Dear Yatry,

When I first saw BOM (www.betonmarkets.com), I thought money can be made
only by luck. Then I tried to make a program to help me make educated bets
for long terms (bear, bull). It changed a few times but in the end it
failed. However, it helped me see some interesting intraday patterns, so I
concluded that intraday forex is the one thing that fits my personality.

Now I think that money can be made (luck has nothing to do with it) if you
have the right plan. That's why I'm making another program, specifically for
the intraday forex market, for double up / down bets; in such a case, all I
need is to detect when the low or the high of the day occur (and I really
don't need them both, just one). (It will be ready in a few weeks and I'll
tell to the list, maybe someone will be interested to register for 2 AUG)

All I need is to have at least a 60% success rate. From what I've seen so
far, this rate is easy to achive. Some may think this rate is too low for
double bets, but the plan is to always bet 20% of what I have in my account.
This ensures a constant grow of the money.

I don't like complicated things... I see some basic patterns and to see that
I don't need indicators on my charts, but only the simple tools you can see
in this snapshot: http://www.filematrix.xnet.ro/ideas/fora/fora2.png  Just a
few lines in the right place and the patterns that repeat with a high rate
are visible!

I can't say financial speculation is for everybody, but if one can eliminate
emotions from the speculation process, then one can make money. Emotions are
baaaaaad! Greed is probably the worst!

Just play with a virtual account and with the betting methods you feel
comfortable with; as I said, I like double bets, but you may like bear. The
real problem is that the charts they give are really useless! I just can't
see the patterns, but I guess that may come with experience (someone said he
only uses the ruler on the charts). Actually, I haven't seen any good charts
on the Net and that's why I'm making my own program.

As days pass by, I feel more and more confident that financial speculation
is like an instinct: you just do it! I feel silly that I didn't think to
this before, but only after I met E-gold. And though I lost the egold I sent
the first time, I have this feeling that "things pop up just when you need
them". You just have to get used with them around :)

P.S. The best source, I've seen, for free real-time charts:
http://www.netdania.com/ChartApplet.asp


Regards,
George Hara
www.filematrix.xnet.ro




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