Gaining an Edge over the Forex game of Mind, Money, & Wealth
Thursday, January 18, 2007
van Gecko 08:19 GMT January 18, 2007
jkt-aye.. imo GBP & cousin Euro is living on "borrowed time' up here off their crosses giving good risk reload opportunities for her majesty's m/t players..
"09:29 GMT December 14, 2006
GBP at these levels may represent a rare limited window of opportunity for mid & long term players to sell at levels not seen for the last decade & may not be seen again for the next decade to come.. a Sell & Snooze theme for the next 10 to 25 years.. and where her majesty go, cousin Euro & others will follow like Pavlov's dogs for they all dance in a macro same direction vs the Dollar with lead lag steps.."
GBP @1.9775 Euro @1.2970
jkt-aye 07:41 GMT January 18, 2007
Hello Gecko, how do you see the dancing queen this time? tia
van Gecko 07:31 GMT January 18, 2007
Makassar Alimin.. above 121.38, it could be mayhem in Geisha Street with the Dollar "Slinging" up another yen to 122.38 in a flash..
as for "fish", they come in various size & temperament in this cesspool, most dance with a risky "left foot" & possess an uncanny fx knack for swimming against the tide..
Makassar Alimin 04:57 GMT January 18, 2007
agree Gecko, i am looking at 121 today
van Gecko 04:23 GMT January 18, 2007
the real show is yet to come..
fishes are short with the majority swimming below 119.. more squeeze to come..
Makassar Alimin 04:19 GMT January 18, 2007
is this it? we have been anxiously waiting for so long LOL...totally disappointing impact
Usd/Jpy @120.70
Syd 04:07 GMT January 18, 2007
BOJ Board Vote Split For 1st Time Since March 9, 2006
BOJ Board Voted 6-3 To Leave Policy Unchanged
BOJ Board Votes To Leave Monetary Policy Unchanged
hong kong nt 03:41 GMT January 18, 2007
USD/JPY -- MAXIMUM causalities if there is no hike and USD/JPY dive rapidly from 120...
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..
jkt-aye.. imo GBP & cousin Euro is living on "borrowed time' up here off their crosses giving good risk reload opportunities for her majesty's m/t players..
"09:29 GMT December 14, 2006
GBP at these levels may represent a rare limited window of opportunity for mid & long term players to sell at levels not seen for the last decade & may not be seen again for the next decade to come.. a Sell & Snooze theme for the next 10 to 25 years.. and where her majesty go, cousin Euro & others will follow like Pavlov's dogs for they all dance in a macro same direction vs the Dollar with lead lag steps.."
GBP @1.9775 Euro @1.2970
jkt-aye 07:41 GMT January 18, 2007
Hello Gecko, how do you see the dancing queen this time? tia
van Gecko 07:31 GMT January 18, 2007
Makassar Alimin.. above 121.38, it could be mayhem in Geisha Street with the Dollar "Slinging" up another yen to 122.38 in a flash..
as for "fish", they come in various size & temperament in this cesspool, most dance with a risky "left foot" & possess an uncanny fx knack for swimming against the tide..
Makassar Alimin 04:57 GMT January 18, 2007
agree Gecko, i am looking at 121 today
van Gecko 04:23 GMT January 18, 2007
the real show is yet to come..
fishes are short with the majority swimming below 119.. more squeeze to come..
Makassar Alimin 04:19 GMT January 18, 2007
is this it? we have been anxiously waiting for so long LOL...totally disappointing impact
Usd/Jpy @120.70
Syd 04:07 GMT January 18, 2007
BOJ Board Vote Split For 1st Time Since March 9, 2006
BOJ Board Voted 6-3 To Leave Policy Unchanged
BOJ Board Votes To Leave Monetary Policy Unchanged
hong kong nt 03:41 GMT January 18, 2007
USD/JPY -- MAXIMUM causalities if there is no hike and USD/JPY dive rapidly from 120...
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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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