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Ingot54

Market Wizard
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Everything posted by Ingot54

  1. Some great material in this thread ... I get a boost out of replaying a lot of it ... the thread is on my bookmarks. Just adding this one from Johann Pachelbel ... Guitar Version ... Canon Rock in D Major - this guy can cut it!
  2. Is this what you were going to say ... Christopher Bollyn Excellent links in your last post, btw ...
  3. Less than 0.1% ... in my view. That would be 77 members out of 77,000. Am I being too optimistic? The Phrogge is surely being boiled! zzzzzzzz! Most people still think there are 2 parties, and may never get their heads around the concept that there is only one ... until they smell cooking frog-meat!
  4. Dunno if you have posted this previously, ZDO, but I just watched the video at this link, and it is a blatant expose of the biggest scam since Australia's prime Minister promised: "There will be no Carbon Tax under a government I shall lead." Even as the vote was taken - and the "NO!" vote clearly won - the MC simply read the script from the prompter! It was scripted that NO MATTER WHICH WAY THE FLOOR VOTED, THE "yes" VOTE WOULD BE DECLARED THE WINNER. Fo those who came in late (later than I did) the RNC changed the rules so that the presidential nominee could veto the delegates of any state, and replace them with those who would vote for him! America - you have just become totalitarian. Welcome to a world without freedom and justice and a world with a NEW "American Way." Better keep your powder dry - from here on it could get a bit bumpy. Blatant FRAUD at Republical National Convention (RNC) that mainstream media refuses to report! | CrisisHQ.com In God we trust?
  5. This one's for you, Bob ... read it and weep!
  6. Someone has to keep the non-traders interested! One of my rare nights off ... and ... I have already placed 4 trades! (Don't tell anyone, but draw-down is 2% ... and looking pretty wobbly!)
  7. Awesome Creativity ... thirsty travellor
  8. German solar power plants produced a world record 22 gigawatts of electricity per hour ~ equal to 20 nuclear power stations at full capacity ~ through the midday hours last Friday & Saturday ( they didn't say what month!)
  9. These people have an extremely short future ...
  10. I came across some interesting Youtube stuff ... just light ... new ... different. Feel free to post stuff in a similar vein.
  11. Hey Nicoacademia - rather than waste a month standing aside - why don't you start again - same account - but take no official part in the contest? Your figures might not be displayed here, since you have officially tripped out. But at Mystic's discretion, he might agree to publish your numbers just for the exercise. No harm asking the question, and the experience with the platform would be very useful for you mate. Cheers Ivan
  12. The question was valid, and of interest generally, n00btrader - thanks for asking it. But the best answer you might get was in post #5 of the thread, by Plugger - a trader I have met once or twice, and for whom I would vouch. I also know people with whom he was associated in training at a very high level. They held an annual retreat at the old Hyatt Regency, Coolum beach on the Sunshine Coast (now the Palmer Resort I think it might be called now.) Back then - 2006 onwards - if you were making $750k minimum pa you qualified for the Super-Trader retreat at the resort. I think Plugger could clarify how many traders attended - - I fell a bit short of the qualifying mark myself ... :( Have included a couple of pics of the resort, for dreamers ... plus a link to Google Satellite of the area if interested in motivating yourself for a half-decent vacation! http://tinyurl.com/cbllkgk
  13. Start CFD Trading Join the No. 1 CFD Provider to access thousands of markets with highly competitive rates. Apply Online The Daily Bell - Judge Napolitano on the Virtues of Private Justice When you get bored about a quarter way through ... skip to the last 5 paragraphs!
  14. Let's see what the sharks do with this ... :cool: He who has eyes ... let him see ... it should be a very happy Christmas 2012
  15. With thanks to Tams ... 13th march 2012 ... post #170 ... http://www.traderslaboratory.com/forums/general-discussion/10302-picture-day-6.html
  16. Hi Chris and all. The style of trading I do is Multi-Time-Frame using just one indicator. The strategy has been around since before the Dead Sea was even sick. The only variation I apply is, I use different Parameters for the indicator, for particular TF. For Monthly/Weekly/Daily/4H I use the same parameters. For 1H I use another parameter. For 15M I use another parameter. None of the parameters are standard Welles Wilder settings, but anyone could get good results if they did use those. My settings just get me in at slightly improved levels, with a slightly higher risk for that benefit. The idea is to look for contrary moves to the main trend as indicated by the higher TF. When the contrarian move ends, you "should" have a higher probability of being in a trade that is trending well. There are the usual problems - whipsaws, and then getting caught in a true trend reversal, as we have seen this week. My contest numbers will look shocking this week, because I have been focused on my own trading with the time I have available. However, I took the same trades live, and closed them in profit. I do not use % of bank for staking calculations - each trade bears no relationship to another. My position sizing is done according to my psychological risk profile, which I have determined is around $500. Further, I don't bother too much with reward:risk calcs - I work out where I can see support and resistance, and whether these are "round figures" and likely to be more solid/stubborn than a mid-range sup/res level. In effect, the style is tailor-made for me, by me, but is far from original. The discretionary part is simply judgement based on experience and a tad of intuition, mixed up with a sprinkling of economic data releases, and baked for 2 to three days, in a moderately trending market. Hopefully we get a product that is sweet to the senses at the end of the trade! I don't think further disclosure is going to assist anyone, but I traded the AUDJPY and NZDUSD. Anyone interested can see the trends earlier in the week where I made profit in my live a/c. They can also see where those trends reversed and ran hard against me. One position has been stopped out, but the other two are still open, and under pressure. The AUDJPY is looking better as I write, but is still knee-deep in trouble! I usually execute the trades on the 1H or 15M ... but manage them on the 4H to daily level. I do not really think sharing the indicator or settings is going to be helpful to anyone, but you could choose from any list of lagging indicators, and apply one to all TF and get your trade. From a list of 9 currency pairs (plus Gold, Silver and Oil which I rarely trade) I get 2 or 3 decent trades a week. It is normal (and a bit frustrating) to get spells of 2 weeks + without a good trade appearing. Below is a screen shot of the Daily section of the AUDJPY I traded. I did not show the other TF - but the same principle can be applied to all TF until they are seen to be aligning, with one of the lower TF reversing ( contrary to trend) before resuming movement with the higher TF trend. It is a beautiful and fun way to trade. The trade is either there or it isn't, and the probability of getting direction right, is pretty good. Of course no money is made until the trade is closed, and this is another story, and one where I usually have to put away the sharp objects after the trade closes! Hope that helps. Ivan
  17. No, Kuokam, it does not matter. My acc was also started with an odd amount because of interest on the $100,000 added over the past days since I opened it. What DOES matter now, is that you do NOT alter the amount in the acc by adding/subtracting, because the contest is worked out on percentage gains and losses, not $$ gains/losses as such.
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