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  • #226,981
  • Apr 16, 2010 9:42am Apr 16, 2010 9:42am
Quoting RichLadyFX
So the so called GAP closed already? All the way to the moon now?
yes the gap, that doesnt really exist in forex because forex is 24/7 blah blah blah, has been filled...

Funny how the backfill always close that area(the gap) that doesnt really exist. It could have went down to 3495 and then up but nooooooo
had to goto 3490....go figure..
  • #226,982
  • Apr 16, 2010 9:45am Apr 16, 2010 9:45am
Quoting gatorinla
goldmen charged with fraud!!!!!!!!!!!!!!!!

Welcome back VIX... it's been a while... should be very interesting...
  • #226,983
  • Apr 16, 2010 9:45am Apr 16, 2010 9:45am
Quoting gatorinla
goldmen charged with fraud!!!!!!!!!!!!!!!!
yep....dow tankin on the news
hang on to your bread......unless you want toast
  • #226,984
  • Apr 16, 2010 9:45am Apr 16, 2010 9:45am
and once again the "gap" closes

  • #226,985
  • Apr 16, 2010 9:45am Apr 16, 2010 9:45am
Quoting IMARICH1
Driver55,

Not sure what you mean....

I have never seen $100,000.....never

Declared Bankruptcy this year as humiliating as that was due to my Ex and leaving me all the debt......I took on her legal fees from something she did and destroyed our family....I lost my house that I built and designed, I lost my kids that I loved to father and still try in the midst of the posion they get from their other side of my ex's family....I lost even myself.....IMARICH1 is a play on words.....as I can only hope that day comes.....

The most I have ever had...
See IMARICH1 ... now with a more complete picture of you ... I understand what you experienced in your life. but perhaps (and believe me, I'm not kidding), the real problem is not your trading style, but your state of mind.
I mean that this profession is not only a job but an art, it is something very special, for which the most important thing is inner balance.
The technique is not enough.
So, to simplify, to be a good trader, you must first heal your spirit, finding a kind of inner peace with everything that is part of your affective sphere.
only then you will have created the true premise.
The best thing that can happen to you is to find out where you're wrong.
  • #226,986
  • Apr 16, 2010 9:46am Apr 16, 2010 9:46am
Quoting gatorinla
goldmen charged with fraud!!!!!!!!!!!!!!!!
CNBC Breaking News: SEC Charges Goldman Sachs with Fraud on Subprime Mortgages (story developing) - no link.

It's about time someone has the guts to looking into Goldman. I'm sure if they keep looking they'll find a slew of illegal activities.

But on has to wonder, is this bad news for USD? Seeing as Goldman has their paws all over main street and wallstreet, and practically runs this country ... would this be bad news for USD? lol
  • #226,987
  • Apr 16, 2010 9:47am Apr 16, 2010 9:47am
Quoting gatorinla
goldmen charged with fraud!!!!!!!!!!!!!!!!
Yeah on Subprime Mortgages Fraud, there is about another

100+ criminal occasions left to charge those fraudsters with
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #226,988
  • Apr 16, 2010 9:47am Apr 16, 2010 9:47am
Quoting manojsai
3570 is consolidating on the LOWER side.

first short target 3481
second short target 3433
pull back and long at 3393
from 3490 we had a bounce . getting ready for second target of 3433
  • #226,989
  • Apr 16, 2010 9:49am Apr 16, 2010 9:49am
http://www.bloomberg.com/apps/news?p...T2a5L_zs&pos=1
  • #226,990
  • Apr 16, 2010 9:50am Apr 16, 2010 9:50am
hi guys,

eyes on gu.
  • #226,991
  • Apr 16, 2010 9:51am Apr 16, 2010 9:51am
Quoting gatorinla
yes but i had no more then 3% at risk at a giving time.
Multiple entries with tight stops and a nice 200 pip drop will do that. If we see a point and think price will drop 100 pips, why settle for one 1-3% entry? Why not enter, and enter, and enter again? If our analysis is good, we're just leveraging our profit for even greater gains.
  • #226,992
  • Apr 16, 2010 9:51am Apr 16, 2010 9:51am
Quoting Driver55
See IMARICH1 ... now with a more complete picture of you ... I understand what you experienced in your life. but perhaps (and believe me, I'm not kidding), the real problem is not your trading style, but your state of mind.
I mean that this profession is not only a job but an art, it is something very special, for which the most important thing is inner balance.
The technique is not enough.
So, to simplify, to be a good trader, you must first heal your spirit, finding a kind of inner peace with everything that is part of your affective...
At least in my case trading has and continues to show my faults to me on a regular basis. The trick is listening and making changes.

On a diff. note great to see some of the crooks getting their day.
  • #226,993
  • Apr 16, 2010 9:51am Apr 16, 2010 9:51am
My initial thinking is that other banks will be shitting themselves right now... in fears of that this may start a witch hunt...

So indexes down... Taking a wait and see for now...
  • #226,994
  • Apr 16, 2010 9:52am Apr 16, 2010 9:52am
added another short @ 1.3540
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Trade What You See and Not What You Think
  • #226,995
  • Apr 16, 2010 9:56am Apr 16, 2010 9:56am
Driver55,

Thanks but I understand....actually, if you knew all about me....I went thru a lot and lost alot...not a typical messy divorce....its something CBS or a Movie channel could write a movie on due to the career I am in and all that happened.....it has been difficult and most people....actually every person I speak with or who knows anything....thinks I should have snapped by now....but I haven't due to me not being wired that way.....

I can take alot and have forgiven many in my life.....the only healing I need is that I am frustrated with wher emy life is at the age of 41....starting over with ZERO....so frustrated and knowing Time feels like the enemy now.....so inner balance is there but maybe not in the area of being able to see that tomorrow will better....knowing that the law of probablitity says it may not though......I'm stuck there....money doesn;t buy happiness but it can help make happy mnemories if your not struggleling to pay the heat bill or have a different choice of soup for the day.....

And Gator you are right....I should treat the $100 as if it were a billion!

Thanks for the comments...
  • #226,996
  • Apr 16, 2010 9:57am Apr 16, 2010 9:57am
Quoting Orbital
Disagree hear, USDX and EURX are nothing more than weighted geometric means of other currencies not only Euro and USD respectively.
i spent over a year watching this.. not a 10 second glance at a post. you can see where usd started gaining. just after dow 14k.. euro weakend at the same time. both suck.. but the usd is above the euro after the cross. long before 1.6 they were attracted to cross (4/7 months)
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those who can, do. those who cant, talk about those who can
  • #226,997
  • Apr 16, 2010 9:59am Apr 16, 2010 9:59am
Amazing coincidence wouldn't you say? Goldman is charged when Dow hits 200 weekly average. SEC's message to markets - we are controlling the bubble.
Prices oscillate, trends persist. Trend is your friend.
  • #226,998
  • Apr 16, 2010 10:00am Apr 16, 2010 10:00am
Quoting gatorinla
goldmen charged with fraud!!!!!!!!!!!!!!!!
time to clean house at GS.

that's great.

m
  • #226,999
  • Apr 16, 2010 10:03am Apr 16, 2010 10:03am
Quoting SkyzerFX
Yeah on Subprime Mortgages Fraud, there is about another

100+ criminal occasions left to charge those fraudsters with
this will kill my biker buddy
those who can, do. those who cant, talk about those who can
  • #227,000
  • Apr 16, 2010 10:04am Apr 16, 2010 10:04am
Quoting jsspmk
Amazing coincidence wouldn't you say? Goldman is charged when Dow hits 200 weekly average. SEC's message to markets - we are controlling the bubble.
shoot the messenger?
those who can, do. those who cant, talk about those who can
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