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mfoste1 replied Jul 20, 2011hey bro hope ur well! I think it is literally 50/50 long/short probability. Anythng can happen at this point. Its pretty obviuous by pa that the market is very very confused at this point. best to wait for volume confirmation of directional bias. ...
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mfoste1 replied Jul 17, 2011uhh its because either no one is trading, or buy/sell stops are too far away, or perfect liquidity.
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mfoste1 replied Jul 14, 2011crazy stuff goin on. its a risk off scenario, but the risk lies in USD. Looks like traders are looking for quality like chf, jpy, gold, silver
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mfoste1 replied Jul 13, 2011looking for a monthly mean rejection at 4288....i would be very careful shorting before then, if youre selling rallies. Also selling NZD rallies towards 86
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mfoste1 replied Jul 11, 2011I used to overtrade, then I changed to longer TF
Over trading, is it a problem for you?
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mfoste1 replied Jul 11, 2011Dont fight warranted selloffs. wait for the ST trend to change then get long on a retracement. top and bottom picking is for schmucks IMO. However on my 8H chart we will have done 3 standard devs at 3924, but like i said top and bottom picking is ...
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mfoste1 replied Jul 11, 2011Hell, even I can tell you. In the medium run, the concept of money(additional liquidity) is neutral, meaning that employment CANNOT be boosted. This is why: as addtional liquidity is introduced, it raises the markup prices for businesses. So if ...
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mfoste1 replied Jul 11, 2011haha no thats a ways away. im saying we could close below 3906. That would greatly cause LT bulls to throw in the towel, causing liquidation.
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mfoste1 replied Jul 11, 2011he is well educated, and he knows exactly what is going on. He is not pulling the strings. Think of him as a puppet and the banks as the creepy guy holding the strings.
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mfoste1 replied Jul 11, 2011a close below 3906(200dma) would bring trouble that you speak of. It certainly looks to be in the cards today. Btw gator, you been watching copper?
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mfoste1 replied Jul 11, 2011yea, its called the collapse of 11' but it wont be televised or in your daily newspaper
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mfoste1 replied Jul 11, 2011so let me get this straight....banks laying off in the thousands,global manufacturing slowing, bank solvency issues, govt debt issues, other companies laying off etc. this sounds a lot like 08, only worse

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