tradingwizzard

no no .......I was just wondering

euraud short more than 100 pips in profit........what to do, what to do............

three trades open, analysis posted, one booked....markets to do the talking now....probably not important breaks until Bernanke Wednesday.....not Thursday, because usually then it is just a copy/paste of the prior's day speach

hi Dave, nice meeting you.......quite an offer you have there

" up is down and down is up"....I couldn't helpt this one, no offense...it's like all that discussion with the new normal....good news is bad news and bad news is just......bad news.....what the heck is new normal?

given the fact that I was quoting something, I don't think it is that hard to see to what I am agreeing with

I thought you retired until it breaks lower...am I missing something?

amazing post, I find it really good........seriously

this is the analysis for Trade nr. 4, a little bit too early enterint the short trade, but anyways, trade still valid.......second wave done in the form of a zigzag, looking for a break towards the 95 area........check the chart posted for more info please.........

I am bearish on the pair, looking for 95 to come again

of course it is 50/50......in the end, you have only two choices.......to BUY or to SELL.........right?

wait wait wait.....not putting labels so easily.....without the QE it would have been much worse

who says it is growing?......I would be curious how would it fare without the QE program

Trade nr. 4. GOING SHORT USDJPY HERE IN 99.55 WITH 101.60 SL and TP 95.00 chart and explanation for this trade a bit later

[quote PS And while we are wasting time.....ASIA UP BUY @ 1301 Target 1347 by Wednesday STOP 1290 will watch that one with interest

Trade nr. 3. GOING SHORT EURAUD HERE IN 1.4351 WITH 1.47 SLand TP 1.3867 the rationale of this trade is based on the fact that after the third wave to the upside that completed around the 1.44 area we have a nice abc to the downside, which, however, doesn't seem to be the correction needed for the 4th wave.......the reason is that this move that made a new high is not looking as being an impulsive one......it is channeling too well, corrections are almost the same, etc.......therefore more likely it is a b wave and b waves in an irregular formation rarely go above the 140% out of the previous correction, wave a, and this is giving us the SL level......target to the downside implies new lows when compared with the recent ones, so our TP level is just conservative

not a news for Europe as a whole anymore

great article, great post.......thanks for sharing

while this is encouraging, I am still looking to see how the US economy will perform without the current stimulus......extremly bearish outlook for the usd IMO

for what it is worthing, it doesn't look like an impulsive move......looking for it now to break the 1.2750, but most likely will not move until Bernanke starts to testify this week

couldn't agree more....

because those 95% that fail don't master the 20% needed to eliminate the 80%

target give by the blue line reached, now looking for the brown (main bull/bear line for the move to the upside) to be tested again

again the 80/20 discussion

there is a saying that in any organization 80% of the work is actually being done by 20% of the people.......in other words, without that 20% the organization would fail........let's say we're in an industry and the compony is manufacturing something...........80% are "mechanics" like you say, and the other 20% probably management and the best 20% out of the 80% mechanics........ in your case here, I would say 20% is trading 80% is questioning if your decision was wrong or right.......without the first 20%, you won't have the 80%.........so master the first part and the second will just dissapear.........