My day starts at GROUPTATION, make it yours. See Updated and Managed by Ivan Link on the right.
Dear Readers The National SOPITALIST Casino will soon be closed for today and the Wall Street ( WELFARE STATE ) will go to burbs to count money they screwed ordinary citizens out of. We did not trade today again, as it seems like trading the market totally controlled with traders is not good for your health. John reported a small loss. Market went down about 1%. Gold was unchanged after midday runup, Oil closed lower and for the first time the few weeks the BONDS rose. Dollar lost realtively big today. So, the decline into early March is coming to pass?. We shell see.
Dollar situation is as follows:
EUR,CHF,JPY,AUD are all on the SELL versus Dollar on all levels from 5 minute to Monthly. The only exception is the JPY is still On Monthly BUY. So, all/any move against Dollar here is pure Orgy ( means - could be powerful, but unsustainable too long. And well staged by speculators who want you on the other side of this trade. If you can not play this dollar decline, just stay in it, cause your time is coming. Disrigard All BS coming from those who will scare you into Dollar=0 scenario. should be over by APril)
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12 comments:
Boris,
thanx
old john
Dear John,
enjoy,
relax,
let us look for another bus.
good traidng
Boris,
I think MDS is right and today's action is a bear trap - there will be another leg up.
I do not have high confidence in the opinion however. staying out of the all markets and just watching. Something does not add up and I am suspicious.
Other alternative, of course, is big gap down and then revisiting Jan lows.
Best,
Greenie
Dear greenie,
MDS proved my "human self" wrong many times...
So, i would not be surprised to be wrong again...
But as i said, i am only human.
Good Trading
Dear Boris
Stop talking about wrong an right,
You are providing us your opinion based on your best analysis for a given moment, for that - bless you (and all other good guys that share here)
Sharon
Dear Boris,
Picked up some British pound shorts after this markup.
Best,
Greenie
Dear Sharon,
I appreciate your support and all readers support.
A good investor/trader should know that he/she will be wrong...
That is all i try to teach. All the tools may not help sometimes, that is why the trade management is the solution. Small losses can turn into big profits, but big losses will only turn into bigger losses.
That is the message i teach.
Thanks and Regards,
Good Trading
Dear Greenie, perhaps a bit too early, but I am for BUTISH pound shorts.
GOod Trading
Boris.
Good morning
old john
Dear John,
good morning and Good Trading
Dear Boris,
Good Morning. Thank you for the
currency update.
Good trading.
Bert
Dear Wanderer ENJOY
GOod Trading
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