Out of my long. -20pips. (marginally up on the day) I'm now short, lets hope this is the train down.

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An Interview With J. Welles Wilder — An interesting interview. url JW : The markets must win or else their will be no markets. There must be more money lost than won. The big winners are the Commercial Hedgers with huge money to back up ...

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"forecast" for the period 10am to 14:00gmt: PH: 1.3992 PL: 1.3920

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Well I still think the market is going to 1.3600 by the end of the week and while I'm long at the moment I'll make sure that I'm on the train down even if I miss the first station. Sleep well.

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You can't really believe that as you just alluded to the accuracy of weather foreasting models. I'm still long.

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You could be right but I'm looking to add another long at 3948.

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I like your technique.

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But it isn't my opinion. It is an output from a forecasting model. I have made it clear to all what it is so let's just leave it at that. Who would have thought that posting forecasts would cause so much controvery?

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Oh..got it! Cheers...

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Sleep well!

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I'd love to offer that information but I don't think that I'm allowed under the FF rules. I don't want to get faded again. Maybe admin can clarify.

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Yes but there just indicators nothing more. They are 69% (highs) and 62.4% (lows) accurate historically, that is far from 100%.

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Killerwhale, I mean you no disrespect but forecast means: To estimate or calculate in advance, especially to predict by analysis of data. I honestly can not understand what you mean...please explain.

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Further, my forecasts are just that (FORECASTS). A two day run of fortune is not statistically significant. I post the forecasts so that the experienced trader can get an additional confirmation indicator from the myriad they have already. Make sure ...

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Well I'm Bearish overall and I expect 1.3997 to be the high of the day. HOWEVER, I am a robot of my system so will do whatever it signals and right now it is poised to go long. I have gone long.

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Hi F83, I'm ready to kick the dealer's butt today. I'm already up 30 pips and intend to do damage today. Good trading!

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I simply use a Neural network. There are plenty available free of charge. Go find one and experiment.

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Welcome.

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Maybe but (IMHO) if your trade location is correct then a 25 pip SL is more than enough.

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With a tight stop-loss?

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