In fact i can train monkeys to trade, if P&L was the yardstick.
Those with chips on their shoulders, I send them to the grinders. And I have many. Once i sent senior dealer to work my trades at the bonds pits of a trading floor. Made him stand in the pit for long long hours working my orders. develops some humility.[/quote
Ah yes we all need a learning erercise to develop character and mindset, ya gotta love it.
??? Training monkeys, why do I have a inner feeling of personalizing this comment ?
no punt intended.
Its just a phrase I am stuck with, learned from my friend , the rotor test pilot.He can train monkeys to fly aircrafts.
In fact all we managed was to train some chimps to pluck coconuts. Since we pay peanuts , get monkeys.
OK, I am short the GBP/$ at 1.6033, with only 1/2 a normal first position. Still a little shaky on the market right now, but will follow this one up on a further break and pull back. Looking at several other possible trades now, too. Focus and fresh coffee.
ai ya figs in 1 hours time and you get in to position.
I was just about thinking where to exit for figs battle.
yesterday I was short , and they wanted to see the figs near highs.
Today I am long, and they want to see figs near low?
something fishy is in the woodworks.
I hope they have a stronger stomach than me. And a good retirement plan as well.
Yes, I have an uneasy feel about things right now, because the market feels wrong to me, but I am protecting a few pips on this GBP trade and will see what develops. I do not feel in sync with things right now. Must not hear the music -- LOL. Not sure if this is a battle of balls or brains!
yes, much wierdness.
there seems no market, only mmakers shades.
Gets a whole world went position trading feeling. There's no market feel, only wasting time. Option writers sure having a ball collecting time decay premiums.
Soon there will be more and more "theoritical edge", schemes surfacing. Oanda's going to get much competition.
about the figs trading in half an hour.
bargain, don't give edge and chase.
If its thin, you will alwasy be hitting extreme.
remember they are shading electronically.
if you work at nano seconds speed, like flash gordon,then maybe. otherwise be cool.
Better to wait to see the real sentiments and mode of reaction of the markets.
if she gaps away. she gaps.so there's no way fast gunning her.
if this is the market.just let them brokers starve la.
if they want to make a casino game of trading, then its their own funerals.
Yes, the government program to give away money to first time home buyers ran out of steam. Add to this, construction spending has fallen off the table, too. That part of the economy is in a depression. Ouch!
its not the figs I am disappointed with.
Its the manipulation, by mmakers
enough said.
if todays not get back to normal, vibrant markets.
maybe others.
the market for the moment, she stinks.
I'll call up some dealers and see whats happening.
and 012 if you are around, may be give some 2 cts ?
Because of todays early trading(sentiment) and yesterday, but i dont really understand what is going on....
So before this usd bull was eur long setting. This -16% seems to change it... But it is not so strong maybe...and eur longcan continue...
Oh fana, I am still long,
only I trading from daily charts perspective now.
so my brokers can starve to death.
Keep the -16 in perspective: its just pending home sales from November. Balance that with a better that expected number in Factory Orders, and other recent improvements in economic performance. Even though construction and real estate are poor, things are no longer falling off the cliff. This is what stability looks like. Time to get back to trading PA, not our expectations. Deep breath of fresh air and focus (I accept that bordom is part of the job -- LOL).
I don't share that seculation sentiments, Gefx
basically the figs came out very very bad,
if they were discounted, e have counter reaction.
she goes south
otherwise she goes north
if she doesn't move,then market structure has a problem
probably market is already meltdown. I. e no longert free markets.
You are the master...know how to trade well... But i really cant hold trades in many days. It is not good for my mentality.
not that fana, I am also worried about this market structure.
seems to had failed.
somethings wrong and we cannot see where.
we can fight still, to the best of our ability.
She not going south
that ok for us.
but the market behaviour seems to have no market, that worries me, I try find out whats happening while we fight on the positions.
I would like to suggest that the focus be on this support testing.
after lunch let see what happens instead of thinking tomorrow, and friday and next month.
some of us are fighting battles , in thin and manipulation.
and trying to survive the onslaught today.
regards
PS for now, she is showing us that the fig is not important , and many weak longs had been taken out before lunch.
Security talks to introduce body scanners at airports.
ya good idea.
actually if you had links to that meeting.
Maybe since most travellers are either on holiday , or going out of town. Its best if boarding aircraft dress code , is bikini and swimming trunks. the rest of the stuff just leave in checkin baggage. This sure will help the congestion of screening passengers.
Anyway we are all born naked, nothing exceptional if we board aircrafts that way.
This is another problem for our young president. There will be a very angry backlash (already started) to this one. Why not just profile the terrorists and leave the naughty pictures to Playboy? Why not have the intellegence agencies share information and return our freedom and dignity back to us? Besides, I feel sorry for the poor guy who has to look at my picture -- LOL.
wonder when mine would be posted on the net.
to beat them , maybe I ahould post in in my avatar.
then it becomes norm, and no one can sensationalise it.
Sorry to hear Chief... sure u will get it back asap...
V
yeah, we'll see.
how's you doing?
not following me on this trade would be a bon.
whats wrong with ff, all the edit buttons don't work.
and its been like that for so long. twee don't seem to have found the solution, huh.
and the site is very very slow loading up now.
and cannot delete postings or double postings.
hai ya!
If your not happy with the Full Body Scanners there trying to put in, I'm pretty sure the CIA could arrange for another Chemical 'Explosive' ( which won't actually work, as it didn't LOL ) bomb errrmm threat ( without any real threat ) to terrorise you all into going along with it.
Fishy timing don't you think on that!! We want THIS, you can't, OMG okay will fit them immediately!!
I am sure they can accomodate. I mean now even going into office buildings need to go thru scanner. Maybe office dress code bikini and swim trunks?
You see , how much we pay, the price for sin.
otherwise all of us would be walking around in our birthday suits, and there wouldn't be all this inconveniences. Only our briefcases need be scanned.
bot?
L1?, what does it mean please? Bottom and long?
About cancer scanning, it is not like that it multiplies. They thought, but modern science show, that cells are repaired after it in short time...And it doesnt concentrate(logically is not where... in soft cells, water...)...
science don't have answers for the most basic things, like what we are? so don't believe every thing they tell you. For every piece of info you are given, 10 are hidden.
aiyah our waters stinks from east to west, don't think its the industries, probably the land filling, water at the other side no need to comment lah hor.
Yah I am aware, maybe for short profits, mainly technicals telling me downside is limited already....price at equilberium ?
could it be the merchant marines, peeing into the sea regularly?
I am going to the market (not fx mkt, wet mkt) for breakfast. Also watch those grannies and aunties buy stuff from the veg and meat stalls, I learn lots from them about trading.
no not banking direct, lecturer and analyst, sporean but prefer to stay in hk for their markets. Hmm just thought you might had seen him since he was from your generation and is rather famous, at least in the chinese speaking community. Made many nice calls on economics, stock and currency markets.
I don't recall any encounters with him.
In essence, these intellectual know their stuff well. Just that many of them have difficulty on the practise. There is wide difference between knowing and doing. Treasurymen like me, we live by the minutes and hours in markets, and we battle to the best of our skills, on whats happening.
The intelligent people they see 20 years forward.Its a different world. they and us are like water and oil. Sorry to say
In all fairness, they would appeal to investment class of traders, I am just trader and dealer trying to get thru everyday without having my head decorated out on a plate.
Yeah, sometimes I feel they get a better deal health wise.
I got to know a 20 yr veteran from ocxx, also deal in currency. Taught me lots of stuff, TA and stuff like that. But he look so old compared to his real age and smokes like a chimmey...I think you know what i mean...
yeah , this man, with candles burnt both end, I may know.
i believe FTi when he says he could teach monkeys and doubt if big brain people could learn how to trade. most of my mistakes are interlectual
obama is speaking now... i ll be back
I must overcome my arrogance.
The point I as trying to communicate is that mostly, info overload , impedes a trader from making critical and necessary trigger pulling decisions. The human intellect , (from my experiences with dealers training),is that,it always looks for ways to avoid and defray painful decisions, until it becomes damaging. Such is our nature.
And it take much hands on experience and accrument to overcome this scorpion. Generally the more intellectual the person, the task becomes more uphill.
Correct, the Brain and how it works is a pain isn't it.
I simplified my system today, information overload was causing a lack of trades we'll see if it helps!!
Some of the best traders I've known are dumb dumb dumb you give them a set of rules they don't understand and they run off and follow it faithfully while I'm still 2nd guessing myself and blowing my account.
Turveyd, also not so rigid la.
Have you seen ,shooting range, reflex training before.
Trading is something like that.
There is the alertness that certain situations are in progress, as the market moves. Some are just noise info, some are distigushable clues. The mind has to be alert to the change of the situations, and some form of respond is required. You need make swift and productive judgement calls. If you sit to think about the actions required, chances is you missed. If you react recklessly, chances is you err. So you need be focus and alert to that change.
If you distract yourself with analysis, while you should be in alert and reflex mode, what are the chances that you can pull the trigger in time.
However , without constant analysis and undating of the change, its hard for the mind to recognise that a response is required.
Mostly traders are trained into pictorial(chart) change of situation as the price feed updates. His task is to update that to as analysied situational pic in his mind (fundemantals) and to come to a quick determination of the best response. And that decision is bi-normial. buy or sell,its just that simple.
All other factors are just distractions to the process. esp personal issues......... ego,inferiorities,fears, ie personality.
The more personality come into the decision process, the task get really uphill.
regards
PS some traders are even tasked with other non valid fears , like being underfunded or overtrading. these are real killers to trading mindset.
it reminds me of a course in one of my studies. the only instruction to the group was to talk and listen. then repeat what the former talker said and then react with own imput....
in fact this is pretty difficult because when someone was talking my brain started to think about how i could respond. after this thinking i forgot what was said.
i realised that i had an opinion without realy listening. i just used some info to make my own point.
and my own point used to be always contrarian.......
yes, this is a valid point. yes, right on the nail.
I am hogging the thread, and nothing happens when I come on, so I decided, hands held sessions off.
I will just post important directional lead from time to time. Maybe blottered positions,lets see. Do not follow blindly. Dance your own dance, Show me your skills.
I suggest that the greeks save themselves la.
Go back to the Drachma and peg it to some major currency.
a partial RMB and usd is a good peg for now and carry some gold value in the collateral.
Show the EU your middle fingers, it run by imbeciles anyway.
Just look at chet's performance. So very spitable.
i think we r goin to 1.8000 this year ...
good trading to all
No la , in fact we going to 2.0, time frame unknown.
will be faster if chet leaves office.
Wa lau,mahes, where did you find that crystal balls from??
put it back in the trash piles.
I enjoyed the hand holding. Fast attacks, no rescues and a cut loss. Your time spam in the forum and on the markets is remarkable. I cannot endure this much screen time and still have my brain in tact to make good trade decisions. On average after 6 intense hours trading I am done mentally. I can of course sit 24h at the screen but I find it counter productive as I start to loose objectiveness. I believe it is individual and it can be improved with training and experience.
but what i do is select edit and from the edit screen edit and select submit, some times it saves duplicate and it cannot use the other available utilities. but there is no way to delete.
I understand, but my learning process is kind of different. I need to have all of the jigsaw before I can start putting the pieces together properly, that way I can prioritise and skate over the parts that I have no problem with/spend more time studying the things I have difficulty with.
Your all very stubborn in this thread
Regards, Leon
ya we are. And your chip on the sholder willl take you places. We are all wrong and we are bad. you are good analyst and you must be correct.
during work i was thinking some more about this course... i have not enough time for trading so i'll share some thoughts...
i said it was pretty difficult to repeat what someone said and then reply. after some practice and with good concentration it is not so difficult to do.
we talked about neutral subjects and everone could listen and reply not unlike trading you can learn this....
the problems started when our teacher Denijs Bru (who could make a good dealer??) had the class figured out and got started....
example: a girl did not...
i think about it when battle cools off, interesting.
.
Thanks,
regards
I thought news time is great for having dinner so I'm at the sidelines now. Could've made a good profit as I was biased north earlier. Hmm, greed and regret are bad advisers.
need fig out what to do
from here
whats passed, passed
"Recent signs of an improving economy did not sway Federal Reserve officials from the belief that the recovery would be gradual relative to past recoveries and inflation would remain tame, according to minutes of the latest policy meeting released Wednesday"
fomc minutes on discussions over the state of economy reflect the tentatively more optimistic/somewhat guarded statement that arose after the Dec meeting. Of greater importance, perhaps, "a few" members said more asset purchases beyond the $175 billion agencies and $1.25 trillion mortgages might be needed, given the amount of slack in the economy
yeap more printing, more devaluation.
lets see how they keep word at G20 not to devalue.
the fomc minutes are supportive of the risk-taking environment, said Tim Evans, "Based on the comments coming out of the minutes, it's clear that easy money is going to continue to flow".
hello fti, you are carrying your trade beyond twigh light zone?? sounds creepy to me... but i wake up during london opening ( i need my 8 hours of sleep)
i hope you get some action when i am asleep.
wishingwell to you (in remembrance to Leighsww)
Hi j-pax,
Thanks or the well wishing.
fought into fomc, but the charge lost steam.
So awaiting the tokyo market to battle.
How are you doing?
Is profitability stable and consistent yet?
Taking about Leighsww, are you in contact with her.
I guess she would be doing good, if she can remember her training. But her spreadsheet robot I feel a little dangerous. Are you friends?
yes, those locals ares the best traders, you will get to see in action. Nimble as hell. When they chasing trends, you stand in their way, It will feel like bulldozers ran over you. Not physically, mentally. When they leaning on paper, they are so dang competitive. You got to be there to know what thats like. when there's yum trades, its like piranha pool.
Dealers are like warriors in command bunkers. Locals, they are front line. In fact, for they take it a bullet at a time.
Indeed, that's why your teachings made so much sense to me, it's like killing
Although they have charts on some screens around them. The better locals, They have charts plotting in their heads. yes , just naked prices, but that's really all you need. And hot info aon the changing fundementals, not stuff that happen an hour ago, the NOW hot happenings. In fact all the news feeds in exchanges carry up to second info of all relevant things happening across the globe. Nobody listens to news anchors. Thats dead news and mostly opinions.
closed +2,2, but it was in -15pips so far and i didnt close it soon when i entered it.... Is it ok Fti?
well you got another chance and you made good use of it. you stay nimble until trends runs, and you grab a pile of pips.Now with NFP tonight trade the range. Try get a better lunch.
fti, I see that you have very small time window for exposure. I mean if there is no impulse to bring your attacks in green in next 5-15min, you square. Or is it just me?
PS - I just found out that post editing does not work with FireFox but works fine with Internet Explorer and Google Chrome.
Hi piccolo,
not so rigid la. It depends on the momentum, and the market terrain. In ranges , overstaying positions is not clever.
this week we still trying to find the direction. So more nimble.
In runs, overstaying positions is a good thing.
Also if in ranges, when caught at tail ends , we can sacrifice time for recovery and realigning. In runs that can be deadly.
Also depends on book, this year, new book just started so I have not much foreign capital to clown around with the girls yet.
So its a firefox problem, thanks for the tip.
yeah firefox these days is getting bloated and buggy.
January 7th. According to global custodians" flow reports, real money faded yesterday"s Euro rally in size, no seriously, SIZE. Whilst inter-bank players were scrambling to pull back their shorts after the sovereign dip buyers had left them high and dry, real money accounts provided liquidity all the way up, into and including Asian and European sessions. So whilst the spec boys were driving EUR/USD to overnight 1.4446 highs, real money did an Elvis "Thank you, thank you very much..."
Tell tale was the way that EUR/JPY...
thank you,imjscn
so now I can go to rest.
Giants at work, ants wait for the spoils. Unless you have flea like capabilities, best wait for Giants battle to dust down.
Could I ask what did you see in the charts to make you flipped at that stage? I had been doing a couple of mild attacks up to the 1.4335 area with sucess. I was starting to do the same with the scout out at 1.4317 but missed the move down to 1.4290
Now I am squared and have decided to stay out until after the NFP figures. Thanks Ray
Basically invisible hands killing some BIG boy reserves manager.had been at it whole week.
The drops had been too systematic and organised. Is big hands.
Had seen this type of manipulation before. This type of pull push is very painful for term traders and fund managers. Only ay to survive is to be very nimble and ungreedy. Overstayers and views(bias) will be punished.
OK, I am short the E/$ at 1.4289, will protect the entry area up through the NFP announcement. If I can collect 25 pips prior to announcement, I'll take 'em.
Edit: flat, looking for another entry
GEfx, if for every trade you end up flat, then whats the point in trading?
I suspect you using wrong terminology?
fti, that is an interesting question. By flat I mean I am out of the trade at the entry price with no profit or loss. I will protect entry price if the trade is up 10-15 pips (as with the last trade) and if taken out, I get ready for a re-entry at a better price. If I am up 25-30 pips, I protect 10-15 pips profit on a % of the trade and let the rest ride, unless it is the first trade of the day when I take that first 25 pips. I do this only when I have a second entry price in mind that is better than the opportunity that I entered on. Once a trade...
no la, no distraction
flat = no profit and no loss.
squared = no positions
squared out = took profits or loss and have no positions.
OK, thanks and I will use that terminology. 30 mins before the big FA. It will be interesting if the manipulation will continue or will market push it aside with force. I am square and waiting.
January 7th. According to global custodians" flow reports, real money faded yesterday"s Euro rally in size, no seriously, SIZE. Whilst inter-bank players were scrambling to pull back their shorts after the sovereign dip buyers had left them high and dry, real money accounts provided liquidity all the way up, into and including Asian and European sessions. So whilst the spec boys were driving...
By the way, I presume no one read this report ,imjscn posted.
In there vital clues of the markets undercurrent.
I marked the critical in red for your peruse.
That report gave a deep view into the undercurrents , which was in the market place then. Still playing it now.Can you tell news from propaganda now?
This deep pullback makes me wonder about any continuation today.
that was liquidity provider selling. (CB or CB proxy)
They knew figs bad, pushed down whole day, systematically
Next week maybe they will bleed bad, very bad
3 bad fig in a row. They had better print more usd to intervene, and die deeper, if figs continues bad streak. Nothing new, every dang trick in the book.
Hi fti, I think 2009 will be a hard act to follow for the the US Treasury and the Fed. Bill Gross was on CNBC today saying that according to his numbers, the Treasury issued $1.5T in debt in 2009, and the Fed bought $1.2T. We may be running out of ink and paper to keep this up. Of course, the Congress is talking about more stimulus after the jobs numbers. Scary. Stupid.
Hi GEfx,
Whats new.
The Treasury issued the debt papers, The Fed printed to satisfy their need and to fund their 'excessive exuberance"
Let me ask you.
If your family , got into debt. Although the way to stay , the situation would be to borrrow more, that must be tempered with new mindset to spur higher productivity, that the debt created to stay the situation can be arrest on a later day. If the family continued with the old mindset of exuberance then it will only be pushing the family closer and closer to Chapter 11.
In fact, it is important, very important that the family , make amends to correct mindset to meet the challenge that will be down the road, in responsible and accountable manner that confidence may return to arrest the temp situation.
Do you feel that this resposibility and accountability is in place now?
Forgot to attach a pictorial (5 minute chart) of my guess work of FTI's entries (blue circle), Take Profit (blue dotted circle) and Cut Loss (red dotted circle) - please correct me if I am wrong as visualizing this correctly would help me learn MO.
Chart is my local time GMT +1
Hi Baifu(white tiger),
lol, I think your lightbulb will be brighter if you think even deeper about what you posted. you are seeing only tip of iceberg still. And too much trash on chart to see the dance.
May I ask that you do no more posting of your learning on charts, its all in the earlier postings, I had given. Only those deligent to think about it and practise can achieve the standards. Instead if you posted yor thoghts, it would be helpful to those that thinks, and I ould be obliged to redirect you if I detect that it may be astray.
I knew right from the start, that if I gave what God gave me, out in the open. Satan will be lurking and trying to abuse. You see, those that are unwilling or unable to develop the mindset, they cannot get it. Its just that simple, they will instead crucify you. In fact if they do not develop the required skills, they chop their own heads off.
So instead, satans try to package this in neat pacKages that the lazy people like and sell it to people who couldn't find this thread, or wants a quick summary. And groups of these will bring themselves to their own animals that they create. Many such cases had been highlighted to me in private, and I am not suprised at Satan. Well, the reality is , what they sow, they reap. If you do not believe me just look at the bible, its all there, but people missed it. esp those that profess that they found it. Some are even further than those that didn't. Without the walk with God, that , that which is in the good book, are just words some use to glorify themselves. Why do you think Satan challenged God. So be aware , satan is amongst us.
If you need clearication of your learning, you may want to email me. If anyone comes to you and want to sell you "my secrets". Be clear that there is none. It's all in the open. But only those that are graced with love and honour, will see. Please don't waste money on the scammers nor encourage them with more material. You are getting nearer the circle core and your understanding WILL increase as you practise and grow your experiences. Much of what is done is not written, because if you study what had been given, you will come to the necessary crossroads, and she(markets) will teach you as you journey with her while holding on to the basics.
regards
PS;At one time I felt the darkness, and stopped, God's answer to my prayer was to continue, as the truth will live, and the darkness, it will disappear as the light of truth becomes more intense. Such is the way of God's truth and it would be the same for the truths given here.
And for those whoes money was scammed, well, now you know. That was your learning curve. No one can help you if you allow. It was your freedom of choice. You chosed wrongly. And I pray that God may have mercy on satan.
Hi fti,
Agreed. I am 3 years late to this thread, am now on page 60ish of my second read, where skew, spiral in/out from phi and pi are discussed.
Quote from #813
@ Zoran
I think Zoran did ask me about my using the pi against that was suggested in the golden ratios (phi) by some posters here. I will answer him here as it is related issue.
[font=Verdana][color=black]Using a phi...
Hi baifu,
This is what i heard.
There are some people, pacjkaging the lessons and adding their indicators to the MO and MM.( The bad thing , is they are selling it, when the creator annot even master himself,) Is that wrong? Yes it is, When you add any colour to colourless water, what is the colour now. If you add a filter to photos or sound filter to music what happens? When you add the same, filters into your dance what does the sandboxes do?
In the real dance, there are so many factors at play at any one given time. When distracted from terrain by rigid colouration by parameters what does it do to the mind?
Dancing a dynamic changing environment to a rigid , preconceived perspective only make for rigidity. And it will destroy your ability to "feel" change. Infact the terrain must be in the mind, not on the chart. Can you change your plots and distractions faster than the terrain map in your mind? Unless you can then you are as rigid as any "fortune teller" and you predictions and rigidity will blind you.
If you had practised any form of competitive sport against a life exponent , you will understand what I mean. If you deoend on one or two tricks to beat a life thinking exponent you are doomed.
Give me a life exponent and we have to spar, give me a robot and its dead on it tracks.
Hi fti, Leigh sends you her best and wishes you and everyone here a happy new year.
thanks, zoran, I wish her well too. and I pray that she remembers her training, plus the extra that had been given on the thread.
I remind all, unless you have mastered , it is foolish to modify. You cannot modify skills. Even us masters , e dare not modify. I believe there are many intetelligent people reading the thread. If you had the experience, you wouldn't need read. And I am surprised that there are actually people here who have good trading skills and they read too, for them there's little to learn. Just reinorcement o their already existing skills, going back to basics. Tweaking for performance is for the novice, they'll awlays do that, to their detriment. Once mastered , there's nothing to tweak, only need practise to hold to skills.
You don't use it , you lose it.
hello fti, i feel realy weird to question what you say...anyway, for good understanding: do you mean MO and MM when you are saying skill?? because i believe sklill is a combination of what "god" has given you and how you practise; this cannot be modified.
if i am wrong please let me know and i will think harder about what you said.
pax
Hi j-pax, MO is the mode whereby you operate. The MO "we" use as pros is dance , tempo, momentum by true range, impluse , recogonistion of terrain by price PA and focus( active management).
The MM keeps us nimble to change for attack, rescues or surrender. Its the backbone of the risk equation.It keeps you as consistent as you can be and stretches range without price stretch. The MM allows for your consistency in profitability with breakdown trip switching for safety.
The skills set is to be able to put the MO and MM mix together to formulate best practises at all times in reaction to the changing terrain.(fundementally and technically). Minimising loss possibilities and enhancing profitability with the ability to stay within markets scope.The abliity to use the mix, allow for strategies that are infinite to the ability of your cap. Skills to manage the mix comes with exposure and experience over time.
Of course, if you strategise beyond your means then you are inviting risk of ruin.
How does one stay within one's means? By consistency of profitability instead of dreams and delusions of grandeur.
I tried to summarise as best I can. But this does not justify the process to understand and internalise the decision process required. This summary says nothing, because it is your persona , YOU, that the mix will react to, your mindset,personality and experience, that determines your scope for success.
my "fear" is i modify this mix and stess my cap. too much. this can be modified to my detriment. i cannot modify my skills because they are what they are.
and i hope to improve.
thank you for your reply, i have to sleep and will read tommorow with a fresh mind.
trade well trading everyone, pax
j-pax, modification at Mo and MM level is norm, its suppose to moditfy as the terrain changes.
Stressing cap, is a scorpion, its the scorpion of greed.
this scorpion , ill manifest itself in myrid forms, from overexposure to denial & ..........................
You do social work , so you know the dangers of this scorpion.
Personality is a difficult subject. OK, one example. Liars, they operate under the illusion of deception. Believe me they not only deceive others, but also themselves. When the urgency to react to markets occurs, they normally would frist tap into their deceptive way, and that is the autonomous reaction that would come to them before anything else.
another example, personalities that have chips on their shoulders. You mentioned God, so I take from that perspective. For us that have a personal relationship with God, many ( very high percentage of us) have much faith in that God will provide for us. That is wrong. He will provide for us in his mysterious ways, but as you sow so shall you reap. As is due you, within his WILL ye shall recieve. That means that we still need DO , that we shall recieve. SO faith in itself alone is not a magic wand. Faith guides in the Lords prayer, that you shall be kept from the temptation and you shall not be decieved but to relisation that right action produces right responses.So praying about bad positions isn't going to do anything. But it provides you calm backdrop to see beyond deception to execute right action. As ye sow , ye shall receive.
There too much to be said on the personality subject. The scorpions on this is enormous, but if one can recognise ego, fear,greed, deception,humility and love. One already have the means to overcome and thereby have no hangups in operating the skills required.
Good idea...I collected too...
Now let me see what happens..
be swift and nimble
Big hands seen yesterday manipulating for cheap buy
excuse of trichet speech and rates decision today.
Watch leader closely
leader is cable, should be a better buy.
watch out for sellers of euro/cable crosses. Seeking safe harbour from mismanagement due to greece issues.
Lot's o' news coming out next 45/90 minutes, euro's hanging at a strong support area... springboard or cliff ?
Should be a good day, Trade well.
regards
only important news is us retail sales
the other stuff just distractions
we experiencing systematic sell off like 3 days back, before the figs
if retail fig bad. usd goes. it will be 5th bad
I wonder what factor should change before the CBs start raising rate ...
they cant hold this level forever ...
why not?
they are only able hold inflation down by low rates.
once rates up, the competition for liquidity begins.
this happens and you have credit crunch again.
the day you hear CBs draining M2 and M3
is day you start looking for rate higher rates.
usd is run by fed is fiat money
who runs euro?
which country is resposible for its managing?
seems same.
only sovereign currency major left, seems the cable.
Think about this the next time you invest.
Note that Structural weakness is detrimental to long term investments.
Yesterday, I converted my trading account from EUR account into GBP account, --- just for welcoming the New World Order
, very sharp
Note also that heavy M1 flows into cable will experdite the ability of the iron lady to slow down the pump for growth funds and begin the draining process,if that happens, then the best candidate for rates rise and hawkish monetary policies. Orderly reflating is optimum efficiency.