Archive for May, 2008
Position Update
My GPB/CHF Short hit its target perfectly.. +102 Pips.
And look what the geppy did..honestly I really thought it would take a day longer ;)
I am searching for an long entry point.
Meanwhile i jumped aboard GPB/USD (cable) with an little position to test the waters..I plan to pyramid with the Monthly Pivot as target.
And yes i know i probably jumped in to late..yesterday would have been a much better entry..thats why i use only half normal position size.
Gold Position is still active…
No commentsWaiting for an opportunity on the GPB/JPY (Geppy)
I see a descending Triangle @ the geppy daily chart ->
THOSE ARROWS only show what my mind is painting as the most probable outcome..this is not any plan yet..NOBODY knows what will happen..
and another descending triangle on the 4H Chart ->
The arrow to the upside is more appealing to me because geppy hasn`t finished its upwards movement, to complete the next movement forming the daily triangle..obviously the potential in pips is double then on an downwards movement.
But we`ll never know what the future brings..
We will wait and watch the price action when and if a breakout occurs.
The mark waiting for some input and the Bulls and the Bears have still to fight this battle.
No comments
Position Update
I know i called it quits for today ;)
But I have seen this little opportunity and decided to act on it..
I shorted the GPB/CHF @ 2.0517 with SL @ 2.601.
My Target is around the 2.4015 area!
No comments
Position Update
I Closed my GPB/USD short for about +45 pips.
My GLD long is still active.
I call it quits for today!
No commentsPosition Update
I shorted GPB/USD a few hrs ago @ 1.9533 with an SL @ 1.9627
I missed an short entry on the USD/CAD.
Seems like those are the only setups for today..overall the markets are quiet.
Have a nice day!
No commentsWe Were Not Ready
Thank you FreetheMarketMan
by J. L. Bryan
Dedicated to Dr. Ron Paul and R3volutionaries Everywhere
We were not ready.
He offered us an empty hand.
An open and honest hand, concealing nothing.
No blade behind the fingers.
No magic, no artful coin tricks,
To dazzle and distract us.
We were not ready.
His words, plain and spare as Texas flatland.
The one who does not lie
Has no need of honey
To sweeten a viper tongue.
He promised all he could give,
And all that we needed,
Which was nothing.
We were not ready.
He stood amid the crashing towers
Of a falling empire,
And suggested we stand aside
And let them fall.
He told us we have no need
Of playing gods, kings or conquerors.
We are only men and women,
Like all men and women,
And that is enough.
We were not ready.
He would have led us nowhere,
Our nonsavior, our uncrusading anti-emperor,
Freeing us at last from this weary, aimless march.
Emptying the prisons and the battlefields,
Leaving each man to his own life.
We were not ready.
His fight was for peace.
His revolution was for love.
His doctrine was free humanity.
His highest law was liberty.
By following his nature,
He exposed the hordes of liars.
False priests of all factions
Have lost their flocks.
The heart knows the truth,
Though it roils the mind.
Now that we have heard, how could we forget?
How could we accept the old familiar lies?
He awoke a hunger
No illusion can quench.
He did not need us,
But we needed him.
We are not gods or kings or conquerors,
Only men and women, like all men and women.
What has begun cannot be stopped.
The truth, once heard, cannot be unheard.
The newborn Revolution, decentralized and protean,
Shifts form, grows stronger, spreads its wings.
We have played the game their way.
Now, we begin to play it ours.
One day, we will be ready.
J. L. Bryan is a freelance writer.
Copyright © 2008 LewRockwell.com
No comments
Money as Debt (with german subtitles)
I recommend watching this 47minute video to get a clear understanding how our monetary system works.
It`s not perfect imho but very easy to understand for anyone. The german subtitles are also not the very best translation but good enough.
This should be shown all our children twice every year in every school ;)
No commentsPosition Update
My Gold Position got stopped out through my Trailing Stop (+ 3.45$) before the Close on Friday.
I then also closed my GPB/USD for approx. +118 pips.
No commentsQuote of the Week
“A truth’s initial commotion is directly proportional to how deeply the lie was believed. It wasn’t the world being round that agitated people but that the world wasn’t flat. When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic.”
-Dresden James

