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Everything posted by Mysticforex
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You measure everything in percentages. When you hear news, you don't think of it as good or bad, you think: As Expected, Better than Expected, Worse than Expected. You dream about your TP being hit on the trade you had open when you went to sleep. __________________
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AUD/USD... Eventually I would like to see price come down and meet the dashed black MA, which BTW is moving slowly up.
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A horse takes ‘F*ck The Police’ literally at the Smithfield Horse Fair in Dublin.
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GBP/JPY... Looking for a little bounce on the 5 min.
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Two skinny lawyers I've been doing some research and came across these parallels. I think you'll find it pretty amazing. I'm sure most of us have read the so-called comparison of Lincoln and Kennedy, but did you ever consider the relationship between Obama and Lincoln? You might be surprised... Parallels of Abraham Lincoln and Barack Hussein Obama: 1. Lincoln placed his hand on the Bible for his inauguration. Obama used the same Bible. 2. Lincoln came from Illinois . Obama comes from Illinois . 3. Lincoln served in the Illinois Legislature. Obama served in the Illinois Legislature. 4. Lincoln had very little experience before becoming President. Obama had very little experience before becoming President. 5. Lincoln rode the train from Philadelphia to Washington for his inauguration. Obama rode the train from Philadelphia to Washington for his inauguration. 6. Lincoln was a skinny lawyer. Obama is a skinny lawyer. 7. Lincoln was a Republican. Obama is a skinny lawyer. 8. Lincoln was in the United States military. Obama is a skinny lawyer. 9. Lincoln believed in everyone carrying their own weight. Obama is a skinny lawyer. 10. Lincoln did not waste taxpayers' money on personal enjoyments. Obama is a skinny lawyer. 11. Lincoln was highly respected. Obama is a skinny lawyer. 12. Lincoln was born in the United States . Obama is a skinny lawyer. 13. Lincoln was honest, so honest he was called Honest Abe. Obama is a skinny lawyer 14. Lincoln saved the United States . Obama is a skinny lawyer . Amazing, isn't it?
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Stopped out. Came within 2 pips of TP ( Figure at least 2 pip spread, I currently have 1.2 ). 4 trades: 3 winners, 1 loser, net: 50 pips. No trade tomorrow. Good Friday and NFP. Someone up up with a simple system for next week.
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Up at 2 am EST. I like the London Open. Scan news, forums, etc while I have some breakfast. If I see something I like and don't miss an opportunity, enter a trade. If I miss it, oh well. I don't chase trades anymore. Around 5 am take a nap ( I too am over 40 ). Back up at 6 am to let the dogs (3) out, and send the wife off to work. Back at the screen at 8 am, watch NY open. Take a trade or not. Done trading for the day at 10 am. Run an errand or two, then ride my motorcycle for a few hours.
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Far be it for me to see, what I believe that you could be.
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...stange how i have read this before, but only remembered a couple of facts ... lol Where did “piss poor” come from? Us older people need to learn something new every day… Just to keep the grey matter tuned up. Where did “Piss Poor” come from? Interesting History. They used to use urine to tan animal skins, so families used to all pee in a pot. And then once it was full it was taken and sold to the tannery…to get a penny, thus ‘spending a penny’ was if it went to waste behind a hedge. If you had to do this to survive you were “Piss Poor”. But worse than that were the really poor folk who couldn’t even afford to buy a pot… They “didn’t have a pot to piss in” and were the lowest of the low. The next time you are washing your hands and complain because the water temperature Isn’t just how you like it, think about how things used to be. Here are some facts about the 1500′s Most people got married in June because they took their yearly bath in May, And they still smelled pretty good by June. However, since they were starting to smell, Brides carried a bouquet of flowers to hide the body odor. Hence the custom today of carrying a bouquet when getting married. Only the wealthy could afford glass, the poor just had holes in the walls which the wind blew in called a ‘wind hole’ that today would be called a window. Baths consisted of a big tub filled with hot water. The man of the house had the privilege of the nice clean water, Then all the other sons and men, then the women and finally the children. Last of all the babies. By then the water was so dirty you could actually lose someone in it. Hence the saying, “Don’t throw the baby out with the Bath water!” Houses had thatched roofs-thick straw-piled high, with no wood underneath. It was the only place for animals to get warm, so all the cats and other small animals (mice, bugs) lived in the roof. When it rained it became slippery and sometimes the animals would slip and fall off the roof. Hence the saying, “It’s raining cats and dogs.” There was nothing to stop things from falling into the house. This posed a real problem in the bedroom where bugs and other droppings Could mess up your nice clean bed. Hence, a bed with big posts and a sheet hung over the top afforded some protection. That’s how canopy beds came into existence. The floor was dirt. Only the wealthy had something other than dirt. Hence the saying, “Dirt poor.” The wealthy had slate floors that would get slippery In the winter when wet, so they spread thresh (straw) on the floor to help keep their footing. As the winter wore on, they added more thresh until, when you opened the door, It would all start slipping outside. A piece of wood was placed in the entrance-way. Hence: a thresh hold. The master of the house always sat at the head of the board now known as a table, thus spawned ‘chairman of the board, side board, cup board (Hope your not bored? Getting quite an education, aren’t you?) In those old days, they cooked in the kitchen with a big kettle that always hung over the fire. Every day they lit the fire and added things to the pot. They ate mostly vegetables And did not get much meat. They would eat the stew for dinner, leaving leftovers In the pot to get cold overnight and then start over the next day. Sometimes stew had food in it that had been there for quite a while. Hence the rhyme: “Peas porridge hot, peas porridge cold, peas porridge in the pot nine days old”. Sometimes they could obtain pork, which made them feel quite special. When visitors came over, they would hang up their bacon to show off. It was a sign of wealth that a man could, “bring home the bacon.” They would cut off a little to share with guests And would all sit around and chew the fat. Those with money had plates made of pewter. Food with high acid content caused some of the lead to leach onto the food, causing lead poisoning death. This happened most often with tomatoes, so for the next 400 years or so, tomatoes were considered poisonous. Bread was divided according to status. Workers got the burnt bottom of the loaf, the family got the middle, and guests got the top, or the upper crust. Lead cups were used to drink ale or whisky. The combination would sometimes knock the imbibers out for a couple of days. Someone walking along the road would take them for dead and prepare them for burial. They were laid out on the kitchen table for a couple of days and the family would gather around and eat and drink and wait and see if they would wake up. Hence the custom; “of holding a wake”. England is old and small and the local folks started running out of places to bury people. So they would dig up coffins and would take the bones to a bone-house, and reuse the grave.. When reopening these coffins, 1 out of 25 coffins were found to have scratch marks on the inside and they realized they had been burying people alive. So they would tie a string on the wrist of the corpse, lead it through the coffin and up through the ground and tie it to a bell. Someone would have to sit out in the graveyard all night (the graveyard shift) to listen for the bell; thus, someone could be, “saved by the bell” or was “considered a dead ringer”. And that’s the truth. Now, whoever said History was boring!!!
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.................................................................................................................................. 3 in a row.
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ADP 209K expected 205K previous 216K
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............................................................................................................................... ADP will probably pop this baby.
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European traders could do the same and call it the London Box.
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.................................................................................................................................. Gbp/jpy:
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You are a sly one MM. I might go as far as saying you are a cunning linguist, but I would be afraid of being deleted.
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Exactly. And we are hoping to see which way the market breaks once NY opens. Also, in my first post I stated I didn't invent this, it has been around a long time. That is how it has always been done. Maybe a slight variation or tweak here and there. It's just a framework. Let's see where WE can take it. In a week or two, when we have beaten it to death we can move on to something else. This is a Trader's Laboratory, let's experiment.
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@ Joshdance... Agree with what you are saying. I am not trying to invent something, I don't think I have ever had an original thought in my life ( at least none that I remember ). I am trying to get people to think, fan an ember maybe.
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I also think we should impose a time limitation. If the trade does not open by XX time, the Box is void and we wait for tomorrows Box.... Also, This Friday is NFP. I don't usually trade on NFP days.
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In the A$ the spec long increased to 67.4K contracts, up from 54.3K, but the Open Interest went down, not a sign of strong buying interest.