Posts by "desi"

AVG

PBOC announcements usually around 10-10:30 am GMT.

I like this

"I have learned many things from him (George Soros), but perhaps the most significant is that its not whether you are right or wrong thats important, but how much money you make when youre right and how much you lose when youre wrong."

Stanley Druckenmiller


"The essential element is that the markets are ultimately based on human psychology, and by charting the markets youre merely converting human psychology into graphic representations. I believe that the human mind is more powerful than any computer in analyzing the implications of these price graphs."

Al Weiss

"Understand that learning the markets can take years. Immerse yourself in the world of trading and give up everything else."

Linda Bradford Raschke

I am still short GOLD - looking forward to seeing that weekly chart should things continue the way they are. I closed silver short and will wait to see what the current weekly chart looks like before thinking about getting back in - dont want to be over exposed on metals.

I have a few small shorts in AUDNZD - got in again near the highs after the news. The chart is all over the place with bearish divergence from stochs to rsi and momentum.

I am looking more and more towards more positional trading and following Ashrafs advice. Getting into 15min to hour charts is just no fun anymore. Looking to stay 2hrs and above. I concentrate on daily and weekly closes alot more than I did. Thats how they do it at the hedge fund I work at so its time I took another steer from the big boys :-)

Yes it happened yesterday :-)

All this news today for NZD and no updates to the forum ?