Gaining an Edge over the Forex game of Mind, Money, & Wealth
Friday, June 29, 2007
Monaco Oil man 13:35 GMT June 29, 2007
van Gecko 13:04 GMT June 29, 2007
"he who leveraged gold at 27 year highs may find happiness and piece of earth" - ConfuScius
L.O.L..
Guess the guy at Amaranth took that to the letter..
van Gecko 13:04 GMT June 29, 2007
re. "gold rocket"
the "gold rocket" giving up half of it's year range after another failure to take out 700 must regain weekly 660 fast or risk turning into an "iraqi scud" heading for 615 & the year lows.. with 1/2 year now gone, the onus is on momentum goldies to extend the yearly range above the 27 year highs or risk a range ratchet below 600 to regroup for another shot at 1000..
"he who leveraged gold at 27 year highs may find happiness and piece of earth" - ConfuScius
van Gecko 13:04 GMT June 29, 2007
"he who leveraged gold at 27 year highs may find happiness and piece of earth" - ConfuScius
L.O.L..
Guess the guy at Amaranth took that to the letter..
van Gecko 13:04 GMT June 29, 2007
re. "gold rocket"
the "gold rocket" giving up half of it's year range after another failure to take out 700 must regain weekly 660 fast or risk turning into an "iraqi scud" heading for 615 & the year lows.. with 1/2 year now gone, the onus is on momentum goldies to extend the yearly range above the 27 year highs or risk a range ratchet below 600 to regroup for another shot at 1000..
"he who leveraged gold at 27 year highs may find happiness and piece of earth" - ConfuScius
Labels: Gold
Wednesday, June 27, 2007
climbing 金山..
the Gold mountain, 1980-2007
the Gold mountain, 1980-2007
Friday, June 08, 2007
Uranus$ gone wild..
Tuesday, June 05, 2007
van Gecko 15:12 GMT June 5, 2007
" 13:21 GMT June 29, 2004
$Cad testing the crucial 1.34 neckline again with modified back to back Weekly Sell Fractals..
below is a 4 figure dive down to 1.30 before any significant support from m/t Dollar bulls..
m/t Dollar bears could see the Aussi Kangaroo doing some fast catching up with the great Canadian Geese now opening a big lead on their L/T race to Parity.. "
now only 500 pips to Parity..
last one to join the $Cad Parity club could win a free trip to Timbuktu..
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..
" 13:21 GMT June 29, 2004
$Cad testing the crucial 1.34 neckline again with modified back to back Weekly Sell Fractals..
below is a 4 figure dive down to 1.30 before any significant support from m/t Dollar bulls..
m/t Dollar bears could see the Aussi Kangaroo doing some fast catching up with the great Canadian Geese now opening a big lead on their L/T race to Parity.. "
now only 500 pips to Parity..
last one to join the $Cad Parity club could win a free trip to Timbuktu..
Labels: USDCAD
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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