Here it is {image}
peeping buddha.
regards
Technical Analysis Fallacy
- #44,861
- Feb 7, 2014 12:23am Feb 7, 2014 12:23am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
peeping buddha.
regards
- #44,862
- Feb 7, 2014 12:33am Feb 7, 2014 12:33am
- | Joined Jul 2007 | Status: Trader | 2,994 Posts
{quote}new toy. enjoy. tell me abut it later. Now enjoy. many happys ai ya no think about it la. put in 555 mini book tab. under MOM(market owes me) column.
i wish i think market owes me but na chief creates bad mindset for me...so i just think i do the best everyday....
itnot noisy
in another 30 min when total sielence and no lights music is llike heaven like trance for me.....
V
- #44,863
- Feb 7, 2014 12:34am Feb 7, 2014 12:34am
- | Joined Jul 2007 | Status: Trader | 2,994 Posts
{quote} wow. peeping buddha.
both are happy
V
- #44,864
- Feb 7, 2014 2:42am Feb 7, 2014 2:42am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
{quote}
the other thing is take central bankers and treasury depts. and politician at face value and not to take a position against them,one can use them for timing purpose particularly when everyone is making fun of them, boldly saying how stupid thses people are!
I understand what u r saying about time frame but the problem with me is I am very busy person ,I cant give the emotional focus it require to play small time frame,i need more time to thinks and plan.so its very plain to me now
1)take position in the direction of major trend with carry in ur favour
2)take central bankers seriously and try not to make and give too many interpretation and take them at face value
3)wait for the trend to correct.
4}see what glorified labour class[retail trader] are saying.
5)wait and when all the factors in place and close ones eyes and take a position.
6) yes one can still be wrong but the chances of one getting out alive is better.regards
Allah has permitted trade and has forbidden interest [koran]
- #44,865
- Feb 7, 2014 6:43am Feb 7, 2014 6:43am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
{quote}I know I am not saying anything new here but element experience behind it.my positions runs for weeks this time when the positions going against me the interest rate differential biting me as well I had to pay lot of carry for buying yen so now its no no for any position where I have to pay carry. the other thing is take central bankers and treasury depts. and politician at face value and not to take a position against them,one can use them for timing purpose particularly when everyone is making fun of them, boldly saying how stupid thses...
slept.yes is very difficult find the way trade on long tenures.
big picture trading.
i still cannot find the way do it with any success.
the fx markets when goes into term mode ,the risk become gamble.
because is basically investing into the confidence of the managing of the country.
but the money resource hinges on 1 factor , confidence.
Fx is a trading medium, so what gains get in confidence , peeps will spend it somewhere else in their standard of living.
The reason most investors tends risk it in high interest regimes is because if nothing, they can benefit from the funding and cost of carry.(interest rates differentials).
Maybe since you not have time trade , then you should explore it in investing mode. In this mode you will actually be trading in cross of chosen currency vs your domicile currency.
But really if i was investing. I would be in local markets of blue chips and govt supported projects where they not allow down side bias.
Is worlds apart from trading.
Like i promised you i am looking into Mo that can allow that, mostly because i am unable trade in any prudent manner in this health state.
But honestily i have not been able find the way yet. Nevertheless will still be trying think and find the way.
Will update here if i do find MO.
regards
- #44,866
- Feb 7, 2014 6:48am Feb 7, 2014 6:48am
- | Joined Dec 2013 | Status: Trader | 1,062 Posts
{quote}Me, i had 1 close call. Went in. But less drama these days , as knows what to expect. But managed make it to chinese new year 2014.
Wish you many more good years to come THE ALL is MIND; The Universe is Mental
- #44,867
- Edited 7:21am Feb 7, 2014 6:55am | Edited 7:21am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
{quote} Glad that you made it
thank you for your kindness.But sometime the pain ,sometimes wish go home instead.
But God is very kind, allow me switch off and come back sometimes.
Anyway i am glad alive is good.
regards
- #44,868
- Feb 7, 2014 8:12am Feb 7, 2014 8:12am
- | Joined Dec 2013 | Status: Trader | 1,062 Posts
Hi fti and fellow readers... check out this market's long sword swoshingat us 
, about 100 pips long.. looks like its pointing some finger
, about 100 pips long.. looks like its pointing some finger 
THE ALL is MIND; The Universe is Mental
- #44,870
- Feb 7, 2014 9:19am Feb 7, 2014 9:19am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
{quote}
I am really thankful to u for taking the time to think about what mo I should adopt and I am really very keenly looking forward to ur guidance and advice.
Allah has permitted trade and has forbidden interest [koran]
- #44,871
- Feb 7, 2014 10:04am Feb 7, 2014 10:04am
Hi fti and fellow readers... check out this market's long sword swoshingat us
I think it is more sitting duck hunting.
The direction i think unclear yet
Just my 2 cents
Regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
- #44,872
- Feb 7, 2014 10:18am Feb 7, 2014 10:18am
- | Joined Dec 2013 | Status: Trader | 1,062 Posts
{quote} Hi Jacque I think it is more sitting duck hunting. The direction i think unclear yet
no chickens were harmed in the process 
THE ALL is MIND; The Universe is Mental
- #44,873
- Feb 7, 2014 10:42am Feb 7, 2014 10:42am
- | Joined Jul 2007 | Status: Trader | 2,994 Posts
{quote}
My 2 cents ...i still need to find this....mostly u make cents and the n suddenly u loose lot of $$$.....tried for many years...again i am still looking bcz working in some heavy pace industry sometime i cant put time as much as i want too...
V
- #44,874
- Feb 7, 2014 11:12am Feb 7, 2014 11:12am
{quote} My 2 cents ...i still need to find this....mostly u make cents and the n suddenly u loose lot of $$$.....tried for many years...again i am still looking bcz working in some heavy pace industry sometime i cant put time as much as i want too... V
Same thing for me i have a day job and it is hard to babysit
So i try to implement fights on a basis of hourly candles
The scout is smaller the battles are longer
Hard to follow the impulse MO different
and still hard to fight
Many emotions are still present aka scorpions
My two cents
Regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
- #44,875
- Feb 7, 2014 11:14am Feb 7, 2014 11:14am
{quote} let me be a bit more clear since I took the loss I change my opinion 360 degree and I am long on geppy,I initiated about 22 small positions and out of that 7 positions showing 400 pips of profit and another 9 showing a profit of 150 pips and remaining positions at break even and plus positive carry therby recovering 50% of the loss I suffered earlier.at the moment if general condition are like what they r now and uk fundamentals improving Japanese export industry keep pressing for jpy devaluation and no crisis and less uncertainty in the...
You know 360 degrees it is still the same direction
regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
- #44,876
- Feb 7, 2014 11:26am Feb 7, 2014 11:26am
- | Joined Jul 2007 | Status: Trader | 2,994 Posts
{quote} Hei Vic
yea,
but thats the problem i have seen many times then u should be ready to give your weekly profit X 3 times ....
anyhow i am still learning.....i cant suggest anything till i get what i am doing...
V
- #44,877
- Feb 7, 2014 11:31am Feb 7, 2014 11:31am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
I mean 180 degrees{quote} Hi DrZakir123 You know 360 degrees it is still the same direction
Allah has permitted trade and has forbidden interest [koran]
- #44,878
- Feb 7, 2014 11:38am Feb 7, 2014 11:38am
{quote} yea, but thats the problem i have seen many times then u should be ready to give your weekly profit X 3 times .... anyhow i am still learning.....i cant suggest anything till i get what i am doing... V
Do not be victim to conflict of the General and Commander in you - by FTI
- #44,879
- Feb 7, 2014 11:46am Feb 7, 2014 11:46am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
{quote} yea, but thats the problem i have seen many times then u should be ready to give your weekly profit X 3 times .... anyhow i am still learning.....i cant suggest anything till i get what i am doing... V
position management skills are the most important becos it is what going to keep u alive and come out intact and the only to learn is through your own personel experience.this is the reason as well the longer u able to survive in the market the better u will be and more robust.
if nothing else but think before every trade in terms of how one going to prolong once life as trader and sit on the table as long as possible many of the problems associated with greed,scorpion,blowing of once account and other will go away.
Allah has permitted trade and has forbidden interest [koran]
