pete94582
New trader
Keeping it simple-
Posts: 1 
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Post by pete94582 on May 4, 2015 12:21:36 GMT -5
Hello to All!
I joined this site because Allen's strategies and tactics are understandable and repeatable. I have faith in my plan and look for tips and techniques that will polish my plan vs restructure my plan. Thanks for your You Tube posts! I learn most from these tutorials!
Keeping it simple,
Pete
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Post by photize on Jun 10, 2015 4:38:34 GMT -5
Hello to All! I joined this site because Allen's strategies and tactics are understandable and repeatable. I have faith in my plan and look for tips and techniques that will polish my plan vs restructure my plan. Thanks for your You Tube posts! I learn most from these tutorials! Keeping it simple, Pete Pete , please join in and maybe give us some thoughts , happy pipping Pho |
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Post by Segwin on Jun 30, 2015 16:24:43 GMT -5
Hello Pete & welcome - new here myself.
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Post by traderAllen on Jun 30, 2015 20:07:27 GMT -5
Welcome to the forum. As I said to SegwinIn another post. The key is understanding favorable conditions for scalping or any other trading for that matter and unfavorable conditions when you should just be sitting on your hands. There is no magic formula it takes lots of time watching the charts. Eventually you'll get to notice when there's buying pressure and when their is selling pressure. Once you realize for example that the market is being bought up then you start looking for low risk entries. Then start locking in some profit just before the first area of resistance.
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