I know....let winners run.....but I have this chart, and I like it, even without rats and cheese and pirates...
AUD/USD uptrend appears to be resuming, maybe sorta. I'll start looking for a pullback if it stays above .9100.
Not only alive, buddy but now I have an army of misfits. I just ordered my coffin. Why? Just saw Robert Prechter's website and their $ quarter mil. per year salary hotshot currency analyst, Jim Martens put out the almost ditto chart to mine on EurUsd 60-min. analysis. There is a bright side - get free analysis from a fellow with just 3 jeans and 4 T-shirts or cough up $500 per month for their stuff. Either way the reward is DEATH? Article here ...... http://www.elliottwave.com/freeupda...-Forecast-Market-Moves-Before-They-Occur.aspx
Appreciate the straight answer, boss. Can you give me a similar straight answer about these next questions? From your experience, what is the actual figure for newbie failure rate? Is it really 95% or could it be just 50% or some even lower number? Exaggeration to just scare us off or real is what I'm getting at. Why do newbies come back for more punishment, bankroll after bankroll when we know already that the job is bloody hard, the stress can be high ....... ?
You're wrong, Sir. I am listening to every word these traders are saying. Given that ET is the #1 site for traders I'd be a fool to ignore good advice. But I've got to try my own method first, then if that fails I can go against my natural tendencies. As for your advice on Gold, you're abs right and got to congratulate you for being Long. Me? I missed the move, but mitigating circ. was Yen hldngs, but still not as good as your Long. But can you take this advice from a newbie? Sell 75% of your Long Gold and the rest on the 60-min. trendline break. You're playing with fire right now, dreaming about $2k+ Gold. Don't let this greed ruin all your profit. The first drop in gold could be a whopping $60-80 within seconds of topping. Top expected around $1106. See chart. All the best to you