Darc's Journal

Darc

Darc

Starting this to hopefully prove I'm at least a profitable Trader. I swing Trade the ASX (Australia you Nimrods). None of this ES shit here lol.

Will trade IOZ, GEAR, BEAR, BBOZ, all ASX ETFs.

Currently out waiting for Re-entry hopefully early next week.

My strategy:

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Well, I'm stiffing around some of those ETF's as well so will be interested to see what you like.
I'll keep my ES stuff very quiet.
 
A chimpanzee throwing dart strategy? I hope this is just a satire. The market has all sort of players from pro to noob. In order to make it in the market, one has to be good... really good. Since you exercise patient, you must be good.
 
Peter8519 said:
A chimpanzee throwing dart strategy? I hope this is just a satire. The market has all sort of players from pro to noob. In order to make it in the market, one has to be good... really good. Since you exercise patient, you must be good.
More...

Yes I hope its just a satire Darc!! hahahaha

And dont forget to exercise the patient...
 
While The Fed has been fighting Inflation with quite aggressive Rate hikes, Australia's Central Bank (The RBA) hasn't been as aggressive with Interest Rates, thus our Inflation hasn't been dropping like the U.S. has.

The RBA meets on the first Tuesday of each month, meaning Tuesday week they hand down their next Interest Rates decision. This could produce some hawkish rhetoric. This hawkish rhetoric or even steeper Rate hikes, combined with the past Rally, could see the XJO (ASX200) pullback. Whether I go Short I'm unsure atm. I prefer to only trade with the longer term trend which has obviously been up.

Remember, I said I trade on my Phone at Work, that's still the case. I know this'll bring out the Baseball bats from everyone :D

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