Posts by "klondike"

I seem to prefer the 'You Snooze you Lose' program developed by Argumentus in 1212.
Dollar Index slips below 76.40 today the balance of power will tip in favor of the bears.

Isle of Man, Nascar, Thoroughbred racing. All have something in common with fx trading.

DaveO

Thanks for all your input.
I enjoy the ever popular Kentucky Derby, and every other year the prep races...to do it right. Like fx you need something to filter out and in a lot of noise...news, hype, rumors and emotions.
My first experience with horses was after receiving a can't loose method in the mail. Perhaps these can't loose scientific gimmicks worked one time in the past but not by the time they reach the general public. So, I'm leery of some fx stuff sold today and offered in emails.

Money Management is important. A close friend of mine shadow authored a book by a popular fx trader and has promised to show me a few things one of these days. Recommends never risking more than 2% of the account on any one trade. Getting it right one out of four it's possible to make money, but a person can get it right more times than that I should hope refining an edge as you say. This person currently prefers to trade Bollinger bands with 21 EMA and for less stress more sleep, the hourly candlesticks outside of news hours. Much unsaid.

After many years trading gold and gold juniors I naturally gravitated to fx. Always, I am reading the news, absorbing data, select analysts, on and on so why not?
Grew up in Alaska, a bit on the rough it and even wild side at times, but also having associated amongst those with a do it with excellence spirit about them. Hope to contribute to this site periodically, but, may just be a flash in the pan.

This is getting long. With the Derby coming up sort of wanted to talk handicapping, bookies. lol
Later, and thanks again for your contribution to this site.

Nobody should listen to me, but the markets,but, what I was thinking was that the wealthy will not ignore a good thing is that their selling will stop at 1.3750. long from there until we see the full effects of the proposed rate hikes. The USD index is searching for a new base and how low that will be is anybodies guess. When everybody is screaming...the dollar is dead, that is definitely the time to buy dollars.

bought back 50 percent of the short.