I like this post. A lot. Clockwork

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You are taking a trade on a minor area, that's why it's only obvious on daily, and not weekly. This trade is a grade "B" trade for me.....not horrible, but not my favorite kind. However, you are with the overall trend, and that's what will probably ...

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Odd, I have never had someone tell me they we only calm while in a trade. Normally it's the other way around. To be honest, I think you should read what you wrote several times, and ask yourself some serious questions. I know that if I lost 10% on ...

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Like S/R lines, I feel the only ones that truly matter are on the weekly chart. It needs to be dead obvious as well. You are right, I don't focus as much on trend lines. I do actually, but that comes in a bit...... I would say that your daily lines ...

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Jigsaw brings up some really valid points here. Forex is not a way to make a living unless you have serious bank behind you. If you make 3% a month, which is pretty decent..... A 100,000 USD account only makes you 3,000 USD a month to live on. Oh, ...

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Some charts in 2 time frames. — Below are three charts. One is the weekly EUR/CHF and two are 4 hour ones. All have notes attached to them. This post is more about perspective.....and seeing the bigger picture. Check these out, I think they ...

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This will come in time. I want to really pound some basics in everyone's head at first. However, it's all based on price action......with a few twists. I warn you though: If you plan on trading for a living using this method, you are still going to ...

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No, this looks good. Summed up nicely. Clockwork

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I know this seems ridiculous, but it really will respect levels many, many years later. If you pull up charts and look, it shows up. It's called "market memory". This is one of those "I don't know exactly why it happens, it just does." But remember, ...

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In the future, turn off the grid lines....it will make it a little easier to see. But from what I can tell, you are pretty much on the money. I would suggest using round numbers only. (understanding that it's a ZONE, not an exact pip line.) Clockwork ...

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Nightly homework. — While you are waiting for a good trade set up, I suggest you do something nightly....It will give you years of experience in a short amount of time. One way to think of it: If the average trader looks for support and ...

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Another example. — Mini Gold....April 09 contract.

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Other places. — Let us not forget the stock market. I firmly believe that the stock markets are where it's at lately. However, you have to be able to short stocks as well to make money these days. I have been doing well shorting lately.... ...

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Only in so much as it's better for you.....we all see the market a little differently. It's about how you perceive things. I love Janet too! Greatest movie.

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Practice, practice, practice. — One thing I did when I started to become serious about this business was to practice. I practiced on Forex Tester a lot. (A great investment if you ask me.) I also practiced identifying support and resistance. ...

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Not all areas are equal. — You need to know that not all support and resistance areas truly matter. Anyone can pull up a 15 minute chart and start drawing support and resistance areas, but do all of them mean anything in the big picture? ...

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There is nothing new. — One issue all musicians seem to run into is the idea of being "original". It's not really an easy thing to accomplish to be honest. I spent so much time worrying about being "different", that it became a little bit of ...

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Perspective. (Quality vs. Quantity.) — The biggest trick with trading Forex is that we are lead into it thinking about all the riches just waiting to be picked up. What most of us hear all too late in the game is that there are simply times ...

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I laughed out loud......nice!

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The silent part. — As far as news is concerned, I have several issues. I have tried to grasp it's importance and effect on price, and have failed. Luckily for me, it's profits that matter, and not understanding. (This is why perhaps most of ...

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