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  • @JP5466: this is exactly how I felt in late April 2010. The Fed has *only* $250BB left of QE2 and I don't believe that the inflation hawks will let them go for any more. I agree that indicator-based TA is defunct right now but Price Action will never, ever be obsolete. Movement = opportunity regardless of the motivation or source. Cheers.

  • @JP5466: this is exactly how I felt in late April 2010. The Fed has *only* $250BB left of QE2 and I don't believe that the inflation hawks will let them go for any more. I agree that indicator-based TA is defunct right now but Price Action will never, ever be obsolete. Movement = opportunity regardless of the motivation or source. Cheers.

  • There is nothing to figure out anymore... it's all phony, all fraud and all manipulated. The Fed reserve is in control of the entire stock market. QE to infinity... simply wash, rinse and repeat... the market will never come down again... it's a matter of "national security". Make the sheeple feel good about their IRA's and 401k's while the powers that be fleece us with dollar devaluation.

    TA has become completely irrelevant. The "free market" is gone forever.

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