“You may think that since it was all a delusion on the profit side, the loss also must have been imaginary; that if nothing was added to the wealth of the country, neither was anything taken away. But that is not the way of it. First there was the direct loss of diverting that credit from all the possible uses of production to the unproductive use of speculation. Secondly, a great deal of it was consumed by two to three million speculators, large and small, who, with that rich feeling upon them, borrowed money on their paper profits and spent it. In this refinement of procedure what happens is that imaginary wealth is exchanged for real wealth; and real wealth is consumed by those who have produced nothing in place of it. Thirdly-and this was the terrific loss-the shock from the headlong fall of this pyramid caused all the sensitive sources and streams and waters of credit to contract in fear. The more they contracted the more fear there was, the more fear the more contraction, effect acting upon cause. The sequel was abominable pain.” Garet Garret, The Bubble That Broke The World, 1932

I emailed Mukkamu,

who is the creator of this theme,on how i could solve the problem with the post-timestamps and he kindly answered in a matter of minutes!

Thumbs up!

Solution:

one must change the_time(’h:m’); into the:time(’h:i’);

in the Main index template -> index.php

you can find his site @ www.mukkamu.com

Here the not so pretty 4H Picture.

It seems my forecast was way off the road ;)

But hey we play the odds and if we do it right one trade after another we win in the end.

My Buystop was activated and I lost 25pips.

If i had been @ my terminal i would have shorted on the breakout to the downside with an stop around the middle of the box as indicated in the screenshot.

Actual Peformance=-37 pips

Next week my schedule leaves me with better times to trade ,so I should get some opportunities to get’em back :)

okay i will catch some sleep now..

the problem with the time assignment is still not solved and gpb/chf is still ranging..

there will be new opportunities for sure..one don`t have to try to catch every move..this would be a loosers game..

-Edit..

I decided to put up a buy stop with an risk of 25pips to catch the move upwards..but maybe price doesn`t come back..u never know :D

I will either open on a new breakout to “resume” my previous trade or wait for a fall to the bottom of this consolidation period to long again.

Forget this post ! Problem solved!

Can someone help me or point me a link to solve this problem?

How can i change the “time =ore” in my posts and “Prossima pagina” @ the bottom of the blog into english ? i am crawling the web but couldn`t find anything useful yet..

And i am an absolute newbie too when it comes to html coding and/or ‘wordpress ;) ..but gimme 2 more weeks and all WP in’s and out’s will be in my head!

Thx for every answer! Have a great day wherever you are!

Okay I am out of this trade..

I closed it for 37 pips which brings the actual performance to -13 pips.

Price action told me that the price will drop again in this range..so i will buy again @ the bottom..

Remember the 4H is on our side..because the upper trendline is the target.

It seems the long awaited breakout has  finally arrived..but maybe also a fakeout..wait & watch :D

I move my SL to BE after posting this! No risk anymore..juts see if we can reach 2 pound against the swissy..

my gpb/chf trade is +18 pips in this moment..but it will continue to range for a while..my stop is around 1.9800

BTW i found a great booklist over @ the Cryptogon

-> What Power looks like

and the other news which are presented there are also worth the visit!!

especially those here:

IMF: U.S. Crisis is ‘Largest Financial Shock since Great Depression’

Headz up Kev!