Gaining an Edge over the Forex game of Mind, Money, & Wealth
Tuesday, November 06, 2012
van Gecko 01:55 GMT November 6, 2012
Euro Quantitative "Easy Range ~ ~ Easy Slide": Reply
EURUSD
Entry: Target: Stop:
Impulsive weekly break by Euro after 2 months of side to down PA rejection in-front of 1.32 with the previously "strong 1.28 line in the sand" sliced through like butter..
Good betting odds for a follow through correction down to the 1.2650~1.2500 zone to attract more M/T liquidity prior to another go at 1.32..
Below, its a repeat of last year's Q4 "Quantitative Easy Slide" re-targeting 1.20~1.18..
Trade safe & hoard Cheerios..
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
EURUSD
Entry: Target: Stop:
Impulsive weekly break by Euro after 2 months of side to down PA rejection in-front of 1.32 with the previously "strong 1.28 line in the sand" sliced through like butter..
Good betting odds for a follow through correction down to the 1.2650~1.2500 zone to attract more M/T liquidity prior to another go at 1.32..
Below, its a repeat of last year's Q4 "Quantitative Easy Slide" re-targeting 1.20~1.18..
Trade safe & hoard Cheerios..
Labels: Euro
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
