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acidguy replied Jan 25, 2008nice stocks keep falling so cable go down to the hilldrums. cable and euro are being put up by carry traders. why dont they go to hell so currencies reflect real fundamentals and quit distorting the market.
Cable Update (GBPUSD)
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acidguy replied Jan 25, 2008apply the martingale smartly, in a heavily oversold or overbought currency which fundamentals are expected to improve. open a position, lets say now with mini lots. and open another position every 100 poins in negative with a bigger lot. but beware ...
Is Martingale really dangerous?
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acidguy replied Jan 25, 20081.4670 reached as commented yesterday. lol, enjoying a trade which sl was not hit for 1 pip. really dangerous thing but cash is good
. better to buy below 1.4600. probably in trading war zone of bulls and bear. there are many things why the ...EURUSD
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acidguy replied Jan 25, 2008agree, stop are for noobs, put mental safe zones, and trading strategy to work. better to use Martingale. this week tried to use sls to know many of them were hit, and most of the time i was right on the trade. so they should have not been losses, ...
Cable Update (GBPUSD)
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acidguy replied Jan 25, 2008could go up could go down. but its safe zone for bears in short term. if anyone knows whats the martingale method, nice time to apply it. doing it. with a minilot short at [email protected]
Cable Update (GBPUSD)
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acidguy replied Jan 24, 2008chady you get it, congratz. you know whats the ugly???? USD is being used as a carry trade funding currency, so when there is risk appetite USD is being dumped. ok, lets say this is normal, do you know whats the really ugly??? USD is still ...
EURUSD
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acidguy replied Jan 24, 2008beware this pair, is behaving wierd poisoned by BOC comments that now suddenly shifted their status to supporting the cad, somethng not seen since some months ago. C$0.98 is fair for them and is rigth, this probably caused that crazy retracement. ...
Lets talk USDCAD
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acidguy replied Jan 24, 2008if anyone followed my advice on ucad, exit, take those 30-40 pips and get out. BOC Monetary policy just made these commentaries "BOC:C$ At 98 US Cents "Not Inconsistent" With Fundamentals" "BOC Forecasts Based On C$ At Avg 98 US Cents,Unch From Oct" ...
EURUSD
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acidguy replied Jan 24, 2008going for 1.4650 - 1.4675 highs. probably to validate uptrend. 1.4780 resistance acted well. now it must fall bellow that or it can somehow dangerous for euro bulls. i am in a trade cause the rush it feels but is recommended to stay aside of betting ...
EURUSD
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acidguy replied Jan 24, 2008lol. 1 pip and sl touched. dang!. luck, the resistance reacted well.
EURUSD
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acidguy replied Jan 24, 2008agreed. short 1.4730 tp 1.4650 sl 1.4780 my opinion : not more upside for today, stocks are faltering. made a short with a minilot for testing purposes, maybe it pays next month rapidshare account
. next week probably run above 1.50 as fed slash ...EURUSD
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acidguy replied Jan 24, 2008we are going for 1,50 and ecb officials seem to be happy. their need is to fight inflation and they dont do it with a cheap currency. 1.60 is looking like a done for some months ahead.
EURUSD
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acidguy replied Jan 24, 2008this pair got me somehow confused, should not be making this move after all, in a technical perspective.
Lets talk USDCAD
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acidguy replied Jan 24, 2008you know something, this method works for me really well, but i have some extra rules. lets say, uj was on 114. probably that was an extreme, but then the next days fall to 109, open a position, if the market goes against me, lets say 200 points, ...
Is Martingale really dangerous?
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acidguy replied Jan 23, 2008lol, the market is a circus, just reading today big banks now are encouraging their clients to buy USD and dump euros, UBS and AMRO were the first ones. Bank of America has said they now support the view of a stronger dollar after the rate cuts ...
FED cuts 75 just now!!!
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acidguy replied Jan 23, 2008Trichet is behaving like a mad kid, could you watch his facial expressions in last press? tha man really angry.

FED cuts 75 just now!!!
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acidguy replied Jan 23, 2008at some point i think we are gambling in this game, the thing is how probability you have to win? much are you prepared if things go against you? knowing the fundamentals and knowing how the read the charts helps. but, if someone knew the holy grail ...
My personal experience - Lost 5,000 USD in 4 months Forex. Please advice.
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acidguy replied Jan 23, 2008sorry but those in my opinion are not fundamentals. and if we go by fundamentals, japan want to reduce rates to 0.25%. also we have gbp, euro, nzd, aud, which are high yielders, while they keep high, fed cut rates, and there is risk appetite, carry ...
USD/JPY
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acidguy replied Jan 22, 2008yeah, agreed. the ecb is reacting irresponsable too against usa. their commentaries out of tone are affecting many things. investors confidence, confusion and many other things. also i have not they just blame the fed and usa for excesses when they ...
EURUSD
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acidguy replied Jan 22, 2008lol, and whats the prob, what noone thought some years, months ago its actually happening. just remember how jim rogers and george soros were called paranoics by some investors and laughed as they anticipated this crisys when more were miopes. also ...
EURUSD