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TFC Commodity Trading Forum

Re: g-d you can't day trade this chit...

speaking of other currencies D Chan, we were in class last night talking about how currencies move in a "flock" similar to birds, with each currency taking turns leading, then dropping off and lagging, just as in a flock of geese. Therefore you cannot follow the individual market but the whole flock. I was saying "do not be fooled by a laggard that appears to be turning lower if the overall flock is headed higher. Even a wounded goose will try it's best to follow the flock. "Unless", I said, Old Living Under a Bridge comes bouncing down the winding road in his jeep, one hand on the wheel, and the other on his rifle, and shoots a goose out of the sky. "That", I pointed out, is the only way a goose will permanently divert from the flock. We had a good chuckle over that.