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Obsidian
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Everything posted by Obsidian
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choose such services carefully..seems zulu is the biggest at the moment (correct me if I am wrong)...stay away from rent a signal as they are closing the shop
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maybe you can find some info here: Understanding Margin Changes | Open Markets
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Weekly and Monthly Trend Following Strategies
Obsidian replied to geektrader's topic in Automated Trading
just asking out of curiosity, what is your priority? do you look for more profit or less drawdown? -
Introduce Yourself Here - Don't Be Shy!!
Obsidian replied to trading4life's topic in Beginners Forum
hello Savant, welcome to the TL community! -
people are ready to give millions just to see a few seconds ahead...
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Is There a Strategy Wins 90%
Obsidian replied to Jack Francisco's topic in Swing Trading and Position Trading
of course "learning" and "applying" are different things...we tend to forget what we read. but once that mistake teaches you a "good" lesson, you be careful next time -
maybe it is the unnecessary risk (i.e. trading size) people take makes it hard to deal with. if the market pinches you, you can still act as if nothing happened but if the market punches you right in the face, you may lose all your discipline
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Summary of open orders and positions:
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gbp/usd may pause here today (and bounce to 1.6010) before heading towards 1.5930
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eur/usd...4h chart is turning bearish again... we may test 1.28 tomorrow if we cant get back above 1.29
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seems like gold is going back to 1755 first...
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[s&r levels] Leading/lagging Pairs or Illusion
Obsidian replied to ARTjoMS's topic in Technical Analysis
you may not find logical/mathematical answers to the things happening...but in eur/usd case maybe it was 38.2 fibo level..now you can blame fibonacci -
that is no different in forex, the amount of currencies you buy/sell determines how much you profit. if you trade big, you increase your chance to fail big eventually.
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Since you identified your problems, why would you need a mentor? you should keep in mind that market is not going anywhere, there will always be plenty of of opportunities-signals. you may consider changing the time frame (if your system still works) and find a better exit method which you can find on this forum;)
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Is There a Strategy Wins 90%
Obsidian replied to Jack Francisco's topic in Swing Trading and Position Trading
I guess all traders who stayed long time in the markets had such bitter experiences. This is something you can't learn from books. -
enough waiting, time to long very soon with a target of 0.8220
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Swiss CPI....................
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[FUNNY] Jack Welch Tweets Conspiracy Theory
Obsidian replied to Tams's topic in Market News & Analysis
there is a reason these type of important data are gathered by surveys!!! :rofl: -
still there are lots of people who use MAs to determine the current trend
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there are times we have to let the dust to settle. sometimes things go different than we predict. knowing what to do and knowing what not to do make a huge difference. and don't forget that the market will not be logical all the time...even if you are right, the market/instrument can go the opposite way for a long time...
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Introduce Yourself Here - Don't Be Shy!!
Obsidian replied to trading4life's topic in Beginners Forum
Hi UmboloX, welcome to the TL community -
Speculators Halted Their Anti-USD March; Kept EUR Bets Almost Unchanged eFXnews : Speculators Halted Their Anti-USD March; Kept EUR Bets Almost Unchanged
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E-mini SP500, 2 year & 10 year treasury notes:
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Weekly charts: EUR-GBP-CHF-CAD-JPY-Gold-Silver: