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  • #23,021
  • Aug 22, 2008 12:30pm Aug 22, 2008 12:30pm
Quoting SunTrader
That is cut and paste Brucie. Nothing is his. Well the nonsense part is.
No forgive and move on?
  • #23,022
  • Aug 22, 2008 12:32pm Aug 22, 2008 12:32pm
Quoting SunTrader
That is cut and paste Brucie. Nothing is his. Well the nonsense part is.
Thanks for calling me Brucie. Only my Friends do that.

I love nonsense at times as I never grew up after 64 years. Maybe at 65 when I get my Old Age Pension !!!


Brucie ...
{Promotion Removed}
  • #23,023
  • Edited 12:44pm Aug 22, 2008 12:37pm | Edited 12:44pm
It still is OVER $100 and Bernake said NADA ! Fannie Mae and Freddie Mack went down again approaching $ 0.00 US of course.

The FED is financing the World. Profits are breaking out everywhere. The FED cannot raise. Housing is not at the Bottom. Lehman is looking for cash.

Hey DOW Up 250 Today ?

GREAT I can short USD/JPY from OVER 110.00

What a World ? I Love FOREX ...

Brucie

P.S. EUR/USD is doing good considering Oil is down. Also EUR/JPY bringing USD/JPY Up !!!


I Might Go Long EUR/USD next week !!!
{Promotion Removed}
  • #23,024
  • Aug 22, 2008 12:38pm Aug 22, 2008 12:38pm
Quoting Warren Forex
Contest or Not ! You are one of the best FX traders that posts here because of your discipline, excellent knowledge of charts and good understanding of the fundamentals.

It is just as well not to have a contest since I would lose to you.

Then my REPUTATION here would be RUINED !!!

Have A Great Weekend ... Thank You For Helping FX Traders here without all the NOISE !!!


Bruce
Still learning how to trade FX for my clients !
I tried a competition last year.

The one with Rob Booker.

I was doing very well then I noticed my live account was up 1% in two weeks.

I can't multi-task very well and I find trading my live account challenging enough.

I love to compete but in this game I have to compete against me or I'll end up losing.

By the way... Do you know what they call the guy who graduates last in his class at med school?

Doctor.
  • #23,025
  • Aug 22, 2008 12:46pm Aug 22, 2008 12:46pm
Quoting Warren Forex
Contest or Not ! You are one of the best FX traders that posts here because of your discipline, excellent knowledge of charts and good understanding of the fundamentals.

It is just as well not to have a contest since I would lose to you.

Then my REPUTATION here would be RUINED !!!

Have A Great Weekend ... Thank You For Helping FX Traders here without all the NOISE !!!


Bruce
Still learning how to trade FX for my clients !
If we both beat the market then neither of us lose.

The market is our competition.

There's no Grey area in our playground.

You win or you lose.

If you win by 1% a month - you're winning and that's all that counts.

You're going to need to manage some serious coin to live on those gains but in the end most don't make it.
  • #23,026
  • Aug 22, 2008 12:48pm Aug 22, 2008 12:48pm
Quoting Warren Forex
It still is OVER $100 and Bernake said NADA ! Fannie Mae and Freddie Mack went down again approaching $ 0.00 US of course.

The FED is financing the World. Profits are breaking out everywhere. The FED cannot raise. Housing is not at the Bottom. Lehman is looking for cash.

Hey DOW Up 250 Today ?

GREAT I can short USD/JPY from OVER 110.00

What a World ? I Love FOREX ...

Brucie

P.S. EUR/USD is doing good considering Oil is down. Also EUR/JPY bringing USD/JPY Up !!!


I Might Go Long EUR/USD next week !!!
Yeah... this has me concerned.

Why are we decoupling now?

It's very strange.
  • #23,027
  • Aug 22, 2008 12:52pm Aug 22, 2008 12:52pm
Quoting acumen
But I'm more curious on how long it took prior to stringing together your first 3 winning months. In a row of course.

It took me about a year to string three winning months together but I also jumped every time I found a new 'grail' that I liked.

I must have tried 30 systems and spent $1000 or more on e-books.

Most of the e-books and real books are crap but several I learned a lot from.

Now I just read and study voraciously for the fun of it. Once I began winning day after day I never alter that strategy.

It's boring at times - like today - but patience pays off.
I trained under a mentor for about a year. Learned his way and still use a lot of that but have added other things to create my own rules. I have actually taught him some stuff now. My final test before going live was 20 straight days of trading. 2 trades each day for at least 5 pips. No negative trades. I turned my 100K demo act into 183K. After that I went live. It is very different and I had a bad month (Mar '08) that made me question everything, so I took a time out (Apr 'o8) , got back to basics and have been good ever since then. Trading real money is hard until you can separate the emotion. Believe it or not, too much info can be bad. It is easy to talk yourself out of a trade. If you believe in the technicals, then stick with that and trade what you see. If you follow fundamentals, then you are in for a wild ride because of all the news and all the opinions and things getting "cloudy". I keep an eye toward the fundies, but stick with the techno side. An example is Tuesday night when everyone here was saying buy. I saw sell on my charts and grabbed 160 pips on the dip before the buy became a good move Wed night into Thurs. Just my 2 pips ....
  • #23,028
  • Aug 22, 2008 12:53pm Aug 22, 2008 12:53pm
Quoting acumen
I hope so.

Time will tell.

It's hard though because I'm and ADD kid. (Medicated and everything)

Patience is so important.

Waiting for the market to come to you.

The pivots and psych levels really do make it a lot easier.

Thanks again.

Mike
You saying you're an ADD kid only gives me more hope I'll be able to catch on!
  • #23,029
  • Aug 22, 2008 12:55pm Aug 22, 2008 12:55pm
Pls give me name, address and phone # of your mentor.
  • #23,030
  • Aug 22, 2008 12:55pm Aug 22, 2008 12:55pm
Quoting Warren Forex
Contest or Not ! You are one of the best FX traders that posts here because of your discipline, excellent knowledge of charts and good understanding of the fundamentals.

It is just as well not to have a contest since I would lose to you.

Then my REPUTATION here would be RUINED !!!

Have A Great Weekend ... Thank You For Helping FX Traders here without all the NOISE !!!


Bruce
Still learning how to trade FX for my clients !

I read a great deal of your articles.

I like the Evan guy although I don't agree with him often he's an interesting read.

Mike
  • #23,031
  • Aug 22, 2008 12:58pm Aug 22, 2008 12:58pm
Quoting Poocher
You saying you're an ADD kid only gives me more hope I'll be able to catch on!
If I can win then most should be able to.

The question is always - how badly do you want it.

I'm too stupid to quit.
  • #23,032
  • Aug 22, 2008 12:58pm Aug 22, 2008 12:58pm
Quoting seesaw
Pls give me name, address and phone # of your mentor.
I am the mentor now. I have 2 students. Friends that saw what I was doing and wanted to learn. No promotion, no trade calls, no big company, just me helping my peeps.
  • #23,033
  • Aug 22, 2008 12:59pm Aug 22, 2008 12:59pm
Quoting acumen
Yeah... this has me concerned.

Why are we decoupling now?

It's very strange.
I am telling myself and ALL of you Friends and Foes alike. I like ALL of YOU here even Tulip (Smile)

BE VERY CAREFUL next WEEK !!! The POWERS that Be ... Central Banks, Power Brokers ... ALL of them are ALL meeting now planning their next move.

What ever it is it is coming !!!

Be Prepared ... IT IS CALLED INTERVENTION !!!

We ALL Remember EUR/USD at 1.5500 or GBP/USD at 2.0000 ?

When was that ? What only Two Weeks Ago or so !!!

Have A Great Weekend All .... Back on Sunday ...


Bruce

I agree with you 100% on contests. Let's BEAT the Market with REAL FUNDS ...
{Promotion Removed}
  • #23,034
  • Aug 22, 2008 12:59pm Aug 22, 2008 12:59pm
Quoting PipAV8tor
I am the mentor now. I have 2 students. Friends that saw what I was doing and wanted to learn. No promotion, no trade calls, no big company, just me helping my peeps.
Where do I sign up... For real...PM me
  • #23,035
  • Aug 22, 2008 1:01pm Aug 22, 2008 1:01pm
Quoting seesaw
What ever "rally" we have next week, I'm shorting. Oil is going down, down, down. No question about it.
Oil is tanking (he he - I made a funny) and this pair remains somewhat afloat.

Why?
  • #23,036
  • Aug 22, 2008 1:04pm Aug 22, 2008 1:04pm
Quoting acumen
Oil is tanking (he he - I made a funny) and this pair remains somewhat afloat.

Why?
You call a 130 pip drop "somewhat" afloat?
  • #23,037
  • Aug 22, 2008 1:07pm Aug 22, 2008 1:07pm
Quoting PipAV8tor
I trained under a mentor for about a year. Learned his way and still use a lot of that but have added other things to create my own rules. I have actually taught him some stuff now. My final test before going live was 20 straight days of trading. 2 trades each day for at least 5 pips. No negative trades. I turned my 100K demo act into 183K. After that I went live. It is very different and I had a bad month (Mar '08) that made me question everything, so I took a time out (Apr 'o8) , got back to basics and have been good ever since then. Trading real money is hard until you can separate the emotion. Believe it or not, too much info can be bad. It is easy to talk yourself out of a trade. If you believe in the technicals, then stick with that and trade what you see. If you follow fundamentals, then you are in for a wild ride because of all the news and all the opinions and things getting "cloudy". I keep an eye toward the fundies, but stick with the techno side. An example is Tuesday night when everyone here was saying buy. I saw sell on my charts and grabbed 160 pips on the dip before the buy became a good move Wed night into Thurs. Just my 2 pips ....

The DEMO account is so important. It gives you confidence. If you can't win in a DEMO account you can't win with real capital.

Lot's of good stuff there.
  • #23,038
  • Aug 22, 2008 1:09pm Aug 22, 2008 1:09pm
Quoting seesaw
You call a 130 pip drop "somewhat" afloat?
This pair should have sold off much harder today.

I'm a dollar bull... you know that...I just want to make sure I'm on him during the right 8 seconds.
  • #23,039
  • Aug 22, 2008 1:10pm Aug 22, 2008 1:10pm
Quoting PipAV8tor
I am the mentor now. I have 2 students. Friends that saw what I was doing and wanted to learn. No promotion, no trade calls, no big company, just me helping my peeps.
Is that a blackhawk?

Maarten
  • #23,040
  • Aug 22, 2008 1:11pm Aug 22, 2008 1:11pm
Quoting acumen
This pair should have sold off much harder today.

I'm a dollar bull... you know that...I just want to make sure I'm on him during the right 8 seconds.

Agreed. Monday should be very interesting. My suspicion is that oil will rebound slightly before the next downturn.
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