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Where you usually get infroamtion and news?
I don't use the news in my trading. I read it occasionally for general curiosity and awareness. I use metatrader for my charts.
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I don't use the news in my trading. I read it occasionally for general curiosity and awareness. I use metatrader for my charts.
With which broker you work now?
With which broker you work now?
HI Joho,
I'm sorry I'd rather not say.
They offer to up 1000:1 leverage.
Ratio, how many trades are you taking a day and off what time frame?
Hi Forker,
I'd say between 1 and 6 trades per day. I don't like to get sucked into longer term positions, so I'll usually stop short of hourly charts to find my signals. I stick between the 5 and 30 mins charts.
So, the pound got its obligatory rally last week. Question here is will it revisit August highs or April lows? Trendlines (or just one) can help. If you're following the #/$ and you haven't drawn a trendline from April lows to last week's lows, you might want to. How that trendline holds up might tilt the market's hand. If we break that trendline before price makes new highs, we could be very well looking at Jan 2009 lows (remember, the candle should close below the line - I'm talking daily.) Does anyone think the dollar has that kind of strength? Hell, I don't know. I would think the pound would gain some strength with the US markets tumbling (and there's more gas in that can!) Should be an exciting fall season.
If you're short NOW, look to cover at 1.5416, maybe even down to 1.536. Longs COULD push this to 1.5536, but I have a feeling we'll see the downside first.
If you're short NOW, look to cover at 1.5416, maybe even down to 1.536. Longs COULD push this to 1.5536, but I have a feeling we'll see the downside first.
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HI Joho,
I'm sorry I'd rather not say.
They offer to up 1000:1 leverage.
My broker have 1:1000 leverage also
Actually, I personally want to get short, but I want a bonafide upward move to give me a good price - otherwise, I'd have to set my stop too far away.
But I really wanna get short...
Well, this is where I'd cover that short - well over 100 pips... Sadly, I was too scared to take it.
And as this is a good spot to cover, it's a good spot to buy. I'm looking for the upturn on this decline.
And there it is. Take profits on that long.
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