Gaining an Edge over the Forex game of Mind, Money, & Wealth
Monday, October 01, 2012
van Gecko 15:06 GMT October 1, 2012
Euro Quantitative "Easy Range ~ ~ Easy Slide": Reply
London chippie 14:32 GMT.. Euro starting October with a bang..
looks like lotsa Quantitative BOD bulls waiting for that dip to 1.28 :)
gl
London chippie 14:32 GMT October 1, 2012
Euro Quantitative "Easy Range ~ ~ Easy Slide": Reply
Thanks van Gecko .... kinda hoping for it to bounce off upper daily bolly bands .... fits in with my "b" wave ... good to see you still around!
van Gecko 14:23 GMT October 1, 2012
Euro Quantitative "Easy Range ~ ~ Easy Slide":
Good odds for Trend Continuation after testing 1.28 to start the month..
Side to up bias 1.2850~1.3150.. above, it's 1.33~1.34.. Sub 1.28 will have to wait a bit longer..
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..
Euro Quantitative "Easy Range ~ ~ Easy Slide": Reply
London chippie 14:32 GMT.. Euro starting October with a bang..
looks like lotsa Quantitative BOD bulls waiting for that dip to 1.28 :)
gl
London chippie 14:32 GMT October 1, 2012
Euro Quantitative "Easy Range ~ ~ Easy Slide": Reply
Thanks van Gecko .... kinda hoping for it to bounce off upper daily bolly bands .... fits in with my "b" wave ... good to see you still around!
van Gecko 14:23 GMT October 1, 2012
Euro Quantitative "Easy Range ~ ~ Easy Slide":
Good odds for Trend Continuation after testing 1.28 to start the month..
Side to up bias 1.2850~1.3150.. above, it's 1.33~1.34.. Sub 1.28 will have to wait a bit longer..
Labels: Euro
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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