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Leonlorenzo replied Mar 10, 2010This makes no sense, the guy who had all his posts and journal deleted to protect his method is now back and giving pointers.

Don't misunderstand me, I've followed your stuff since 2008 and think your responsible for the most thought ...Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 9, 2010The longer one trades for the less effect good luck, or bad luck, will have on their profits and losses. In a trading context, the only time any kind of luck will make a big difference is if you are risking more than you should. This is tougher. If ...
Some lessons from the real world
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Leonlorenzo replied Mar 8, 2010I think that might be a waste of your time.
Some lessons from the real world
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Leonlorenzo replied Mar 7, 2010£5.80 for 1 pack of 20 cigarettes.
Pound is sinking, anyone accumulating pounds?
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Leonlorenzo replied Mar 6, 201020 Marlboro cost £5.80 (ish)
Pound is sinking, anyone accumulating pounds?
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Leonlorenzo replied Mar 6, 2010Recently Ive been thinking about writing a worthwhile addition to the forums content; an overview to the various approaches to take toward trading the forex market. Examples of individual headings would be: Technical Analysis, Fundamental analysis, ...
Price reaction to support and resistance
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Leonlorenzo replied Mar 5, 2010This is a done thread. I think that 95% of the money lost by the 95% ends up in the pockets of 95% of the 5% who are in actual fact less than 5% of market participants. What y'all think?
95% losers - Fact or Fiction?
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Leonlorenzo replied Mar 4, 2010I was actually taking the Micheal, and was going to continue on by asking more obvious questions with obvious answers. You seemed to enjoy teaching us something we already knew yesterday (1 lot is sold for every one bought). But, it seems the 'LG ...
Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 4, 2010Sorry, Ill PM you my primary and secondary schools address so you can send them a letter of complaint.
Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 3, 2010?? I think it must be time for bed.
Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 3, 2010Lol, who are you arguing with? You honestly seem to be trying to create a problem out of thin air. EDIT: Could you clarify the meaning of ST and LG for us please?
Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 3, 2010Yes for every buyer there must be a seller, price changes when someone agrees to trade at a worse price than the current one - the current one is an illusion created by charts. Something is only worth what someone is willing to pay. In other words, ...
Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 3, 2010Id say that the 1st buyers/sellers may be the most informed in some situations, but in others how informed one is makes no difference, price simply turns because the scales tip. If everyone has bought then price will drop with few sellers, it ...
Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 3, 2010I'm not sure who said it "Pick bottoms, smelly fingers", lol.

I'm not saying it's good or bad, whether I thought is was either would depend on how you were doing it. EDIT: And ofc It obviously doesn't really matter what I think. Thought ...Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 3, 2010Add to that maybe looking in to the institutions who do the most currency trading. Wiki shows: 1 Deutsche Bank 20.96% 2 UBS AG 14.58% 3 Barclays Capital 10.45% 4 Royal Bank of Scotland 8.19% 5 Citi 7.32% 6 JPMorgan 5.43% 7 HSBC 4.09% 8 Goldman Sachs ...
Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 3, 2010Lol, I mentioned something about memory a few posts back. My bad, I hope you accept my apology. Ill re-read the Pm's and get back to you. Leon
Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 3, 2010I'm not sure of the purpose of the Pm's you sent to me. You asked no questions and I'm unsure what kind of response you would like. I agree with one thing you have said... the use of vouches. I have asked for my vouches to be removed in the past and ...
Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 3, 2010Hi Scotty, intelligent post. Ive always considered an order-flow trader to be parasitic; sucking a little profit from an identifiable individual or group. If I had to ask for some kind of data it would be stops and options, bids and offers, the same ...
Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 2, 2010Oh, I take everything back Ive ever said. All I need to do is follow the trend (where is it? Have you seen it? Someone PM me before it ends please) and ill make my living. Last time I checked the overwhelming majority (circa 80%) of forex trades ...
Stating The Obvious and The Quest For Wisdom