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May the forex be with you...

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Posted: #326
Here comes EU 1.25

If this market sells off this summer I wouldnt be shocked to see PAR


 
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Posted: #327
135.43  2lots  looks like it drifted down to 135 earlier now its in the middle 135.25ish. probably gonna go lower tonight.
 
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Posted: #328
walls how fast  is it to get an account with delta ?? also any info on funding the account like do they accept credit cards/debit cards and how fast do they deposit the funds etc... I think im gonna open another account with them so i can play the higher spread pairs. 
 
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Posted: #329
also have you guys ever managed an account for someone else ??  Is there anything that would be different ?? or any hoops i'd have to jump through to do this ??
 
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Posted: #330
papa,

It is easy to get an acct with Delta..download their software, fund the account and they allow wires, CC etc etc..

I would never manage an account, that is the quickest way to go belly up, put me in charge of someone elses money...


 
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Posted: #331
I treat it as my money, so i dont do anything any different. hell i may be even more conservative with it. 


how long does it take to get up and running  (the account) and how fast to they deposit funds via credit cards ?? forex.com takes about 1-2 days for an account to get verifed and the 1st deposit with a new credit card takes 24hrs to get deposited after that the next deposit goes in right away .


did you get in gbp/yen i just notice it dipped below 135 a few minutes ago 
 
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Posted: #332

I thought the managed account was them to manage yours?

Theres no way they just allow you to sign up and be in control of somebodys cash..

Im in LB/JPY jumped in b4 we went to dinner...got a good price...had i waited a few more mins couldve had under 135...Wall how far do you see this bouncn?13650ish?

 
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Posted: #333
buck,

I was stubborn and left mine out for .75 so I missed it.

I was shooting for 100 if I got in, I would say you should get that at least.

I thought pap was asking about if he was to give POA to someone else and I was saying that I wouldnt ever consider it personally..
 
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Posted: #334
no i'm just gonna be doing all the trades for someone. really they dont need to know, how the hell they gonna know who's making the trades really. 
 
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Posted: #335
I dont think thats how it works Pap...i think a managed account is your $$ and them trading
 
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Posted: #336
Well what you are suggesting is doing trades for someone..and I wouldnt recommend having a joint account, hell I wouldnt take money from anyone, it changes everything.

Going to do a crazy trade here..the EU is about to break through year plus lows here, I am going short one lot of the EU.US at 1.2540 (setting order).

I think the fall continues..
 
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Posted: #337
walls i think ur right about the eur here the 3rd test usually is the one that breaks through. or atleast thats what i usually notice. 
 
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Posted: #338
Not that it matter Wall but they keep giving me buy signals here at this level in EU...what about a shrt of EU/LB?
 
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Posted: #339
You guys cant go to bed its early
 
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Posted: #340

Pap what are you looking at for LB/JPY?

First MA on 4h is 13785..we had a 400 pip drop can we take 300 back?

 
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Posted: #341
Daily pivot 13644
 
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Posted: #342
read this about banks and the recent housing numbers. walls  i think your holding faz this will put a smile on your face. https://www.cnbc.com/id/15837671
 
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Posted: #343
I actually sold it already up 50 pips. I'm hoping it floats back down to 135 
 
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Posted: #344
oops this the link to thats story https://www.cnbc.com/id/37131956
 
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Posted: #345
Im gonna crash out see you guys early tomorrow.
 
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Posted: #346
papa,

Thanks for that link, US futures are down and I like that for my FAZ for sure.

I should have placed a limit buy on that EU short because it gave 100 pips and I wasnt around to clear it out, instead it is back up and I will try to take 60 pips and cover at 1.2480 if it goes back there.

Also in for 1 lot (missed the second add by 5 pips) on the Lb.Yen long..


 
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Posted: #347
Out of the EU short, only 60 pips which should have been 100.

Will look for 100 on this Lb.Yen long too..
 
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Posted: #348

What did you get in at Wall 3475?

Got out of the trade with 90 yesterday maybe ill tail you again here since we are back under 35...

Pap you out of CAD?

 
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Posted: #349
buck,

Yeah I have 3475, probably should have taken the 50 on the table, but its not a big deal..I wish I had averaged down then I would be out for more and be done.


 
 
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Posted: #350
well crap there is 1.2440 again and I didnt need to bail early.


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