EURUSD M15 Chart short +91 pips...{image}
mind over matter
- #17,461
- Aug 29, 2013 8:31am Aug 29, 2013 8:31am
- Joined Feb 2013 | Status: constructively provocative | 1,505 Posts
- #17,462
- Aug 29, 2013 9:09am Aug 29, 2013 9:09am
{quote} Wunderbar, jalkok. It pays to get up in the morning...
I get up every morning...
and every morning at 06:30 hrs German Time I`m in front of my PC and the Charts... with coffee and a cookie ...And sometimes it pays good...And now two beer or not two beer (...Shakesbeer)
There`s no life before COFFEE!
- #17,464
- Aug 29, 2013 10:29am Aug 29, 2013 10:29am
- Joined Oct 2008 | Status: hit the road, Jack. | 500 Posts
{quote} Yes that's correct. There is no need to be tax registered as a 'company', but to be registered as a 'Sole Trader' instead. A 'Sole Trader' covers any owner-operated business that does not have employees.....much like a truck owner-driver, ar a owner-operator plumbing contractor etc etc. We have to be GST (same as the UK's VAT but cheaper) registered as well, and this comes in handy because as a 'Sole Trader' working from home I can claim a percentage of my homes power cost, heating costs, 100% of my 'plant and equipment' (in other words,...
Unfortunately the tax system here is a complete mess. A typical worker pays more than 35% of their salary directly in taxes and fees. At this point it's very similar to any developed country, right? The BIG problem is that the government does not give you absolutely NOTHING in return and still charges heavily over consumption. Here we pay taxes in order to have healthcare, education, transportation, security, infrastructure ...but if you need it, you have to go to the private sector, because public services are simply horrible, which means that in practice you're paying twice for the same service that you've already paid. Obviously the greedy government heavily taxes companies from the private sector, so they're actually getting paid twice. The government here is so incompetent that our industry is suffering from a strong lack of competitivity because of this, and I'm not sure it will ever recover. Our government is one of the most corrupt and most inefficient in the world, things just don't work here, so I feel completely entitled to pay the least amount of taxes I can to this bunch of thieves.
Any measure they take is "Bread and Circuses" (hello FIFA World cup and 2016 Olympic games
). You guys would be alarmed if you knew how high the cost of living here is in relation to the average wage of a worker.sorry for the offtopic, but I get furious when I think about everything that's wrong with this country.
now back to trading
- #17,465
- Aug 29, 2013 11:27am Aug 29, 2013 11:27am
- Joined Feb 2013 | Status: constructively provocative | 1,505 Posts
{quote} Hallo Kosmo, I get up every morning...
P.S. Surely you mean more than one cookie!
mind over matter
- #17,468
- Aug 29, 2013 4:48pm Aug 29, 2013 4:48pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
{quote} Cool. Unfortunately the tax system here is a complete mess. A typical worker pays more than 35% of their salary directly in taxes and fees. At this point it's very similar to any developed country, right? The BIG problem is that the government does not give you absolutely NOTHING in return and still charges heavily over consumption. Here we pay taxes in order to have healthcare, education, transportation, security, infrastructure ...but if you need it, you have to go to the private sector, because public services are simply horrible, which...
I understand your frustration Jack, the whole of South America suffers in this way to a greater or lesser degree as I'm sure you know.
It's not all a bed of roses here though, although corruption is non existant. A few years ago I paid $15k for my Mums hip replacement because the public health waiting list was just too long.....and it pissed me off because Mum and Dad had paid for this already throughout their working lives. And just yesterday, I coughed up $9500 for cataract removal from my Mum's eyes. She's been waiting 10 months and now they say the promise to have it done within another 6 months. Mum is 81 and this is completely unacceptable to me. Just because she's 'old', doesn't mean that she shouldn't have the best healthcare so that she can enjoy her 'twilight years'....In fact Mum is part of a walking group, she does tai-chi, she is a prolific reader and she drives herself around. She is very fit and active and all this has come to a stop because she is waiting for the cataract surgery. So I coughed up the money and the surgery is now confirmed for 17th Sept!!........but.......if I put myself at risk by skydive and I have an accident (which I did, in fact), the total cost of the accident, including surgery, rehabilitation, physiotherapy and 80% of my wages/salary will be paid for by the govt. It's completely wrong in my opinion.
Still.....Mum will be able to resume her life in a few weeks time, and I have the rest of my life to try and sort this stupid system out!!!
[/rant]
Doing what you like is Freedom. Liking what you do is Happiness.
- #17,471
- Aug 29, 2013 6:27pm Aug 29, 2013 6:27pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
EU long...................
Note the flat PA prior to entry and the previous signal short was negated by the M15 staying flat - basically saying " I'm not interested in going short"....so wait for next buy signal and if everything lines up - get on board. Note the mouth on the M15 isn't as pronounced as if it comes from <20 or >80..........but there is good separation and it's trending up....which is what you are looking for. Very cheap SL of 6 pips.............BE+2 ATM.
PM1
Note the flat PA prior to entry and the previous signal short was negated by the M15 staying flat - basically saying " I'm not interested in going short"....so wait for next buy signal and if everything lines up - get on board. Note the mouth on the M15 isn't as pronounced as if it comes from <20 or >80..........but there is good separation and it's trending up....which is what you are looking for. Very cheap SL of 6 pips.............BE+2 ATM.
PM1
- #17,473
- Aug 29, 2013 6:53pm Aug 29, 2013 6:53pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
This one is taking it's time, but it's getting there.....pretty good indications from Genesis & stoch plus divergence was a factor in taking this trade. DP will give 1:1 so we shall see.... {image}
Doing what you like is Freedom. Liking what you do is Happiness.
{quote} Trade is sitting at about +15, so I'm going to BE now because the PA seems to be struggling a bit. So all risk is removed now and I can sip my coffee and see what happens
Looking at your chart there RJ...................for a good valid trade what about adding to the trade when you get those spikes up towards the last Swing High, where your stop is?? The risk is smaller, yes some will argue that PA is against you and why add to a loser - good point, but some trade's PA does just that...retraces then heads in the direction you are after anyway...............I actually do this ONLY when the trade is near the PV, and it has proved a few times that is a good R/S, by placing another entry on the retracement and placing the stop some 4-5 pips the otherside of the PV. The R:R works out to something like at a minumum 4:1............something to think about for testing later??
PM1
- #17,476
- Aug 29, 2013 7:10pm Aug 29, 2013 7:10pm
My divergence is bigger than your divergence..... Well, since divergence is in the air I thought it a good example. Per usual late entry for me....I think too much sometimes, let's see....been range bound for a while now.....Seeing some of the good things money can do has made me slightly more interested in the stuff, just wish I could do so much for my Mother......good one RJ.....not only honorary professor but Nobel prize for helping Mum award too!!!
Well, since divergence is in the air I thought it a good example. Per usual late entry for me....I think too much sometimes, let's see....been range bound for a while now.....Seeing some of the good things money can do has made me slightly more interested in the stuff, just wish I could do so much for my Mother......good one RJ.....not only honorary professor but Nobel prize for helping Mum award too!!!
- #17,477
- Aug 29, 2013 7:17pm Aug 29, 2013 7:17pm
- Joined Oct 2010 | Status: Trader | 1,536 Posts
Note to Kiwi: Divorce yourself from that Aussie bum. He'll only bring you down. The kids will understand
- #17,478
- Aug 29, 2013 7:18pm Aug 29, 2013 7:18pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
{quote}
Doing what you like is Freedom. Liking what you do is Happiness.
- #17,479
- Aug 29, 2013 7:22pm Aug 29, 2013 7:22pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Note to Kiwi: Divorce yourself from that Aussie bum. He'll only bring you down. The kids will understand
Doing what you like is Freedom. Liking what you do is Happiness.
- #17,480
- Aug 29, 2013 7:28pm Aug 29, 2013 7:28pm
- Joined Oct 2010 | Status: Trader | 1,536 Posts
{quote} Huh?