Gaining an Edge over the Forex game of Mind, Money, & Wealth
Wednesday, July 19, 2006
Athens 13:29 GMT July 19, 2006
"On the big picture the fact that the long term SHS formations stay in place for EUR/$ (and cable) is a fair enough reason to say that the USD long term bottoming pattern has not been violated....I personally feel that we still are in the process of the long term correction of the 2002-2005 megatrend...If you press me hard for my feeling, I would choose the USD upside as a medium/longer term direction..."
van Gecko 03:07 GMT July 19, 2006
Bris rc 00:26.. Cable is enjoying a temporary reprive via its crosses.. a sustained dive below 1.25 by cousin euro or adjustments in the crosses should see the eccentric old fella follow the merry go south path of least resistance.. gl
Las Vegas Jon 00:36.. so true.. trying to out-smart the market & constantly spitting out one liner pea shot observations may be good for fun & game playing only as there is a palpable difference between those who have cut their teeth in this cesspool and those that sings to impress other fools..
good rolls..:)
Miami OMIL (/;-> 01:14.. I am fine, having lotsa fun riding the Bulega induced waves lately.. :)
thanks for your views..
Miami OMIL (/;-> 01:14 GMT July 19, 2006
Tallinn viies 22:46 GMT July 18, 2006
LOL so true.
van Gecko 23:35 GMT July 18, 2006
This has been the burning point for the eur/usd pair buddy. I hope you are well. Peace and GT
Las Vegas Jon 00:36 GMT July 19, 2006
van Gecko 23:35 GMT July 18, 2006
Way to stick to your guns! Scuba dives and Marlin sashimi SOB butter rolls has been an effective theme- GT! :-))
Bris rc 00:26 GMT July 19, 2006
van Gecko 23:35 GMT // What is your view on Cable ?
yesterday's action is a bit disturbing......
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..
"On the big picture the fact that the long term SHS formations stay in place for EUR/$ (and cable) is a fair enough reason to say that the USD long term bottoming pattern has not been violated....I personally feel that we still are in the process of the long term correction of the 2002-2005 megatrend...If you press me hard for my feeling, I would choose the USD upside as a medium/longer term direction..."
van Gecko 03:07 GMT July 19, 2006
Bris rc 00:26.. Cable is enjoying a temporary reprive via its crosses.. a sustained dive below 1.25 by cousin euro or adjustments in the crosses should see the eccentric old fella follow the merry go south path of least resistance.. gl
Las Vegas Jon 00:36.. so true.. trying to out-smart the market & constantly spitting out one liner pea shot observations may be good for fun & game playing only as there is a palpable difference between those who have cut their teeth in this cesspool and those that sings to impress other fools..
good rolls..:)
Miami OMIL (/;-> 01:14.. I am fine, having lotsa fun riding the Bulega induced waves lately.. :)
thanks for your views..
Miami OMIL (/;-> 01:14 GMT July 19, 2006
Tallinn viies 22:46 GMT July 18, 2006
LOL so true.
van Gecko 23:35 GMT July 18, 2006
This has been the burning point for the eur/usd pair buddy. I hope you are well. Peace and GT
Las Vegas Jon 00:36 GMT July 19, 2006
van Gecko 23:35 GMT July 18, 2006
Way to stick to your guns! Scuba dives and Marlin sashimi SOB butter rolls has been an effective theme- GT! :-))
Bris rc 00:26 GMT July 19, 2006
van Gecko 23:35 GMT // What is your view on Cable ?
yesterday's action is a bit disturbing......
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
