Mysticforex

The Perfect Response An elderly lady was walking on the golf course on the island of Martha’s Vineyard. She slipped and fell. Obama who was behind her by chance, helped her to get up promptly. She thanked him and he answered - “It was a pleasure to help you. Don’t you recognize me? I am your president. Are you going to vote for me in the next election? ” The elderly woman laughed and replied: ”You know … I fell on my ass … not on my head……

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We have broken the TL on the upper channel I posted yesterday Weather the Aussie can hold the advance may depend on data coming from China tonight. Among the important Chinese numbers we get is the GDP q/y, expected to be a positive 8.4%, as well as some minor reports. Should the numbers fail to confirm China is headed toward a soft landing, the A$ may be vulnerable to a sell off, coming after today's gains.

You get this as the license plates for your car.

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Greed and euphoria can be just as damaging as fear. You get on a winning streak and start to believe it will never end. You become a Market Wizard, A Master of The Universe, a Gordon Gecko... then the winning streak ends. In 2009 I had an incredible year. In 2010 the Market humbled me. I stopped trading a few months, took some time off, concentrated on some simple things in life that give me great pleasure.

An interesting read for any one following EUR/CHF..... SNB Action May Keep Franc-Euro Rate Near Cap, Deutsche Bank Says - Bloomberg

Good to hear. They are a very good site with capable people. It would also would be a good idea to stay here, post, ask questions etc. Start developing a "Network" if you will.

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Murder at Costco Tired of constantly being broke and stuck in an unhappy marriage, a young husband decided to solve both problems by taking out a large insurance policy on his wife with himself as the beneficiary and then arranging to have her killed. A ‘friend of a friend’ put him in touch with a nefarious dark-side underworld figure who went by the name of ‘Artie.’ Artie explained to the husband that his going price for snuffing out a spouse was $10,000. The Husband said he was willing to pay that amount but that he wouldn’t have any cash on hand until he could collect his wife’s insurance money. Artie insisted on being paid at least something up front, so the man opened his wallet, displaying the single dollar coin that rested inside. Artie sighed, rolled his eyes and reluctantly agreed to accept the dollar as down payment for the dirty deed. A few Days later, Artie followed the man’s wife to the local Costco Supermarket. There, he surprised her in the produce department and proceeded to strangle her with his gloved hands. As the poor unsuspecting woman drew her last breath and slumped to the floor, the manager of the produce department stumbled unexpectedly onto the murder scene. Unwilling to leave any living witnesses behind, ol’ Artie had no choice but to strangle the produce manager as well. However, Unknown to Artie, the entire proceedings were captured by the hidden security cameras and observed by the shop’s security guard, who immediately called the Hoover police. Artie was caught and arrested before he could even leave the premises. Under intense Questioning at the police station, Artie revealed the whole sordid plan, including his unusual financial arrangements with the hapless husband who was also quickly arrested. The next day in the Birmingham News, the headline declared… (You’re going to hate me for this…) ‘ARTIE CHOKES 2 for $1.00 @ Costco

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Welcome Missy. How much time do you have available? You could go to a site like "Babypips.com" and learn everything they have to offer.

------------------------------------------------------------------------------------------------------------------------------------- Here's where I eventually see AUD.

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Ok, since no one else is stepping up, here's another. 3 indi's 200 sma, 62 ema and full stochastic 30,10,10. On this chart price is clearly trending down. Wait for a bounce and the stoch to go into overbought. When it comes out of overbought, trade with the trend ( short ). Hopefully stoch will continue down into oversold. When it comes out of oversold, exit. Stop would be just above most recent high. In this case 12966. Trade opened @ 12934 and exit would have been 12884 +50 pips. This trade was a few hours ago. I missed it, still sleeping. I will look for a live example. EDIT: The only reason we have the 2 MAs is for a visual representation of trend.

As Stated yester day, I will be watching for a buy opportunity on one of the GBP crosses, probably GBP/JPY.

Europe on holiday. Worse than expected NFP. I don't think we are falling off a cliff, prob a "Buy" opportunity. Not today though, will be watching GBP crosses tomorrow.

HA ha ha ... ok, I'll start reading your posts twice before I reply.

A dedicated Teamsters union worker was attending a convention in Las Vegas and decided to check out the local brothels. When he got to the first one, he asked the Madam, “Is this a union house?” “No, “she replied, “I’m sorry it isn’t.” “Well, if I pay you $100, what cut do the girls get?” “The house gets $80 and the girls get $20,’”she answered. Offended at such unfair dealings, the union man stomped off down the street in search of a more equitable, hopefully unionized shop. His search continued until finally he reached a brothel where the Madam responded, “Why yes sir, this is a union house. We observe all union rules.” The man asked, “And, if I pay you $100, what cut do the girls get?” “The girls get $80 and the house gets $20.” “That’s more like it!” the union man said. He handed the Madam $100, looked around the room, and pointed to a stunningly attractive green-eyed blonde. “I’d like her,” he said. “I’m sure you would, sir,” said the Madam. Then she gestured to a 92-year old woman in the corner, “but Ethel here has 67 years seniority and according to union rules, she’s next.’”

Thank You Steve... for all the insights you shared, that retail traders like myself don't have access to. I hope the TL community realizes what a "Gift" it was having someone like you posting here. The very best of luck to you in all your endeavors .

That is one of the best posts I have read in a while. A system can work great for while, but then market conditions change. Always have something to fall back on. Conditions change, The system that stopped working will probably work again in the future,