Recent content by ZaBu

Hi Nordivad, I follow John's blog and his Moneyweek Trader emails. His philosophy of keeping it simple resonates with me and the methods sit comfortably. I found my way to parallel channels, momentum, Elliott Waves and Fibonacci before I found his content. The tools he uses are well...

I tend to agree with much of what you say, however, this is opinion on both our parts. I cannot prove the Govt. stats are BS, your anecdotal experience is also not verifiable proof. You also make the assumption that the cash will filter down. I am not convinced that it will. Surely the Govt...

The second time you have partially quoted me and jumped to a conclusion. My point, perhaps expressed little too succinctly for some, was simply that there is more than one view on inflation/deflation. And as a result of these multiple differing opinions nobody can claim they know for certain...

So from those two words you have concluded that I haven't read up on a subject. Didn't the following sentence suggesting a counter argument even plant the smallest seed of an idea that I might have done? I was also answering the final question posed - which was along of the lines of won't all...

Nobody knows. You could just as easily argue that they have been pumping money in for so long and inflation hasn't really taken off suggesting that deflationary forces are incredibly strong.

Quelques postes sont utiles, les autres sont drôles.

Is that 5 down I see on the 15m chart? Stops below the up-channel from end of June, stops below 1350 horizontal support and NFP, it could be setting up nicely.

It definitely helps - very clear. Thank you.

Sounds so simple when you put it like that - always a good sign :thumbsup: Do you mind if I ask a couple of questions? I'll ask them anyway and in the hope that you don't. As you're holding stocks for a period do you incorporate any due diligence on the fundamentals in conjunction with the...

It is still very much work in progress. My sense is the answer for me will be a combination of market experience and experience of the method. It has taken me a while to settle on any sort of method that feels right. Now I have the bones of a system I think I am seeing some progress. However...

Exits. Some of the accepted wisdom around exits is also not that helpful to a newbie without time under the belt. Cut your losses short - that had me closing out too early, not giving the trade sufficient time to play out and booking an unnecessary loss. Let your winners run - that had me...

Thought I should come back and thank you for the pointer on this pair. Looking good so far. Thanks.

Seems like you are on a different timescale to the OP. Still a nice profit so far. I guess you have looked at the Daily chart?

If I was being serious then you'd be absolutely right. As it stands my local pro has helped me to take plenty of shots off my game in a relatively short period.

I refuse to take a golf lesson from anyone that has failed to win a PGA tour event :whistling