Confused — You say that and then you say you want NB set-ups. I suppose explaining the difference between SMA's and WMA's didn't increase your knowledge since your response was "huh". Everything that is posted in this thread is for the benefit ...

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Hey Cisco — Moving averages are some of the few indicators out there that have any value. In the end they are still bringing our attention to S & R areas. And of course as you pointed out they can be dynamic points of support and resistance ...

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"NB or not NB" — or we could change the name of the thread to "Traders with no Brains" Then I would feel more at home, LOL One of the drawbacks to forums is thoughts and strategies can get strung out and disorganized especially as ...

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Price Action — J16 thread has some very useful info on price action. EW and 123's(which is taking a part of EW action and zooming in) can be more subjective. Contertrend trades are always risky but they definately should be approached with a ...

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and the pizza? — The reason Dominoes Pizza's logo (the Domino) has 2 dots on one side and 1 dot on the other is because the man who founded Domino's Pizza, Tom Monaghan, went bankrupt twice before he succeeded once.

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Trading on Skype — Glad to hear you guys are doing well. If you can get the Skype thing to work out then good for you. I tried it for awhile but didn't get much interaction. I had 15+ people sign up but I felt like I was doing all the work. ...

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Well said — It's not how many times we fall down but how many times we get up that make the difference! Does anybody know why the Dominoes Pizza "domino" has 2 dots on one side and 1 dot on the other?

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"and another thing...." — Just thought I would throw this out there for anyone new to trading. You may look at some of these trades and say, "Well how is it that some of these trades are good for 20,30 or 40 pips or so and then they ...

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A Good Read-- Trading in the Zone — Mark Douglas makes some good points about trading mentality. He borders a bit much on the metaphysical for my tastes but he does make some valid points. One thing I have learned, successful trading is ...

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You are correct. Billy straightened me out. — read all about it in post 74

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Patience pays dividends — Glad you got on board. To get the good moves you have to wait out the consolidation. Which means you have to have confidence in your analysis. That's why support and resistance are soooo important! I only say that for ...

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What do you think about this one, Billy Ray? — This guy says he averages 250 trades in a 6 and 1/2 hour session. Can you say scalper? video

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Do I have this right? — Buy UJ on a bounce in the 104.00 area. Sell the Aussie. We expect the Aussie to bounce alittle higher (maybe .95 at best before a good run down) Usd/Chf to go down from a rejection of 1.0600 area. Or have these pairs ...

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And do they know where Jimmy Hoffa is? — or Jim Morrison?

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Really? Tell me more. — So what was your biggest takeaway from that experience?

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I agree — No I'm not a fan of ascending and descending trendlines either. I have been burned in situations just like what you described!. I was basing the set up on the horizontal support and resistance.

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Thanks for the feed back! — My price alerts are set! (7730-7750) I was forwarded an email last week that Citi Bank sold the Kiwi around 7775 with a SL at 8050 and a target of 7385. That does line up with what you said. Thanks again!

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Thanks again Billy — It's has been long over due. A thread that get's us back to basics.This is my new home. I mean .... uh ....that is ...if I can stay. uh can I?

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"Do ya feel lucky? ... Well do ya?" — I 'm looking for a break to the downside. The beast (GBPJPY) may be rolling over!

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Kiwi Anyone? — Just a small one for dessert!

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