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Showing results 1 to 25 of 229 Search took 0.07 seconds. Search: Posts Made By: edacsac

Forum: Newbie Island 07-19-2009, 12:32 AM

Replies: 8 forex and the society Views: 259 Posted By edacsac Great answer! I read this post earlier and... Great answer! I read this post earlier and couldn't think of a darn thing that forex trading contributed to anything other than profit and loss.

Forum: Newbie Island 07-16-2009, 10:55 AM

Replies: 80 FX market FINISHED? Views: 3,258 Posted By edacsac Well, then I'm out. What a waste of time learning... Well, then I'm out. What a waste of time learning Forex just to have it disappear.

Forum: Newbie Island 07-15-2009, 01:44 PM

Replies: 80 FX market FINISHED? Views: 3,258 Posted By edacsac Look at how they are pushing the "enhanced... Look at how they are pushing the "enhanced drivers license", for those frequently traveling between the US and Canada. Much quicker and cheaper than a passport; less hassle than a nexus card....

Forum: Free Forex Trading Systems 07-15-2009, 12:29 AM

Replies: 512 Technical Templates 2 Views: 35,833 Posted By edacsac Thanks Tymen, It helps to come back here and... Thanks Tymen, It helps to come back here and find some new info thats geared toward fundementals. Phils chart analysis .pdf was awesome. The MM section in his .pdf gave me a way to size up and...

Forum: Free Forex Trading Systems 07-13-2009, 01:07 AM

Replies: 512 Technical Templates 2 Views: 35,833 Posted By edacsac Yes thanks! I didn't see the 1.5900 for all that... Yes thanks! I didn't see the 1.5900 for all that it could be. I almost sat down on a 3 legged chair!

Forum: Free Forex Trading Systems 07-11-2009, 10:06 PM

Replies: 512 Technical Templates 2 Views: 35,833 Posted By edacsac Newbie thoughts for next week on GBPUSD After checking out the Sunday Breakout strategy and setting up some lines on the GBPUSD, I thought I would look a bit deeper, to see which direction a breakout seems more probable, and setup a plan...

Forum: Free Forex Trading Systems 07-11-2009, 04:25 PM

Replies: 512 Technical Templates 2 Views: 35,833 Posted By edacsac That whole waiting for A+ setups can be hurdle,... That whole waiting for A+ setups can be hurdle, especially when your trading time is limited. But the importance is very clear; letting the market come to you so you can work inside your guidelines.

Forum: Free Forex Trading Systems 07-11-2009, 04:36 AM

Replies: 512 Technical Templates 2 Views: 35,833 Posted By edacsac Excellent write up! Very concise. I just F12'd... Excellent write up! Very concise. I just F12'd the 4H during the month of September of '08 with some quick SR lines in place and your pdf open. While I only made one paper trade, the choice was clear...

Forum: Newbie Island 07-11-2009, 03:02 AM

Replies: 80 FX market FINISHED? Views: 3,258 Posted By edacsac I feel better from a moral perspective now. Great... I feel better from a moral perspective now. Great post and thanks for reposting that piece!

Forum: Free Forex Trading Systems 07-10-2009, 08:26 PM

Replies: 512 Technical Templates 2 Views: 35,833 Posted By edacsac Nice example. Less risk and much greater reward... Nice example. Less risk and much greater reward entering on the smaller time frame. At first the nice IB on the greater timeframe looks safer, but the smaller timeframe gets you in sooner with less...

Forum: Free Forex Trading Systems 07-10-2009, 06:15 PM

Replies: 512 Technical Templates 2 Views: 35,833 Posted By edacsac One was USDJPY around 9 or 10 eastern. Previously... One was USDJPY around 9 or 10 eastern. Previously I had picked USDJPY as the one I would stick with to learn from. The other may have been CHFUSD, since that was another I watched often. Last...

Forum: Free Forex Trading Systems 07-10-2009, 05:17 PM

Replies: 512 Technical Templates 2 Views: 35,833 Posted By edacsac I would have to be out probably Thursday night if... I would have to be out probably Thursday night if I where to shut down for the weekend due to my schedule. Although, I can easily close a position from the windows mobile phone (I think I got chewed...

Forum: Free Forex Trading Systems 07-10-2009, 04:56 PM

Replies: 512 Technical Templates 2 Views: 35,833 Posted By edacsac I was just thinking about timeframes today and... I was just thinking about timeframes today and wanting to go at least 4H, if not daily. I took a break from all of this for about 6 months because I got frustrated with different methods - many of...

Forum: Newbie Island 07-10-2009, 04:12 PM

Replies: 80 FX market FINISHED? Views: 3,258 Posted By edacsac So I wonder what that means really. That the... So I wonder what that means really. That the chosen reserve currency(s) should be immune or at least resistant to price fluctuation? Would that statement lead us to believe that the forex markets...

Forum: Newbie Island 07-10-2009, 04:06 PM

Replies: 80 FX market FINISHED? Views: 3,258 Posted By edacsac I wasn't addressing any moral considerations,... I wasn't addressing any moral considerations, although I do agree that speculators sit closer to vermin then selfless folk. But if you are good, you can create (take) enough wealth to handle all your...

Forum: Newbie Island 07-08-2009, 05:56 PM

Replies: 80 FX market FINISHED? Views: 3,258 Posted By edacsac So was there any real verdict to the summit or... So was there any real verdict to the summit or any answer to whether it's worth putting in years of practice to a market that may disappear? I kind of wandered back looking for indications myself....

Forum: Newbie Island 12-18-2008, 02:23 PM

Replies: 15 Considering losses Views: 399 Posted By edacsac So the broker took advantage of me or could it be... So the broker took advantage of me or could it be another trader? That was one of my most useful rules I had and has kept me out of trades that I didn't need to be in. I know thats a rule others use...

Forum: Newbie Island 12-18-2008, 01:31 PM

Replies: 15 Considering losses Views: 399 Posted By edacsac I hope there is a misunderstanding here. I set a... I hope there is a misunderstanding here. I set a buy/sell stop/limit to trigger my entry as opposed to opening an order on the spot. This is one of my main rules. So is that what happens in the off...

Forum: Newbie Island 12-17-2008, 04:55 PM

Replies: 15 Considering losses Views: 399 Posted By edacsac Yes, on live I'm a big chicken to risk anything... Yes, on live I'm a big chicken to risk anything as far as stop losses go. My demo trades are set it and forget it, but in live, and especially longer term trades, I like to put in more planning and...

Forum: Newbie Island 12-17-2008, 03:53 PM

Replies: 15 Considering losses Views: 399 Posted By edacsac I do good on demo. Nothing amazing, but... I do good on demo. Nothing amazing, but profitable. It's like a switch. I even have trades going on demo right now while I'm live. The demo trades do good, or at least better than 50%. But I don't...

Forum: Newbie Island 12-17-2008, 02:44 PM

Replies: 15 Considering losses Views: 399 Posted By edacsac Considering losses I'm trading barely an hour every 1 to 2 weeks now. My first real round of trading after I bumped up my exposure, I lost a good portion of my funds. Not using rules and trading out of anger. I...

Forum: Newbie Island 12-05-2008, 02:04 PM

Replies: 15 Stop Loss, does it? Views: 585 Posted By edacsac But you have to set them correctly and not too... But you have to set them correctly and not too tight. I'm racking up astounding losses. Each time, price kisses my stop loss or crosses it for 2 or 3 pips and then turns around to move 100's of pips,...

Forum: Newbie Island 11-26-2008, 10:58 AM

Replies: 25 I hate trading, I hate trading, I hate trading Views: 1,203 Posted By edacsac Thanks for all the replies on this. I've been... Thanks for all the replies on this. I've been busy and haven't had a chance to get back. I'm finding I'm getting about 1 or 2 days a week to trade - last night was a free night to trade and there was...

Forum: Newbie Island 11-12-2008, 02:11 PM

Replies: 25 I hate trading, I hate trading, I hate trading Views: 1,203 Posted By edacsac What do you mean by end of day candles? As... What do you mean by end of day candles? As far as longer longer time frames, I can't decide on a reasonable stop loss. I can barely get myself to set a 20 pip sl.

Forum: Newbie Island 11-12-2008, 01:51 PM

Replies: 25 I hate trading, I hate trading, I hate trading Views: 1,203 Posted By edacsac We sure do! We sure do!

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