Thursday, April 1, 2010
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"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
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3 comments:
Happy Easter weekend. I have a simple question to the pro. Why did you decide to enter the long position on your 2nd trade even when the EMA 200 and 100 are still not lined up? Thank you for the posting and I have so much learning from you.
""Why did you decide to enter the long position on your 2nd trade even when the EMA 200 and 100 are still not lined up?""
a succession of higher hights and lows was my sign to enter..
EUR/USD at start of the month is always interesting due to the NFP workout, but again if we have right money management then things can be tackled very well. I trade with OctaFX broker; it’s a magnificent company to work with due to wide range of features whether to do with their low spreads starting from 0.1 pips to high leverage up to 1.500 while there is also seriously smooth trading platform that makes me work all that nicely all the time.
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