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aussiebear

World Stock Markets Trading Discussion - Obligatory obeisance

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http://bigcharts.mar...com/default.asp

 

 

All Ords hung on to gains, finishing +0.3%.  Miners +1.1% gained the most with Telecomms -4.4% at the other end.

Over in Asia, China +0.3%, Hong Kong +1.3%, Japan +0.5%, India currently -0.2%.

UK/Europe wallowing in minor red: FTSE, DAX and CAC all -0.1%.

 

 

 

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big.chart?nosettings=1&symb=DX%3ADAX&uf=

 

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

 

http://bigcharts.mar...com/default.asp

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Perfect set up for the not totally rare Monday Morning Head Fake. A gap up a bit in the direction of the current trend and then reverse. For a day trade or sometimes a bit more. I was never an active trader but it's the most successful strategy I have ever used. 

The great part. Win or lose your week can be done.

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By cheating a bit I made enough to buy a cup of coffee.  I went super small because everything else said no.

 

It's' 25,0000 day on the DOW

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I see an itsy bitsy teeny weeny  red and green head and shoulders pattern on the 10 minute bars today. Might it turn into something more...

 

 

Nah...

 

 

:lol:

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I see an itsy bitsy teeny weeny  red and green head and shoulders pattern on the 10 minute bars today. Might it turn into something more...

 

 

Nah...

 

 

:lol:

 

tick tock kind of lonely here as a very hungry hibernating bear......

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Failing to get above 2736 on this move would be a good sign for beers.  

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