fxfox Posted December 4, 2002 Report Posted December 4, 2002 FX: I had such good profits from the puts today that I didn't have the energy to go long. My system would have had me in and out and now in again - out around OEX 473+. Would have been okay trades, but a little too risky. risk/reward for a long trade isnt there right now and that risk calculation is the most important of all. Thats how i make money in forex, only little more than 50% of the trades are winners, but i lose 20 pips but gain 60 and more with the winners
sweefraapp Posted December 4, 2002 Report Posted December 4, 2002 Okay, I'll get some kind of position if it comes back up a little - 471.50 or so.
simple guy Posted December 4, 2002 Report Posted December 4, 2002 DARKDOC SO as not to bore this board with my lack of knowledge and simpleness... 15 years of learning. 13 months of learning the elliott wave theory and why it works, now applying it to my trading with awesome results. A good head for math... most of it is waves and fibonacci number sequences... which I relate to internally very well... Its easy stuff for me, but may be tricky for others to understand or even accept. www.elliottwave.com... suggest you subscribe to short term update, comes out mon, wed, fri nights... and start there, and then do alot of reading... it takes awhile to sink in... Good luck... btw... I have no short position right now, cashed out near the lows this morning... will be back in soon...
rog Posted December 4, 2002 Report Posted December 4, 2002 DAMN! Maybe great minds do think alike. Doc, Just wanted to point the approximate 24minute variance between your suggested high and the actual. Very scary.
Bearman Posted December 4, 2002 Report Posted December 4, 2002 ECB cutem to ZERO join Japan All the money will go to service debt RELOAD!
Guest Icky Twerp Posted December 4, 2002 Report Posted December 4, 2002 Guten Abend Liebling Stoolies! und to you, Herr Doktor! I don't have anything to say -- except what's up with Bill Gross? -- I just wanted to show off my avatar. I just joined, after Lurking for many months. I'm a couch potato investor. I rode the wave up in index funds. I was in cash for almost two years, till I found PruBear, where I project I will stay until 2018. What would you call someone who has plunged their entire IRA & 401K into BEARX & PSAFX? I believe in the Laws of Gravity.
Guest soup1 Posted December 4, 2002 Report Posted December 4, 2002 Seems to these eyes that bulls have a lot riding on the ecb. I think they will be shooting blanks.
Charmin Posted December 4, 2002 Report Posted December 4, 2002 yesterday we had a 3pm high at 925 then down to a low of 910 today - how about a repeat much lower
sweefraapp Posted December 4, 2002 Report Posted December 4, 2002 Willkommen Icky. Wir haben viele deutsche typen hier. Looks like I missed this one too. Three misses and two hits today. Batting .400.
richmtn Posted December 4, 2002 Report Posted December 4, 2002 Thanks Doc and SG. Hit the button on the Q's. It's a good day to die.
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