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Trade what you see NOT what you expect

  • #22,161
  • Aug 11, 2009 9:56am Aug 11, 2009 9:56am
Quoting PippiNole
I thought you were handling the negotiations. I don't want to be an employee I like the contract work idea.
Our agent is handleing all the details. He know our demands and is not willing to budge except for on 1 item. We're will to forgo the use of Air Force One.

The Mistress is going to stop me out it appears. Get you ass back up there and get me more pips.
Just digging in the trenches like everyone else!
  • #22,162
  • Aug 11, 2009 9:58am Aug 11, 2009 9:58am
HI Everyone,


Hope you have been a good day so far
  • #22,163
  • Aug 11, 2009 10:01am Aug 11, 2009 10:01am
Quoting eohater
Our agent is handleing all the details. He know our demands and is not willing to budge except for on 1 item. We're will to forgo the use of Air Force One.

The Mistress is going to stop me out it appears. Get you ass back up there and get me more pips.
Maybe we should negotiate the use of the new Gulfstreams Pelosi is wanting to purchase with our money.
  • #22,164
  • Aug 11, 2009 10:05am Aug 11, 2009 10:05am
Quoting eohater
Our agent is handleing all the details. He know our demands and is not willing to budge except for on 1 item. We're will to forgo the use of Air Force One.

The Mistress is going to stop me out it appears. Get you ass back up there and get me more pips.
She was good for a quickie. I only have 1 soldier left going south.
  • #22,165
  • Aug 11, 2009 10:05am Aug 11, 2009 10:05am
Quoting PippiNole
Maybe we should negotiate the use of the new Gulfstreams Pelosi is wanting to purchase with our money.
Now that's a good idea! Let's see if 135.39 is going to hold. That pin she just gave us on the m15 could have the power to send her down to the h4 150.
Just digging in the trenches like everyone else!
  • #22,166
  • Aug 11, 2009 10:06am Aug 11, 2009 10:06am
Quoting PippiNole
She was good for a quickie. I only have 1 soldier left going south.
I only have 3 left on the Mrs. going south. At this point, she's either going to stop me out or break 6434 and pay me well!
Just digging in the trenches like everyone else!
  • #22,167
  • Aug 11, 2009 10:07am Aug 11, 2009 10:07am
Quoting Isty
HI Everyone,


Hope you have been a good day so far
Hi Isty! Going much better today than yesterday I would say!
Just digging in the trenches like everyone else!
  • #22,168
  • Aug 11, 2009 10:10am Aug 11, 2009 10:10am
Quoting eleron
Hi,Is this valid 15/35 setup?
Hi Eleron! I thought the question was directed to Ken, so I didn't respond. Yes, it could be considered a valid 35/50 cross setup, except for the prior 35/50 cross and the tightness in the range she's create. The better play was to wait for it to cross and set a PO around 6510. This would of played out with less draw down and playing off of prior PA of a 35/50 cross. Don't forget to look left before going right! Kinda like crossing a street as our brother Turtle likes to say to remind himself before he steps into oncoming traffic.
Just digging in the trenches like everyone else!
  • #22,169
  • Aug 11, 2009 10:12am Aug 11, 2009 10:12am
The answer I gave was based on the PDF I read which says that there should ideally be little to no wick, is that just the top wick, or does it not matter that much.
  • #22,170
  • Aug 11, 2009 10:22am Aug 11, 2009 10:22am
Quoting luckylady
The answer I gave was based on the PDF I read which says that there should ideally be little to no wick, is that just the top wick, or does it not matter that much.
Your answer was fine. I like there ideally to be a little wick vs. no wick. I'm finding more and more of the candles with no wick is showing the movement is not done just yet, so I'll either set a PO for the trade or wait for another candle to develop.
Just digging in the trenches like everyone else!
  • #22,171
  • Aug 11, 2009 10:22am Aug 11, 2009 10:22am
Quoting eohater
I have the ability to use three, but I only use 1 for trading and another for my day to day office work. Since I primarily trade the Mrs. I only use 1 at home being my laptop. I hooked it up to my big screen at home (72"), I felt like I was standing beside the candles.
Damn that is a big TV. I bet your wife likes watching movies on that sucker.
  • #22,172
  • Aug 11, 2009 10:24am Aug 11, 2009 10:24am
Quoting PippiNole
Damn that is a big TV. I bet your wife likes watching movies on that sucker.
That's funny you should say my wife, she was the one who instigated getting one that big. When we went to buy the TV, I was only looking at at 55" and she kept pulling me over to the 72". I just couldn't say no to her.
Just digging in the trenches like everyone else!
  • #22,173
  • Aug 11, 2009 10:27am Aug 11, 2009 10:27am
Quoting eohater
That's funny you should say my wife, she was the one who instigated getting one that big. When we went to buy the TV, I was only looking at at 55" and she kept pulling me over to the 72". I just couldn't say no to her.
Oh sh-t, your wife and my wife must be twins. I was looking at a 55" and my wife said no I want that one over there and it was a 65". I like taking her TV shopping.
  • #22,174
  • Aug 11, 2009 10:27am Aug 11, 2009 10:27am
Looks like everyone is flocking towards the YEN for risk aversion today vs. the dollar.
Just digging in the trenches like everyone else!
  • #22,175
  • Aug 11, 2009 10:29am Aug 11, 2009 10:29am
Quoting PippiNole
Oh sh-t, your wife and my wife must be twins. I was looking at a 55" and my wife said no I want that one over there and it was a 65". I like taking her TV shopping.
We should get the wives together and all go shopping! We'd come home with all the goods then!

Although, I found at '65 Fastback Mustang last night I almost bought without her approval and she told me she wasn't too shot in the ass about buying it. Damn thing is cherry too!
Just digging in the trenches like everyone else!
  • #22,176
  • Aug 11, 2009 10:29am Aug 11, 2009 10:29am
Quoting eohater
Looks like everyone is flocking towards the YEN for risk aversion today vs. the dollar.
Not me... I was still buying Mrs Cable..
Patience + Discipline - Greed = Success
  • #22,177
  • Aug 11, 2009 10:30am Aug 11, 2009 10:30am
Quoting Infinity
Not me... I was still buying Mrs Cable..
Did you get in on the bottom at 6434? I fell asleep when she was 20 pips away from it, I couldn't hold on any longer.
Just digging in the trenches like everyone else!
  • #22,178
  • Aug 11, 2009 10:31am Aug 11, 2009 10:31am
Quoting fx local
hey guys, hows trading been?

been out of the markets for 5weeks now!! holidays!

back now and ready to rock the pips!!

should see some real volatility in the next 4months trade if last couple of years anything to go by, sept should see more volume with all traders coming back from holidays...

daily shows that last three sell offs in normal retracement parameters, cable was overbrought, there is potental to fall abit further although it could base nearer here, got trendline on daily chart going back to march 09, if that breaks then we could...
Welcome back bro!...

Great analysis as usual.... looking forward to more of your posts...
Patience + Discipline - Greed = Success
  • #22,179
  • Aug 11, 2009 10:36am Aug 11, 2009 10:36am
Just went long on the mistress at 135.42.
Just digging in the trenches like everyone else!
  • #22,180
  • Aug 11, 2009 10:36am Aug 11, 2009 10:36am
Quoting eohater
We should get the wives together and all go shopping! We'd come home with all the goods then!

Although, I found at '65 Fastback Mustang last night I almost bought without her approval and she told me she wasn't too shot in the ass about buying it. Damn thing is cherry too!
That could break the pip bank.
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