My Trading Life

Russian forex broker RVD Markets declares bankruptcy citing Swiss Franc losses

This is why we should all treat forex brokers like one-night-love with a hostress................

Good one gives you pleasure as long as its benefical

Bad one gives you AIDS...................

Please　don't get attached............. They can tell you they sponsor Formula 1 team or soccer club.... But when shit happens.......... WORDS ARE CHEAP !

Right now I really feel like pulling out all my money..................

Cost averaging experiences , account goes down , dining goes up

Myung Ga Lunch Special

Cost: $$ (lunch special)
Food taste: 7/10
Service: 6.5/10
View: 8/10
Overall Satisfaction: 8/10 (Attributed to the view and quiet restaurant as we are the first to arrive.)

Made silly trade yesterday in longing the GBPUSD. Out of sync with my plan.........

Damage -1r



Note: Let it come more naturally and feel the rhythm.............

Daily trend is up thou.. SL too small?

Got nailed here.

Missed yesterday's trade of recovering some losses.................

Lets see how the Greece Situation will play out.

Fib taken from Monthly EURUSD,


UP and Down its 700 - 1000 pips.......


So Greece which is it going to be ???

Trading growth will rarely make you this rich but good to watch.

So who profited from Greece this morning ?

The Economist says Greece is headed for its 8th magazine cover in the last 5 years

When you keep buy-in in the wrong direction.............................the money will eventually run out...................... and the world gets fed up.

I pray that all my Greek friends aboard are safe and comfortable.

Please don't take me making money out of the situation as anything personal...........



I Trade, Therefore I Am.....................

Does any one see a potential McDonalds forming ?

Yellow line taken from chart M pattern projection. 600 plus pips from neck to double top.

Red dotted line from FIB retracement off the monthly chart historical high low.

How did you get the M pattern projection at 1.02151?
Thanks!

Hi Dave,

Nope..................If you want to play solely on that chart pattern and not MAs................

McDonalds is not confirmed yet ..........

Please trade Mcdonalds after confirmation as double top may fail and turn into a triple top.



Refer to my picture how to confirm Mcdonalds (below purple line which is also called the neckline) and there is an extra link for knowledge......



http://www.aboutcurrency.com/univers..._pattern.shtml


Below purple you will get your Happy Meal.

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Anyway today is Great Chinese Public Holiday for Hong Kong . Celebration of Hong Kong’s reunion with 5000 years of mother land cultural heritage.

So I am ‘taking a break today’.

Stay away from Russian Forex Brokers.

Some random thoughts and conversations of late with some of my thread subscribers on my whatapp chat .............


The Greek crisis presents a shorting opportunity ...............

However .............. There is alot of tension in the region............................ Greek drama, ECB , Rest of the world..................

Euro cannot drop like mad till it cheaper than China , especially for an economy that is JUST only 6% of entire EU............ and when US rates come in Sept....Further drop in eurusd..... So if you guys were ECB , would you try to cushion the fall???????? There might be some resistance to price..............

What may seem obvious ................ might not be so obvious at all ................especially when its tension money........... which doesnt demonstrate a clear down trend like last year june for EURUSD.

Or perhaps the down trend party is just waiting to start

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Meanwhile, I have been exploring with MAdash..... Basically this tool is to measure currency strength.........................

On my higher Timeframes ..................... It presented GBP and NZD pairs as being the strongest and weakest..................

If you explored GBP and NZD pairs , its not that hard to find clear strong trends .............. Will not go into the fundermentals ...... etc NZD rate cut......... Blah Blah.............

This is not tension money ............... And my system seems to work better there .............. Rather than to decipher the ups and downs of the Tension region.....

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Just some random thoughts, not to be construed as financial advice............................

OK time for me to go climb Lantau island and Meet BIG Buddha..............

Tension money ey ????

Ceasefire till next Tue...............

Some pictures from the Lantau Buddha trip ..........

I climbed UP the mountain till I forgot and missed my own DOWN signal ............ DaMN AudJPY........

Dinner Dining

NAME: House of Jasmine (Tsim Sha Tsui , Ocean Center)
Price: $$$
Ambience: 9.5/10
Service: 9/10
Food Quality: 9/10
Verdict: If you don't want to get ripped off in Hong Kong and want some where that is still classy and conveniently located in the center of Hong Kong , look no further . This is a MUST GO MUST TRY ! Great place to entertain foreign guests and cantonese cravings.