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hehe, a few of the currencies have nicknames... these are what I know of...
Euro : Fiber
Great Britain pound : Sterling or Cable
Canadian dollar : Loonie
Australian dollar : Aussie
New Zealand dollar: Kiwi
Swiss franc : Swissie
Hey Loosing,
Have you made any progress on Micro Insider shorts? I remember you talking about that several months back.
Happy Binary Day!!
Last one was 10/10/10
I'm starting to think options are one hell of a way to play pinchers... I really need to read up on options.
I love the idea of minimal risk though.
joann... always look for price to make those new lows or new highs before initiating a position. Has helped me out tons.
Price bounced today just as I said it would yesterday...
It hit the bottom trend line and respected it, no problem. While it is a little wild, and the price action is huge... the chart lays way to the start of a new uptrend.
This is not how these plays normally play out... but you get one every so often. It's all part of the game. I'm in with an average of 2.55, and yes, I know you bought more towards the top.
I will hold until the 2.15 level gets broken.
Current price levels to watch... 2.50, 2.70, 2.90, this thing appears to move in .20 increments. 2.90 may give way to 3.20.
But for now, as long as 2.25 holds at the current bottom of the TL we have nothing to worry about...
Things are moving along nicely for EIGH...
As previously stated, the Company, although it accepts that it was clumsy in
some of its actions and that there may be a consent order in line with publicly issued documentation,
rectified through correcting statements voluntarily or as directed by the SEC, firmly believes that the
investigation will show no illegal or manipulative activities or wrong doing by its officer or associates.
Exactly what I was thinking.
All we did was hit the bottom TL as well. Tomorrow, we bounce.
Kerboom it said... down to S2 we go... lol
Does anyone use myfxbook.com ?
I absolutely love statistics and this crunches all of your trades (if you use MT4) and provides nice break downs on many different levels automatically.
One feature I think I find very useful is when it breaks down individual currencies and it shows you your risk with each one, which pairs are consistently more profitable for you etc. It's worth a look over IMO. Absolutely great for us statistic freaks out their
Absolutely However, it has having a very hard time moving upwards right now. Two days of green candle, although right now it is currently making a go at the Daily R1. Hasn't broken the high of the previous bear candle... 1.3002 is the daily fib 23.6. The way this is moving, it's going to have a very hard time with that one.
I am always happy with just a slice of the pie. Eating the hole thing can almost always lead you to disaster. It's great when you can finish it... but more often then not, it will upset your stomach!!
Yup, light on the trigger here as well. I tend to like consistent, predictable candles. These things are all over the place.
Hopefully our insider wasn't a rookie that happened to buy on a random rally.
Yup. This one's price action is pretty hard to read because of the spikiness of it. I'm in it until at least 2.15. The bloody spread is .30's apart... madness.
Whoa! Somebody just dumped big time (relative). 7k to 46k volume...
I've been looking to build a long position in E/U here, but it's not moving. I wont be happy with a confirmed retrace until price gets above 1.3007, so playing it pretty tight. It's been really reluctant to get up there. I guess I can't have 500 pip runs every week, huh?!? lol...
I've had the bid on TEAR all day today at 2.62. lol.
Bueller?!? Bueller?!?!
Yup, normally yes... haha, no trades on the daily right now though. Everything is either mid cycle or coming to an end. I did close my e/u position from last week today finally. Price is boxed in... so I got nothing
We did just make a new daily low on A/U, but I have between now and 6:00 pm to find an entry :)
Bleh... hesitated on the a/u short because of news release.
Geez, what happened their? That one has been in play for some time now. Are you pure options on this one?
I had a over the weekend down gapper that happened to me way earlier this year, GNVZ. Arse holes released the news that their drug failed clinical trials during the weekend. Price gapped from 2.75 down to .75, and I was holding it almost 2/3 weeks before the news.
All part of the game I suppose, but a weekend PR release? Jerks...
Edit: (The lovely chart...)
Irish Car bomb? mmmmmmmm
Pfft. I aint worried... still looking for an entry actually.
Guys, I don't know how many times losing has to iterate this, but the insider purchases do come through for a reason. These guys throwing their own money down don't just do it for any old reason. They know something is in pipes... whether today, tomorrow, or next month.
No fills today... maybe tomorrow. Buy targets are still valid (this doesn't mean they will be reached), but if this thing decides to retrace more before it's next leg up it's where my eyes are looking.
I must say the volume is a little more than disappointing... not filled here yet... but, now we wait for the catalyst...
The pictures of the new store look really nice.
Buy orders set at
2.62, 2.53, and 2.44. Let's get at it!
Yup. Forex is just too wild for me for the quicker term plays. The daily charts tend to absorb any massive news movements which I like. Once I get enough equity I'll start moving a heavier amount of cash over to my equities and scalp those.
I feel like I am gambling, sometimes even on the 1h on forex... hah.
Thanks!! I have switched to nothing but daily charts and using 1h for entry... it's all kinds of relaxing, I must say. Although I can go several days without putting an order in. Looks like i'll be holding over the weekend! Now if only I could get these swap prices to work for me as well, hah.
I love an easy week of trading, still holding 3 positions from 1.3305-1.3400 on the E/U.
What can I say... daily charts rule! No bottom in sight so far... today's break just opened it up to the 1.26-1.27 level, provided it doesn't bounce massively here... WEeeeeeeee
Hey bud... how are things going? Just checked out the results for December and they look phenomenal, as always!!
I've been buried up to my head in forex trying to get a grasp of it. I have generally tried to avoid trading in December, but I think it's time to get back at it here. My poor equities account feels lonely... No current open positions, well, other then my bags that I continually will hold onto as a reminder..., my equities have been earning an impressive .01% in the swap money market. lmao... Let's get it at !!
Wouldn't surprise me. Last two weeks of the year are hard trading due to low volatility.
Forex is all kinds of crazy too. Days go from a 50 pip range from the last few days to today's range of at least 180 right now.
8000 Inc. Shareholders,
The past few weeks have been challenging for the Company and shareholders alike.
However, it is important to note that the Company has been conducting business and progressing its
interests on all fronts to deliver success ultimately for the Company and shareholders alike in line with
its published plans as they may change over time. The Company will inform its shareholders of any
and all substantive developments periodically but minimally monthly through its investor newsletter.
SEC Investigation
The Company and all subpoenaed individuals have and are complying fully with the requests
by the SEC regarding the investigation, “in the matter of Monks Den”. Some 5Gb of data has been
collated on behalf of the Company and provided to the SEC investigation team to answer all
questions. Mr. Kelly has testified, Mr. Bryant is scheduled to testify near term and the individuals
subpoenaed are finalizing their responses to the extent not already including in the Company
response. The Company will update its shareholders on this SEC matter in its monthly reports. The
Company, although it accepts that it was clumsy in some of its actions and that there may be a
consent order in line with publicly issued documentation, rectified through correcting statements
voluntarily or as directed by the SEC, firmly believes that the investigation will show no illegal or
manipulative activities or wrong doing by its officer or associates.
Company Progress
Directly associated with the SEC investigation and consistent with the Company’s beliefs, the
Company has initiated discussions to recruit experienced special counsel to review recent trading in
the Company’s common stock. This contemplated action was addressed with the SEC naming the
expected counsel, specializing in matters of this nature. Counsel will review, use its own offices and
compile a report on all trading activity and prepare a report with its conclusion for submission to the
SEC. Such special counsel is expected to be engaged in the next few weeks.
Notwithstanding the suspension of trading (since lifted) and the Subpoena, the Company is
in discussion with a well-known, reputable market maker to file the Company’s Form 211 under SEC
Rule 15c2-11. The Company seeks to get the Company’s admitted for trading to the OTC Markets’ QX
as soon as possible and concurrently moving towards fully reporting as a priority.
Subject to the findings and response from the SEC, the Company has also indentified and
agreed to have seasoned individuals become its new management team. As reported earlier, it is
expected that members of the new management team will be experienced merchant and/or
investment bankers as members of the Board of Directors and/or officers shaping the operational
activities of the Company.
In view of the recent developments and the need to install a new management team, the
Company has decided that it needs to focus on the core businesses. The Company will refocus and
concentrate solely on what it believes are its more promising business interests, moving away from
the longer term investment strategy of acquisitions. In light of the advances it believes it has made in Barbados, and the Company’s acknowledged position, the operations in Barbados and Brand8000 will
become, for the foreseeable future, the focus moving forward.
Limegrove
The Company’s flagship store at the Limegrove Lifestyle Center is days away from
completion. The store’s opening is part of the Limegrove Center’s “global” launch. All that is
outstanding for the store is the internal fittings and the installation of the stock inventory system. The
formal hand over to the Company is December 15, 2010, the scheduled opening date for the Center
with the formal opening of the flagship store by 8000 Inc being the third week of January to coincide
with the completion of the building work in the surrounding stores. The company felt that it was not
appropriate to have clients negotiating construction activity and noise which may detract from the
customer experience.
As indicated previously, this is the first in what the Company believes to be a series of such
facilities, each carrying a range of Brand8000 lines of clothing. The marketing and advertising of the
store is now in full swing with TV, radio and full media coverage daily organized and coordinated by
the Center itself complementing the Company’s own staged events throughout the holiday season.
This is an exciting time for the Company and its shareholders alike. The company raised
capital and committed investment for the flagship store in excess of $200,000 BDS ($100,000 USD).
We are pleased to report that the store itself looks exactly like the architect’s plans and we extend
our appreciation to the developers contracted.
The Company will be issuing photographs and provide feedback to the shareholders
regarding the launch. During the Center’s “global” launch, the Company expects to organize (through
December and January) a series of events which will include signings by sporting celebrities and
catwalk shows with fashion model.
Latest Developments
During November, the Company has been in negotiation with a blue chip luxury goods and
services company operating globally. An agreement in principle has been reached whereby the
Company’s flagship store would become the site used as this luxury goods company’s single sales
location in Barbados. It is planned that the contemplated agreement will be announced in conjunction
with the 8000inc flagship store opening January 2011.
The Company has made, in its opinion, a unique marketing niche, building a reputation
through its associations and support of national and leading sports associations and official bodies.
Following that strategy, the Company has agreed to “exclusively partner” for 2011 with Proshottas
and the Milan Junior Camp ( http://www.milanjuniorcamp.com/us/index.htm ), one of the world’s
best known soccer brands, to bring the opportunity to the sporting talent of Barbados. This project
will cement the position of Brand8000 and the Company’s work at the highest level of sports and
sports branding. It is expected that the work with Proshottas will be expanded in Barbados and the
Caribbean.
8000 Inc. Newsletter team
For more information please visit:
10432
Balls Ford Road Suite 300 Manassas Virginia 20109
www.brand8000.com
www.8000incgroup.com
www.8000inc.net
Or contact:
investors@8000inc.net
I havn't seen it come into any of this mornings newsletters.
Pennies you are just absolutely killing it here lately.
That's what they all say!!!!
That question is a little too personal.... haha j/k
http://www.zerohedge.com/article/america-laughs-jon-stewart-explains-how-ben-bernanke-robbing-it-blind
Missed the nd on the linkage.
Yup This is too fun to ignore. I have been using your code as a base to learn from and look at different techniques actually.
I would love to apply a martingale setup to mine as well, but first, I need it to consistently hit above a 50% win ratio you know... haha. Otherwise that could be dangerous. I am currently looking for my bot to do 25 pips a day. If it can do that... it's on!!
So far, I have managed to get it (on back testing), to pull in a little over 200 over the course of a month; biggest issue is how to ignore the whipsaw areas as the draw down was not quite favorable to what I wanted.
I don't need a lot of pips, even though a lot would be nice, you know!
TP Hit... neat. u/j would have had a nice hit this morning too but the stoch kept it from entering.
The next peice I am going to program into my EA is the removal of the target profit when the current stop is greater than the order price.
That way, on the occasional setup where we cannot manage to hit our profit target yet, but profits are locked in, it lets it go in an attempt to let her run as long as possible.
It's funny how just not following our rules can turn us upside down. They are their for a reason, yeah!!
My bot just placed it's first order, although the strategy is slightly modified from yours just for testing purposes right now.
Short e/u 3223 target: +15 pips, stop loss: trailing stop (last HA bar high);
I know your strategy calls for pretty much exiting on the same candle, but it makes for some really nice momentum runs as well (I Imagine, at the expense of more losses though).
Time to test test test, and test s'more!
Oh, and happy birthday!