Gaining an Edge over the Forex game of Mind, Money, & Wealth

Saturday, July 03, 2004
nyc jk 15:55 GMT July 2, 2004
Martin - as Farmacia mentioned, good on ya for changing your bias after today's moves, no sense p*ssing into the wind now. gl
Gold Coast martin 14:54 GMT July 2, 2004
SYDNEY .gvm..i have been stopped in my aud shorts that i had between 6780 and 7078..still have aud shorts from 7785..may have to liquidate some to finance new assault ...same with euro and kiwi...still well ahead for the past 20 months..todays setback just a storm in a tea cup..if you dont have losses you loose reality of the market and possibly your edge....g/t..
Sydney gvm 14:48 GMT July 2, 2004
Gold Coast Martin - have you been stopped on all your positions?
Nottingham 13:41 GMT July 2, 2004
kiwi...key zone cleared opens way for drawing in remainder of inverted shs but will be o/b on approach of 6500 (aussie 7135)
loonie...conventionally o/s sub 3200...well documented trendline at 3225/30 key
euro...supply will appear at 2330-50 if seen before 6pm London otherwise can't vouch for it...gl gt
Sydney Alimin 12:54 GMT July 2, 2004
wow what a fireworks...congrats to all $ bears...i missed it though..oh well
what a start to a new month
pd cumino 12:11 GMT July 2, 2004
van Gecko 11:02 GMT July 2, 2004
Alternatively 3m 1m.
van Gecko 11:02 GMT July 2, 2004
pd cumino.. 2 months to 2 quarters, discretionary over-ride depending on the weekly underlying market dynamics.. whats yours?
pd cumino 10:41 GMT July 2, 2004
van Gecko 10:14 GMT July 2, 2004
What do you mean by m/t? 1w, 1m, 3m, 1y? TIA.
Dublin Flip 10:40 GMT July 2, 2004
No wuckers mate. I'm stepping out for a few hours before NFP casts it's spell. Groove on Van.
van Gecko 10:23 GMT July 2, 2004
Flip.. good to see you lurking the 'poor man's diversional playground'.. @_@
be lucky mate..
van Gecko 10:14 GMT July 2, 2004
Laowen.. good m/t trading opportunties are rare & few.. imo this recent Dollar correction within its long term down trend is presenting good trading values for m/t Dollar bears..
Dublin Flip 10:13 GMT July 2, 2004
Actually I'm sure he can defend himslef but I think van Gecko has been pretty good. Apart from suggesting buying 68c in oscar.....
van Gecko 10:15 GMT May 25, 2004
the market can be boring if you're waiting from one day to the next for a move & hoping to catch all of the 20 pip swings.
a 500 pip 1.22/1.17 market is not boring if you're trading an expanded time frame
It's not a competition between each other. It's a competition with yourself. Be lucky everyone.
Beijing Laowen 09:58 GMT July 2, 2004
van Gecko, you have been consistently a Dollar bear for these two months.
UAE Oil man 09:52 GMT July 2, 2004
Ya it's a hard time now with those ranges, AKA..
Even those who bought that 6837 gecko talks about it must have been hard not to take profits in the 7030 area and then watch it crash back to 6875 and hope it didnt take the stops....
So we gotta hope there's a trend starting out soon, cause so far anything is far from convincing..and hit and run 100-200 pips targets are still favored.
van Gecko 09:40 GMT July 2, 2004
Sydney Alimin 08:58 fyi
"09:34 GMT June 18, 2004
a good risk '30 pip piker stop' Aussie baby bull trade..
buy AUD/USD @ market (.6828) stop .6798
could paid 4 to 1 one day, 12 to 1 short term, & 28 to 1 mid term for patient Kangaroo long marchers..fwiw"
the payout is now 7 to 1..
however, if one is from the school of Discipline Long Marchers.. the target should be let open with trail stops & let the market tell you when to get out.. letting profits run is a difficult counter human behavior.. most do exactly the opposite..
"a herd of Donkeys can be lead to water.. but its up to the individual Donkey as to how much water it want to drink.."
Cairns Aussie 09:16 GMT July 2, 2004
Gold coast Martin 6.15 GMT...the chances of the AUD/USD hitting 0.6930 before the end of the NY session are about as fare fetched as you saying the AUD is a good buy.
Gold Coast martin 08:59 GMT July 2, 2004
The Kangaroo after grazing in the 7050-60 green field for 2 days is full and ready to be taken back to the 6950 less green field with the possibility of been quarantined in the barren 687 field in the next 3 days....g/t
Sydney Alimin 08:58 GMT July 2, 2004
van gecko, if u dont mind giving your price target for aud/usd long? just going long doesnt make sense to me as it can mean long for 1 pip or 100 pips or 1000 pips
van Gecko 08:48 GMT July 2, 2004
morning.. for the beneifit of our European friends who may had been in deep snoozz earlier..
"Aussi is now well supported by its crosses on this m/t merry go North leg..
m/t Dollar bulls who are feeling inadequate or may be suffering from that dreaded 'pip'less dysfunction' fx syndrome could try their luck & go 'Longz' among the Aud/Usd, Aud/Jpy, Aud/Nzd pairs.."
melbourne farmacia 03:26..
chart one to another lucky Kangaroo hop.. cheers..
UAE Oil man 08:14 GMT July 2, 2004
looks like the AUD$ is going to make another "recovery" towards 6950..
Gold Coast martin 06:15 GMT July 2, 2004
NEW YORK..it is easy to talk in hindsight but the last 2 days have all been good levels to short the aud...A good level to short right now would be 7035...with a short terget of 6970 with further potential of 6950 by end ogf todays ny trading..g/t
Martin - as Farmacia mentioned, good on ya for changing your bias after today's moves, no sense p*ssing into the wind now. gl
Gold Coast martin 14:54 GMT July 2, 2004
SYDNEY .gvm..i have been stopped in my aud shorts that i had between 6780 and 7078..still have aud shorts from 7785..may have to liquidate some to finance new assault ...same with euro and kiwi...still well ahead for the past 20 months..todays setback just a storm in a tea cup..if you dont have losses you loose reality of the market and possibly your edge....g/t..
Sydney gvm 14:48 GMT July 2, 2004
Gold Coast Martin - have you been stopped on all your positions?
Nottingham 13:41 GMT July 2, 2004
kiwi...key zone cleared opens way for drawing in remainder of inverted shs but will be o/b on approach of 6500 (aussie 7135)
loonie...conventionally o/s sub 3200...well documented trendline at 3225/30 key
euro...supply will appear at 2330-50 if seen before 6pm London otherwise can't vouch for it...gl gt
Sydney Alimin 12:54 GMT July 2, 2004
wow what a fireworks...congrats to all $ bears...i missed it though..oh well
what a start to a new month
pd cumino 12:11 GMT July 2, 2004
van Gecko 11:02 GMT July 2, 2004
Alternatively 3m 1m.
van Gecko 11:02 GMT July 2, 2004
pd cumino.. 2 months to 2 quarters, discretionary over-ride depending on the weekly underlying market dynamics.. whats yours?
pd cumino 10:41 GMT July 2, 2004
van Gecko 10:14 GMT July 2, 2004
What do you mean by m/t? 1w, 1m, 3m, 1y? TIA.
Dublin Flip 10:40 GMT July 2, 2004
No wuckers mate. I'm stepping out for a few hours before NFP casts it's spell. Groove on Van.
van Gecko 10:23 GMT July 2, 2004
Flip.. good to see you lurking the 'poor man's diversional playground'.. @_@
be lucky mate..
van Gecko 10:14 GMT July 2, 2004
Laowen.. good m/t trading opportunties are rare & few.. imo this recent Dollar correction within its long term down trend is presenting good trading values for m/t Dollar bears..
Dublin Flip 10:13 GMT July 2, 2004
Actually I'm sure he can defend himslef but I think van Gecko has been pretty good. Apart from suggesting buying 68c in oscar.....
van Gecko 10:15 GMT May 25, 2004
the market can be boring if you're waiting from one day to the next for a move & hoping to catch all of the 20 pip swings.
a 500 pip 1.22/1.17 market is not boring if you're trading an expanded time frame
It's not a competition between each other. It's a competition with yourself. Be lucky everyone.
Beijing Laowen 09:58 GMT July 2, 2004
van Gecko, you have been consistently a Dollar bear for these two months.
UAE Oil man 09:52 GMT July 2, 2004
Ya it's a hard time now with those ranges, AKA..
Even those who bought that 6837 gecko talks about it must have been hard not to take profits in the 7030 area and then watch it crash back to 6875 and hope it didnt take the stops....
So we gotta hope there's a trend starting out soon, cause so far anything is far from convincing..and hit and run 100-200 pips targets are still favored.
van Gecko 09:40 GMT July 2, 2004
Sydney Alimin 08:58 fyi
"09:34 GMT June 18, 2004
a good risk '30 pip piker stop' Aussie baby bull trade..
buy AUD/USD @ market (.6828) stop .6798
could paid 4 to 1 one day, 12 to 1 short term, & 28 to 1 mid term for patient Kangaroo long marchers..fwiw"
the payout is now 7 to 1..
however, if one is from the school of Discipline Long Marchers.. the target should be let open with trail stops & let the market tell you when to get out.. letting profits run is a difficult counter human behavior.. most do exactly the opposite..
"a herd of Donkeys can be lead to water.. but its up to the individual Donkey as to how much water it want to drink.."
Cairns Aussie 09:16 GMT July 2, 2004
Gold coast Martin 6.15 GMT...the chances of the AUD/USD hitting 0.6930 before the end of the NY session are about as fare fetched as you saying the AUD is a good buy.
Gold Coast martin 08:59 GMT July 2, 2004
The Kangaroo after grazing in the 7050-60 green field for 2 days is full and ready to be taken back to the 6950 less green field with the possibility of been quarantined in the barren 687 field in the next 3 days....g/t
Sydney Alimin 08:58 GMT July 2, 2004
van gecko, if u dont mind giving your price target for aud/usd long? just going long doesnt make sense to me as it can mean long for 1 pip or 100 pips or 1000 pips
van Gecko 08:48 GMT July 2, 2004
morning.. for the beneifit of our European friends who may had been in deep snoozz earlier..
"Aussi is now well supported by its crosses on this m/t merry go North leg..
m/t Dollar bulls who are feeling inadequate or may be suffering from that dreaded 'pip'less dysfunction' fx syndrome could try their luck & go 'Longz' among the Aud/Usd, Aud/Jpy, Aud/Nzd pairs.."
melbourne farmacia 03:26..
chart one to another lucky Kangaroo hop.. cheers..
UAE Oil man 08:14 GMT July 2, 2004
looks like the AUD$ is going to make another "recovery" towards 6950..
Gold Coast martin 06:15 GMT July 2, 2004
NEW YORK..it is easy to talk in hindsight but the last 2 days have all been good levels to short the aud...A good level to short right now would be 7035...with a short terget of 6970 with further potential of 6950 by end ogf todays ny trading..g/t
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