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[quote][i]Originally posted by Dan[/i] I did quite a bit of reading up on cfd's last night and now have a good understanding of what cfd's are and all about things like margin and that. I watched a few YouTube videos of technical analysis, I cant link the video as I'm on iPhone and was looking on iPad. But the guy was looking at a graph of a share price, and explaining how he decides what to buy at and what price to sell at. Basically he was looking at the 6 month lows, there's was around 3 all at say 1 per share. Then there was 3 peaks after the lows of say 2 per share. He was saying he would only ever buy at the low of 1 and sell just below the 2. Is that a method Alot of people use? When I had a glance over a few shares very few had a similar pattern, so I assume it doesn't work in most cases. It's really really interesting though. Shows another side to how the world really revolves. [/quote]
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