Chonchy, I made no such claim. What you are referring to was the system I used prior to the training under Dana years ago. I probably should update my profile. However, some parts of my system is very similar to his. My system, like most, works for ...

EURUSD

FIFO means "first in first out" The rest of the world makes no distinction. The U.S. brokers are lazy and want insurance from the feds that they won't lose one penny in any transaction. Institutions, however, can ignore the FIFO rule. It completely ...

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That is not true. I knew you were going to do this but I shared anyway. These charts have been shown in public before from traders other than Dana. All these indicators are available to anyone. No one persons has rights to these than anyone else. ...

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Right on. The cronyism has replaced capitalism here in the U.S. I'm referring to nanny government as their reasoning to control the people. I find it amazing that the rest of the world can do just fine without government intrusion, but the brokers ...

EURUSD

FxSolutions along with GFT Forex closed their U.S. operations because of the hassle with the feds and was taken over by GAIN the runs forex.com. I demo'd at FXSol but they eventually cut off the data feed. Anyway, I got this charting system when ...

EURUSD

Extracted Comment — I hate when the indicators all line up and then position, it turns on you. One of the cardinal rules is not to jump the gun but I still find myself doing it on on occasion. My gold MA crossed the LR but that just indicates ...

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Thank you so much. It makes total sense now. I thought I had to go out and get a weaver's loom but with that explanation, it is no longer necessary. Thanks again.

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Could you explain each line... It looks like you a got a weaver's loom going.

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Being a trader in the U.S., big mommy government will not allow us to trade like the rest of our international brothers. The FIFO and hedging rules have put us in a strong disadvantage. I never used to have to wait positions out but our nanny ...

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Yes, but like waves they go up and down whether the tide comes in or goes out. If it goes up another 30 pips, I'll be in the green and might possibly get out until and bottom has been established or buy in some more at 26xx.

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Since I'm already positioned, I hope the retrace has already begun but you could very well be right. There's no magic number when it comes to how long a trend will go.

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This daily trend of the EU has gone on for over 700+ pips. One would think it is time for a retrace of some kind.

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I could only take about 15 minutes of this. For one, although there are parallels in patterns, the stock market is so corrupt at the brokerage level, it has little to do with the currency market. That is not to say there is not corruption in forex ...

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You're a better man than I if you can figure out what the feds are doing... Maybe all countries will declare the year of Jubilee.

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fxtyrant, I do believe you can give a counter argument without going into a diatribe of name calling. If you disagree, give you point of view respectfully. By the way, I do agree with you regarding the central banks. And as for 'muppets'... I feel ...

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Simply because I didn't mention the means by which they channel the money to specific companies, does not change a thing. The Dow Jones is being artificially shored up as an emergency rescue plan where we are still feeling the effects of AIG and ...

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you got it...

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Now I can only speak for what's done in the U.S. but the federal reserve (U.S. central bank--privately owned) intervenes in the economy at a constant rate. What they are doing now is shoring up the Dow Jones through brokerage houses by infusing ...

EURUSD

I was hoping for that 50-60 bump last night but alas it didn't happen. Such is the nature of trading. What's going on you say? Here comes the speculation. My studies have convinced me that we, the retail market, make zero impact on currency but the ...

EURUSD

Since there is a lot of speculation on the site, I'll do a little of my own. If you look at the monthly chart say from 2008 to now, you definitely see a harmonic convergence (sorry for the math lingo) taking place. If it continues to follow the ...

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