Gaining an Edge over the Forex game of Mind, Money, & Wealth
Thursday, December 16, 2004
jkt-aye 15:54 GMT December 16, 2004
Gecko...even your whistle sound nice to me. lol
dc fxq 15:50 GMT December 16, 2004
van Gecko 15:40 GMT
Jingling pockets, Jingling pockets,
All the way to the bank!
LoL
van Gecko 15:40 GMT December 16, 2004
Jkt-aye.. tough to change tunes on a dime these days.. can't compete with all those virtual quick change disc jockeys.. whats your favorite Christmas carol?
Jkt-aye 15:13 GMT December 16, 2004
Van Gecko ... I hear you still singing the same song recently. No ?
Bruxville Jim 15:09 GMT December 16, 2004
Rumours of possible intervention are supposed to be the reason for the sudden drop. Volume is said to have been huge. (Trusted sources, officially unconfimed though)
Sing GD 14:26 GMT December 16, 2004
Wow , go out for a bite and we are down a big figure , thk God for stops ..
van Gecko 14:02 GMT December 16, 2004
a little nudge from BOJ & their cronies here would go a long way to finish off those determined but one dimensional euro pushers..
van Gecko 07:19 GMT December 16, 2004
London.. major tops & bottoms are usually form in December & January for the following year or m/t period..
after climbing 5000+ pips over the last 4 years & 1200+ pips during the last 2 months the bookie odds are for some real money market moving elephants to place their m/t Euro bets next year on a major correction (or even a mult-year inflection slide) vs climbing another 700 pips up to 1.40 from here despite the latest screams & sensationalism over those 'triple deficit/dollar devaluation' stories..
for Euro to continue on a sustained m/t up move from here, it must have support from gold & its crosses.. a tough bull job under the present inter-market dynamics with eur/gbp already in a side to down correction, eur/jpy showing signs of retreat infront of a multi-year top, & gold in the middle of doing a Olympic medal size dive after failing to take out 455..
heres a neat snozzing idea for some sleepless traders :))
merry Christmas..
London. 18:37 GMT December 15, 2004
Van Gecko is you opinion Euro still in a correction mode - you may have finished for year already , but if your around appreciate your view .
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..
Gecko...even your whistle sound nice to me. lol
dc fxq 15:50 GMT December 16, 2004
van Gecko 15:40 GMT
Jingling pockets, Jingling pockets,
All the way to the bank!
LoL
van Gecko 15:40 GMT December 16, 2004
Jkt-aye.. tough to change tunes on a dime these days.. can't compete with all those virtual quick change disc jockeys.. whats your favorite Christmas carol?
Jkt-aye 15:13 GMT December 16, 2004
Van Gecko ... I hear you still singing the same song recently. No ?
Bruxville Jim 15:09 GMT December 16, 2004
Rumours of possible intervention are supposed to be the reason for the sudden drop. Volume is said to have been huge. (Trusted sources, officially unconfimed though)
Sing GD 14:26 GMT December 16, 2004
Wow , go out for a bite and we are down a big figure , thk God for stops ..
van Gecko 14:02 GMT December 16, 2004
a little nudge from BOJ & their cronies here would go a long way to finish off those determined but one dimensional euro pushers..
van Gecko 07:19 GMT December 16, 2004
London.. major tops & bottoms are usually form in December & January for the following year or m/t period..
after climbing 5000+ pips over the last 4 years & 1200+ pips during the last 2 months the bookie odds are for some real money market moving elephants to place their m/t Euro bets next year on a major correction (or even a mult-year inflection slide) vs climbing another 700 pips up to 1.40 from here despite the latest screams & sensationalism over those 'triple deficit/dollar devaluation' stories..
for Euro to continue on a sustained m/t up move from here, it must have support from gold & its crosses.. a tough bull job under the present inter-market dynamics with eur/gbp already in a side to down correction, eur/jpy showing signs of retreat infront of a multi-year top, & gold in the middle of doing a Olympic medal size dive after failing to take out 455..
heres a neat snozzing idea for some sleepless traders :))
merry Christmas..
London. 18:37 GMT December 15, 2004
Van Gecko is you opinion Euro still in a correction mode - you may have finished for year already , but if your around appreciate your view .
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
