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Synopsis

After a few bad trades in February, Merlin follows up his current EURUSD short which came though nicely to the downside. Money management is a sticky issue for many traders, so he walks you through how he is moving his stops down to help lock in profit, yet let it continue to drop. Later Don Dawson joins Merlin to talk about commodities and their impact on the current market. Dona had a Great call on copper last year which preceded a sharp market decline, is it a similar picture this time? Don also goes on to talk about how there is a massive disconnect in the correlations which have held up over the past few years, and as Don puts it “Something has to give!”