Posted on 22 July 2011.
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@Tankamon100 very true, price action is beautiful keep it simple, i tend to use 5 minute rather then the 1 minute
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@lemryan1 hi, the best time frame is 1 minute and price action, you will make a lot piles of money
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Guys think seriously
And listen only way you make money nowadays if you place your trade by yourself..
But the problem comes either with your confidence or with less knowledge ..
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Good information for beginner.
Sorry forex7trading, that message was for utube2344 but it didn’t reply
@urouk it could plunge down 44% meaning you lose your cash, and with in 10 mins it could go back up to but if you have lost all your money within the 1st 44% then of course you ar enot gonna make any money as they have lost it
Sorry but you are a complete idiot, reason people say something is a scam, is because they end up losing money and before anything they end up making a website saying so and so is a scam, scam this, i got scammed out for 5,000k maybe there are scammers out there, but not everything is a scam, if they lose money in the market bussiness it is there own fault. No one has held a gun to anyones head saying PUT all your money on so n so.. they maybe put there money on something and within 2 mins
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Very informating vid, btw i think my free robot will be good for novice traders.
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@utube2344 Excuse me for butting in. I don`t think trading/ spread betting is a scam at all. The market does not tell lies. It can be brutal, but it is perfectly honest. Spread betting companies make their money the moment you place your bet – from the spread ( as I`m sure you`ll know ). The market doesn`t care whether you make a mint, or lose one. Scammers invariably do care !
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@lemryan1 actually I went on a website which highlights scams on the internet and forex was in the top 10 list. If this was legitimate and prosperous it would be greatly advertised in the media. I have no issues I dont like scams. These get rich quick schemes are obvious cons. Your a bunch of criminals preying on the ignorance and stupidity of western masses (particularly in the Unites States the dumbest developed country in the world)
@utube2344 i think the only reason you are saying this is that you obviously is a person with some issues. reading what you wrote it is very obvious that you do not have a mature enough mentality to become a good trader. so i do not think trading is your immediate problem.
this was one of the most informative videos i have watched since i started trading. i sincerely thank you. i am currently trading.
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Pin bars work very well in trending markets and even in range bound markets. They don’t work so great taken counter-trend, but from what I have seen Nial usually advises against counter-rend trading.
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