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Realities of Forex Investment
Ceinz
#1431 Posted : Thursday, November 17, 2011 2:08:17 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
hisah wrote:
Ceinz wrote:
hisah wrote:
hisah wrote:
Trade update - revising SL to 1.2620 on the long USDSGD positions. Position 1, TP remains 1.3000. Position 2, TP revised to 1.3200.

Since I don't usually trade in Dec due to thin liquidity & stress free vacation, this will be my final trades for 2011 unless defaults in euroland happen in Dec presenting quick profitable trades.

Position 1 TP hit in Asia session and profits booked. If this goes as expected position 2 should yield at least $3400 for a combined $6200 profit. But boy 2011 has made these swing trades hard to come by as volatility goes fever pitch coz of euroland. @fxtech & @ceinz goodluck with ur day trades. I gave up on day trading since my eyes cant take anymore hourly screen staring/monitoring.


Congrats, hope the 2nd trade goes as expected. Btw, some few posts ago, I said I was trying a slightly long term approach, and so far its working, better than day trading.smile

Yep, I remember you mentioned. So far how do you like the freedom of walking away from the screen or going about your day or sleeping without the anxiety of being stopped out... Once you get addicted to this, there's no turning back smile


I'm liking it, so far so good.
“small step for man”
QW25081985
#1432 Posted : Thursday, November 17, 2011 3:41:29 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
Euros resilience is just buffling me ???? no words...if it rallies in n.y its gonna be major !!!!!!!
QW25081985
#1433 Posted : Thursday, November 17, 2011 3:42:49 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
QW25081985 wrote:
funny enough euroDollar doing the same declining wedge !!!! what a coincidence ...Laughing out loudly Laughing out loudly





bulls really defending this pattern lol.
QW25081985
#1434 Posted : Thursday, November 17, 2011 3:55:54 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
bearish dollar index euro set to rock UP !!!!!!!!!!!!!!

fxtech
#1435 Posted : Friday, November 18, 2011 8:23:52 AM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
@Hisah wow u mean you trade weekly charts, I like that, I bet the higher the timeframe the better you become as an fx trader. For me H4 & D1 work best.
Discipline & sticking to your strategy even when you loosing defines great traders.
QW25081985
#1436 Posted : Friday, November 18, 2011 9:35:29 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
could we be headed down !!!!!!!!

QW25081985
#1437 Posted : Friday, November 18, 2011 10:02:48 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
if you love usd/cad...things arent really looking up !!! ascending wedge BEARISH !!!!!!!!


fxtech
#1438 Posted : Friday, November 18, 2011 9:46:01 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
@Hisah USDSGD for sure might hit 1.3200

@QW USDCAD I also see a potential short setup emerging and it will fall hard, keeping an eye
Discipline & sticking to your strategy even when you loosing defines great traders.
fxtech
#1439 Posted : Friday, November 18, 2011 9:48:31 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
AUDCAD long @1.0294 possible 300-400pips

Longs to watch GPBCHF, AUDJPY, AUDUSD

SHORTS USDCAD
Discipline & sticking to your strategy even when you loosing defines great traders.
QW25081985
#1440 Posted : Sunday, November 20, 2011 12:06:11 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
doesnot look good for nzd/jpy .it forming a wedge formation


396 Pages«<142143144145146>»
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