also you haven't factored in losses... not all those trades will be winners... so will take longer... depends on how you look at it... its possible but as someone above said you gotta know what you're doing.. many people trade to become rich ...

Can you honestly earn a good living or even get rich through forex?

this... basically nothing is happening and we wait for some kind of real move to take place...

Spider's Den

wow... there is an easier way to trade i can assure you! as mentioned before this is still difficult for me to understand.. i would however like to ask you a question: from current market and your ...

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interesting perspective you have on the markets CM... I respect that but this technique is not something my mind can understand, therefore accept... I have never known fundy's to give entries or exits on the fx markets... where should stops go? so ...

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Probably even higher if this 3266 holds

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there is much more to it.. but looking from a naked chart its simple to see where the support lies... i dont deny a move to 3426... above and we can continue to look for more upmove but this does not mean to say that it won't retrace down to 3292 ...

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imo after some analysis... 3266 is the make or break level - this should hold for a move higher.. if it breaks then i believe we will head back to the 1.30 level possibly more... EDIT: i meant 3266 as per chart... sorry just changed now

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3426 next IMO. We will get bounces off 3320-3340.. But I think up first then down. Over 3426 and will have to reanalyse. I wouldn't be surprised if we went below 1.30. Market is not kind and will collect stops before heading up again.

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if my assumption is correct we can see down to 3185 next week... 3365 was penetrated so is vunerable for a break.

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So... currently resistance for upside break is 1.3444 and below support for break is 1.3356 which will lead to 1.3317... probably safer to start weekend now than to watch paint dry

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now 3365 is the one to look for.. below that the last one is 3330... if gone then the rectangular box is a cluster zone which is done imo - so price will probably drop through that zone to 3140... 3365 and 3330..

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Tweezers?? I am not familiar with this term

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So 3560 next eventually if we see a clear break. And 3494 held..

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3475 is better.. i expect 3478 to get hit but... 3494 hasn't broken so if the channel upside breaks then 3560.. in fact its happening now as i write now this 3523 level is important for 3478 to hit in the near term.. must not break

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below 3494 - 3480 will be next... but this is war zone... and the winner could be anybody at this point...

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3494, 3480 and 3440 are the ones i am looking for here.. currently above 3530 then we got 3560, 3574, 3590 up to 3628... 3458 is very important - it'll lead the way to 3414 and 3365...

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Still on track. 3399 if momentum picks up.3365 will break bulls ego.. Having given up spot feels great I have to say and analysis is now so much more clear

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3592 hit... next is 3475... maybe up then down first... EDIT: 1.3513 may be show stopper in the short term.. perhaps today or tomorrow

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right on... my account manager today told me they had a client who turned £6k into £6 million in 8 months... they couldnt figure him out... was never interested in talking to the brokers for a meet up - what his vision was on the markets... lived in ...

What would you do with a Billion Dollar Forex Account?

Ditto Buddy its all good as long as you learn to balance it out... thats what i am trying to do more than anything... balance out life - and that means giving up spot and changing tactics... so far 3710 holding.... i expect it won't get ...

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