Frixxxx's Account Talk!

[budnipper1]

Plus any Bank that needs a Bailout not including the Tarps.

You would not Believe what someone showed me last night from there

job on paper last night. Then Shredded....

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I tell you, That 8200 DJIA is a tough cookie to Crack....

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Let's be Patriotic and Welcome Obama to Fix Everyone's Problems.

URL links to pictures were not automatically accessible. The pics above were found and saved via the file properties of the boxed red x's within the above quote.
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[Frixxxx]

I knew that article would rustle some feathers.

Thanks Steady and 350Z for your comments. I totally agree.

350Z-> Grabbed a long position at 87.27 today plus a few "goose" positions on the way up.

66% gain on my FOREX today!!!!!!!!

OH YEAH!!!!!


Thanks Bud for the pics

 

[350zCommTech]

I knew that article would rustle some feathers.

Thanks Steady and 350Z for your comments. I totally agree.

350Z-> Grabbed a long position at 87.27 today plus a few "goose" positions on the way up.

66% gain on my FOREX today!!!!!!!!

OH YEAH!!!!!


Thanks Bud for the pics

Great Job!

 

[Gumby]

And subprime was contained?

If these banks were well capitalized, why are we giving them tax payer money?

Freeing up banks' balance sheets so that they can lend is just one small part of the equation. The other part, and this is a big one, is that you need qualified borrowers that want to spend.

She's an idiot.

You hit the nail right on the head. She is more than an idiot.
Why do they need TARP money if they are well capitalized.
She reminds me of Dick Fuld (Lehman Bros) right before collapse.

She doesn't agree with this point of view

 

[350zCommTech]

You hit the nail right on the head. She is more than an idiot.
Why do they need TARP money if they are well capitalized.
She reminds me of Dick Fuld (Lehman Bros) right before collapse.

She doesn't agree with this point of view

She is the US's version of Iraq's ministry of information.

 

[RonUSPSretired]

Frixxxx, I know next to nothing about Forex trading. Could you give me a brief explanation how it works and point me in the right direction for further info. You might want to pm me so as not to bore all these pros on the MB. Thanks--Ron

 

[akpackfan]

I'd like to know more about it too. Bore us, please.......

 

[KevinD]

Investopedia.com is where I go for information. Home > Financial Dictionary > Forex

http://www.investopedia.com/terms/forex/f/foreign-exchange-markets.asp

Check out the "Related Terms" and the articles in the "Related Links" on the above page.

WAY, Way, way over my head... :blink: :suspicious:

 

[Steadygain]

66% gain on my FOREX today!!!!!!!!

OH YEAH!!!!!

Frixxxx,
We have so much in common it's just amazing. I know you're a man of great integrity and also guided by a deep faith and commitment.

Make sure you let everyone know your level of experience, how grounded you are in the various aspects of dealing with FOREX, and mainly - there is a very high risk of losing.

You've done exceptionally well - 66% Gain in One Day

 

[Frixxxx]

Frixxxx,
We have so much in common it's just amazing. I know you're a man of great integrity and also guided by a deep faith and commitment.

Make sure you let everyone know your level of experience, how grounded you are in the various aspects of dealing with FOREX, and mainly - there is a very high risk of losing.

You've done exceptionally well - 66% Gain in One Day

Hey Steady, you're always on top of things.

Friends, acquaintances, interested and non-interested,

I bragged on the 66% day on my Forex experience yesterday. This is a rarity. I normally shoot for 3% a day. To do this has taken time and effort, study and practice, wins and losses.

I am a computer man by trade (20+ years). Computers/Programming/Numbers are my life. I am a very logical person. Hence, I scrutinize plenty before I jump in.

Well, here goes: I started in FOREX with a friend of mine because of the patterns we saw last year in the markets, mainly the USD/JPY currency pair. We started writing code to exploit these patterns. The code we backtested was netting us around 7% a day average. (WARNING during this process no Benjamins, Jacksons, Lincolns, Washingtons were actually involved in our testing.) WE KILLED ~ 200 accounts each before we reached this level of consistency. We traded with standard indicators, exotic indicators and our own guessing.

Unless you can take $100 bill out of your pocket, light it on fire and then go and tell your significant other what you did with no guilt or remorse I recommend NOT doing this. Emotions kill accounts!!!!!

Anyway, in FOREX you place sell/buy positions. Hopefully you understand why you are placing these positions and what you expect them to return. You should also identify what you expect to lose.

My 66% reward was simply identifying market indicators and placing positions. I had 22 positions yesterday and 10 place positions. Then the BOJ dropped about 4 trillion into the market and caused the Yen to get strong. So, I had 15 sell positions clear and my software placed 5 buy positions while it fell. Then, the market realized that this was a financial manuever and the market turnd back and all 5 buy positions got closed back up. All in 1 hour.

Now, to the downside of FOREX.

Had the market gone in reverse, I would have had a -92% day. This is the danger of trading currency. I've seen guys on you tube lose 30, 40 and 100K in minutes on emotional trading.

More to follow on my experiences, but digest some of this.

 

[Frixxxx]

Read the following article. Also, drill into Schiller's P/E model:


http://finance.yahoo.com/tech-ticke...Too?tickers=MSFT,SNE,NOK,CEPH,APOL,^GSPC,FITB

Man, I should've gotten my education in economics.:blink:

 

[XL-entLady]

Man, I should've gotten my education in economics.:blink:

I did. Doesn't help! :laugh:

Lady

 

[Steadygain]

You did a GREAT JOB explaining it Frixxxx

It's very easy to think a name 'FOREX' makes something extremely complicated easy to explain.

The center of the galaxy contains the Black Hole.

Could you explain the dynamics and physics that make the Black Hole function. Could you elaborate on the properties that distinguish it from the rest of the universe. In what manner does it function not only with the galaxy it controls - but with other galaxies. In relation to matter how does it draw matter - what does it do with the matter it captures - and what happens to the matter once it's been expelled?

Although the name sounds simple - without really knowing all these things and more...a black hole is simply a hole that is black.

 

[RonUSPSretired]

Thanks I'll check it out, found out I already have it in favorites.

Investopedia.com is where I go for information. Home > Financial Dictionary > Forex

http://www.investopedia.com/terms/forex/f/foreign-exchange-markets.asp

Check out the "Related Terms" and the articles in the "Related Links" on the above page.

WAY, Way, way over my head... :blink: :suspicious:

 

[RonUSPSretired]

Thanks for the "explanation" Frixxxx. Looks like it's back to school for awhile! Steady, just maybe there are some new stars being born in that Black Hole!

Read the following article. Also, drill into Schiller's P/E model:


http://finance.yahoo.com/tech-ticke...Too?tickers=MSFT,SNE,NOK,CEPH,APOL,^GSPC,FITB

Man, I should've gotten my education in economics.:blink:

 

[Frixxxx]

You did a GREAT JOB explaining it Frixxxx

It's very easy to think a name 'FOREX' makes something extremely complicated easy to explain.

The center of the galaxy contains the Black Hole.

Could you explain the dynamics and physics that make the Black Hole function. Could you elaborate on the properties that distinguish it from the rest of the universe. In what manner does it function not only with the galaxy it controls - but with other galaxies. In relation to matter how does it draw matter - what does it do with the matter it captures - and what happens to the matter once it's been expelled?

Although the name sounds simple - without really knowing all these things and more...a black hole is simply a hole that is black.

Thanks Steady,
Black Hole: the center of my galaxy is a bank that has my account. The bank draws upon my funds to increase the banks matter. The bank then starts to draw on other funds and becomes a giant bank. Then other banks join in to to become a galaxy. Now when one bank begins to die off, it starts expanding until it collapses in on itself. It draws heavily on the other banks matter once it collapses and drains the other banks of their matter. It draws matter specifically based on real estate exchanges until it drains the other bank's matter. The interaction of this occurs until all matter is contained or redirected elsewhere. This is known as a black hole because not even the light of hope can escape.

Hope this clears up the issue:laugh:

 

[RonUSPSretired]

Wow!! We sit at the feet of a master intellect. This really makes sense!

Thanks Steady,
Black Hole: the center of my galaxy is a bank that has my account. The bank draws upon my funds to increase the banks matter. The bank then starts to draw on other funds and becomes a giant bank. Then other banks join in to to become a galaxy. Now when one bank begins to die off, it starts expanding until it collapses in on itself. It draws heavily on the other banks matter once it collapses and drains the other banks of their matter. It draws matter specifically based on real estate exchanges until it drains the other bank's matter. The interaction of this occurs until all matter is contained or redirected elsewhere. This is known as a black hole because not even the light of hope can escape.

Hope this clears up the issue:laugh:

 

[justbizness45]

:blink::laugh::nuts: Frixxxx you are awesome!!

 

[Frixxxx]

Hey Everyone.

Stale Forex market so squeezed 2% in last 36 hours. Will writ some more this weekend.

There is no confidence in the world markets right no regardless of profit numbers. Bad day in the market.

But, I'm feeling a little frixxxxy today and will go 100% C for next week.:nuts:

I know, I know but there will be a kick next week for some stupid reason.

Have a 6 hour certification test so you may see me this afternoon.

Later all,

"E"

 

[350zCommTech]

Hey Everyone.

Stale Forex market so squeezed 2% in last 36 hours. Will writ some more this weekend.

There is no confidence in the world markets right no regardless of profit numbers. Bad day in the market.

But, I'm feeling a little frixxxxy today and will go 100% C for next week.:nuts:

I know, I know but there will be a kick next week for some stupid reason.

Have a 6 hour certification test so you may see me this afternoon.

Later all,

"E"

We're not over sold. We haven't seen any capitulation. I don't see anything that looks like a bottom. All I see is the PPT trying to prevent an all out crash.

Perhaps Obama will annouce the details of his $800B stimulus plan on Monday?

Good luck Frixxxx.