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Aussie Trading Room and Cartoons Gallery

  • #20,981
  • Dec 19, 2012 8:52am Dec 19, 2012 8:52am
Quoting KiNgEdwarD
so what you think?
http://upload.wikimedia.org/wikipedi...kistan.svg.png Is this the flag of Pakistan? What Moon is on the flag?
daddybearforex. com
  • #20,982
  • Dec 19, 2012 8:53am Dec 19, 2012 8:53am
Quoting iNSIELD
cool I will join u if we double bottom I think or if not 1.046 area seems like a decent area to reinstitute longs what you think?
i don't want to think about that , it will trigger my sl
Sometimes it's better to be wrong,to learn..
  • #20,983
  • Dec 19, 2012 8:58am Dec 19, 2012 8:58am
Quoting KiNgEdwarD
i don't want to think about that , it will trigger my sl
lol Do u not see that as being a good support area?
  • #20,984
  • Dec 19, 2012 8:59am Dec 19, 2012 8:59am
Quoting KiNgEdwarD
i don't want to think about that , it will trigger my sl
King check out the hour it may drop down there now
  • #20,985
  • Dec 19, 2012 9:19am Dec 19, 2012 9:19am
Quoting iNSIELD
King check out the hour it may drop down there now
hedged it,n worries now
Sometimes it's better to be wrong,to learn..
  • #20,986
  • Dec 19, 2012 9:23am Dec 19, 2012 9:23am
Quoting KiNgEdwarD
hedged it,n worries now
You had long at higher level and hedged at lower level. You have built in a fixed loss already.
daddybearforex. com
  • #20,987
  • Dec 19, 2012 9:28am Dec 19, 2012 9:28am
Quoting DaddyBear
You had long at higher level and hedged at lower level. You have built in a fixed loss already.
Well, at least he can work around it, recover the loss, let it go and move on.
  • #20,988
  • Dec 19, 2012 9:30am Dec 19, 2012 9:30am
I'm just jealous because I have to live with frank dodd shite!
  • #20,989
  • Dec 19, 2012 9:30am Dec 19, 2012 9:30am
Quoting fxstir
Well, at least he can work around it, recover the loss, let it go and move on.
How does he recover his loss if it keeps moving up?
daddybearforex. com
  • #20,990
  • Dec 19, 2012 9:31am Dec 19, 2012 9:31am
Quoting fxstir
I'm just jealous because I have to live with frank dodd shite!
You can open two accounts to hedge each other in the US.
daddybearforex. com
  • #20,991
  • Dec 19, 2012 9:31am Dec 19, 2012 9:31am
Quoting DaddyBear
How does he recover his loss if it keeps moving up?
IMO, hedging is not that easy.
daddybearforex. com
  • #20,992
  • Dec 19, 2012 9:36am Dec 19, 2012 9:36am
Quoting DaddyBear
IMO, hedging is not that easy.
Hedging should be done in a the reversed way of what King has implemented. Buy low and hedge high, and vice versa.
daddybearforex. com
  • #20,993
  • Dec 19, 2012 9:40am Dec 19, 2012 9:40am
Quoting iNSIELD
If we double bottom here on the hour anyone think about taking a long?
Double bottom is a typical old school teaching. It lags too much.
daddybearforex. com
  • #20,994
  • Dec 19, 2012 9:43am Dec 19, 2012 9:43am
Quoting DaddyBear
Double bottom is a typical old school teaching. It lags too much.
What if second bottom never comes? Some NY subway routes are not running after midnight and yet some people are still waiting on the platforms.
daddybearforex. com
  • #20,995
  • Dec 19, 2012 9:47am Dec 19, 2012 9:47am
Quoting DaddyBear
You can open two accounts to hedge each other in the US.
Morning DB,

Yes, of course, but I if you work with multiple accounts, adding another one is a pain in the arse. And then what does the regulation really accomplish?

Happy Trades,
fxstir
  • #20,996
  • Dec 19, 2012 9:49am Dec 19, 2012 9:49am
Quoting DaddyBear
Double bottom is a typical old school teaching. It lags too much.
Old school teachers don't know that they can get a subway schedule at the ticket booth in the station. So, they told their students to keep waiting the subway trains regardless of whether or not the trains will be running after midnight.
daddybearforex. com
  • #20,997
  • Dec 19, 2012 9:52am Dec 19, 2012 9:52am
Quoting fxstir
Morning DB,

Yes, of course, but I if you work with multiple accounts, adding another one is a pain in the arse. And then what does the regulation really accomplish?

Happy Trades,
fxstir
FD Act works for brokers not retail traders. While the Act should curb the wider spreads, stops hunting, data filtering and so on, it does nothing for retail traders. IMO
daddybearforex. com
  • #20,998
  • Dec 19, 2012 9:54am Dec 19, 2012 9:54am
Quoting DaddyBear
IMO, hedging is not that easy.
indeed it may take time for closing these trades ,may be i need to close buy/sell several times ,
Sometimes it's better to be wrong,to learn..
  • #20,999
  • Dec 19, 2012 10:09am Dec 19, 2012 10:09am
Quoting DaddyBear
FD Act works for brokers not retail traders. While the Act should curb the wider spreads, stops hunting, data filtering and so on, it does nothing for retail traders. IMO
Which is exactly why, once it was passed into law, the name was changed to The Wall Street Reform and Consumer Protection Act. I know I feel much safer now (smirk). Isn't it interesting how laws are ushered in after they F&^K UP. Yes, I'm speaking of the economic deluge of 2008, which was caused by immoral monetary policy and the fact the FINRA and the SEC, banking regulators and other agencies didn't regulate CDOs and CMOs. I use to work for a small brokerage and FD is doing its job to root all small firms out. Smaller firms cannot afford to comply with the endless regulation. Remember what John D. Rockefeller said, "Competition is a Sin."

Happy Trades,
fxstir
  • #21,000
  • Dec 19, 2012 10:11am Dec 19, 2012 10:11am
[quote=DaddyBear;6306745]
Quoting forexalien
Regardless of how you look, bad or ugly, we are a happy family......

http://www.forexfactory.com/attachme...1&d=1353997523
Good one DB......life is life in any shape , as water is.......
The More You Learn, The More You Earn.....
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