Haha. He's a cool guy, he seems to do alright. But I don't think we're too similar in how we trade. Then again I could be mistaken, I haven't actually talked to him much about it.

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Who's GD? That doesn't really sound like what I do though. Low risk over larger moves is what I aim for.

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Too much risk to just short it with a stop above the top. I'm thinking maybe a 10 pip risk, 12 with the spread. Could be lower if I'm patient (and awake).

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You should read "Reminisces of a Stock Operator." Tips are bad for you.

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This is what we're bouncing from today. I admit it will be able to hold up price for a bit but given recent engulfs and how price has created opportunity areas on the way down, I don't think it'll be the source of any sustained upward move again.

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Still in the long camp? I can't see why.

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Always 20/20. I haven't had an opportunity to go short quite yet, but I see a setup or two that might allow entry.

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It was, two days ago.

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Okay.

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I think it's amazing how the people screaming long have disappeared.

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EU just not moving much. Swissy has the potential to drop a setup soon though...

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Thank you for this information, no inconvenience at all. Very on topic.

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Yes. My thoughts are that there's never been a better candidate for my ignore list. So while you continue to nag like you're our mother, I'm going to post whatever I well please until told otherwise by FF administration. They are in charge here, not ...

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Fair enough.

Do you think statistics work in trading?

I'm not trying to pick on you or anything like that, but I still have a few things to say here. Intelligence has little to do with it. I know there are many very intelligent people, with IQs probably in the 140+ range, who would never get this game ...

Do you think statistics work in trading?

How is that at all helpful? In one line you tell people that they need to "develop a system" and in the next that they need to "look forward". How does one develop a strategy by only watching the hard right edge of price? Learning from the past is ...

Do you think statistics work in trading?

Completely agree. Sleep well friend.

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You know, the truth is the impact level really isn't a valid measure of whether or not someone is a successful trader to be learned from. But I would hazard a guess that the bold part of your quote is the reason you're still struggling as much as ...

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It'll continue moving down over the next day or two. I rarely ever post my actual analysis anymore though. I come here for entertainment and to provide a few hints here for those who are still stuck in indicatorland.

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Kranler isn't doing too well I'm afraid. Kanzler is fine though.

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