All Forums | Investments

March Forex II

Participants:
Search model icon
Views: 3470
Posts: 142
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56849
Posted: #76
Ive noticed that there are a TON of systems and scams on the Forex..just like sports betting and the stock market..people looking to make a buck off people.


 
Veteran
Participation Meter
Joined: Sep, 2007
Posts: 1797
Posted: #77
wall, I just got out of that gbp/usd. I went fishing for a couple of hours, came home, and it just went down enough to make a couple pips. It's better than losing though. It jumped back up already.
 
Veteran
Participation Meter
Joined: Aug, 2007
Posts: 1162
Posted: #78
sorry rick, i missed your post.  yes BH, he posts through facebook so there is no link, but if you have an account you can add him as a friend.  there are a bunch of ppl there that discuss the eur and gbp and yes he is tout, but he gives a lot of hints and lets his general direction be known for those pair and he is usually right.  also every once in a while he will give direct trade sugestions
 
Veteran
Participation Meter
Joined: Aug, 2007
Posts: 1162
Posted: #79
for sure wall...all these robots that will trade for you and you dont have to do anything
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #80
I havent looked at any programs for auto trading but that something i would never do anyways....there is plenty of free info out there if youre willing to search for it dailyfx.com is a great free info site
My last two trades have been clunkers.....got less than half my goal on JPY yesterday and i just sold EUR/GBP for $50....im working a crappy sched this week maybe next week will be better...but i will have Friday off so ill be up early
 
GL on your trades tonight guys im getting ready to eat with the fam here then its off to work
 
Veteran
Participation Meter
Joined: Aug, 2007
Posts: 1162
Posted: #81
seeya buck...

eur didnt manage to break the upper resistance of that channel and moved 50 pips down... should continue i think
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56849
Posted: #82
Good job sjewell,

I think it goes where I want it to..but the sucker is crazy, jumped 20 plus pips and fast.
 
All-Star
Participation Meter
Joined: Mar, 2006
Posts: 14715
Posted: #83
if eur/usd breaks 1.2868 it should be good for 75-100
keep yer eyes pealed.
 
 
 
Veteran
Participation Meter
Joined: Sep, 2007
Posts: 1797
Posted: #84
Had I waited a little longer, it went down to about 1.383, and i got out at 1.385, but if we knew that, everybody would be doing this. Anything looking good coming up?
 
All-Star
Participation Meter
Joined: Mar, 2006
Posts: 14715
Posted: #85
likin eur/usd long
 
will wait for entry though
 
 
Veteran
Participation Meter
Joined: Sep, 2007
Posts: 1797
Posted: #86
You guys think that gpd/usd is about ready to drop again?
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56849
Posted: #87
I have a buy limit in on US.Yen not far from here..she has come down quite a bit and is quite oversold..
 
Veteran
Participation Meter
Joined: Aug, 2007
Posts: 1162
Posted: #88
wall, what are you using to determine over/undersold... i tend to use rsi, stochaics and cci.  when they all agree on the time frame you are looking at usually works out nicely
 
Veteran
Participation Meter
Joined: Aug, 2007
Posts: 1162
Posted: #89
sjewell, it could... i think it will eventually, could come up to just above 1.4 though first tho
 
Veteran
Participation Meter
Joined: Sep, 2007
Posts: 1797
Posted: #90
I just went in short on usd/jpy, with a little limit, came back in 2 minutes, and it was done. Wish I'd set it lower. Thanks also popinjay. It's gone higher than I thought, so I'm gonna keep my eye on it.
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56849
Posted: #91
I looked at the history of the RSI on that pair and the RSI is at 30 on a 4 hr chart and given the past on how it reacts around that point, I thought it was worth giving it a shot.

Also added a contract on the LB pair.

Lucky I have a BUNCH of LB.CHF pairs so I am actually making money even though I am losing on the other pair..

Stupid..I need to slowwwwww down.


 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56849
Posted: #92
That LB pair was out of control..

Averaged up to 1.392 on one and 1.3907 on another so I closed the 4 pair out at 1.3835, it dropped like a rock like 40 pips in 3 minutes and done..so averaging in on another bad entry worked out and made 170 pips between the 4 pair.

Still short the EU pair, long a US.Yen and a bunch of Lb.CHF.

Looking at the chart I wouldnt be shocked to see that LB.CHF move to 1.64 with very little problem, chart is JUST starting to form a long saucer bottom and turn up on the 4 hr read.
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #93
I dont mind having to average at all,its not like youre trading the pair for fun....we get in because of the chart so as long as everything is still in line you gotta go for it...and most of the time its a bigger payoff
 
Shoulda kept my EUR/GBP short open it hit a low of  92.11 overnight i only needed low 30s for my limit
 
AUD looks like its getting a downcross but the +DMI is at 21.....im gonna gamble here this is about the middle of the range its been in for the last month...64605 going for 30 pips $600
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #94
Forexinsider looking for the reports at 8:30am here to be USD positive
 
All-Star
Participation Meter
Joined: Mar, 2006
Posts: 14715
Posted: #95
it was pretty good,
 
got in usd/jpy @ 96.30
jumped to 96.60 @ newstime.
 
30 pips to start off  the day.
 
 
 
All-Star
Participation Meter
Joined: Mar, 2006
Posts: 14715
Posted: #96
anyone think this rally can sustain?????
 
All-Star
Participation Meter
Joined: Mar, 2006
Posts: 14715
Posted: #97
usd/jpy is a little outside of the parameters of our indicators, but I think that pending a fair open this morning we could see a rally . 
 
and this is all just speculation
 
All-Star
Participation Meter
Joined: Mar, 2006
Posts: 14715
Posted: #98
up 40 pips after the better than expected news.....
think im holding at least until market opens. 
 
All-Star
Participation Meter
Joined: Mar, 2006
Posts: 14715
Posted: #99
(from Fxstreet.com)
 

Thu, Mar 12 2009, 11:53 GMT
https://www.fxstreet.com

FXstreet.ccom (Barcelona) – After hitting a fresh three-week low at 95.67 the Dollar has recovered somewhat and advances some pips above March 6 low at 96.57.

Successful move above here could put the Dollar back on its way towards Mar 10 low at 97.90, and above there the doors would be open towards intra-week high at 99.15.

On teh way down, downward reaction below 95.97, could drive the pair to 95.45, next support comes at 94.95, and below there, an important support level comes at 94.64 (Jan 6 high.) On the upside, above 95.95, the Dollar should break Mar 6 low at 96.56. Above there, the path would be clear towards mar 10 low at 97.90.

 

I love when news is so quick that they mispell words to get it out. 

 

 

 
 
All-Star
Participation Meter
Joined: Mar, 2006
Posts: 14715
Posted: #100
I also like how I misspelled misspell.
 
 
All Forums | Investments
About Us
Contact Us
Careers
Our Team
Brand
Testimonials
Betting Guides
Sportsbook Reviews
Sports Betting News
Podcasts
Responsible Gaming
Sports Betting
US Betting Sites
Canada Betting Sites
Canada Casinos
Best Betting Apps
Contests
Streak Survivor
King of Covers
Ultimate Race
Office Pools
The Covers community has
618,670
lifetime members worldwide
Covers 25 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
Site Map Help Privacy Terms of Service youtube logo facebook logo twitter logo instagram logo linkedin logo google news logo
Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo
Copyright © 1995 - 2025 CS Media Limited All Rights Reserved.

If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.