DC is the truth

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You thought the news moves markets — NOT the Daily NEWS There is a deeply ingrained belief that markets respond to News and hence whole tribes of journos are tasked with parsing the News each day to find something supportive of market moves ...

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Financial Market players divide into two groups: Predators and Prey. Prey in the markets are weak, indecisive, usually wrong and lose money consistently. They are followers of others; always searching for the next big thing and trying to live on ...

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DC turning points — Watch for these support/resistance numbers. Dan 12:12 Blessed is he that waiteth, and cometh to the thousand three hundred and five and thirty days.

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[quote=palabara;5911380] In choppy range bound markets thats good but in a trending market on a daily/weekly chart you leave lots of chips on the table jumping in and out. Let your profits run and cut the losses short.

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[quote=palabara;5911354] Koool, if you can make money jumping in and out every 5 minute bar, more power to ya. Everybody has differing definitions of short term trading. To some people an hour is a long time and to others a day or two is a short ...

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[quote=palabara;5911325] A long track record of more winners than losers. More than 50% = more than half winners. 50% = half winners/half losers in all your in and out stuff.

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Not sure how low it will go in the next few weeks BUT when the BULL comes back its gonna be good.

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Hope no crazy shooter goes to that theater.

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[quote=palabara;5911312] More than 50/50.

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Thanx DB !!! Keep the cartoons rolling.

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[quote=palabara;5911294]two reply to both. doing in and out.. I collect a lot of pips at quicker periods with less risk. DB the mistake for me would be to jump in without finding a proper entry.[/quo Its hard to make quik in and out pips when you're ...

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Had to go to Arizona. Rodeo bull rider.

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BIG MOVE - the bear cycle seasonal is still alive. The in and out every 5 -15 minute crowd always gets burned.

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Comparative strength----in 'stand alone' Dollar Index futures it shows an overall long term bull market in the USD vs a long term bear market is the 'stand alone' CAD futures. But you do not see this in the USD/CAD forex cross. Just thought it was ...

USD/CAD

Interesting Comparison — Interesting Comparison - USD futures, CAD futures vs forex USD/CAD weekly charts. Sure paints differing pictures.

USD/CAD

There's also a KICK UP cycle/seasonal right now in the US Dollar. This is very supportive of the KICK DOWN phase in the AUD now. Sell rallies for the next few weeks. I know this must chap some hides around here with me saying things you do not wanna ...

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Me guarantee ??? Not a chance. The AUD is still arguably in a LT bull market. Big triangle on the weekly chart. We can still go down a long way and still not violate the bottom of the triangle at the 96-97 area. We can also go up to near the 107 ...

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The FUN is just beginning. Wouldn't surprise me to see 10060 in the not too distant future - 50% correction from the june 1 low.

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Time will tell. I got a hunch Draghi put his foot in his mouth.

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