standby mode up until FOMC. zzzzzzzz.
- #960,982
- Feb 17, 2015 8:07pm Feb 17, 2015 8:07pm
Tomorrow, some accounts will explode like this supply to ammunition that was ready to be delivered to a bandit. This is a vendor entertainment. http://en.wikipedia.org/wiki/Helen_%28actress%29 https://www.youtube.com/watch?v=ewvlmVnIbxQ
- #960,983
- Feb 17, 2015 8:37pm Feb 17, 2015 8:37pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
{quote} Up or down?
Everyone knows it will go both up and down, no doubt about it.
Very few know how much up and how much down. They are fooling themselves, because no one can ever know how much it will move.
Some will bet on upside and some will bet on downside and remaining will either scalp in one or both directions or rest.
Some will lose in whipsaw trying to enter and exit.
Some will lose not because they would be wrong, but they would lose only because of inappropriate position sizing, that is, gains on small positions and losses on huge positions, closing winners earlier than necessary, incorrect trade timing, etc.
Even if a trader come out as a winner in this move, there is no guarantee that such winnings would be sustainable. (There is a saying that a camel thought he was the tallest until one day he got very close to a mountain that he used to see only from a great distance).
The point is not if it will go up or down tomorrow, but where it will go in the next few weeks or months after tomorrow. Wiser of us focus on that.
The Thief of Wall Street
- #960,984
- Feb 17, 2015 8:57pm Feb 17, 2015 8:57pm
{quote} This is a very common and frequent question. Let me try an ultimate answer. Everyone knows it will go both up and down, no doubt about it. Very few know how much up and how much down. They are fooling themselves, because no one can ever know how much it will move. Some will bet on upside and some will bet on downside and remaining will either scalp in one or both directions or rest. Some will lose in whipsaw trying to enter and exit. Some will lose not because they would be wrong, but they would lose only because of inappropriate position...
- #960,987
- Feb 17, 2015 9:32pm Feb 17, 2015 9:32pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- #960,988
- Edited 10:26pm Feb 17, 2015 9:53pm | Edited 10:26pm
- Joined May 2014 | Status: From1toMillion | 9,471 Posts | Online Now
Everyone can see the chart, but only a few can actually read it.
- #960,989
- Feb 17, 2015 9:59pm Feb 17, 2015 9:59pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
{quote} This is a very common and frequent question. Let me try an ultimate answer. Everyone knows it will go both up and down, no doubt about it. Very few know how much up and how much down. They are fooling themselves, because no one can ever know how much it will move. Some will bet on upside and some will bet on downside and remaining will either scalp in one or both directions or rest. Some will lose in whipsaw trying to enter and exit. Some will lose not because they would be wrong, but they would lose only because of inappropriate position...
camel balls for you
oh shitt how is u harem still have some
- #960,990
- Feb 17, 2015 10:14pm Feb 17, 2015 10:14pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #960,991
- Feb 17, 2015 10:38pm Feb 17, 2015 10:38pm
- | Joined Nov 2010 | Status: still a Probie!!! | 3,104 Posts
for the road still in the no break no shake mood might be wrong thats what i see in the doomed chart {image} {image}
i think i will stick my nose back into my charts,, yours is making me go have another cup of coffee 
Whats shaking brother??
- #960,993
- Feb 17, 2015 10:57pm Feb 17, 2015 10:57pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
{quote} nice morning charts
hope all green and sexy on u side
- #960,994
- Feb 17, 2015 11:00pm Feb 17, 2015 11:00pm
- | Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts
Read the entire market, money is made on the main trend not the fluctuation
- #960,996
- Feb 17, 2015 11:30pm Feb 17, 2015 11:30pm
- Joined Feb 2011 | Status: building a shortfolio | 2,418 Posts
Twitter: @TrendersGame
- #960,997
- Feb 17, 2015 11:31pm Feb 17, 2015 11:31pm
- Joined Dec 2013 | Status: Trader | 2,141 Posts
f(z)=z2+c
- #960,998
- Feb 17, 2015 11:56pm Feb 17, 2015 11:56pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
SOS....... I'm a investment banker @ Spasskasse in germany. My clients are massive buying EURUSD atm..... After i closed my office to go to lunch, they burned my investment house down, while they could no longer invest long EURUSD today. I don't know how the situation is in hong kong atm....I'm happy now that my office is closed for some days........ and i can go to the carneval Duesseldorf as a muppet.
