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Coming from a high school that has some drug problems, I think it's safe to say that is pot was legal, it would lead to less abuse. Half the kids who puff this shit all day long just do it because it's illegal. Half the people who sell it do it so they can claim drug-dealer status. I also...

"Trading is basically simple; but getting to simple is complicated." Sooo true, love that one.

You know, I'm only 20 but I'm getting sick of people preaching this kind of bullshit. I think it's accurate to say that there have been humans since the beginning of time, as we know it, saying the same thing. Know what that means to me? People who spend their time worrying about things far...

What is your target here?

After the recent move I think this would be a decent spot to start building a long position. To me this is a good trade because it's low risk. If it moves below 2.38 I would start to worry a bit. It topped twice in this area back in early 04, but to me this doesn't seem like another. Good luck.

What do you guys think on EUR/CAD? Clearly it's been trading in this 1.51-1.53 area for awhile. This means it will obviously break from this range at some point...so looking at the weekly chart I could see it going either way, but I'd be leaning more toward the short side based on how it's...

I'll also add that I like NZD/USD. I think it's a pretty low risk trade. I am long from .7028. If it comes back below .7000 then I'll be cautious. Need to be careful because it could just be a shakeout. My stop will probably be around .6890 area.

True...it could sustain itself above there in an attempt to shake out weak players. I think it should start to move down within 2 weeks. If it does rise above the (pretty) key 2.4 area then I'll wait for a range to form and try to sell near the top of it. Gotta let it do its thangggg.

GBP/CHF looks like it could be a good sell at this point. If it sustains itself above 2.400 then I would reconsider. First price target 2.34...previous low.

water the new oil? i don't understand.

You'll get hooked on Warcraft like crack. I honestly know about 10 people whose lives have been taken over by this game.

Right now I'm not seeing a lot that I like. Probably taking it easy until after the holidays. Still like USD/CHF - short at 1.2145. Also keeping my eye on USD/JPY. If this is a top then there will be a nice move on the downside I believe. Take care.

USD/CHF looks like a good sell, especially considering the recent run-up. I gotta disagree with EUR/AUD. I would be short down to around 1.56. If it does hit 1.75 then to me that means it is a pretty major reversal.

First off, I'm 20 years old so I'm young and ignorant enough to bash whom I want, thank you very much. However, comparing this guy to anyone is plain stupid. How many people get offered that kind of money in their lifetime? How many people, out of that number, would turn it down? So we agree...

Dollar doesn't really seem to know where it wants to go yet. With that being said, I probably won't be putting any dollar trades on until it gives an idea. The USD/JPY once again proved to be that it's a bad idea to try picking tops. Looking to sell EUR/AUD w/ target around 1.6350.

Tried shorting USD/JPY yesterday at around 117.70. Bad idea to pick tops...stopped out at 118.15 but still would like to be short when it proves it's made it's run up.

LOL

True, but does he really want to actually have to do something for the rest of his life?

What reason do these guys have to not sell Facebook?

Looking to buy USD/CAD after (if) it dips. Looking to sell EUR/AUD. Thoughts?