wazua Thu, Apr 9, 2026
Welcome Guest Search | Active Topics | Log In

396 Pages«<5960616263>»
Realities of Forex Investment
fxtech
#601 Posted : Wednesday, January 12, 2011 4:52:54 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
USDCAD SL Moved to 0.9870, the trade is now risk free.

Waiting for confirmations on other pairs to place trades.
Discipline & sticking to your strategy even when you loosing defines great traders.
fxtech
#602 Posted : Thursday, January 13, 2011 10:54:38 AM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
I'M LONG NZDUSD@0.7634 TP 0.7684 SL 0.7580
Discipline & sticking to your strategy even when you loosing defines great traders.
qw25041985
#603 Posted : Thursday, January 13, 2011 11:06:28 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
risk appetitie back on scene...euro shld have a good day if spains bond auction goes portugal way....on other news waiting for confirmation set-up on euro/usd for a trade long or short ....it might range as we wait for spain bond sales results ????
Your future depends on your dreams so go to sleep !
Ceinz
#604 Posted : Thursday, January 13, 2011 12:56:34 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Trade entered: GBPUSD @ 1.5772 TP 1.5800 SL 1.5695
“small step for man”
qw25041985
#605 Posted : Thursday, January 13, 2011 1:46:50 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
i am also long cable (gbp/usd) . i am long eur since now the confidence has been reinstalled w/ the successfull spanish italian bond auction NY will come to push it up...as massive 200 pips as usual..so long eur/usd .
Your future depends on your dreams so go to sleep !
fxtech
#606 Posted : Thursday, January 13, 2011 2:02:08 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
NZDUSD moved my SL to break-even, holding on to the trade,

@qw &ceinz I bet we are long on the pairs,i'm sure u will make sth,

GBPUSD Head&Shoulder on the weekly chart, so we might see bull move to 1.5950 or thereabout b4 heading south.

Discipline & sticking to your strategy even when you loosing defines great traders.
Ceinz
#607 Posted : Thursday, January 13, 2011 3:33:48 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Ceinz wrote:
Trade entered: GBPUSD @ 1.5772 TP 1.5800 SL 1.5695


My long psn ammended:: TP 1.5820, SL 1.5716
“small step for man”
hisah
#608 Posted : Thursday, January 13, 2011 4:33:14 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Short EUR/USD @1.3220, SL 1.3305, TP1 1.3120 and TP2 open for now, but looking below 1.3000. Reasons for this trade - 61% fibo retracement on bearish weekly candle last week from the 1.2875 low and overbought RSI on 5mins, 15mins, 30mins, 1hr, 4hr time-frames. The 5min window also shows RSI to slow stochs bearish divergence setup. Please note this is a weekly trade and risky as a daily trade. I will review this next Thursday.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ceinz
#609 Posted : Thursday, January 13, 2011 4:39:58 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Ceinz wrote:
Ceinz wrote:
Trade entered: GBPUSD @ 1.5772 TP 1.5800 SL 1.5695


My long psn ammended:: TP 1.5820, SL 1.5716


TP Triggered, Fxtech I shud have heeded ur target and set a larger TP.
“small step for man”
hisah
#610 Posted : Thursday, January 13, 2011 5:35:27 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Short EUR/USD @1.3220, SL 1.3305, TP1 1.3120 and TP2 open for now, but looking below 1.3000. Reasons for this trade - 61% fibo retracement on bearish weekly candle last week from the 1.2875 low and overbought RSI on 5mins, 15mins, 30mins, 1hr, 4hr time-frames. The 5min window also shows RSI to slow stochs bearish divergence setup. Please note this is a weekly trade and risky as a daily trade. I will review this next Thursday.


Hmmm... Interesting, my trades are stopped out in less than an hour despite the overbought time-frames. Seems the Chinese pledges to buy Spanish and Portuguese bonds have boosted the euro bulls. I still skeptical on the euro prospects due to the debt concerns, but for now I stand aside.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
396 Pages«<5960616263>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.