Gaining an Edge over the Forex game of Mind, Money, & Wealth
Tuesday, March 18, 2003
van Gecko 17:35 GMT March 18, 2003
morning nk 1.18 *!*.. 1.3888 is possible.. near term, 1.4068 is even a better t/p & contra for BODipping down @ 1.3788/38..
usd/jpy seems to be lagging the Europeans a bit.. may be a good BODip infront of 118.18/38 for 119.88 & 120.88..
looking forward to drinking Euro beer by the shores of beautiful Thessaloniki soon..
van Gecko 16:19 GMT March 18, 2003
euro m/t picture..
following on the heel of GBP's February Flop & Gold's KO Reversal in Februay, Euro confirming a m/t top for March..
its a good bet that the market had gotten over the 2 month geopoltical risk/excuses to push Euro higher from here.. when too many expert/gurus are still expecting/waiting for the "1st shot & a big euro pop up to the Iraqi sky then down" scenario.. the market usually disappoints..
near term, mid 1.06's good resist.. above, SOB'ers (Sell On Blip positional players) are stacking the 1.0850's & right up to the 1.0900/30's..
should see a good bounce down @ 1.0388, below it's back to 1.0288.. 9988..
Cheerios..
van Gecko 18:12 GMT March 12, 2003
Dublin id1 17:53.. "not all move a created equal".. that said, this is the 5th monthly test of the critical 1.86 barrier since last July.. combine that with an impulsive level shifted 2 week reversal from last week's 1.76 baseline, the odds for a surge up to the 2001 1.88/1.91 are quite good.. Euro 1.12 here we come ?
van Gecko 17:39 GMT March 12, 2003
Dublin id1 17:31.. 'wait and grow old'.. or Napolean Hill might zzz & grow rich if he was an fx position trader?
btw.. may i ask what is the next point you are waiting for ?
van Gecko 17:07 GMT March 12, 2003
Dublin id1 16:27 .. Eur/Aud 1.98 next ?
van Gecko 16:20 GMT March 7, 2003
ab 16:02.. a close below 1.1010 before this risky geopoltic weekend would be troublesome for longs..
van Gecko 15:31 GMT March 7, 2003
Sparker.. ;) go west young men.. to sunny Lotusland..
gold losing some of its luster..what's up ? Usd/Cfh 1.3350 next ?
van Gecko 15:24 GMT March 7, 2003
morning Sparky.. whats up ?
van Gecko 13:48 GMT March 6, 2003
allloo ZORRO.. long time no see..@_@.. keep buying euro until uncle Greenie retire to his harem ?
euro sob/bod limits & stops in place.. switch off & back to zzz in Lotusland..
van Gecko 12:38 GMT March 6, 2003
morning friends..
euro 150 pip-picking.. SOB 1.0998 & BOD 1.0858.. 50 pip stops..
Cheerios..
Trading is not an exact science contrary to the popular belief of most new or inexperience traders.. In trading, we must allow for some margin of errors within our defined risk & trading time frame.. allowing for this margin of error under the constraint of trading in micro time frames with stops & profit targets all inside a small fluctuating market noise band in hope of achieving consistent profits over time is very difficult, if not impossible.. as whenever we are right, we are only small right within the confine of the small P/L band which limit our odds to playing for break even at best over time.. Trading longer time frames allows for a wider margin of error but at the expenses of increased risk.. however, the odds of being right & achieving consistent profits over time are enhanced when good market analytic & trade management strategies are applied under the proper market bias.. When we are right, we need to ensure that we are bigger right over an expanded profit band in-order to compensate for those times when we are wrong..
morning nk 1.18 *!*.. 1.3888 is possible.. near term, 1.4068 is even a better t/p & contra for BODipping down @ 1.3788/38..
usd/jpy seems to be lagging the Europeans a bit.. may be a good BODip infront of 118.18/38 for 119.88 & 120.88..
looking forward to drinking Euro beer by the shores of beautiful Thessaloniki soon..
van Gecko 16:19 GMT March 18, 2003
euro m/t picture..
following on the heel of GBP's February Flop & Gold's KO Reversal in Februay, Euro confirming a m/t top for March..
its a good bet that the market had gotten over the 2 month geopoltical risk/excuses to push Euro higher from here.. when too many expert/gurus are still expecting/waiting for the "1st shot & a big euro pop up to the Iraqi sky then down" scenario.. the market usually disappoints..
near term, mid 1.06's good resist.. above, SOB'ers (Sell On Blip positional players) are stacking the 1.0850's & right up to the 1.0900/30's..
should see a good bounce down @ 1.0388, below it's back to 1.0288.. 9988..
Cheerios..
van Gecko 18:12 GMT March 12, 2003
Dublin id1 17:53.. "not all move a created equal".. that said, this is the 5th monthly test of the critical 1.86 barrier since last July.. combine that with an impulsive level shifted 2 week reversal from last week's 1.76 baseline, the odds for a surge up to the 2001 1.88/1.91 are quite good.. Euro 1.12 here we come ?
van Gecko 17:39 GMT March 12, 2003
Dublin id1 17:31.. 'wait and grow old'.. or Napolean Hill might zzz & grow rich if he was an fx position trader?
btw.. may i ask what is the next point you are waiting for ?
van Gecko 17:07 GMT March 12, 2003
Dublin id1 16:27 .. Eur/Aud 1.98 next ?
van Gecko 16:20 GMT March 7, 2003
ab 16:02.. a close below 1.1010 before this risky geopoltic weekend would be troublesome for longs..
van Gecko 15:31 GMT March 7, 2003
Sparker.. ;) go west young men.. to sunny Lotusland..
gold losing some of its luster..what's up ? Usd/Cfh 1.3350 next ?
van Gecko 15:24 GMT March 7, 2003
morning Sparky.. whats up ?
van Gecko 13:48 GMT March 6, 2003
allloo ZORRO.. long time no see..@_@.. keep buying euro until uncle Greenie retire to his harem ?
euro sob/bod limits & stops in place.. switch off & back to zzz in Lotusland..
van Gecko 12:38 GMT March 6, 2003
morning friends..
euro 150 pip-picking.. SOB 1.0998 & BOD 1.0858.. 50 pip stops..
Cheerios..
Trading is not an exact science contrary to the popular belief of most new or inexperience traders.. In trading, we must allow for some margin of errors within our defined risk & trading time frame.. allowing for this margin of error under the constraint of trading in micro time frames with stops & profit targets all inside a small fluctuating market noise band in hope of achieving consistent profits over time is very difficult, if not impossible.. as whenever we are right, we are only small right within the confine of the small P/L band which limit our odds to playing for break even at best over time.. Trading longer time frames allows for a wider margin of error but at the expenses of increased risk.. however, the odds of being right & achieving consistent profits over time are enhanced when good market analytic & trade management strategies are applied under the proper market bias.. When we are right, we need to ensure that we are bigger right over an expanded profit band in-order to compensate for those times when we are wrong..
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