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Friday, October 26, 2007

van Gecko 04:10 GMT October 26, 2007
hello FW CS.. hope you're fine.. thanks for sharing your views & your care.. I am fine, just not posting as much after 96 moons in GV & 180 moons in the market.. there's nothing wrong with good risk adjusted contra bets at/near major market levels as long as risk & exposures are managed properly.. fortune favors the disciplined brave..
On the other hand, cheering in hindsight, or getting the direction right with foresight does not make a better position or day trader if that thing between the ears is not right for this business.. euro can go up to the moon, but you are only barking up the wrong fx tree if one talk & trade with the same mindset like the transient majority..
gl

FW CS 16:17 GMT October 25, 2007
hk ab 15:51 GMT October 25, 2007
I wonder if Gecko got wiped out? As he kept calling for a Euro top at 1.28, 1.30, 1.36. But especially 1.28. Hope I am wrong as I miss his postings

hk ab 15:51 GMT October 25, 2007
CS, I also wonder where GC Martin and Gecko.
Gecko, has the roller coaster on gold front waived?

FW CS 15:47 GMT October 25, 2007
I wonder where EU Zorro went with his calls to buy Euro all the time

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Monday, October 22, 2007

van Gecko 15:31 GMT October 22, 2007
Subject:
HK Kevin 13:28.. hope you're fine.. thanks for sharing your view on the recent move by Eur/Jpy..
imo Usd/Jpy having retraced to the low end of its 2 month range while the Euro is well supported above 1.41 by monemtum bulls after today's 2 figure correction. so from here Eur/Jpy could be the double beneficiary by default should Usd/Jpy and/or Euro consolidate in a side to up fashion back towards their recent highs.. gl
Eur/Jpy @160.50


HK Kevin 13:28 GMT October 22, 2007
Subject:
van Gecko 04:16 GMT, kindly share your expert advice on why EUR/JPY is a buy for position traders in daily and 4-hr chart.
I see it an opportunity for proift taking when it was blocked near 167.80 twice last week. Personally, I still hold a stop sell position from 164.70.

van Gecko 04:16 GMT October 22, 2007
Subject:
Sofia Kaprikorn 23:24.. Eur/Jpy from a technical position trader's prespective is now a buy on substantial corrections on the 4hr & daily charts with adjusted risks to re-target its recent highs.. imo some of those common indicators you mentioned may be used with limit success on a ranging market but are next to useless when the market is trending on the higher time frames.. for position trades, try to watch the slope of the 21, 50, & 200 ma's on the higher time frames and learn to buy/sell on substanial corrections to those rising/falling ma with adjusted risk to suit one's trading temperament & capital.. simplicity & trading with good risk adjusted odds may not be mutually exclusive for positional trading..
gl..


Alaska Moon 02:42 GMT October 22, 2007
van Gecko 02:39 GMT October 22, 2007
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Thank you !! Still watching !!
Moon

van Gecko 02:39 GMT October 22, 2007
//Alaska Moon 00:32 GMT October 22, 2007//
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well done Moon.. you may be an honest exception among all those barking in hindsight, or with foresight but lack the counter human mindset to survive & make some money in this biz.. ;)


Alaska Moon 00:32 GMT October 22, 2007
van Gecko 00:13 GMT October 22, 2007
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Here is my take.....If the present trend, say for 2 weeks is the same as the trend going back for more than a year....that suits me.
BUT...I have traded EUR/US long for maybe 4 months very sucessfully and now
I am not too comfortable up here at this level....I am flat right now and....THINKING !! LOL
Moon


van Gecko 00:13 GMT October 22, 2007
getting the direction right does not make a better position or day trader if that thing between the ears is not right in this biz.. euro can go up to the moon, but you are only barking up the wrong fx tree if one talk & trade with the same mindset like the majority.. fwiwW..

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