Gaining an Edge over the Forex game of Mind, Money, & Wealth
Tuesday, April 06, 2004
Miami OMIL (/;-> 05:12 GMT April 6, 2004
van Gecko good advice have a good one. GT
van Gecko 05:10 GMT April 6, 2004
"Ching Ming/Full moon battle of Euro 1.2000" in progress.. opposing dollar camps are having a rare Asian dog fight here..
Euro 1.1980 Usd/chf 1.3100 lines are tough nuts to crack on a 1st assault basis.. Sons Of Beatrice targeting 1.1800 may need to re-group from higher grounds..
Cheerios..
van Gecko 15:00 GMT April 2, 2004
After teasing the herd of eager europhiles for the last few sessions patient Sons Of Beatrice had resume their merry short marching of Euro to 1.20 ..
Cheerios..
van Gecko 08:02 GMT March 31, 2004
inorder to have a shot at 1.25/26 Euro needs to poke its head above 1.2260/80 & do a daily close above 1.24..
'Sons Of Beatrice ' of various size & temperments are stacked from here up to 1.25 to ambush eager europhiles..fwiw..
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..
van Gecko good advice have a good one. GT
van Gecko 05:10 GMT April 6, 2004
"Ching Ming/Full moon battle of Euro 1.2000" in progress.. opposing dollar camps are having a rare Asian dog fight here..
Euro 1.1980 Usd/chf 1.3100 lines are tough nuts to crack on a 1st assault basis.. Sons Of Beatrice targeting 1.1800 may need to re-group from higher grounds..
Cheerios..
van Gecko 15:00 GMT April 2, 2004
After teasing the herd of eager europhiles for the last few sessions patient Sons Of Beatrice had resume their merry short marching of Euro to 1.20 ..
Cheerios..
van Gecko 08:02 GMT March 31, 2004
inorder to have a shot at 1.25/26 Euro needs to poke its head above 1.2260/80 & do a daily close above 1.24..
'Sons Of Beatrice ' of various size & temperments are stacked from here up to 1.25 to ambush eager europhiles..fwiw..
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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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