Gaining an Edge over the Forex game of Mind, Money, & Wealth
Thursday, January 11, 2007
NY RP 15:57 GMT January 11, 2007
Front row seats to Dollar bull party. I must say I am surprised, but with all the negativity in the Dollar a move like this is warranted.
Gecko is the man and what a wonderful call. GL
saloniko nk 15:52 GMT January 11, 2007
Van Gecko..
Happy N.Year....healthy and Lucky...
nk
Makassar Alimin 15:43 GMT January 11, 2007
van Gecko 15:34 GMT January 11, 2007
well done Gecko, you were just absolutely correct with euro 1.2888 when others were calling for 1.36, how i wish i had patience and "sight" like you have in this forex sea, good trades!
van Gecko 15:34 GMT January 11, 2007
Bingo! after 1.2888, 1.2788 is within the new year train's ATR..
van Gecko 15:12 GMT January 11, 2007
barking or not, their repective currencies are indeed vely nice new year dogs..
PAR 15:01 GMT January 11, 2007
ECB and BOJ are very similar. Both barking dogs which dont bite .
van Gecko 14:53 GMT January 11, 2007
1.2888 is the butter with 1.2738 being the meat..
van Gecko 14:19 GMT January 11, 2007
Usd/Jpy above 120.. the Euroo now 40 pips from lucky 1.2888.. looks like some of those 'Dollar Bear Brigade' members are rushing to be head of the Dollar Bull class after their lesson from 2004..
manchester.. better odds for the Dollar to 'zoom' up to 1.24 then down to 1.14..
manchester 13:54 GMT January 11, 2007
thanks, Im short 11750-60. hoping it zooms down
Cannes Oil man 13:47 GMT January 11, 2007
1.1810 (the daily double top).
manchester 13:42 GMT January 11, 2007
van Gecko, can u advise a resistance level on $/CAD
van Gecko 13:39 GMT January 11, 2007
Chicago bulls loves Dollar/Canada! ;))
manchester 13:33 GMT January 11, 2007
any opinions on USD/CAD, will this break 118?
Cannes Oil man 11:51 GMT January 11, 2007
I see $/CAD still going DOWN..It's been trying to do so for awhile now, with enormous pressure building up on the downside stops..
The moment it does it will be fast and furious.
If however e$ does not find the bottom today, chances are high that it stays relatively stable (like in the past few days).
van Gecko 10:55 GMT January 11, 2007
121+ in the Dollar's new year sight..
Usd/Jpy Singapore Sling @1/11
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..
Front row seats to Dollar bull party. I must say I am surprised, but with all the negativity in the Dollar a move like this is warranted.
Gecko is the man and what a wonderful call. GL
saloniko nk 15:52 GMT January 11, 2007
Van Gecko..
Happy N.Year....healthy and Lucky...
nk
Makassar Alimin 15:43 GMT January 11, 2007
van Gecko 15:34 GMT January 11, 2007
well done Gecko, you were just absolutely correct with euro 1.2888 when others were calling for 1.36, how i wish i had patience and "sight" like you have in this forex sea, good trades!
van Gecko 15:34 GMT January 11, 2007
Bingo! after 1.2888, 1.2788 is within the new year train's ATR..
van Gecko 15:12 GMT January 11, 2007
barking or not, their repective currencies are indeed vely nice new year dogs..
PAR 15:01 GMT January 11, 2007
ECB and BOJ are very similar. Both barking dogs which dont bite .
van Gecko 14:53 GMT January 11, 2007
1.2888 is the butter with 1.2738 being the meat..
van Gecko 14:19 GMT January 11, 2007
Usd/Jpy above 120.. the Euroo now 40 pips from lucky 1.2888.. looks like some of those 'Dollar Bear Brigade' members are rushing to be head of the Dollar Bull class after their lesson from 2004..
manchester.. better odds for the Dollar to 'zoom' up to 1.24 then down to 1.14..
manchester 13:54 GMT January 11, 2007
thanks, Im short 11750-60. hoping it zooms down
Cannes Oil man 13:47 GMT January 11, 2007
1.1810 (the daily double top).
manchester 13:42 GMT January 11, 2007
van Gecko, can u advise a resistance level on $/CAD
van Gecko 13:39 GMT January 11, 2007
Chicago bulls loves Dollar/Canada! ;))
manchester 13:33 GMT January 11, 2007
any opinions on USD/CAD, will this break 118?
Cannes Oil man 11:51 GMT January 11, 2007
I see $/CAD still going DOWN..It's been trying to do so for awhile now, with enormous pressure building up on the downside stops..
The moment it does it will be fast and furious.
If however e$ does not find the bottom today, chances are high that it stays relatively stable (like in the past few days).
van Gecko 10:55 GMT January 11, 2007
121+ in the Dollar's new year sight..
Usd/Jpy Singapore Sling @1/11
Comments:
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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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