Gaining an Edge over the Forex game of Mind, Money, & Wealth
Tuesday, July 31, 2007
van Gecko 12:02 GMT July 31, 2007
hk revdax 10;41.. hope you are fine..
while some young baby bear guns are eager to dive in & drill the dollar further into the ground near multi-decade lows, those of us who have cut their teeth in this cesspool may swim in the pool with a different prespective.. simplicity & longevity may be collectively exhaustive in fx.. cheers
Monaco Oil man 10:53 GMT July 31, 2007
US$ readying for Downleg 3 (See previous june and july)...
Still a good Sell on blips , no change to the US$ , apart the recent blip gives more enthusiasm to the bottom pickers.
GT.
hk revdax 10:41 GMT July 31, 2007
van Gecko 09:48 //How are you doing? I do feel too that the long stepped-upon US$, which to many is still drilling a hole on the ground, is coming back for some distance of retracement.
van Gecko 09:48 GMT July 31, 2007
"the rules of engagement for further Dollar weakness below Index 81/80 may be quite different from the previous 5 year "bear walk in the park" inside the 120/80 historical bands.."
Looks like some mid to long term money plus sovereign bids are taking advantage of this multi-decade window of opportunity to buy some dollars for another multi-year run.. markets (forex, metals & indices) are at levels which some of us may not be seen again in their trading career..
life is good.. be happy.. fx'ing summer days are here again..
cheerios..
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..
hk revdax 10;41.. hope you are fine..
while some young baby bear guns are eager to dive in & drill the dollar further into the ground near multi-decade lows, those of us who have cut their teeth in this cesspool may swim in the pool with a different prespective.. simplicity & longevity may be collectively exhaustive in fx.. cheers
Monaco Oil man 10:53 GMT July 31, 2007
US$ readying for Downleg 3 (See previous june and july)...
Still a good Sell on blips , no change to the US$ , apart the recent blip gives more enthusiasm to the bottom pickers.
GT.
hk revdax 10:41 GMT July 31, 2007
van Gecko 09:48 //How are you doing? I do feel too that the long stepped-upon US$, which to many is still drilling a hole on the ground, is coming back for some distance of retracement.
van Gecko 09:48 GMT July 31, 2007
"the rules of engagement for further Dollar weakness below Index 81/80 may be quite different from the previous 5 year "bear walk in the park" inside the 120/80 historical bands.."
Looks like some mid to long term money plus sovereign bids are taking advantage of this multi-decade window of opportunity to buy some dollars for another multi-year run.. markets (forex, metals & indices) are at levels which some of us may not be seen again in their trading career..
life is good.. be happy.. fx'ing summer days are here again..
cheerios..
Labels: USD
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
