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- Northernstar replied Mar 4, 2010
Due to restrictions from the clients side we are only allowed to do business with the following banks, Handelsbanked, Danske Bank, Nordea and SEB. We chose Handelsbanken and made a 1 year contract that expired in december. Early december we made a ...
- Northernstar replied Mar 3, 2010
Nowdays there is very little room to negotiate on spreads. You should try it for yourself and see how much you can negotiate on spreads. There are other far more important issues such as leverage, who handles your deals, backup and so on..like I ...
- Northernstar replied Mar 3, 2010
When you open an account with 10 million euro there are more important aspects to negotiate than spread..
- Northernstar replied Jan 13, 2010
Have you tried earplugs just in case it's the noise from the street keeping you awake? Glass of milk before going to sleep? Just joking. Once you enter trade type your stop loss and profit take numbers or set a trailing stop, after that ...
- Northernstar replied Aug 27, 2008
I am getting tired of this it seems getting a simple answer out you is impossible so let's get this over with. I have highlightened the the issues that I am going to address one by one. What I write is from a banks perspective but I see no reason it ...
- Northernstar replied Aug 25, 2008
You did not answer my question? — It is condescending only if you take it that way. I had a former colleague of mine have a look at what you wrote and he agrees with me, several issues you misunderstood. This is called first hand information, ...
- Northernstar replied Aug 24, 2008
Sir, there are several flaws in you writing. I find it disappointing that you chose to write about something you have no understanding and by doing so you give the wrong impression to everyone else who reads it. Next time you write make sure you ...
- Northernstar replied Jan 4, 2008
Support and resistance — I have received few pm's where people go the trouble of telling me that there is support and resistance. One pm was impressive because he actually took the time to think and argue for the way he thinks, well done. So I ...
- Northernstar replied Jan 3, 2008
Trading psychology? There are 2 feelings that I ever felt in, fear and greed after a while you go numb and do not care anymore because your brain and what got stuck in your spine takes over. That is how I started and turned. There is no support or ...
- Northernstar replied Jan 3, 2008
You classify it as uptrend and look to go long, right? You are not trading what is on the chart any longer because you made up your mind, can you really say for sure the next bar is going up? Every time I take a trade I take it the way it goes, I do ...
- Northernstar replied Jan 2, 2008
There are many things I do not believe in, you should add to your list support and resistance as well. They are in the same category as oversold and overbought. Price tells me what way to go and there are only 2 ways, but without time it is useless. ...
- Northernstar replied Jan 2, 2008
perhaps you should not run with the herd — What you call "herd" behaviour is as also known as safety or strenght in numbers, this goes a long way to the days when we were hunted as opposed to the hunters. If you choose to go with the masses, ...
- There are no trends or ranging markets
Now that I got your attention I want you to start thinking for yourself and not believe everything ...
- Northernstar replied Dec 31, 2007
You are right but you are missing the point. Why trade multiple timeframes in search of trend? Lets put it this way how high in timeframes must you go to find eternal trend? You can stay in one timeframe and not worry about whipsaw or being in the ...
- Northernstar replied Dec 31, 2007
Trending, ranging...What if for a moment you stop thinking in terms of trending and ranging, it limits your way of thinking and it should not. Higher timeframes are not a solution, what happends in the lower timeframes sooner or later takes palace ...
- Northernstar replied Dec 31, 2007
I suggest you apply common sense to how to interpret the 50% level. Think of it this way if there is a nice car you like and the asking price is 100000 dollars. You might consider it a bit high but if the salesman offers you the same car for 50000 ...
- Northernstar replied Dec 31, 2007
To my experience fridays are the same as any other day of the week. Where did you hear not to trade on fridays, this is one of the so called urban legends. I admit there is a logic to it with the weekend coming but if you look at the charts look how ...
- Northernstar replied Dec 7, 2007
I certainly do not pick my trades based on risk/reward ratio. I can say that there are times and places with possibility of better reward but is it 2:1 or 5:1 is a guessing game. I only know one thing for sure, when I enter a trade I know how much I ...
- Northernstar replied Dec 7, 2007
You are not afraid of simple good for you, yet I notice you mention slope change, fibs....Keep in mind that there are many ways to trade and as long as you make money it does not matter if your chart has 10 indicators or not. It is not what you have ...
- Northernstar replied Dec 4, 2007
Disappointed in this thread.. — Been trading currencies almost 5 years, last few years for myself. My evolution as a trader has gone from daily charts to 1/5 minute charts. In the begining it was following the rules, slowly it has changed to a ...