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Brown : epistemologically "bullet proof" would be wrong to say... no trader can tell 100% the market climate... but for example in this very moment march 21 12:35 est what is the market climate... you can ask my doughter, she is 11 years old and will tell you : "papi el mercado esta muerto" ("daddy market is dead") so.... we are on cycle conditions... you see, there are reasons, big boys are not there... they are waiting fed numbers... so that gave me today a couple of cycle trades and made me almost three argentinean standard salaries... thats what we refer to "market climate"... in an hour and a half we will have a diferent climate.... probably trending.... so if I go with my cycle trade... I will get mowed... what can I do then... trade trend trades, buy bips, sell rallys.... just common sense Brown, and experience... cheers Walter. |
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I still don't see what this has to do with his original question. What he said was How, if possible, can one predict a trend day before the day completes. What you said here was like my previous post. A guy looking at his charts, patting himself on the back because he had a profit day AFTER THE FACT. Any after the fact thinking has absolutely nothing to do with what he asks.