You are correct on all counts... — I remember when I said Oil would be at 100/bbl by years end.

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Guys...Gals... — Read Wade's post: url It's a quick read and very informative. If you like it - agree or disagree - please vote. Thanks. Mike

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Headed South... I don't mean Alabama... I mean Argentina — If you pull up a monthly chart you'll see 61.8 of the last long term move is near .3320. From a longer term perspective we will move there in the next couple of months if not sooner. ...

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Well... — I was close. Good enough for government work. m

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Hmmmm. — The problem with fundamental analysis is the number of variables that one has to account for. Have you ever noticed that when a move can't be explained fundamentally everyone has an explanation for it? You know what they say about ...

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We are sitting at S3. — It feels like it wants to go lower but tread cautiously. If S3 breaks we move should move to .3450. If it holds... well... then it holds.

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Listen... — That's a great day for anyone. m

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Everything you said is correct... — Agree.

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I wish... — There were no demo accounts back it the day when I was trading equities. And you weren't trading mini accounts either. m

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Yep... — I learned a similar lesson back in the equity days. You can lose a lot of money very fast without MM and a solid SL strategy. Mike

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Not sure this will help but... — I lost 30k once is under a minute. m

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Hmmm... — Aren't too many things in life that work overnight. Rescued the dollar on this pair. m

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Very nice. — Great job. m

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By the way... — I have S3 at .3472. Will she hold?

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I would disagree... — On this forum... an equity trader with your knowledge and background qualifies you as an expert. Fellow traders... this guys a former wall street trader with skills. Don't be fooled by his humility... I watch his posts ...

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Hello Sir. — How are you? m

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Correct. — Price was below the PP and the major trend is down. Yes - I always trade off the 1 min chart and watch the pivots on the 15 min chart. If it doesn't retrace - fast moving market - then I missed a trade. Capital preservation comes ...

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1 Minute Chart — One minute chart below with psych levels and nothing else. .3800 level holds to the PIP. Price comes all the way back to .3850. (To the PIP again... that's a lot of coincidence) Sure it is... can you say black box? Moving ...

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I hope you return soon... — One of the top traders on the thread. Mike

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He's new... — Forgive and forget... I guess.

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