Gaining an Edge over the Forex game of Mind, Money, & Wealth
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?
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..
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
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
