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Yeah right Dave. I was trading ASX Long on Friday when a couple...

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Cooder

320 Posts.

05/11/18

11:46

Post #: 36390139
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Originally posted by davenz ↑

Originally posted by Cooder
Mid-Terms may be the big one. It also may be a non-event.
Also Trump tweets are usually a good market mover.
I doubt we'll get anything from mid-terms.

And unless you have prior knowledge that trump may be saying something I wouldn't trade any fluctuations caused by his tweets. It's volatility caused by the algo's and the trend eventually resumes.. unless, of course, it's to do with interest rates or anything that will directly affect the economy.

If you want to trade Trump-tweets, US30 is the way to go.. the stock market cares more about what he has to say. The $7 trillion flying around every 24 hours in our market doesn't normally give a crap. I'm yet to see any real entry triggers from his tweets.

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Yeah right Dave.
I was trading ASX Long on Friday when a couple of things came across the wires with my broker
Now you may have needed to be in the moment to see what happened. I'm guessing you weren't so here are some printouts. Ditto A/U.
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