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dukeofdents replied Jan 4, 2007The beautifully trending nature of this market makes it idiot-proof... Idiots?
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dukeofdents replied Jan 4, 2007Well, basically, if it goes up and you're long you make money, and if it goes down and you're short you make money, too. It seems that a lot of people around here want to make it more complicated than that...
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dukeofdents replied Jan 4, 2007Damn, that analysis is hard! It makes me think too much...
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dukeofdents replied Jan 4, 2007BTW, I would stay short on GBP/USD until it starts going back up, at which time I would go long. When I was long, I'd wait until it started going down and go short. When it quits going down and starts going up I'd go long again. That's just my own ...
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dukeofdents replied Jan 4, 2007Rdrainey, I basically just enjoy getting a rise out of people, it's fun to me and it makes them re-evaluate their thinking, which probably helps them as well. To put it another way, I get off on being an asshole!
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dukeofdents replied Jan 4, 2007Also, stop using the charting from your broker. I saw somebody on here talking about a 3-minute chart. What the hell is that? Who uses that time frame and what good is it? Oanda has 3-hour charts, which should also be ignored. These are useless ...
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dukeofdents replied Jan 4, 2007This is over 300 pips in 2 days, hell, I don't even know what it was. I know what I profited, and I don't really know how low it will go, but I have ideas. My point is that people trading longer-term charts caught this whole move, while people ...
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dukeofdents replied Jan 4, 2007Hey, Tiki, My whole point being, why didn't you get in at 1.9673 and just ride it? There are ways to figure out that kind of short using 4-hour or even daily charts...
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dukeofdents replied Jan 4, 2007Thanks for the love, BTW, but I prefer to be an asshole...
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dukeofdents replied Jan 4, 2007GBP is losing steam, so is EUR, it looks like USD is going to beat 'em to death. Wait until everyone thinks that, at whatever time or price, then go long on 'em!
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dukeofdents replied Jan 4, 2007Now I'm back, and nuts as I ever was, mofo! Let's let it roll down dangerously ahead of NFP, then watch for this hyper underinflated B.S. going on with JPY to turn into a long a little bit... Get me off this forum, please, I'm too nuts and everyone ...
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dukeofdents replied Jan 4, 2007BTW, I would definitely quit these shorts around the 1.9338 level, if it gets that far. If it goes down to 1.9178 I would get really squirelly. That's just what I would do, I'm not giving any kind of investment advice. I'm out now and looking for ...
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dukeofdents replied Jan 4, 2007Also, everyone who trades longer-term charts instead of getting screwed by their bucket shop on 15 minute time frames should take profits on this short now, while it's resisting 1.94, which is a major psychological level. If you get back in later ...
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dukeofdents replied Jan 4, 2007This pair is so hyper underinflated right now that you all might be able to get in a quick long ahead of U.S. NFP tomorrow. Anyway, I got all my money out of it for a nice gain. I think that GBP/USD will continue to go down before it goes up again, ...
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dukeofdents replied Jan 3, 2007It really is ranging now, but I'm looking for a break either way. Forgive my rough manner of speaking, it's just my way...
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dukeofdents replied Jan 3, 2007Hey Mike, I cross-replied you again, I'm not bagging your trade, I've got a free one short, but I entered it way up in the 97s. It's got a stop 30 pips in the black now, and I'm just going to let it go come hell or high water. What criteria did you ...
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dukeofdents replied Jan 3, 2007Also, Mike, I diverge from most traders in that I believe that emotion is a tool, and if you don't get excited about winners and pissed about losers you miss something. I'm not an EA, and this is my money. It's food on my table. I won't fight the ...
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dukeofdents replied Jan 3, 2007We're cross-replying each other, BTW. I'm writing replies at the same time you are so we're a few replies behind every time...
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dukeofdents replied Jan 3, 2007Mike, Please wait until London for a big move, don't do it that way! Get confirmation! Just trying to help, man. It's Asian chop-chop, so sorry. I'm not second-guessing you, bro, (well, actually I am), but it's not the time for this. If you're ...
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dukeofdents replied Jan 3, 2007Okay, I see you just posted it while I replied, thanks, man!
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