Little Pip in a Big Pond. Help!! - Page 3
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Thread: Little Pip in a Big Pond. Help!!

  1. #21
    Quote Originally Posted by ;
    Get your news out of http://www.bea.gov/ as well as bloomberg tv and cnbc. You tading method is only giving you 10 pips? That may be good or bad. Good if its telling you that if a fashion is beginnin/reversing, bad if its not. You have to predict with a high probability that the tendency will go your own way. That is exactly what makes the trader. Exiting isn't as important as entering the right trade the right way. Because you could always shut out in profits. And this really is the key to earning millions. I do not actually have an exit egy. I only know when to get in and out. Its easy as soon as you know what to search for. I've worked in corporate america for ages. And I loathed it. The money was great but the subservience is deplorable. I was not born to be an employee.
    Thank you Aswilled I've been useing these forums. How do you know which direction something will drive the market if you use this? All of them seem to offer you the news as it comes out but how do you get in before the spike and also make all the $$?

  2. #22
    Quote Originally Posted by ;
    Thanks Aswilled I've been useing those forums. Do you know which path something will drive the market if you use this? They all seem to give you the news as it comes out but how can you get in ahead of the spike and make the $$?
    This is aswilled using my wifes login. Now, negative news give results. and vice versa. To get the news before it comes out is Forex trading. Punishable by 10 - 20 yrs in prison. What unseated Martha for just a bit. This is the way you get ready for the news. See the Morning Call at 8 am on cnbc. They'll inform you if news reports are anticipated. And what market expectation are. Put yourself infront the tv, getting ready to buy/sell, based on expectations being met. The news doesn't always proceed the market. Nevertheless, when it can, it will do it quickly. Get ready, get ready, get ready!

  3. #23
    Quote Originally Posted by ;
    This is aswilled using my wifes login. Now, negative news provide results. and vice versa. To find the news before it comes out is Forex trading. Punishable by 10 - 20 yrs in prison. What unseated Martha for a bit. This is how you get prepared for the news. Watch the Morning Call at 8 am on cnbc. They will tell you when news reports are expected. And what market expectation are. Put yourself infront the tv, getting prepared to buy/sell, based on expectations being fulfilled or not. The news does not always proceed the market. Nevertheless, when it do, it will do it. So get ready, prepare, get ready!
    So do you usualy enter the trade ahead of the release or await the very first candle?

  4. #24
    Quote Originally Posted by ;
    So do you usualy go into the trade ahead of the release or wait for the first candle?
    Never exchange before or through the launch. Wait till after the launch. Watch the candle signal (at least 2 sessions) and at which the price is within the bollinger bands.

  5. #25
    Quote Originally Posted by ;
    Never trade before or Through the release. Wait till after the launch. See the candle signal (at least 2 sessions) and where the price is within the bollinger bands.
    Okay thanks. I will attempt to be patient, perhaps I should try chanting.

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