Gaining an Edge over the Forex game of Mind, Money, & Wealth
Tuesday, October 10, 2006
van Gecko 09:06 GMT October 10, 2006
hk ab 08:31.. IMM & online broker longs are increasing.. looks like classic bottom_picking_titist at prime..
Secret Island Bob 08:33.. all ma's are meant to be broken.. one should consider the dynamics behind the prevailing move instead of relying on indicators or ma's as some holy grail..
Secret Island Bob 08:33 GMT October 10, 2006
Van Gecko, do you EURUSD gravity about the 200MA (day)?
hk ab 08:31 GMT October 10, 2006
Gecko, your view on yen and gold pls. tia
van Gecko 08:27 GMT October 10, 2006
"12:49 GMT October 6, 2006
euroo ready to say byebye to 1.26.."
next leg setting up nicely for a gravity induced bull flush down to 1.2388..
euro @1.2585
Secret Island Bob 08:03 GMT October 10, 2006
good and happy morning,
JPY nears the upper band of BC 2006 range, I think that most of us realized that most cases going about the one who is saying and when said ... therefore, USDJPY sell around 120 area and EURUSD buy at the same time with also buy spicy GOLD at the same time should make the rest of 2006 to sail with the right boat ... it's again a good chance to ventilate my hat, hats off BC
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 ab 08:31.. IMM & online broker longs are increasing.. looks like classic bottom_picking_titist at prime..
Secret Island Bob 08:33.. all ma's are meant to be broken.. one should consider the dynamics behind the prevailing move instead of relying on indicators or ma's as some holy grail..
Secret Island Bob 08:33 GMT October 10, 2006
Van Gecko, do you EURUSD gravity about the 200MA (day)?
hk ab 08:31 GMT October 10, 2006
Gecko, your view on yen and gold pls. tia
van Gecko 08:27 GMT October 10, 2006
"12:49 GMT October 6, 2006
euroo ready to say byebye to 1.26.."
next leg setting up nicely for a gravity induced bull flush down to 1.2388..
euro @1.2585
Secret Island Bob 08:03 GMT October 10, 2006
good and happy morning,
JPY nears the upper band of BC 2006 range, I think that most of us realized that most cases going about the one who is saying and when said ... therefore, USDJPY sell around 120 area and EURUSD buy at the same time with also buy spicy GOLD at the same time should make the rest of 2006 to sail with the right boat ... it's again a good chance to ventilate my hat, hats off BC
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
