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Realities of Forex Investment
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Mukiri
#2131 Posted : Friday, January 25, 2013 11:43:53 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
How I wish I knew this gameSad High risks and quick money are in my DNA.. pole pole tu

Proverbs 19:21
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kaifastus
#2132 Posted : Saturday, January 26, 2013 12:13:05 AM
Rank: Member

Joined: 8/17/2011
Posts: 207
Location: humu humu
Mukiri wrote:
How I wish I knew this gameSad High risks and quick money are in my DNA.. pole pole tu

oh you woudnt wish that my friend..its a casino, sometimes even polished investors lose large sums!
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hisah
#2133 Posted : Saturday, January 26, 2013 7:09:50 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
kaifastus wrote:
Mukiri wrote:
How I wish I knew this gameSad High risks and quick money are in my DNA.. pole pole tu

oh you woudnt wish that my friend..its a casino, sometimes even polished investors lose large sums!

High stake volatility casino. Many investors burn due to risk management indiscipline. And it takes years to produce consistent results. If you cant stand seeing your investment get wiped out, stick to equity.
Another high stakes casino is binary options.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Ceinz
#2134 Posted : Saturday, January 26, 2013 7:58:28 AM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
hisah wrote:
kaifastus wrote:
Mukiri wrote:
How I wish I knew this gameSad High risks and quick money are in my DNA.. pole pole tu

oh you woudnt wish that my friend..its a casino, sometimes even polished investors lose large sums!

High stake volatility casino. Many investors burn due to risk management indiscipline. And it takes years to produce consistent results. If you cant stand seeing your investment get wiped out, stick to equity.
Another high stakes casino is binary options.


Feel welcome, but drop that gambler mentality.Be prepared to learn. As already pointed out it will take time b4 u start getting consistent returns.
“small step for man”
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Ceinz
#2135 Posted : Saturday, January 26, 2013 8:39:32 AM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Spot Gold.

Long around 1650, sl 1620. Target 1 1830. Target 2 1900.

This is a weekly chart. Patience required.


“small step for man”
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  | | Edit by user: Saturday, January 26, 2013 9:17 AM | Reason: Not specified
dave.kim
#2136 Posted : Saturday, January 26, 2013 9:00:25 PM
Rank: Member

Joined: 6/25/2010
Posts: 176
Ceinz wrote:
Spot Gold.

Long around 1650, sl 1620. Target 1 1830. Target 2 1900.

This is a weekly chart. Patience required.



@Ceinz i doubt this qualifies as a cup n handle. Been holding a gold long since August though. I got in at your weekly support but the swap is killing me!!
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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Ceinz
#2137 Posted : Saturday, January 26, 2013 9:21:27 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
dave.kim wrote:

@Ceinz i doubt this qualifies as a cup n handle. Been holding a gold long since August though. I got in at your weekly support but the swap is killing me!!


Whaa! August? ur good. Sorry for the swaps. This is just my long term look, though I know I cant hold a trade for that long. Im looking at longing at the current level once a bull move is confirmed and hold till around 1720 where I anticipate a significant retrace and buy the dip. pole pole hivyo till the ultimate target.
“small step for man”
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hisah
#2138 Posted : Friday, February 01, 2013 6:33:10 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Out of the USDZAR long position with a measly profit. Breakout move above 9.00 not working as planned. Sidelined for now.

@ceinz,dave - PMs have traded sideways for too long while global equities race back to pre GFC levels as $, € and ¥ are flooded globally! This printing spree should be boosting PMs just like equities, but nothing doing d'oh! Stinks of manipulation, which is no longer a conspiracy theory...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Ceinz
#2139 Posted : Friday, February 01, 2013 7:34:33 AM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
hisah wrote:
Out of the USDZAR long position with a measly profit. Breakout move above 9.00 not working as planned. Sidelined for now.

@ceinz,dave - PMs have traded sideways for too long while global equities race back to pre GFC levels as $, € and ¥ are flooded globally! This printing spree should be boosting PMs just like equities, but nothing doing d'oh! Stinks of manipulation, which is no longer a conspiracy theory...


Crazy moves being posted on euro and yen and yes they are sure going back to pre GFC levels. Yes quite funny that PMs don't show any reactions as expected. Anyway instead of sitting and waiting my focus will now shift to weekly pullbacks on eur/jpy.
“small step for man”
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Ceinz
#2140 Posted : Friday, February 01, 2013 5:26:00 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Ceinz wrote:
hisah wrote:
Out of the USDZAR long position with a measly profit. Breakout move above 9.00 not working as planned. Sidelined for now.

@ceinz,dave - PMs have traded sideways for too long while global equities race back to pre GFC levels as $, € and ¥ are flooded globally! This printing spree should be boosting PMs just like equities, but nothing doing d'oh! Stinks of manipulation, which is no longer a conspiracy theory...


Crazy moves being posted on euro and yen and yes they are sure going back to pre GFC levels. Yes quite funny that PMs don't show any reactions as expected. Anyway instead of sitting and waiting my focus will now shift to weekly pullbacks on eur/jpy.


Gold finally showing some life after NFP.
“small step for man”
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