Gee, you lot have been a bit fired up in the last few threads...
Can we get back to TA and analysis now?
Hedgy, as you know I appreciate your input but I hope you aren't trading funnymentals? I have mentioned a few times that I am getting more concerned about the Australian economic future picture but that doesn't mean I'm trading to the down side. Watch for the flow and keep an eye on economic problems that might change the direction of flow.
That said, after friday nights action, the flow direction might be about to change so buying the dips probably isn't the strategy for the week. Looking for the range that defines consolidation is the way I'm going to play it.
mondaty trading, page-6
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