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    What's your favorite trading quote of all time?

    My reply below to Infolode's Livermore quote about the uncommon ability to stand pat on correct calls is meant to apply to me and any trader who wants to be successful. It wasn't meant to deride Infolode -- just the opposite, in fact. I completely agree with him about the worth of the quote.
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    What's your favorite trading quote of all time?

    Tattoo this one on your butt. You won't find it when you need, which is before you show your ass, but you'll find it.
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    Aud/usd

    I got a couple of other changed expectations up my sleeve, which should resolve long Aussie. BOJ won't raise and won't signal raise next month (or won't raise in January regardless of the signal it gives this week). Deflation is more treacherous for Japan than inflation is for USA. Also, I...
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    Aud/usd

    I almost never agree with predictions by the time they've made the financial news. The "news" is normally long priced in by the time you read about it. But I do believe this from Bloomberg's today, based on the primacy of yield, and expectations that follow from that (and ignoring for now...
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    List of ALL ForEx Brokers

    You know why, don't you?
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    Aud/usd

    My AUS shorts, 4 sold one week ago at .7912 avg., had bouts of nice equity this week, but last night's surprise high for Aussie employment hurt quite a bit. Plus, gold has backed up some since I started the trade, but without much negative effect on AUS, contrary to my premise. For above...
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    Aud/usd

    I agree with you. The classic driver for gold is inflation -- actual, risk of, and/or fear of. That calls into question the reasons de jour the media gives (which you cite).
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    Aud/usd

    Continuing the exposition of my short AUS trade -- which, directionally, is gold bearish. If you're bullish gold, you may be in a herd: ________________________________________ Dec. 4 (Bloomberg) -- Gold may rise for a third straight week on speculation a slowing U.S. economy will erode...
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    Aud/usd

    So far, so good. Today saw about 80 percent of the upward price action I foresaw for my short entries, resulting in four shorts filled (out of five in the set up). Sold at .7912 avg in. I finish the day above water on each of the four. Looking for .7800 and better. Could see it within two...
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    Aud/usd

    No metals hedge. I factor gold into the set-up b/c of its importance to price action in the currency. The currency trade gives me all of the risk/reward I want. I'm not looking to insure the trade. I wouldn't initiate it if I was.
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    Aud/usd

    For now, gold has little to resist from here to the 690/700 range, meaning AUS front month future should pierce .7900 with conviction. I'll short the AUS front month at .7900 and better, averaging in up to five contracts from .7900 to .7930. Those prices should obtain today (Europe Friday) or...
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    Majors by year's end

    My last trade -- USD over Yen -- and the reason for it are so fried that I don't have anything to offer by way of comment. Cheers to the dollar shorts who've caught this startling move.
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    Majors by year's end

    I'm selling front month YEN futures this session at 8504 to 8516, up to three. Nikkei 225 loss yesterday, putatively on fear of USA slowdown, is supposed signal YEN strength -- i.e., slowdown means FED rate cut. I don't see that, and I see another reason for Japenese equities' retreat. And I...
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    Interest Rates for the coming months...

    Bumping this one because I'd like to read more replies.
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    Lost half of my years salary in a week!

    Verpitude?
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    Lost half of my years salary in a week!

    Pithy, droll. Later posts in this thread identify some resources the thread starter might use for possible redress. I mention that because the thread starter says he is in the military. The military, as I understand it, has folks who can look into this kind of financial scam -- if it is...
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    Lost half of my years salary in a week!

    Surely you can't be serious? I know, don't call you Shirley. Sure you're not having one on us?
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    Lost half of my years salary in a week!

    Some or much of what you've said below is so preposterous that I wonder if you're not putting us on. If you're not -- not putting us on, I mean -- then you are much too inexperienced and more than a little too naive to be risking your money in anything other than a passbook savings account.
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    Lost half of my years salary in a week!

    The above is entirely accurate. To spare others who might make the same or similar mistake, you might want to describe how you were enticed into the predicament. For instance, you mention a "moderator" of a web board or forum. Which board or forum and what was the pitch? Did you check the...
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    Majors by year's end

    Toast.
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