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LOL! <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/xhIu7qp5vo8&hl=en_GB&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

EUR bounced of previous weekly support

Leveraged trading is there to extract capital from majority, not assist to increase it.

It is said that most sports people find it extremely hard to perform to their maximum ability after an injury, just like after a losing streak matter is pure psychological one. Trading is lucrative for most of us because it offers leverage, remove leverage it becomes a lot less so magnetising...

One of the best (ignored by daytraders) indicators is basic fundamentals. Pull up a multi-year chart of USD for instance, mark turning points & locate financial news at the time. The old adage is - no risk, no champagne :(

Gold is looking interesting too. Vola building up.

results ARE meant to be mixed, because price action is always different, so what you have is probability, average targets have to be a multiple of an average stop. It's not always possible to get 5% return, but you will have 5 attempts :) No holy grail.

not 50/50?

http://www.ft.com/cms/s/0/ffd950c4-0d0a-11df-a2dc-00144feabdc0.html?nclick_check=1 Paulson - Russians are to blame. Of course they are!

6 Index composite/EOW 4 <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2717211>

Check out EURUSD Daily candle, no lower tail at all, doesn't happen often. Plus broke down out of wedge.

similar thoughts here, 1.37+ next obvious support zone coincides with 50% zone, wonder whether there will be similar amount of vola present or we see some sort of congestion.

LC, What are your thoughts on EUR? Bearish close this week, it's nearing 50% fibs plus I see USD stalling around 80.

EUR approaching 50% fibs on weekly

I am short, so not looking for a bounce

EUR sliding down out of the wedge, ouch! Next support around 200 pimps away

no set time

Dorman trading offers a good charting resource

Interesting p/a in EURUSD so far today, a dip down & back up, I wonder how it will look EOD with Fed chairman vote today. http://www.nytimes.com/2010/01/28/opinion/28blinder.html

Of rising TL IHS maybe? Oscillators pointing upwards on 240 also <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2713528>