I'm waiting to see if there is a hard bounce at 1.45 or whether it hovers around that whole number. If it hovers, the chances are it will continue to creep down.

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GU 4hour Candle — GU 4 hour Candle

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4h, 1day. 1 week and 1 month candles are the trendiest. Even when scalping, use these time frames to establish the trend and the movement. People often ask, 'What is the trend?'. Well, take the example time frames mentioned above. If the graph ...

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100%, I couldn't agree with you more. I think a lot of times, a tight stop loss can be murder. People may be thinking that they are reducing their risk, but in fact they will probably incur a bigger loss than if they had a looser stop loss which ...

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eggggggs cellent

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I think there is a big problem with people who interpret random noise as signals and trends on small time frames. Randomness is randomness; not every 50 pip movement has a reason behind it; there is a lot of over analysis where people are trying to ...

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All the people in here can say it's going to go to 1.4350, but that doesn't mean it will.

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If the price does happen to break through 1.45, and hold below that line, my target would be the 1.4350 area.

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I do have a live account with MB yes, and another live account with a different broker.

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No, it isn't an unlimited demo with MB Trading Futures. If you don't log in for a certain amount of time it will delete the account. However, if you do log in consistently, it doesn't delete it. I've had a demo account with them for 8 months in the ...

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This is trending down beautifully. I can see this testing the 1.45 level and then bouncing off that to retrace back up.

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I will tell you the secret of getting rich on Wall Street. You try to be greedy when others are fearful, and you try to be very fearful when others are greedy. (Warren Buffet)

Trading Wisdom

Just because the price goes up doesn't mean you're right; just because the price goes down doesn't mean you're wrong. (Peter Lynch)

Trading Wisdom

Preach!

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Don't bet on it my friend: punting is a fools errand.

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Because it's a great show which the BBC is broadcasting, which could be invaluable to a lot of traders in here.

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A nice drop there lads

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Watch it man, it's the first in the series. I thought it was great, watching all the newbies wet their pants, and watching the whole process etc. Van Damn basically took 8 traders, trained them for 2 weeks and now they have 1 million dollars of his ...

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Jack Bauer - LEGEND Manchester United - What a bunch of Newbs.

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Awrite Chris! Did you see that trading program on BBC2 at 9pm?

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