FOREX TRADERS

[Worn_Buffet]

Ahhh...so that's y I'm gettin the Hall Pass....I'm bein graded on all my work.....sure hope ya grade on da curve...my only hope.

& Nettles...have ya seen how much the aussie has fallen off on the wide view? Even w/the rate cut it's bound ta go up....ta's gotta take hold at some point...eh?

& on this topic....here's how I think the new school is shapen up to be.....stuff is gonna be gettin baked in much sooner now...well in advance of any rumored moves/cuts/increases. As more & more folks trade the currencies, the insiders need to get an even earlier jump on the mrkt...beating the crowds well in advance....so when we see charts movin for no reason.....there's a reason alright...we just don't know about it yet. Thus the fundi's are gonna be taken (errr..already have) an even bigger backseat imo going forward. So it's best ta simply use 100% t/a as your barometer....the only reason to use fundi's now a days is if u r planning on taking up a true long position....& who here really has the ammo (or kahoonas) ta try & pull that 1 off?

I'm sticken w/nothing further out than the 15 min.....& then widd'ln it on down to the 5 & 1 min...then down to the tick for the entry itself. Anything more (30 mins +) is useless for we small fry's imo.

I say considering how far the aussie fell, it still needs ta move north....their econ is still in better shape than most....in fact one can make a decent argument that it's even stronger than the US econ....not many other (if any) countries can say that.

At any rate...in genl, I'm learning how to throw my macro & fundi views out the window...it only adds to the confusion & clouds the mind....something I can not afford anymore of that's fo'sho :0

Short term t/a it is for me....& if I start talkin macro & fundi's know that it's w/a window of at least 3 mos out or more.

OK Jester....grade away....apple to follow....but be sure ta check for worms...unless of course they are in the turtle's food group :0