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Making money is tough enough without throwing it away on trades that take a wrong turn.
Trading a break of a trend line is one of the oldest technical trading methods around.
Is the resource boom over in the Australian market? The press is full of stories saying strong Chinese demand for raw materials will drive the prices of commodities up forever!
We saw a strong jobs report in the US on Monday which started the week on a positive note before a huge triple-digit fall on the DOW on Tuesday.
We are currently seeing divergence in the metals outlook. Again this is symptomatic of cycle tops.
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