Recent content by hoangmphung

IB is supposed to give 50:1 leverage in Forex but you can never have that due to the following reasons: * 50:1 is both the buying power and the margin call. Since you can never have a trade with no drawdown, the maximum effective buying power is like 30:1. * Leverage is reduced by half even...

I feel so sad after following this excellent thread so far. Another good trader disappear from the online community because of the trolls on these forums. What is even sadder is that it is so predictable every time. Those losers just can't stand other people's success so they will make all sorts...

Hi DRT, I've been following your calls for some time and they interest me a lot. You said that you are analyzing weekly and monthly price distribution. Have you tried your method on daily bars and if you have, is the result as good? Thanks.

Hi Tony, I think the long awaited reversals in commodities and currencies are finally here. Gold down $40 from the top yesterday. All USD pairs are way off their top/bottom too.

Stopped at 1.2864 :mad:

Long at 1.2909

Long at 1.2087

Stopped out at 1.8875 :( Edit: Ahhhhh... Look like I'm stopped out at precisely the top. Lesson: Never place a stop at a top or bottom.:mad:

Short at 1.8834

Short at 1.2859

Close at 110.34 for +106 pips.

Short at 111.4

I'm fully loaded on the short side at the moment. I'll either get a truckload of money or my head handed to me on Friday :eek: :cool:

Short at 1.2627