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Mysticforex
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Everything posted by Mysticforex
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I would like to short AUD/USD again, On a close below the candle on the 5 ,in. S/L @ 10300. TP @10190 --------------------------------------------------------------------------------------------------------------------------------------
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Wow! Thank You TradeRunner for starting this thread!
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On Weds. March 30th, I will be interviewing Rob Booker. Register for this Traders Laboratory exclusive event. We'll also be hosting a Q&A session so if you've got a question for Rob, make sure you attend and ask it yourself on Wednesday, March 30th. Best of all, Rob's got an indicator he wants to give to every Traders Laboratory Member just for attending (works on MetaTrader4, TradeStation and ForexTester). Don't miss out on this exclusive TL presentation! Rob Booker is a foreign currency trader, best-selling author, and sought after speaker. A tireless world traveler, he has spoken to countless numbers of sold-out audiences throughout Asia, Europe and North America. Rob is the founder of Piptopia.com, an online community for currency traders, as well as TraderRadio.net, a daily radio program heard by traders around the globe. He is also the author of the critically acclaimed Adventures of a Currency Trader as well as The Currency Trader's Handbook and Strategy:10, a highly popular currency e-book that has been downloaded more than a half million times since its release. Most recently, Rob's book, Super Simple Forex Strategies, was released in Japan, becoming an "FX" bestseller with more than 30,000 copies sold. Renowned for his entertaining approach to discussing the world's largest and most volatile financial market, Rob's analysis is read by thousands of people each day throughout the world. He maintains his Forex advisory practice close to home in Mission Viejo, California. Click Here to Register Personal Notes: Rob was my mentor several years ago. We have since become friends. Rob didn't start in the mail room of some big brokerage and work his way up to floor trader. Nor, did he work for a Bank and learn "Institutional Trading". He started as a Retail Trader, like a lot of us here. He is open, down to Earth, sometimes funny. He believes in transparency. Feel free to ask questions during the Q&A portion of the Webinar. Hope to see you there. Chris
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You'll have a chance to ask him. I'll be interviewing Rob Live here on TL. Weds. March 30th 12:00 PM Eastern time.
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I saw Alan Jones race at Watkins Glen in 1979. He was the first Aussie to win a World Drivers Championship since Sir Jack Brabham. I have always been a big F1 fan.
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Comments and Forex-analytics from FBS Brokerage Company
Mysticforex replied to FBS_Official's topic in Market News & Analysis
Thank You for that comprehensive report. How often can we expect them? -
Introduce Yourself Here - Don't Be Shy!!
Mysticforex replied to trading4life's topic in Beginners Forum
Welcome nagarjunach! If there's anything you don't understand, ASK! -
Ok, Need at least 5 contestants. I will have to know by midnight Sunday, Match 27th in order to get things set up for an April Contest.
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The winner will be determined by percentage gain, not $$$ gain. There are ways ( as administrator ) to tell if someone is cheating. I administrated one contest that had 129 contestants, had to disqualify about 20 people for cheating. That contest had a prize, an all expenses paid trip to Rob Booker's office, and spend 5 days trading with him. A fellow in the UK won that one. I think it cost Rob about $3K at the time.
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Introduce Yourself Here - Don't Be Shy!!
Mysticforex replied to trading4life's topic in Beginners Forum
@TheNegtotiator. Yes, CME does offer mini Forex Futures, I haven't looked into them yet. @$5daw I like that, "Trade When the Money is". As for your choice of Beers, Hmm... :puke: -
Re entry with revised TL. --------------------------------------------------------------------------------------------------------------------------------------
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Stopped out @10240 -26 Pips. Will re enter on another break of the TL.
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MMS, The all time high was @10256 on 12/31/2010... If we break to the upside expect a retest. A failure to establish a new high is possible, so, I would place TP @10250, depending on your spread ( 10256 was the "ask" ). On the other hand, if we make a new high, I would expect at least a test of 10275.
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This trade has opened for me @10214. S/L10240. TP 10123.... I have that set for now, I may increase the TP.
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BTW... I forgot to mention, the pair is divergent on several TFs as well.
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Here's a new set up on the AUD/USD. Click on the link to view the video: CLICK HERE! --------------------------------------------------------------------------------------------------------------------------------------
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If You Didn't Need the Money Would You Still Trade?
Mysticforex replied to TradeRunner's topic in General Discussion
Yes! I find it mentally stimulating. -
Sorry, Weekly Pivot.
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John, Here's a link to a post I made to an old "John Carter" thread on the forum. WPs are a very important part of my methodology. http://www.traderslaboratory.com/forums/34/pivot-points-john-f-carter-1986-3.html
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Which Trading Platform is Better..I Need Play Money to Trade
Mysticforex replied to demeanor's topic in Beginners Forum
Depends on what instruments you plan on trading, Spot Forex, futures, options, Indices, etc. -
Down to the WP? --------------------------------------------------------------------------------------------------------------------------------------
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Stopped out... - 20 Pips.
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Happening to fast to post video. Chance to short E/U with very tight stop. short 14190 stop @14210 TP 14180 --------------------------------------------------------------------------------------------------------------------------------------
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Steve, I think the environment that might work is a "Trading Group" . By invitation only, to separate the Wheat from the Chaff, so to speak. It does not have to consist of entirely "Elite" traders, but those of at least a moderate level of experience or more. There are several venues ( meeting rooms, chat rooms ) available for this that are free. For several years I attended a daily meeting which we called "Chart School". It was one of the highlights of my day ( yeah, I know, I need to get a life Lol... but as time went on trading became more than "what I do", it became part of "who I am" ).
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Only 3 or 4 8 to 10 would be ideal, 20 to 25 would be Great!