Pattp this is how we learn, by sharing and forcing usto think....

Pattp this is how we learn, by sharing and forcing us
to think. I'm 12 months up next week on leveraged products
and have learnt a huge amount, with even more still to
learn. Patience and timing seem to be the key to trading.

I agree with the calling of a bluff. But I do know who
has the final say. It can come in a minute and just keep
going. Compare the 87 crash to usdjpy. Currently the
currencies are sitting on the fence eg audusd .91 It's
not a new high not far away. The audjpy held it's
weekly support late week and did not test it again fri night.
Oil and gold might find support.

In the back of my mind I know the usd has stabilised
for the next six weeks or so due to no new auctions
of bonds. ie it's not currently printing money.

Isn't the definition of stagflation rising interest rates
(inflation) with little growth.

The currency to watch is jpy it's just had to see.


Just a few thoughts after your mention of the bluff
and I like my oysters natural. lol


regards paul