Abu Dhabi which is the real cash cow, can easily bail out Dubai. Abu Dhabi’s sovereign wealth fund is the world’s largest, with over $600 billion in assets. It can easily support Dubai’s debt problems.
Instead of “stuttering” around on those five minute currency charts, the news is giving you a chance to short the US dollar after this mini panic is over. There are just too many dollars out there for it to rally for a longer period.
Nobody uses a daytrade chart of 5 mins trying to explain an event longer than a day. Chuck, you are making a mockery of yourself by trying to use a 5min chart to explain events which probably take months to play out. PLEASE!!! don’t put the professional traders to disgrace. U should know what you are talking about before you put up the video. Also, pls go back to school to learn your technical analysis because you OBVIOUSLY do not know where to draw proper support and resistance lines…
donching, I find you rather annoying. I never say much here but I do know that that Chuck uses many timeframe charts. You claim that using a day trade chart can’t be used for long term trends. I remember Chuck explaining that very same issue in video’s going way back. And he did not claim in the update yesterday he was discussing long term trends, perhaps if you have been watching many updates you will have known this was a short term move anal;ysis. Where do you get your rocks off pointing out something that he and many other technical chart folks like me already know? Do yourself a favor and beat it, maybe you will feel better if you relieve your steam.
I’ve seen a few of your other posts. You seem like a pretty sharp guy with some good ideas around trading. Why spend time criticizing Chuck’s trading at this point? No reason for piling on. Chuck’s a good guy and is working hard. Why not focus on the positive trading ideas and join the chat? I’d like to see more of your stuff.
I am sorry to the wider audience if you all feel i have made a nuisance of myself. In trading, just like in anything we do, if you learn the wrong thing, it will become a habit. It takes a longer time to unlearn your bad habits than when you first picked it up. I am sharing with you my experience because why do you want to go through the same mistakes others have made when you can learn from them without going thro the pain? To give you a clue to what is Real Trading and How Trading should be done, go and read the article of Sam Seiden from Online Trading Academy. The education is free but you learn so much more from him. What is more important than that is you learn the Right thing. I will not comment anymore for those who thing i have stayed beyond my welcome. I just cannot stand people who BS too much and pass on the wrong knowledge to new traders. New traders are very eager to learn and if you learn rubbish, you will retain rubbish. And I can assure you if you continue to trade what you learn here, you will be confused and lost. Don’t believe me? I am here to hear from any of u guys who trade and made money from what you learn from this blog. U have my words….I wish you the best in trading…
To all of you who have such negative comments… why don’t you move on to another site that would more likely benefit your needs. If you have some true concerns about Chuck’s premise.. why don’t you email him and have a conversation… instead of a public flagging of criticism about what you obviously are biased against.
MARKET VIDEOS
The latest market video available for viewing is :
MARCH 11 2010.
Videos can be accessed on the "Market Videos" page.
Check this out!!!!!!!
London Stock Exchange was closed for several hours due to technical problems related to connectivity. Nothing related to selling or trading…
Abu Dhabi which is the real cash cow, can easily bail out Dubai. Abu Dhabi’s sovereign wealth fund is the world’s largest, with over $600 billion in assets. It can easily support Dubai’s debt problems.
Instead of “stuttering” around on those five minute currency charts, the news is giving you a chance to short the US dollar after this mini panic is over. There are just too many dollars out there for it to rally for a longer period.
Nobody uses a daytrade chart of 5 mins trying to explain an event longer than a day. Chuck, you are making a mockery of yourself by trying to use a 5min chart to explain events which probably take months to play out. PLEASE!!! don’t put the professional traders to disgrace. U should know what you are talking about before you put up the video. Also, pls go back to school to learn your technical analysis because you OBVIOUSLY do not know where to draw proper support and resistance lines…
It looks like Black Friday on the markets too!
donching, I find you rather annoying. I never say much here but I do know that that Chuck uses many timeframe charts. You claim that using a day trade chart can’t be used for long term trends. I remember Chuck explaining that very same issue in video’s going way back. And he did not claim in the update yesterday he was discussing long term trends, perhaps if you have been watching many updates you will have known this was a short term move anal;ysis. Where do you get your rocks off pointing out something that he and many other technical chart folks like me already know? Do yourself a favor and beat it, maybe you will feel better if you relieve your steam.
Kate,
You must not think much of Chuck if you feel he can’t stand up for himself when critized.
Donchin –
I’ve seen a few of your other posts. You seem like a pretty sharp guy with some good ideas around trading. Why spend time criticizing Chuck’s trading at this point? No reason for piling on. Chuck’s a good guy and is working hard. Why not focus on the positive trading ideas and join the chat? I’d like to see more of your stuff.
I am sorry to the wider audience if you all feel i have made a nuisance of myself. In trading, just like in anything we do, if you learn the wrong thing, it will become a habit. It takes a longer time to unlearn your bad habits than when you first picked it up. I am sharing with you my experience because why do you want to go through the same mistakes others have made when you can learn from them without going thro the pain? To give you a clue to what is Real Trading and How Trading should be done, go and read the article of Sam Seiden from Online Trading Academy. The education is free but you learn so much more from him. What is more important than that is you learn the Right thing. I will not comment anymore for those who thing i have stayed beyond my welcome. I just cannot stand people who BS too much and pass on the wrong knowledge to new traders. New traders are very eager to learn and if you learn rubbish, you will retain rubbish. And I can assure you if you continue to trade what you learn here, you will be confused and lost. Don’t believe me? I am here to hear from any of u guys who trade and made money from what you learn from this blog. U have my words….I wish you the best in trading…
To all of you who have such negative comments… why don’t you move on to another site that would more likely benefit your needs. If you have some true concerns about Chuck’s premise.. why don’t you email him and have a conversation… instead of a public flagging of criticism about what you obviously are biased against.