Gaining an Edge over the Forex game of Mind, Money, & Wealth
Thursday, September 16, 2010
van Gecko 12:17 GMT September 16, 2010
Sell EURJPY
Eur/Yen 122, 145 could print many moons from now.. however, Eur/Yen 112, & Euro 1.3080 are here now for those looking for good risk short term multi-figure pay-outs..
alternatively, one can rand & rave about "EXPECT THE UNEXPECTED" thousands of pips from here..but what matters playing this FX game of Mind, Money & Wealth is good risk "NOW" opportunities, not Phantom pips..
tokyo rana 10:55 GMT September 16, 2010
Sell EURJPY
Entry: 122 Target: 89 Stop: 125
no one believe but i think that.....happy trade,
van Gecko 10:41 GMT September 16, 2010
Sell EURJPY
Eur/Yen @112, Euro @1.3080
Europhiles & Yenophobies now looking for "Merry Go South" pips here..
risk 200 pips for another multi-figure payday..
trade safe & hoard Cheerios..
BERN DS 09:19 GMT September 16, 2010
EXPECT THE UNEXPECTED: Reply
In the minds of most of us here in this forum is a coming weaker AUDUSD , a coming weaker EURUSD etc... and most will like to sell EURJPY and EURCHF... imho , there are simply too much people sitting in this boat and a little or even a big shift in sentiment could lead to 16000 EURUSD-1.1000 AUDUSD or 14500 EURJPY and 14500 EURCHF... but of course, -nobody will believe me that... lets be flexible any way- but we are positioned like my predictions since some days or weeks...
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..
Sell EURJPY
Eur/Yen 122, 145 could print many moons from now.. however, Eur/Yen 112, & Euro 1.3080 are here now for those looking for good risk short term multi-figure pay-outs..
alternatively, one can rand & rave about "EXPECT THE UNEXPECTED" thousands of pips from here..but what matters playing this FX game of Mind, Money & Wealth is good risk "NOW" opportunities, not Phantom pips..
tokyo rana 10:55 GMT September 16, 2010
Sell EURJPY
Entry: 122 Target: 89 Stop: 125
no one believe but i think that.....happy trade,
van Gecko 10:41 GMT September 16, 2010
Sell EURJPY
Eur/Yen @112, Euro @1.3080
Europhiles & Yenophobies now looking for "Merry Go South" pips here..
risk 200 pips for another multi-figure payday..
trade safe & hoard Cheerios..
BERN DS 09:19 GMT September 16, 2010
EXPECT THE UNEXPECTED: Reply
In the minds of most of us here in this forum is a coming weaker AUDUSD , a coming weaker EURUSD etc... and most will like to sell EURJPY and EURCHF... imho , there are simply too much people sitting in this boat and a little or even a big shift in sentiment could lead to 16000 EURUSD-1.1000 AUDUSD or 14500 EURJPY and 14500 EURCHF... but of course, -nobody will believe me that... lets be flexible any way- but we are positioned like my predictions since some days or weeks...
Labels: EURJPY
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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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