Gaining an Edge over the Forex game of Mind, Money, & Wealth
Friday, January 19, 2007
jkt-aye 10:42 GMT January 19, 2007
Gecko.... thanks for your help.
van Gecko 08:12 GMT January 19, 2007
good inter-market set-up for the Dollar to repeat the Jan 3rd move.. her majesty could be the leader of the pack here.. cousin Euro & others will follow like Pavlov's dogs..
GBP @1.9750 Euro @1.2980
Cannes Oil man 06:03 GMT January 19, 2007
1. after consolidation,euro goes up..
2 80% fish long usd..
yesterday i said david vs goliath, and it keeps on the same way , cb +smart money buy euro , specs sell it in force , has been going on for a week now..outcome generally ends up against specs, in real life goliath wins.
3-as i've been saying for weeks, cb's still need to get out of us$ into other currencies(euro,gbp, and probably other smaller crosses will be supported)...Nothing as changed fundamentally to support US$ really with further gains but profit taking from smart money done at the start of the year.
4-Chart wise only above 1.3030 today will euro be a good buy for 1.34..(gbp still strong buy for 2.0 as said week ago).
we will see where it closes today , though there hasn't been a strong dollar down friday since the start of the year..Full moon is always good for trend changes , today looks like a good day.
gl
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..
Gecko.... thanks for your help.
van Gecko 08:12 GMT January 19, 2007
good inter-market set-up for the Dollar to repeat the Jan 3rd move.. her majesty could be the leader of the pack here.. cousin Euro & others will follow like Pavlov's dogs..
GBP @1.9750 Euro @1.2980
Cannes Oil man 06:03 GMT January 19, 2007
1. after consolidation,euro goes up..
2 80% fish long usd..
yesterday i said david vs goliath, and it keeps on the same way , cb +smart money buy euro , specs sell it in force , has been going on for a week now..outcome generally ends up against specs, in real life goliath wins.
3-as i've been saying for weeks, cb's still need to get out of us$ into other currencies(euro,gbp, and probably other smaller crosses will be supported)...Nothing as changed fundamentally to support US$ really with further gains but profit taking from smart money done at the start of the year.
4-Chart wise only above 1.3030 today will euro be a good buy for 1.34..(gbp still strong buy for 2.0 as said week ago).
we will see where it closes today , though there hasn't been a strong dollar down friday since the start of the year..Full moon is always good for trend changes , today looks like a good day.
gl
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
