Gaining an Edge over the Forex game of Mind, Money, & Wealth
Thursday, November 29, 2007
van Gecko 04:54 GMT November 29, 2007
hello jkt-aye.. hope you are fine.. her majesty GBP getting a head start on the Conti cousin's Merry Go South holiday with that big breakdown gap from historic highs.. not to be out done, cousin Euro is doing a delayed catch down act but could take over the lead with Eur/GBP starting its year end correction from multi-year highs..
gl
jkt-aye 04:22 GMT November 29, 2007
hello Gecko, long time no see. any new chop2 recipe ? good trades
Lahore FM 03:58 GMT November 29, 2007
agree with you Gecko.
van Gecko 03:54 GMT November 29, 2007
Japanese Crosses looking heavy despite Asian stocks gapping 3% above yesterday's closes.. could see a nice intraday gap slap across the board with Range & Positional players reloading here at the 3 week range highs under the shadows of Weekly, Monthly, & Quarterly side to down bias from historic highs..fwiwW
Nikki @15,500 Heng Seng @28,500 Usd/Jpy @110.25 Eur/Jpy @163.60
hello jkt-aye.. hope you are fine.. her majesty GBP getting a head start on the Conti cousin's Merry Go South holiday with that big breakdown gap from historic highs.. not to be out done, cousin Euro is doing a delayed catch down act but could take over the lead with Eur/GBP starting its year end correction from multi-year highs..
gl
jkt-aye 04:22 GMT November 29, 2007
hello Gecko, long time no see. any new chop2 recipe ? good trades
Lahore FM 03:58 GMT November 29, 2007
agree with you Gecko.
van Gecko 03:54 GMT November 29, 2007
Japanese Crosses looking heavy despite Asian stocks gapping 3% above yesterday's closes.. could see a nice intraday gap slap across the board with Range & Positional players reloading here at the 3 week range highs under the shadows of Weekly, Monthly, & Quarterly side to down bias from historic highs..fwiwW
Nikki @15,500 Heng Seng @28,500 Usd/Jpy @110.25 Eur/Jpy @163.60
Monday, November 19, 2007
van Gecko 07:55 GMT November 19, 2007
Morristown GG 07:27.. a 3000 pip dive by GBP/JPY from historic highs should not be taken lightly as your run of the mill correction.. imo most long term trend following money may had got out when the going was good while the late comers seeing all those money left behind rush in here near the end.. It is not very often that we have Equities, Gold, & GBP falling together from historic highs..
climbing 金山..
the Gold mountain @ November 19
Morristown GG 07:27 GMT November 19, 2007
Van Gecko, Thanks for comments on Carry. August lows are roughly 1000 pips lower. I feel the same way. I'm watching them and feel that long term bulls are slowly liquidating on rallies. Its like they are buoyant - always pressured to go up simply based on interest rate benefit, but when they fall, its fast, like a sudden larger liquidation - but not so much that they further lower their portfolio, then they wait for the buoyancy to have its effect again only to liquidate a bit more.
Do you see that pattern in the charts? Also maybe they are setting their stops a bit higher in case they fall off unexpectedly
van Gecko 07:08 GMT November 19, 2007
Near-term Carry Trades heading towards last week's lows..
Short-term Carry Trades heading towards their August lows..
Mid-term Dollar Index heading towards 88..
Morristown GG 07:27.. a 3000 pip dive by GBP/JPY from historic highs should not be taken lightly as your run of the mill correction.. imo most long term trend following money may had got out when the going was good while the late comers seeing all those money left behind rush in here near the end.. It is not very often that we have Equities, Gold, & GBP falling together from historic highs..
climbing 金山..
the Gold mountain @ November 19
Morristown GG 07:27 GMT November 19, 2007
Van Gecko, Thanks for comments on Carry. August lows are roughly 1000 pips lower. I feel the same way. I'm watching them and feel that long term bulls are slowly liquidating on rallies. Its like they are buoyant - always pressured to go up simply based on interest rate benefit, but when they fall, its fast, like a sudden larger liquidation - but not so much that they further lower their portfolio, then they wait for the buoyancy to have its effect again only to liquidate a bit more.
Do you see that pattern in the charts? Also maybe they are setting their stops a bit higher in case they fall off unexpectedly
van Gecko 07:08 GMT November 19, 2007
Near-term Carry Trades heading towards last week's lows..
Short-term Carry Trades heading towards their August lows..
Mid-term Dollar Index heading towards 88..
Thursday, November 15, 2007
van Gecko 08:38 GMT November 15, 2007
weekly 6+ figures reversal fractal in progress for GBP after last week's failure from historic highs.. weekly reversal formations by her majesty from major levels are usually good for a few thousand pips follow through over the short to medium terms.. with her present rate of decend, the 2.00 handle could print as early as next week.. a 1000 pip intermediate payday in 3 weeks for some Brave Beautiful Bears.. :))
Cousin Euro & others will follow her majesty like Pavlov's dogs, a comforting thought for Europhiles who may had jump off the bandwagon recently & now waiting to buy on substantial dives for another shot at 1.50.. cheerios
Lahore FM 09:50 GMT November 14, 2007
van Gecko 09:28 GMT
Thanx Gecko,your value is highly valued.best of trades!
van Gecko 09:28 GMT November 14, 2007
thank you FM for your 08:48.. :) imo volatilities + historic highs = mid/long term end games ahead, a classic combo.. currencies & crosses usually leads the financials over the medium term.. fwiwW
Lahore FM 08:48 GMT November 14, 2007
Gecko dear another leg south for carry would depend largely on stox behaviour over rest of the week.my bet is we see weaker jpy and higher stox in days ahead.gtgl!
van Gecko 08:16 GMT November 14, 2007
hello FM..;) carry trades are ready for another leg south.. no?
weekly 6+ figures reversal fractal in progress for GBP after last week's failure from historic highs.. weekly reversal formations by her majesty from major levels are usually good for a few thousand pips follow through over the short to medium terms.. with her present rate of decend, the 2.00 handle could print as early as next week.. a 1000 pip intermediate payday in 3 weeks for some Brave Beautiful Bears.. :))
Cousin Euro & others will follow her majesty like Pavlov's dogs, a comforting thought for Europhiles who may had jump off the bandwagon recently & now waiting to buy on substantial dives for another shot at 1.50.. cheerios
Lahore FM 09:50 GMT November 14, 2007
van Gecko 09:28 GMT
Thanx Gecko,your value is highly valued.best of trades!
van Gecko 09:28 GMT November 14, 2007
thank you FM for your 08:48.. :) imo volatilities + historic highs = mid/long term end games ahead, a classic combo.. currencies & crosses usually leads the financials over the medium term.. fwiwW
Lahore FM 08:48 GMT November 14, 2007
Gecko dear another leg south for carry would depend largely on stox behaviour over rest of the week.my bet is we see weaker jpy and higher stox in days ahead.gtgl!
van Gecko 08:16 GMT November 14, 2007
hello FM..;) carry trades are ready for another leg south.. no?
Labels: GBP
Tuesday, November 13, 2007
shanghai bc 09:04 GMT November 13, 2007
How can anyone resist the temptation of 1000 pips profits in Euro, 200 Dollars profits in Gold and 30 Dollar profits in Oil in less than three months..This has been a good year for the medium-term trend followers..Massive profit taking has been going on for some days now..Expecting Dollar bounce and Euro correction for a few weeks in a certain range..But Dollar may decline again to the new low of the year after this bounce..Good trades..
van Gecko 23:28 GMT November 12, 2007
friends of the dollar trend till the very end who had missed the boat may get their chance for another shot at the historic highs soon..
Euro 1.38, GBP 2.00, & Gold 700 are good s/t targets for this round.. fwiwW
imo most long term trend following money players usually get out when the going is good while wannabies cheer & myopic short termers seeing all those money left behind always rush in near the end of all trends.. the absence of stablizing long/mid term money from the market exemplifies fear & greed with increased market volatilities across the board as transient bagholders lacking convictions play cat & mouse with each other..
what's unfoldiing now in the financial markets & carry trades is just the tip of an FX iceberg.. good signs for friends of the dollar trend till the end?
van Gecko 15:08 GMT November 9, 2007
slv sam 14:18..14:43..etal.. good slam dank shouts! :)) euro is hanging by the thread here thanks to the spike by eur/gbp.. I doubt vely much that the euro 1.50 Bull Brigade is thinking about another near term visit to 1.4750 when they are trying to fend off assults from multiple fronts..
cheerios..
slv sam 14:18 GMT November 9, 2007
new visit to 1.4750 is in process!GT
van Gecko 11:56 GMT November 9, 2007
now that the lead dogs are off to the races theres a lot more to come for the dogs & the lagging masters..
"Those who start the trends do not stay to the end while transients always rush in at the end" - ConfuScius
Syd .. 11:54 GMT November 9, 2007
Carry trades are tumbling as the yen rallies and equity markets suffer. USD/JPY trades at 111.13 from 112.60 in early Asian hours. EUR/JPY is at 163.30 from 165.40 area. GBP/USD is at 2.1012 from around 2.11. NZD, AUD, GBP all sinking vs JPY.
van Gecko 01:36 GMT November 8, 2007
cheers Islander.. good to see you..
Newton's Second Law of Motion in speculation may be interpreted as F = Massive Acrophobia..;)
St. Pete Islander 23:47 GMT November 7, 2007
van Gecko 23:28 .... Cheers! Hope you are well. Could be time to see gravity restored? gl
van Gecko 23:28 GMT November 7, 2007
a little nudge from those shadowy Men In Black massaging the lines could send the 1.50 turkeys reeling behind the lead Crosses..
morning jkt-aye.. good to see you again..
jkt-aye 14:53 GMT November 7, 2007
after some times away from fx jungle, i still always glad to hear something from Shanghai BC, Qindex, Gecko and other
van Gecko 14:37 GMT November 7, 2007
classic blow-off top move for the Conti cousins.. may be an early Thanksgiving for some 1.50 top feeders this year..
van Gecko 07:49 GMT November 7, 2007
indeed OG..:) the party who paid 1.4666 can frame that ticket in gold!
don't know.. but good to see you too iw..
Helsinki iw 07:35 GMT November 7, 2007
Gecko, nice to see you again. If I decipher you correctly we are in for an Olympic size dive all the way to the bottom of the pool?
Monaco Oil man 07:31 GMT November 7, 2007
van Gecko 07:27 GMT November 7, 2007
Well a smart move from their side , spice the market in the middle of the night.
van Gecko 07:27 GMT November 7, 2007
that comment by Mr."146" was timmed in thin market hours to inject some liquidity into the half dry euro pool.. fx top feeding blood transfusion at its finest.. fwiwW
madrid mm 07:04 GMT November 7, 2007
* Top China political adviser Cheng Siwei says China should diversify its $1.43trln FX reserves into buying strong currencies like Euro. China should not bow to foreign pressure on setting FX policy.
* Adviser Cheng later clarifies to say he did not mean to say we should buy more euros, without elaborating.
How can anyone resist the temptation of 1000 pips profits in Euro, 200 Dollars profits in Gold and 30 Dollar profits in Oil in less than three months..This has been a good year for the medium-term trend followers..Massive profit taking has been going on for some days now..Expecting Dollar bounce and Euro correction for a few weeks in a certain range..But Dollar may decline again to the new low of the year after this bounce..Good trades..
van Gecko 23:28 GMT November 12, 2007
friends of the dollar trend till the very end who had missed the boat may get their chance for another shot at the historic highs soon..
Euro 1.38, GBP 2.00, & Gold 700 are good s/t targets for this round.. fwiwW
Friday, November 09, 2007
imo most long term trend following money players usually get out when the going is good while wannabies cheer & myopic short termers seeing all those money left behind always rush in near the end of all trends.. the absence of stablizing long/mid term money from the market exemplifies fear & greed with increased market volatilities across the board as transient bagholders lacking convictions play cat & mouse with each other..
what's unfoldiing now in the financial markets & carry trades is just the tip of an FX iceberg.. good signs for friends of the dollar trend till the end?
van Gecko 15:08 GMT November 9, 2007
slv sam 14:18..14:43..etal.. good slam dank shouts! :)) euro is hanging by the thread here thanks to the spike by eur/gbp.. I doubt vely much that the euro 1.50 Bull Brigade is thinking about another near term visit to 1.4750 when they are trying to fend off assults from multiple fronts..
cheerios..
slv sam 14:18 GMT November 9, 2007
new visit to 1.4750 is in process!GT
van Gecko 11:56 GMT November 9, 2007
now that the lead dogs are off to the races theres a lot more to come for the dogs & the lagging masters..
"Those who start the trends do not stay to the end while transients always rush in at the end" - ConfuScius
Syd .. 11:54 GMT November 9, 2007
Carry trades are tumbling as the yen rallies and equity markets suffer. USD/JPY trades at 111.13 from 112.60 in early Asian hours. EUR/JPY is at 163.30 from 165.40 area. GBP/USD is at 2.1012 from around 2.11. NZD, AUD, GBP all sinking vs JPY.
van Gecko 01:36 GMT November 8, 2007
cheers Islander.. good to see you..
Newton's Second Law of Motion in speculation may be interpreted as F = Massive Acrophobia..;)
St. Pete Islander 23:47 GMT November 7, 2007
van Gecko 23:28 .... Cheers! Hope you are well. Could be time to see gravity restored? gl
van Gecko 23:28 GMT November 7, 2007
a little nudge from those shadowy Men In Black massaging the lines could send the 1.50 turkeys reeling behind the lead Crosses..
morning jkt-aye.. good to see you again..
jkt-aye 14:53 GMT November 7, 2007
after some times away from fx jungle, i still always glad to hear something from Shanghai BC, Qindex, Gecko and other
van Gecko 14:37 GMT November 7, 2007
classic blow-off top move for the Conti cousins.. may be an early Thanksgiving for some 1.50 top feeders this year..
van Gecko 07:49 GMT November 7, 2007
indeed OG..:) the party who paid 1.4666 can frame that ticket in gold!
don't know.. but good to see you too iw..
Helsinki iw 07:35 GMT November 7, 2007
Gecko, nice to see you again. If I decipher you correctly we are in for an Olympic size dive all the way to the bottom of the pool?
Monaco Oil man 07:31 GMT November 7, 2007
van Gecko 07:27 GMT November 7, 2007
Well a smart move from their side , spice the market in the middle of the night.
van Gecko 07:27 GMT November 7, 2007
that comment by Mr."146" was timmed in thin market hours to inject some liquidity into the half dry euro pool.. fx top feeding blood transfusion at its finest.. fwiwW
madrid mm 07:04 GMT November 7, 2007
* Top China political adviser Cheng Siwei says China should diversify its $1.43trln FX reserves into buying strong currencies like Euro. China should not bow to foreign pressure on setting FX policy.
* Adviser Cheng later clarifies to say he did not mean to say we should buy more euros, without elaborating.
Tuesday, November 06, 2007
AZUSA 4x-ed 16:21 GMT November 6, 2007
“The euro-U.S. currency adjustment is already finished,'' Greenspan said at a forum in Tokyo LINK
This statement coupled with the following former ECB’s policy member Otmar Issing:
“The first priority in central-bank communication is not to give inappropriate signals. Central banks must under no circumstances voluntarily create uncertainty. Central banks are tempted to give too much weight to short-term expectations. In case of communication failures, the strongest critiques come from those who will lose money. Code words are a way to deal with this short-term uncertainty.”
van Gecko 08:34 GMT November 6, 2007
too many bulls & bears slugging each other inside the 115/114 band for Dollar/Yen to go anyway near term but its crosses had over-shoot & ready to dump with the Conti cousins.. all pairs could roll over fast below 165 Eur/Yen..
shanghai bc 08:18 GMT November 6, 2007
hong kong nt 06:37 GMT November 6, 2007
Thanks..Good levels for me to scale out on the way up..I am more concerned with scaling out on the way up now:)..
hong kong nt 06:37 GMT November 6, 2007
BC -- in 2006, gold price managed to climbed $210/40% above 200-day SMA. if history repeats here, gold may see 900/960
“The euro-U.S. currency adjustment is already finished,'' Greenspan said at a forum in Tokyo LINK
This statement coupled with the following former ECB’s policy member Otmar Issing:
“The first priority in central-bank communication is not to give inappropriate signals. Central banks must under no circumstances voluntarily create uncertainty. Central banks are tempted to give too much weight to short-term expectations. In case of communication failures, the strongest critiques come from those who will lose money. Code words are a way to deal with this short-term uncertainty.”
van Gecko 08:34 GMT November 6, 2007
too many bulls & bears slugging each other inside the 115/114 band for Dollar/Yen to go anyway near term but its crosses had over-shoot & ready to dump with the Conti cousins.. all pairs could roll over fast below 165 Eur/Yen..
shanghai bc 08:18 GMT November 6, 2007
hong kong nt 06:37 GMT November 6, 2007
Thanks..Good levels for me to scale out on the way up..I am more concerned with scaling out on the way up now:)..
hong kong nt 06:37 GMT November 6, 2007
BC -- in 2006, gold price managed to climbed $210/40% above 200-day SMA. if history repeats here, gold may see 900/960
Labels: EURJPY
Monday, November 05, 2007
van Gecko 03:13 GMT November 5, 2007
Shenzhen CP 15:30 GMT November 4, 2007//
Greed drives us to place bets or act on impulse while Fear cause us to close bets or pray & placing sound plus realistic Risk vs Reward bets are vital for anyone hoping to swim with the sharks in this cesspool of mind, money & wealth..
FX does not move in a straight line, Euro at 1.45 is a great contra bet for some short to mid-term money while the Fear of h'issing away multi-figure profits on counter moves are weighting on bulls of size.. react to what is happening now & let the wannabies & analysts curve-fit underlying rationales for the markets till their Fx cows come home..
gl
Shenzhen CP 15:30 GMT November 4, 2007
van Gecko 03:08 GMT November 3, 2007
"07:09 GMT November 1, 2007
...Euro up here within this 1.4450/1.4550 band matching daddy Dmark's old highs is a great contra for BBB (Brave, Beautiful Bears) looking for those rare good risk adjusted paydays... "
May I know the underlying rationales which drive Euro bulls to scale out at 1.45 and make Euro bears to enter short positions? Thank you
Shenzhen CP 15:30 GMT November 4, 2007//
Greed drives us to place bets or act on impulse while Fear cause us to close bets or pray & placing sound plus realistic Risk vs Reward bets are vital for anyone hoping to swim with the sharks in this cesspool of mind, money & wealth..
FX does not move in a straight line, Euro at 1.45 is a great contra bet for some short to mid-term money while the Fear of h'issing away multi-figure profits on counter moves are weighting on bulls of size.. react to what is happening now & let the wannabies & analysts curve-fit underlying rationales for the markets till their Fx cows come home..
gl
Shenzhen CP 15:30 GMT November 4, 2007
van Gecko 03:08 GMT November 3, 2007
"07:09 GMT November 1, 2007
...Euro up here within this 1.4450/1.4550 band matching daddy Dmark's old highs is a great contra for BBB (Brave, Beautiful Bears) looking for those rare good risk adjusted paydays... "
May I know the underlying rationales which drive Euro bulls to scale out at 1.45 and make Euro bears to enter short positions? Thank you
Labels: Euro
Saturday, November 03, 2007
van Gecko 03:08 GMT November 3, 2007
"07:09 GMT November 1, 2007
...Euro up here within this 1.4450/1.4550 band matching daddy Dmark's old highs is a great contra for BBB (Brave, Beautiful Bears) looking for those rare good risk adjusted paydays... "
nothing has changed from the above except for Brave Beautiful Bears are getting more attractive levels scaling in bets now that the Dollar Bear Brigade syndicate had managed to push the Euro to 1.45 & have the wannabies & analysts talking 1.50 next..
the short term risk/reward is now inversely stacked against the Dollar Bear Brigade members & for those Brave Beautiful Bears with every euro pip advance..
as the kinetics of this move to all world high by the raging euro are being digested over the w/e, all it takes is for one top heavy over-stretched DBB member infected with near term coldfeettitist to trigger a short term multi-figure liquidation..
good to see more BS doing the forum/media walks here in Herbieville..
my share of diversional entertainment..fwiww.. have a nice w/e..
Forex News Friday, 02 November 2007 21:08:18 GMT
• US Dollar Fails to Respond to Blowout Payrolls Number: What Gives?
• Euro On its Way to 1.50
"...the price action in the market today reflects everyone’s unwillingness to buy dollars. Those who want to be long are already long and any “new” positions being taken are mostly on the short side. If the US dollar can’t rally on strong economic data, what will it rally on? "
MLT PA 19:34 GMT November 2, 2007
eur/usd and gbp/usd showing a strong weekly close. The November rally is about to start.
FW CS 17:49 GMT November 2, 2007
Monaco Oil man 17:44 GMT November 2, 2007
Mr Oil Man. Very true as market almost completely ignored 'good' US Data and continued to steam roll the $.
Monaco Oil man 17:44 GMT November 2, 2007
Market doesn't need numbers anymore..Just sells the US$..
Monaco Oil man 17:36 GMT November 2, 2007
Well the EUR is closing above 1.45..Next target 1.50..Gold at high's and targetting 1K..This really is a fast trend , no stopping this train , no dips , just a huge frenzy...doing new high's daily ala year 2000.
Time to get more AUD and NZD for next week rush 300 pips above..
Good Weekend.
"07:09 GMT November 1, 2007
...Euro up here within this 1.4450/1.4550 band matching daddy Dmark's old highs is a great contra for BBB (Brave, Beautiful Bears) looking for those rare good risk adjusted paydays... "
nothing has changed from the above except for Brave Beautiful Bears are getting more attractive levels scaling in bets now that the Dollar Bear Brigade syndicate had managed to push the Euro to 1.45 & have the wannabies & analysts talking 1.50 next..
the short term risk/reward is now inversely stacked against the Dollar Bear Brigade members & for those Brave Beautiful Bears with every euro pip advance..
as the kinetics of this move to all world high by the raging euro are being digested over the w/e, all it takes is for one top heavy over-stretched DBB member infected with near term coldfeettitist to trigger a short term multi-figure liquidation..
good to see more BS doing the forum/media walks here in Herbieville..
my share of diversional entertainment..fwiww.. have a nice w/e..
Forex News Friday, 02 November 2007 21:08:18 GMT
• US Dollar Fails to Respond to Blowout Payrolls Number: What Gives?
• Euro On its Way to 1.50
"...the price action in the market today reflects everyone’s unwillingness to buy dollars. Those who want to be long are already long and any “new” positions being taken are mostly on the short side. If the US dollar can’t rally on strong economic data, what will it rally on? "
MLT PA 19:34 GMT November 2, 2007
eur/usd and gbp/usd showing a strong weekly close. The November rally is about to start.
FW CS 17:49 GMT November 2, 2007
Monaco Oil man 17:44 GMT November 2, 2007
Mr Oil Man. Very true as market almost completely ignored 'good' US Data and continued to steam roll the $.
Monaco Oil man 17:44 GMT November 2, 2007
Market doesn't need numbers anymore..Just sells the US$..
Monaco Oil man 17:36 GMT November 2, 2007
Well the EUR is closing above 1.45..Next target 1.50..Gold at high's and targetting 1K..This really is a fast trend , no stopping this train , no dips , just a huge frenzy...doing new high's daily ala year 2000.
Time to get more AUD and NZD for next week rush 300 pips above..
Good Weekend.
Thursday, November 01, 2007
St. Pete Islander 14:17 GMT November 1, 2007
van Gecko 09:31 GMT November 1, 2007
Nice! gl
van Gecko 09:31 GMT November 1, 2007
level 1 bull stops wasted.. level 2 stops are running scare.. complacent buy on dip bulls adding good feeds for SOB bears (Sons Of Beatrices).. cheerio..
van Gecko 07:09 GMT November 1, 2007
Good amusing risk diversions with daily BS doing the forum walks.. :))
//Shenzhen CP 14:53 GMT October 31, 2007//.. Laowen?
ideal entry levels are only evident in hindsight & absolute entries are dependent on risk profile & trade management tactics.. but good risk entries may be present with daily reverse candle close below the previous low after an extended rise plus high time-frame price-tech/inter-market divergence.. there's no need to pollute classic trade rules with fancy high techs or funnymentals..
that said, Euro up here within this 1.4450/1.4550 band matching daddy Dmark's old highs is a great contra for BBB (Brave, Beautiful Bears) looking for those rare good risk adjusted paydays.. an implusive take-out of the hourly 50ma would enhance the pip making odds for conservative bears or intraday pikers..
have a nice one..
Shenzhen CP 14:53 GMT October 31, 2007
van Gecko 11:53 GMT October 31, 2007
GBP & crosses not looking friendly for Euro's moon shot..
where are the preferred entry levels for seller? TIA
van Gecko 11:53 GMT October 31, 2007
GBP & crosses not not looking friendly for Euro's moon shot.. fwiww..
GBP @2.08 GBP/Jpy @240 EUR/Jpy @167
FW CS 11:36 GMT October 31, 2007
Mr. esteemed Oil Man
I think it will take some concerted CB intervention to turn that $ bear around.
Monaco Oil man 11:23 GMT October 31, 2007
EURJPY looks ready to tackle previous high's in the 170 region this week or next.
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..
van Gecko 09:31 GMT November 1, 2007
Nice! gl
van Gecko 09:31 GMT November 1, 2007
level 1 bull stops wasted.. level 2 stops are running scare.. complacent buy on dip bulls adding good feeds for SOB bears (Sons Of Beatrices).. cheerio..
van Gecko 07:09 GMT November 1, 2007
Good amusing risk diversions with daily BS doing the forum walks.. :))
//Shenzhen CP 14:53 GMT October 31, 2007//.. Laowen?
ideal entry levels are only evident in hindsight & absolute entries are dependent on risk profile & trade management tactics.. but good risk entries may be present with daily reverse candle close below the previous low after an extended rise plus high time-frame price-tech/inter-market divergence.. there's no need to pollute classic trade rules with fancy high techs or funnymentals..
that said, Euro up here within this 1.4450/1.4550 band matching daddy Dmark's old highs is a great contra for BBB (Brave, Beautiful Bears) looking for those rare good risk adjusted paydays.. an implusive take-out of the hourly 50ma would enhance the pip making odds for conservative bears or intraday pikers..
have a nice one..
Shenzhen CP 14:53 GMT October 31, 2007
van Gecko 11:53 GMT October 31, 2007
GBP & crosses not looking friendly for Euro's moon shot..
where are the preferred entry levels for seller? TIA
van Gecko 11:53 GMT October 31, 2007
GBP & crosses not not looking friendly for Euro's moon shot.. fwiww..
GBP @2.08 GBP/Jpy @240 EUR/Jpy @167
FW CS 11:36 GMT October 31, 2007
Mr. esteemed Oil Man
I think it will take some concerted CB intervention to turn that $ bear around.
Monaco Oil man 11:23 GMT October 31, 2007
EURJPY looks ready to tackle previous high's in the 170 region this week or next.
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..
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