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August 4th, 2008

Divergence Decisions

The subject of divergence is one that we will approach with the utmost caution. We hope we have made ourselves clear in the other volumes of this course that we have little regard for oscillators and indicators when such “tools” are used indiscriminately, or used as a mechanical way to trade. However, when used intelligently, with full understanding of what and how they are constructed, and with knowledge as to when they will be accurate and when they will be misleading, we are not against the use of such tools.

Divergence is a topic that has been hotly debated over the years. An indicator can be divergent from prices for much longer than proponents of its use may care to admit. Yet if used intelligently, divergence can be a useful tool. Our advice is to learn to use it at appropriate times, and perhaps with a few other measurements that will tend to confirm its validity.

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July 28th, 2008

5 13 62 Moving Averages

Since the dawn of time man has sought ways to more easily provide for himself and his family. And women too, of course! Evolution has always been an equal-opportunity extinction
machine.

Somewhere along the way, humankind overcomplicated the struggle for survival. We invented jobs, and bosses, and weekly paychecks. Worse yet, we invented meetings, annual reviews, copy machines, bookkeeping, cubicles, and voice mail.

Then we invented Prosac and Lipitor and Viagra because, somewhere along the way, our bodies decided that if we didn’t give them a rest they would start shutting down essential functions.

This ebook is my attempt to teach you that you don’t have to take a pill in order to be a great trader. You just need to focus on some simple tools.

But first we need to talk about something totally separate from trading.

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July 26th, 2008

Why FOREX trading is quickly becoming one of the investing world’s hottest, most rewarding opportunities. And, why it’s our chosen ‘Ideal Business.’

As ambitious, hungry, time freedom-driven entrepreneurs ourselves, before we were introduced to the concept of Trading-For-a-Living, we had the pleasure of reviewing and seeing IN ACTION hundreds of home business plans, profit-making ideas, and ways to earn a decent income outside of a J-O-B.

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SIDENOTE: while we realize the majority of you reading this know J-O-B stands for “Just Over Broke” and that you’ll never become wealthy working one forever; and while we understand you’re already determined to live your dreams and reach a level of REAL financial independence and Freedom, we still want you to know that it’s NOT just all about money — it’s about quality of life. It’s about time freedom and self-reliance. It’s about families. It’s about being able to life a live where you can achieve your recurring daydreams.
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We feel FOREX Trading allows you to live the life you’ve always wanted more so than any other income vehicle. It, in our opinion, is indeed “The World’s Most Powerful Home-based Business”. But, more than just analyzing them, we’ve been a part of quite a few (i.e., Direct Sales, delivery business, Real Estate, marketing consulting, risky investments, etc.). And from meeting with, interviewing, hearing about others in business, studying industries with intensity and/or reading about all the different “gurus of the moment”, we have come to find a few SIMPLE truths: