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lmao....shoulda seen that 1 comin....
& here's a reply I got form a Nam Vet Buddy of mine up in WA from that Iraq piece that I sent to him....
US announced today we will be selling $20/billion in arms to Saudia Arabia, and the other five gulf states across from Iran.
this is their response to Russia selling arms to Iran.
just what the gulf needs, an arms race.
thank you mr. bush, i'm so comforted you looked into mr. puten's eyes and saw his soul ...
Be well, be safe.
Well here's to no 1 tradin @ all over the next 36 mrkt hrs or so ;)~
Anyone watchin the debates? Howz abouts dat redneck w/the gun control ?...."this is my baby" jokers like that who have weapons like that really scare da beeejeezus oudda me.
& he even seemed like a "level headed" redneck too....lol
& apologies in advance to all u rednecks out there :0
Tho I think it's safe ta say not too many redneck's have a fancy 4 tradin currencies....have yet to ever run across 1 o'dem.
point taken...deciding upon which propaganda front to set your line of "reasoning" 2 is da whole enchilada I suppose.
Having said that...the game of cat'n mouse goes on....which should make a certain poster here feel quite @ home ;)~
Then this may be the time where implementing the straddle strat may help ya out eh?
This is exactly the reason I'd like to learn this strat...4 the x's when I can't seem to figure out the direction.
Hmmmm....should they be nuked sooner rather than later? Get it over w/ASAP b4 they strike Israel & or the U.S. 1st? Otherwise it'll be much uglier if Israel & or the US gets hit 1st.
Starting to wonder if North Korea is playing a hand here behind the scenes? The Dung boy over there sure has been awfully quiet as of late. Is this just simply more saber rattling? Even if it is (& hopefully so of ocurse) it's still very scary stuff....which is y I feel the US & Israel should play a very strong hand here & try to put an Intl coalition in place. Only prob w/that is....Bush has absolutely no Intl support to speak of....which in turn may very well explain Iran's timing w/all of this. If they wait til the US has a new President our chances are far better for obtaining Intil support. Man alive has the Bush/Iraq thread screwed us even worse than anyone could ever imagine. That's my 2 pennines worth on the matter anyways.
& apologies for the OT political rant here....I typically don't do this sorta thing & if it happens to stir the nest here & or folks don't wanna hear it, do know that this will be my last post on the matter...u have my word on that...otherwise if you all have thick skins around here & don't mind the OT political stuff (as long as it don't get oudda hand of course)....then I guess we have a lil topic to discuss while the mrkts r closed :0
a ? w/re to the updated pr #'s
My acct says I have a profit of 20,159 or 20.159% as I began w/a an even 100K....so should not my pr be 20.16..rounded up of course?
& my realized P&L is stting at 19,385.05.....so at a minimum, shouldn't my pr be 19.38?
& yes, this was my balance @ the moment new figures were updated...I know this cuz all my postions we're closed out prior to the update & I did not open any new one's since.
Also.....pls clarify....I am assuming the P&L # is one's results NOT taking into acct one's accrued interest...or saying it the other way....the P&L is strictly one's profit w/out calcualting earned interest...is this correct or do I have it wrong?
TIA
Hmmm...wonder if we could borrow Oscar & place him front of a few charts? Guess this explains the pharse "the smell of death" :0
& w/re to yours truly holding on to 1st for the next 1.5 trading days....since no1 has ever replied to my comments of folks tending to put it all up & go boom or bust....I guess that's how it goes....& if so, guess I'll be lucky to end up in 4th. :(...
Having said that...maybe we should have a live $$$ contest? Of course then I wouldn't qualify anywho...lol
knock knock....
any1 out there doin some dd for 'pyps'..this must b y u refer 2 it as
Pick your pockets Sunday? ;)~
lookin for more cable & beast pullback....& in turn a lil turtle uprising?
Or perhaps bein Daddy @ present I shouldn't be leadin on w/re to what I'm thinken bein that it's so close to eom :0
Kewl....I'll look into'em over the wknd....thx a boatload.
& a great wknd 2 all.
Cheers!!
Do you know if they offer trailing stops? TIA/EOM
Oh I know u do....as does every1 else....
what I'm waiten for is everyone to go balls out over the last day or 2 & put it all up goin for broke....does this not typically occur at the end of each contest month? I gotta assume it does.....& if so, my lil lead I got here aint much at all....unless of course I try & fanagle those #'s a bit like a certain some1 taught us to do....lol j/k of course....I want it fair & square. Having said that....maybe I should stop trading now & be happy w/17% on the month no matter what place I come in.
2 bad it aint August tho....I could really use a few books....& a 1 mos feed for 1st is it? Good deal there indeed....so knowing me, I'll come in last next mos when there's actually somethin concrete ta win. Though bein able to pump my chest while I'm being dethroned will be pretty kewl too...lol
Just curious....anyone here use the cycle trading strat?
& yes...that was a cheap excuse to post the following ;)~
Worn_Buffet 58 55,825,192 -15.90 0.11 17.68
Had a banner day bankin another 70% on top of ystrdy's #'s
Just got lucky that my losers began ta climb back just at the most opportune time here as we get close to the eom.
But the cycle trading question is something I'd like to hear more about if anyone else has experience w/it & or any comments about it....TIA!!!
Signed,
Daddy.....hehe
4 now anyways....still gotta TON of red to deal with on it ss I went long 2+ weeks at various points..123.44, 122.48 & 120.55....so it's an understatement sayin I gotz some
ground ta make up here.
Haven't a clue but I did just go in for a sizeable long position @ 118.64.....but dont get excited gentz...it wasn't on the Oanda demo ;)~
It's peddle to the metal X baby :0
Went short late last night (1a pst) the beast & hit it for 20 pips.....the chart shows if I woulda had a wider tp mark I woulda made a boatload more. Oh well....those are the kinda problems I want...lol
I'm off to that 4X Training Institute I found in a lil while....really tryin to apply myself while I have the spare time...in another mos I'll be back to f/t Daddy Doody as my better 1/2 returns back to her classroom & her 20 2nd grade ankle biters.
I ordered "Forex for Idiot's" at B&N the other day....or is it called "The Idiot's Guide to Forex? Anywho....any other basic level 1 4X reads you guys sugg? I see the one's posted here on the board info link....anything else as of late?
TIA & Cheers!!
Maybe post from the 4X Training Institute in a few hrs...if not....back later on this pst eve.
Curious on the straddle.....let me know how it goes for you....would like to learn more specifics about that strat.
just went short the gbp/jpy (the beast is it?) @ 246.787....not lookin too good oudda the gates tho. Was just piggybackin on my thots of more of the cable retracement...if it does indeed go that way the beast should be good for a 20 pip downward move.
OK....done for the night....thot I'd be around a lil more than I was tonight...we decided to watch The Last King of Scotland...ordered it up via Comcast....man alive did Whittaker do an awesome Amin...if Forrest didn't win somethin for that role he sure as hell shoulda've. & Amin sure made Obotoe (sp?) look like Mr. Rogers :0
Ni TZzzzzzzzzzz
& now tryin to break .500 on the ask....I'm thinken it's bound to take another decent tumble sooner rather than later....maybe overnight 2nite on this here side of the pond?
& right backatcha @ the .2510 bid :0
& my din din call is long turtle @ 120.55
Gung Hay Fat Trades ;)~
Now there's a kewl lil BD present.....
no chit....1st place eh....well well well wadda ya know.
Must be beginners luck....tho somethin is tellin me you wiley ol' vets got me right where ya want me.
Gotta go grab some chinese & celebrate w/the fam....then back later tihs eve to shoot the breeze....if anyone's still awake....seems most here aint on the pst clock tho....it's gotta be one of the worst time zones for play'n this mrkt. Though I may stay up extra late tonight...til 1-2a if I can make it.
Cable might be lookin for another lil fall here....the upward retraces are gettin smaller & smaller (in both duration & movement...15 & 30 min charts) & it might be gettin ready for another tumble here @ .0510
How low will she go?
trusty magic 8 ball says.....
turtle (usd/yen...right?) due 4 some green....been on a reverse cable ride (down) for a week or so.
As long as the cable continues its' retrace...should not the usd/yen be goin up...for the most part?
Something I've found a lil hard to figure out myself...if existing sales r down then wouldn't one tend to believe folks are sitting on their $$$ & waiting out the downturn in the housing mrkt....thus keeping their cash reserves liquid...thus giving some strength to the greenback?
If that's close (tho admittedly I could be way off the mark here) then one could say the housing #'s alone really don't have all that much of an effect on the greenback related pr's. Doesn't it take several factors to truly effect the greenback? Just 1 # alone (as long as it isn't waaaay oudda whack) w/in a respectible range shouldn't really do all that much to its' related pr's.
Will any wiley old Vet here pls correct me in my line of thinking if they think I'm blowin more newbie smoke here.
TIA!!!
PS
I gotta say thx to the cable for a wonderful BD present this am.....it's about x....guess it was waiten 4 just the right occasion ; )~
Still hangin w/the cable short.....might have some way to go...sure wish I could place a trailing stop on it.
What's up pussy cat...whoa whoa whoa.....
North of 5% now....only ? is.....who else here is bankin some demo coin on the short cable?
Worn_Buffet 50 48,183,146 -15.90 0.04 5.10
'bout f'n x is all I can....
it might be jus the the cat nip I'll need to overtake the feline....then again...somethin's tellin me there's a few of us here who r also playin it short as well.
& my bugaboo w/it is that I'm already down a kings ransome on it....not sure the retrace will have enuff legs 2 it to do all that much for me.....unless it really begins to tank from here right thru eom.
Dear IHUB 4X Board Powers that be.....
fyi...tried clicking on the link to Currency Trader Mag that appears near the bottom of the info links for this board....it comes up on my screen in Chinese...Cantonese or whatever that language is. It's bad enuff w/all this stuff being Greek to me as it is....let alone some far eastern lingo :0
http://my.hn8868.com/forex/CurrencyTraderMagazines.htm
Actually looks like the dead link page from msft if I'm not mistaken....if so, not bad for not knowin the language eh.
Dropped 50% over the last 24 hrs...down to 4% & change to 2%...is it still good enuff for 2nd?...in a way I hope not..lol
Worn_Buffet 50 48,183,146 -15.90 0.02 2.14
& if that does indeed happen (which we all know it wont...jus more bs radical islam saber rattlin imo) we're all goin to hell in a handbasket....which begs the ?...how many of those fallout shelters from the 60's are still usable? :0
Depending on the broker you use the time varies....
w/MG, if you hold a position past Noon (pst) u r charged a fee for each day u have that position....& the fee also varies depending upon the pair one is holding.
So for example....dont go into a position much after 10:30 -11A (pst) over @ MG if scalpin is your plan. Other brokerages begin their new trading day at 1p or even as late as 2p pst I've found.
The other vets around here should be able to explain & elaborate further 4 u....I gotta run 4 now.
Catch up w/u later on Kimosabe.
Cheers!!
Indeed they usually do tend to comeback....at least that's been my experience over the last 7 weeks or so....just gotta be patient. Tho I am beg to wonder if my short cable will ever make a comeback move? The low 2's there (.0150 - .0200) seem so damn far away....might take a few more weeks....was hopin this would be the week it retraces...now I'm thinken maybe not....Grrrrr! Tho the week is still young.
OK...my afternoon shift is done....back later 2nite for my last 10 posts...lol
Cheers!!!
nothin wrong w/short term plays Kimosabe....
Scalpin from what I'm learning means in & out for just a few pips....5-20 max maybe....the time it takes has no bearing....tho I guess one does need to be in & out fairly quick on the scalp strat so as to not accrue rollover fees...otherwise you'll get scalped on the scalp :0
& btw....like fxcm....been there now for a day or so....haven't been able to actually have a trailing stop come into play for me as of yet....but I do like the look 'n feel of fxcm....runs a close 2nd now for me right behind MG. I currently have several open positions there on fx just so I can getta good/quick feel of that platform.
Thx to whoever gave me that 1...was it u T'Red or some1 else?
Any other brokerages out there who offer T'stops? I did find out that the 1 I mentioned the other day (Solid Gold) does offer it....then again they are on the extremely high end as far as commissions go.....guess that's how it'll go....u get what u pay 4....aint it typically always the way. Now if some1 can find me a joint that'll offer T'stops & beat fxcm's spreads there'll be a nice lil finders fee in there 4 ya :)~
& wadda ya know....u even c&p'd me in there this time....kewl!!
up 2 2nd now eh...& w/re to the mrkt being my next daddy...as long as my curfew stays @ 1a I wont mind..& my real life daddy dont mind bein replaced ;)~
Been tryin to get him interested in this mrkt cuz he's an early riser & is very astute w/#'s & thus all matters technical....bein the engineer by trade he be...he's a retired metalurgist. He luvz gettin down & dirty w/#'s & formulas.....but alas....bein retired now for approx 15+ yrs he's into capital preservation....not high risk/leverage plays.
Comin into the clubhouse turn here & the Kitty be leadin the pack by approx 50% from the closest contestent......u-whoooo...knock knock knock ;)~
Only 3 of us in the green....is this typical or did I get in on a good month ta get in? lol
In the Worn dictionary u wood b referred 2 as....
"Tonto" aka The Scalper ;)~
Worn say "nice move Kimosabe"
& now me pass'em peace pipe over 2 u
Datz da whole Worn mystique....u either luv it or hate it....no tweenerz when it comes 2 figur'n out ol' Worn :0
Look for the revised edition of the official annual Worn decoder dictionary ....@ you local newstand soon...unless u already subscribe...then it'll be in your snailmail box soon.
Trades made on a whim or mistake usually end up bein winners more x's than not. Like the blonde who walks into the sportsbook 4 the 1st x & bets a 10 team parlay based soley on the colors of the teams uni's & or good looks of the QB....makes no sense but it works...go figya ;)~
GL w/it.
& w/re to the monthly #'s......has a certain feline been nappin on da job?
So since it's required of me (but evidently not req'd of the power that b) here's my update....still hangin in my usual hood...just a skosh over 4%...so I best keep scalpin to remain there so as to not let my 2 huge open losers totally take me out.
Worn_Buffet 47 45,054,774 -15.90 0.03 4.16
& placin 7th now in the other contest I joined @ Oanda....oudda 37....startin ta fall there as others begin to make thier eom moves I suppose.
After a few rookie mistakes I've found having no more than 3 positions open @ n e 1 x works best....being the simpleton I be. I still have 2 red carry positions (long usd/jpy @ MG & short gbp/usd @ Oanda that have been open for 1 & 2+ weeks now respectively) that I'm tryin to recover from by makin a few other non-related trades...so far so good in tryin to recover from both huge hits.....approx 1/2 way there.
Back in a lil bit....
Ahh yes...the echos of being in the throws of addiction :0
Having 2 entire days off makes ya wanna shoot your wad in the 1st hr eh...lol
On a lucky week opening note....went short gby/jpn @ 249.39 & bailed for fast 1.1G+ @ 249.116
Lookin next to short usd/chf.
1 of the many reasons (not to mention the spreads at places like Oanda) folks like to sit back & just watch on Sundays....Weekly Mrkt opens can be volitile & thus quite dicey for opening new positions.
Best let the big fish do their thing...gives us lil guppies a chance to figure where they wanna take the mrkt....then come late Sun-early Mon we lil fish know better as to which way we wanna swim.
I'm learnin fairly fast that tryin to jump right in on the weekly open is priddy much nothin more than closin your eye's & chuckin a few darts....u will be lucky just 2 hit a lil cork....& most likely you'll just end up punch'n a few nice lil holes in the wall :0
I think this says it best...
"The FX market and the ever-growing number of investors, retail or otherwise, playing in the FX markets have reacted to the subprime news drip in what appears to be a confused fashion."
Buncha head fakes is all....no1 knows which way 2 go here...so eventually the mrkt comes right back....lotza uncertainty over it all imo.
Thx for the fxcm lead on t'stops....will look into it.
& Cat...thx for the audio fib piece....any1 wanna elaborate on the 'stradle' trade he was talkin about? Coverin both sides & choosin to go whichever way it leans....if I understood it correctly sounds like a decent strat.
& speakin of which....here's another strat I've been tryin ta learn about as of late....been lookin into the interest trade.....does this mean 1 must have 2 accts....1 w/a brokerage that offers interest & 1 w/a broker that does not....& of course the pr of choice for this would be gbp/yen (beast is it?) being that Japan's rate is around .50% & Britan's is around 6%. Am I gettin the basics of this strat here correct? If so....sounds like a good way to let all your sideline $$$'s sit. Place 1/2 your sideline $'s on the gbp & & the other on da yen & bank the diff in interest....so you could care less which way that pr trades...just hold it long enuff of course to make up the spread...which should be easy since it should be a position you keep open forever...or at least until the change in interst rates justifies one to make the necessary adjustments.
Is this newbie get'n these strats right?
Been meanin 2 ask.....any1 know of a demo platform that offers trailing stops?
Gotta start usin those if I wanna let profits run.
& w/re to the ? I asked the other day....I'll ask again in case folks missed it....I do tend to ramble...lol Tho admittedly it's cuz I only get 15 posts a day so I gotta get it all in.
Any1 ever hear of OperaPro & or Solid Gold...both brokerages. Solid Gold is very pricey but the charts are priddy good....& OperaPro has some pretty good spreads & is fairly user friendly....tho they dont offer trailing stops.
TIA 4 any replies on this 1.
& Cap....thx again 4 the reviews....it's been a weekly visit of mine (& will of course continue 2 b) since I've found ya.
OK....steppin out now 4 a coupla hrs....doin the park thing w/the kids (& dogs) b4 it gets too hot...backatcha's a lil later on.
Also....last Sun I noticed some mrkt activity prior to the open....does this occur on this exchange...pre-mrkt trades or do some pr's open a lil sooner than others?
Must still be takin the feline nap....gotta few more hrs 2 go...maybe the sun is presently in just the right spot warmin up the carpet & he's takin full advantage of it.
& speakin of takin full advantage of things....on the stock thread...any1 see this lil diddy from Take Two? Bein that itza Sunday (altho a preseaon NFL Sunday) I thought I'd post this 1 w/re to OJ...how low will folks go ta make $$$ ? Unreal.
I sure hope folks sell the beejeezus oudda ttwo come manana 4 tryin to pull this one off.....tho knowin the equity mrkt....ttwo will most likely have a decent coupla days over this 1....tphffffttt!!!
& I sure hope The Gold's go after ALL the proceeds that ttwo has given OJ for this....& somethin is tellin me they will.
http://www.thestreet.com/_htmlbooyah/newsanalysis/techgames/10369182.html]