Gaining an Edge over the Forex game of Mind, Money, & Wealth
Monday, November 27, 2006
van Gecko 14:35 GMT November 27, 2006
Oil man 13:51.. that's fine, there's no need to mention what you may had posted inside that exclusive GVI club now since most of us are only able to see what you choose to share here on the poor man's side..;)
("Cannes Oil man 18:18 GMT November 24, 2006
I still mainting $/CAD will go much further below (While E/CAD goes to 1.50)..And my yearly target (as posted in the newsletters) are all still valid : New lows in the US$ across the board.")
Cannes Oil man 13:51 GMT November 27, 2006
van Gecko 12:36 GMT November 27, 2006
Yes new lows across the board , but as posted on GVI , the CAD will not strengthen much(against the us$) , which is why as E$ moves up EUR/CAD will have a continued upside explosion..Same as NZD...As EUR/NZD moves up to the 2.10 (and gbp 3.10) targets , NZD$ will move up albeit very slowly.
As for targets just new lows is fine for the US$.
van Gecko 12:36 GMT November 27, 2006
Oil man 10:36.. thanks for the update.. since you are expecting EUR/CAD will reach 1.70 plus you are also expecting new LOWS for the US$ across the board on this run would you mind sharing your newsletter yearly targets for the majors with us?
Cannes Oil man 10:36 GMT November 27, 2006
van Gecko 05:05 GMT November 27, 2006
Morning,
Yes the break of 583 is buyfor gold , quite bearish before..But i don't see oil or gold increase in this run like previously...it's just a $ run..Meaning for exemple EUR/CAD will reach 1.70.
I personally don't get sticked to a view,otherwise i'd be shorting still e$ instead of longing from 1.25.
gl gt
(Cannes Oil man 18:18 GMT November 24, 2006
I still mainting $/CAD will go much further below (While E/CAD goes to 1.50)..And my yearly target (as posted in the newsletters) are all still valid : New lows in the US$ across the board.)
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..
Oil man 13:51.. that's fine, there's no need to mention what you may had posted inside that exclusive GVI club now since most of us are only able to see what you choose to share here on the poor man's side..;)
("Cannes Oil man 18:18 GMT November 24, 2006
I still mainting $/CAD will go much further below (While E/CAD goes to 1.50)..And my yearly target (as posted in the newsletters) are all still valid : New lows in the US$ across the board.")
Cannes Oil man 13:51 GMT November 27, 2006
van Gecko 12:36 GMT November 27, 2006
Yes new lows across the board , but as posted on GVI , the CAD will not strengthen much(against the us$) , which is why as E$ moves up EUR/CAD will have a continued upside explosion..Same as NZD...As EUR/NZD moves up to the 2.10 (and gbp 3.10) targets , NZD$ will move up albeit very slowly.
As for targets just new lows is fine for the US$.
van Gecko 12:36 GMT November 27, 2006
Oil man 10:36.. thanks for the update.. since you are expecting EUR/CAD will reach 1.70 plus you are also expecting new LOWS for the US$ across the board on this run would you mind sharing your newsletter yearly targets for the majors with us?
Cannes Oil man 10:36 GMT November 27, 2006
van Gecko 05:05 GMT November 27, 2006
Morning,
Yes the break of 583 is buyfor gold , quite bearish before..But i don't see oil or gold increase in this run like previously...it's just a $ run..Meaning for exemple EUR/CAD will reach 1.70.
I personally don't get sticked to a view,otherwise i'd be shorting still e$ instead of longing from 1.25.
gl gt
(Cannes Oil man 18:18 GMT November 24, 2006
I still mainting $/CAD will go much further below (While E/CAD goes to 1.50)..And my yearly target (as posted in the newsletters) are all still valid : New lows in the US$ across the board.)
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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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