EUR

Another good weekly letter form John Mauldin whom I rate amongst the top 3 analysts worldwide. Sorry to anyone who finds these regular postings offensive but they are free issue and I hasten to add I have no axe to grind, no affiliate arrangements etc.

Kicking the Can Down the Road One More Time.
http://www.johnmauldin.com/frontlinethoughts/kicking-the-can-down-the-road-one-more-time

Skipper, after all your tech postings on your trading models, am I the only guy who understands how your models work ? I suspect so and this is one of the things that irritates me about this forum. Guys are not really interested in furthering their tech experiences. more in wanting to know trade calls (which I personally refuse to submit to).

Jacek, I could prove myself by showing you my trading account history but frankly I don't need to prove myself to anyone, the last thing I want is a bunch of paracites, monkeys on my back.

Up to jan 2010 I spent 6 yrs "giving back". I mentored 2 batches of 5 intermediate level students for a 3 year course in my specific work, all free of charge. It was an enormous commitment and almost exhausted me. Out of the total 10 students I can only say that 3 or possibly 4 of them are now proficient traders making consistent returns. Trading is a very psychological challenge as you must well know and I am not about to renew any fresh commitments to this or any other forums. If my analysis is of no help to guys then so be it. I can always tell if a trader has any genuine interest, most just want to tag along a lazy path.

I have to admit that my stuff and my approach with analysing many symbols to find specific set-ups to trade on various timeframes is very time consuming and not for everyone. It would probably suit less than 1 in 100 traders. I am not about to try thrash it here. I have tried it already and there is zero interest, end of story. There was only one gentleman who ever asked any questions, that speaks for itself. The rest are more interested in making fun of everything and that's ok, I can cope with some fun. Banter is the name of the game here and I accept that.

jayz...gotta go..nice chatting..
keep me posted on euro moves tia..

thx Sir.. AJ swang between 83.13 and 85.22 recently.. now sitting between key levels and looks poised for a breakout.. stocks on ASX will soon report quarterly earnings to the market with downgrades expected across various sectors so looking at it as a perfect hedge at this point of time..

pays great...have owned a/y since feb...

believe it will continue
spike down in feb/march left me very serious drawdown....(nuclear season)

but kept buying and will buy on dips..accumulation...

avg 83.38....room to hold...