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The ruling classes are able keep us in conflict, with each other (race) and other countries, but man seems to enjoy it too.

I think also traders who lack market knowledge have to be more reliant on money management

Down to 4488 ish then up again

didnt mean macd nailed the election results lol just commenting on the importance of having a process which most people don't have

yeah I think hes talking about a 1 to 1 risk reward, I don't trade 1 to 1 and you shouldnt either

I dont trade with indicators either but you really need to have your process nailed to be successful,which these guys seem to have done

London is aparently getting close to being the worlds top financial centre :rolleyes:

Usd index looks like its going higher

fair enough just wondering what your expectations were

Are you going to hold onto this trade for 6months plus ? I think the election will be pretty much priced in by the time it happens and labour don't have a shit show

I think you'll find that less liquid assets price would tend to jump around a bit and be more erratic

http://www.bbc.com/news/world-europe-31837660 Russia

some days are slow waiting for set ups with nothing happening, then other days set ups all over the place I really don't like missing setups now,so that's enough to keep me switched on when trading ! you'd probably end up baby sitting everyone else in a shared office, better off on your own

I'll pop by now and again, I trade gold and forex full time

Having an 'expectation' of price every time you go into a trade will help you achieve this

The sharper (nearer to the top) your entry the tighter your stop, you will find your stop outs increase but also risk reward increases hugely, it pays to have a solid methodology and a good handle on price action to know asap if your entries good or bad

Things just came together, all the hard work and suffering. you need a solid base or methodology to work from which requires lots of work and effort which is probably why most fail

Excellent points, I used to day trade flying by the seat of my pants, chasing price around, now its the complete opposite... price comes to me now and taking trades easy

Trading gave me the freedom to not work with ego idiots in the workplace, mainly management