Some of you may have already heard of candlecharts. Probably, many more of you have not. In December 1989, I wrote an introductory article on candlesticks that precipitated an immediate groundswell of interest. It turned out that I was one of the few Americans familiar 
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The truth about Fibonacci levels is that they are useful (like all trading indicators). They do not work as a standalone system of trading and they are certainly not the “holy grail”, but can be a very effective component of your trading strategy. But who 
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Trading is a business in which the more knowledgeable have the advantage over the less knowledgeable. It’s a shame that most traders end up spending countless hours and dollars searching for and acquiring the wrong kind of knowledge. Unfortunately, there is a ton of misinformation 
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I believe that success in the Futures markets is achieved thru the disciplined practice of simple and common methods. Using some previously undocumented techniques, this manual describes a simple but effective method of trading a well known price pattern referred to as a “Symmetrical Triangle”. 
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The goal of any trader is to turn profits on a regular basis, yet so few people ever really make consistent money as traders. What accounts for the small percentage of traders who are consistently successful? To me, the determining factor is psychological—the consistent winners 
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Take two traders. Give them the same starting capital, the same trading platform, the same market, and the same trading system with precise rules for entry and exit. Come back a month late and what will you find? One trader will be up 20%. The 
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The Non Farm Payroll Report is released (generally) on the first Friday of the month at 8:30am Eastern US Time, and it contains information on the employment situation in the United States. A strong Non Farm Payroll number reflects a robust, growing economy. A weak 
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The stock market has traditionally received the lion’s share of attention in the trading industry, but foreign currency (forex) trading has surged in recent years. Forex’s 24-hour access, liquidity and high leverage has attracted many active traders. Intraday traders can respond immediately to breaking news 
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“Money alone sets all the world in motion.” Pubilius Syrus Maxims 1st century BC Most people dream of being totally independent and self-sufficient financially. These people spend millions of pounds on lottery tickets, hoping to be the lucky one to scoop the jackpot. There is 
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Unfortunately, most forex traders lose out. Profitable trading is reserved for the select few. Expectations drive reality for many things in life, and successful trading is no different. Most forex traders have three preconceptions about successful trading. These are the three myths of successful trading, 
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