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May the forex be with you...

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Captain
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Posted: #251
Im gonna tail you again here with a single lot...im gonna let it run again then im in for another shrt
 
Captain
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Posted: #252
in again 38834....limit 70 at the moment
 
Captain
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Posted: #253
its a bomb about to go off...no way in hell the forex gods let me get away with two quick trades here...sorry Wall
 
Captain
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Posted: #254
Wow...the gods must be crazy....Wall,i owe you a beer my friend
 
Captain
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Posted: #255
...run it up one more time
 
Covers Linesmen
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Posted: #256
Quote Originally Posted by bucknuts:

Wow...the gods must be crazy....Wall,i owe you a beer my friend


No I owe YOU..without your Forex threads I would never have found out about it.


 
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Posted: #257
what do you guys think of the eur/usd here around 126 ?? I thinking going long but if it breaks last weeks 125 the drop could kill me lol. 
 
Covers Linesmen
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Posted: #258
Quote Originally Posted by papageorgio:

what do you guys think of the eur/usd here around 126 ?? I thinking going long but if it breaks last weeks 125 the drop could kill me lol. 


I dont like long the EU at all, if anything short these risk trade days, it is in an obvious downtrend and too much uncertainty for me to risk a trade going long.
 
Captain
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Posted: #259

Well im happy theres a few folks that have this working for them

I thought for sure more folks would join us in here..not thats its really easy but we got guys here that play the stocks already and if they are chart guys theyd love this stuff...then you have the gamblers...what could be better than this??All this action and risk

People always talk about the leverage working against you,which i could see when you first start out but it doesnt take long to figure out just how to use it to your advantage...there has to be more people who trade the way we do,but i havent found any in the other forums ive been to

 
Captain
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Posted: #260

I agree with Wall..i think it looks like it could be good for a long but if it turns on ya 125 for the first average then what...119..ill wait for the next trade

Sorry about CAD Pap...i really didnt think it would take this long..

 
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Posted: #261
yeah i guess i dont wanna be onboard if the eur train begins to derail again, which it should and will. I'm just itchy to get into something. i shoulda got short with you guys earlier today i seen the gbp/yen @ 139.10ish almost jumped in but thought it make track a lil higher, if i had seen it 139.50 i woulda jumped in. 

whats the best way to play gold going down ??? i'm gonna be looking into  this next week or the following after the bailout noise dies. they will sell-off gold when this stuff gets quiet. but right now i hope the gold bugs run it up. 
 
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Posted: #262
Well who knows if the L.Y pair goes lower, not sure..but this is one of the first times the lower juice spreads got me out of a trade right on the dime.

I have a 1.5 to 2 pip spread on that pair and she hit 137.75 on the number (137.73 bid).

Since going with Delta the tight spreads have come into play a few times but just having them makes it worth the cost (.5 pip commish) just knowing I dont have that 8-10 pip spread is a huge relief.


 
Captain
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Posted: #263
Wall did that last drop hit your limit?I know you got better spreads..it had to be real close if not
 
Captain
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Posted: #264
nevermind...i didnt refresh again b4 posting
 
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Posted: #265
walls that .5 pip commish is that per lot ? even so thats alot better than the 8 pip spread. hell sunday gbp/yen was 20 when it opened and eur/usd was 10 pips. i'd take paying the commish anyday. basically your spread is only 2.5 pips per lot so it dont matter if its per lot. 

How long have you used delta ?? do they have a good platform to use also ??? im interested, that spread savings is huge. 
 
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Posted: #266
Delta has MT4 which is the same from broker to broker..

In reality the spread hasnt come into play probably more than 5-10% of the time but having the peace of mind that I can get AWESOME spreads is worth it to me..


 
Captain
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Posted: #267
Pap you can also go to pipthepip.com and get 40% of the spread back...
 
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Posted: #268
i checked pipthepip.com they dont do business with forex.com anymore. 


walls how easy is it fun delta, do they accept debit or credit cards ?? and do they deposit the funds quickly ? 
 
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Posted: #269
im looking over delta and i see gbp/yen spread is 8 ??? heres the page 


am i missing something here ?? 

 
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Posted: #270
i meant that if you were to go to deltastock you could use the pip rebate..
 
Covers Linesmen
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Posted: #271
Talk about missed opportunities..

Sleep is overrated, it is costing me trade entries..


 
Captain
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Posted: #272
I saw  LB/JPY at 13930s and thought about a short as it made a double top just above my go short line...i couldnt trade this pair w/o you though
 
Covers Linesmen
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Posted: #273
buck,

I would have dived in at that 139 area for sure..

Would have netted us over 100.

This risk-on trade keeps running, just like it has for the entire 2010 so far.

Drops in the market are so shallow and short lived, we are fighting the tape trying to go against it for more than a fast trade.


 
Captain
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Posted: #274
So we watch for 13875 again?
 
 
Covers Linesmen
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Posted: #275
Hour chart is inconclusive..

It kind of looks like higher lows but I will place a sell limit at 139.25 while I am working out and see what happens.

Man they love the risk trade again..the VXX has dropped 20% in less than 3 trading sessions, back to the high USM and low USD again.
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