Thanks Temp and wbh....
Trading without charts is like flying blind.
I was long at an average of 0.6406 and out at 0.6532... so I think this new method of trading without charts may be a winner LOL :0)
Temp, I am still bullish only after looking at the weekly charts over the year. You'll see a 5 wave pattern with bullish divergence.
As I said before, when the taxi driver starts telling you that the dollar is heading to 40cents then, you know it is time to be taking a contrarion view. ( or rather when it is televised as a news flash on channel 9 the week it went to 70cents, then you know that it is near the bottom). I call it the channel 9 oscillator.
As a side note, when they keep spruiking (this is sydney news) the best buys around sydney, you know that this property fall as got some time to unwind.
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Thanks Temp and wbh....Trading without charts is like flying...
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