BLOG - FX For Idiots 2 2008 AND 2009

HAPPY NEW YEAR !

nospam@example.com (tripled3555) — Thu, 01 Jan 2009 05:05:25 -0800

WHAT A DUD !

Were not a bar with in walking distance I could have crawled back from !

On the bright side

MIND YA

THIS IS DISCLAIMERD

ENTIRELY

I AM WORKING ON A NEW AND FANTASTIC PLAN

To turn a day like 12/31/09, in Eur/Usd into hundreds of points profit using the triangle, that is after determining that the bottom of the wave down has been reached, (as a quick approach being as I might have just gone online and want to immediately determine if this is a gold mine (likely bounce), I don't even mess with a,b,c I just count 5 or 9 or 13 for a quick approach to a long shot at a major likely bounce , and attempt to confirm the downward move with a 1st leg fib. projection 2,618 - 4.25), then I am thinking of dumping that position at the first major resistance level (equality of leg, obvious resistance level, or even the macd might just be crossing over (15 min. chart) then waiting on a peack and fot the 2nd wave down to complete (.786 or so) then going long and using every peak as a basis to swing trade back to approx. .786 then back up.

this instance

After I entered the trade (.618 -.786 retracement from the top of the inital bounce to the bottom) I then dumped the position because I did not want to cover the low (5th wave, C etc...) with a stop loss not being certain that a further retracment might not continue (could be a 4th wave etc...).

Still working on the upper boundries in the triangle, but fib projection might work out there as well, but could be as little as the 1st candle up to guess at that limit.

I figure if you bankthe ounce be it 1st or 4th you can still play at the 2nd , 5th what ever and don't have to worry about getting over the 1st bounces top.

DISCLAIMER

This is not financial advice, The only purpose of this entry or reason I even blog this is for the amusement of others of the same interest and for the sake of disscussion only !

FOR THE GOOD OF THE NATION !

nospam@example.com (tripled3555) — Wed, 31 Dec 2008 12:04:54 -0800

This is probibly my last entry for 2008, Or untill tommorow depending on level of ~~hang over~~ , STRESS INVOLVED in the New Year ~~libations~~ , celebrations, For those of you uninterested I decided to stay with fannie ~~mae~~ , come what may at least untill 1:34 or so, I decided that since I saved all that printing expense , there shall be no limits on my determination to make it work this time.

To whom so ever it may concern:

HAPPY NEW YEAR !!

The Old Man Of FX

nospam@example.com (tripled3555) — Wed, 31 Dec 2008 11:35:40 -0800

It had been sort of a bad year, having had been long from 232.80 to .90 in usd/jpy, nobody could afford to print the report because nobody could afford all the red ink.

To make things even worse, it was like being cursed by an enactment of a unreleased "Planet Of The Apes" movie, with an over the hill pinko commie Nobel hippie, cutting more deals that stunk worse than the old infamous deals of great repuke.

So as the young bright eyed lad walked into the room with the "New York Ninja" sitting on dinning table drinking from a bottle of Scotch, the young lad asked "Are you the MASTER OF FX ?, with 20 years experience ?

The old man replied " look in the 2nd drawer down on the right in that cheap recycled toilet paper dresser and see if the wallet of the individual resides there in.

As the young lad produced several wallets he asked what about this one ?; The old man replied "he figured out it was allways the "little leg" that got everybody screwed.

They all figured on taking the 5th, but violated the Elliot 1st by the 4th time and again and so were all determined to find something not in violation to use in the fib. numbers game - AMAZING ACCURACY

At least untill somebody gets grabbed that can update the program.

STAY TUNED FOR "FX FOR IDIOT'S 2009"

nospam@example.com (tripled3555) — Tue, 30 Dec 2008 18:10:45 -0800

That's right there may be a FX FOR IDIOT'S 2009

After I deduct all my losses for 2008 and get my tax refund !

FX YEAR IN REVIEW

nospam@example.com (tripled3555) — Tue, 30 Dec 2008 17:39:03 -0800

DON'T GIVE UP YOUR DAY JOB !

I can screw up a trade myself with astounding complexity so I really didn't need any help. After about a month of avoiding the Brokers "Guru" and his streak of account breaking deals and having missed raising my tax bracket by about 3 points on a stop loss that did not quite cover a .786 retracement, I decided that the odds were that the "Guru" had to snag a profit at least once this month

SO !

I supported one of his fx fantasies, Now I really knew better than to go the "pull back" crap, Since it didn't even cover a .382 but it was eur/usd so, Who Knows ?

Well to make a short story long

After I figured out this deal was going 50% at least, then arriving at .618, I reluctantly set up for .786 which should have been worth a hundred point's plus and every thing was set to go GREEN all the way to the profit limit zone !

So am I bragging about being "Great"

NOT QUITE

You see I was watching the action and saw this beautifull hammer down under and says to me self , "Well why gamble", "Since this is the bottom, Just raise that stop loss up under this here candle - JUST IN CASE !"

I AM BRAGGING ?

Not quite , You see this here hammer superceded a tiny move down,

Which just hit my stop loss !

However I concluded that my experienced screw up's are less frequent and lose less, Than the FX "Guru" , Whom I am now convinced was sexually assualted by Alien's and is determined to destroy fx traders account balance sheet's !

The GRAND WIZARD Of FX

nospam@example.com (tripled3555) — Thu, 04 Dec 2008 10:55:19 -0800

Well one of these days I gonna get one of them degrees in money, and get a job in fx with a Corporate account ! (I can't afford to lose that much any other way and still play), Now I am sure we is all proud to help that boy out on this here deal ! (He been having a rough time), and we busted that wave and sent it into orbit (at least some did I turned a couple bucks when I figured they was a puttin in the moola and banked a few then cashed out ! but I helped git it there !),

BUT

If on the other hand that boy used "reverse psychology" on us twaders and was a shortin it. Well all I can say is OOPS !

Such youthfull exuberance

I might be a little short on chart but doing a quickie I give the

"big deal"

Abounce @ 1.25106, 1.21627 -(1.2141,1.21348), 1.15997 and may be even

1.046

NOW FOR THE PART YOU ALL BEEN WAITING FOR

"Could a contracting Bear conceive an expanding Bull"

(sounds like one of them there "predator" movies only instead of in outerspace it's right in the EUR/USD !)

LOOKING LIKE THAT MUDDA BEAR ON THE MONTHLY

IS STILL ON THE RAG ON THE WEEKLY

AND A FIXIN

TO SLAP THAT THERE DAILY BULLS D INTO E !

NOW !

Depending on if you think this might be a bear market and if you can think of 533,000 or more ; lets say about 3.1 million reasons the economy might

well lets say stumble a bit at times, then the bear might not be quite dead and that little bull might get passed like gas in a hurricane and buried in the mud slide.

Fast Fib. For Your Ti 84

nospam@example.com (tripled3555) — Fri, 28 Mar 2008 14:50:00 -0700

So You Thought This Blog Was Just Great Humor

This is all the home screen will display

this is going from low to high

> = STO>

:Prompt H,L

:H>H:L>L:(H-L)>D

:D/2>M:H-M>A

:(D)*(.618)+L>B

:(D)*(.382)+L>C

:Display ".382",B:Display ".5",A: Display ".618",C

If you like just swap the disp ".382",b with :disp ",618",c

I found it interesting using (.0618) as depreciation on a currency; I am not saying it is valid just interesting

(came out about the same as a (.618)

Disclaimer

This site for amusement only

Not responsiblefor any use or misconceptions or associated incident of any nature

Continue reading "Fast Fib. For Your Ti 84"

aka sanpei

nospam@example.com (tripled3555) — Thu, 07 Feb 2008 13:46:03 -0800

As the 3 techs stared at the candle sticks on the screen in front of them, one tech mumbled bohtoh,As the reality of the situation began to hit like a kanazuchi,leaving the techs in something like a koma,the 2nd techie said tatakai no akatsuki,the kabuse was 90 points below and the 3rd techie said "mucho moola" to which the other 2 techies nodded there heads !

It Was Then That

juji

walked in and said, So you made 107.34 @ 0.125 ,but do you think it will bounce before .250 @ 109.75 ?, Say between 109.26 or before ,some where over 108.12

The 3 techies said

"Do you always have to do regression lines in your head?"

juji

replied,"go ahead and replay that stochs clash with the offset thing",it triggers my computer,you know " booger !", my wide screen .

It hit the middle rgression line @107.74 , the first tech says,Well it is hard to predict when you people piddle patter "juji" responds.