Gaining an Edge over the Forex game of Mind, Money, & Wealth
Thursday, April 20, 2006
van Gecko 16:31 GMT April 20, 2006
hong kong nt 16:05.. contrary to the preception of newbies or wannabies, "one size does not fit all" in this biz.. winning or losing in this game is not about entry/exit levels.. its how you play the game that will determine your chance for survival & take some real money from the market over time..
gl.
hong kong nt 16:05 GMT April 20, 2006
van Gecko 15:29 GMT April 20, 2006
I don't mind to be either a bull or a bear. I just don't like to be a losing bull or a losing bear. Very nice if you may share with us some trades with entry/exit levels..
HK Kevin 15:46 GMT April 20, 2006
van Gecko 15:29 GMT, agree with your view on EUR/CHF. Ist sign of EUR warning if EUR/CHF close today above 1.5750
van Gecko 15:29 GMT April 20, 2006
the market dynamics had changed.. being a Son Of Beatrice $bear today may risk h'i$$ing pips into the wind with 'tight stops'.. or risk of ruin if you have no stops..
hong kong nt 15:31 GMT April 20, 2006
REVDAX -- lucky me, hear some C9 turning long today and calling for 1.81, double slap..
GBP -- exit some more around 1.790 line..
hong kong nt 15:22 GMT April 20, 2006
GOLD -- forget to post heavy C9 cutloss this morning in Asia and talk about possibility of 700..
sa 14:03 GMT April 20, 2006
gold heading down with a stone attached to its bottom.
van Gecko 13:12 GMT April 20, 2006
London 12:55.. my 'Crystal Ball' is saying Eur/Chf's near term correction is done and now heading back up to the 1.58/60 high grounds..:))
London Crystal Ball 12:55 GMT April 20, 2006
It looks EurUsd well defended around 1.2310/00, but some divergence noted. EurChf waiting 1.5712 as first support to be met later on. If not a prolonged slide to develop, but at a small risk. Slow beginning today.
van Gecko 11:30 GMT April 20, 2006
Watch those Dollar paper profits before they are h'i$$ed into the wind..
Cheerios..
Oxford Headmaster 11:23 GMT April 20, 2006
we were not wrong, just having some floating negative number.
Sydney ACC 10:46 GMT April 20, 2006
The quote by Mark Twain may also be attributed to the USD:
"The rumours of my death have been greatly exagerated"
Amman/Riyadh H. A. 10:43 GMT April 20, 2006
any clue why this sudden nose down for the euro & cable?
van Gecko 07:18 GMT April 20, 2006
QDN index at prime time again!
across the board concensus for Lower Dollar..
Wednesday April 19, 2006 FOREX Headlines:
-Dollar hits 7-month low vs euro on rate pause view
-Market So Bearish Dollars that Even Higher CPI Numbers Fail to Halt Its Slide
-IMF WEO Calls For Lower Dollar, Should We Care?
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..
hong kong nt 16:05.. contrary to the preception of newbies or wannabies, "one size does not fit all" in this biz.. winning or losing in this game is not about entry/exit levels.. its how you play the game that will determine your chance for survival & take some real money from the market over time..
gl.
hong kong nt 16:05 GMT April 20, 2006
van Gecko 15:29 GMT April 20, 2006
I don't mind to be either a bull or a bear. I just don't like to be a losing bull or a losing bear. Very nice if you may share with us some trades with entry/exit levels..
HK Kevin 15:46 GMT April 20, 2006
van Gecko 15:29 GMT, agree with your view on EUR/CHF. Ist sign of EUR warning if EUR/CHF close today above 1.5750
van Gecko 15:29 GMT April 20, 2006
the market dynamics had changed.. being a Son Of Beatrice $bear today may risk h'i$$ing pips into the wind with 'tight stops'.. or risk of ruin if you have no stops..
hong kong nt 15:31 GMT April 20, 2006
REVDAX -- lucky me, hear some C9 turning long today and calling for 1.81, double slap..
GBP -- exit some more around 1.790 line..
hong kong nt 15:22 GMT April 20, 2006
GOLD -- forget to post heavy C9 cutloss this morning in Asia and talk about possibility of 700..
sa 14:03 GMT April 20, 2006
gold heading down with a stone attached to its bottom.
van Gecko 13:12 GMT April 20, 2006
London 12:55.. my 'Crystal Ball' is saying Eur/Chf's near term correction is done and now heading back up to the 1.58/60 high grounds..:))
London Crystal Ball 12:55 GMT April 20, 2006
It looks EurUsd well defended around 1.2310/00, but some divergence noted. EurChf waiting 1.5712 as first support to be met later on. If not a prolonged slide to develop, but at a small risk. Slow beginning today.
van Gecko 11:30 GMT April 20, 2006
Watch those Dollar paper profits before they are h'i$$ed into the wind..
Cheerios..
Oxford Headmaster 11:23 GMT April 20, 2006
we were not wrong, just having some floating negative number.
Sydney ACC 10:46 GMT April 20, 2006
The quote by Mark Twain may also be attributed to the USD:
"The rumours of my death have been greatly exagerated"
Amman/Riyadh H. A. 10:43 GMT April 20, 2006
any clue why this sudden nose down for the euro & cable?
van Gecko 07:18 GMT April 20, 2006
QDN index at prime time again!
across the board concensus for Lower Dollar..
Wednesday April 19, 2006 FOREX Headlines:
-Dollar hits 7-month low vs euro on rate pause view
-Market So Bearish Dollars that Even Higher CPI Numbers Fail to Halt Its Slide
-IMF WEO Calls For Lower Dollar, Should We Care?
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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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