- Search Metals Mine
-
michaelpelly commented Aug 28, 2013it is low risk - just 5$ per pip, I will close just above 1.3000 if it gets there in 3-4 weeks.
Carney: Crossing the threshold to recovery
- michaelpelly commented Aug 28, 2013
I will admit a sin - I shorted E/U at 1.3395 (too tempting) - usually I do not trade EUR but this time it was so tempting, so sweet positioning...:-)
Carney: Crossing the threshold to recovery
- michaelpelly replied Aug 28, 2013
Sorry to disappoint you, but military service here was mandatory back then (there is no "mommy said no") and I had to be on duty for 18 months, commander of small anti-tank artillery unit (a TOW weapon), no one asked me weather I liked or not.
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- michaelpelly replied Aug 28, 2013
Rag, you seems honest and good-mannered. I'm over $100 000 but not from FX, I play it safe with FX - just profit amplification for income of my 2 small companies. My point of criticize is not that your system is bad, but that such achievement is a ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- michaelpelly replied Aug 28, 2013
I really enjoy kids with attitude, I remember when I was srgt in the army, and when rookies recruits came in - with attitude and "street wisdom" - it was really nice to make them crawl in the mud and snow, carrying 120lbs of load and see them ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- michaelpelly commented Aug 28, 2013
That is my sense too...
Carney: Crossing the threshold to recovery
- michaelpelly replied Aug 28, 2013
If you could write this in several syntactically and grammatically sound sentences (not one long-word machine-gun burst) - maybe the neanderthals (correctly spelled) will understand a little...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- michaelpelly commented Aug 28, 2013
pcca-matrix, the direction varies depending on the time-frame you trade.
Carney: Crossing the threshold to recovery
- michaelpelly commented Aug 28, 2013
I think it is early to say - if tomorrow the week candle turns green - that is something of a notice, currently - only noise and spikes.
Carney: Crossing the threshold to recovery
- michaelpelly commented Aug 28, 2013
That's nothing - I've seen couple months ago two 4h shooting star candles with almost 200 pips range each - in the afternoon Mervyn King was speaking, and then Ben Bernanke
.Bank of England Governor Carney Press Conference
- michaelpelly commented Aug 28, 2013
Expected spike - it was a little oversold before the speech and algos catch the words "close recovery" pretty quick :-).
Bank of England Governor Carney Press Conference
- michaelpelly commented Aug 28, 2013
Short at 1.5680 and 1.5630, $10 per pip each...
Carney: Crossing the threshold to recovery
- michaelpelly commented Aug 28, 2013
Go Mark, bust them hard!!! :-)
Bank of England Governor Carney Press Conference
- michaelpelly commented Aug 28, 2013
My opinion - you do not need recession or growth to make money on speculative markets. They only matter to real business connected to consumer and business physical demand, etc...
Prepare for market panic: Jim Rogers
- michaelpelly commented Aug 28, 2013
Got it - thank you for the advice!
Prepare for market panic: Jim Rogers
- michaelpelly commented Aug 28, 2013
I mean I read a lot of news in the morning when I make my head for my FX market decisions and comparing the information in his analysis with what happens later on the market, I find its articles very accurate.
Prepare for market panic: Jim Rogers
- michaelpelly replied Aug 28, 2013
I agree - it is a tempting adventure :-). Personally I like to make parallel of the trading strategy with the MIRV ideology :-).
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- michaelpelly replied Aug 28, 2013
Congratulations, rag2richesfx - you are the first FX millionaire I've met - respect! :-)
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- michaelpelly replied Aug 28, 2013
realjumper, I had done experiments on 6 yrs of quotes database sampled each second. We were small friendly think tank of software engineers and mathematicians - we developed algos to try huge number of simulations based on similar systems by ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- michaelpelly replied Aug 28, 2013
Rag2RichesFX, I apologize, just shared my opinion for such "systems". Good luck to all!
Rags to Riches in 10 or 20 Trades - Simplicity at its finest