They should have cut. — Trichet should have said - "Sorry, the June hike was a mistake, I'm cutting now to remedy that error." Instead - He uses inflation as an excuse for incompetence. Result: Without a cut soon the recession turns into a ...

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Intra-Session Trend line — Trend line on the 15 min chart. The majority of day traders I know use the 15 min chart for set ups and either the 5 or the 1 to trade. I would not play a break north but many will. Mike

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Yeah... — and the few others making money.

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Hey... — Your shorts and my short are in the same camp... soiled.

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In my shorts... — Mexican for dinner... damn those beans.

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More from the dollar bear camp... wait... — Holly cow... These guys have changed their tune? They been talking down the dollar for months. url The comments on the above post are great also. Lesson: Trade what you see... not what you believe.

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He's a dollar bear.... — He's on the dollar bear parade - a parade without any floats at the moment. He was buying 500 PIPS ago. Transparency... everywhere I say. Have you ever seen a screen shot from any of these self proclaimed super trader ...

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True... however... — As long as price respects pivots and psyches - it still works. I'll try to get off my azz and create some new videos. Mike

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Is that the system you use? — Do you use it exclusively?

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It is... — It's very time consuming. I doubt I can post videos nightly but I'll see what I can do. Mike PS - Thanks for the compliments.

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Sure. — I've been trading with pivots and psyches for about 3 years. Prior to that... you name it I've tried it... and failed. I've been trading for a decade... equities then currencies. Mike

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Sure. — url Watch the video Pivot Point System. Then watch the videos for each month. It won't take long to get the feel of the system. Mike

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You have to have dreams and goals... — Good Luck. Mike

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Very true... — He didn't make his first billion until he was in his mid thirties. You got time.

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Yeah... — It's not debatable. There are no GURUS on this site... there are some solid traders with great strategies that give their time and analysis freely... psiholog is one of them. You want a guru... here he is: url 5+ years with monthly ...

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Chaos... — I'd be flat. m

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Different Methods. — Yes... the yellow dotted lines are psych levels. Intra-day or intra-session trend lines --> open a 15 minute chart and watch price for a month or two. They will jump off the chart in no time at all. You aren't bothering ...

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My trades today... — Here's a screen print of my trades. A whopping 19 PIPS. The worst day this week and I'm happy. Weekly total around 90... not going to win any PIP awards... but my max drawdown last month was 20 PIPS. This week... 9 ...

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That's my favorite show... — Those guys are great traders. All of them own hedge funds or are professional traders. The moderator guy is awesome - he has a gift of explaining things so even I can understand them. He broke down mortgage backed ...

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Not Sure... — I'd ask him... not sure how he's trading. Maybe he's combining weekly pivots with daily pivots. Good Question. Check out the attached chart. So - if price isn't strong enough to make it to the PP - you should be thinking sell. ...

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