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  • #20,741
  • Dec 24, 2010 2:01pm Dec 24, 2010 2:01pm
Merry XMAS to EVERYONE! It's good to hear from you fti, hope everything work out fine.

Happy Holidays to all!
  • #20,742
  • Dec 24, 2010 2:27pm Dec 24, 2010 2:27pm
Quoting eraptheman
Merry XMAS to EVERYONE! It's good to hear from you fti, hope everything work out fine.

Happy Holidays to all!
Merry Christmas,eraptheman.

Nope, in midst of storm, and getting critical.
Stopped by on Christmas for a little time after mass.
No matter, I am prepared for the worst, if so be it.

God Bless.

regards
  • #20,743
  • Edited 3:50pm Dec 24, 2010 3:29pm | Edited 3:50pm
Hi TAF family

What am I received a gift.
I recently quit smoking. I was a heavy smoker. At the ending of smoking I have "experienced hell on earth".A strong desire for a breath of cigarette smoke ...
strong desire in night and day ... hell ... desires, ideas, aspirations ...
Today friend visited me and brought me a Christmas "funny gift" ... cigarettes!
Two months strong desire, etc. ... and I lit a cigarette!
It was a gift of my life!!! ... made me sick and all the great desire for a cigarette was directed into the dark hole

Gift? I found that I'm not a slave to cigarettes ... and my desires?!?

Keep yourself happy!
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  • #20,744
  • Dec 24, 2010 9:30pm Dec 24, 2010 9:30pm
Quoting fti
Merry Christmas,eraptheman.
Nope, in midst of storm, and getting critical.
Stopped by on Christmas for a little time after mass.
No matter, I am prepared for the worst, if so be it.
...
Many thanks for dropping by despite your circumstance.

Your fortitude is highly exemplary & it's definitely an awesome motivation-inspiration for us all.
God bless

Quoting Gro
Hi TAF family
I recently quit smoking. I was a heavy smoker....
is that you?

quitting smoking is an amazing feat in itself.

again, happy holidays all!
  • #20,745
  • Dec 24, 2010 9:46pm Dec 24, 2010 9:46pm
Quoting Gro
Hi TAF family

What am I received a gift.
I recently quit smoking. I was a heavy smoker. At the ending of smoking I have "experienced hell on earth".A strong desire for a breath of cigarette smoke ...
strong desire in night and day ... hell ... desires, ideas, aspirations ...
Today friend visited me and brought me a Christmas "funny gift" ... cigarettes!
Two months strong desire, etc. ... and I lit a cigarette!
It was a gift of my life!!! ... made me sick and all the great desire for a cigarette was directed into the dark hole

Gift?...
That would be a good Xmas gift from u to me to know that u r quitting smoking

Just like Fti taught in trading there are 3 things in quiting smoking too:

1) Cigarette structure aka the harmful effects of smoking;

2) Presence of Capital or rather in this case the removal of Cigarette aka simulant;

3) Lastly and most impt of all MINDSET aka U


It's an Ant jobs but i SURE u will get there Gro!

Merry Xmas to U
"Thinking Heart & Feeling Brain"
  • #20,746
  • Dec 24, 2010 9:51pm Dec 24, 2010 9:51pm
Quoting fti
Christmas gift.
When you battle in markets, do not over burden your mind with too much arsenals. Carry only what working for you and build as experience guides, and as you journey you will improve as you master that which i had tried to unveil. Too much thoughts only burden you,same as, indicators will. Learn to FOCUS, and learn that which the market teaches daily. She is alive and there are many experiences that your must learn navigate thru. Most important, is to master YOU first. Know You,(tame ego as well) then learn what i had tried to point...
Dear Chief

Thanks for stopping by and present to us this Xmas gift.

I got something thing for u too:

Rule 1: Be Happy & Strong;
Rule 2: Be Happier & Stronger;
Rule 3: Do not forget Rule 1 & 2.

Merry Xmas Chief!!!
"Thinking Heart & Feeling Brain"
  • #20,747
  • Dec 25, 2010 4:24am Dec 25, 2010 4:24am
Merry Christmas and all the best with your trading in the New Year. Ray
  • #20,748
  • Edited 5:24am Dec 25, 2010 5:23am | Edited 5:24am
I have just found this thread a couple of days ago and find it very exciting. However, for now, to all have a wonderful Christmas.

Art
  • #20,749
  • Dec 25, 2010 8:47am Dec 25, 2010 8:47am
I just wanted to see if I had the idea of the method. Please correct me if I am wrong (better to clear up mistakes than have them become bad habits). I chose dec 24, 12:00 as the scenario.

So in this scenario gbp is leading a significant drop, and the volatility felt like a runaway train. A 17ish pip drop on the gbp translated to a 6ish pip drop in the eur (there is a significant volatility difference between the pairs, so it is likely that the USD is not causing the movements. Something is boiling in the undercurrents).

Meanwhile usdjpy made a tweezer top and was stuck in a very wild and congested range (the congested range was hinted in the morning with a tight range and failure to move). Jpy does not know where it is going, only that recently it may have found a bottom.

My thoughts:
-usd is not moving the market: possible sweep, institution wants to test market for strength to upside (it did so recently).

Binary resolve:
-Since pulse already dictated a short in direction of daily, maintain scout, but do not add to position yet (be nimble). Await further signs of troubling news and react accordingly.

Continued dance after binary resolve:
-If further along I see an up-spike beyond 3X daily returns w/ no reasonable opening to rescue on 1 hr, get out (don't burn me on th 3x rule..I still need a bit of rigidity at my stage to understand my limits. Like training wheels.).
-If windfall profits, add in one more position if condition still holds. Get a quick scalp & squeeze the spike for everything its got. Unload quickly as the spike loses volatility/over extends.
- If I have absolutely no idea what is happening and I start to feel fear/hope, kill scout. Watch exposures and reserve capital to re-access my capabilities. Regain mindset. Watch pulse and kingdoms for further signs.

~ (I know that fti says that killing scout is bad form and that scout should be in at all times to keep trader focused. BUT, I cannot afford to be caught in a sweep with my smaller capital limits (judging by the last spike). I don't have foreign currency in my reserves yet. If I had a larger account, I would not be afraid to take the punch because I could rescue. I can't afford to keep up with fti.


-am I reading this correctly for dec 24, 12:00?
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  • #20,750
  • Edited Dec 26, 2010 12:21am Dec 25, 2010 9:06am | Edited Dec 26, 2010 12:21am
Quoting Spitfire
I have just found this thread a couple of days ago and find it very exciting. However, for now, to all have a wonderful Christmas.

Art
i like, spitfire is my all time favourite aircraft. If i was born earlier probably would had gone in one of these birds, like Wing Commander Guy Gibson did.
welcome, You flyboy?

@ fullperson, of course is only sweeps, markets are closed until January.


I will just sit here for a while, find some peace.


Inserted Video


Thank you oh Lord, Thank You.

regards

@ gro, magnificent will power. yes kick the habit.
Sorry to say, i am making the tobacco companys very rich,
been chain smoking like crazy , these months.
  • #20,751
  • Dec 25, 2010 10:06am Dec 25, 2010 10:06am
Hello Fti. I greet your son. I was like him when i was teenager. What helped me to make progress with myself was music and ability to vent out moods. I am manic-deppression type. I have tocompose music, i have to scream.... Give him possibility to vent out moods. It must flows outside from his head. Often!







Quoting fti
i like, spitfire is my all time favourite aircraft. If i was born earlier probably would had gone in one of these birds, like Wing Commander Guy Gibson did.
welcome, You flyboy?

@ fullperson, of course is only sweeps, markets are closed until January.

@ all,
I just found some time sit here, is nice warm loving feeling after coming back from the police.
My son nearly died today, he snapped again.
This damned Satan is so horrible, however I pray God will deal with him with grace.
I THANK the lord, for the grace and chance to try retrieve my...
  • #20,752
  • Dec 25, 2010 10:08am Dec 25, 2010 10:08am
Quoting Fana
Hello Fti. I greet your son. I was like him when i was teenager. What helped me to make progress with myself was music and ability to vent out moods. I am manic-deppression type. I have tocompose music, i have to scream.... Give him possibility to vent out moods. It must flows outside from his head. Often!
Fti, you helped me. Now i can help you. LET HIM VENT OUT AND SCREAM!!!
  • #20,753
  • Dec 25, 2010 11:12am Dec 25, 2010 11:12am
Inserted Video
  • #20,754
  • Dec 25, 2010 11:12am Dec 25, 2010 11:12am
Quoting Fana
Fti, you helped me. Now i can help you. LET HIM VENT OUT AND SCREAM!!!
Hi Fana
If you do not know why, cause, desire, you will scream all your life ... and nothing happens, might help for a while ...

Hi FTI
It is very hard to help your difficult and complex situation.
Please pass a message to your son from me.
All Desires are like the wind, all Desires pass away ...
New day, new Sun ...

Blessings and God be with you
  • #20,755
  • Dec 25, 2010 11:21am Dec 25, 2010 11:21am
Hi Gro. I am different. Very different. My oldest relatives also were. It is the fact. I had to learn how to work with myself. If you know what is and was in my head and if you know my life, i am sure, you would say omg, damned. Regards




Quoting Gro
Hi Fana
If you do not know why, cause, desire, you will scream all your life ... and nothing happens, might help for a while ...

Hi FTI
It is very hard to help your difficult and complex situation.
Please pass a message to your son from me.
All Desires are like the wind, all Desires pass away ...
New day, new Sun ...

Blessings and God be with you
  • #20,756
  • Dec 25, 2010 1:15pm Dec 25, 2010 1:15pm
Quoting Fana
Hi Gro. I am different. Very different. My oldest relatives also were. It is the fact. I had to learn how to work with myself. If you know what is and was in my head and if you know my life, i am sure, you would say omg, damned. Regards
You do not have desires?
Every creature on this world "drives in the train of their desires" ... consciously or unconsciously ... divine creativity if you want.
RGs
  • #20,757
  • Dec 25, 2010 3:04pm Dec 25, 2010 3:04pm
Quoting dongsky
...don't forget to breath... and read again
... tinge loves exhale ... and time for read?
  • #20,758
  • Dec 26, 2010 10:00am Dec 26, 2010 10:00am
Hi all

I´m readin this tread and i have a doubt, OANDA, ALPARI or FXDD, are they marketmekers, bank dealers, or just brokers that link me with the market?

I´m having serius dificul to undestand some concepts, because english is not my nature language, sorry!

Suba
  • #20,759
  • Dec 26, 2010 11:07am Dec 26, 2010 11:07am
Suba, they are brokers that link you to the interbank market (OANDA ect work with major banks and pass the currencies onto you, the retail broker). It is hard to get direct access to the interbank because you have no established credit. They are also kind of like market makers because they make money on spread (difference in price between bid and ask).

What is your native language? Maybe someone on this thread can help you by translating?

Also, if fti is still around/anyone who knows what working in a bank is like:

-I really want to work in currencies as a career. But I have heard that getting a job as a dealer or market maker is like getting a job with the fire dept (you have to be a son/ close relative to have connect). Unfortunately, I don't have these connects. Where do I go? How do I get from university to dealing? I heard working back office is best way to get in? I am worried with amount of quants and automation..maybe fx jobs will be gone.
  • #20,760
  • Edited 10:04pm Dec 26, 2010 8:38pm | Edited 10:04pm
starting the week looking at e/u 3117, lets see where she goes, 3070 area noted.

eyes open and watchin how 3131 area responds.
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