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- chiknthief replied Sep 26, 2012
Learn to love boring markets. They give you plenty of time to plot your strategy. Everybody knows boring markets turn into explosive markets. Trading is 80% pure boredom, 10% anxiety, and 10% pure hell.
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- chiknthief replied Sep 26, 2012
Here is a daily MAC chart with weekly MAC (dashed lines) and monthly MAC (solid lines) added to the chart for comparison purposes. You can see we're clearly at support right now. (daily red line/weekly green line at about the same price) 'IF' PA ...
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- chiknthief replied Sep 26, 2012
Monthly PA still stuck in the 21 MAC. When it BUSTS out - its gonna be B-I-G !!!
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- chiknthief replied Sep 26, 2012
The BIG picture : The AUD COT is still in a very bearish setup. So was the USD. The USD already tanked and the AUD hardly went anywhere. NOW, as of last weeks COT numbers the USD has changed from very bearish to its most BULLISH positioning in the ...
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- chiknthief replied Sep 25, 2012
This board reflects the market - very quiet !!!
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- chiknthief replied Sep 24, 2012
The market is boring today. That means its time to get excited. Boring markets bring us exciting markets. Be patient, the fireworks will soon begin. Put in your orders.
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- chiknthief replied Sep 23, 2012
Works good on all TF's. I prefer to use the 60m after the daily PA retraces back to the 21MAC for short term timing. Looking for some type of 60m reversal at the daily MAC channel. hammer etc. etc.
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- chiknthief replied Sep 21, 2012
Another thing to pay close attention to is when prices move from one side of the MAC to the other - you want to see follow through. Sometimes it'll go through the MAC and immediately reverse or stall out for a few bars, In that case you want to ...
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- chiknthief replied Sep 21, 2012
When prices are above the MAC green line it is bullish. When prices are below the MAC red line it is bearish. When prices are between the red and green lines it is neutral, Go long when prices go above the green line and go short when prices go ...
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- chiknthief replied Sep 21, 2012
We're in CRITICAL TERRITORY. Gold broke the trendline but NOW will it hold or reverse ??? The million dollar question.
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- chiknthief replied Sep 21, 2012
Manipulation — GOLD - Must be a slow day. Somebody decided to RUN some STOPS, it appears.
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- chiknthief replied Sep 21, 2012
Rocket science — Some folks want to make things complicated and difficult. So complicated, in fact, that its almost impossible to trade much less even understand. THIS AINT ROCKET SCIENCE !!! Keep It Simple Stupid ( KISS) Find a system that ...
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- chiknthief replied Sep 21, 2012
Its still a BULL market UNTIL it closes BELOW the red line.

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- chiknthief replied Sep 21, 2012
KISS — I trade the KISS method (Keep It Simple Stupid) My daily and weekly MAC (green and red lines) contained the sell off beautifully. The 50 MA's (turquoise line) on both weekly and daily are pointing UP. Its still a BULL market, folks. BUY ...
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- chiknthief replied Sep 19, 2012
Fundamentally BOTH the AUD and the USD are very BEARISH according to the COT. But here's the caveat : In forex, we're trading only the spread between the two currencies. BOTH currencies can go in the TANK and the spread (forex pair) can remain in a ...
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- chiknthief replied Sep 19, 2012
Its been a slow crawl so far. But I think momentum is winding up tight, soon to be unleashed.
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- chiknthief replied Sep 19, 2012
Even the H1 21 MAC gave us some great sell signals. (bold white vertical lines) Now its trying to turn back up.
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- chiknthief replied Sep 19, 2012
DAILY = Bullish .................... Staying above the 21 MAC and the 50 MA still pointing up
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- chiknthief replied Sep 19, 2012
WEEKLY = bullish................. Above 21 MAC and 50 MA pointing UP
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