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scottszone replied Jul 29, 2015Textbook answer is rate hike raises dollar, rate cut lowers dollar. But a rate hike is not a black and white issue if raising it hurts the overall economy. If money gets too expensive it causes an economic contraction, stock market drops, ...
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scottszone replied Jul 29, 2015The puppet master is very good at keeping our eyes on the puppets
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scottszone replied Jul 29, 2015Maybe this is obvious, but if you ride the morning swings with longs and shorts it puts you in position for the breakouts
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scottszone replied Jul 29, 2015Trusting your leaders to tell the truth can cost a lot of pips, skepticism is profitable in the market more often than not.
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scottszone replied Jul 29, 2015I think he means don't waste time trying to enter and exit on absolute highs and lows, getting in or out within a few pips is lower risk and higher probability of return. The tops and bottoms are where reversals happen. Don't be overcommitment to an ...
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scottszone replied Jul 29, 2015Yes, it exposes our errors and weaknesses so that we can self correct.

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scottszone replied Jul 29, 2015There is no trading without wining and losing. Break even is losing with zero risk + lost time.
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scottszone replied Jul 29, 2015Lol, if you are a winner, don't mess with your game. Never risk more than you are willing to lose. This method is for consistent losers and is an education in market dynamics and trade psychology.
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scottszone replied Jul 29, 2015There is no stability in consistently losing. If a winner, then disregard.
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scottszone replied Jul 29, 2015If you are consistently losing money in the market try this: Every time you feel the impulse to buy, then sell. Every time you feel the impulse to sell, then buy. Do not risk more than you are willing to lose. Watch what happens, it will improve ...
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scottszone replied Jul 29, 2015No worries, testing my intuition and watching the hidden hand. Many mistake the doctor for the patient.
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scottszone replied Jul 29, 2015Money to be made from anticipating general price directions. The s/r levels are obvious.
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