Gaining an Edge over the Forex game of Mind, Money, & Wealth
Monday, September 12, 2005
lindau overcast 09:07 GMT September 12, 2005
van Gecko train goooooo!!!!!:
hope those transient crowds dont get lured off the train by various tempting leggies along the stations to northern usd territory til mid december.
"van Gecko 13:37 GMT June 30, 2005
SPIS PG & Prague viktor 10:21.. good day.. the decisive take out of 1.27/25 had flushed out & created doubts in Dollar bear camps of various size & temperments across the board.. the next major m/t attractor is down at 1.15/13.. below, its back down to the Parity/.98 zones.. that said, the present lopsided euro bear wagon with transient crowds of various size & shape calling for a straight line down to 1.17 could provide another window of opportunty for m/t bulls to bail & bears to load up at the 1.25/27 zones for the next m/t leg down to those major targets.."
USA Biscuit Boy 03:14 GMT September 12, 2005
Investing in dollarcad with 1.17 handle for a longer term trade with carry. Back later in the year....gl and gt.
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 train goooooo!!!!!:
hope those transient crowds dont get lured off the train by various tempting leggies along the stations to northern usd territory til mid december.
"van Gecko 13:37 GMT June 30, 2005
SPIS PG & Prague viktor 10:21.. good day.. the decisive take out of 1.27/25 had flushed out & created doubts in Dollar bear camps of various size & temperments across the board.. the next major m/t attractor is down at 1.15/13.. below, its back down to the Parity/.98 zones.. that said, the present lopsided euro bear wagon with transient crowds of various size & shape calling for a straight line down to 1.17 could provide another window of opportunty for m/t bulls to bail & bears to load up at the 1.25/27 zones for the next m/t leg down to those major targets.."
USA Biscuit Boy 03:14 GMT September 12, 2005
Investing in dollarcad with 1.17 handle for a longer term trade with carry. Back later in the year....gl and gt.
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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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