Forex Day Trader's Thread

[Pippy5000]

Then you're DOOMED!

 

[Masquerade]

Yeah, i'll just rely on my chf/jpy for tonight and a market that traded in a 10 pip range for hours and i'm about 20 offside, I can't see anything wrong with that :|

 

[Pippy5000]

You're the only one I've ever heard of who trades Swiss Francs to JPY

How'd you get into that.. that's one of the pairs I see and say, "who the **** trades that! "

 

[Masquerade]

I don't actually know. It first started off when I had no clue what the $ was up to, so I wanted something $ neutral. I loaded up some things like eur/jpy, chf/jpy - I decided to give chf/jpy a go and it went well. I did about 10 trades or so and had a 100% hit rate on it with reasonable sized stops I add. My broker moved the spread from 4 to 7 so the jig was up, but i've got a new broker now - tighter stops and i'm not enjoying the $ so much so i'm trying to seek refuge again.

 

[Pippy5000]

Are you really in Jamaica man?

 

[Masquerade]

No, UK - I was just being "different"

 

[Pippy5000]

new blurb:

"all the moves are reversing now, which is usually the case when the move is stops driven"

GRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

 

[Pippy5000]

YouTube - Peter Tosh - Legalize it

 

[Alg]

Now Stops to Entry.

Now I'll put Stops to Entry.

EUR/USD very Intraday support 1.4769.
Support we do Buy. Stops 7 pips.

How important is every one pip and every one second.
http://www.algforex.com/images/stories/videos/09221.wmv

Our trades based on Intraday - Daily reversion. Reversion level is Pivot levels. Same time they are strong resistance or strong support. Resistance we do Sell, support we do Buy. Thees Entries are 2-7 pips accuracy. And Stops are 25 pips. Later after price moves 15 - 25 pips of Profit move Stops near Entry (This is new. Use to be 40 pips in old market conditions). Also we do trade follow broken Pivot. In this case I do make special note. It works just for special Market conditions and for special levels or pivots. Take some profit at 40 and 70-100 pips. Never close all trade 100%
Do not risk more 3% of your account Balance.

 

[Pippy5000]

god dammit.. don't tell me we'll run stops south too.. I'm picturing the little Chinese genius kid at Chase Manhattan surrounded by flat screens laughing his ass off! little *******!

UGH.. 25 pips underwater

 

[cpngtw]

I afraid it'll run south to 1.477, but just my opinion, maybe wrong though

 

[bbc1183]

i just bought more... 1.479

 

[Masquerade]

I wanna go to sleep - stupid sell off, now I want my pound of flesh for this.

 

[Countvonaltibar]

I lost a shed load on that eu jump. i guess there's more to New Zealand than sheep then!? I'm getting stuck into some Australian red to compensate...

 

[Pippy5000]

there's no way... my city has 4 times the population of their whole country.. it's not mathematics but sentiment in my holy opinion

 

[Pippy5000]

my pound of flesh

I have a few web sites I frequent for..... oh... pound OF flesh.. erm.. ok, nevermind..

 

[Pippy5000]

All hail the mighty kiwis!!

 

[Pippy5000]

is that directory tree off of the root URL trade2win.com .. can't see anything

 

[wh92stang]

Anybody use Interactive Brokers? I haven't been able to find out how to enter a bracket order in Trader Workstation.

 

[Countvonaltibar]

Hey it was just a load of sheep, nothing to get excited about! I'm hitting the hay, 3am now and aussie red has kicked-in so no more trading...