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  • #53,001
  • Dec 30, 2008 2:09pm Dec 30, 2008 2:09pm
Seapip and everybody, you might want to take a look at www.chrismartinson.com "crash course" to give you a better view of what is going on in the country. There are 20 vedios for your education. Sience this is a Global recession. Everything is tied to the dollar and because other economies ( UK, EURO and others) are much worse off, the dollar may/will come out ahead. But that is not to say we are not in deep S---! The U.S. has not seen the bottom. Watch the videos and you will see why. It does appear that Forex Market is the place to be in the hard time to come. If Obama can stop the bleeding (wars) it could help but it will not stop the hard time that are coming. I think it is time that everyone take there heads out of the sand and stop blameing everyone, it want help and there is no great mircale that is going to happen. It is important to educate yourself.

Quoting SeaPip
[font=Arial][size=3][color=blue]Totally agree with you on this. I mean I don't want to discuss political issue on here but I have to chime in. Most everyone blame Bush for this financial fiasco we are going thru. How come NO ONE thank him when they cash big on their home equity line of credit .....or when they buy the home of their dream with NO money down and NO credit. Don't blame bush. Blame the GREED of the BANK EXECUTIVES, CEOs, ALL OF THE GREEDY INVESTORS, MORTGAGE BROKERS AND REALTORS whom all cashed in on the housing boom and RAN. Now we...
  • #53,002
  • Dec 30, 2008 2:14pm Dec 30, 2008 2:14pm
damn i was in that scalp too long.... got out with 23 on my short...i aint jumping in without movement
those who can, do. those who cant, talk about those who can
  • #53,003
  • Dec 30, 2008 2:17pm Dec 30, 2008 2:17pm
*L* yep thats why im long mules they can pull a plow and you can eat em if needed. *L* turn off the radio and do an unbias evalution..
those who can, do. those who cant, talk about those who can
  • #53,004
  • Dec 30, 2008 2:21pm Dec 30, 2008 2:21pm
Quoting klinckphilip
oh well just got stopped short at 4125 10lots so we will see hope all is well to the downside
made $35 while talking to a customer that doesnt want to buy until late 2009
  • #53,005
  • Dec 30, 2008 2:22pm Dec 30, 2008 2:22pm
Quoting klinckphilip
made $35 while talking to a customer that doesnt want to buy until late 2009
I guess it is headed to the pivot.... then what?
  • #53,006
  • Dec 30, 2008 2:27pm Dec 30, 2008 2:27pm
1.4088 long scalping
  • #53,007
  • Dec 30, 2008 2:28pm Dec 30, 2008 2:28pm
Quoting klinckphilip
I guess it is headed to the pivot.... then what?
ok out with 39 pips
  • #53,008
  • Dec 30, 2008 2:32pm Dec 30, 2008 2:32pm
Quoting SeaPip
[font=Arial][size=3][color=blue]Totally agree with you on this....

I dont think that CEOs and alike are entirely to blame, becuase if people who were taking those loans out have stopped to think about what they were doing and whether they would be able to afford it in the future we would have avoided much of this mess imho. Nobody forced people to take all those mortgages out and although some of them were lured in by small rates, llack of common sence and financial planning ( and perhaps education) led to this.

just to add my thought about Obama and his policy - he is as determined to save everyone by throwing money as bush is which is fine now but remember Milton friedmans quote - Inflation is alway and everywhere a monetary phenomenon.
  • #53,009
  • Dec 30, 2008 2:40pm Dec 30, 2008 2:40pm
somebody in the thread posted a website with several methods.

the message of the website is: use a system, master it .. its like asian style.

somebody remember? look forward to! thx
  • #53,010
  • Dec 30, 2008 2:42pm Dec 30, 2008 2:42pm
Quoting fortaleza
somebody in the thread posted a website with several methods.

the message of the website is: use a system, master it .. its like asian style.

somebody remember? look forward to! thx
there is no system
dont fool yourselves
just deal with it
  • #53,011
  • Dec 30, 2008 2:48pm Dec 30, 2008 2:48pm
Quoting lexazver
I dont think that CEOs and alike are entirely to blame, becuase if people who were taking those loans out have stopped to think about what they were doing and whether they would be able to afford it in the future we would have avoided much of this mess imho. Nobody forced people to take all those mortgages out and although some of them were lured in by small rates, llack of common sence and financial planning ( and perhaps education) led to this.

just to add my thought about Obama and his policy - he is as determined to save everyone by throwing...

well the thing about everyone is they played the game like the good times were not going to end. Noone was saving Noone was paying off debts.
  • #53,012
  • Dec 30, 2008 2:48pm Dec 30, 2008 2:48pm
Quoting lexazver
I dont think that CEOs and alike are entirely to blame, becuase if people who were taking those loans out have stopped to think about what they were doing and whether they would be able to afford it in the future we would have avoided much of this mess imho. Nobody forced people to take all those mortgages out and although some of them were lured in by small rates, llack of common sence and financial planning ( and perhaps education) led to this.

just to add my thought about Obama and his policy - he is as determined to save everyone by throwing...
not exactly right... those ceo's bought those bundled loans knowing fully the risk.. buy them buying those bundled loans it created incentive for origination banks to bundle more ignoring guidlines they use when keeping loans in house. everyone dropped the ball customer, bank. and loan buyers... and so on.. everyone was fine.. the oil went up.increasing all products... creditcards limits were reached and it snowballed..wallstreet desighned a model that didnt work...remember state of the union addresses bragging on home ownership highest percentage in history..if you take credit for the good you have to take credit for the bad.. the buck stops here.
those who can, do. those who cant, talk about those who can
  • #53,013
  • Dec 30, 2008 2:49pm Dec 30, 2008 2:49pm
Quoting arthurb
there is no system
dont fool yourselves
just deal with it
do not agree
there are many good sytems and even undiscovered ones
  • #53,014
  • Dec 30, 2008 2:52pm Dec 30, 2008 2:52pm
Quoting arthurb
there is no system
dont fool yourselves
just deal with it
cmon, dont asked about this
  • #53,015
  • Dec 30, 2008 2:54pm Dec 30, 2008 2:54pm
Quoting arthurb
there is no system
dont fool yourselves
just deal with it
system is just following after the movement.
studying before deal is the most important
  • #53,016
  • Dec 30, 2008 2:56pm Dec 30, 2008 2:56pm
Quoting arthurb
there is no system
dont fool yourselves
just deal with it
the system is pay close attention and be careful
  • #53,017
  • Dec 30, 2008 2:56pm Dec 30, 2008 2:56pm
Quoting klinckphilip
ok out with 39 pips
Hey Philip, Looks like you caught the bug. Now all you have to do is figure out how to contain it.

Remember: You Don't Have To Be IN the Market to Be A Trader.

Just Sayin'

Ensure Your Future.
  • #53,018
  • Dec 30, 2008 3:43pm Dec 30, 2008 3:43pm
Quoting arthurb
there is no system
dont fool yourselves
just deal with it
scalping=desperation? Well tell that to Marty Swartz.
  • #53,019
  • Dec 30, 2008 3:47pm Dec 30, 2008 3:47pm
Still holding my short from 1.4143 Sl 1.4138 Tp is open ended. I am still anticipating a move lower, but have not done my daily analysis yet, so perhaps my opinion will change.
  • #53,020
  • Dec 30, 2008 3:50pm Dec 30, 2008 3:50pm
Quoting fortaleza
somebody in the thread posted a website with several methods.

the message of the website is: use a system, master it .. its like asian style.

somebody remember? look forward to! thx
Here it is

http://www.trading-naked.com/Setups.htm

Is Berlin your hometown?

Best regards
/ ... clarifying decisions ... /
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