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  #11 (permalink)  
Old 03-16-2008, 09:13 AM
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Originally Posted by stephen View Post
Well glad your back Rahul.hope your traveling went well! It looks like the charts are slowly working their way into buy mode.

Just wanted to thank all of you and let you know that since joining the forum and cataloging my thoughts and trades I have had one heck of a run. I was totalling up my pips and trades for the time frame of 2/26 to 3/13 and was able to traverse 2,879 profitable pips, a total of 38 entries with only 2 trades for -24. Over 12 trading days, not counting Sunday, I was able to average 239 pips a day. That is right in line with my long term daily goals. Needless to say my performance is a direct result of this resource.

Thank you!
Those are awesome results! I still need a little more of those results to rub off onto me, however, my trading has improved also as a direct result of this forum.

Thank you all, also!
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Old 03-16-2008, 09:14 AM
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Those are awesome results! I still need a little more of those results to rub off onto me, however, my trading has improved also as a direct result of this forum.

Thank you all, also!
Is that book "Dynamic Trading" the one by Robert Miner?
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Old 03-16-2008, 09:15 AM
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Is that book "Dynamic Trading" the one by Robert Miner?
Yes, it is...any comments on it?
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  #14 (permalink)  
Old 03-16-2008, 09:17 AM
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hi all, any body pls update market view
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  #15 (permalink)  
Old 03-16-2008, 09:18 AM
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I am fully convinced that today's price action will be double the psychological tax. The sell off in bonds and the money that is flowing to the stock market are raising my expectations of an inflection point being reached today. I continue to believe that market makers will make options expire as close to worthless as possible. The yen may show one last run that will be reversed quickly. The caution comes in because the downdraft will most likely be 200-300 pips. Clearing all the order books and creating an upside vacuum will provide a significant bottom either today or Monday. BE EXTREMELY CAUTIOUS!
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Old 03-16-2008, 09:22 AM
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Yes, it is...any comments on it?
No comment yet - based on Stephen success and affection for the book, I think I will pickup a copy
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  #17 (permalink)  
Old 03-16-2008, 09:23 AM
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I am fully convinced that today's price action will be double the psychological tax. The sell off in bonds and the money that is flowing to the stock market are raising my expectations of an inflection point being reached today. I continue to believe that market makers will make options expire as close to worthless as possible. The yen may show one last run that will be reversed quickly. The caution comes in because the downdraft will most likely be 200-300 pips. Clearing all the order books and creating an upside vacuum will provide a significant bottom either today or Monday. BE EXTREMELY CAUTIOUS!
Grabbed a quick 88 pips on the announcement, and now I'm going to sit back until after open... maybe the rest of the day now that you have me nervous :P
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  #18 (permalink)  
Old 03-16-2008, 09:24 AM
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I am calling it a day...will stay flat unless I see a capitulation opportunity. Later!
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Old 03-16-2008, 09:28 AM
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Grabbed a quick 88 pips on the announcement, and now I'm going to sit back until after open... maybe the rest of the day now that you have me nervous :P
Given the news based on Bear Stearns, the whole upward draft has deflated.
Our technicals and our analysis has been correct. It is just stupid news that submarines our currency pair. I hate it when Gasparino or Faber come on with news. It is usually bad for us.
@%#%#%@#%#$% journalists.

I am flat. Long @ 203.25 and short 207.40.
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  #20 (permalink)  
Old 03-16-2008, 09:29 AM
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USDJPY is down over 100 and back to the lows of early this AM.

90 minutes is an entire lifetime in the Geppy.
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