No Free Lunch but all the Free Coffee you can drink - Page 2
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Thread: No Free Lunch but all the Free Coffee you can drink

  1. #11
    Quote Originally Posted by ;
    ,, also I prefer to drink 1 cup instead of 8 to 10 (a marijuana). Just me,,
    Whoos! I average about 20-a-day :

  2. #12

  3. #13
    Fantastic observation

    Thanks for sharing your know-how

    P.Sforexforum.co.zais genuinely a fancy place, using numerous selfless professional.

  4. #14
    Quote Originally Posted by ;
    I have noticed the next.
    8:00 AM Open to 10:00 AM = Rape, Pillage OR Stalk
    11:30 AM Spike = Goin' to lunch and also want some profit to Close.
    1:30 PM Correction = OK, We're back and we're gonna proceed it as much as we could. wtf were you guys thinkin'
    3:00 PM lag is caused by Daytraders getting out Historical and Swings/Carry doubting their Trade will currently Mature.
    I have noticed they are beginning to rape and pillage a tiny bit sooner than 8 a.m (a few days) as some traders would like to have the choice piece of beef until the remainder of the pack joins in, plus London has figured this out without doubt they get the ball rolling as some of the traders return from lunch thinking alright New Yorkers, wake up the Fu*k up

    Along with the java poster, It is called Cocaine. And you don't even need to consume it, thus saving the pee break.
    Actually I quit drinking coffee (except for the intermittent starbucks every now and then) Try drinking green tea instead, you get exactly the same caffeine with no gitters or the that I want more feeling plus it is the secret to longevity whereas java shortens your life, also increases your blood pressure and induces additional stress. THIS IS A SPAM FOR GREEN TEA
    with honey

  5. #15
    Quote Originally Posted by ;
    Hi Peter, Welcome to Ye Ole FF. I really like your last line.

    Q1) How long were you in the Pit?


    Q2) Can you jump from Pit to Pit throughout the day per week?
    A1)I had been in the Pit for 2 years. Traded the Swissy and DM . I traded breakouts. Actually I trade the exact same way today from digital terminals with less hassle.

    A2)I would trade the hot hand. The strongest/weakest market got my enterprise. Still does.

    I traded simple, strong breakout setups I had to wait around for. I can't tell much shift in profitability to right now.

    I really think that it is simpler to trade profitably today with forex. More options, and you've got much more variability in place size options.

    Peter

  6. #16
    Quote Originally Posted by ;
    A1)I had been in the Pit for 8 decades. Traded DM and the Swissy . I traded directional breakouts. Actually I trade the same manner today from digital terminals without hassle.

    A2)I would trade the sexy hand. The strongest/weakest market got my business. Still does.

    I traded easy, strong breakout setups I needed to wait for. I can't tell much shift in profitability to correct now.

    I actually think that it is easier to trade profitably today with forex. More choices, and you've got far more variability in place size options.

    Peter
    Wow. Welcome aboard FF. It is good to become seasoned traders here from all markets. We've got a collective of information, egies, concepts and overall insight are seen in this tiny community. Plus a couple of jokes every now and then, Keep it on the DL, don't let the boss know.

  7. #17
    Quote Originally Posted by ;
    A1)I had been in the Pit for 2 years. Traded the Swissy and DM primarily. I traded breakouts. Actually I trade the same manner now from electronic terminals with less hassle.

    A2)I'd trade the hot hand. The strongest/weakest market got my enterprise. Still does.

    I exchanged simple, strong breakout setups that I needed to wait for. I can not tell much change in profitability to correct now.

    I actually think it is easier to trade profitably now with forex. More choices, and you have far more in position size options.

    Peter
    Hi Peter, are you really interested in being able to post in the Trading Space?

    I am confident you would have little trouble in aswaying any doubts any member might have.

    As a bonus to you I have already offered my vow because I feel anybody who says they Traded the DM. Has been around a while.

    I visit BWR beat me to it but that's OK. 2 more to go if you don't state NO.

    Edit
    Ohhh, would not it be Wonderful to see an Unclutered thread termed...

    Experiences of a Pit Trader.
    end edit

  8. #18
    Quote Originally Posted by ;
    I visit BWR beat me to it but that's OK. 2 more to go if you don't state NO.
    Got mine if he says no or not.

    I'd love to hear more too, do deffo start a thread when you've got time.
    which you should, waiting for break-outs ala Donchanian-stylie <img data-emoji=”grin” width=”18” height=”18” class=”emoji” src=”https://cdn-resources.forexforum.co.za.net/images/emojis/64/1f601.png?v=1.0.0.1” />
    I never had the chance of being in the pit, any pit for that matter.
    Closest I got was telephone orders into the pit.

    I was going to comment on the DM cite over, but beat me to it. Damn, DM, old-school! not sayin' you're old or anyting! I was a proper kid when that was around

  9. #19
    Quote Originally Posted by ;
    The rule would be to examine the market after about 6AM GMT as this is toward the conclusion of the oriental session.

    Your graph is appearing at IBs before this.

    Take the basic principle ie promote weakness,buy potency.
    You could use this to other chart patterns.

    The fundamental idea of taking profits then having a free trade combined with buy strength sell weakness is vital.
    Hello, Steve,

    please look at this snapshot quoted from Peter's post. What disturbs me is the entrance time. Someone said we should look IB only after 6:00 GMT. But in many snapshots of Peters, he played with IB before 6:00 GMT, even @ 1:00 GMT, such as the following picture shows:

    I am sincerely look forward tohearing any remarks about this.

    BTW, may I know the indior that could show the IB's high and low and the previous day's closing, as shown in Peter's picture. Thank you!

    Best regards and pleasant weekend

    Joey

  10. #20
    Quote Originally Posted by ;
    Hi, Steve,

    please look in this picture quoted from Peter's post. What confuses me is your entrance time. Someone said we should look IB only after 6:00 GMT. But in most snapshots of Peters, he played IB before 6:00 GMT, even @ 1:00 GMT, such as the following image shows:

    I'm sincerely look forward tohearing any remarks about this.

    BTW, may I know the indior that could demone the IB's high and low and the prior day's closing, as shown in Peter's image. Thank you!

    Best regards and pleasant weekend

    Joey
    Joey You will see the reply to this question in post # 61 (read carefully).My proposal to anybody struggling with the concept which Peter has put out is to print out each Peters posts and read them again and again untill you understand them. You can begin putting the ideas into practice. Good Luck.

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