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Strategies & Market Trends : Forex Forum

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To: fut_trade who wrote (14)	6/18/2002 12:23:42 PM
From: Defiant	of 50

Certain things don't show up on the chart or on a computer system. Small little things which affect daytrading. I suppose you could technically program a computer trading system to incorporate it all into it's decision making process, but I have found that there is truth in simplicity of indicators. So when I see the Dow go green, and the Euro dive 17 pips, then see it slowly climb back up, it makes me think. You can't program that kind of stuff. By itself it means nothing, but it is yet another mental alarm for a trader. Price action. So while my trading system has yet to call out a short, I may dabble with a Euro short here with my daytrading account. I view my position trading strategy and daytrading strategy very differently. Defiant

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