If you want to fail as a trader, study TA

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Quote from ProfLogic:

Yes I see . . . and stop calling me Shirley.
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Saith Afrikaan accint, maybe!

I sense that something isn't well (not you Prof) with one of our contributors, I hope he is OK.
 
Quote from ProfLogic:

... Why TE feels the need to ridicule direct questions without directly answering them is astonishing but understandable.
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Agreed, except that I don't find it "astonishing" at all ... :)
 
Quote from The Expert:

... TE, on the other hand, does not mind helping those who want to SEE, for, it is all about SEEING and DOING, not TALKING:eek: ... I have got a PM that I have to think about:)

TE
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Jimmy got a PM that has to think about ... :)
 
Quote from Mysteron:

I SEE that UK time is on the chart, thats interesting, but TE uses US spelling of color, very intriguing!

If the lines are drawn as the chart unfolds, and then later the price reverses at those levels, then that suggests to me that bigger market players/smart money or whatever you want to call it, have a interest in those levels. Therefore trades should be made in relation to the levels we see, as the chart unfolds in real time. More conventionally S/R and supply/demand. I'm not sure if I get the big picture though.
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MN,

They are charts with CFD account, which are not available in the US:eek:

It does not matter if I live in the US, Burkano Faso:D or the Black Hole of Calcutta, for, all that matters is making money, and, if you are not making money then it is time to stop and think about what the hell you are doing.

Shortly, I will be stopping any discussion about FX and going back to talking about US stocks, for, that is what I like most, and, as with everything in life, liking what you are doing is half the battle:cool:

I might even decide to leave this thread and start a new one, exclusively to talk about US Stock Daytrading, and NOTHING ELSE:)

TE & SBSP:D
 
Quote from ProfLogic:

Yes I see . . . and stop calling me Shirley.
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If you are/were a teacher, then I have a question for you.

What is the most important thing to know when you are teaching someone else, be they children or adults?
 
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