I think Linuxser's post is of utmost importance. I ask myself, "Does History Repeat itself'?. It certainly does. Look at Simba's thread, and other good traders posts. They are not guessing "Where is the price going" If you follow the So-Called analyst's quotes and signals (Media), you'll probably wind up on the wrong side of the trade.

I took Van Tharp's trader's test. My weakness is following advice or signals. I keep Ken Wood's quote, "Trade The Damn Patterns" This quote is years old. It reminds me NOT to take advice. It proves true.

I also refer to Chris Lori's "Traders Psychology".

Another example: Why did Igor generate "Historical Price Indicator"?

In Forex trading, Are Ehlers and Dow wrong? I don't think so, because they understand Trader's Psychology.

I constantly hear Gold will be at $1500 in 2010, invest now! Maybe, however this is 2008.
Trade what you see, because you are trading against the market and traders on the other side of the market, and your broker. You need to be aware of instant news releases, Truth or Lies. You need to be ahead of the game.

1 more historical statistic. My Internet connection was down for 18 hours from Thursday night to Friday morning @ 10:00 AM. This is also a historical
statistic at my location.

Any advice I can give is read about Alexander Ehler, Van Tharp, and Charles Dow, and Chris Lori.

Thanks Linuxser, now were getting to the heart of trading.

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Not Everything that looks straight is: Until you measure it.