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Wake me up when September ends...FOREX

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All-Star
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Posted: #51
How would you say that

Im looking at the 9:00 candle with the hammer, 
but my entry is on confirimation of the trend @ on the 1:00 candle
 
Captain
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Posted: #52
Whats up fellas....went out for dollar buds....any kind just a BUCk...hard to pass up....anyways i got some JPY didnt get what i should have but $$$ is $$$....called it out at 8940 and it hit 9099.....got in once it confirmed it wasnt crossing to the downside
 
What a move in GBP............WOW.....
I dont see anything i like right now.....ill check again here in an hr or two
 
Captain
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Posted: #53
in a sell of JPY 91.023 looking for 20 pips here
 
Covers Linesmen
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Posted: #54
I think you get it tonite.
 
Captain
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Posted: #55
Shoulda went for 25 but its all good....ill take this after the Bears blow what should have been an easy win 2night.....mistakes on defense, offense and special teams
 
Im on days this week so ill be in here around 5-6pm everyday....GL this week fellas
 
Captain
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Posted: #56
Whats up fellas....that JPY trade was a good one ....hit a low of 9040i entered that trade off a cross of the +DMI and the ADX....anyways...
 
Just entered a BUY of EUR/USD 1.4958.....looking for 20 again
 
Captain
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Posted: #57
kinda scary all the short term charts are showing a drop but the 4hr is showing a cross of the DMIs which should be a spike and not a dip........
 
Covers Linesmen
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Posted: #58
If you have a 2 pip spread you are out with 20 already.

How has the 20 only been working for you?
 
Captain
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Posted: #59
Its been good...but at the same time i have still been forced to avg in a few trades....its all timing if catch the cross late i still get stuck...if im in early or as the cross is forming they go pretty quick
 
 
 
Captain
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Posted: #60
Darn game cost me a trade.........NICE DMI cross in JPY......already good for 50+ since 10pm
 
I think we see 1.50 in EUR 2night............thoughts anybody
 
Captain
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Posted: #61
Also looks like EUR/GBP may climb higher here....DMI cross maybe coming b4 morning
 
Captain
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Posted: #62
taking a shot on a buy of AUD.......92423......20 pips
 
Covers Linesmen
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Posted: #63
I think you get it easy..in fact I think that trade is probably good for 50 in total.

I will reply back to your message btw..I got it and havent forgotten.
 
Captain
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Posted: #64

Its all good Wall

Looks like the +DMI turniung up through the ADX thats what got me in....we'll see how she goes

 
Covers Linesmen
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Posted: #65
Well that spike got you out..55 was the high with a 3 pip spread that means you almost would have nailed 30.
 
Covers Linesmen
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Posted: #66
Big spike on the Aussie this afternoon..

All the stronger contra USD pairs are moving, the CHF is about down to par.

If some of these USD pairs get to those way oversold levels it has to be a time to take that chance..especially pairs whos CB will respond and be concerned (like the Swiss)
 
Captain
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Posted: #67
Just got in....yeah some of the longer term charts will be good.......those crosses would be worth hundreds of pips....i will be going longer term type of trades once i retire
 
Covers Linesmen
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Posted: #68
buck,

Did you get some info on these new margin rules?

Unreal..some pairs margin have gone up 5 times and more.
 
Captain
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Posted: #69
yeah i did....what broker are you currently trading with Wall?
 
Covers Linesmen
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Posted: #70
Quote Originally Posted by bucknuts:

yeah i did....what broker are you currently trading with Wall?


FXDD


That is CRAZY...huge margin changes, like monster changes.
 
Captain
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Posted: #71

Ill be fine with it...just one trade at a time open to limit my lots in case of movement against me....i got plenty of room to average a few times and still be down a few hundred pips...if ive averaged a few times and im still down hundreds of pips,that just means i made a horrible trade...but most of the time if you look at the longer term charts you can find the top or bottom so you know [somewhat]just how deep the hole can get b4 entering...

I cant change my style...this works for me and i cant use stops...this market moves too fast in large clips...if i set hard stops at 50 or 100 id be...i guess ill have to get in a trade and get down just to see if it makes me sweat more but i think thatll be the only difference for me...

 
Covers Linesmen
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Posted: #72
This should really scale back the retail Forex trader..it looks like margin percentages are going up to slow the volatility.

I wonder if FXDD will have a different angle, I havent heard from them directly.

I agree with you 100% regarding not having tight stops, that is death to success trading Forex, only trumped by having sufficient capital to trade.
 
Captain
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Posted: #73
DMIs crossing again in AUD this time to the low side gonna sell here 92709
 
Covers Linesmen
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Posted: #74
That takes some serious guts...

Looks like she is starting to run,I hope it petters out for you quickly.
 
 
Captain
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Posted: #75

As soon as i get in it pops 8 pips

 

Whaeres Rick and Pop been you guys still trading or what

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