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Popee83 System

  • #601
  • Aug 16, 2009 8:27am Aug 16, 2009 8:27am
Quoting Popee83
Nice preposition. I will try and post the manual... may take a couple of days though.... and thanks again for starting the thread ..

I was thinking of this to start with more of mentor-ship work as opposed to...
Asta la vista
Attached Image
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #602
  • Aug 16, 2009 9:15am Aug 16, 2009 9:15am
THE FOREX PENAL CODE (EXCERPT)
Act 328 of 1996

750.316 First degree impulsive trade.

Sec. 316.

(1) A person who commits any of the following is guilty of first degree impulsive trade and shall be punished by margin call:

(a) Trade perpetrated by means of impatient, impulsive, or any other willful, deliberate, with greed aforethought buying or selling.

(b) Trade committed in the perpetration of, or attempt to perpetrate, careless, reckless or negligent buying or selling

(c) Trade committed out of fear of losing an opportunity

Just seen this from EURSD thread. Nice to see some guys care out there ...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #603
  • Aug 16, 2009 9:56am Aug 16, 2009 9:56am
Fiber H4:

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Looking at the PA locked inside 38.2 and 61.8 retracements. The sharp north flip from 61.8 to 38.2 loses steam and a drop ensues.

NB:
A retracement at 61.8 usually suggests a new trend is establishing itself.
A retracement at 38.2 suggest a healthy reaction and the old trend will likely continue.
A retracement at 50.0 suggest indecision.

Cable H4:

Attached Image (click to enlarge)
Click to Enlarge Name: cable_h4.gif Size: 26 KB


An interesting chart. The north flip did not survive to breach 61.8 retracement level. PA curved and now faces south.


Moreover, from Elliot wave studies we can see the potential of mid-term highs having formed in these two pairs. Five wave counts are done and the sharp drops from the highs could easily suggest this view. Hence, we are looking at some three wave counts of pull backs. I believe last weeks north flip was phase one.

Any suggestions? How come folks don't challenge me in this thread? Put your best word forward. I put my money where my mouth is ... Am short.
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #604
  • Aug 16, 2009 12:53pm Aug 16, 2009 12:53pm
I cant believe she is dating this thug .. talk about good girls making the wrong choices!

Attached Image


Disclaimer:
My apologies to all the folks who read this thread and are married to stumble upon such material. Kindly ignore. Am not married.
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #605
  • Aug 16, 2009 1:21pm Aug 16, 2009 1:21pm
Markets Will 'Abruptly' Drop 25-50%: Strategist

Dan Deighan, founder of Deighan Financial Advisors, and Rob Stein, managing partner at Astor Asset Management, explained their positions on the economy and shared their market outlooks.

Markets will drop 25 to 50 percent and it will happen abruptly, Deighan told CNBC.
“There’s no basic foundation for the run-up we’ve had, been far too rapid. It continues to run up on what’s normally considered bad news,” he said.
Deighan said in the past, Wall Street “shoved things down Main Street’s throat.” And now, he believes, "Washington" is trying to do the same. Main Street is slowly finding out "what’s going on with the banks, health care and the Federal Reserve’s moves" and they are “absolutely angry.”

 

  1. Pisani: Where's the Market Floor?

“None of this stuff is positive, and Americans are very angry in addition to being scared—a very dangerous combination,” he said.



source:
http://www.cnbc.com/id/32417835

"I am convinced that He (God) does not play dice." - Albert Einstein
  • #606
  • Aug 16, 2009 1:30pm Aug 16, 2009 1:30pm
Oil Should Be Priced at $50-55: Strategist

Oil supplies in the U.S. are at almost 20 year highs, heating oil supplies are near 25 year highs and consumers are really watching their budgets right now, "so we think oil in the 70s right now is quite overpriced," said James Cordier, founder of Optionsellers.com.

“We think that the consumer is going to have a very hard time supporting the $3-$3.50 gasoline that seems almost impossible to us,” Cordier told CNBC.
Cordier said oil should be trading between $50 to $55.
“The fact that we’re trading in the 70s… at above fair value right now, that will be rectified very soon,” he said.



link:
http://www.cnbc.com/id/32403946
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #607
  • Aug 16, 2009 1:32pm Aug 16, 2009 1:32pm
Quoting Popee83
I cant believe she is dating this thug .. talk about good girls making the wrong choices!
Am told they separated. ... LOL . I know I don't have a chance but ...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #608
  • Aug 16, 2009 2:58pm Aug 16, 2009 2:58pm
Been checking out Cable update thread .. no much action, EURSD thread too not much going on ....

Hence, all the best next week. Am setting my exits at 1.6338 cable and 1.4007 for fiber. Then will take a further deep south to 1.3848(138.2 fib S) fiber and Cable at 1.6076 (138.2 fib S).

After these levels are breached .... we will expect sharp pull-backs to the north, but should they not materialize, then further south en route .

So, later folks. Good trading and all the best next week.
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #609
  • Aug 16, 2009 3:06pm Aug 16, 2009 3:06pm
Quoting Popee83
Am told they separated. ... LOL . I know I don't have a chance but ...
You never know ... send her agent an email ... you know you want to

NEVER say never, but just be careful what you wish for - it may just come true.

p.s. Mention you named your trading system after her
  • #610
  • Aug 16, 2009 3:19pm Aug 16, 2009 3:19pm
Quoting macman
You never know ... send her agent an email ... you know you want to

NEVER say never, but just be careful what you wish for - it may just come true.

p.s. Mention you named your trading system after her

I don't think girls like Katy fall for the likes of me. My life revolves around finance. These chicks are all about fun and cranky stuff.

Thanx though ... I shall try anyway ... wish me luck man.
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #611
  • Aug 16, 2009 3:26pm Aug 16, 2009 3:26pm
Is there any chance you know Dr. House? Seen you are using his avatar ... Nice guy, I like his medical affluence in the medical sequel 'House' ....
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #612
  • Aug 16, 2009 3:32pm Aug 16, 2009 3:32pm
Quoting Popee83
Is there any chance you know Dr. House? Seen you are using his avatar ... Nice guy, I like his medical affluence in the medical sequel 'House' ....
Dr. House's ex, the legal lady .. have seen he was snatching the lady from another crippled guy ... LOL
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #613
  • Aug 16, 2009 3:47pm Aug 16, 2009 3:47pm
Quoting Popee83
Dr. House's ex, the legal lady .. have seen he was snatching the lady from another crippled guy ... LOL
I have had a rich and varied life. After leaving the City where I was a sterling trader, I went to journalism school and for a while interviewed film and TV actors for European newspapers, so have met quite a few including Hugh Laurie (Dr. House).

Which leads me on to how you are going to meet Katie. Get yourself some press accreditation from a well read paper or magazine, then contact her agent in a correct and businesslike manner asking for an interview. You may only get offered phone contact, and it may take some time, but it is a start. Do your research and ask intelligent and stimulating questions. Her agent will check with the paper/magazine, so it is no use just making something up.

So called 'stars' are no different to you and me.

Hope nobody else reads this or you will have competition ...
  • #614
  • Aug 16, 2009 4:58pm Aug 16, 2009 4:58pm
Quoting macman
I have had a rich and varied life. After leaving the City where I was a sterling trader, I went to journalism school and for a while interviewed film and TV actors for European newspapers, so have met quite a few including Hugh Laurie (Dr. House).

Which leads me on to how you are going to meet Katie. Get yourself some press accreditation from a well read paper or magazine, then contact her agent in a correct and businesslike manner asking for an interview. You may only get offered phone contact, and it may take some time, but it is a start. Do...
Shall try even though am on other end of the world ... Nice tips man. Trading for next week, will be looking at the UK CPI.
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #615
  • Aug 16, 2009 8:27pm Aug 16, 2009 8:27pm
Now more tough love to the rookies ... we get into the 'calculus' of human behavior .. no more geometry and simple algebra ...

Hence, start by digesting this book if you haven't already .... no more baby steps ... now we hit the ground proper for more serious trade analogies.

We understand mob behavior ... Here we go .. hope you enjoy
Attached File(s)
File Type: pdf The crowd - Justave le bon.pdf   314 KB | 229 downloads
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #616
  • Aug 17, 2009 1:22pm Aug 17, 2009 1:22pm
Fiber h4:

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Cable h4:

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Click to Enlarge Name: cable_17th.gif Size: 26 KB


Xau h4:

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Click to Enlarge Name: xau_17th.gif Size: 28 KB


Not a bad Monday.Am back to the house to close open trades.Too bad a hurricane is underway. Hope we all made a fortune today ..
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #617
  • Edited 1:53pm Aug 17, 2009 1:50pm | Edited 1:53pm
Congrats to the fastest man on the planet ... He should race a leopard ..

Attached Image


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Kudos, I suppose he is faster than the former American star Michael Johnson.

Liverpool - "You'll never walk alone" looses the first match 2:1. But still early in the season. could turn tables ... (hopefully)
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #618
  • Aug 17, 2009 2:35pm Aug 17, 2009 2:35pm
Four Signs the Stock Market Has Finally Begun a Correction

After waiting months for a pullback from the stunning five-month stock rally, Wall Street may have met its match Monday.
http://media.cnbc.com/i/CNBC/Section...chart_down.jpg
Stocks went into a tailspin that ostensibly came after disappointing GDP numbers out of Japan.
But the real roots of the downturn seem to run deeper. Continued weakness from the consumer led a bevy of other signs that have market pros convinced that stocks have begun a correction—typically defined as a drop of at least 10 percent.
The only questions seemed to be how deep and how long.

http://media.cnbc.com/i/CNBC/Section...jeff_100_2.jpg
http://media.cnbc.com/i/CNBC/Compone...ges/spacer.gif
Jeff CoxStaff Writer
CNBC.com

"The market seems to be second-guessing its recovery thesis—rightfully so," said Chip Hanlon, president of Delta Global Advisors in Huntington Beach, Calif. "If the market wants to focus on the consumer, it's going to have a hard time going higher."
Yet he thinks that even a sharp correction might still leave the markets in decent shape as the government continues to spend aggressively to spur economic growth.

"Could we see a 700- to 1,000-point selloff? We could have one and the bulls could still be saying it's a bull market," he said. "It would be a very normal correction in my book."
While Hanlon attributed the looming correction primarily to consumer issues, there were a host of other reasons cited by other analysts.

1) Earnings Hangover
While a wildly successful earnings season—at least in terms of comparison to Wall Street estimates—helped propel the 50 percent stocks rally off the March lows, the winding down of earnings could have the opposite effect.
"Earnings were good because they were cutting costs. They weren't good because there wasn't any growth," Lutz said. "Now that we're through earnings, people are saying, 'Where's the growth?'"



link:
http://www.cnbc.com/id/32448965
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #619
  • Aug 17, 2009 2:46pm Aug 17, 2009 2:46pm
Quoting Popee83
Four Signs the Stock Market Has Finally Begun a Correction

After waiting months for a pullback from the stunning five-month stock rally, Wall Street may have met its match Monday.

Stocks went into a tailspin that ostensibly came after disappointing GDP numbers out of Japan.
But the real roots of the downturn seem to run deeper. Continued weakness from the consumer led a bevy of other signs that have market...
This is the caption that matters ... the rest is JUNK! So, hope new traders can learn how to sift through press releases and filter out what is valuable info and what is not. I this view is verified, a lot of pros will sell as far as it goes. Definitely a tailspin ...

"Inside DopeCloser to home, those looking for a correction also are watching selling by traders inside companies.
Insiders have been selling at a rate 28 times more than they have purchased in the last month, said Dave Lutz, managing director of trading at Stifel Nicolaus in Baltimore.
"You have insiders selling to the crowd," Lutz said. "You never want to be investing with the crowd."
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #620
  • Aug 17, 2009 3:05pm Aug 17, 2009 3:05pm
Whats up ... How was the day .. a blast I hope!
"I am convinced that He (God) does not play dice." - Albert Einstein
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