Gender: None specified

TRO,

Are your indicators available for navigator?

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