Search results

Was he caught long in the gold bear leg? If he did not, then this guy may have talent. The last statement from him seems to me to be by someone with good understanding. If it from him and he is 16, then I think he has a lot of potential.

:) Their parents pay/will pay the tuition. Would they let them complete their education in a bear market?

It is not free as it costs time to find their words. I wanted just to check my model about them - which predicts them without ever hearing one ass of them talking. How could I know without even hearing their words? The thing that is inside them is all the same.

If there are winning traders, who pays their wins?

Did Jack read this?

I was thinking the same question as you did about AUD. My conclusion was that it is NOT in support of the trend (with the exception of maybe EUR/AUD - both have troubles). The trend looks bad for AUD, so others might use a rally to sell. News: check with forex brokers, they generally have it...

Thanks for the info. So tomorrow the Yen should do a dance, and bring some waves to forex.

Minus USD/JPY @ 99.60

I just saw some released data from Japan (negative orders) and Australia (higher confidence). Minus variable for Japan stock market, plus variable for AUD. JPY: if the data points to deflation then higher JPY; if government would print then lower Yen (I doubt the printing). So I am pondering...

The bear market and recession lasted from 2006 to 2011 (and not 2007 to 2009). That is 6 years. When did Bernanke take charge? Who is responsible? I doubt that Bernanke understood that the bear market started end of 2005 beginning of 2006.

I am interested to read the words from their central bankers. Words are cheap, so I was to see the cheap words.

eur/jpy @ 133.90. Short side.

My current thinking is that 133.50 and 99.70 could lead to a reversal of the yen, and a possible significant slide of other currencies against it. I decided to wait and see what it would do.

Also out of this at between 1.3330 and 1.3325. Might least an order to get in on short side if price breaks 1.3321 support.

out of this at 1.3383 until things become clearer, and it would need watching if left open.

eur/usd @ 1.3389. Short side. Partial.

How does a strategy allow for mistakes?

Proper definition of risk (not the one perceived, but the actual) implies: lower risk, higher reward. Buying a bottom has an infinite reward/risk, and shorting a top the same. That is why nailing a top or a bottom is only done (in addition to the liars) by the best, the few, the proud, the ....

EUR/JPY @ 1.3333. Short side. Scaling in. It is against trend. So riskier.

eur/usd at 1.3393. Taking some off in case it does not break 1.3390 or bounces off at.