Upstate
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What's next..
http://start.protectinternetfreedom.com/?src=homepage
Help save the whales, I mean Internet .
;)
As far as oil is concerned,
King Abdullah died and oil rebounds.......
Smoke and mirrors..,just an excuse to take out the short traders..then good news should come out to the consumer to take out the longs, then oil should return to the south until they can find another excuse to try to. Slow The enviable decent..
Good to see you!
;)
Greetings boys and girls.
Good to see old faces pipin in. Laughing my butt off about oil prices..you thought I was crazy when I said I see oil at $14.00 a barrel when it was a hot commodity back when..well they are saying $25. I still say $ 14. So...gold back at $400. ? I read the post about long term trades, really doesn't work out because of the swings,unless you have a lot of margin to back up your lot size. The best way to do that is 3 days..especially now days when the worlds wealth belongs to a handful of people .
So much is going on in the world I have to leave the grid ever so often to keep what sanity I have left....lol..and I'm sure I'm not alone! But if you want to try a trade for a long term try nok / jpy..very cheep and you'll have a better chance to survive a few months without looking if you plan the trade on the technical side with a weekly or monthly chart for your voyage ..me I'm a 3 day max trader but my game is still a scalper, 1min ,5,15,30 charts.with that my favorite pairs are a aud / usd....nzd / usd..
Just wanted to pip in with my two cents .
;)
mick....
you had to get me started.....on bit coin...amazing..
I found this for doge coin pool mining with your laptop..plus alot of places to click links to earn bitcoin,but dont expect to get rich over night unless the market for these internet coins explodes..still very young..definatly something to keep our eyes on..here the link to the doge laptop mining software and to learn about it..all free!free laptop doge coin mining.
I also have a book in progress..hard cover.has nothing to do with forex though.tell u more about it another time.
Sorry about getting back to you late,but absolutely .bargaining chips..a Russian guy a few years back told me a personal story surviving in Russia ,and he survived and lived well bartering his skills..in jesters early days used his personal skills to get by..if and if..all falls to pieces someone will just take your material belongings anyway..even if it was in a fdic bank..personal skills.that will be the way.
ya relentless,danny,jester,so far.time for the rest of you to shake off the dust and make some money!!
winter is coming fast in the north country..ill have plenty of time on my hands to read it.how did the ebook go for you..?ill put links to your stuff here for inquiring minds..just give me a few days
no more trucking...
now im a mechanic..went to school for 2 years,finished up last june.
just another bartering tool in my tool kit when the economy collapses.
2 miles into the race his front tire blew out.........
but he decided to continue in 40 mile an hour winds and a flat tire for 23 miles.....finished like 110......poor kid.but the nyc marathon is like the pre race to the start of the season.
it was cold ,windy and i was amazed at the security there.they shut ny down..with no fooling around....the only place i wasn't watched was when i went to the bathroom at the coffee shop.but then again i was in a white mini van..word of advice,dont go into nyc in a mini van or a van..you will be stopped.but all in all it was fun..got to spend time with my son.and the train ride was very comfortable.from now on i wall always travel by train..im going to do an upstate ny to Tuscon az.in a few months..it only cost $255 1 way..but if you want a bed its $950 more..lol think ill sleep in my seat for that price.so how are you doing..still around so your doing something right..
;)
Happy day after.!
Was robbed of all my candy by 7 pm by little ghost,gouls,and monsters last night..glad to have survived the night...hope everyone else has.
;)
Right now I'm on a train heading to the New York City marathon that's on Sunday. My son is a top rated hand cyclist..be sure to watch him at the finish line in the top 10. Any one from here gonna be there.? This is actually a very nice ride...well, hope to see one of you there..maybe hook. Up compare notes? Let me know .
After reading your article on correlation I felt you deserved it..I will be reading more as time tics by..good to see ya cap.
oh I see......
holding the physical commodity you cant go wrong.I hate to pay commission..plus you dont have instant execution..no more 24-5 trading.I''ve learned a hell of lot more about how this market works that only can come from continuous effort...I love trading and options,stocks ,ect is just boring me .
any how.
you'll be back..its in your blood already.
;)
Spot Silver drops to the lowest level since Febuary 2010 ........
.....supply and demand..silver will trade like gold,but things have changed in the past few years..gold has properties that makes it more like a currency...silver on the other hand is still trading like a commodity.....so trade it that way..
just my opinion....
so get with me and compare some charts..what are u trading ..? just silver?your a brave man charlie.....but i am curious what you have learned in the past few years..are u scalping ?
goto board /FOREX-TRADERS-5125 go through the post from the beginning..youll learn alot. anyways welcome new forex trader ..youll love it..!for now just try scalping. make a few pips ..get out.
if the trade turns on you ,dont hesitated to change positions..other wise ,you have a good chance of getting cleaned out..money management a big issue in forex trading..well good luck...welcome,and be careful.dont try to learn everything at once..its a long learning curve..try to use your charting abilities to help you...watch your economic calendar...always!enjoy basically commission free trades.
GL
;)
totally opposite of the new fed.....
Greenspan Sees Turmoil Ahead As QE Market Boost Unwinds
greenspan video
so..bond buying by the feds have stopped as of today..
the numbers from cpi ,employment ect..all look good..WE ARE HEALED!
this should be interesting to watch..got your pop corn jester????
I believe a sell across the board against the dollar..my diligent scalping trigger finger has an itch.
anybody interested in nija trader platform..
just came across it because there is an indicator that looks promising for scalpers..i downloaded a free version of nija trader 7 just to use the indicator..ill post more about it as i learn it,but if there is some one out there that knows this system..can you help me out with it??
thanks.
;)
silver chart is working on a head and shoulder pattern..should see prices dwindle down to about $9..the pop to $18 before the crash or correction or what ever you want to call it ,but the true term would be deflation..all commodities will see a big change in price.the when...i dont know...soon?
interactive silver chart
my overall thoughts would be sell into the rallies.with all that stuff ..im sure they will have a good day here and there..depending on qe3..but they are more worried about deflation.so down comes commodities of all types..you shavin yet dan?
As the teeter tots,,,,,,,,
Investors Pile Into Oil Funds at Fastest Pace in 2 Years
Investors are putting money into funds that track oil prices at the fastest rate in two years, betting that crude will rebound from a bear market.
cool beans..
;)
jester..where you at says the cAt..........
;)
NZD may be the most active vs. USD this week with the highest 1-wk implied volatility reading among the major currencies (11.80)
courtesy of FXCM
came across a ebook called naked forex trading.Glancing through it,it's not a bad book and its geared for traders like myself and my level as a trader,meaning a bit of experience...it coincides with my trading style and that is trading without indicators..and that the best and most consistent profitable traders in the world base their trading decision on naked charts.something to think about.!
indicators equals margined accounts.personally ill have a few charts up but on my 4 hr chart i use obv (on board volume )indicator...i also like the tic chart..close companion to point and figure charts.
text me for the link of the book.oh...i also use bb (boilinger bands for entries into a trade..
;)
mick..
for you.
ebook
Crude Oil Recovery Loses Steam, Copper Braces For Top-Tier China Data
Sunday, October 19, 2014 ?19:04 PM
WTI’s rebound has seemingly lost momentum as lingering supply glut concerns offset positive US data, meanwhile copper faces further volatility on Chinese economic data.
===============================================================
the end of this recession will be when oil is around $14 a barrel.
seems far fetched ,but thats what the cAt thinks..
;)
Norwegian krone..japeneese yen.....interest rate better that of usd/jpy. mimics usd/jpy.
started to trade this pair.very cheep.you can trade it side by side the usd/yen for signals because the usd/jpy will move first ,then the krone will mimic..use this pair for a longer term trade.a week or so..gl
Talking Points:
Dollar Hobbled, Equities Bolstered by Bullard’s QE Comments
Euro Fundamental Backdrop Deteriorating Faster than Currency Suggests
British Pound Jumps Higher after Rate Forecasts Rebound Sharply
Dollar Hobbled
COT: British Pound Speculators Flip to Net Short Position
British Pound speculators have flipped to a net short position. Flips sometimes precede trending moves.
[url] http://www.dailyfx.com/forex/technical/article/cot/2014/10/13/British-Pound-Speculators-Flip-to-Net-Short-Position-.html
[/url][tag]Speculators Flip[/tag]
Fundamental Forecast for Dollar:Bullish
Risk trends remain the top priority this week, but the deciding factor is conviction
The Fed’s Bullard stirred hope for a QE Taper delay, but that is unlikely and exposes ‘hope’
See the fundamental and technical forecast for the US Dollar in our updated 4Q Forecast Trading Guide
Amid extreme financial market volatility swings and talk of US stimulus plans, the US Dollar finished out a second consecutive week in the red. Yet, despite the past few weeks retreat, the currency’s larger three-month bull trend is still dominating the landscape. That technical view matches the fundamental backdrop. While there have been a few headlines and updates to cool the Dollar’s exceptional climb, there hasn’t been enough of turn the tides back towards the bear’s favor. Moving forward, the anxiety of a fragile global investor sentiment, a reinforced path of monetary policy and a possible second wave decline for the the Greenback’s largest counterparts will all support the currency’s medium-term view.
When liquidity returns next week, the first concern for market participants will be the bearings for broader sentiment. Investor confidence passed through two stages this past week. The first half was dominated by heavy selling in capital market assets that confirmed an important break that ended the previous week. Yet through the second half, a rebound for the higher return / higher risk segment and retreat for safe havens developed. In fact, through this heavy swing in confidence, the US currency never seemed to truly find grip through its safe haven status.
There is a difference between an unfavorable move in capital markets and a motivated ‘risk unwind’. The latter speaks to conviction and a motivation that is more elemental to the financial system. After a five-and-a-half year climb from the bottom of the worst economic and financial collapse in generations, it is difficult to unmoor complacency and convince market participants to cut exposure and feed speculative shorts. Yet, the recent scope of selling riskier assets and the tremendous rise in implied (expected) volatility herald a more motivated shift is building. Against record leverage, decades low participation and a cooling economic backdrop; investors are increasingly aware of the medium-term gap between price and value.
As the motivation shifts from a modest ‘risk off’ to a more systematic deleveraging, liquidity becomes the primary concern for market participants. That leverages demand for US Treasury, money markets and the Dollar itself. It may take time to reach this intensity, but implications are acute and the structural deficiencies to our current situation large enough that it planning is important. As we await the mass’s verdict on the market’s course and potential, a few other factors should be considered while trading the Dollar. The first consideration is a recent flush of hope that the Fed could backtrack on its tightening regimen.
This past week, St. Louis Fed President James Bullard – not a voter this year and more on the hawkish side with a recent call for a 1Q 2015 rate hike – turned heads when he suggested the FOMC should consider delaying its final Taper of QE3. His suggestion is more targeted towards tepid inflation, but the market in withdrawal and desperate for support reads it as a capital market boon. Realistically though, this isn't a popular opinion and the Yellen sounded very confident of an October 29 final move at the last meeting. Furthermore, delaying a few months a scaled down stimulus isn't’ the same as an increase for encouraging risk trends. We will see little more on this topic with the media blackout period coming ahead of the next meeting.
A final consideration for those trading the Majors: counterpart activity. This past week’s shudder in risk has clearly exposed the Euro-area’s troubles. Whether a trigger for global risk aversion or a direct counterbalance for the Dollar, this has considerable potential. We also have Chinese and UK 3Q GDP data on tap. – JK
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.
a bit? lol,skipping halloween this year..,its already too real.
bit coin..dont know much about it ,but i can see that..1 world currency.?ill look more into this bit coin..tradable on the currency market?
hey mick..
good to see you.i believe the currency market might be rip for my trading style..(scalping)so ,what better place to hang out while watching the tics go by..Et toi?
it was used before to save the country..but it also was helped by tobacco during the times..so put infrastructure and Mariana for 2015 and all financial problems will be gone.then we will enter into a new era.. sleep,eat and be merry.maybe then we wont be so concerned on spying on our neighbors..
it was used before to save the country..but it also was helped by tobacco during the times..so put infrastructure and Mariana for 2015 and all financial problems will be gone.then we will enter into a new era.. sleep,eat and be merry.maybe then we wont be so concerned on spying on our neighbors..
I'm noticing a pattern in theses past scalping trading sessions I'll call trolling .ill try to explain. In each trading range a lure is put out like a candle pattern,trend line pivot point ect.. Makes you jump in the trade..goes your way for about 10 pips barely,your ready to take profit,and the price slips to 5 pips so you hold.. Testers back and forth then slips negative a few pips.but mind you the trade still looks good so you stay .then like the net pulls in and your down 20 pips ,recheck the charts,you see where price is heading another 30 or so pips away,so you bail..as you watch it stops half way and does the same thing over and over..lol now trading this pattern ..not sure if you will be analects to understand it ,but if your scalping its good to know .
CEOs..
Jester..you around..how's that Greek banking stock..turned out well I guess. ??
Good luck with that...
I agree about the dollar.and don't let all the hoopla give you a wedgie .....still time to play. George is buying the dips on the dollar..remember the target for stability for usd/jpy is 110...
This is the point in time to place your bets.