Where have I gone??As you will have noticed things have been a little slow around here in the last couple of months and I have had contacts from readers, fans and critics enquiring about my whereabouts. No I haven't blown up or given... Tail wagging the dogDid you see the Asian and US futures jump and follow the action on the ASX after the Reserve Bank made the biggest rate cut since 92. What a joke hey? We all know its going to happen sooner or... Positive divergence.... Can you believe it??Have a look at this. With bank and other financials imploding all over Europe and the US guess what is happening in the little Aussie market. The Banks (and other fins) are showing the first signs of positive divergence. They... Russell Crowe saves the USRussell Crowe, what a spanker!! He has come up with a plan to rescue the US from the credit crunch during a US TV talk show appearance, "I was thinking," Crowe said. "If they want to stimulate the economy and... Dangerous FoolsThe world is truly going fuckin' mad. Have a look at Bloomberg. U.S. lawmakers may seek to include commodity speculation limits in legislation designed to rescue banks from bad mortgage investments after a squeeze in oil trading sent crude to... Important announcementJust released, " Due to the excessive loses of Mum & Pops "Investing" accounts the ASX will no longer trade. All share holdings will be converted to the Australian Government Future Fund and be replaced with a guaranteed return of... Can they add up??????What the hell is going on? Have a look at the covered short sell list here and please explain to me the point in stopping this. Why remove a necessary market function that is obviously of such small proportions that... Something Light.Back into trading after being away for a month snowboarding in NZ. Here's something a little light to start things off. A great FX tradeThis has been my best Forex trade for some time. Playing the AUD against the NZD. THT Day Trading Course Part 2So last post was the bullshit that will be ignored because if you noticed it was saying that day trading is about taking small gains not swinging for home runs with all your account on the line each time. And... Traders and GamblersIn stock forums you get mostly just bullshit and clichés from wannabes and never-will-be's but from time to time you get a gem. like this one on ASF from Tech/a Call it what you like. Its the BEST game in... THT Day Trading Course Part 1Here is my three step program to learning Day Trading. No secret system will follow, in my opinion its mostly thousands of screen hours and review that make the difference. The process for learning day trading is pretty simple. Three... Show me the MoneyYes I know this is meant to be about my day trading course but its not. Just a quick post about the games this week. We have gaped down heavily overnight from crappy OS leads BUT the Big Boyz have... You're not smart enoughNow I have your attention this post should be named "You're not smart enough for short cuts because its not what counts" There are many things about trading that I have always found a little strange. Particularly why reasonable smart... Hunted stops or bad trades?"It is very clear Dodgy Inc Brokers go after stops."Really? Have a look through stock forums at reviews on Forex and CFD Market Maker brokers and you see the above quote or a variation on it repeated over and over.... Yep, I told you!As the chart below shows the big boyz are back and pushing hard. Yesterdays action was nothing short of amazing. And todays wasn't bad either. Don't tell me I didn't warn you. Following the pushMy last post was about the games the heavy hitters were playing. Since November last year it was painful obvious that the big money was pushing down and hard. Any sustained bid would eventually, if not swiftly, be overwhelmed by... Big Boyz GamesYesterday was an unusual up day on larger than average volume. Of course we have given back yesterdays range in the first hour but the aggressive buying is a warning shot. That level just under 5700 will be a line...
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