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secondmouse

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  1. Obsidian, can you please elaborate on this a bit more?
  2. Greece is an easy target right now, and I understand the impetus to treat it as a punching bag. But the indignation and self-righteousness seems a little disingenuous. I mean, the US is the biggest debtor nation at this point, and it's not as if Americans don't look for ways to get out of paying their taxes, while also approving the funding of expensive wars, expecting the infrastructure to be in tip-top shape, demanding the continuation of the social services they've grown accustomed to, etc.
  3. Thanks, jdevron. I really appreciate everyone's responses on this nerve-racking issue.
  4. peterfx - Thanks for the advice and recommendations. Cheers
  5. Hmmm...Maybe I should rephrase, and be more specific. From the little that I know (which is quite little), at least some of the whipsawing that occurs in the ES can be attributed to computerized trading. What I'm trying to determine is if there are some markets (say for example, grains) where this type of trading doesn't occur as much.
  6. Hi everyone - Quick question: Are there markets that are less susceptible to the effects of computerized robot trading?
  7. Targus, thank you for your detailed explanation. Admittedly, some of it is still somewhat opaque to me, but that's due to the current state of my knowledge and is certainly not your fault. Thanks again, and good luck with the GBP/USD.
  8. Let me start off by saying that I know next to nothing. I've been on the outside looking in for several months now, and all I've managed to do so far is develop an instinct for which "gurus" are selling snake oil (99.99% of them), and I've also isolated maybe half a dozen trading books, from the hundreds on Amazon, that might provide some true trading knowledge. I've come to this site to try to learn from my betters, but it must be a case of "pearls before swine" (just to clarify, I would be the "swine" in question) because, even though I know that you folks are imparting valuable information in your posts, I often can't make heads or tails of what you're saying. God love you, this is second nature to you, and you often use a type of shorthand that is virtually incomprehensible to the uninitiated. Dear Targus, would please explain to me what you mean by "...synergy started to hook over, when cable reaches near the bottom fib..."? I'm assuming "fib" refers to Fibonacci, and I know what the words "cable" and "synergy" mean in a general sense, but what do they mean in your context? Also, what does "MM" stand for (if it's something completely obvious, I'm going to be pretty embarassed)?
  9. Tim, As a neophyte who hopes to grow up to be a full-time trader, I found your account of your schedule interesting and informative. I have what's probably a stupid question (no such thing as a stupid question, right?): At one point you say, "If the Euro has been technical all day..." I know what technical analysis is, but what do you mean by "technical" in the context you used the word?
  10. Thanks for the feedback, Mysticforex and keymoo.
  11. I'm new to Forex and have a couple of quick questions. Would appreciate feedback. I've heard that ECNs are preferable to work with, instead of market makers, because ECNs don't have dealing desks (and therefore no conflict of interest). But I've also been advised that you don't get good fills with ECNs. Any thoughts? Also, does anyone have any experience with the newstrading system, StraddleTraderPro? Lastly, anyone know about mirror trading and a platform called Tradency? Thanks, SM
  12. Hi folks, I'm brand spanking new to TL, just joined today, and this is my first post. I've thought about trading the markets for quite sometime, but only recently decided to take the plunge and start climbing the learning curve. I think I'm at the point where I'm beginning to know what I don't know, which is probably a pretty good place to be (certainly better than not knowing what you don't know). Anyway, I look forward to learning from all of you.
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