{quote} Ha! There in lies the answer! Everything is always based on time frames, but we so seldom mention them when we decide if we are bullish or bearish. I trade daily/hourly on a weekly scale...in that I usually hold a trade a week maximum. Monthly is no concern of mine(today)- that could change lol Anything under an hour is just noise to me. Tried that whole scapling bull....cost me about 20% of my account. Thank God for good money management.
{quote} kiwi trade balance because i have explained... CHINA has put up an embargo against New Zealand export of milk powder. so of course with New Zealand experiencing Lowered Export, and say import unchanged... sure their Trade Balance is falling even further... and this is not good news... NewZealand is an export reliant economy and without export, no growth.... Australia is gona be just as bad China is stepping away from international trade, China is focusing more on trying to promote domestic growth.
Aussie sell in Asia time.. Buy in NY time
