Gaining an Edge over the Forex game of Mind, Money, & Wealth
Thursday, October 07, 2004
van Gecko 07:14 GMT October 7, 2004
hk mom.. good trades.. plenty of pips to be have for all papa & mama bears when this multi month consolidation end.. stay cool, try snoozing with one eye open.. @_^
Cable 1/2 session turning point in play.. lower time frame indicator 'saturations' now affords buy on dips opportunities depending on one's greed/fear appetite..
hk mom 04:30 GMT October 7, 2004
Gecko, tks so much, aussie and euro are in good pips now.
van Gecko 02:46 GMT October 7, 2004
the CRB Index, the global benchmark for measuring commodity price movement is on the verge of saying good bye to its 6 month seasonal consolidation..
the break over 285 is another all time high.. with 280 as the new baseline the Index could be marching up to 320 over the m/t..
a similar seasonal breakout over 250 last October pushed the Euro & the commodity trios (Aussie, Kiwi & Cad) up to new heights..
noisy ducks pushed the QDN index for her Majesty GBP up over 10 this week, a 50db drop now in the cards..
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..
hk mom.. good trades.. plenty of pips to be have for all papa & mama bears when this multi month consolidation end.. stay cool, try snoozing with one eye open.. @_^
Cable 1/2 session turning point in play.. lower time frame indicator 'saturations' now affords buy on dips opportunities depending on one's greed/fear appetite..
hk mom 04:30 GMT October 7, 2004
Gecko, tks so much, aussie and euro are in good pips now.
van Gecko 02:46 GMT October 7, 2004
the CRB Index, the global benchmark for measuring commodity price movement is on the verge of saying good bye to its 6 month seasonal consolidation..
the break over 285 is another all time high.. with 280 as the new baseline the Index could be marching up to 320 over the m/t..
a similar seasonal breakout over 250 last October pushed the Euro & the commodity trios (Aussie, Kiwi & Cad) up to new heights..
noisy ducks pushed the QDN index for her Majesty GBP up over 10 this week, a 50db drop now in the cards..
Comments:
Post a Comment
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..
Archives
- 12/2000
- 06/2001
- 12/2001
- 06/2002
- 09/2002
- 12/2002
- 01/2003
- 02/2003
- 03/2003
- 04/2003
- 05/2003
- 06/2003
- 07/2003
- 08/2003
- 09/2003
- 11/2003
- 12/2003
- 01/2004
- 02/2004
- 03/2004
- 04/2004
- 05/2004
- 06/2004
- 07/2004
- 08/2004
- 09/2004
- 10/2004
- 11/2004
- 12/2004
- 01/2005
- 02/2005
- 03/2005
- 04/2005
- 05/2005
- 06/2005
- 08/2005
- 09/2005
- 10/2005
- 11/2005
- 12/2005
- 01/2006
- 02/2006
- 03/2006
- 04/2006
- 05/2006
- 06/2006
- 07/2006
- 08/2006
- 09/2006
- 10/2006
- 11/2006
- 12/2006
- 01/2007
- 02/2007
- 03/2007
- 04/2007
- 05/2007
- 06/2007
- 07/2007
- 08/2007
- 10/2007
- 11/2007
- 12/2007
- 01/2008
- 02/2008
- 04/2008
- 05/2008
- 06/2008
- 07/2008
- 08/2008
- 09/2008
- 10/2008
- 12/2008
- 01/2009
- 02/2009
- 04/2009
- 05/2009
- 09/2009
- 10/2009
- 11/2009
- 12/2009
- 02/2010
- 04/2010
- 05/2010
- 07/2010
- 08/2010
- 09/2010
- 10/2010
- 12/2010
- 01/2011
- 03/2011
- 08/2011
- 09/2011
- 10/2011
- 11/2011
- 12/2011
- 01/2012
- 02/2012
- 04/2012
- 05/2012
- 06/2012
- 09/2012
- 10/2012
- 11/2012
- 04/2013
- 12/2013
