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Realities of Forex Investment
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bigiSAR
#281 Posted : Wednesday, September 10, 2008 4:21:00 PM
Rank: Member

Joined: 8/13/2008
Posts: 3
@passyson
thanks. indeed its been choppy, waiting for GBP data to be released in a few minutes. happy trading too

Life is a JUST employer,He gives you what you ask...once you have set the wages,u must bear the task...
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NGAATU
#282 Posted : Wednesday, September 10, 2008 4:47:00 PM
Rank: Member

Joined: 5/6/2008
Posts: 107
hello everyone! The market is not that bad,still waiting for the economic datas.Keep me posted if you have anything before me.

Regards


@NGAATU
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Passyson
#283 Posted : Wednesday, September 10, 2008 6:15:00 PM
Rank: Member

Joined: 8/8/2008
Posts: 97
gone short NZD/USD @ .667710 on 10 lots...aiming @ 70 pips...T/P and S/L set...will be out for the day so all the best fellow traders.

Anyone who lives within their means suffers from a lack of imagination
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tonicasert
#284 Posted : Wednesday, September 10, 2008 10:45:00 PM
Rank: Member

Joined: 3/10/2008
Posts: 301
Location: Abu Dhabi
Hi guys!

Tried to post morning idea but somehow it wasnt posting on SK. Oil hit 101 (brent spot even hit 99) and gold has broken 800. Hurricane Ike seems to be bypassing the main oil production areas on the gulf. I gues this reads a stronger USD,or maintain a strong tone. My trades will be shorting against the USD.

Current trades:

Short cable at 1.7590 - TP at 1.7560,SL 1.7620

Short GBP/JPY at 189.03 - TP at 188.60,SL 189.86

I haven't been a fun of trading NY session,but last night made quite a bunch of pips (more than 100 pips),so I think I will be taking some more trades while am relaxing at home in the evenings.

GL and GT
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tonicasert
#285 Posted : Wednesday, September 10, 2008 11:11:00 PM
Rank: Member

Joined: 3/10/2008
Posts: 301
Location: Abu Dhabi
Below trades profit booked.

Entered a risky trade of long GBPUSD at 1.7562 for 15 pips. Not an advisable trade for all,just taking advantage of the oversold level of 5 min chart for a retracements,before I short again.

GL and GT
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tonicasert
#286 Posted : Wednesday, September 10, 2008 11:55:00 PM
Rank: Member

Joined: 3/10/2008
Posts: 301
Location: Abu Dhabi
Stopped out at -15.

Have a nice evening all. Will continue with my trades til late.
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tonicasert
#287 Posted : Thursday, September 11, 2008 11:51:00 PM
Rank: Member

Joined: 3/10/2008
Posts: 301
Location: Abu Dhabi
Hi all,

Passyon,Ngaatu,kilabe,et al... Watu wamenyamaza sana? Hope you are having nice trades.

Last evening got stopped out on 2 trades (pulled some irrational moves),so took a whole day sabbatical now am back.

Still shorting GBPUSD on upticks. Just entered my second trade - Short at 1.7500 targeting around 1.7460/65 levels. There's a heavy support at around 1.7450,so take profit just before then and watch. Probably if not broken,it may retrace in a huge way back to 1.7480's then 1.7520. If it fails to convincingly go to the second resistance,we're in for anothe slide.

GL and GT
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Passyson
#288 Posted : Friday, September 12, 2008 2:16:00 PM
Rank: Member

Joined: 8/8/2008
Posts: 97
Hi fellow traders,

Hope your trading has been going well. I will be out of the country from today for a month or so. Highly doubt whether i will be trading during this period but if and when i do,i will let you know.

For now,trade well and more pips to you!

Tc.


Anyone who lives within their means suffers from a lack of imagination
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tonicasert
#289 Posted : Sunday, September 14, 2008 8:38:00 PM
Rank: Member

Joined: 3/10/2008
Posts: 301
Location: Abu Dhabi
Hi,

For those who have been asking on which broker to use,I found this site on review interesting:

http://www.goforex.net/forex-broker-ratings.htm

Click on reviews for individual broker comments from the users. Noticed no one is perfectly happy wih their brokers. But hey,it's not a perfect world. It's upto a trader to decide with what he can or cannot live with.

Also a few comparisons:

http://www.goforex.net/f...x-broker-comparison.htm

My first broker was fxcm,then I later changed to my current one,oanda.
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NGAATU
#290 Posted : Sunday, October 12, 2008 5:25:00 PM
Rank: Member

Joined: 5/6/2008
Posts: 107
Hi @all

@passyson @tonicasert @kilabe @kim007 @ timber @alala and all.

Hope guys you have been all well during this crazy session.I have been away for some time but things now are as ussualy as they were.Lets keep the fire burning.
We need also to give the directions as i think most guys in other investments are currently in darkness and we need to give them the basics and fundamentals which they were ignoring or dismissiing them but now they are proving their strenghts and reality.


@NGAATU
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