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Interesting, though humorous as the individual indicates that it should be used with 3-4 other indicators, maybe when we look at all those funny indicators we might make a decision within a months time...LOL, thanks Bruce for sharing.
I myself have followed your group and commented a few times with more or less a attitude towards fruitless predictions, I do appreciate the club and have wanted to come and sit with everyone at the meetings. I have been seeking a mastermind group for trading, and have never found anything until I discovered your group by chance. I have been thinking of putting together a site for everyone to actively participate in a dynamic way if its ok with you? It will contain archives from all participants as well as live input as well where we can all engage in education and improve our trading as I feel the best is yet to come for all of us.
A little about myself, I WAS a risk analyst for a major mortgage bank and have been trading since 2001. I am not a intraday trader, but more of a swing/position type of guy (that's what they call it anyway), the foundation of my trading is primarily volume and price analysis, although I use the MACD in addition to 50% fib ratios, its rare that I use them unless there is major confluence to support my analysis. My time horizon for my market analysis is the daily, weekly and monthly timeframes. enough ranting and look forward to meeting everyone.
Open Positions
Long 4/8/09 10 yr Note from 122'100
Long 4/15/09 BAC $9.85
Short 4/2/09 CAD fx 1.2562
Long 3/30/09 BP fx 1.4304
Rick
P.S. I don't listen to CNBC nor funnymentals ( I meant fundamentals) Price tells the story.....
Great trading everyone.....!
----- Original Message -----From: Bruce LinkerSent: Wednesday, April 15, 2009 6:26 PMSubject: [nwcciclub] Simple Chart
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