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aussiebear

World Stock Markets Trading Discussion - Depleted dedication

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Added the rest at 2747.

 

Covered the 2747 at 2737 for +10.

Holding the 2744 short.

Adjusting stop to 2750.

 

Trade safe.

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As liquidity tightens, Trump may be trying to control the descent of the market by creating headlines as an excuse for selling. Then taking walking back on the announcement to keep the distribution going and create a rally.

 

I think you may have something here. Although I think that it's more of a knee jerk reaction to whatever the market is doing.  So yes, he will reverse course whenever the market sells off. But then his insane, authoritarian, racist, bullying xenophobic impulses will return the next day.  So it will be a rollercoaster.  But over time, liquidity rules the trend. 

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Think that last pop was it...Should be downtown now.  I would be wary of any advance above 2745.

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Covered the 2747 at 2737 for +10.

Holding the 2744 short.

Adjusting stop to 2750.

 

Trade safe.

 

Covered the 2744 short at 2724 for +20.

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I really like the visibility that the Trade Station cycle drawing tool gives.  Nailed the time of today's high yesterday.  Although it can't predict news noise distortions, obviously.  

 

The 2 day cycle low is ideally due around 3:15 PM

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2 day cycle low due now, but there's a shorter wave that's headed down until tomorrow AM. So look for a second low tomorrow AM. Can't say whether lower or higher. 

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Judge Anthony Kennedy retiring.

This is incredible.  Trump gets to choose another one. 

 

I have decided to emigrate. Not sure whether Spain or Germany. How ironic. Both were fascist states 75-80 years ago. 

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The pendulum has swung full circle. 

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