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I'll admit my response was harsh. I suppose I was just tired. But honestly I think everyone has all the data they need. Oanda isn't the best, and they aren't the worst. People can make their decisions with what they have. I'm just saying don't you have anything better to do? Make money with...

IT'S NUMBER FOUR BECAUSE YOU GO ON AND ON AND ON AND ON AND ON. CLOSE YOUR FUCKING ACCOUNT AND MOVE ON! I HAVE NEVER MET SOMEONE SO RETARDED. "THEY CHEATED ME", "I THINK ILL GIVE THEM ONE MORE CHANCE". THIS IS MONTHS LATER. JUST GET OVER IT.

The players who pushed this up are having to liquidate their positions to shore up their balance sheets. The move up wasn't demand driven. Don't expect it to return to those heights unless the FED does something stupid like a 100 BP cut.

So we give up on capitalism and elect a socialist?

Didn't notice that till you pointed it out. Funny shit.

When scientists were researching what made up an atom people said that this was completely pointless and that there was no reason for us to be wasting money on this. It turns out the electron transformed the world economy. Just food for thought.

1 to 100 in a week would be ridiculous. Can you post a link. I want to check it out.

The younger guys perspective..... I've never bought something from RS in my life. I've been in one before when I wander in or something while I'm at the mall but usually by accident and I don't stay. In all seriousness RS doesn't have anything Best Buy doesn't and BB is so much more fun. I love...

That was entertaining.

Never used R4 or S4. But often times when all the others are broken I wonder where it will stop next. Are you positive on that formula?

I was asking what time you use to define a day. I am currently using 5 pm as well because it encapsulates all three trading sessions. They seem to work for me. I don't want to many lines though because then they don't hold as much significance. I may just do a study to find which TF holds true...

I'm curious why it doesn't matter what time frame you use or how you calculate them. I thought one of the reasons that PP were important was because everyone is looking at them, especially in fx. If everyone was looking at different levels how would that work?

Well does anyone want to tell me which ones they use?

Thats what I figured. My question is that if you agree on that what motive do they have to be shady? No reason to run stops if the break even on the trade either way.

My question is fairly simple. I have been using the PP from 5pm since I started. I had the impression these were the most commonly used and thus the most respected by the market. It seemed logical to me that these would be the best points because they would include all the data from the last...

You have to assume they hedge our trades. Its the only logical business model. If shitty firms like FXCM do it then I'm sure Oanda does.

The OP is probably someone from ET, because no matter how dumb this is it is creating a lot of traffic.

He said he made it playing poker. Although 2M is a lot to make through poker one of my good friends makes upwards of 70k a year.

Central Banks did not intercede. They had a plan to but it never reached their pre set mark.

I'm just curious what makes you a long term oil bull. The fact that new sources are being found and developed everyday. Or the fact that we already have more oil than we can use? Don't take that the wrong way. I'm really just trying to figure out how you can be bullish oil. IMO it was like every...