I do give "credence" to gaps I trade them day in day out. Just no "credence" to the ones shown on an XAO/XJO chart. That is my pointthey are everywhere but you cannot find them on a XAO/XJO chart
Understand?
EDIT: I also am starting to understand that spending 20 min trying to explain something in an factual way, such as my attempted at post# 209 is a farking waste of time. And more than likely going to end up looking like a tosser. And end up with being labeled one, as per you last remark.
Seconded.I reckon there is a sizeable majority on ASF that, while they may not always fully understand everything you spend time explaining, very much appreciate getting quality information and views direct from a successful trader.
I appreciated the explanation. This was something that now pointed out is ever so obvious (re the staggered start -> first tick) that I would never have picked up on if it hadn't have been pointed out.
So thanks.
Seconded.
Can only speak for my self, but I do appreciate the time and effort that traders like TH, and many others, use trying to teach useless traders like my self, to survive in this difficult game, that at most time make no sense to me, so thank you to everybody that use there time in this way, and I hope that one day I will be able to repay by helping others in some way.I reckon there is a sizeable majority on ASF that, while they may not always fully understand everything you spend time explaining, very much appreciate getting quality information and views direct from a successful trader.
Been on the Turps for 2 days and likely to be for the next 2 days also ......... so my cash is not where my mouth isso pay no heed to a drunken thought.........
Well, well.
The DOW has plunged in late trading - looks like it will finish well BELOW the 10,000 mark.
Anyone like to suggest that is not significant and that the XAO will open UP?
Not this little Black Duck.
Hey Aussie,
Ill take you up on that, I think the markets in general will treat last night's dip on close as a double bottom from friday night, and we will eventually make a small move up in the next 24-48 hours.
I know its a gutsy call..I know we're in a bear market, but we'll see.
Hey Aussie,
Ill take you up on that, I think the markets in general will treat last night's dip on close as a double bottom from friday night, and we will eventually make a small move up in the next 24-48 hours.
I know its a gutsy call..I know we're in a bear market, but we'll see.
Well the dow is currently down -100 points under the magic 10,000 mark,well if the dow finshes today's trade down,it will be interesting on monday on the xao.I'd say we might be testing 4487 resistance line on the xao,and if it breaks we might see the next leg down to 4000 on the xao/or for the EW's theory forming a larger picture of wc 2.
In saying that,all depends on a lot of factors also,one being the dow,Well monday will be interesting either way,Either a great buying opp/or a larger picture forming for the next leg down,I'm betting the next leg down.[/B]
The Raging Bull is set to return to the Circus Maximus arena today.
Rumour has it a possible cure for the Big Fat Greek Hangover might be invented sometime in the future.
Well, that's gotta be something to rejoice, eh?
Pizza anyone??
Wholly pathetic effort by bulls today given large positive lead by US.
If still long or at least not covered you need to quickly ask yourself why.
I disagree.
I recommend that the removed posts be restored to enable the continuity of the thread to be preserved and the Australian right of "freedom of Speech" be maintained.
I disagree. The forum threads are best kept on subject and I have rarely seen an iron fist approach to posters that have gone off on a tangent. Within any dialogue there is usually a stray from subject and I think the forum monitors do the right thing by moving "a collection" of off topic posts to the appropriate thread.
However,sometimes there is no thread relative to the dialogue tangent and to start one for a brief exchange is not realistic.
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