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just dont put me on da bar-b is all I ask :0
already nudgin green....nice!
& 'cept 4 the short turtle & long gbp/usd I'm lookin Kermit (aka green...which it is easy bein...no matter what he says ;)~
for the time being.
& thx LT for the meetup tip....I'll ck that 1 out fo'sho.
OK...best slow down 4 now....I've blown thru 1/2 my IHUB allowance on the day...+ it's family hr.
Cheers!!
put me down for .8360
or shall I say "tie me kangaroo down sport" ?
Yeah....I had a hunch that's what synthetic meant....tyvm 4 pullin out the chalk board LT!!!
I think I've cleaned myself off now.....took some losses in order to do so...only -168 so it was a fairly inexpensive error & I do feel a lil better now thx to all the comments.
Here's how the open trades look now
long gbd/usd @ 1.9697
short turtle @ 122.93
long euro/usd @ 133.10 & .07
Bein long both on the euro & gbp vs usd @ the same time is goin overboard.....but at least at this pt all of'em except the turtle are now just begining to tease in the green...have almost recovered 4 those bonehead moves earlier in the day.
hey....if anyone ever finds themself out west in Nor Cal....pls say the word...I live approx 30 mins east of SF.....would really enjoy the opp to meet up w/you any of u Guru's. & my summers are fairly open as my better 1/2 is a school teacher...so she's home now for a coupla mos & is able to help me out w/our 2 girls.....so my days are wide open from now til late Aug. I've been tryin ta look for some 4X folks in my neck of the woods but that aint an easy task I'm finden out...not 2 many have an interest....or the stomach...lol
I have a friend who has owned his own Wealth Management Outfit for approx 20 yrs now (approx 200M under mngmt)...he tells me I'm nuts for tryin ta figure out this exchange....& I bet ya many of you would tell me he's right...lol
Muchas gracias again for all the pointers & patience....I'll tip ya on da way out ; )~
I have 2 long euro/usd positions...1 @ 133.07 & the other @ 133.10
my standing errors that remain open are long usd/jpy @ 122.98 & short gbp/usd @ 196.92
the term "synthetic" position is new to me....I think I know what u r ref to but not sure.
Thx 4 all the help...as long as u r willing 2 provide suggs I have pen & paper @ hand workin o/t takin notes.
OK...lookin 2 repent 4 the errors of my rookie ways...
open order 2 short turtle @ 122.93
Oh oh....now I'm usin da lingo....after a week am I finally goin 2 da other side? :0
Thx for all the input....
all good pts 2 consider. As I found just ystrdy w/a few positions...it did seem I was fightin myself...you'd think 1 would learn from thier mistakes...Grrrr. My only justification (albeit admittedly a very weak 1) was how the short term charts in ? were lookin.
So it's no surprise that I'm curently suckin wind w/both long usd/jpy & short gbd/usd...& chances are it'll get worse as they're only down by approx 8 & 9 pips converseley at this moment...sigh!
long eur/usd however is barely holdin its' own...above water by a pip....maybe I should nibble some more to try & make up for the earlier mistakes that are sure to drag me down as the hrs progress.
OK...note 2 self....no matter what the chart looks like, always keep in mind other open positions...& if a position fills, be sure to close any open orders that would butt heads.
Good stuff....hopefully I wont have 2 b reminded for a 3rd x going 4ward..especially w/such elementary rookie errors.
more dart chuckin...
long eur/usd 133.07
long usd/yen 122.98
short gbd/usd 196.92
continue to base it all on short term t/a
comments on my chart readings most welcomed....as always.
Cheers!!
Wooopsy....sorry Cap....was thankin JRB 4 the Oanda link....but I should also thank u 4 all your insightful input as well....as well as the feline & every1 else on this thread. Been learnin a lot here from u all....a kazillion thx all 'round.
Rob
Thx for the Oanda link....seems their spreads are quite reasonable....w/a boatload more pairs ta boot....at least more so than MG....& they also make MG's spreads look like over priced Nike's @ a Nordstrom's.
Closed out the long aud/usd last night @ 102.03 for a lil green...& yes, I did close it out early again...logged back on 1 more time late & saw that it was up so I took it & ran. & lookin back at it now it seems that was the right move as that was prety much the last high....lucked out there.
& I take it from the looks of things that w/re to the ? of programs such as 4X Made Easy, etc....there's not all that much experience here w/platforms such as this. You guys prolly get tired of newbies askin ya stuff like this...it seems this happens here quite often...there was me of course last week askin about it...then ystrdy there was yet another newbie askin pretty much the same exact thing...OK, I'll drop it now & move-on. But I will of course continue to pursue seein if I can get my buddy (I also have another friend who writes computer alogrythums) to develop somethin....tho even if he can, that will surely take a boatload of time to not only develop, but back test as well.
Goin to a 4X Made Easy demo on Mon night....anyone here who lives near San Jose, CA & have an interest? I'm goin w/a freind of mine as well & anyone else is more than welcome ta join us....drinks on me. It's @ the SJ Wyndham @ 7p...approx 90 mins they say. Don't think I'll plunk down the $2,500 tho (they are offerin me $2500 til 7/7 as opposed to the $3,500+ they typically quote) as I seem to be doin OK on my own for now by simply usin some very basic short term t/a....up over $4,400 in 2 weeks time.....tho somethin is tellin me this streak has gotta end soon....they never last all that long....at least w/me...lol
But another week or so of fine tunin' & I just may join u all in in one of your contests.
& w/re to the Turtles....as long as they aint teenage, mutant or ninja I guess I'm safe.....just please....no 1 sign on w/the handle Leonardo :0
Yes, I have a 5 yr old & 22 mos here @ home so I am all 2 well versed on these things.
Cheers!!
3 pip order for long aud/jpy @ 102.89 exit @ 103.14
Hopefully it'll hit overnight so I wont feel the need 2 close it out early as it gets close....that's about the only way I'm able to stay in a position through my original exit pt...2 b asleep as it happens.....hehe.
& dar she blows...in long @ 102.89.
Ni TZzzzzzzzzzzzzz
I got that part...thx tho....6 posts left on the day now :0
Check that....closed it @ .8387...need all the pips I can get.
BTW.....tried playin around w/attemptin ta post pix like the rest of ya's do here.....went to the IHUB page that 'splains it all & tried doin the
[-chart] [/chart-] thingy (or however they instruct ya) w/the url copied in the middle but for the life of me I couldn't get it ta work over on the practice board....tried for at least 20 mins & got tired & pissed that I couldn't seem 2 figure it out...I typically can do OK on my own if work on it long enuff...guess I needed another 30 mins...lol
If someone could be kind enuff ta try & 'splain it all to this dooomass I'd be eternally greatful. TIA!!!
Closed out aus/usd short @ .8388 (only 3 pips early this time...lol) for a 11 pip gain on 2 units.
Currently well under water tho w/long aud/jpy @ 103.14....I'm thinken that wasn't wise goin short aud/usd while at pretty much the same time goin long aud/jpy....rookie error there eh.
I did like the looks of the last 11 hrs there (long aud/jpy) from approx 6a-7p.
Perhaps I'll double down here & try to bail out sooner w/that 1.
Ya know the ol sayin....the mrkt reacts in contrarian fashion.
I think it's cuz the big boys dont want anyone tryin ta ride their coattails...thus pullin head fakes in order to make a better mrkt enviornment 4'em.....I dont know...maybe not...maybe it's the Rx's & I'm just bein paranoid? lol
I find it's best (less risk) to not try & be ahead of the curve all the X...just try to jump on after the move has solidified....then of course to bail well before the ride is approachin the clubhouse turn.
Am I bein too much of a Simpleton here?....if so just slap me around a bit.....off 2 the Tempurpedic 4 some afternoon R'nR....backatcha later on.
Indeed....good pts about how much one is willing to stomach being down @ any given time.....long usd/yen was my biggest loser at a given time...had 2 positions there open at the same time & 1 of those was a 4 unit call @ the lows they were down a combined 3K+.....but I held on long enuff to weather the strom & those trades turned out 2 b one of my biggest biggest winners. But I hear ya on all counts....of course one has gotta have a decent bankroll to weather the storms...dont think I'd ever consider opening an acct w/less than 10K & @ that start off very conservatively w/the goal of slowly pacin myself to build the acct up to at least 20K+ before tryin do anything more than 2 unit trades.....mostly 1 unit.
I'm usin pretty much the same strat now w/the demo acct....treatin it as serious as I would w/a live acct. Wanna go at least another coupla weeks before I really tryout any other strats.
Jus opened up a short aus/usd @ 8399 w/a 8385 exit...this time I'll do my best ta hang w/it til 8385....fighten the urge now to close it out w/a 3-4 pt gain....but like a rookie....I opened up the position right before the day closed soo now I got a 1 day rollover so far & I've only had the position 15-20 mins....lol
Was sorry 2 have had ta miss all the news that came out this am.....really wanted to follow along r/t to see how all the charts reacted...guess I'll have to go take a gander @ that later on after I go get some rest.....da epidural on the low back went fine (as per usual) this am....4 shots total.....2 on the left side & 2 on the right....L4 & L5....so hoefully I'll be all good 2 go now for another 6 mos or thereabouts. Tho I wont be able ta sit for all that long 4 at least another day or 2...maybe 15-20 mins max....so I gotta make it fast here as I'm already feelin sore & fatiqued from just typin this post out....Thx again for all the support & advice...it's truly appreciated...I better go now b4 the drugs really take hold here & I start gettin all gushy-sentimental on u all :0
Last look here @ the short aus/usd....holdin it's own up 1 pt....minus that freakin 15 min rollover....lol.
Cheers!!
Right on....thx Bud. Yeah.....I wanna keep it real simple for at least another 2 weeks...maybe a mos b4 I begin takin larger positions.....& in addition I don't wanna be stuck in a trade all too long either so I best keep my entries & exits very conservative...sound like a logical game plan?
Thx again for all the help.....who ever said ya get what ya pay for? If that's the case....this here b 1 huge Blue Light Special if ya ask me. ;)~
Cheers!!
I must admit...I do like my 2 day return of $877...& it's actually more like 24 hrs.
& I did hear back from my program written buddy in Yokohama.....he's gonna look into it...tho his 1st thot on the matter was
"I don't think it will work well because of outside influences, Flood, Famine, Price of Oil, etc. In Football the events are actually more random and even out, in currency trading the effects are different."
I did rely to him that for the most part.....t/a is King in the 4X mrkt.....right? At any rate, I know that the other platforms like 4X Made Easy do not incoprorate any fundi's at all.....it's all based soley on t/a. As you see, he's referrin to the program he's written that applies to the nfl & its' weekly spreads...he feeds a buncha diferent sets of #'s into his program each week based on current lines & the program spits out who should win & by how much....then you look at the spread & go from there. His genl rule is to NOT bet a game that his system says is w/in 3-4 pts of an actual spread....& based on those paramaters I'd say his pigskin program is approx 65-70%....not bad....but then there's the ol house juice (vig) of 9.9% to contend with...so all in all, not much to write home about but it will be interesting to see what he can come up with for the 4X mrkt. & of course if any of you have any comments to pass along to him I'll be more than happy ta do so.
OK.....gotta get me some shut I 4 the big day....& bein the junky I b....I'm lookin forward to the lil 'cocktail' I get right before the needle goes in :0
Ni TZzzzzzzzzzzz
Ok....well that 'splains it...I get 15 posts a day for 2 weeks it seems...kewl.
Atag2.....thx for the member mark.....& saw the message u sent me...sorry I couldn't reply..evidently that perk aint included in da poor man's IHUB version....I must confess....truth be known I stole that quote from Chris Rock from a 2/28/07 performance.
OK..back on thread here.....I finally had a lil time ta copy all my trades.....so maybe when any 1 of ya's r bored enuff....u can take a gander & tell me what it is that I'm doin....lol
The fast glance #'s look like this....
Net gain = $4,075.25...from an original seed of 25K
Approx 50% long & 50% short positions.....32 trades in total for an ave of approx +$127 per trade. 5/28 - 6/12...13 days of trades.
Here's the link to my summary page....
http://demo2.java.mgforex.com/reports/ml/c_freport.idc?AEID=D-234652&SID=9306371&LANG=
I'm hopin this link works cuz the copy & paste job I'm tryin to do aint formatting properly....it looks as if that'll be waaayyy 2 hard 2 decipher.
If the link don't work here....then I'll try & type it all out in a few days when I'm back in the saddle post epidural.
TIA for any input & words of wisdom from the local Swami contingent.
Cheers!!
Just bailed the long aus/usd @ 8410 a few mins ago
was in @ 8405 after catchin that knife earlier.....felt like I forced that 1 in & wanted out once it turned green. So far I find myself to be bailen early w/the money....of course I put in my exit limit when initially putting in the order....but find that I chicken out on the way up....guess that's par for the course for a rookie....kinda like the prom queen who thinks she's gonna go all the way on the big night & yaps a big game....but when push comes ta shove she runs like the lil girl she be :0
2 funny u guys r.....u dont even have ta type....jus use all those fancy lil pix (gotta figure out how to do that....but 1st I wanna learn the 4X...I gotz my priorities ya know) 2 express your pov's...lol
& Atag2 (guess I gotta start rememberin every 1's call name around here...ta make it e z'er)...if u were referrin to me as in havin my money.....that's WORN to u...not Warren....if I had "pops" bankroll I'd surely be pi$$en it away somewhere's in da South Pacific on my private lil Isle far far away from any communique w/the big bad world....but alas, I'm stuck here suckin air w/the rest of the guppies in this lil unfiltered algae filled tank of a world.
Says here I now got 11 posts remaining & I've written 4 today.....does this mean 11 posts for today...or 11 posts & IHUB is gonna put the hammer down on me once & 4 good?
Yeah....I hear ya.....a few bux ta post aint bad...guess I should do the deed if I'm really gonna get serious about all this.....guess I'll start w/the 2 week trial.....& if by the end of that I haven't PO'd every1 here....well then you just may be stuck w/me fur good....2nd guessin yourselves now I bet ;)~
Thx....I wont worry til they come up w/a name 4 me....then I'll really feel like fam....the ambiance tho is what keeps me comin back 4 more....guess I'm glutent 4 lil punishment....hehe
Hey....who let me post 4 da 4th X in a day? The IHUB God's must be lookin down on me.....(in my best hispanic accent)...."I dont no stinken posting limit" ;)~
OK....I promise...u wont find me wastin n e mo' bandwith here....carry-on mi Hombre's...back 2 takin copius notes in the back of the class 4 me.
Ni TZzzzzzzz
OK...y not....last post....unless I sign up for the trial....thx for pullin out the ol' chalk board Coach.....did help a bit indeed....so some of you have nicknames based on the pairs u like to follow more closely I take it? Nice...lol
Thought I'd try the ultimate sin just now & catch a fallen knife...went long Ausse v greenback @ .8405...sure did fall right oudda da atmosphere last few hrs...prolly shoulda waited it out longer.....may be gettin to cocky now w/bein up $3800 in 11 days.....too bad it's all on paper....story of my life.
Well if u dont c another post my me u know y....3 K's & I'm oudda here :0
& I may not have a shot @ lookin in manana....I'll be out of the house early...by 6:30 & may not be able to dial u guys up til later on in the afternoon at the very earliest...if @ all. Gotta go get my bi-annual epidural 4 da ol back....that's what happens 2 old washed up tennis pro's...lol
Cheers!!
Well At...bein the newbie around these parts....I'm sorry but u'za gonna have 2 decipher that 1 4 moi.....I think I might have 1/2 a clue as 2 what u r meowin about...but I aint certain....sorry...I'm tryin me best 2 get up ta speed here...so in the meowtime please exercise patience w/yours truly....TIA!!
OK....this means I now have 1 mo'post ta go on the day.....so I'll be back later on tonight...pst.
& remember....don't do n e thing I wouldn't do....but if ya do....by all means, pls name it after me :0
UNREAL Don.....no sooner than u mention it....lookie here at the email I just sent to a buddy in Yokohama
"Been awhile.....Rob here w/a question.....
Bein the math & computer Guru you're & knowing that you also wrote that pigskin spread program, I wanted to ask ya how easy & or possible it would be to create some sort of technical analysis program that measures the ups & downs (chart reading) of trading various foreign currency pairs?
You may have heard of programs such as "4X Made Easy" or have seen one of their late night infomercials...ya know the red light / green light arrow program that tells ya when to short or go long.....WizeTrade is the name of the Co.....here's the link
http://www.4xmelive.com/
Of course there are a few other platforms like this on the mrkt.....but this one I think is by far the most widely used.....typically goes for $3,500 but til 7/7 they will unload it for $2,500 U.S. Anyways.....was wonderin if you might be interested in creating a program similar to something like this? & if so, of course I'd want to offer ya some kinda compensation for it.
I opened up a demo trading acct @ MG Financial & have made just over $3,800 in less than 2 weeks time....just by applying some very basic short term t/a principals.....I was thinken that if I had some type of program such as the one I am speakin of, it would really help increase my overall success.
Thanks & Cheers!!
Rob
Since I last posted I've made another $500 or so....along w/JRB shortin the aussie & also yen vs greenback....short on time right now so I gotta make it quick....I still have a few more ?'s for you guys but I'll have ta save'em for later....really do enjoy all the banter here & learnin lots from you fellers...so please....keep it up will ya? ; )~
Anyone out there w/any 4X Made Easy experience....the red light gren light t/a platfrom? Would love to hear comments on platfroms such as this....too much Don.....we be on the exact same wavelength it seems....u 2 JRB.
Catch up w/ya Kimosabe's later on....& know that if I aint postin...I b a lurkin :0
Cheers!!
Rob
Here's another newbie comment.....when you speak of makin interest on the diif between the 2 pr's (eur/usd) (1.25%) it's kinda like gettin paid a dividend of sorts....not a true dividend of course...but as close to a dividend as one is gonna get in the 4X.
Had 3 winning positions ystrdy to start the week off....the aussie/usd short I piggybacked on w/JRB...tho admittedly I did decide to bail out earlier than planned @ .8405...shoulda held on cuz it did make down I see to my original stop of .8395...oh well...sure as hell aint gonna start 2nd guessin meself.. & prior to hitten the hay I took 2 more 2 pip'ers....shorted the pound v usd @ 1.9668 & was out @ 1.9658 & then I also shorted the euro v the geenback @ 1.3353 & bailed @ 1.3340. OK....this must all be beginners luck cuz I aint doin much more than the very basic short term t/a.....& wadda ya know JRB.....the JD wasn't even on my shopping list....tho I'll make sure it is 4 today....in fact my motto is....dontcha leave home w/out it :0
& Johnny.....penny stocks u say.....I'm wonderin if you & I have run across each other on RB.....if you presently post over there on a certain board & u r who I'm thinken u may be...well then lets just say.....GO A'S!!!! ;)~ hehe
I've only been postin over here for 2 days or so & they've already made me feel as if I'm 1 of da gang.....& considering all my doombarse ?'s....I truly do appreciate it....& having said that....thx for the explanation & links to the weekly contest....I have a few more ?'s about that but I'll save'em 4 later on. Sorry 4 the ramble here but as mentioned....only given me 3 posts a day is like tryin to tell a drunk ta leave the bar @ 2a ;)~
Back later on....gotta step away for a few hrs & complete an airport p/up @ SFO.....hope to ck back in later on in the late afternoon / early PM pst.
Cheers Kimosabe's!!
Reportin 4 doody....pipe pun intended there :0
Just went short Aussie v Greenback @ 8410 @ 23:09....I like jrb's call....lookin for a quick bail @ 8395...I'm thinken that's a conservative & doable call...based soley of course on the 1 dart I just threw...lol
Yeah...I jus had ta have my pipes checked 4 the 1st time 2 mos ago. Evidently my blood count was approx 10% below the low range...whatever that # is?...so they wanted ta take a lil looksie...all was fine so they put me on some iron for a month for which I get those latest results back sometime next week.....prolly jus a lil anemic I'm thinken....hopin.
Ok...enuff pipe yappin....I guess I only get 3 posts a day they tell me so I better make'em count. I've got some home alone time here tonight so I'll use this time to try & learn a thing or 2 from u Swami's....so it's back 2 the back of the class for me while I take a few more notes.
O yeah.....there was a post about the performances of some posters here...or maybe it was their calls? it hadda buncha #'s on it...I think it was a weekly update or somethin like that...but for some reason now I can't seem 2 b able to locate it....at least I thought I saw it here??? If so......how does 1 go about readin all those #'s?
TIA!
Thx for the heads-up there.....bein that I live in Cali I do appreciate it even more so....albeit Nor Cal.
Good thing tho we primarilly do the chicken thing around here.....my better 1/2 is a Vegatarian & I try to follow along as best I can w/it all....tho we do have a 21 mos old & a 5 yr old so there is always some kinda meat other than chicken around....not much beef tho.
At any rate....w/re to e-coli...if u ever get symptoms....after gettin over it...one might wanna try doin a Master Cleanse (or more commonly referred to as the Lemonaide Diet) for at least a week just 2 b certain you've completely gotten rid of all the nasty strains that may still linger for several weeks thereafter.
Regardless I try to do 2 cleanses a yr 6 mos apart for at least 10 days each...14 is my goal but sometimes I don't make it the full 2 weeks. & I must admit I feel sooo much healthier after each cleanse....I'm sure some of it is psychosymatic however I can say all my pipes feel as if they've been Draino'd & Snaked :0
Food is overrated...lol
Thx for the welcome & speedy reply Cap.
Yeah...w/the mrkt bein closed I figured it'd be a slow go here for another day or so til the mrkt re-opens manana.
4X Made Easy is by WizeTrade....the red light / green light folks. You may have seen one of their late night infomercials that they run every so often.
Here's the link
http://www.4xmelive.com/
Right now the promo is if you buy b4 7/7 it's "only" $2,500....normally around 4K. Though I know 2 yrs ago they were offering the exact same promo when I inquired.
I'll check at various times throughout the week.....thx again for your 4X link...bookmarked for future ref as I begin to flounder around....& thx for makin a newbie feel welcomed.
Cheers!
Rob
Good stuff....been doin a lil more readin up on t/a & such & found your site to be quite useful...ty!
Been playin around w/a demo acct (MG Financial) the last 2 weeks....doin OK for the most part up $2500....but I must admit it's not much more than throwin darts...applyin real basic t/a for the most part.
My ? is....anyone here have any comments about programs such as 4x Made Easy, etc? Kinda like havin a chauffer doin all your t/a for you I guess.
Anyhow.....just wonderin what the general consensus out there is for platforms such as this.
Thanks in advance.
Rob
PS
You wouldn't happen to be the Capitalist whose formally from the Carmel region & now liven up closer to the Gold Country would ya?